Cement News tagged under: new capacity

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Niger’s NCN to open soon

23 March 2018, Published under Cement News

Nouvelle Cimenterie de Niger (NCN) is expected to enter operation soon and some 85 per cent of the construction work has been carried out, according to local news reports. The unit, which has been under construction since 2001 represents an investment of XOF48bn (US$133.3m) and recently played host to the country’s Minister of Industry, Mallam Zaneidou Amirou. The 0.54Mta works, located on a 350,000m 2 plot in Ader will enable to carry out large infrastructure project with domestic cemen...

Raysut Cement to look at 1Mta plant in Georgia

22 March 2018, Published under Cement News

Oman’s Raysut Cement Co is planning to carry out an initial study for a 1Mta plant in Georgia, according to Muscat Daily. The company’s subsidiary, Pioneer Cement Industries Georgia Ltd, already owns a mine with over 30Mt of limestone reserves, located 60km from Tbilisi. According to a disclosure filed to the Muscat Securities Market, Raysut Cement has begun discussions with possible partners for both equity participation and engineering, procurement and construction contracting. A decisi...

Vicat enters framework agreements with Andhra Pradesh and Karnataka

20 March 2018, Published under Cement News

During the state visit of French President Emmanuel Macron to India, the Vicat Group has entered into two framework agreements with the Indian states of Andhra Pradesh and Karnataka to support them with their economic development. The group has confirmed its long-term interest in the market by announcing plans to double capacity at its Kalburgi cement plant in Karnataka and the construction of a new grinding unit in Andhra Pradesh. “We have seen for ourselves over the past few yea...

JK Cement chairman says consolidation will help correct oversupply issue

16 March 2018, Published under Cement News

Yadupati Singhania, chairman of JK Cement, has stated that consolidation will help correct the supply overhang in the cement industry, according to The Economic Times. "Consolidation in a way is good for the industry as it will take care of the excess supply," he said. "Today, there is at least 25 per cent excess supply as compared to the demand. This overhang is not good and it is the reason why you don't get the right price for your products." New capacity While consolidation may be g...

New 6000tpd Saudi cement plant for Al Baha Cement

15 March 2018, Published under Cement News

Saudi Arabia’s Al Baha Cement Co plans to built a new cement plant with a capacity of 6000tpd of sulphate-resisting Portland cement as well as the potential to produce white and grey cement. The project represents an investment of US$100m, for which the company will be raising finance from banks. The carry out the funding process, Al Baha Cement is inviting to submit bids for a financial consultancy contract. The Al Baha Chamber of Commerce and Industry and Saudi investors have formed...

Vicat announces plans for upcoming Indian projects

12 March 2018, Published under Cement News

Vicat Group will invest INR5.1bn (US$78.4m) to set up a 1.75Mta greenfield grinding unit in Vizianagaram, Andhra Pradesh, India. The group’s subsidiary Kalburgi Cements Pvt Ltd has signed a memorandum of understanding with the Andhra Pradesh Economic Development Board (APEDB), an agency dedicated to attracting investments into the state. Vicat plans to invest approximately INR17.35bn in India over the next three years. Alongside financing the grinding unit, the money will also be used to ...

Cementos Yaracuy scheduled to come online this year

12 March 2018, Published under Cement News

As part of an agreement between Venezuela and India, Megatech International is currently building a 600tpd cement plant in  the Barranco Amarillo sector of the Valeroso Peña Industria Complex, Peña, Venezuela. The Cementos de Yaracuy project is expected to generate 300 direct jobs. "When starting operations, it will produce 600tpd of cement, for a total of 4.5m bags of 42 kilos per year, of which a percentage will be destined to other states and 30 per cent to exports to Aruba, Curacao an...

Nepal heads towards self-sufficiency in cement production

06 March 2018, Published under Cement News

Nepal is seeing growing demand for cement in the country, as post-earthquake reconstruction work and construction of public and private infrastructure projects have started gathering pace. Jagadamba Cement, which has a production unit in Lumbini Corridor, is setting up another production plant in the eastern part of Bhairahawa. The new plant, according to the company, will produce 1500tpd of cement. "We are expanding the production capacity considering the growing demand for cement,” s...

Peru's Invercem plans expansion

05 March 2018, Published under Cement News

Peruvian cement producer Inversiones en Cemento (Invercem) plans the construction of cement plants in Pisco and Ayacucho, according to its founder Victor de La Torre. The new works in Pisco will have a capacity of 0.22Mta while the Ayacucho facility will have an output potential of 0.45Mta The firm will invest US$18m into a 0.22Mta cement plant in Trujillo, where it currently operates a packing plant. At present it imports cement from China-based Anhui Conch Cement Co, selling it under th...

BGC Cement acquires land for new depot

28 February 2018, Published under Cement News

BGC Cement is in the final stages of acquiring two industrial lots in West Kalgoorlie, Australia, which will become a major new depot for storage and distribution of cement. Construction of the project was due to begin in 2017, according to the Kalgoorlie Miner. "Having now almost settled our land acquisition, we are confident that development will begin in the second quarter of 2018," said Chris Sefton, Kalgoorlie regional manager, BGC.  "There has been considerable, increasing demand...