Cement News tagged under: new capacity

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PT Semen Indonesia

23 December 2015, Published under Cement News

PT Semen Indonesia expects to increase its production capacity from 28.5Mta in 2015 to 30Mta by the end of 2016. The growth is forecast to be driven by high domestic demand on the back of government infrastructure plans. According to the company, 2H15 saw domestic cement consumption increase by around eight percent, compared to the same period last year – a trend that is expected to continue into 2016. Next year the company hopes to see revenue growth of approximately five per cent through i...

Ethiopia: Habesha’s new plant project shows steady progress

22 December 2015, Published under Cement News

PPC recently announced that construction at the 1.4Mta works of Habesha Cement, Ethiopia, is well underway with overall project progress estimated at around 52 per cent. Civil construction at the plant, which will serve the Addis Ababa market, is 45 per cent complete and mechanical erection has started. Some 90 per cent of equipment has been manufactured to date and 70 per cent of this has been delivered to site, according to the South African parent company, which holds a 51 per cent sta...

Nepal approves Chinese US$140m cement plant

21 December 2015, Published under Cement News

Nepal has endorsed a foreign direct investment (FDI) proposal by China’s Huaxin Cement Co to establish a cement plant in Nepal. The US$140m cement works project is in partnership with Narayan Cement Co. In July, the country also approved a US$360m FDI proposal by China’s Hongshi Holdings Ltd to build a domestic cement works in partnership with Nepal’s Shivam Cement.

Thailand’s SCG to invest US$200m in Cambodia building materials sector

21 December 2015, Published under Cement News

Siam Cement Group (SCG) will invest US$200m to expand its operations in Cambodia between 2016-20. The company will focus on the cement and building materials sectors, which have strong potential to grow amid the Cambodian government's policy of ramping up infrastructure projects, said Kan Trakukhoon,  president and CEO of SCG. "SCG sees Cambodia as one of the more interesting Asean members, with a high economic growth rate," Mr Trakulhoon said.

CIMAF to start up Rep Congo works in January

16 December 2015, Published under Cement News

January 2016 will see the start of operations at CIMAF’s Hinda works in southern Republic of Congo, according to the country's Industrial Development and Private Sector Promotion Minister, Isidore Mvouba. He reported the construction work at the new plant is now finished and the 0.5Mta facility is now ready for its official inauguration by Congo's President, Denis Sassou Nguesso.

China’s ICBC and Anouar sign US$171m financing agreement

14 December 2015, Published under Cement News

Morocco’s investment group Anouar Invest has signed a financing agreement with the Industrial and Commercial Bank of China (ICBC) in the amount of US$171m for the construction of a cement works in Settat, Morocco. The project’s MAD2bn (US$203m) engineering, equipment and construction contract was awarded to Sinoma-CDI, which expects the new plant to be up and running by the end of 2018. Anouar Invest is also building a cement unit in Laâyoune.

PT Semen Indonesia

01 December 2015, Published under Cement News

Despite a number of government infrastructure projects finally getting underway, Semen Indonesia does not expect its 2015 sales to exceed the 26.6Mt recorded last year. January to October 2015 saw the company’s cement sales fall by two per cent, compared to the same period in the previous year. October alone, however, saw sales pick up by 10 per cent to 2.7Mt, compared to the previous month. This mirrors recent data from the Indonesian Cement Association, which reported a 10.7 per cent advan...

US Cement’s new Brady plant moves closer to Brady City Council approval

23 November 2015, Published under Cement News

US Cement is another step closer to building its new cement works in McCulloch County, Brady, Texas. The Brady City Council has authorised two proposed sales tax rebate incentives for a proposed cement plant that would be built in McCulloch County. The city sales tax rebate economic development incentive for the proposed plant would not exceed US$297,000 over nine years, or up to US$33,000 per year. The Brady Economic Development Corp incentive would be a one-time payment of US$250,00...

Morocco: Anouar Invest starts construction on second cement works

20 November 2015, Published under Cement News

Moroccan holding company Anouar Invest announced the start of construction of a new cement works at Laâyoune. Located in Foum El Oued, the new Cimsud plant represents an investment of MAD300m (US$29.98m) and will have a capacity of 0.5Mta. The unit is expected to come online in July 2017. Anouar Invest has also launched work on a 2.2Mta cement plant in Settat, via its subsidiary Atlantic Ciment. The MAD3bn facility is scheduled to enter production at the end of 2018.

Medcem's single-line ambition

12 October 2015, Published under Cement News

The Medcem cement plant, a greenfield investment by the Eren Holding Group, launched operations earlier this year to become the latest addition on the Turkish cement production map. Strategically located on the Mediterranean coast of southern Turkey, the 4.5Mta single-line integrated works has its own port facilities, enabling it to serve domestic markets as well as make its mark on the export front. By Medcem Cement (Eren Holding Group), Turkey. Eren Holding Group's new Medcem works ...