Cement News tagged under: new plant

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Birla HomeTech mulls Kurnool plant project, India

20 August 2014, Published under Cement News

Birla HomeTech are considering setting up a cement factory in the Kurnool district of Andhra Pradesh (AP). N Chandrababu Naidu, chief minister of AP, assured Birla HomeTech officials during a recent visit to discuss the new plant that the state government would help the company with the resources. He added that the  southeastern Indian state is rich in minerals and that the output from the cement plant could be used by the government for infrastructure projects, the New Indian Express rep...

Cemex Latam to build new cement works

15 August 2014, Published under Cement News

Cemex Latam Holdings is to invest around US$340m in building an additional cement works in Colombia.  The new plant will be built in the Antioquia department, which is enjoying good economic growth.  The first phase will include a grinding centre and should be completed during the second quarter of next year. The second, and final, phase is scheduled for completion during the second half of 2016. When completed, it should take company's Colombian cement capacity from around 4.5Mta to j...

Orient in strategic talks to acquire 2Mta plant

15 August 2014, Published under Cement News

Orient Cement is in talks with three companies to acquire a cement plant as part of plans to triple capacity by 2020, a senior company executive has said. Deepak Ketrapal, managing director of Orient Cement, told local press that "strategic discussions“ are being held to acquire a 2Mta cement plant. The names of the companies were undisclosed. Mr Ketrapal added that Madhya Pradesh and Chhattisgarh are the prime locations. The acquisition will form part of Orient Cement’s aim to boost cap...

Tongling Shangfeng to enter Kyrgyzstan

13 August 2014, Published under Cement News

Tongling Shangfeng Cement, a subsidiary of Gansu Shangfeng Cement, has signed a letter of intent to acquire an equity stake in Zeth Cement of Kyrgyzstan. The Chinese-based company aims to join forces with investor Zhu Rongjun to develop a cement and clinker line with a capacity of 3000tpd. Tongling Shangfeng will have a 58 per cent stake in Zeth while Zhu will hold the remaining 42 per cent.

PPC Barnet awards Sinoma DR Congo contract

11 August 2014, Published under Cement News

A new US$300m cement plant will be built in the Democratic Republic of Congo. The 1Mta cement works, owned by PPC Barnet DRC, will be located near Zamba, in the Cataracts district, around 230km from the capital Kinshasha. The construction of the plant is expected to take around 26 months to complete and will see the building of a fully-integrated works with a five-stage preheater kiln and inline calciner. To mark the inaugural phase of the project, PPC Barnet DRC signed an engineering,...

Pokot factory nearing construction phase, Kenya

07 August 2014, Published under Cement News

Construction is expected to start on the Pokot Cement Factory as the establishment of preliminary facilities gets underway. Governor of West Pokot, Simon Kachapin, said that the Indian investors behind the factory have been allowed to start setting up associated facilities such as housing for the workers who will construct the plant. The new 1.2Mta plant is being established by Cemtech Ltd, a subsidiary of the Sanghi Group of India. As part of the project, the group will also set up a 6...

Savannah Cement plans clinker line, Kenya

06 August 2014, Published under Cement News

Kenya-based Savannah Cement plans to establish a clinker line at an investment cost of around KES17bn (US$193.3m). The cement producer currently imports clinker for its plant based in Athi River, Standard Digital News (Kenya) reported. While plans for the new clinker line are still at an early stage, the Savannah Cement expects completion of the facility by the end of 2017. Ronald Ndegwa, Savannah Cement’s managing director, told reporters that the company is currently scouting four di...

Mongolia: Senj Sant receives EBRD loan

05 August 2014, Published under Cement News

The European Bank for Reconstruction and Development (EBRD) has signed a deal to loan Senj Sant US$65m for a new greenfield cement plant in southern Mongolia, about 450km from the capital Ulaanbaatar. The agreement, signed at a ceremony recently by EBRD First Vice President Phil Bennett, follows an earlier US$20m equity investment for a stake in Senj Sant agreed in May 2013. “This project represents yet another step towards the diversification of Mongolia’s economy,” Mr Bennett said at the...

McInnis Cement completes financing for Port-Daniel plant, Canada

04 August 2014, Published under Cement News

McInnis Cement has announced the completion of the financial structure for its cement plant in Gaspé, Canada. National Bank of Canada, as sole bookrunner of the bank syndicate, has confirmed the availability of a US$360m loan for the project. This amount is in addition to the US$500m in equity from private and public investors including the joint venture formed by the groupe Beaudier and La Caisse de dépôt et placement du Québec, as well as the participation of Investissement Québec (IQ). ...

Hanson plans Padeswood expansion, UK

30 July 2014, Published under Cement News

Hanson Cement has submitted plans for expansion of its packaging facilities at its Padeswood cement works in north Wales, UK. Just two years ago, the plant faced the threat of closure due to depressed construction levels. However the company decided to run the Padeswood works at half capacity in the hope the situation would improve. “We have three plants – one in Padeswood, one in Lancashire and one in Lincolnshire. We only really needed two and Padeswood would probably have been the one...