Cement News tagged under: capacity expansion
PPC26 March 2018, Published under Cement NewsThe Reserve Bank of Zimbabwe has agreed to grant PPC Zimbabwe an export incentive above the usual five per cent. The company applied for the incentive following a drop in its exports from 0.1Mta in 2014-15 to zero on the back of currency depreciations against the US dollar. According to Kelibone Masiyane, managing director, PPC, the company will now resume exports but at variable costs so will not fully recover its absorbed costs. The bottom line will be to get US dollars to pay for the raw ... |
Third line finance for Ciments du Sahel23 March 2018, Published under Cement NewsThe West African Development Bank has approved a XOF25bn loan to help fund a third production line at Ciments du Sahel’s plant in Kirène, near Rufisque, Senegal. The new integrated line will have a capacity of 2.7Mta and increase current capacity at the plant to 5.9Mta. Currently, Dangote Industries Senegal is building a 1.5Mta expansion at its 1.5Mta Pout works. When both projects come to fruition, Senegal’s total cement capacity will rise to 12.4Mta. Domestic cement demand is ex... |
Cementos del Norte invests HNL700m in Choloma plant15 March 2018, Published under Cement NewsCementos del Norte (CENOSA) is investing HNL700m in its cement plant in Bijao community, Choloma. The investment will increase the works’ production capacity and storage as well as increase its ability to process alternative fuels in its kilns, according to Edwin Argueta, the company’s general manager. “We are installing a new cement mill with first-world technology to increase our grinding capacity, to deliver more product to the national and international market,” he added. The new mill... |
Kohat Cement profits fall by 25% in 1HFY17-1827 February 2018, Published under Cement NewsKohat Cement Co Ltd (KCCL) has announced a fall of 24.9 per cent in profit YoY for the half year ended 31 December 2017. KCCL reported a profit after tax of PKR1.644bn (US$4.6m) compared to PKR2.19bn (US$6m), earned in corresponding period last year. According to a notification of company to Pakistan Stock Exchange (PSX) on 26 February, its sales dropped by four per cent to PKR6.867bn from PKR7.164bn during this period. KCCL incurred a distribution cost of PKR68m against PKR71m in 1HFY1... |
Cimburkina lays first stone of second Kossodo mill05 February 2018, Published under Cement NewsHeidelbergCement-owned Cimburkina has officially laid the first stone of its second mill at its Kossodo plant in Ouagadougou, Burkina Faso, on 1 February. The 150tph mill will lift capacity at the site to 2Mta and represents an investment of XOF15bn (US$28.5m). The project will also see the construction of a 2000t silo and a new bagging line. |
New ECDE plant to open in June23 January 2018, Published under Cement NewsEntreprise des Ciments et Dérivés d’El Chellif’s (ECDE) is expected to commission its new plant at Chlef, Algeria, in June. The 2Mta works is an extension of the old unit and will increase the capacity from 2Mta to 4Mta. The first bag of cement will roll of the production line and is encouraging the company to look for export buyers. With port infrastructure available in the region, export sales are under serious consideration, according to Simane Tabache, CEO of ECDE. |
Pacific Cement Ltd completes upgrades to mill15 January 2018, Published under Cement NewsFiji's longest-running cement manufacturer, Pacific Cement Ltd, has completed major upgrades to its cement mill, according the Fiji Sun. The renovation of the mill means that it can now produce 25tph, an increase compared to the 20-22tph rate seen previously. Sowani Tuidrola, chief executive officer, Pacific Cement Limited, has said that he is confident that the company will be able to meet all local demand. The demand for cement in Fiji has started to increase after the conclusion of the ... |
New projects to take total Ugandan output to 6.8Mta08 January 2018, Published under Cement NewsA number of projects in Uganda are expected to commence operation this year, taking total cement production to 6.8Mta from 3.6Mta, reports Ugandan newspaper The Independent. Hima Cement’s new 1Mta facility in Tororo is expected to open in 1Q18 and will take the company’s overall capacity to 1.8Mta. Meanwhile, Tororo Cement is awaiting a capacity increase to 3Mta from 1.9Mta through a plant expansion. National Cement is also investing US$185m on a 1Mta plant in the same region, which is ex... |
Rise in cement consumption prompts expansion plans in Sri Lanka05 January 2018, Published under Cement NewsCement consumption in Sri Lanka increased by 25.3 per cent YoY in 2016, to 7.99Mt from 6.37Mt. While local cement production also rose by 17.8 per cent to 2.69Mt from 2.28Mt in 2015, imports increased 29.5 per cent to 5.29Mt from 4.09Mt in 2015. This growth in consumption has prompted an expansion plan by Tokyo Cement Company Lanka Plc. In 2017 the company invested over LKR7.3bn (US$47.6m) to increase domestic production by 1Mt. Although no time frame has been announced, the company is al... |
Pakistan receives a mixed outlook for 201803 January 2018, Published under Cement NewsPakistan’s cement industry is expected to face a series of challenges in 2018 such as decreasing profitability, high interest rates and an increase in coal prices. These factors make a high profit margin for the sector unlikely in the coming years. Reports show that cement bag prices have been placed under pressure by the opening of Cherat Cement’s second production line in the northern region. Alongside this, international coal prices rose by 23 per cent in the first quarter of FY2018 to... |