Cement News tagged under: new project
New contract for FLSmidth in Egypt30 July 2012, Published under Cement NewsFLSmidth has been awarded a contract by National Cement Company of Egypt for operation and maintenance of two of their production lines located in Cairo, Egypt. The parties have agreed not to disclose the value of the contract which covers a period of seven years. The contract which is the largest operation and maintenance contract awarded to FLSmidth up until now includes supply of spare parts and consumables, development of a full operation and maintenance organisation, knowledge transfe... |
South Africa's PPC invests in Ethiopian cement firm26 July 2012, Published under Cement NewsSouth Africa's Pretoria Portland Cement and a state investment body South Africa’s Industrial Development Corporation (IDC) have jointly secured a 47 per cent equity stake in the Habesha Cement Share Company (HCSCo) of Ethiopia. PPC’s US$12m cash investment secures 27 per cent in HCSCo and is a significant step in PPC’s African expansion strategy. This is PPC’s first investment into the Ethiopian and east African cement market. The IDC will simultaneously invest US$9m for a 20 per cent stak... |
Siam Cement plans Indonesian investment26 July 2012, Published under Cement NewsSiam Cement PCL, Thailand's largest conglomerate, has announced plans to invest around THB10bn (US$315m) to build a cement plant in Indonesia, President and Chief Executive Kan Trakulhoon said Wednesday. The planned investment is part of the company's five-year investment budget worth around THB200bn, Fox Business Reports, which is due to be proposed to the company's board for consideration in August, he said. |
Lafarge Exshaw project heading for approval, Canada26 July 2012, Published under Cement NewsThe proposed Lafarge Canada cement plant expansion application for Exshaw will go back to the Municipal District of Bighorn's planning commission today after being tabled last week for more information, according to reports in local newspaper, the Canmore Leader. The application was discussed and dissected for more than two hours at the MPC meeting on July 18 before commission members voted to table it to this week. The eight-day break gave the company and officials time to exchange addi... |
Gresik market share slips, Indonesia23 July 2012, Published under Cement NewsPT Semen Gresik has lost market share in the first half of this year due to production growth being slower than increases in Indonesian consumption. In the first half of the year, state-owned Gresik sold 10.3Mt of cement, up 12 per cent YoY, and accounting for 39.7 per cent of Indonesia’s total cement sales. However, in the first half of last year, Gresik had a 40.7 per cent market share with sales of 9.2Mt. Total domestic cement consumption, meanwhile, increased 15 per cent to 25.8Mt, a... |
Sancim Cement to build new plant in Adana, Turkey23 July 2012, Published under Cement NewsSancim Cement is to build a new cement plant in Adana, southern Turkey, according to daily Milliyet. The plant will be able to produce 1.7Mta of clinker and 2Mta cement and the investment period is expected to be around 20-22 months. |
CMS addresses cement Sarawak shortage, Malaysia19 July 2012, Published under Cement NewsCMS Cement, Sarawak’s sole cement producer, has assured that the current shortages being experienced by the construction industry in Miri will be resolved by next week. Sarawak is situated on the island of Borneo and is one of two states, with Sabah, comprising what is referred to as East Malaysia. Sarawak is Malaysia’s largest state with around 37 per cent of the total land mass and has a population of 2.4m. Othman Abdul Rani, head of CMS’s cement division, said the shortage was large... |
New cement factory set for Mozambique’s Manica province19 July 2012, Published under Cement NewsA cement factory is to be established in the Manica province of Mozambique, according to its Mayor Eusébio Lambo Gondiua said that contacts have been made with the relevant authorities and in coordination with the Barue district government in order to ensure the project would be carried out. The location of the factory has already been selected, according to the Mayor. Currently, the Dondo cement plant which belongs to Cimentos de Moçambique (part of the Cimpor group) supplies cement t... |
Ghacem to commission new mill by year-end, Ghana17 July 2012, Published under Cement NewsGhana’s leading cement producer Ghacem is to commission an additional 1Mta mill this year at its Tema Factory in November this year, according to the company’s managing director Morten Gade. Speaking at the company’s 2011 Workers Performance Appraisal Awards Ceremony, Mr Gade said that last year Ghacem produced 2.55Mt of cement and, of which its Tema plant accounted for 1.3Mt and the Takadori plant 1.25Mt. A new 1Mta mill will also be constructed at the Takordori works in 2013, Mr Gade no... |
Southern Province Cement second-quarter profit rises, Saudi Arabia17 July 2012, Published under Cement NewsSouthern Province Cement (SPC) posted a 9.6 per cent increase in second quarter profit, Reuters reports. SPC achieved a net profit of US$69.86m during the quarter, up from US$63.6m a year earlier. Revenue rose 6.77 per cent to US$71.6m compared to US$67m in 2Q11. The company attributed the increase in profits to the start of a second line at its Tuhama plant which started commercial production in March, as well as increased demand from local markets. In May this year, SPC signed a c... |