Cement News tagged under: expansion
CCNN to increase power generation capacity, Nigeria23 June 2015, Published under Cement NewsThe Cement Company of Northern Nigeria (CCNN) is to build an additional power plant to enable it to self-sufficiently supply its plant near Sokoto in the northwest of the African country. The company is teaming up with CBMI (China) to build a new plant to increase power generation capacity from the current 12MW to 16MW, according to Alhaji Sada Suleiman, Principal Manager, Corporate Affairs of CCNN. Suleiman disclosed the information, which was subsequently reported by local press, to ... |
Wonder Cement plans capacity expansion, India18 June 2015, Published under Cement NewsWonder Cement Ltd plans to increase capacity to 10Mta in the next five years from the present 3.25Mta. "We have 3.25Mta cement manufacturing capacity at our Bhatkotri village unit in Rajasthan and have invested INR1600 crore to double the current capacity to about 7Mta by setting up a second production line. It is likely to complete by this year end," Wonder Cement executive director Jagdish Chandra Toshniwal told the Press Trust of India. The company has ambitious plans to further expand ... |
Lafarge Cement Zimbabwe secures additional funding for plant upgrades11 June 2015, Published under Cement NewsLafarge Cement Zimbabwe has secured approval from its parent company, Lafarge Group, to invest an additional $5m on plant upgrades this year. The cement maker last year announced plans to invest about $10m-$15m on upgrading grinding capabilities. According to the company, the plant upgrades will push its volumes from 0.39Mta to 0.5Mta. Speaking to local press at the sidelines of the company's AGM, Amal Tantawi, chief executive of Lafarge Zimbabwe, told The Herald Business that the all the... |
Zuari Cement plans to increase Indian presence11 June 2015, Published under Cement NewsZuari Cement, part of the Italcementi Group, is looking to increase its presence in India ahead of an anticipated increase in domestic consumption. The company has plans to add another 1Mta to its current capacity of 6Mta by the end of the year. Speaking to Cnbc-TV18, Nabil Francis, MD-India, Zuari Cements said: “We have established a new site in Sholapur, so at the end of this year we will be over 7Mta as a capacity." On the outlook for cement demand growth in the country, Mr Francis s... |
ARM Cement ratings affirmed, Kenya09 June 2015, Published under Cement NewsGlobal Credit Ratings has today affirmed the national scale ratings assigned to Kenyan cement producer ARM Cement Ltd of A(KE) and A1(KE) in the long term and short term respectively, with the outlook accorded as Stable. Summary rating rationale Global Credit Ratings (GCR) has accorded the above credit rating(s) to ARM Cement (ARM) based on the following key criteria: ARM is becoming an increasingly important player in the East African cement industry, with its market share having grown... |
RAM reaffirms Lafarge Malaysia ratings on strong business and financial profile05 June 2015, Published under Cement NewsRAM Rating Services has reaffirmed the ratings of Lafarge Malaysia Bhd’s debt notes based on the strong business and financial profile. The ratings agency had on Thursday reaffirmed the AA2/Stable/P1 ratings of the group’s MYR350m Islamic securities programme (2010/2017). “The ratings are premised on Lafarge Malaysia’s strong business and financial profile. The group is the leading producer of cement in Malaysia, whose annual production capacity of almost 13Mt accounts for about 40 per... |
Ang plans to increase capacity in the Philippines01 June 2015, Published under Cement NewsPhilippine businessman Ramon S Ang plans to expand capacity of his privately-held Eagle Cement Corp as well as construct two new cement plants in the country. In an interview published in the Philippine Star, Ang said the company plans to build two new cement facilities in Cebu and Davao, each with a capacity of 2Mta. He also plans to add a 1Mta line at its existing cement facility in Bulacan. “We are now finishing the second line and preparing to put up a third line. With Eagle... |
Approval for Mitsubishi terminal expansion, USA19 May 2015, Published under Cement NewsThe Long Beach Board of Harbor Commissioners approved the Mitsubishi Cement facility modification Project last week, which will allow the company to meet increasing regional demand for cement more efficiently. The expansion project involves 40,000t of additional storage capacity consisting of storage and loading silos on vacant Port property adjacent to Mitsubishi’s existing facility. The site will increase in size from 4.21 acres to 5.92 acres. Environmental measures The board’s app... |
Cemex to double capacity at Luzon cement plant, Philippines15 May 2015, Published under Cement NewsCemex announced yesterday that it is undertaking a new US$300m investment in the Philippines involving the construction of a new 1.5Mta line at is Solid Plant in Luzon. The investment will double the capacity of the Solid plant and will represent a 25 per cent increase in Cemex's capacity in the Philippines. With the recent visit of Fernando A. Gonzalez, Chief Executive Officer of Cemex and his executive team in the country, highlighted by a meeting with His Excellency President Benigno S.... |
CIMERWA unveils new corporate identity, Rwanda12 May 2015, Published under Cement NewsRwanda's largest cement producer, CIMERWA, last week unveiled its new corporate identity and product packaging ahead of the completion of its expansion project later this year. The new identity involves a new logo and brings to market bold blue 32.5 bags and bright red 42.5 bags. "We have moved from the previous green to a bold blue reflecting the refreshing nature of the business as we go through a rebirth and repositioning of CIMERWA. The previous logo was a closed diamond; the new lo... |