Cement News tagged under: terminals
Sri Lanka: Hambantota Port to receive grinding unit and cement storage and bagging facilities24 August 2012, Published under Cement NewsThe Sri Lankan government is ready to expand the Hambantota port with the financial assistance of Exim Bank of China and the government of China. Exim Bank of China will provide a US$600m loan and a CNY1bn (US$157m) loan will be given by the government of China. Prior to this, the Sri Lankan government received Chinese government financial assistance to complete the first phase of the port. The project is the biggest service and industrial port in the country constructed closest to the in... |
Cochin port attracts import investments, India13 August 2012, Published under Cement NewsCochin port is emerging as a major cement import hub with Malabar Cements expressing interest in setting up a 1Mta facility and Zuari Cements finalising a 30-year deal with the Cochin Port Trust (CPT) this week. Cochin Port is a major port on the Arabian Sea – Indian Ocean sea-route and is one of the largest ports in India. The port lies on two islands in the Lake of Kochi: Willingdon Island and Vallarpadam, towards the Fort Kochi river mouth opening onto the Arabian Sea. The Hindu newsp... |
HeidelbergCement opens new Lithuanian terminal30 July 2012, Published under Cement NewsHeidelbergCement has opened a new cement terminal in Klaipeda, city in Lithuania situated at the mouth of the Dane River where it flows into the Baltic Sea, according to local press reports. The modern LTL10m (approx EUR 2.9m) terminal for logistics, packaging and production of industrial cement will have a supply capacity of 100,000tpa of bulk cement and 50,000tpa of bagged cement. |
Grupo Argos merges port assets05 July 2012, Published under Cement NewsGrupo Argos has been authorised by its Board of Directors to merge its port assets with Muelles El Bosque Operador Portuario (MEBOP) and Terminal Marítima Muelles El Bosque. The company resulting from the merger will be 50% owned by Grupo Argos and the remaining 50% by the current shareholders of Muelles El Bosque, the Echavarría Obregón family and the Spanish group Ership (property of the Alvargonzález family from Asturias), with whom Grupo Argos has held a relationship of several years a... |
PIBT receives US$19m from IFC to part finance terminal21 June 2012, Published under Cement NewsPakistan International Bulk Terminal Limited (PIBT) said it has signed an agreement with the International Finance Corp (IFC), a member of the World Bank Group to get part financing for the construction of Pakistan’s first multipurpose non-food dry bulk cargo terminal at the Port Qasim near Karachi. In his welcome speech, Managing Director Marine Group of Companies Aasim A Siddiqui highlighted the importance of the contributions made by IFC in the Ports of Pakistan and specifically to the... |
ABG Group wins Azhikkal port cement terminal project, India17 May 2012, Published under Cement NewsThe construction of cement terminal at the Azhikkal port, North Kerala, will be awarded to Mumbai-based ABG Group, the Times of India reports. ABG Group was the sole bidder for the cement terminal. The group will develop the terminal by creating a six-metre draft so that 10,000t ships can be brought to the terminal. |
CMS Cement opens new terminal, Malaysia22 March 2012, Published under Cement NewsCMS Cement, the sole cement producer in the state of Sarawak, East Malaysia, has opened a new cement terminal in Miri as the company aims to better its supply chain operations. In a statement issued by parent company Cahya Mata Sarawak, the terminal is equipped with 6000t of storage capacity, a sealed pneumatic pipeline and two 150t steel hoppers. The new terminal will make cement distribution in Miri more reliable as bulk cement manufactured at the company’s Kuching plant can be trans... |
Dangote Cement to invest in Liberia20 March 2012, Published under Cement NewsDangote cement is planning to invest over US$35m in the west African country of Liberia through its Dangote Cement Liberia subsidiary, Aliko Dangote, group president and CEO, signed a memorandum of understanding with the Liberia government at the head office of the National Port Authority on Friday. The Dangote Group has previously outlined plans to build a 0.5Mta import terminal in Monrovia which is the main commercial port facility in the country. Signing on behalf of the Liberian... |
New Pakistan terminal contract signed19 March 2012, Published under Cement NewsA contract has been signed for construction of Pakistan's first mechanised coal, cement and clinker terminal at Port Qasim (BOT). The facility will be constructed at an estimated cost of US$175m on a 30-year build operate and transfer (BOT) basis. A signing ceremony was recently held between Pakistan International Bulk Terminal (PIBT) and a JV consortium of Turkish firm Siyahkalem-and local firm Maqbool Associates for the civil work contract. The project is expected to be operationa... |
Ambuja Cements investment update, India16 March 2012, Published under Cement NewsAmbuja Cements, part of the Holcim Group, plans to invest INR18bn (US$358m) by December 2013 to increase capacity. The investment will be funded through internal accruals. As of the quarter ended December 31, the company had a cash surplus of INR77bn, India Investment News reports. The Indian cement major plans to establish a 2.2Mta clinker plant at Naguar in Rajasthan, for which a feasibility study has been completed and environmental clearance obtained. Ambuja Cement has also initiat... |