Cement News tagged under: expansion project

San Miguel Cement may double capacity at Davao plant14 February 2022, Published under Cement NewsSan Miguel Corp (SMC) said its affiliate Southern Concrete Industries Corp may look to double the manufacturing capacity of its new Davao cement plant . Southern Concrete Industries Corp, formerly Oro Cemento Industries Corp, is considering doubling its manufacturing capacity to 100m bags per year, it said in a disclosure to the stock exchange. SMC president and CEO, Ramon Ang, earlier said the increase in manufacturing capacity of Southern Concrete "will reduce the dependence... |
Fauji Group receives largest syndicated cement financing project04 January 2022, Published under Cement NewsPakistan's Fauji Group, parent company of Fauji Cement Co Ltd (FCCL) and Askari Cement Ltd (ACL), has announced the signing of PKR37.4bn (US$212.2m) syndicated term loan facilities for an expansion programme from a local banking consortium, led by Habib Bank Ltd (HBL). The facilities, which have a combined project cost of PKR60bn (including a debt component of PKR37.4bn), will be used to enhance the company's total production capacity to 10Mta, making it the second-largest cement produce... |
Loma Negra inaugurates second line08 December 2021, Published under Cement NewsLoma Negra (InterCement group) has inaugurated its new production line at the L'Amalí plant in Olavarría, Argentina. Together with national, provincial and municipal authorities, and the cement manufacturer’s customers and suppliers, the second production line of L'Amalí, the largest cement plant in South America, was inaugurated on 6 December 2021. Its incorporation allows the company to increase cement production capacity by 40 per cent and create more than 160 new direct jobs. |
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