Cement News tagged under: expansion
Ramco Cements enhances Kolimigundla clinker capacity13 December 2023, Published under Cement NewsThe Ramco Cements Ltd (RCL) has increased clinker capacity at its Kolimigundla works in Andhra Pradesh, India, by debottlenecking its pyroprocessing system. The debottlenecking process has increased clinker capacity at cement plant by 0.65Mta to 3.15Mta, a company executive told local press. The Kolimigundla plant is now operating at full capacity. The official added that the expansion of the Odisha grinding unit from 0.9Mta to 1.8Mta is expected to be commissioned in January 202... |
Pioneer Cement still to decide on greenfield or brownfield expansion27 November 2023, Published under Cement NewsPioneer Cement has yet to select a green or brown option for expansion in the Punjab. Topline Securities hosted a corporate briefing session (CBS) for Pioneer Cement Co Ltd (PIOC) on 24 November, where PIOC group chairman, M Habibullah Kha, shared the company’s future outlook. The company’s management highlighted that PIOC had acquired a site at DG Khan for a greenfield project in southwestern Pakistan. However, preference would be given to put up additional lines at the current locati... |
Gharibwal Cement vows to continue the BMR project27 November 2023, Published under Cement NewsGharibwal Cement Ltd in Pakistan has arranged a corporate briefing session on the FY22-23 and 1QFY23-24. To recall, the company posted a profit after tax of PKR1.232bn (US$4.311m) in FY22-23 vis-à-vis PKR1.355bn in FY21-22. BMR Projects – existing line Top officials outlined the company's balancing, modernisation and replacement (BMR) programme at its 2.11Mta plant in Jehlum, Punjab. A 10MW solar plant is under negotiation with various vendors and a letter of credit (LC) facility is in ha... |
Oman Cement’s profits swell22 November 2023, Published under Cement NewsIn the first nine months of 2023, Oman Cement Co (SAOG) ( Hauxin Cement Group ) earned profit after tax of OMR7.355m (US$19.1m), compared to OMR4.638m in the corresponding period of the previous year, marking growth of 59 per cent YoY. According to the company, it has continued its efforts to overcome the adverse impact of the rise in prices of some major cost elements, and extensive efforts have been made in this direction in the current period, with better cost management and sustained e... |
Dandot Cement is still under BMR08 November 2023, Published under Cement NewsFor the quarter that ended 30 September 2023, Pakistan’s Dandot Cement Co Ltd incurred a loss of PKR69m (US$0.24m) as it remained under the modernisation phase and posted no revenue during the accounting period. No sales were reported. Dandot Cement Chairman, Muhammad Farooq Naseem, and CEO, Taha Muhammad Naseem, have optimistically reported that the company plans to come into production before the end of the calendar year 2023 with an emphasis on the balancing modernisation of replacem... |
Inauguration of Sokoto plant expansion by January 202403 November 2023, Published under Cement NewsBUA Cement has revealed its plan to inaugurate its Sokoto plant expansion by January 2024. Abdulsamad Rabiu, the Chairman of BUA Group , made this announcement during his visit to Governor Ahmad Aliyu in Sokoto this week. Mr Rabiu said that the company was diligently working to ensure the new plant, currently under construction in Sokoto state, Nigeria, would be ready for the inauguration. He informed the governor that during his meeting with President Bola Tinubu in Abuja he ... |
Campulung modernisation is completed23 October 2023, Published under Cement NewsKHD has successfully delivered upgrades to the pyroprocessing and cement grinding lines at Holcim Romania ’s Campulung cement plant . The project increases clinker production capacity at the plant and underlines KHD’s reputation as an expert and reliable partner for value-enhancing plant modernisation projects. “The Campulung project is a clear mark of confidence in our ability to design, engineer, and execute plant upgrade projects from one of the world’s largest cement producers,”... |
Seven Rings Cement used to build new airport terminal in Bangladesh10 October 2023, Published under Cement NewsSeven Circle Bangladesh Ltd of Bangladesh announced that it supplied 333,000t of cement and approximately 1.27Mt of the aggregates for the newly-built terminal of Shahjalal International Airport in Dhaka, which Prime Minister Sheikh Hasina inaugurated on 7 October. Shun Shing Group of Hong Kong established Seven Circle Bangladesh Ltd to produce and market cement under the Seven Rings Cement brand. The first factory of Seven Rings Cement was established at Kaligong, Gazipur, Dhaka, under t... |
Shree Cement approves NCDs to fund expansion27 September 2023, Published under Cement NewsShree Cement has approved plans to raise INR7000m (US$84.11m) through the issue of non-convertible debentures (NCD) on a private placement basis. According to Realty, the secured, rated, redeemable and taxable NCDs with a base issue size of INR3500m, with an option to retain oversubscription of up to INR3500m, will be allotted today (26 September 2023) at a face value of INR100,000 each for cash at par. The date of maturity of the NCDs to be issued on a private placement basis to certai... |
Argos MD forecasts further investments in the USA and Caribbean05 September 2023, Published under Cement NewsJuan Esteban Calle, MD of Argos SA has revealed that the company is looking to invest in the USA and nearby markets to increase imports. “In the United States, we are making a significant investment in a port in Houston, which will help increase imports,” said Mr Calle. “We are also making other relevant investments in two plants that will allow us to increase our capacity in West Virginia and South Carolina, with an additional 450,000t for the domestic market. “Furthermore, we have ... |