Cement News tagged under: capacity expansion
Cementos Molins appoints new CEO06 July 2015, Published under Cement NewsCements 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 NewsProduction 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... |
Cemex01 June 2015, Published under Cement NewsCemex has announced a US$300m investment in the Philippines, the principal element of which will be a new 1.5Mta integrated cement works at its Solid works on Luzon. This would double the capacity at this plant and represent an overall increase in the group’s Philippine production capacity of around one quarter. Earlier this month, Cemex Philippines officially inaugurated the latest expansion of its APO works on Cebu as well as two logistics centres at Visayas and at Mindanao. That represent... |
Votorantim01 June 2015, Published under Cement NewsVotorantim aims to treble the capacity of its Sivas cement works in Turkey to 1.8Mta at a cost of around EUR140. Work is about to start, with completion scheduled for 2017 and when completed will raise Sivas’ share of Votorantim’s Turkish capacity from 19 to 42 per cent. |
Dangote Cement01 June 2015, Published under Cement NewsDangote Cement has attributed its strong 1Q15 results to the arrival of its new African factories, improved gas supplies to its plants and the reallocation of production to tax-free facilities. The quarter saw revenue increase by 10.8 per cent to NGN114.7bn (US$576m) with gross profit advancing by a similar margin to NGN74.7bn. EBITDA grew by 13.9 per cent to NGN72bn, while cement volumes came in 3.4 per cent up at 3.8Mt. In Nigeria cement sales reached 3.1Mt during 1Q15, compared to 3.47... |
An expanding African portfolio12 May 2015, Published under Cement NewsWith a per capita cement consumption of just about 100kg and planned industrialisation and infrastructure development, sub-Saharan Africa is poised for important long-term growth. This high-growth potential has led HeidelbergCement to significantly invest in new capacity in the region, with a number of new completions under its wing. By HeidelbergCement, Germany. HeidelbergCement’s new Cimburkina cement grinding facility in Burkina Faso (pictured) and the Scantogo clinker plant in ... |
Brazil: future secured?11 May 2015, Published under Cement NewsThe expansion of Brazil’s cement production base continues unabated despite storm clouds gathering on the economic horizon. However, this Latin American giant still requires the construction of infrastructure and housing to support its national development and the future of the cement industry appears guaranteed. Cimento Portland Partipações (CPP) has plans for four new cement plants. Pictured is the São Luis works, completed in November 2014 by FLSmidth. CPP is now preparing the e... |
Mexico: Elementia plans 1.5Mta expansion06 May 2015, Published under Cement NewsMexico’s Elementia conglomerate announced it will invest US$250m to expand capacity at its Atotonilco de Tula plant in Hidalgo, operated by Cementos Fortaleza. Following completion of the project in 2017, the plant will have a capacity of 3.5Mta. In 1Q15, Elementia saw its revenues increase to MXN4070m, up 12 per cent YoY as its cement division registered 26 per cent growth. |
Oman Cement’s new mill on target for 4Q1501 May 2015, Published under Cement NewsThe installation of a new cement mill at the Rusayl complex of Oman Cement Company will be completed by the fourth quarter of this year, chairman of the board, Dr Abdullah Abbas Ahmed, told the Oman Daily Observer. The plant will increase production by an additional 150tph following the completion of the new expansion, he stated. The infrastructure supporting the cement silos and bulk dispatches is currently under installation, said Dr Abdullah Abbas Ahmed. In unaudited interim financial r... |
Cementos Argos29 April 2015, Published under Cement NewsWith the US government announcing a US$478bn spend on infrastructure projects over the next six years, Cementos Argos will be looking to further consolidate its position in the country. 2014 saw the company increase its cement production capacity in the US by 107 per cent YoY to become the second-largest cement producer in the southeastern US. It is reportedly already involved in more than 70 per cent of the infrastructure projects being carried out in the country as well as 60 per cent o... |