Cement News tagged under: expansion

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thyssenkrupp invests in Reno service centre

26 November 2020, Published under Cement News

thyssenkrupp Industrial Solutions (USA) Inc is investing in a new service centre in Reno, Nevada, to bring field service expertise, machining, fabrication and refurbishment capabilities closer to its cement and mining industry customers in North America and particularly in the western US. The new service centre will provide 994m 2 (10,700ft 2 ) of workshop space and will enable the company to provide local expertise with faster response and deliveries, strengthening thyssenkrupp Industri...

Long Son Cement to commission third line in December

11 November 2020, Published under Cement News

The third production line of Vietnam’s Long Son Cement, based in the central province of Thanh Hoa, is expected to be put into operation in December 2020, with a design capacity of 2.5Mta, according to Vietnam News. The construction of the line began in October 2019 and represents an investment of VND4trn (US$172.41m). Upon completion, the capacity of Long Son will reach 7Mta.

Kohat Cement Co announces US$21.67m expansion programme

27 October 2020, Published under Cement News

Kohat Cement Co Ltd (KOHC) in Pakistan announced a big expansion programme in the north of the country at an estimated cost of PKR3.5bn (US$21.67m). KOHC will implement three projects at the plant site in Kohat in  Khyber Pakhtunkhwa. The company is setting up a 16.2MW coal-fired boiler at an estimated cost of PKR1.04bn. This will result in energy cost savings and availability of other power sources, the company believes. KOHC is also to  undertake construction of a 6700tpd production l...

MI Cement Factory postpones expansion plan

12 October 2020, Published under Cement News

The MI Cement Factory Ld (MICFL) in Bangladesh informed the Dhaka Stock Exchange (DSE) on 11 October that the Board of Directors of the company, have approved the postponement of setting up the sixth cement unit in central Bangladesh. They cited as reason the severe negative impact of COVID-19 on the Bangladeshi cement industry. Earlier in January 2019, the company announced its plan to expand its daily production capacity by 76 per cent to 19,400t with the introduction of the sixth m...

Twiga Cement to increase cement capacity in Tanzania

14 August 2020, Published under Cement News

Twiga Cement's Head of Commercial Cluster East, South and Central Africa, Yves Mataigne, says the company will invest TZS34bn (US$14.6m) this year and TZS33bn (US$14.1m) in 2021 to support Tanzania's drive for infrastructure projects. "Implementation of the mega projects has made us rethink about our production capacity as we see an opportunity for growth," Mr Mataigne said. Twiga Cement (HeidelbergCement group) has invested TZS105bn over the last five years in modernising its operatio...

Ramco Cements aims to be debt-free in three years

14 August 2020, Published under Cement News

India’s Ramco Cements has announced plans to become debt-free in three years, while noting that FY20-21 will be a challenging year for the company. "While the initial few months were impacted by COVID-19 related lockdown, the remaining months would see slower pick up as majority of Government spending gets channelised towards healthcare and supporting weaker sections of society," said A V Dharmakrishnan, CEO. "Our priorities will be to efficiently market products and to become a debt-free ...

Birla Corp to expand Durgapur grinding unit

10 August 2020, Published under Cement News

India's Birla Corp, owned by MP Birla Group plans to expand the existing capacity of its grinding plant at West Bengal’s Durgapur by installing an INR725.7m (US$9.69m) cement grinding unit. The company said that the demand of premium slag-based cement in the eastern region is expected to be robust and therefore, it would require extra grinding capacity. "The board of directors of the company at their meeting held today approved the proposal to carry out the expansion of existing capacity of...

Eagle Cement Corp will pursue expansion plans

21 July 2020, Published under Cement News

Eagle Cement Corp will pursue its expansion plans despite the impact of the coronavirus pandemic. Expansion-related capital expenditures will continue while spending for non-critical projects and activities "will be trimmed," said Eagle president and CEO, Paul Ang. "Our strong financial position will allow us to weather this health crisis battering the economy without giving up major components of our expansion plans, which will secure our future growth," Mr Ang said. For this year, Eagl...

Raysut Cement targets east African expansion

02 July 2020, Published under Cement News

Oman's Raysut Cement plans a five-fold increase in its cement production capacity, says Joey Ghose, Raysut Cement's CEO. The expansion would see Raysut Cement increase production from 5Mta to 26Mta in the next few years. The expansion would be accomplished through a mixture of joint ventures, acquisitions and greenfield cement projects, added Ghose. Expenditure would amount to US$65-78m in the next two years. The main area for growth would be in east Africa where the company plans to add 1...

Turkmenistan ready to expand two cement plants

23 June 2020, Published under Cement News

The President of Turkmenistan, Gurbanguly Berdimuhamedov, has signed resolutions authorising the Ministry of Industry and Construction Production to finalise contracts for the second phase of construction on two cement plants. Both projects reportedly represent a brownfield expansion of 1Mta each. As such, the ministry has awarded Beýik-Bina Individual Enterprise the contract for the design and construction of the second stage of a cement plant in the Ahal region. A similar contract will ...