Cement News tagged under: Sri Lanka

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04 July 2016, Published under Cement News

LafargeHolcim aims to sell its operations in Sri Lanka, which consists of one integrated works, a grinding centre and a bagging plant.  Its cement production in 2015 amounted to 1.7Mt, generating a turnover of US$158m.  Three local companies are thought to be potentially interested along with some foreign companies, notably Chinese. Ambuja Cement is to increase the capacity of its grinding centre at Rupnagar, Punjab by 0.9Mta to 3.4Mta. 

Indonesia: Semen Indonesia looks to international markets

21 June 2016, Published under Cement News

Amid prospects of disappointing revenue growth in the domestic market, Semen Indonesia is looking offshore to expand its sales figures. Newly appointed head of PT Semen Indonesia, Rizkan Chandra has said that he wants to raise the company’s sales outside of Indonesia from 5.2 per cent of revenue in 2015 to 10-15 per cent over the next three years. In an interview Mr Chandra said operations may expand into Bangladesh, Sri Lanka and the Maldives, with operations already present in Vietnam.  ...

Sri Lanka: LafargeHolcim to exit market

03 June 2016, Published under Cement News

LafargeHolcim is to sell its operations in Sri Lanka - a bagging plant, a grinding plant and the island's only integrated facility - as part of its wider divestment strategy, EconomyNext reports. At least three local firms are though to be interested in bidding for Holcim Lanka, which generated 1.7Mt of sales in 2015 with revenues of LKR23.4bn (US$158m).

Sri Lanka: AFKO group may revive KKS plant

03 June 2016, Published under Cement News

AFKO Group GMEX has expressed interest in reopening the Kankesanthurai (KKS) cement plant in the Northern Province of Sri Lanka, according to the country’s Industry and Commerce Ministry.  “We are keen to partner in the Kankesanthurai Cement Project and are ready to enter with US$450m as a start. We shall also bring in all the necessary machineries and technology and can start from scratch,” AFKO Chairman, Keun Young Lee said. He added, “We are not limited to KKS. We are keen about cement...

Sri Lanka: Holcim Lanka inaugurates new transport model

11 May 2016, Published under Cement News

LafargeHolcim subsidiary Holcim Lanka has begun operations of a new ship-to-rail road hybrid model for the transportation of its raw materials. The state railway will transport Holcim cement related raw materials by rail from the Eastern port of Trincomalee to the Mahawa railway station where the company's dedicated trucks will then transport the materials to the Puttalam Cement Works Plant. Holcim Lanka Procurement and Logistics Director, Charith Wijendra, said: "It is critical we pro...

Sri Lanka: Kankasanthurai Cement Factory to reopen

28 April 2016, Published under Cement News

The Kankasanthurai Cement Factory (KCF) in Sri Lanka is to be reopened following its closure some years back due to unrest in the north of the country. Previously, UAE-based Ras Al Khaimah Cement Co expressed interest in reviving the Kankesanthurai Cement Factory with a US$100m investment. In 2011-12 a high-level decision was taken to amalgamate Sri Lanka Cement Corporation (SLCC) with Lanka Cement Ltd (LCL). Both companies planned to resume bagging operations at Kankesanthuraid. Minist...

Tokyo Cement recommences clinker imports from Japan

18 March 2016, Published under Cement News

Sri-Lanka based Tokyo Cement Group has recommenced clinker imports from Japan for the exclusive use in its ‘NIPPON-PRO’ cement. Dashantha Udawatte, Group Marketing Manager at Tokyo Cement told Lanka Business Online: “We at Tokyo Cement having identified the demand for a high performance cement tied up with a leading Japanese manufacturer to import clinker with high specifications. Tokyo Cement recently launched the NIPPON-PRO brand to meet the demand of Class 1 contractors who have undertak...

Sri Lanka: Tokyo Cement launches skyscraping brand

18 November 2015, Published under Cement News

Tokyo Cement Group has launched its Nippon Cement-Pro brand. This is a new brand of high-performance cement specially formulated for high-rise buildings/skyscrapers and large-scale projects that require high quality and ultra-strong concrete. With buildings that require more than 30 floors becoming a norm as a result of Sri Lanka's expanding economy, Nippon Cement Pro, offers contractors, city developers and consultants who are constructing condominiums, hotels and city centres, a high-str...

Lafarge Mahaweli Cement celebrates four consecutive years of zero LTI

03 November 2015, Published under Cement News

Sri-Lanka based Lafarge Mahaweli Cement celebrated four consecutive years of zero lost time injuries (LTI) with a special event for employees. The company attributed this victory to the global best practices in health and safety, which has been made a core practice for all their employees and contractors. Congratulating its employees and contractors who helped Lafarge in its health and safety journey, Anurag Kak, Managing Director of Lafarge Mahaweli Cement, said: "This victory comes with...

Sri Lanka: Holcim village inaugurated by President

22 September 2015, Published under Cement News

Sri Lanka's President Maitripala Sirisena inaugurated Holcim Village in Akmeemana, Galle, this week. The initiative was constructed and conceived by Holcim under its Sustainable Development Project and following its pledge for Livable Communities. Akmeemana Holcim village consists of 14 households and is the fourth settlement of its kind. The project cost the firm LKR14m (US$99,971). The Galle project has been constructed following similar projects in Medirigiriya, Eluwankulama and Puttal...