Cement News tagged under: capacity
Open for business29 August 2017, Published under Cement NewsSouth America has been hit by the global economic slowdown, although some countries are showing signs of recovery. Much of the region has a huge infrastructure gap to close, leading to the arrival of a number of new foreign players to the region’s cement market and numerous capacity expansion projects at existing facilities. Following subdued economic growth, most South American countries are seeing an improvement in their fortunes, although for some, such as Chile, a recovery may... |
Exshaw’s epic expansion24 May 2017, Published under Cement NewsThis year’s IEEE plant tour will be held at the Lafarge Canada Exshaw Plant, a member of LafargeHolcim. The cement works recently completed a major upgrade, which saw the facility not only increase production capacity by 60 per cent, but also improve plant efficiency and reduce emissions. The project included the installation of a new kiln. By ICR Research, UK, Lafarge Canada Exshaw Plant, Canada, KHD Humboldt Wedag and Gebr Pfeiffer Inc, USA. The IEEE plant tour will be conducted at ... |
Cementos Argos27 February 2017, Published under Cement NewsCementos Argos has officially opened its new 0.3Mta grinding plant in San Lorenzo, Honduras. The plant, which was formerly known as the Cesur grinding station, was purchased from Lafarge in 2013. Having undergone a US$25m upgrade, the San Lorenzo works has boosted Cementos Argos’ cement production capacity in the country by 30 per cent to 1.3Mta. The company also operates an integrated plant in Comayagua and a terminal in San Pedro Sula. According to Argos, the plant, which was opened... |
ARM cement plans Kenya capacity boost23 February 2017, Published under Cement NewsKenya's ARM Cement plans to expand its grinding capacity at its Athi River plant in Kenya to add 0.5Mta of cement to the company's production. "We are completing a grinding plant expansion in Athi River which will give us an additional 500,000 tonnes of cement in the next 12 to 14 months," ARM’s Managing Director, Pradeep Paunrana said. While he did not disclose the value of the project he said it was funded by internal resources. The extra capacity will increase the use of clinker pr... |
PT Indocement27 September 2016, Published under Cement NewsPT Indocement’s new line in Citeureup is one of three new projects that will see Indonesia’s cement production capacity hit 92Mta by early next year and reach 100Mta by 2018, according to recent figures from the Indonesian Cement Association (ASI). Despite concerns regarding oversupply, August 2016 saw Indonesia’s cement sales jump by almost nine per cent YoY to 5.97Mt, driven by a surge in infrastructure projects. The increased demand is being attributed not only to previously-delayed co... |
Banco Santander: positive outlook for Mexican cement companies07 September 2016, Published under Cement NewsBanco Santander analysts have upgraded their forecast on share prices of two key Mexican cement producers. The bank expects the company’s share price to rise 8.5 per cent in the next 12 months to MXN17.10/share. For Elementia, the share price would advance by 24.5 per cent in 2017 to MXN28/share. The bank said the share price increases were supported by a rise in cement prices by the companies. Cemex is expected to raise its prices by 18 per cent while Elementia would see a 25 per cent adv... |
Ecuador: a challenging recovery03 August 2016, Published under Cement NewsWith severe earthquakes, massive debts and low crude oil prices, Ecuador’s way ahead appears uncertain. The country’s future is dependent on the outcome of the 2017 elections and a recovery in oil prices to get the economy moving again in the right direction under positive leadership. By Rob Roy, ROI Consulting, USA. Ecuador faces an uncertain future, but next year's presidential elections may provide the potential for change Ecuadorian cement consumption is expected to decline ... |
Pakistan prepares for positive future18 May 2016, Published under Cement NewsThe outlook for the Pakistan cement industry is positive with expansion expected over the next few years. Key reasons include improved sector fundamentals backed by higher demand, cost efficiencies driven by lower international coal prices and captive power generation reducing energy costs, capacity expansions and low to minimal risk of cement price destabilisation. As a result, cement demand is forecast to grow at least eight per cent over the next five years (FY16-21) on the back of an ave... |
Holcim Indonesia expects capacity up 12% in 201604 May 2016, Published under Cement NewsFollowing the acquisition of PT Lafarge Cement Indonesia, Holcim Indonesia increased its domestic production capacity by 1.6Mta to 15Mta, the company said in a statement. In addition, the cement producer’s 1.7Mta Tuban 2 cement plant is expected to be operational for its first full year in 2016 after coming online in August last year. Most of Holcim Indonesia’s production is sold in West Java, Jakarta and Banten, but the acquisition of Lafarge Cement Indonesia and the new works at Tub... |
Can China bounce back?28 April 2016, Published under Cement NewsAhead of the 17th China International Cement Industry Exhibition, which is due to take place in Nanjing, China, on 12-14 May 2016, this article presents an update on important recent developments in terms of domestic cement consumption trends and the pricing environment. Efforts to cut excessive capacity and promote industry consolidation also remain central themes. By Addison Dai, DBS Vickers, Hong Kong. Nanjing will be the setting for the 17th China International Cement Industry Ex... |