Cement News tagged under: new plant
Confidence Cement plans new Palash plant01 February 2018, Published under Cement NewsConfidence Cement Ltd (CCL) has informed Dhaka Stock Exchange (DSE) on 31 Janusary that its Board of Directors has decided to invest a second cement plant with a capacity of 5000tpd to be named as Confidence Cement Dhaka Ltd and will be located at Palash, Narshingdi, Dhaka. Confidence Cement will have 50 per cent shareholding in Confidence Cement Dhaka Ltd and rest by other investors. The Company has also informed that the Board of Directors have agreed to invest in the new Power Plan... |
Anhui Conch seeks finance for Ulyanovsk plant31 January 2018, Published under Cement NewsAnhui Conch Cement Company Ltd requires US$500m from financial institutions to bring its plan for a cement in Russia to fruition, according to Xu Yue, Anhui Conch's minister of equipment. Anhui Conch Cement signed an agreement with Ulyanovsk Oblast Development Group to develop the project together on 19 July 2016 and a joint venture was agreed in December 2016. Anhui Conch concluded that Ulyanovsk State's cement project was the best of a number of possible cement projects along the Federal... |
Plans for new plant in Kyrgyzstan31 January 2018, Published under Cement NewsA new cement plant is to be constructed in Jalal-Abad, Kyrgyzstan. The facility is part of a wave of new investments in the country this year, which is expected to total US$2bn. The project itself represents an investment of US$140m by Chinese investors, according to Central Asia News. The plant is expected to complete the construction stage within two years, and have a capacity of 1.3Mta. Currently, China Energy Reserve and Chemicals Group is completing procedural questions about the sourc... |
Lucky Cement may opt for Pezu expansion29 January 2018, Published under Cement NewsLucky Cement of Pakistan has announced that in view of the continued delay in expansion plant for north, the company is evaluating for brownfield expansion of 2.3Mta at its existing plant location in Pezu, Lakki Marwat district, in the Khyber Pakhtunkhwa province. The company's 2.3Mta fully-integrated greenfield works in Punjab province is currently awaiting approval from the Punjab government to start construction, said the company in a bourse filing. Therefore, Lucky Cement is conside... |
Hongshi Holding issues bond for cement plant project24 January 2018, Published under Cement NewsHongshi Holding Group Co Ltd has issued a "Belt and Road" (B&R) construction corporate bond on the Shanghai Stock Exchange (SSE), which was also the first B&R construction corporate bond publicly offered by an enterprise from Laos. The raised funds will be used in the purchase of relevant equipment for the Hongshi cement project in Vientiane, Laos. As one of the major B&R construction projects involved by Zhejiang's enterprises, the new cement plant was included in the "Collection of Majo... |
Big Boss Cement to prove concept to Board of Investments22 January 2018, Published under Cement NewsHenry SY JR's Big Boss Cement Inc (BBCI) failed to get initial approval after the Philippine Board of Investments (BOI) denied its first application, because it lacked 'proof of concept'. BBCI President, Gilbert Cruz, said they filed a motion on Friday for reconsideration to the BOI to show their proof of concept. According to Mr Cruz, BBCI's initial application filed last year was disqualified by BOI because their process does not produce clinker. Mr Cruz, who claims to have tweaked the ... |
Big Boss Cement launched in Manila11 January 2018, Published under Cement NewsA new cement business, Big Boss Cement Inc, was launched in Manila, Philippines, on Thursday, according to ABS-CBN News. The company plans to use lahar or other volcanic debris to produce cement, since the process requires less heat than conventional raw materials and therefore, will reduce CO 2 emissions. The chairman of Big Boss Cement, Henry Sy Jr, also serves as chairman of SM Prime Holdings. "There’s a huge demand for cement. The company believes we should be able to fill in the d... |
New 7500tpd line planned for Haripur09 January 2018, Published under Cement NewsPakistan Army's affiliated department Frontier Works Organization (FWO) plans to set up 7500tpd production line at Bandi Muneem, Haripur KPK, Pakistan. The organisation added that the department is in the process to appoint a consultant to render consultancy services for the proposed project. FWO is a major civil engineering construction company of Pakistan, which is expected to use the output of the plant for its own use and for distribution in the local market. Pakistan's ... |
New plant to open in Cambodia03 January 2018, Published under Cement NewsChip Mong Insee Cement Corporation plans to have its 2Mta plant in Kampot province fully operational early this year, according to Khmer Times. The company signed a partnership agreement with Citic Heavy Industries Company in 2016 to build the plant for US$262m. “It will produce two kinds of cement: Camel and Diamond Insee cements,” said Suy Sem, Minister of Mines and Energy in Cambodia. The total cement demand within Cambodia is expected to reach 5Mta within this year. |
Dangote Cement Nepal is denied mining licence02 January 2018, Published under Cement NewsDangote Cement Nepal Pvt Ltd has lost its attempt to win an open bid for a mining licence in Nepal. It has been technically disqualified for the detailed exploration of three limestone mines, after its proposal lacked details about the experienced hands needed for such work. However, Dangote group General Manager, Hikmat Thapa, said: “We are saddened by news that we are disqualified technically.” The Investment Board Nepal (IBN) had approved the investment in 2013 following an assessment... |