Cement News tagged under: greenfield

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Ramco Cements to invest INR35bn in expansion programme

31 May 2019, Published under Cement News

India’s Ramco Cements has confirmed plans to invest INR35bn (US$501m) to expand its production capacity from 12Mt to 20Mt by 2020, following the conclusion of the country’s general election. "The uncertainty has ended and stability is back at the centre," said P R Venketrama Raja, chairman and managing director, Ramco Cements. "We expect the new government to focus on major infrastructure projects that will spur growth in the cement sector." The company has already invested INR12bn in upco...

IME Group plans new NPR10bn plant in Nepal

29 March 2019, Published under Cement News

IME Group, a Nepal-based business conglomerate, has announced plans to invest NPR10bn (US$89.89m) for a cement plant in Chormara, Nawalparasi. "We decided to venture into the cement industry after forecasting the increasing demand for cement in the future," said Chandra Dhakal, chairman. "The demand for cement will exponentially rise in the coming years as the local governments will be focusing on infrastructure development." As such, the company has already acquired around 10.5ha of l...

Cementos Melón to invest in new capacity

18 December 2018, Published under Cement News

Chile-based Cementos Melón has announced that it will open a new cement facility in Punta Arenas in the first half of 2020. The first stage of construction will see an investment of US$30m, with an expected capacity of 0.5Mta. "To date, Cementos Melon has customers to whom it supplies bagged cement, distributed by sea from its other plants in the country. Here in the area [Magellanes] we have 10 clients and we hope that being here with our new plant we will add hundreds," said Jorge Eugen...

Ramco Cements to build a 3.15Mta plant in Andhra Pradesh

17 December 2018, Published under Cement News

India’s Ramco Cements has laid the foundation stone for a new 3.15Mta greenfield cement plant at Kalavatala, Kolimigundla Mandal, Andhra Pradesh. The environmental clearance has been received for the INR15bn (US$209.3m) project and the required mining lease is in place. Alongside the facility, the project will see the construction of a waste heat recovery system, thermal power plant and a 25km railway line from Sanjamala station. The plant is expected to be completed within 15 months of ...

ACC announces INR30bn expansion plans

12 December 2018, Published under Cement News

The board of India's ACC has approved a proposal for setting up an integrated greenfield project at Ametha, Madhya Pradesh, with a clinker capacity of 3Mta and cement of 1Mta. The plans also include the "expansion of the existing grinding unit in Tikaria, Uttar Pradesh and a third grinding unit also in Uttar Pradesh," said the company in a press release. The board has also approved a further 1.1Mta grinding project at its existing plant in Sindri. Meanwhile, the company will fund the expan...

Sagar Cements announces new investments in plant projects

06 December 2018, Published under Cement News

Sagar Cements has approved significant investment in both Satguru Cements and Jajpur Cements, which will enable the company to expand its presence in central and eastern India. "The board has approved a proposal to invest a sum of INR1.5bn (US$21.1m) in Satguru Cement Pvt Ltd (SCPL), Indore, to set-up a greenfield cement manufacturing plant of 1Mta capacity along with a waste heat recovery power plant, at a total cost of INR4.26bn. SCL will be holding 65 per cent in the equity share capit...

Yamama on track to the future

15 November 2018, Published under Cement News

Designed for a clinker capacity of 20,000tpd, Yamama Cement Company’s new plant complex is currently the largest cement project in the Middle East. For the cement company and its EPC contractor thyssenkrupp Industrial Solutions, the project is now entering the home straight. By thyssenkrupp Industrial Solutions AG, Germany. Construction on Yamama Cement’s new 20,000tpd plant at Alhalal Alshamalia, Saudi Arabia, is well under way Yamama Cement, one of the oldest and largest cemen...

Expansion plans of Fauji Cement are underway

12 November 2018, Published under Cement News

Fauji Cement Company Limited (FCCL) has informed Pakistan Stock Exchange (PSX) that the 10th Extraordinary General Meeting (EOGM) of FCCL will be held in  Islamabad on 29 November 2018 to obtain approval for a greenfield project, elect company directors for a period of three years from 13 December 2018 to 12 December 2021and other business. According to annual report for the year 2018, the company is planning to establish an additional plant and necessary preparation in this regard are u...

Hima Cement to open new plant in Uganda next month

17 April 2018, Published under Cement News

Hima Cement has announced that its UGX144bn (US$40m) new plant in Tororo, Uganda, will begin operations next month. The country is currently experiencing a severe price hike and George Nicola, CEO of Hima Cement Uganda, has stated that increased production can solve the issue. “It is not the producers increasing the price but it’s the full distribution channel that has been impacted,” said Mr Nicola. “What is causing the price to go up is because our customers’ distributors and retailer...

Vicem Hoang Mai Cement receives approval to construct plant

12 April 2018, Published under Cement News

Despite issuing a request to relocate last year, authorities of Vietnam’s Nghe An province have now granted approval for Vicem Hoang Mai Cement JSC to develop its Hoang Mai 2 facility in the area, according to Viet Nam News. Therefore, the company will construct the plant in the originally intended location of Hoang Mai 2 industrial park, Quynh Vinh commune. Once fully operational, the plant will have a 0.92Mta clinker capacity and a capability to produce 1.15Mta of cement.