Cement News tagged under: new capacity
UltraTech Q3FY17 reports post-tax profit up 5%23 January 2017, Published under Cement NewsUltraTech Cement reported a 4.7 per cent rise in consolidated net profit at INR59.39bn (US$871.6m) for the quarter ended 31 December 2016 due to lower expenses. In 3Q15 company, owned by Aditya Birla Group, recorded net profits of INR56.67bn. Consolidated total income from operations fell to 67.61bn from INR68.65bn in the same period. Profit before interest, depreciation and tax was INR12.80bn as compared to INR12.74bn in the same period of the previous year. Profit After Tax (PAT) wa... |
Semen Indonesia halts Rembang construction20 January 2017, Published under Cement NewsSemen Indonesia has halted the construction of its plant in Rembang, Central Java, following the provincial government's revocation of the plant's environmental licence on 16 January. The company said it has complied with the government ruling despite having completed nearly 99 per cent of the plant. It is taking steps to submit certain required documents, such as an environmental impact analysis, required to obtain a new environmental licence. |
Uganda: Hima Cement to launch US$40m grinding unit19 January 2017, Published under Cement NewsLafargeHolcim-owned Hima Cement is set to launch its grinding unit in Tororo this week, according to a company sources. The new 1Mta grinding plant is located at Nyakesia, Rubongi, and will boosts Hima Cement’s production capacity to 1.9Mta. In an earlier statement, Hima Cement Country CEO, Daniel Pettersson, said that the aim of building the grinding station is to meet the increasing demand for cement and concrete not only within Uganda but the regional market as well.” Uganda is ... |
Egypt: South Valley denounces new capacity project17 January 2017, Published under Cement NewsThree private companies are reported to have gained licences for new plants in Egypt after the latest round of bidding, according to local newspapers in Egypt. The new capacity was reportedly for Elsewedy Cement, Elmasreein Cement and South Valley Cement. However, South Valley Cement has categorically denied the announcement in a statement to the EGX, stating that the claim is totally untrue. Furthermore, the government has made available several further 2Mta cement plant licences... |
Canada: McInnis Cement plant nears completion17 January 2017, Published under Cement NewsThe new Port Daniel-Gascons cement plant of McInnis Cement, Canada, was completed for nearly 90 per cent in December, according to company reports. "The completion of the construction of the cement plant and the deepwater terminal is proceeding smoothly with a full workforce ready to put the finishing touches to this ambitious project,” said a McInnis spokesperson. Propelled by an increase in the pace of work during the day, night and weekend, a full workforce – up to 1500 on certain d... |
Egypt: Aumund to supply conveying equipment for six clinker lines11 January 2017, Published under Cement NewsThe Egyptian government has signed a contract with Chengdu Design & Research Institute of Building Materials Industry, part of Sinoma International Engineering, to build six clinker production lines with a capacity of 6000tpd each in Beni Suef, Egypt. Aumund Fördertechnik GmbH, in close cooperation with its Chinese subsidiary Aumund Beijing, has won the order to supply the clinker conveying equipment for the project. The identical lines will each be equipped with four BWG belt bucket e... |
Colombia: FLSmidth secures EcoCementos order11 January 2017, Published under Cement NewsEcoCementos has selected FLSmidth as the equipment supplier for its new plant in Rio Claro, Sonson, Antioquia, Colombia. FLSmidth has been contracted for the engineering, procurement and supply of equipment to the 3150tpd production line. The order includes equipment ranging from from crushing to packing, as well as equipment from FLSmidth product companies. Planetary gear units will be supplied by FLSmidth MAAG Gear, fabric filters from FLSmidth Airtech, a packing plant from FLSmidth V... |
Indonesia - new investment must be outside Java10 January 2017, Published under Cement NewsEstimates released by the Indonesian Ministry of Industry indicate that total national cement capacity in 2017 will reach 102Mta versus a total requirement of 70Mta. In response, the Indonesian government is formulating plans to manage the scale and distribution of future cement capacity investment in the country as it tries to control oversupply, particularly in Java, according to a report in Bisnis Indonesia. Director General of Chemical, Textile and Miscellaneous Industry Ministry, Har... |
Semen Indonesia IDR6trn expansion06 January 2017, Published under Cement NewsSemen Indonesia has designated IDR6trn (US$449.1m) for capital expenditure in 2017 to finance its expansion programme. The programme includes the development of four plants set to add 10.5Mta to the company’s current installed capacity of 32.3Mta. Two plants are already under construction. Approximately IDR1trn of the year’s spending will be channelled into the construction of the Rembang plant in Central Java and the Indarung VI plant in Padang, West Sumatra, which have both entered into... |
Kenya: cement consumption falls 5.3% in 3Q1604 January 2017, Published under Cement NewsThe growth in cement consumption fell by 5.3 per cent in the third quarter of 2016 compared to 3Q15, according to a report from the Kenya National Bureau of Statistics (KNBS). The KNBS data shows that the domestic market consumed 1.52Mt of cement in the three months to September 2016, compared to 1.45Mt in the same period in 3Q15 and 1.3Mt in 3Q14. The decline in cement demand was in line with a general slowdown in the construction sector. Lower demand from major infrastructure p... |