Cement News tagged under: new capacity
Lighting up the mighty Xuan Thanh15 January 2018, Published under Cement NewsVietnam’s first mega plant and 12,500tpd kiln line was commissioned by Xuan Thanh Cement JSC at Ha Nam on 9 October 2017. The line is a bold statement and an apt symbol of the tremendous development achieved by Vietnam, one of Asia’s most dynamic emerging markets, over the course three decades of almost uninterrupted economic growth. ICR reports on the new production line and the Xuan Thanh’s ambitions to construct a further three 12,500tpd lines by 2020. Xuan Thanh cement plant, buil... |
JSW Cement to bid on Binani Cement15 January 2018, Published under Cement NewsJSW Cement Ltd will partner with a global equity firm to bid for Binani Cement, according to The Hindu BusinessLine. It is expected that as many as 11 industry players, including Ultratech and Dalmia, will submit a bid for the company which is currently undergoing the bankruptcy process. "There are a lot of bidders and this is going to get aggressive because nobody wants to leave these assets; we would not want to leave these assets," said Sajjan Jindal, managing director, JSW Group. ... |
Is a record cement year on the cards for Pakistan?12 January 2018, Published under Cement NewsThis week it was announced that Attock Cement Company has launched a new 1.2Mta cement plant in Hub , just outside Karachi, while several brownfield and greenfield plants are also underway. Meanwhile, Lucky Cement has climbed its way back to the top of installed domestic capacity by completing its 1.3Mta brownfield expansion project at its Karachi plant in December. But with all this capacity expansion, will 2018 be a record year for Pakistani cement producers? Pakistan’s cement industry... |
Attock Cement commissions new 1.2Mta line10 January 2018, Published under Cement NewsAttock Cement Pakistan Ltd (ACPL) has started operations at its new 1.2Mta production line at Hub, Balochistan. The line brings the total capacity of the plant to 10,000tpd and represents and investment of US$130m, according to Dawn. The construction work was completed within 22 months with the help of Pakistani engineers. Alongside this project, the company also plans to install a 15MW WHR plant. In the quarter ending 30 September 2017, Attock cement saw a 19 per cent YoY increase in ... |
Ready to serve08 January 2018, Published under Cement NewsAfrica leads the charge for recently-commissioned cement plants. Although orders may be down on previous years, there is a more diverse geographical spread of newly-completed cement facilities and ICR highlights some of the most noteworthy in this report and takes a brief look at what is in stall for the year ahead. Africa has attracted much of the cement industry’s investment. Pictured: PPC opened its US$85m Harare grinding plant While global cement demand in 2017-18 is expecte... |
LafargeHolcim03 January 2018, Published under Cement NewsThe 39.9 per cent-owned LafargeHolcim associate Huaxin Cement is investing in a US$140Mta cement works that it is building in Nepal. Lafarge Malaysia’s turnover came down by some 13 per cent to US$409.5m in the first nine months of 2017, while a net loss of US$33.1m was incurred, compared with a US$10.5m profit for the same period last year. The company lost money in each of the quarters of this year and a return to profit is not expected until the middle of next year. LafargeHolcim A... |
Kyrgyzstan to attract investment for new Ozgorush plant19 December 2017, Published under Cement NewsThe Vice Chairman of the Kyrgyz Government, Dair Kenekeyev, has ordered the Agency for Promotion and Protection of Investments to attract investments to the Ozgorush cement plant. The new plant is expected to have a capacity of 1-1.5Mta of cement. |
UltraTech Cement18 December 2017, Published under Cement NewsUltraTech Cement has announced plans to set up a 3.5Mta integrated cement plant in Pali, Rajasthan, India, at a cost of INR18.5bn (US$287.4m). The plant is expected to begin production in mid-2020. Located in the highest cement-consuming state in the North Zone, it will serve the markets of western Rajasthan where UltraTech does not currently have a significant presence. The company is also intending to construct a limestone project and crushing unit at Tehsil Ramnagar, Satna, Madhya Prad... |
PPC18 December 2017, Published under Cement NewsIt has been an eventful December for PPC so far. It started the month with three potential bidders but looks set to end it with none. The first to walk away was CRH. The Irish building materials giant made an undisclosed cash bid for PPC in November but has now decided to drop its interest in the company despite being given time for due diligence and the opportunity to submit an updated bid. The second suitor to leave is Canada’s Fairfax Africa Investments. Last month AfriSam launched a ... |
Semen Indonesia18 December 2017, Published under Cement NewsHigh cement demand on the Philippine island of Mindanao has reportedly rekindled Semen Indonesia’s interest in setting up a facility there. Under President Duterte and his extensive ‘Build Build Build’ infrastructure programme, Mindanao is enjoying a surge in construction activity and resulting demand for cement and other building materials. Semen Indonesia currently exports to Mindanao but, according to local press reports, has said, “We are looking for opportunities here because the ... |