Cement News tagged under: capital expenditure

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The India Cements Ltd may put capex plans on hold

12 November 2019, Published under Cement News

The India Cements Ltd said it may need to put its capital expenditure plans on the backburner if the current economic slowdown persists, reports The Times of India. "We may hold back capital expenditure," said N Srinivasan, The India Cements Ltd’s vice chairman and MD. "I want to expand. I want to go there (Madhya Pradesh). But, I want to be sure before I go there," he added. The southern Indian-based cement producer’s plans include a greenfield cement plant in Madhya Pradesh and a grindi...

Eurocement to modernise two Leningrad works

16 February 2018, Published under Cement News

Eurocement Group will invest RUB2.2bn (US$37.7m) in the modernisation of two cement plants in the Leningrad region, Russia. Pikalyovskiy Cement will see investment of RUB1bn as it receives new milling equipment and one of the two grinding lines will be converted to a closed-circuit set-up. This will enable the works to increase the output of premium cement, lower production costs and reduce air emissions.  At the Peterburg cement works Eurocement will built a gas-fired thermal power p...

Caribbean Cement plans 2-year maintenance programme

16 February 2018, Published under Cement News

Following a challenging 2017, Jamaican cement producer Caribbean Cement expects to roll out a two-year maintenance programme that includes a programme of reinvestment in the Rockfort plant near Kingston. "After defining 2017 as a year of transition, the board of directors is now focused on consolidation of ongoing initiatives in health and safety, and roll-out of a two-year maintenance plan to ensure improved production performance and cement output," said the statement signed by Chairman ...

Capex vs opex

19 June 2017, Published under Cement News

In the last year the moderator has been reviewing numerous existing cement facilities and proposals for new cement plants or production lines. In this process, compromises have to be made between the conflicting objectives of minimising the capital expenditure (capex) to establish a cement factory while minimising the operating expenditure (opex) when running the cement factory. The need for the fastest-possible return on investment can lead to cement producers focussing excessivel...

Buzzi Unicem

06 December 2012, Published under Cement News

Buzzi Unicem's turnover for the first nine months was up by 1.7% to €2,146.3m and the EBITDA increased by 11.7% to €368.7m. The trading profit rose by 29.6% to €198.9m and net financial charges increased by 25.1% to €85.3m. After an 89.3% higher contribution from associates, the pre-tax profit rose by 33.5% to €116.8m. With charges for tax and for minorities increasing more slowly than the pre-tax profit, the net attributable profit jumped by 49.6% to €57.7m. Net debt at the end of Septembe...

Lafarge: July '12

03 August 2012, Published under Cement News

Lafarge's 1H turnover increased by an underlying 4.9 per cent to €7614m and the EBITDA rose by 7.8 per cent to €1523m, while the trading profit increased by 14.7 per cent to €1022m. A lower €46m gain was taken on the sale of emission permits in the period. The net attributable profit, after charging restructuring costs and writing €200m off the assets in Greece, tumbled 95 per cent to €13m. Net debt at the end of June was 12 per cent lower at €12,550m and the gearing increased slightly from...