Cement News tagged under: new plant
Vietnam cancels five plant projects from Master Plan05 September 2014, Published under Cement NewsVietnamese Prime Minister, Nguyen Tan Dung, has approved a proposal by the country’s Ministry of Construction to cancel five cement projects from the industry’s Master Plan 2011-2020. The five projects, which have a combined capacity of 0.91Mta, are Cao Duong, Cho Moi, Viet Duc, Long Tho and Ngan Son. The government leader earlier had approved a proposal by the Vietnam Building Material Association to remove nine cement projects from planning to keep capacity in line with demand. The p... |
India: Ramco to set up new Andhra Pradesh plant02 September 2014, Published under Cement NewsChennai-based Ramco Group is planning to establish a cement plant in Kurnool district, Andhra Pradesh (AP). A Ramco delegation headed by company Vice Chairman, PR Venkata Ramaraja, met with AP Chief Minister N, Chanadrababu Naidu, and indicated an interest to set up the cement plant with an investment outlay of INR5bn. The Ramco team requested the State Chief Minister provide necessary land to develop the plant and to facilitate the necessary clearances to develop the rail line as this... |
ZETH breaks ground on Kyrgyzstan plant01 September 2014, Published under Cement NewsThe ground ceremony for a new cement plant in northern Kyrgyzstan was held on Friday by ZETH Cement, a local subsidary backed by Chinese investors. The project will be located in Kemin, Chui province, about 13km east of the Kyrgyz capital, Bishkek, according Sun He, business counselor with the Chinese Embassy in Kyrgyzstan. Speaking at the launch ceremony for the construction of the project, Kyrgyz First Vice Prime Minister Tayirbek Sarpashev said he was confident that the plant would not ... |
Bhutan: feasibility study completed for new plant26 August 2014, Published under Cement NewsThe feasibility study for a new cement plant in Bhutan has been completed, marking the first such proposal to receive the go-ahead in the Zhemgang district. The proposed cement works must now obtain clearances from the Department of Geology and Mines and National Environment Commission. Should the project proceed as planned, the cement plant will be located at in an area called Nyge-zer in Digala Chiwog under the Bardo Gewog region. The plant has been approved because of the socio-econ... |
Sephaku Aganang works launches clinker production25 August 2014, Published under Cement NewsDangote subsidiary, Sephaku Cement (SepCem), launched clinker production at its integrated Aganang plant on 20 August 2014, the company confirmed in an operational update. This follows the announcement on 13 August 2014 on the completion of the hot commissioning of the plant. The first consignment from Sephaku's flagship works in Northwest Province, South Africa, will be delivered to the company's Delmas grinding unit Mpumalanga. To-date, SepCem has been purchasing clinker to mill at Delm... |
FLSmidth wins DR Congo plant project21 August 2014, Published under Cement NewsFLSmidth has won a contract worth EUR68m from Nyumba Ya Akiba SARL to supply a complete package of equipment and engineering for a greenfield cement plant in the Democratic Republic of Congo. The plant will be located in the province of Bas-Congo, approximately 250km west of the capital Kinshasa. Nyumba Ya Akiba SARL is a joint venture between Pakistani Lucky Cement Ltd and the Rawji Group of the Democratic Republic of Congo. The parties are well established players in the cement industry ... |
Moody's: WCC results in line with expectations21 August 2014, Published under Cement NewsMoody's Investors Service says that West China Cement Ltd's (WCC) first-half results are in line with Moody's expectations. As a result, WCC's B1 corporate family and senior unsecured ratings remain unchanged. "WCC improved its profitability and financial leverage in 1H 2014, despite a moderation in revenue growth, due to slowing cement demand," says Jiming Zou, a Moody's Assistant Vice President and Analyst. During 1H 2014, WCC achieved a 1.5 per cent YoY growth in sales, which was do... |
Birla HomeTech mulls Kurnool plant project, India20 August 2014, Published under Cement NewsBirla 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 works15 August 2014, Published under Cement NewsCemex 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 plant15 August 2014, Published under Cement NewsOrient 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... |