Cement News tagged under: new capacity

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Cemento Fortaleza starts operations in Costa Rica

20 August 2018, Published under Cement News

Plycem-owned Cemento Fortaleza will move from being a distributor of cement in Costa Rica to a local producer. The company recently commissioned a new cement plant in Esparza, Puntarenas. The US$17m project includes German production technology and was built on a 50,000m 3 plot. The new plant will directly and indirectly employ more than 200 people.

President El-Sisi inaugurates Beni Suef cement complex

16 August 2018, Published under Cement News

Egyptian President Abdel-Fatah El-Sisi inaugurated on 15 August the US$1.1bn cement and marble complex in Beni Suef governorate as part of the government’s development drive. The 5km 2 industrial complex consists of three cement plants with a total production capacity of 12Mta and 37,000tpd. The implementation of the megaproject was carried out over 21 months by Armed Forces Engineering Authority (AFEA) and some 20 local and international companies, including China’s CDI. During the...

Al Wusta’s Duqm cement plant requires project finance

15 August 2018, Published under Cement News

Oman’s Al Wusta Cement is currently looking for project finance from international for its Duqm cement plant project. Total project investment is estimated to be US$85m. Al Wusta, a joint venture between Oman Cement Co and Raysut Cement Co, is analysing project feasibility studies with the EPC process expected to start in the 4Q18. Procurement talks will begin soon after with equipment likely to be purchased from foreign equipment suppliers, according to Anil, project engineer at Raysut Ce...

Government of Himachal Pradesh to approve white cement mining lease

08 August 2018, Published under Cement News

The government of Himachal Pradesh is to approve a mining lease for the set-up of a white cement plant. FCI Aravali Gypsum and Minerals India Ltd (FAGMIL), a central public sector undertaking (CPSU) under the administrative control of the Department of Fertilisers of India’s Ministry of Chemicals and Fertilisers,  has received a Letter of Intent (LoI) from the Himachal Pradesh government for the granting of the lease. To be built on a 108ha plot, the new white cement plant is expected to ...

LafargeHolcim

02 August 2018, Published under Cement News

LafargeHolcim’s US subsidiary has acquired Tarrant Concrete, which is a leading ready-mixed concrete supplier in the Dallas-Fort Worth area. It operates three batching plants, has a staff of 90 and an annual turnover in excess of US$40m.  Meanwhile in Cameroon, the new 0.5Mta cement works at Nomayos should commence production during the early part of 2019.  ACC’s first half cement volume increased by 7.7 per cent to 14.35Mt and the ready-mixed concrete output advanced by 20 per cent to...

Paraguay's INC to inaugurate new Villeta mill

02 August 2018, Published under Cement News

Industria Nacional del Cemento (INC) will inaugurate its new US$11.5m cement mill tomorrow, enabling the plant to increase production by 50 per cent, according the cement company. The new 80tph mill has been operational since February, working in parallel with the old mill, which was installed in 1985. Output is expected to rise to 390,000t at Villeta. As a result, the company expects to increase its market share from a current 51 per cent to 70-75 per cent and increase revenues by US$50m.

Namibia’s Whale Rock cement plant commissioning in October

30 July 2018, Published under Cement News

Namibia’s Whale Rock cement plant, built with Chinese investment, is expected to fully commission at the end of October, according to company spokesman Manfred Uxamb. The plant represents an investment of US$350m and is expected to produce 1.2Mta of Cheetah-branded cement. Production at the plant started in April . "Whale Rock Cement has already started with cement production in April and has entered the market in May 2018," Mr Uxamb said. "Our plant is built for a global market fr...

Soboce well prepared for upturn Bolivian market

23 July 2018, Published under Cement News

The Bolivian cement market remains dynamic and will receive a boost from the announcement that GDP will rise by 4.7 per cent, said Juan Mario Ríos, general manager, and Claudio Rodríguez, chairman of the board of Soboce. However, the company notes that while the competition in the market has intensified, it considers to be in a good position due to the US$85m investment made in new grinding systems and an expansion that lifts capacity from 1.6Mta to 2.9Mta. Since 2015 Grupo Gloria has...

UltraTech's 2Q18 sales rise by 27%

19 July 2018, Published under Cement News

UltraTech Cement Ltd's unaudited financial results for the quarter ended 30 June 2018 reported net sales of INR88.4bn (US$1.28bn), up 27 per cent from INR69.3bn of the previous year. Profit before interest, depreciation and tax (EBITDA) was INR17630m when compared with INR17980m in the corresponding period of the previous year. Sales volume jumped 34 per cent over 1QFY18. The company achieved an operating EBITDA of INR929/t as compared to INR922/t in 4QFY18, despite the hike in fuel prices...

Ecocem France officially opens new plant in Dunkerque

18 July 2018, Published under Cement News

Ecocem France has opened its new 0.75Mta production plant in Dunkerque, France. Located on a 4ha plot in the Port of Dunkerque, the new facility is equipped with a vertical mill, a mixer and storage facilities. Further expansion is taken into account as the plant’s production capacity can be increased to 1.4Mta.  The new plant enables Ecocem France to gain access to northern French markets as well as the Ile-de-France region. Furthermore, the company will also be able to supply the UK and...