Cement News tagged under: capacity expansion
Cimburkina inaugurates second mill at Kossodo20 June 2019, Published under Cement NewsCimburkina, part of HeidelbergCement, inaugurated its second grinding unit on 18 June at its Kossodo plant in Ouagadougou, under the patronage of Prime Minister Christophe Joseph Marie Dabiré and Burkina Faso’s Head of State, Mogho Naba Baongo. The ceremony took place in the presence of the country’s Minister of Commerce, Industry and Handicrafts, harouna Kaboré. The project includes a 150tph mill, a new 2000t limestone silo and a new bagging unit with a capacity of 120tph. T he first ston... |
Shree Cement sees 14% revenue increase and plans new capacity20 May 2019, Published under Cement NewsIndia’s Shree Cement has announced a 19.6 per cent YoY fall in net profit to INR3.21bn (US$46.18m) for the 4QFY18-19. However, revenue increased 14.2 per cent to INR33.29bn from INR29.15bn. The company’s cement segment recorded a 16.9 per cent increase in revenue to INR32.84bn from INR28.11bn. Meanwhile, the company has also announced plans to add 3Mta of grinding capacity to its unit in Pune, Maharashtra. The project is expected to be completed by September 2020 and represents an invest... |
Kazakhstan: staking a claim23 April 2019, Published under Cement NewsWhile Kazakstan’s cement demand fell in 2018, the future holds the promise of an expanding domestic market and increasing export sales. Therefore, domestic cement producers are expanding capacity while new entrants stake a claim to future cement market growth. By Joseph F Govreau, Industrial Info Resources, USA. With ambitious infrastructure development programmes and a robust residential construction market, Kazakh cement producers are expected to enjoy rising cement demand in the... |
MI Cement to raise debt for Bangladeshi grinding unit19 April 2019, Published under Cement NewsMI Cement Factory Ltd is expected to raise foreign currency loans from HSBC and Standard Chartered Bank to finance its sixth line at its West Mukterpur, Munshiganj district of Bangladesh, according to the company’s Senior General Manager, Mozharul Islam. The US$70m project will add 8400tpd of grinding capacity to the site’s current capacity of 19,400tpd. Commercial production at the new unit is scheduled to start in January 2021. |
Cemex Holding Philippines plans SRO08 April 2019, Published under Cement NewsCemex Holdings Philippines Inc plans to increase its capital stock by more than triple to raise finds through a potential stocks rights offering (SRO). "Cemex Holdings became one of the most actively-traded stock (last week) after it disclosed its plan to increase its authorised capital to enable itself to raise finds via SROs or other fund-raising option," said Jervin S de Celis of Timson Securities. Cemex is aiming to raise up to US$250m to improve its capital structure, provide flexibil... |
Libya Cement Co launches EUR200m investment programme18 March 2019, Published under Cement NewsLibya Cement Co (CC) has announced an investment programme of EUR200m to be carried out over the next five years to increase its cement capacity. The investment will cover a mixture of new and upgraded facilities that will raise the company's production capacity by more than 50 per cent from around 2Mta to over 3Mta of cement. Financing for the project is close to being in place, the LCC says, with the Central Bank of Libya (CBL), major banks and funds, and other interested parties having b... |
LafargeHolcim04 March 2019, Published under Cement NewsLafargeHolcim’s Indian subsidiary ACC Ltd reported an 8.5 per cent rise in cement deliveries in 2018 to 28.4Mt and in the fourth quarter the advance was 8.7 per cent to 7.5Mt. Cement capacity increased by 5.9Mta thanks to a new greenfield operation in Madhya Pradesh and a new grinding plant in Uttar Pradesh as well as expansions to the plants in Tikaria and Sindri. Ready-mixed concrete deliveries improved by 16.6 per cent to 3.16Mt in the year, helped by the commissioning of 18 new plants du... |
KCP starts commercial production at Muktyala II18 February 2019, Published under Cement NewsIndia-based KCP has started commercial production on the second line of its plant in Muktyala, Andhra Pradesh, according to the company’s notification to the Bombay Stock Exchange. Some minor work such as the packing facilities of the 1.66Mta cement works remains outstanding but the company expects to complete this in about two months’ time. The latest addition takes the total capacity of KCP to 4.3Mta. In addition, the company is further expanding its capacity with a 0.5Mta grinding uni... |
JSW Cement completes Dolvi expansion13 February 2019, Published under Cement NewsIndia’s JSW Cement has announced the completion of its expansion project at its plant in Dolvi, Maharashtra. The project has increased capacity from 1Mta to 2.2Mta, thereby lifting the company’s installed capacity to 12.6Mta. "Our Dolvi cement unit is located closest to our customers in Maharashtra thereby ensuring that all their requirements are serviced quickly and with the freshest quality cement. It enables us to become an integral part of state's infrastructure growth story," said Part... |
JSW Cement announces Salboni expansion05 February 2019, Published under Cement NewsIndia’s JSW Cement has announced plans to increase the capacity of its unit in Salboni, West Bengal, from 2.4Mta to 3.6Mta. Only commissioned in January 2018, the company has stated that the facility has already become an integral part of its growth in the eastern region of the country. "Over the last year we have catered to the requirements of all our customers in West Bengal, Jharkhand, Bihar and Odisha through our manufacturing unit in Salboni. Our plans to expand capacity in Salboni ... |