Cement News tagged under: greenfield
Anhui Conch Cement Co29 April 2015, Published under Cement NewsEarlier this month a delegation from Anhui Conch Cement Company Ltd met with the governor of the Chelyabinsk region in Russia to discuss the possibility of setting up a cement plant in the South Urals. During the four-day visit, various sites were inspected along with the Atlyan limestone deposit near Miass and the Slavyansk deposit near Bakal. The company is reportedly yet to decide whether to upgrade the wet production facilities at the Magnitogorsk Iron and Steel Works or to launch a new ... |
PPC to ease expansion, focus on existing projects23 April 2015, Published under Cement NewsPPC said it will expand more slowly after spending on its 'Rest of Africa' projects has raised its debt load, the company's chief executive said on Wednesday. PPC is building plants in African countries as part of a wider plan to generate 40 per cent of its sales outside its home market by 2017. However, spending on these projects is pushing up its debt levels and CEO Darryll Castle said PPC's debt would likely hit as much as ZAR12bn (US$982m) in the next two years and possibly breach agree... |
Siam Cement earnings' preview: robust quarter expected20 April 2015, Published under Cement NewsThai conglomerate SCC is expected to report a strong net profit of THB10.2bn (US$315m) in the first quarter of 2015, up 21 per cent YoY and 15 per cent QoQ, according to estimations by SCB Securities. “We continue to like SCC for several reasons: 1) it benefits from low oil price via wider spreads and cheaper fuel costs and from a weak baht as a net exporter; 2) 2Q15 profit will continue strong, 3) solid three-year earnings growth of 16 per cent,” the research house stated. First qua... |
Court rules on Semen Indonesia Rembang mining activities20 April 2015, Published under Cement NewsThe Semarang (Central Java Province) State Administrative Court (PTUN) on Thursday ruled on the legality of the local government’s decision to allow PT Semen Indonesia to start mining activities in the area of its new cement plant project in Rembang, North Central Java. The ruling stated that PT Semen Indonesia could operate in the area. Prior to the ruling, strong protest rallies were held against the construction of SI's planned cement factory in Rembang. The protesters were claiming th... |
K-Electric to supply 40MW of electricity to new DG Khan cement plant, Pakistan16 April 2015, Published under Cement NewsK-Electric (KE) and DG Cement Ltd have signed an agreement through which the power utility will provide 40MW of electricity to the cement producer's upcoming plant in Hub, Balochistan, Pakistan . The agreement was signed at the KE House in the presence of KE and DG Khan management. According to KE’s press statement, electricity will be provided from its Hub grid station and DG Cement Ltd is to construct a Line Bay and a 12km long 132kV transmission line. The new cement plant will have a c... |
National Cement plans expansion into Uganda14 April 2015, Published under Cement NewsNational Cement, which currently operates a grinding plant in Kenya, plans to invest KES18.5bn (US$199m) in a new factory in Uganda, according to local news reports. The new plant marks the company's first foray into Uganda, and its first venture outside Kenya. With a capacity of 1Mta, the new cement facility is expected to be completed by the end of next year, the report by Ventures Africa states. In its home market of Kenya, National Cement operates a 0.35Mta grinding works in Athi Rive... |
Conch reportedly in discussions for Chelyabinsk plant, Russia10 April 2015, Published under Cement NewsThe government of the Chelyabinsk region (Urals) and China's Anhui Conch Cement Co (ACCC) are negotiating the construction of a cement plant, according to Russian news sources. Conch has been provided several plots for assessment, the reports state. According to General Manager Wang Jianchao, a project scheme will be determined in the near future, whether to modernise existing production facilities or build a new at an undeveloped deposits. (Source: Esmerk Russian News) |
SCG hosts groundbreaking ceremony for Laos cement plant project08 April 2015, Published under Cement NewsSCG has hosted a groundbreaking ceremony for the construction of Khammouane cement plant, its first cement plant in Laos. Present at the ceremony were Pichit Maipoom, President and Vice President - Operations, SCG Cement - Building Materials, Nithi Pattarachoke, Vice President - Domestic Market, SCG Cement - Building Materials, Chanson Senbouttalat, Deputy Minister, Minister of Natural Resources and Environment, Dr Sinnava Souphanouvong, Deputy Minister of Energy and Mines, Odai Sudaporn, V... |
Semen Indonesia studying feasibility of new West Java plant07 April 2015, Published under Cement NewsSemen Indonesia is carrying out a feasibility study for a new production facility in West Java, Investor Daily reported, quoting the company's business development and strategy director, Rizkan Chandra. The study is expected to be complete by December. Projects under construction for the Semen Indonesia group include Semen Padang’s 3Mta Line 6 at the Indurang works (due to be completed in 2016). Semen Gresik, also part of the Semen Indonesia group of companies, is constructing a 3Mta integr... |
Proposed Lebanon plant to be relocated02 April 2015, Published under Cement NewsA cement factory that was set to be built in Zahle, Lebanon, will be relocated to another area, according to reports by the Daily Star (Lebanon). The planned cement factory, which has been met with widespread opposition for Zahle residents and officials over health and environmental concerns, will now be relocated after an agreement was reached with the head of the project, Pierre Fattouch, Archbishop of the Greek Catholic diocese of Zahle and Forzol Issam Darwish announced in a news co... |