Cement News tagged under: greenfield
UltraTech Cement announces 12.8Mta capacity expansion04 December 2020, Published under Cement NewsUltraTech Cement’s (Aditya Birla Group Cement) Board of Directors have approved an increase of cement capacity by 12.8Mta with a mix of brownfield and greenfield expansions. The additional capacity will be created in the fast-growing markets of the eastern, central and northern regions of India. Kumar Mangalam Birla, chairman of the Aditya Birla Group, said: "This significant investment in a core infrastructure sector will accelerate the wheels of economic activity and aid the kickstar... |
Tanga Cement continues plans for Arusha plant12 November 2020, Published under Cement NewsTanga Cement has said talks with the government regarding its new cement grinding plant in Arusha, Tanzania, are still in progress. The factory will be able to produce between 500,000-750,000tpa, according to Tanga Cement's Country Executive, Ben Lema. The discussions with the government started in 2016. "We are still in talks with the government on a project to build a cement grinding plant in Arusha that will move services closer to the people of the Northern Region zone and other su... |
New US$435m project set for Oman26 October 2020, Published under Cement NewsOman’s Duqm International Cement Projects Co is preparing to launch the country’s biggest integrated cement plant project with an investment of US$435m, according to the Oman News Agency. The new factory, to be located in the Special Economic Zone in Duqm (SEZAD), is expected to have a capacity of 3.5Mta (10,000tpd). It is due to start operations in 2023. The spokesman for the project stated that the new project will meet local market demand and also export to external markets such as ... |
Construction on new plant set to begin in Uganda22 October 2020, Published under Cement NewsConstruction of the Ateker cement plant is due to begin in Moroto district, Uganda, within the next few weeks, according to the Moroto District Investment Agency. The cement facility will be part of the Karamoja Marble complex, which will also produce lime and marble. The unit is expected to be completed within 18 months of the commencement of construction, while its capacity is set to reach 1200tpd. David Ekou Ekanya, senior engineer at the Uganda Development Corporation (UDC), has said... |
Lucky Cement profits fall to PKR3.34bn in FY2026 August 2020, Published under Cement NewsLucky Cement Ltd has announced dismal financial results for FY19-20 (July 2019-June 2020). The company earned an after-tax profit of PKR3.34bn (US$19.8m) as compared to PKR10.49bn, reported during the same period in the previous financial year. The company attributed the drop in the profitability for the last three years mainly to increased capacities coming online locally, which has put downward pressure on margins, while input costs have continued to increase. However, as the local deman... |
Ambuja Cement of India profit grows in FY1902 April 2020, Published under Cement NewsAmbuja Cement Ltd of India has reported an increase in total income of 3.1 per cent and profit after tax (PAT) advance of 2.8 per cent during FY19, despite an increase of 0.6 per cent in operating expenses, according to detailed stand-alone financial result released recently. The total income increased to INR120.94bn (US$1.586bn) in 2019 from INR117.32bn in the year-ago period. PAT reached to INR15.29bn in 2019 from INR14.78bn in 2018. Operating expenses increased from INR94.65bn in 2018 t... |
Colacem proposed plant hearing date set19 February 2020, Published under Cement NewsThe Local Planning Appeal Tribunal (LPAT) case involving the proposed Colacem cement plant in Champlain Township, in eastern Ontario, Canada, will be heard beginning on 2 November 2020 for four weeks, local media have reported. The case involves two appeals connected to the proposed plant, according to an article published in The Review (Canada). Champlain Township council rejected the zoning changes needed to construct the facility and Colacem appealed the decision to the Ontario Municipal... |
Future-proofing Algeria’s flagship19 November 2019, Published under Cement NewsGroupe Industriel des Ciments d’Algérie is set to increase its total cement capacity by 2.2Mta, thanks to the new Sigus cement plant, located in the province of Oum El Bouaghi, eastern Algeria. Engineering, procurement and construction (EPC) partner thyssenkrupp Industrial Solutions provided the complete range of key equipment, process solutions and 360˚ services to make this new greenfield cement plant future-proof. By Flavia Morlaix, thyssenkrupp Industrial Solutions, France. Constr... |
Ramco Cements to invest INR35bn in expansion programme31 May 2019, Published under Cement NewsIndia’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 Nepal29 March 2019, Published under Cement NewsIME 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... |