Cement News tagged under: capacity expansion
PPC29 June 2016, Published under Cement NewsIn the six months ended 31 March, 2016, PPC saw its group revenue dip by one per cent to ZAR4.5bn (US$294.01m). Group EBITDA was up by two per cent to ZAR1.1bn with an EBITDA margin of 25.4 per cent, mainly due to improved efficiencies and cost savings as part of the company’s Profit Improvement Programme. The programme, which aims to deliver ZAR400m by 2017, generated ZAR178m in the six months in question, taking the running total to ZAR390m. According to the company, this has mainly been a... |
PT Semen Indonesia29 June 2016, Published under Cement NewsCement exports by Semen Indonesia (including Semen Padang and Semen Tonasa) fell by 21.3 per cent during May 2016 to 37,588t, compared to 47,751t in the same month last year, according to the Indonesian Cement Association. This took total exports for January-May to 133,497t, down by 27.5 per cent YoY. Domestic sales during May came in at 2.11Mt, up 6.7 per cent on the 1.98Mt recorded in May 2015. The January-May figure saw an increase of one per cent to 10.01Mt, compared to 9.91Mt in the sam... |
Cementos Argos29 June 2016, Published under Cement NewsA boom in infrastructure projects in Colombia is driving a flurry of activity among its cement producers to increase capacity and upgrade existing facilities. Among these is Cementos Argos, which is currently constructing a new 1.4Mta plant in Sogamoso, Boyaca. The company has also awarded a contract to KHD Humboldt Wedag for three Pyrojet burners for coal and gas firing at its Yumbo factory in Cali. The Pyrojet burner represents the latest in technology advances for KHD burners and will ... |
Tanga Cement to start new kiln30 May 2016, Published under Cement NewsA second kiln line is under construction at Tanga Cement Company Ltd (TCCL), Tanzania, which will increase clinker production capacity at the facility to 1.2Mta. The new line, which is to be commissioned soon, will have an annual clinker capacity of 700,000t and enable the company to displace more costly clinker imports. “We expect that by completion, the kiln that will cost some US$165m (TZS 363bn) and will help the company in saving the colossal amount of money spent in the importation o... |
PT Semen Indonesia25 May 2016, Published under Cement NewsSemen Indonesia has reported a five per cent YoY fall in revenue in the first three months of 2016 to IDR6021bn, due to a combination of lower volume and price. Over the same period, EBITDA declined by nine per cent to IDR1683bn, which was blamed on slow demand and increased competition. Pretax profit, meanwhile, contracted by 17.2 per cent to IDR1243bn. Total cement sales for the quarter, including Vietnam, came in at 6.43Mt, down 1.3 per cent YoY. Domestic sales accounted for 5.93Mt, repre... |
PT Indocement25 May 2016, Published under Cement NewsGovernment spending on infrastructure is expected to drive up cement demand in Indonesia in 2016, according to PT Indocement. Following consumption growth of 3.4 per cent in 2015, the company says that it forecasts sales to rise by 3-5 per cent this year. Along with a fall in interest rates, the government has pledged an infrastructure spend of IDR313.5trn (US$23.51bn) this year, up by eight per cent compared to 2015. In anticipation of the rise, PT Indocement is building a new 4.4Mta integr... |
Ambuja Cement adds 0.9Mta to Sankrail grinding unit25 May 2016, Published under Cement NewsIndia’s Ambuja Cement has added 0.9Mta of capacity to its Sankrail grinding unit near Kolkata. The INR3.38bn (US$50.2m) project was commissioned on 24 May 2016. As a result of the expansion, the plant’s current capacity now stands at 2.4Mta. The project included installation of 140tph Thyssenkrupp roller press, increasing the capacity of Cement Mill 1 to 235tph in combo grinding and two additional 240tph packers. Speaking on the occasion, Ajay Kapur, MD CEO Ambuja Cements said, "I am... |
India: Burnpur Cement to invest INR5bn in capacity expansion05 May 2016, Published under Cement NewsIndian cement producer Burnpur Cement plans to invest INR5bn (US$75m) to expand its production capacity to 3Mta by 2020. "Presently, our installed capacity stands at 0.6Mta and we are planning to enhance the capacity to 3Mta in the coming 3-4 years," said the company's vice chairman and managing director, Ashok Gutgutia. Burnpur Cement currently operates two 0.3Mta plants – one in Asansol, West Bengal, and the other in Patratu, Jharkhand. The company plans to build a 2Mta greenfield works ... |
Fancesa invites five overseas contracts to build new Sucre works05 May 2016, Published under Cement NewsBolivia’s Fábrica de Cemento Sucre SA (Fancesa) has invited five foreign equipment suppliers to take part in the bidding for the construction of its new plant in Sucre. “We have sent the invitations to European and Asian companies, in case of the Asian firms only to Japanese companies,” said Braulio Yucra, Fancesa director. Invited were Cemengal (Spain), FLSmidth (Denmark), Kawasaki (Japan), Krupp Polysius AG (Germany) and Grupo Faex (France). These now have 45 days to present their propos... |
Dangote: Nigeria’s currency woes will not alter expansion plans22 April 2016, Published under Cement NewsDangote Cement’s annual general meeting, held in Lagos, has seen Aliko Dangote set out his plans to grow the business despite worsening economic conditions, particularly in the company’s Nigerian base. According to reports in This Day, Mr Dangote claimed that foreign exchange volatility – a reference to the Nigerian government’s resistance to calls to devalue the naira – would have no significant impact on the company and its expansionary strategy. Addressing the AGM, Mr Dangote said: ... |