Cement News tagged under: new plants

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New plant investments in Zimbabwe

31 March 2020, Published under Cement News

Livetouch Investments is set to invest around US$15m towards the construction of a cement plant in Hwange, Zimbabwe. Sino-Zimbabwe Cement Co is also planning to set up a plant in a similar location, according to The Sunday News. Livetouch is reportedly at an advanced stage of obtaining an Environmental Impact Assessment certificate. The location of the plant is due to its close proximity to a coal source. Elsewhere, Ndumiso Mdlalose, local board town secretary for Hwange, confirmed tha...

Shree Cement is closing in on 50Mta of cement production

07 February 2020, Published under Cement News

This week it was announced that Shree Cement would enter the market of western India within the next six months . The company is preparing to open a new 2.5Mta grinding plant in Pune, Maharashtra with an investment of US$87.8m. The new plant will receive clinker from its plant in Kodla, Karnataka. Shree Cement has been expected to go on a growth path. As recently as November 2019 it raised more than US$278.36m through a qualified institutional placement (QIP) offering, which was underst...

Vietnam to add 7.1Mta of cement capacity in 2020

31 January 2020, Published under Cement News

Two new cement plants in Vietnam will go into operation this year, according to Nguyen Quang Cung, president of the Vietnam Cement Association. The first is in Tan Thang commune, the central province of Nghe An, with a capacity of 2-2.5Mta, while a second new plant is being built in Bim Son commune, Thanh Hoa province, with a capacity of 4.6Mta. Vietnam’s Ministry of Construction forecast that cement sales would increase by around five per cent to reach 103Mt in 2020, around 70Mt of which w...

ASI calls for moratorium on issue of new cement plants in Indonesia

02 January 2020, Published under Cement News

The Indonesian cement industry has called on the government for a moratorium on issuing construction permits for new cement plants for the next five years as the local market has an excess of 25Mta of capacity. As reported in the local press, Widodo Santoso, chairman of the Indonesia Cement Association (ASI) said: "This is a warning to the government, and here it refers to the Investment Co-ordination Agency (BKPM). Until 2024, it's best that no new construction permit will be issued for n...

Punjab to ease issuance of NoC for cement plant in province

16 December 2019, Published under Cement News

Pakistan's cement industry welcomes the provincial government of Punjab's move to ease the processes of approval in setting up a cement plant in province. According to media reports, Provincial Minister for Industries and Trade, Mian Aslam Iqbal, has said that the Punjab government has lifted the 12-year ban on the cement industry, which is expected to see an improved performance and contribition to the national economy. A dedicated task force with key people in the ministry's industries ...

Ban on new cement plants lifted for Punjab

13 December 2019, Published under Cement News

The Provincial Minister for Industries & Trade, Mian Aslam Iqbal, has announced that the government for Punjab, India, has lifted a ban on the cement industry after 12 years. The minister revealed this while presiding over a meeting that was held to review investment in the cement industry and installation of new plants in the province, according to the Business Recorder. Mr Iqbal noted that months were spent in getting a no objection certificate (NoC) for setting up new industries. A ...

Turkmenistan president calls for three more cement plants

22 November 2019, Published under Cement News

Turkmenistan’s President Gurbanguly Berdimuhamedov has instructed the Türkmensenagat State Agency that three new cement plants must be built in the country through foreign investment. President Berdimuhamedov stated the plants are required to satisfy domestic and export demand for cement, while also highlighting the necessity to reconstruct outdated enterprises.

HeidelbergCement outlines plans to raise Indian capacity

19 November 2019, Published under Cement News

HeidelbergCement is expecting to take both organic and inorganic routes to increase capacity to 20Mta from 12Mta in India, according to The Hindu. "We are looking for cement companies with a capacity ranging from 5-10Mta," said J N Cooper, managing director of HeidelbergCement’s Indian operations. “We are in talks with cement firms that do not want to get into the National Company Law Tribunal. But we are unable to give more details.” Regarding pending projects, he said the company is awai...

Thai Boon Roong Cement plant is inaugurated

15 November 2019, Published under Cement News

Cambodia inaugurated its fifth cement plant yesterday when Thai Boon Roong Cement plant's start-up was celebrated in southwest Kampot, Cambodia. The US$110m intergated cement plant will add 1Mta or 2500tpd to the country's cement capacity.  The plant is built on 678ha of land. The inauguration was carried out by Prime Minister, Samdech Techo Hun Sen, who said  "It is the fifth cement plant in Cambodia, bringing the total cement production capacity in the kingdom to about 8Mta." Minister of...

Overcapacity in Zambia continues unabated

04 October 2019, Published under Cement News

This week, CemNet reported that the cement industry in Zambia has so much overcapacity that Lafarge Zambia has been forced to raise its prices in an attempt to stay in business. While domestic cement consumption stands at approximately 2.2Mta, the cement industry has a production capacity of about 5Mta and continues to expand. Government support for cement sector Zambia's ZMW106bn (US$8.1bn) 2020 budget will provide some relief for the sector as spending plans include ZMW1.1bn for po...