Cement News tagged under: new plant

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IME Group plans new NPR10bn plant in Nepal

29 March 2019, Published under Cement News

IME Group, a Nepal-based business conglomerate, has announced plans to invest NPR10bn (US$89.89m) for a cement plant in Chormara, Nawalparasi. "We decided to venture into the cement industry after forecasting the increasing demand for cement in the future," said Chandra Dhakal, chairman. "The demand for cement will exponentially rise in the coming years as the local governments will be focusing on infrastructure development." As such, the company has already acquired around 10.5ha of l...

Bulacan plant wins tax incentives for new kiln line

29 March 2019, Published under Cement News

Holcim Philippines has secured tax incentives for its new kiln line in Bulacan province. The Board of Investments approved the company's application to register as a new cement producer for its Bulacan Line 3 project which will raise the cement capacity of the company to 2.478Mta. The tax incentives include income tax holidays of up to six years from commercial operations for pioneer companies and four years for non-pioneer firms. The Bulacan Line 3 project is part of a US$300m investment ...

Pengfei Group completes order for Alasim Cement

29 March 2019, Published under Cement News

Pengfei Group's first batch of cement equipment has arrived at the Khorgos Customs in Xinjing province and leaving for the Alasim Cement plant project site in Kazakhstan. Pengfei Group of China and Alasim Cement Co Ltd. signed an EPC turnkey project for a 1.2Mta kiln line. The project covers all supporting contents such as engineering design, construction engineering, mechanical and electrical equipment, installation materials, and compliance commissioning. The project forms part of the 'O...

New limestone discovery in Zambia attracts cement plant interest

29 March 2019, Published under Cement News

The recent discovery of limestone in Nyimba district, Zambia, is anticipated to attract cement plant investors to the mineral resource-rich district, Eastern Province regional mining survey officer Brian Nyambe has said. An investor has since expressed interest to set up a cement plant in the district. Zambia currently has four integrated and one grinding plant, with a total cement capacity of approximately 3.6Mta.

Ethiopia launches new 2.25Mta cement plant

28 March 2019, Published under Cement News

Abay Cement has officially launched the construction of its plant in Dejen district of the Amhara region. The construction of the plant will cost ETB8.8bn (US$306m). Dr Ambachew Mekonnen, president of the Amhara regional state, as well as other government officials were present during the launching ceremony. The construction of the plant, which is estimated to take two years to complete and four more months to complete, will have a production capacity of 2.25Mta of cement. Abay Cement is e...

Livetouch Investments plans new US$30m plant in Zimbabwe

27 March 2019, Published under Cement News

Livetouch Investments has announced plans to invest US$30m for a new plant in Hwange, Zimbabwe. The facility is expected to be set up by the end of the year and would run alongside the company’s other plant in the area, which was inaugurated in 2017 . "Our medium-term plan is to put another plant in the Hwange area, which will produce 100,000t of cement per year. We are expecting to commit US$30m into this project," said Dongning Wang, CEO, in an interview with NewsDay. The Chinese compa...

New cement facility inaugurated in Iran

20 March 2019, Published under Cement News

Monde Dashti Cement’s new 1.2Mta cement production unit has been inaugurated by Iranian President, Hassan Rouhani, through a video conference, according to the Tehran Times.  The plant based in Bushehr province represents an investment of around IRR3.8trn (US$90.48m) and has created over 170 job opportunities.

Sinoma reportedly seeking finance for new DR Congo plant

13 March 2019, Published under Cement News

CNBM’s Sinoma Overseas Development Co is reportedly seeking project finance for a cement plant in Tanganyika, Democratic Republic of Congo. In January the company signed an EPC contract with Interlaces SA for a 3500tpd plant. The outlined project includes mining, three cement production lines, a biomass power station as well as packaging and delivery systems. According to Inside International Industrials, the project will be slightly larger than one completed by Sinoma International Enginee...

Foundation stone laid for second Chinese cement plant in Nepal

06 March 2019, Published under Cement News

Huaxin Cement plant, a Chinese-Nepali joint venture, at Benighat Rorang Rural Municipality in Dhading, Nepal laid the foundation stone for its new plant on 1 March 2019. Nepal's Speaker of House of Representatives, Krishna Bahadur Mahara (1st R), and Vice President of China's Huaxin Cement, Xu Gang (2nd R), attend the foundation stone-laying ceremony. This is the second plant for the Chinese-Nepali joint venture in the domestic cement industry after Hongshi-Shivam Cement, formally began...

Construction to begin on Nepali-Chinese joint venture

01 March 2019, Published under Cement News

Huaxin Cement Narayani, a Nepali-Chinese joint venture, is set to begin construction on its facility in Dhading district, Nepal, within the next few days. "The promoters of the company have informed us that they will lay the foundation stone on Friday and start the construction," said Uttam Bhakta Wagle, spokesperson at the Investment Board Nepal (IBN). The company has already acquired a limestone mine from the country's Department of Mines and Geology through a global tender for NPR60...