Cement News tagged under: capacity expansion
Udaipur Cement Works inaugurates Dabok cement mill19 April 2024, Published under Cement NewsUdaipur Cement Works Ltd (UCWL) , part of JK Lakshmi Cement Ltd , has inaugurated cement mill IV at its Dabok plant in Udaipur, Rajasthan, India. The new mill increases cement capacity at the integrated plant from 2.2Mta to 4.7Mta and is expected to improve efficiency, productivity and product quality. In addition, the mill includes measures to minimise its environmental impact. Shrivats Singhania, UCWL director and CEO, said, “This expansion not only strengthens our position in the cem... |
Medcem’s global expansion11 March 2024, Published under Cement NewsTurkey’s Medcem has invested in both its production facility and export capability with a view to expand its reach on a global scale. ICR chats to Mehmet Ali Ceylan, CEO, Medcem about the company’s plans to establish an international terminal network and what steps it is taking to decarbonise its operations. Mehmet Ali Ceylan, CEO of Medcem, speaks with ICR about the company’s plans to build an international terminal network while decarbonising its operations (© Medcem) ... |
Holcim to invest US$55m in Tabasco mill15 February 2024, Published under Cement NewsHolcim Mexico plans to invest US$55m in the construction of a new grinding mill at its plant in Macuspana , Tabasco, Mexico. The new mill will increase cement capacity at the facility to 1.5Mta. This investment in Tabasco reflects our firm belief in the potential of southeastern Mexico and our commitment to the sustainable development of the region," said Jaime Hill, Holcim Mexico's CEO, in a statement. "Through this expansion, we will not only increase our capacity to supply the state... |
JK Lakshmi Cement to invest INR2.25bn in Surat expansion06 November 2023, Published under Cement NewsJK Lakshmi Cement announced it will be spending INR2.25bn (US$27m) to expand its Surat plant in Gujarat, India. Cement capacity at the plant will be increased by 1.35Mta by setting up an additional grinding unit, the company said. The project is expected to be completed within two years and will see the doubling of existing capacity. It will be financed through a mix of term loans and internal accruals. |
Siam City Cement posts 1Q23 revenue of THB1188m in Vietnam26 July 2023, Published under Cement NewsThailand-based Siam City Cement Co (SCCC) has posted a revenue of THB1188m (US$34.5m) from its Siam City Cement Vietnam business in Vietnam in the first quarter of 2023. This represents a 33.6 per cent YoY drop. EBITDA of the Vietnamese operations was -THB52m in the 1Q23, compared with THB371m in the 1Q22. As a result, the EBITDA margin declined from 20.7 per cent in the 1Q22 to -4.4 in the 1Q23. However, signs of recovery have been seen, according to the company, with moderate growt... |
Shree Cement commissions Purulia plant03 July 2023, Published under Cement NewsShree Cement announced the completion of its INR5.5bn greenfield cement plant in Purulia, Bengal, India. The 3Mta cement plant is its first production facility in Bengal and has started trial production on 30 June 2023. Entirely financed by internal acrruals, the Purulia works will serve the growing cement demand in Bengal and Jharkand markets, according to Neeraj Akhouri, Shree Cement’s MD. The project has increased the company’s cement capacity to approximately 50Mta across 15 plants... |
Derba Cement to expand capacity to 15,000tpd26 June 2023, Published under Cement NewsEthiopia-based Derba Midroc Cement , part of the Midroc Ethiopia plc , plans to expand its cement capacity to double its daily production to 15,000tpd with a new plant in Mughar Valley, Oromia – not far from its existing plant. When completed, the producer will be the largest cement producer in Ethiopia. To implement the project, Derba looks to sign an agreement with China National Building Materials (CNBM) this week. Prior attempts to expand the production capacity in 2017 were const... |
Bamburi Cement to consider expansion despite macroeconomy19 June 2023, Published under Cement NewsBamburi Cement PLC ( Holcim group ) held its 72nd Annual General Meeting in Nairobi on 15 June, chaired by the Board and Management, which included Chairman Dr John Simba, Group Managing Director Mohit Kapoor, and Group Chief Financial Officer Eugene Antera. According to Mr Kapoor, "Kenya's macroeconomic situation is challenging due to inflation, currency devaluation, an uncertain tax environment, and restricted liquidity. “High power costs continue to be an issue and as a ... |
Shiva Cement inaugurates Sundergarh mill19 June 2023, Published under Cement NewsIndia-based Shiva Cement , part of JSW Cement , has inaugurated its new cement plant in Sundergarh, Odisha. The new plant has an overall capacity of 1.05Mta as well as an additional 0.27Mta of cement capacity. Parent company, JSW Cement, announced plans to increase its installed capacity to 25Mta, up 47 per cent, in October 2022. |
Bekabadcement carries out plant modernisation08 June 2023, Published under Cement NewsUnited Cement Group (UCG) is undergoing a large-scale modernisation of its JSC Bekabadcement plant to transform it into a modern high-tech plant. Since the start of the modernisation, the plant has installed modern Unitherm burners, equipped all heat exchangers with new components from CNBM Beijing Triumph, connected a new fourth-generation cooler KC 4.1-0955 from BTIEC and re-launched a rotary kiln with a new lining. One of the stages of the modernisation is an overhaul of the we... |