Cement News tagged under: new capacity

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Anhui Conch

29 June 2016, Published under Cement News

In a bid to boost Cambodia’s domestic supply of cement, Battambang Conch Cement has announced plans to construct a new cement plant in the country’s northwestern province of Battambang. Battambang Conch Cement is a joint venture between China’s Conch International Holdings and Cambodia’s Battambang KT Cement.  The US$230m plant, which will have a production capacity of 1.8Mta, is expected to begin operations in December 2017. Battambang Conch Cement has applied for an industrial mining li...

Georgia: construction on 1.5Mta Senaki works started

28 June 2016, Published under Cement News

Construction on a 1.5Mta cement plant in Senaki, Shmegrelo region in western Georgia, has started. The project is an investment of US$120m by Black Sea Cement LLC, a partnership between Georgian businessman Cezar Chocheli and China’s Hualing Group. "This is a very good example of partnership between Georgia and China," Georgian Prime Minister Georgy Kvirokashvili said at the groundbreaking ceremony. The plant, located on a 20ha site, is expected to be commissioned at the end of 2017. A...

New 1.8Mta cement plant for Cambodia

17 June 2016, Published under Cement News

Battambang Conch Cement Co, a joint venture between Hong Kong-based Conch International Holding and local firm Battambang KT Cement Co, is expected to break ground next month in Rattanak Mondul district. The US$230m cement plant project is due for commissioning in December 2017 and bring an extra 1.8Mta of cement production capacity online in northwestern Cambodia. The company has applied for an industrial mining licence to use limestone from a nearby mountain for its production. "We ...

PT Semen Indonesia

25 May 2016, Published under Cement News

Semen Indonesia has reported a five per cent YoY fall in revenue in the first three months of 2016 to IDR6021bn, due to a combination of lower volume and price. Over the same period, EBITDA declined by nine per cent to IDR1683bn, which was blamed on slow demand and increased competition. Pretax profit, meanwhile, contracted by 17.2 per cent to IDR1243bn. Total cement sales for the quarter, including Vietnam, came in at 6.43Mt, down 1.3 per cent YoY. Domestic sales accounted for 5.93Mt, repre...

PT Indocement

25 May 2016, Published under Cement News

Government spending on infrastructure is expected to drive up cement demand in Indonesia in 2016, according to PT Indocement. Following consumption growth of 3.4 per cent in 2015, the company says that it forecasts sales to rise by 3-5 per cent this year. Along with a fall in interest rates, the government has pledged an infrastructure spend of IDR313.5trn (US$23.51bn) this year, up by eight per cent compared to 2015. In anticipation of the rise, PT Indocement is building a new 4.4Mta integr...

Russia: new cement plant for Dagestan

16 May 2016, Published under Cement News

Azerbaijani investors will build a 1.8Mta cement works, Dagestan Cement Plant, and a 30ha Trade and Logistics Centre between Makhachkala and Kaspiysk, according to Ramadan Abdulatipov, head of the Republic of Dagestan of the Russian Federation following his visit to Baku. The Dagestan coast of the Caspian Sea is earmarked as an area for high-quality tourist infrastructure and Azerbaijani investors have been invited to help construct tourist, recreational and therapeutic complexes, hotels a...

Bolivia: Yacuses expected to produce cement in December

16 May 2016, Published under Cement News

Work on the 0.87Mta Yacuses cement plant, owned by Itacamba Cemento, in the Germán Busch province of Bolivia, 590km from Santa Cruz, has been completed by 70 per cent, according to the latest reports in the local press. First clinker is expected to be produced in November, with first cement leaving the production line in December. Equipment for the US$220m works was delivered by China-based Tianjin Cement Industry Design & Research Institute.

PT Semen Indonesia

29 April 2016, Published under Cement News

Semen Indonesia is one of three players in the Indonesian market suffering from falling cement prices in the wake of an influx of new players. According to a report by Trimegah Securities, the last couple of years have seen a number of new entrants to the market who are offering cement at prices up to 10 per cent below those of the country’s established manufacturers. The new players include Anhui Conch (1.55Mta), Pan Asia (2Mta), Siam Cement Group (1.9Mta), Cemindo Gemilang (4Mta) and Jui S...

Dangote Cement

29 April 2016, Published under Cement News

Dangote Group has signed a US$2bn loan with the Industrial Commercial Bank of China Ltd for its two new cement plans in Nigeria. Work has already begun on one factory in Okpella in the south of the country, which is due to start production in mid-2018. The plant, which is expected to cost US$1bn, will have a production capacity of 6Mta. A second works at Itori will boost the company’s capacity in Nigeria to 41Mta. Construction is also underway on Dangote’s new 3Mta plant in Cote d’Ivoire....

PT Indocement

29 April 2016, Published under Cement News

According to PT Indocement, its new plant in Citeureup, West Java, is due to be operational in 3Q16. The company has set aside IDR2.3trn (US$173.4m) from its 2016 capex to finish the IDR6.5trn project, with the remaining capex reportedly being used for maintenance activities elsewhere. Meanwhile, the company has acquired a stake in marine transport services firm, Lintas Bahana Abadi through its subsidiaries Bahana Indonor and Indomix Perkasa. The deal, which is worth US$2.1m, is expected ...