Cement News tagged under: new plants

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A rejuvenated Kazakhstan cement market?

12 April 2019, Published under Cement News

This week Steppe Cement reported its 1Q19 business results with an exceptionally-strong performance when compared with the 1Q18. The market leader increased its market share to 17.4 per cent on the back of strong cement demand and price rises. Steppe Cement reported ex-works prices rising to KZT13,614/t (US$35.93/t) of cement. Ambitious construction projects drive cement demand Underlying the sudden upward trend in Kazakh cement demand is the country’s housing boom and investment in l...

Profit of Attock Cement falls in 6MFY19

22 January 2019, Published under Cement News

Attock Cement Pakistan Ltd (ACPL) has announced earnings of PKR816.79m (US$5.8m) for the half year ended December 2018, a fall of 29 per cent YoY, as compared to PKR1.152bn earned in the same period last year. Company net sales increased by to PKR10.63bn from PKR7.36bn during this period. Distribution cost of PKR749.39m were incurred against PKR279.18m in the same period last year. The administrative expenses stood at PKR252.11m compared to PKR241.74m incurred in the same period last y...

Sagar Cements announces new investments in plant projects

06 December 2018, Published under Cement News

Sagar Cements has approved significant investment in both Satguru Cements and Jajpur Cements, which will enable the company to expand its presence in central and eastern India. "The board has approved a proposal to invest a sum of INR1.5bn (US$21.1m) in Satguru Cement Pvt Ltd (SCPL), Indore, to set-up a greenfield cement manufacturing plant of 1Mta capacity along with a waste heat recovery power plant, at a total cost of INR4.26bn. SCL will be holding 65 per cent in the equity share capit...

Jagdamba Cement accelerates cement expansion

12 November 2018, Published under Cement News

Nepal's cement industry has stepped up construction of its new production units with Jagdamba Cement planning to build on its current market share as it expands its production capacity. In addition to its existing cement plant in Lumbini corridor, Jagdamba Cement is setting up a further unit in the eastern part of Bhairahawa, representing an investment of NPR3bn (US$42.6m). The new plant will produce 1500tpd of cement, according to the company. Around 400 new jobs will also be created. "I...

Oil-well cement plant launched in Kazakhstan

06 November 2018, Published under Cement News

An oil-well cement plant is set to be launched in Kyzylorda region in December as part of the Industrial and Innovative Development Program. This isa joint Kazakh-Chinese enterprise that will export to Uzbekistan, Kyrgyzstan and Turkmenistan. The cement plant will cost approximately TZT66bn (US$1177.4m) and have a capacity of 1Mta. TOil well cement is in high demand during construction works in oil and gas, as well as nuclear and space industries. The enterprise extracts sand, dolomite, lim...

Northern province of Vietnam will not plan more cement plants

23 October 2018, Published under Cement News

Vietnam’s northern province of Quang Ninh will not add more cement or thermal power plants to provincial planning due to concerns about their negative impacts on the environment, according to Nguyen Van Doc, secretary of the provincial Party Committee and chairman of People's Council. The authority had already removed thermal power projects from planning in the Quang Yen and Dam Ha districts of the province. Quang Ninh already has ten large-scale cement and thermal power plants, according t...

Chinese to build more cement factories in Uzbekistan

10 September 2018, Published under Cement News

Chinese company Henshui Decheng Machinery and Equipment Co Ltd has signed an agreement to build several cement and brick factories in Jizzakh region, Uzbekistan. The announcement was made by the State Investments Committee of Uzbekistan. It is part of a plan to increase trade between Uzbekistan and China to US$10bn by 2020, reports Trend news agency. Currently, more than 700 enterprises with Chinese investment are operatign in Uzbekistan. More than 80 companies have been created with 1...

Uzbekistan eagerly awaits new cement capacity

24 August 2018, Published under Cement News

This week CemNet reported on the inauguration of JSC Almalyk Mining and Metallurgical Combine's new 1.5Mta plant at Sherabad, Uzbekistan. The project was orchestrated by Dal Teknik Makina of Turkey and is one of a number of new capacity projects that have been attracted to the high cement demand forecasts in this former Soviet Union country. The Sherabad factory is JSC Almalyk Mining and Metallurgical Combine's largest plant in Uzbekistan and joins the facility that the group operates i...

Zambia starts work on new 1Mta cement plant

30 July 2018, Published under Cement News

Zambia's President, Edgar Lungu, has officially launched China National Building Materials' (CNBM) cement plant in Chongew Mapande Industrial Park, Zambia. The project will be undertaken in two phases, creating over 400 direct jobs and a further 2500 jobs for Zambians once fully operational. "The first phase which is being commissioned today has a total investment of US$200m and consists of 1Mt cement production line per year, a 60m pan brick production line, a 200,000Mm 3 of pr...

Vietnam’s dragon of growth

29 June 2018, Published under Cement News

With strong economic growth fuelling infrastructure investment and China importing more clinker than ever, its not hard to see why Vietnam’s cement producers are enjoying a surge in demand. But the industry remains highly-fragmented and needs to tackle its oversupply situation as new mega plants arrive on the scene. The Vietnamese dragon is a symbol of growth. Last year saw the country report GDP expansion of 6.8 per cent, the highest rate in the last decade Last year saw Vi...