Cement News tagged under: new project
Jaypee Cement set to launch new Andhra Pradesh plant, India10 February 2012, Published under Cement NewsJaypee Cement’s new 5Mta cement plant, situated in Krishna District, Andhra Pradesh, will commence next month, Business Line of India reports. The new facility will cater mainly to the southern markets, Narayan Rao, senior general manager of the Jaypee Group said during a launch brand in the state. The company is also planning to increase capacity of the Andhra Cement plant. “Over the next six months, the work to increase its capacity from existing 2Mt to 3Mt will commence,” Mr Rao said.... |
Gyzyldash cement plant scheduled to begin in 201310 February 2012, Published under Cement NewsWithin the next month Gyzyldash Cement will begin construction of a 5000tpd clinker plan (2Mta cement plant) in Azerbaijan. The contract was signed by Azerbaijan with Norm LLC and a consortium consisting of China Triumph International Engineering Co (CTIEC) and Japanese Mitsubishi Corporation for the turnkey construction of the plant. CEO of Norm LLC Hasan Yalchinkaya said in an interview with Turan Information Agency, the project works are on schedule and in May 2013 the test production ... |
Chettinad Cement to enter Karnataka this year, India07 February 2012, Published under Cement NewsChettinad Cement will commission a 2.5Mta cement plant in North Karnataka in the current year and has finalised plans to expand into Andhra Pradesh, Business Line of India reports. The Karnataka unit will mark Chettinad Cement's geographical expansion outside Tamil Nadu and will give it market reach into Maharashtra, where it plans to put up a grinding unit of about 1.5Mta, according to MAMR, Muthiah, Chettinad Group's Managing Director. The company has firm plans to expand its 11.50Mta pr... |
Siam City Cement 2012 growth forecast06 February 2012, Published under Cement NewsSiam City Cement Co (SCCC), Thailand’s second largest cement producer, posted 4Q11 net profit of THB252m, down 55.3 per cent YoY and 70.9 per cent QoQ. The decline is attributed to lower export sales and higher operating costs due to the Thai flooding, extra expenses from deferred tax adjustments of THB291m and extra expenses from reassessment of employees' pension of Bt150m. For 2012, analysts at TISCO Securities expect Siam City Cement’s profit to rise 27 per cent thanks to expected five ... |
Prism Cement plans new Karnataka project, India02 February 2012, Published under Cement NewsPrism Cement is planning to construct a new clinker plant in Gulbarga district, Karnataka, southwest India. The project is currently at the conceptual stage. Work on the facility is expected to commence in 2014 although a completion date is yet to be finalised. |
UPCL to set up cement blending unit, India01 February 2012, Published under Cement NewsUdupi Power Corporation Limited (UPCL) plans to establish a cement blending unit at its plant in Udupi district to overcome fly ash problem leading to environmental threat in the agricultural fields and houses in the surrounding areas. United News of India reports that the fly ash generated from UPCL was being transported to ACC for producing blended cement. However, a new, separate cement blending unit will be established in the vicinity of UPCL's power plant, J Krishna Palemar, Minister... |
Dispute delays Bolivia plant construction31 January 2012, Published under Cement NewsThe governor of the Bolivian city of Oruro, Tito Santos, on Monday urged the Plurinational Legislative Assembly to expedite the discussion of the draft Law of Territorial Units to resolving a border conflict with Potosi, which in his opinion, is delaying the construction of a cement factory. He warned that, in addition, the risk of confrontation between the community members of Quillacas (Oruro) and Coroma (Potosi) persists.?, FM Bolivia reports. "We are asking that the Law of Territor... |
Port Daniel cement plant project agreement, Canada26 January 2012, Published under Cement NewsSociété en commandite Gisement McInnis (McInnis) has entered into a partnership agreement with Cimbec Canada Inc to develop the Port Daniel cement plant and terminal project in the Gaspé Peninsula, Quebec, Canada. McInnis is a privately-held limited partnership controlled by Beaudier Inc., a private investment company held by the Beaudoin family. Agreements have been reached with all Cimbec Canada creditors and those of the operating entity Cimbec Inc, which is now a wholly-owne... |
Holcim secures loan for new Indonesia plant26 January 2012, Published under Cement NewsHolcim Indonesia has secured a US$150m to be used to expand its production capacity in Indonesia which this year is expected to be running at close to nominal grinding capacity. Bisnis Indonesia reported that the loan, which will be used to finish the construction of a new US$450m factory in Tuban, East Java, was provided by BNP Paribas and KWF IPEX-Bank of Germany. Construction of the 1.7Mta factory is currently underway and is expected to be completed in 2013. Holcim Indonesia is the ... |
Gresik eyes controlling stake in Semen Baturaja, increases in production25 January 2012, Published under Cement NewsPT Semen Gresik is targeting a controlling stake in fellow state-owned cement producer, PT Semen Baturaja, which will launch an initial public offering (IPO) later this year. The Jakarta Post reports that Gresik would look at Baturaja’s IPO pricing to follow-up on the acquisition and if a large amount of shares is offered the company would look to buy a majority stake, Gresik’s president Dwi Soetjipto, said. "If they off-load a small amount of shares, we would not absorb, because we wa... |