Displaying items by tag: Expansion

India: Visaka Industries has commissioned a new line at its Raebareli asbestos cement roofing sheets plant. Indiainfoline News Service has reported that the line has a capacity of 100,000t/yr.

Pakistan: Lucky Cement has recorded nine-month sales of US$1.17bn in its 2022 financial year, up by 38% year-on-year from US$846m in the corresponding period of 2021. The company’s consolidated cement volumes fell by 7.1% to 7.07Mt, while its unconsolidated cement volumes fell by 3.4% to 5.51Mt. Unconsolidated costs per tonne of cement rose by 49%. Explaining its net sales growth, the company noted the ‘impressive’ performance of its overseas cement business, which includes a stake in Democratic Republic of Congo-based Nyumba Ya Akiba Cement. Lucky Cement’s profit after tax for the period was US$143m, up by 20% from US$119m.

Lucky Cement says that a cement plant expansion in Khyber Pakhtunkhwa is progressing and on-schedule for completion in 2022.

Belgium: CBR has successfully completed an upgrade of systems connected to the kiln of its 0.8Mt/yr Antoing cement plant. The company says that it has modernised the kiln gas cycle, reducing the plant’s power consumption by 2.5%.

The Antoing cement plant previously underwent a capacity expansion and alternative fuels (AF) substitution-increasing upgrade to its kiln line in late 2020.

Saudi Arabia: Yamama Cement has signed a US$443m financing agreement with Saudi National Bank (SNB). The company plans to invest the funds in its relocation of a 10,000t/day kiln line to its Northern Halal, Al Kharj, plant from the site of its former plant in Riyadh. This will help towards its aim of increasing the Northern Halal plant’s capacity to 30,000t/day by 2025. The loan consists of US$213m in long-term financing for a period of eight years, US$150m in refinancing of the long-term funding for a duration of four years and US$80m in short-term financing for one year.

Peru: Cementos Pacasmayo recorded full-year sales of US$519m in 2021, up by 49% year-on-year from US$348m in 2020. Sales exceeded pre-Covid levels of US$373m in 2019 by 39%. The company’s profit for the year was US$41m, more than double its profit of US$15.5m in 2020 and up by 16% from US$35.4m in 2019.

The Semana Económica newspaper has reported that Cementos Pacasmayo aims to maintain its 2021 full-year cement sales volumes in 2022. The company is in the process of a US$70m, 600,000t/yr clinker capacity expansion in order to increase its clinker capacity to 100% of its grinding capacity, from 61% currently. This will eliminate the producer’s reliance on clinker imports.

India: Ambuja Cement plans to invest US$469m in a 7Mt/yr expansion to its total grinding capacity. BusinessLine Online News has reported that the new capacity will consist of a new grinding plant at Barh, Bihar, and expansions to the company’s Farakka and Sankrail grinding plants in West Bengal. The company says that the new grinding capacity will become crucial after it completes its planned 3.2Mt/yr clinker capacity expansion to its Bhatapara cement plant in Chhattisgarh.

India: UltraTech Cement plans to invest US$129m in capacity expansion projects in order to increase the production capacity of its Birla White brand white cement by 93% to 12.5Mt/yr from 6.5Mt/yr. The Aditya Birla subsidiary says that it will commission the new capacity in a phased manner. The investment aims to strengthen Birla White cement’s presence in the growing white cement market and to reduce its dependence on high-cost imports.

Pakistan: Fauji Cement has taken out a loan of US$212m from a consortium lead by Habib Bank Limited. The Business Recorder newspaper has reported that the funding will go towards cement plant expansion projects with a total cost of US$339m. Fauji Cement plans to expand its plant in Dera Ghazi Khan, Punjab, while its subsidiary Askari Cement plans to expand its plant in Nizampur, Khyber Pakhtunkhwa. The company says that the projects will together increase its installed cement production capacity to 10Mt/yr.

Peru: FLSmidth has secured a contract for the supply of a new pyro line for Cementos Pacasmayo’s Pacasmayo cement plant near Lima. The new line will give the plant an additional production capacity of 0.6Mt/yr. The supplier says that it plans to install a Cross-Bar cooler, low-NO_x calciner, Jetflex burner, equipment for dosing and feeding and process automation. FLSmidth says that the upgrade will reduce the plant’s energy consumption and open new opportunities for the use of alternative fuel (AF).

FLSmidth’s head of projects and upgrades and senior vice president Anders Josefsen said “We are very excited to work with Cementos Pacasmayo on this project – not only on growing the business, but doing it in a sustainable way. The new line will be equipped with a state-of-the-art pyro system including several of our MissionZero solutions. With this, Pacasmayo makes a significant investment in future-proofing its production.” He added “The Pacasmayo project is a prime example of our capabilities within process design: ensuring the integration to an existing plant, while also demonstrating our ability to deliver equipment that meets demands for energy and fuel efficiency.”

India: Dalmia Cement plans to invest US$75.2m in a 2.6Mt/yr expansion to its Bokaro grinding plant in Jharkhand. The company says that the work will increase the plant’s capacity by 70% to 6.3Mt/yr from 3.7Mt/yr. US$33.2m will go towards the installation of new solar power plant. The company will also set up a waste management facility at the site, using US$1.06m of the investment.

Managing director Puneet Dalmia said “As we are further investing in the Eastern India market to participate in its economic growth story, we are also taking our corporate responsibility seriously by placing the utmost importance on environmental protection and social impact. We are confident that the employment generated through our investments and the skill enhancement in our social initiatives will help create a progressive ecosystem where we help people become independent and self-sufficient. We are excited and look forward to partnering with the state to achieve our business, social and sustainability goals.”