Cement News tagged under: capacity expansion

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Anhui Conch

29 September 2015, Published under Cement News

The first half of 2015 has seen revenue at Anhui Conch fall by 15.8 per cent to CNY24.2bn (US$3.8bn), driven by a 16.44 per cent decline in cement price, a slowdown in demand and oversupply of the market. The company’s market share, however, nudged up by one per cent to 11 per cent, compare to 1H14. Over the six-month period, the company sold 115Mt of clinker and cement, representing YoY growth of 1.6 per cent. East China took the lion’s share of sales with 29.23 per cent, followed by Cen...

UltraTech Cement

29 September 2015, Published under Cement News

UltraTech’s Awarpur plant in Maharasthra has been given Environment Ministry clearance to expand its capacity. The proposal will see cement capacity rise from 4.48Mta to 6Mta and clinker potential from 3.3Mta to 4.5Mta. Although the expansion will be carried out within the existing plant area, an additional 5.1MW of power is expected to be required. The company has been asked to comply with certain conditions as part of the expansion plan including installing air monitoring devices to kee...

Venezuela: Trujillo's line 2 construction makes steady progress

28 September 2015, Published under Cement News

The construction of the second line at the Trujillo plant of Venezuela’s Cemento Andino has progressed to 35.1 per cent, according to the president of Corporación Socialista del Cemento. "The growth we are experiencing today will have a major impact on the development not only of Trujillo, but of Venezuela. With this new line, the cement production capacity of this subsidiary will triple, to place it in third place production of the country, "he said. The project represents an investme...

Ecuador: Ucem to invest US$230m in new clinker plant

24 September 2015, Published under Cement News

Ecuador’s Unión Cementera Nacional (Ucem) has signed a contract with Peru’s Casaracra and the Ministry of Production, Employment and Competition to build a new clinker plant in Riobamba, Chimborazo. Casaracra will invest US$230m. "This investment will replace imports of the value of US$250m over the next 10 years," said Ecuadorian Vice President, Jorge Glas, at the signing ceremony. The new plant is scheduled for commissioning in 30 months’ time.

GCC to invest US$90m in US plant

10 September 2015, Published under Cement News

Grupo Cementos de Chihuahua (GCC) will invest up to US$90m in the next two years to increase capacity at one of its three US plants, while assessing further acquisition opportunities, according to Luis Carlos Arias, finance director of GCC. The investment will enable GCC to nearly double capacity at its South Dakota works. The facility currently has a production capacity of 0.7Mta, which is expected to increase to 1.2Mta upon completion of the project. GCC has a global production capa...

Egypt: South Valley Cement to double capacity

03 September 2015, Published under Cement News

Tamer Abdel Rahman, investor relations manager of South Valley Cement, said that the company intends to double its production capacity to 3.2Mta. He added that the intended increase is supported by two new cement mills under construction, Alborsa newspaper reported. Simon CDI is building the new line which will have a cement capacity of 1.7Mta. The new capacity is due to come on-stream in 2017.

Cemex

02 September 2015, Published under Cement News

Cemex has agreed two separate disposals of operations in Austria and Hungary to the Rohrdorfer Group. It is anticipated that these deals will be concluded during 4Q15. Firstly, it will receive EUR160.1m from subsidiaries of Südbayerisches Portland-Zementwerk Gebr Wiesböck & Co GmbH, Rohrdorf, for 24 sand and gravel plants and 34 ready-mixed concrete batching plants in Austria as well as five sand and gravel plants, 34 ready-mixed concrete batching plants and four road stone plants in Hung...

Mexico to maintain momentum?

10 August 2015, Published under Cement News

Mexican cement demand reached a turning point in the third quarter of last year and recent statistics appear to be pointing to a material increase in construction activity. The domestic cement industry is now bouncing along nicely thanks to better utilisation and higher pricing, but with new capacity set to enter the market, for how long can this momentum be maintained? By Francisco Suarez & Ramón Obeso, Scotiabank Inverlat SA, Mexico. The real estate sector leads Mexico’s constructio...

Cementos Molins appoints new CEO

06 July 2015, Published under Cement News

Cements Molins has appointed a new CEO, Julio Rodríguez. Mr Rodríguez worked formerly at Schneider Electric and is since 1 July the first CEO outside the Molins family. He is expected to continue the overseas expansion of Cementos Molins. "If there is something we should do, it is to continue the growth plan. With new ideas, new investments, we'll see where, but with the growth plan." Despite the pick-up in its home market of Spain, Cementos Molins is centring its investment in Latin Americ...

China National Building Materials (CNBM)

29 June 2015, Published under Cement News

Production is due to get underway in December this year at Southern Province Cement’s second Bishah line, as supplied by China National Building Materials (CNBM). The line has been built at a total cost of SAR713m (US$190m) to help meet growing demand in Saudi Arabia. The Bishah plant currently has a production capacity of 5200tpd, but the new line will add an additional clinker capacity of 5200tpd once up and running. The deal for the new line was signed in 4Q13 and was financed by a com...