Cement News tagged under: new capacity

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Dangote Cement

29 March 2016, Published under Cement News

Dangote Cement has reported a 14 per cent rise in profit in 2015, up from NGN159.5bn (US$801m) in 2014 to NGN181.32bn (US$910m), driven by new plants and price reductions. The last two years have seen the company open six new facilities across Africa, all of which have performed well, increasing sales volumes by 35 per cent as well as gaining valuable market share.  September 2015 saw Dangote implement a price cut in its home market of Nigeria to boost consumption and compete with imports...

Chad builds second cement factory

29 March 2016, Published under Cement News

Chad Prime Minister, Pahimi Padacké Albert, has laid the first stone for the country's second cement plant. The new works will be located in the southwest, at Ngara. Production capacity in the first year is reported to be 0.5Mt, with an option to upgrade to 1Mta. It is forecast that construction works, carried out by a Chinese contractor, will take 12 months and carry a XOF30bn (US$60m) price tag. The new plant will support the country’s cement requirement and follows the unit current...

Huaxin Gayur-Sughdcement 1Mta works commissioned

23 March 2016, Published under Cement News

The commissioning of the new 1Mta Huaxin Gayur-Sughd Cement plant took place on 23 March 2016 in northern Tajikistan. The inauguration ceremony was attended by the country’s President Emomali Rahmon. The plant was built by the Tajik Ghayur-Sughd Cement Co in partnership with the Chinese Huaxin Gayur Cement company. Construction of the plant started in 2014 on a 48ha site and represents a total investment of TJS1bn (US$127m). A 25MW hydroelectric power plant was also built to provide a sta...

Ambuja Cement prepares for 6-7% growth in 5 years

22 March 2016, Published under Cement News

India’s second-largest cement producer, Ambuja Cement, expects cement demand to grow by 6-7 per cent in the next five years as the Indian government ramps up infrastructure investment. In 2015 the domestic cement sector expanded by 1-2 per cent. To meet this future demand, the company plans to build an integrated cement works at Marwar Mundwa in Nagaur district, Rajasthan, with associated grinding units at Osara, Madhya Pradesh, and Dadri, Uttar Pradesh. The two projects reflect an invest...

ACC forecasts 6% demand growth in 2016

22 March 2016, Published under Cement News

India’s ACC predicts domestic cement demand to rise by six per cent in 2016 as spending on housing and infrastructure increases. The company’s clinker and grinding facilities in Jamul and Sindri are nearing completion, with commissioning expected in April-June.

New 1Mta line starts up at San Sebastian de los Reyes, Venezuela

07 March 2016, Published under Cement News

Venezuelan President, Nicolas Maduro, has inaugurated a new line at the San Sebastian de los Reyes cement plant, owned by Industria Venezolana de Cemento (Invecem). The new line will increase Type I cement production by 1Mta in the country, helping to supply cement to infrastructure projects and the Gran Misión Vivienda housing programme. The Sino-Venezuelan project represents an investment of US$168m.

Côte d'Ivoire: CIMAF inaugurates expansion project

03 March 2016, Published under Cement News

Ciments de l’Afrique (CIMAF) on Tuesday inaugurated the completed expansion of its cement unit at Abidjan in Côte d’Ivoire in the presence of the country’s Prime Minister, Daniel Kablan Duncan. The project included the construction of a clinker silo, new raw material buildings, a grinding unit and cement storage and will take the plant’s total capacity from 0.5Mta to 1Mta. The project represents an investment of XOF20bn (US$33m). As a result, Côte d’Ivoire’s total cement capacity increase...

Dangote Cement

02 March 2016, Published under Cement News

Dangote’s announcement to build two new cement plants in Nigeria pushed the company’s share price up sharply earlier this month. The first plant, on which construction has already begun, is to be located in Okpella, Edo State. The US$500m works will have one line, adding cement production capacity of 3Mta. The second facility, to be built in Itori, Ogun State, will add a further 6Mta with two production lines. The extra 9Mta of capacity will raise the company’s local output from 29.25Mta to ...

Spain: Cementos Molins 2015 profit up 65% YoY

01 March 2016, Published under Cement News

Cementos Molins posted a consolidated net profit of EUR50.8m in 2015, representing a 65 per cent rise YoY. The Spanish cement producer’s overseas companies saw profits rise by 9.3 per cent to EUR64m while the domestic arm continued to note net losses despite a 52.6 per cent YoY improvement. Cementos Molins is currently investing in production units in Mexico, Bolivia and Colombia.It is building a new production line in its Apazapan works in Mexico while in Bolivia the construction of a cem...

Foundation stone laid for Emami Cement's grinding plant, India

29 February 2016, Published under Cement News

The foundation stone for the Emami Cement's new grinding plant was laid by Chief Minister Mamata Banerjee in Panagarh, West Bengal, on Saturday. "The 2Mta capacity unit is to be located at WBIDC Panagarh Industrial Park in Burdwan district of West Bengal at an investment of INR500 crore [INR5bn/US$73m]," a statement by Emami Cement said. The plant is expected to be commissioned by end of the 2016," it added. The company is also currently setting up a 4Mta integrated cement project consist...