Cement News tagged under: expansion
JSW Cement Ltd plots 20Mta capacity by 2019 with IPO17 October 2017, Published under Cement NewsJSW Cement Ltd signalled its intention to expand capacity to 20Mta from its current 12.5Mta and launch an initial public offering (IPO) sometime after the 2019 general election, the company's Managing Director, Parth Jindal, said on Monday. Mr Jindal said that the capital raised through the IPO will be used to further expand capacity as the company aims to be one of the top three cement manufacturers in the country. The capacity expansion will be implemented by setting up a new 1.2Mta ... |
Cementos Avellaneda will raise capacity at its La Calera plant by 201903 October 2017, Published under Cement NewsCementos Avellaneda will increase its production capacity at its La Calera (San Luis) cement plant by 0.7Mta from 0.3Mta to 1Mta with an investment of US$200m by 2019. In addition, the company is currently invest some US$30m at its Olavarría (Buenos Aires) plant where it has been increasing the cement production capacity by 0.3Mta with start-up expected before the end of 2017. Cementos Avellaneda also plans to make other investments aimed at improving productive infrastructure, its logisti... |
Vietnam's Long Son Line 2 enters operation08 September 2017, Published under Cement NewsLong Son Co Ltd has successfully brought its second production line of its Long Son cement plant in Thanh Hoa, into production, raising the plant’s capacity to 14,000tpd (5Mta). Located in Dong Son, in the town of Bim Son, the works counts as one of the country’s largest cement works, according to Viet Nam News. |
Star Cement looking to increase capacity05 September 2017, Published under Cement NewsStar Cement is reportedly looking to expand its clinker and cement capacity in India by investing in greenfield and brownfield projects. The Century Plyboards (India) Ltd subsidiary is planning to set up 1.5-2Mta cement grinding unit at Siliguri in West Bengal and aims to double its clinker manufacturing capacity at Lumshnong in Meghalaya to 5Mta in the next three years, according to local press. While its greenfield cement grinding unit will entail an investment of INR200-300 crore, the e... |
Kohat seeks environmental clearance for expansion project29 August 2017, Published under Cement NewsKohat Cement Company is seeking environmental clearance for the construction of 7800tpd in additional capacity at its plant in Kohat, northern Pakistan. The Environmental Protection Agency (EPA) of Khyber Pakhtunkhwa province has received the application from Kohat Cement, according to local sources. Comments in favour or against the environmental approval of the said project are invited to be submitted to the EPA's director general within a period of 30 days from the date of issuance of... |
Maple Leaf issues right share to finance expansion16 August 2017, Published under Cement NewsMaple Leaf Cement Factory Ltd will issue a right share to partially finance a 7300tpd clinker production line at Daud Khel in Iskanderabad, Mianwali, Pakistan. According to a statement to the Pakistan Stock Exchange, Maple Leaf's Board of Directors has recommended an issuance of 12.5 per cent right shares by offering 65,966,740 right shares to existing ordinary shareholders a price of PKR65/share (including a premium of PKR55/per share) in proportion of 12.50 right shares for every 100 ord... |
Dangote Cement's pan-African expansion boosts financial strength21 July 2017, Published under Cement NewsDangote Cement's strategy of rapid capacity build across Africa with prudent financial management has led the company to recently be recognised for its financial strength. The next wave of development sees Dangote almost doubling capacity, further consolidating its position as sub-Saharan Africa's leading cement supplier. Earlier this month two global rating agencies, Moody's Investors Service and Global Credit Ratings (GCR), rated Dangote Cement positively for its financial strength and co... |
LafargeHolcim03 July 2017, Published under Cement NewsLafargeHolcim is expanding its construction materials operations in the Middle East and Africa by launching the ‘Binastore’ brand in Algeria, Cameroon, Iraq and Lebanon. Other markets where the group is active are to follow. The outlets will be in the range of 50-200m² as well as some mobile stores in more rural areas. |
Votorantim Cimentos to inaugurate Sivas plant03 July 2017, Published under Cement NewsVotorantim Cimentos is to inaugurate its cement works in Sivas, Turkey, as part of its drive for geographic diversification. International operations account for 40 per cent of its revenues, a share that is expected to grow next year as the expansion of the Charlevoix (MI), USA, works comes online. ‘Geographic diversification works as a "hedge," which compensates for the situation we're going through in Brazil,’ said company president, Walter Dissinger. Therefore, it is expected that ... |
Tula project major milestones28 June 2017, Published under Cement NewsIn May 2015 Cementos Fortaleza SA de CV awarded Fives with an EPC contract for the design, supply, erection and commissioning of a new complete 3300tpd production line to be installed in its existing Tula cement plant, in Mexico. The project features Fives’ latest technologies in terms of energy savings and environmental footprint: - FCB kiln, FCB Zero-NOx precalciner, FCB preheater and Pillard NovaFlam® burner for the burning line - FCB Horomill® and associated FCB TSV™ classifiers f... |