Cement News tagged under: new capacity
Cemento Inka expects to start Pisco construction in August20 June 2019, Published under Cement NewsPeru-based Cemento Inka plans to start the civil works for its new 0.7Mta grinding plant in Pisco in August. The US$20m project is expected to take 12 months to complete with commissioning due in the 2H20, according to the company’s Director and Marketing Manager, Carlos Alberto Choy. Output from the plant will be sold in the markets of Ayacucho and Apurímac. The company is reportedly also in talks with quarry owners in southern Peru to supply them with limestone. Cemento Inka currently ... |
New US$400m cement plant in Jizzakh, Uzbekistan20 June 2019, Published under Cement NewsUTD Cement, a joint venture of two Germany-based companies and a private investor, will build a US$400m cement plant in Farishky district, Jizzakh, Uzbekistan. Construction of the new 4Mta works will take place in 2019-21 on a 74ha plot. The plant will provide employment for 1500 people. In terms of output, plans are for the production of 0.98Mt of M500 cement, 1.22Mt of M600 cement, 0.94Mt of M900 product and 0.86Mt of white cement. According to a resolution of the country’s Cabinet o... |
Vicem Hoang Mai to build 3Mta plant in Nghe An19 June 2019, Published under Cement NewsVicem Hoang Mai Cement JSC plans to build a 3Mta cement plant in Vietnam’s central province of Nghe An. Covering 60ha in the Hoang Mai 2 Industrial Zone, the project represents an investment of VND6.67trn (US$286m) and is expected to create 500 local jobs. During a meeting in May, the chairman of the provincial People's Committee, Thai Thanh Quy, granted approval in principle for the investor to develop the plant, which is part of the development strategy for the cement industry to 2030,... |
Eagle Cement faces Malabuyoc plant delay19 June 2019, Published under Cement NewsEagle Cement Corp said the opening of its cement plant in Malabuyoc in Cebu, Philippines, will be delayed following issues in receiving the required permits for its construction. Eagle Cement President and CEO, John Paul L Ang, said the opening of its fourth cement line will be postponed by more than six months from its original end-2020 commissioning date. "Despite the setback, we are still targeting to sell cement in the Visayas region by end-2020 as promised," Mr Ang added. The company... |
Environmental groups oppose Calero Risso plant17 June 2019, Published under Cement NewsThe building of a cement plant at Calero Risso in Paraguay, proposed by Jiménez Gaona y Lima under the name of Cementos Concepcion, has met with further disapproval from environmental groups. The area includes the Risso Cave, where important fossils were discovered, including microfossils that are 550m years old and said to be the first organisms on the planet with a skeleton. The Paraguayan Federation of Speleology has asked Mades to protect the cave. Cementos Concepción , led by Jor... |
Rhiddhisiddhi Cement Industry commences production10 June 2019, Published under Cement NewsCement production at the plant of Nepal-based Rhiddhisiddhi Cement Industry has started. During the start-up phase, the company willl produce 20,000 bags/day of cement, which will then be ramped up to 60,000t/day. The cement producer was established with NPR10.5bn (US$94m) of domestic capital and operates a cement works at Ratomate, Hetauda, Makwanpur. It employs around 300 people and uses European technology. It uses limestone from deposits in Rarksirang, Kaialsh in Makwanpur, as well as... |
Ultracem plans new Honduran plant30 May 2019, Published under Cement NewsConstruction growth and increased cement demand in Honduras are prompting cement producer Ultracem to make plans for a new cement plant in Cortés in the northwest of the country. At present, the company has invested US$2m and employs 60 people in its current operations. The new plant is expected to push up employment to 100 but an investment amount has not been disclosed. “The short-term plan is to build a production plant that employs a larger number of people and greater investment, we... |
Maple Leaf Cement starts up expanded grey clinker production23 May 2019, Published under Cement NewsMaple Leaf Cement Factory Ltd (MLCFL) has started production on its additional dry-process grey clinker line at its Iskanderabad site in Punjab, Pakistan, on 21 May 2019, according to the Company Secretary, Muhammad Ashraf, in a note to the Pakistani Stock Exchange. The 7300tpd line will increase the plant's clinker production capacity to 18,000tpd at an estimated project cost of PKR25bn (US$ 164.3m) . MLCFL is part of the Kohinoor Maple Leaf Group and currently operates two grey cemen... |
UltraTech Cement22 May 2019, Published under Cement NewsFollowing its acquisition of Binani Cement, UltraTech Cement is now looking to sell the 3Mta integrated cement plant in China and 2.5Mta grinding plant in UAE it inherited as part of the deal. Prior to the agreement with UltraTech, Binani had tried to sell its 90 per cent stake in the Chinese plant but was unsuccessful. Finding a buyer for the UAE grinding works is also expected to be difficult due to overcapacity in the country. Meanwhile, UltraTech is pushing ahead with its plans to est... |
Anhui Conch22 May 2019, Published under Cement NewsAnhui Conch’s revenue increased by 62.5 per cent YoY to CNY30.5bn (US$4.4bn) in the opening quarter of 2019. Net profit over the same period advanced by 27.2 per cent from CNY4.77bn to CNY6.08bn. Earnings per share improved from CNY0.90 in 1Q18 to CNY1.14 in 1Q19. Meanwhile, Qarshi Conch Cement, a subsidiary of Anhui Conch, has commenced work on its new US$150m plant in Karshi, Uzbekistan. The plant, which will have a cement production capacity of 1.2Mta, is due to become operational in D... |