Cement News tagged under: new capacity
Indonesia: new Indocement plant commissioned21 October 2016, Published under Cement NewsIndonesia’s Minister of Industry, Erlangga Hartarto has commissioned a new cement plant of PT Indocement Tunggal Prakarsa Tbk in Cileungsi, Bogor District, West Java. "The government appreciates the use of high technology in the new factory, with an annual production capacity of 4.4Mt,” the minister said. The unit represents an investment of IDR5.6tn, a reflection of the country’s attractiveness to investors, he added. Mr Erlangga said Indonesia produces 60Mta of cement with an insta... |
Argos Honduras to add capacity at San Lorenzo20 October 2016, Published under Cement NewsColombia’s Cementos Argos has announced plans to construct a new cement plant in San Lorenzo, Valle, southern Honduras. The project represents an investment of US$25m. “Argos will consolidate its presence in the country with this operation. The grinding capacity of San Lorenzo is 300,000tpa and we will manufacture grey cement, with major emphasis on general use,” said Harry Abuchaibe, Argos director for Honduras. The San Lorenzo plant, formerly known as Grinding Station CeSur, was acq... |
CIMAF to open third plant in Cote D’Ivoire20 October 2016, Published under Cement NewsCiments de L’Afrique (CIMAF) has announced it will establish a third cement plant in Côte d’Ivoire, raising its capacity in the West African country to 2.3Mta by 2017. The new grinding plant will have a capacity of 350,000tpa and will be located at Bouaké in the north of the country. The project, representing an investment of XOF12bn (US$20.1m), will allow the company to improve availability of its cement in the domestic market. CIMAF expanded its Abidjan grinding works to 1Mta i... |
Venezuela: Peña mini-plant expected online in 1Q1720 October 2016, Published under Cement NewsThe new cement plant currently under construction in Barranco Amarillo, Peña, Yaracuy state, has been completed 70 per cent and is expected to enter service in the first quarter of 2017, according to the Yaracuy government. Following commissioning, the mini plant, which represents an investment of US$15m, is expected to produce 4.5m cement bags per year destined for public works projects. Yaracuy State Governor, Julio León, said during an inspection of the plant: "It is expected that ... |
Indonesia: September figures weaker11 October 2016, Published under Cement NewsDue to a lower demand from the domestic housing industry, Indonesian cement sales for the month of September fell 3.3 per cent to 5.64Mt compared to September of 2015, according to the Indonesian Cement Association (ASI). Cement sales fell in Java, Sumatra and Kalimantan, while eastern parts of the country including Sulawesi, Maluku and Papua saw growth, reports Widodo Santoso, ASI chairman. Java sales amounted to 3.11Mt for the month, a drop of five per cent YoY, Sumatra saw a decline of... |
New 1.5Mta cement plant for Mali19 September 2016, Published under Cement NewsMali's government and Gaia Equity Ltd have signed on 16 September a memorandum of understanding and an establishment agreement for the construction of a 1.5Mta cement plant in the country. The CFA200bn (US$330m) works will be built Guimbané, Diéma, in the Kayes region. The new plant is part of the government’s efforts to establish an industrial base in the country, according to the Minister of Industrial Development, Mohamed Aly Ag Ibrahim. “… it is a realisation of part of the vision of t... |
Paraguay set for increased competition14 September 2016, Published under Cement NewsCompetition in the Paraguayan cement market is expected to intensify following the announcement by Italy’s Colacem that it will invest US$220m in new production facilities in Concepción. Environmental impact studies are expected to start very shortly with construction of the 1.5Mta plant scheduled to begin in 1H17. The new plant will help to drive domestic cement prices down as well as increase supply to sufficient levels to enable cement exports from the Latin American country. |
Pakistan: Maple Leaf expansion plans14 September 2016, Published under Cement NewsMaple Leaf Cement Factory Ltd announced that its board of directors has approved an additional dry-process clinker production line (No. 3) at its existing plant site in Iskanderabad District, Mianwali, Pakistan. The new line will operate at a capacity of 7000tpd, pushing grey cement production at the plant to 17,700tpd. The project is expected to cost PKR20bn (US$191m) with aims to be completed within 26 months. This expansion announcement follows an earlier notification that the compan... |
Ecocem invests EUR30m in new JV plant06 September 2016, Published under Cement NewsIreland’s Ecocem has invested EUR30m into a new production plant in the north of France as part of a joint venture with ArcelorMittal, the world’s largest steel company. The joint venture, in which Ecocem holds a 70 per cent stake, will increase the company’s capacity from 1.4Mta to 2Mta. The high-performance, low-carbon cement will be delivered to markets in the north of France and the UK. The step is the latest in Ecocem’s expansion from the UK. Earlier Ecocem built an import termin... |
Pakistan: DG Khan sees profit up 15%, expands capacity by a further 2.2Mta01 September 2016, Published under Cement NewsPakistan cement producer DK Khan Cement Co announced a 15 per cent YoY rise to PKR8.79bn (US$83.9m) in its profit after tax in FY16 from PKR7.624bn in FY15. Its sales rose to PKR29.703bn from PKR26.104bn in FY15bn and cost of sale increased PKR17.035bn from PKR16.649bn in the same period. Along with financial results, the company also announced a full and final cash dividend of PKR6.0/share, making the payout to 30 per cent. The company also announced a brownfield cement capacity expans... |