Displaying items by tag: Expansion

India: RHI Magnesita India plans to invest approximately €442m to expand and upgrade its production capacity by the end of the financial year 2025, according to The Hindu newspaper. This follows a €331m investment over the past two years, which increased the company's refractory production capacity in India to over 0.5Mt/yr.

India: Indian cement manufacturers plan to invest approximately US$14.3bn over the next four years to increase capacity by 25%, adding 160-170Mt/yr of cement production, reports the Times of Oman newspaper. This expansion is reportedly driven by rising domestic demand and a significant infrastructure push by the government, with plans to invest US$1.7tn in infrastructure projects by 2030. The industry aims to fund this growth primarily through internal accruals, reducing reliance on debt. The top three producers —Ultratech, Ambuja, and Shree Cement — will reportedly contribute over 70% of the total capacity increase.

Libya: Al-Ahlia Cement Company has signed a memorandum of understanding (MoU) with China National Building Material (CNBM) subsidiary Sinoma CDI to collaborate on the construction of a new 6600t/day production line at its Lebda Cement Factory in Tripolitania. The expansion is expected to more than triple the Lebda cement plant’s capacity to 3.4Mt/yr.

India: India’s top cement producers are planning to invest approximately US$15bn from 2025 - 2027 in capital expenditure, according to a report by ratings agency CRISIL. During this period, the industry is expected to expand cement grinding capacity by 130Mt/yr, which represents a fifth of the current capacity. This move is prompted by robust demand and competitive market share goals, reports the Economic Times.

Senior director and deputy chief ratings officer at CRISIL Ratings, Manish Gupta, said "Cement demand outlook remains healthy with a compound annual growth rate of 7% over the financial years 2025-2029. The surge in capital expenditure over the next three financial years will primarily cater to this growing demand as well as to the aspirations of the cement makers to improve their national presence."

Mexico: Cemento Cruz Azul will invest nearly US$40m to build a new grinding mill at its Lagunas cement plant in Oaxaca to increase cement production capacity. General manager  Mario Morán said that construction will be completed by October 2025.

Víctor Velázquez, chair of the board of directors, said "The mill is designed to be highly energy efficient and environmentally friendly, as it does not use water."

India: JSW Cement plans to more than double its cement grinding capacity from 20.6Mt/yr to nearly 41Mt/yr. The expansion involves six new greenfield units in Rajasthan, Punjab, Madhya Pradesh, Uttar Pradesh, Odisha and Maharashtra, and a brownfield unit in Vijayanagar; Karnataka, adding 20.25Mt/yr. The company also aims to increase its clinker production capacity from 6.44Mt/yr to 13.04Mt/yr. The new facilities in Rajasthan and Madhya Pradesh will each contribute 3.3Mt/yr to this expansion. In its offer document, JSW Cement stated that it sees potential in ‘green’ cement products like ground granulated blast furnace slag (GGBS) and plans to expand its presence in northern and central India.

Bahamas: Cementos Argos has supplied nearly 10,000t of cement, accounting for 85% of the total required for the construction of Disney Cruise Line's new 700m-long pier at Lighthouse Point on Eleuthera Island. The project cost US$250m and is part of expansion plans to accommodate over one million visitors annually. Cement was sourced through the company’s exports from Puerto Rico between 2022 and 2024.

Philippines: Thailand-based producer Shera announced that its upcoming fibre cement plant in Mabalacat, Pampanga, has reached 60% completion and is on schedule to commence commercial operations by January 2025. The plant will be the company’s first production facility outside Thailand, capable of producing 0.24Mt/yr of fibre cement. The Mabalacat facility will also export to Taiwan, South Korea and parts of North Asia and Oceania and will create jobs for up to 150 people.

Ongek Taechamahaphant, chair and director, said “Our Mabalacat plant is a major step in Shera’s plan to expand further in the Philippine market. We know that once this facility is fully operational by 2025, more Filipinos will easily be able to access our eco-friendly and durable fibre cement products.”

Burkina Faso: The stone laying ceremony took place on Thursday 8 August 2024 at Ciments de l'Afrique’s (CIMAF) new calcined clay production unit and solar power plant at its plant in Ouagadougou, Burkina Faso. The calcined clay unit is valued at US$50m, while the solar power plant cost US$5.5m, reports Burkina 24. Completion is expected by August 2026.

Ibrahim Traore, president of Burkina Faso, said “The accompanying solar unit should make it possible to reduce production costs and we hope that in a few years, this technology will become popular and will make it possible to reduce cement costs.”

Anas Sefrioui, chair and CEO of CIMAF Group, said “The calcined clay that we will produce here in Burkina will serve as an alternative raw material to imported materials, particularly clinker.”

India: Ambuja Cements will invest US$190m to establish a 6Mt/yr grinding plant in Warisaliganj, Bihar. The project is scheduled in three phases, with the first phase of 2.4Mt/yr costing US$131m, according to the company. The plant has secured environmental clearance and land allocation for potential future expansions, The Telegraph India reports. The project will reportedly create 250 direct jobs and 1000 indirect jobs and will contribute US$30m/yr to Bihar’s economy. It is targeted for completion by December 2025.

Pranav Adani, director of Adani Enterprises, said “This investment aligns with the state government’s development programmes and our growth plans. The cement industry is witnessing healthy volumes due to the government’s infrastructure thrust, and Ambuja Cements is well positioned to support sustainable infrastructure development in the country.”