Cement News tagged under: new plant

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Eurocement inks US$500m Chinese supply deal

21 May 2014, Published under Cement News

Russian cement major Eurocement Group has signed a package of contracts with Chinese companies for equipment supply, engineering, installation supervision and employee training services, totalling over US$500m. The contracts were signed with units of China’s Sinoma, CNBM, and Sinomach. “The contracts signed 20 May 2014 imply a delivery of a complete set of equipment necessary for the construction of new production lines for the production of cement using the so-called dry method,” a press r...

Orient inks project finance for greenfield plant

21 May 2014, Published under Cement News

Khaitan & Co has advised Orient Cement on loan facilities worth US$200m from a syndicate of lenders led by State Bank of India. The loan is to finance the development of a 3Mta greenfield integrated cement plant along with a 45MW captive power plant at Gulbarga, Karnataka. Partner Shishir Mehta and associate partner Kumar Saurabh Singh acted as legal advisers to Orient Cement.

Plans for new Kenyan plant in the pipeline

19 May 2014, Published under Cement News

Construction materials supplier Karsan Ramji & Sons plan to set up a new cement production facility in Kenya. The KES426m (US$4.9m) plant is expected to produce an average of 700tpd for sale both locally and within the regional market, according to The East African. Karsan’s factory will be located in Athi River near other established cement producers ARM Cement Ltd, Savanna Cement Ltd, East Africa Portland Cement Company and Bamburi Cement Ltd. Envasses Environmental Consultants Ltd said ...

Construction begins on new Ecebol greenfield plant, Bolivia

16 May 2014, Published under Cement News

Bolivia’s president, Evo Morales has kick-started construction of Empresa Pública Cementos de Bolivia's (Ecebol) new 1.3Mta cement works in  Jeruyo, Caracollo in the country’s Oruro department. The contract for the greenfield plant has been awarded to Spanish-German consortium Polysius-Imensa-VSM-Sacyr. The state-owned cement factory, which will be situated at 4000m above sea level on 74ha site, carries a price tag of US$306m. According to a study by Sergeotecmin, the site has 87.3Mt of li...

Contract for new CMS grinding unit set to be signed

16 May 2014, Published under Cement News

The contract for CMS Cement’s new MYR190m grinding plant project on Sarawak, Malaysia, is due to be signed early next month, according to group managing director, Richard Curtis. Speaking to The Star (Malaysia), Mr Curtis said the new 1Mta grinding plant  is expected to be more efficient in production compared with the two existing plants as it would be equipped with the latest technology. The grinding facility is to be situated adjacent to CMS’ Mambong clinker line which has also recently...

Mamba Cement to build new South Africa plant

14 May 2014, Published under Cement News

Nedbank Capital and the Bank of China Johannesburg have jointly announced the raising of debt capital to fund a new entrant into the South African cement industry. The project is being undertaken by the Mamba Cement Company, a special purpose vehicle established to construct and operate the cement production facility and mine the limestone. The equity required for the project was provided by the Jidong Development Group (majority shareholder in the project), the China-Africa Development...

Myanmar Jidong Cement Co to build 5000tpd plant

05 May 2014, Published under Cement News

Myanmar Jidong Cement Company, a subsidiary of China's Tangshan Jidong, has countered claims that local communities in Hpa-an, Karen state, Myanmar, are opposed to the construction of the company's 5000tpd plant in the area. "We have the backing of the locals," he told the Democratic Voice of Burma news service. "Now, we are applying to the Karen State government. After it agrees, we will send an application to the MIC, and start construction of the factory after we receive permission." ...

Senj Sant to receive US$65m EBRD loan for Mongolia plant

02 May 2014, Published under Cement News

Mongolia’s Senj Sant is building a greenfield cement plant in southern Mongolia to meet the growth in demand generated by the country’s rapidly-expanding economy. Part of a May 2013 financing package, the project has now received further financing by the European Bank for Reconstruction and Development (EBRD), which is extending a US$65m loan to the company. The package included a US$20m equity investment in Senj Sant, which is owned by the Monpolymet Group.  During the signing ceremon...

Understanding dependency

22 January 2014, Published under Cement News

In the first of a two-part Technical Forum, Dr Clark considers the complex dependencies involved in delivering a successful cement project. He uses a fictional cement company and country to illustrate those dependencies leading up to the placing of a contract and the contract effective date. In the second part, next month, the dependencies between the contract effective date and handover will be elaborated. The project goal is clear – to establish an 8000tpd cement factory and to sell...

UltraTech in talks for two plant projects

12 December 2013, Published under Cement News

UltraTech Cement is planning to invest the construction of two cement plants in the northern Indian state of Uttarakhand. The Industrial Development Department of Uttarakhand has reportedly signed a Memorandum of Understanding with India’s largest cement producer for a 3.5Mta plant in Tuni and a 2Mta plant in Someshwar. Chief minister of Uttarakhand, Vijay Bahguna, said: "The setting up of these two major plants in the field of cement manufacturing, in these two socially and economical...