Displaying items by tag: Plant

India: FCI Aravali Gypsum and Minerals India plans to start operations at its new 0.3Mt/yr white cement plant to be built at Nohra Dhar, Sirmour district in Himachal Pradesh by 2022. A memorandum of understanding has been signed between Aravali and the state government, according to the Press Trust of India. The project has an investment of US$85m and it is expected to create 150 jobs. Aravali operates 15 gypsum mines in Rajasthan.

UAE: Ras Al Khaimah (RAK) Cement has purchased the Newtech cement plant and the Al Banna quarry from Mohammed Ali Omar Saleh Al Buraiki for around US$123m. RAK Cement operates an integrated plant at Ras Al Khaimah.

Russia: Eurocement is spending around Euro5m on upgrades to its Maltsovsky plant as part of its winter repair schedule. The unit is planning to increase its production output and modernise three of its four kilns. Work is also planned for raw and cement grinding mills. The plant has a cement production capacity of 4.7Mt/yr.

Philippines: Holcim Philippines has completed an upgrade at its La Union cement plant in Bacnotan. The unit now has a cement production capacity of 1.8Mt/yr from 1Mt/yr previously, according to the Manila Times newspaper. The improvements have been completed two months ahead of schedule. The upgrade is intended to support the development of North Luzon.

The expansion is part of a US$300m production capacity drive at its plants in the country. It plans to increase its national production capacity by 30% to 13Mt/yr by 2020. The second phase of the project involves installing new kilns, mills and a waste-recovery system at its plants in Bulacan and Misamis Oriental provinces.

UAE: Fujairah Natural Resources plans to build a clinker plant at a cost of US$150m at Habbab in Fujairah. Production at the site will start in December 2019, according to Emirates News Agency. The project is intended to boost the cement industry in Fujairah.

Europe: Cemex has signed a deal to sell its assets in the Baltic and Nordic countries to Germany’s Schwenk for Euro340m. The transaction is expected to complete within the first quarter of 2019, subject to regulatory approval.

The Baltic assets being divested consist of one 1.7Mt/yr integrated cement plant in Broceni, Latvia, as well as four aggregates quarries, two cement quarries, six ready-mix concrete plants, one marine terminal and one land distribution terminal in that country. The assets divested also include Cemex’s approximate 38% indirect interest in a 1.8Mt/yr cement plant in Akmene in Lithuania. In addition, the exports business to Estonia is also included as part of the divestment.

The Nordic assets being divested consist of three import terminals in Finland, four import terminals in Norway and four import terminals in Sweden.

Kazakhstan: Dal Holding plans to build a 1.8Mt/yr cement plant in Aktobe region for around US$270m. The project will be a joint venture with the Aktobe Civic-Entrepreneurship Company (CEC), according to Interfax. The joint venture has been created and a road map has been signed. Construction at the site is scheduled to start in April 2019. Dal Holding is an engineering company that undertakes projects in the cement, mining and energy sectors. Previously, in 2016, China’s Huaxin Cement was linked to cement projects in the region.

India: JSW Cement plans to invest over US$275m towards meeting its target production capacity of 20Mt/yr by 2020. Following this achievement it intends to launch an initial public officer (IPO), according to the Economic Times newspaper. The company aims to reach its capacity target through expansions and upgrades at its existing plants.

At present the cement producer has a capacity of 12.6Mt/yr. It will add 1.8Mt/yr at Dolvi, 1.8Mt/yr at Vijayanagar, 1.2Mt/yr at Jajpur in Odisha and 1.2Mt/yr in Salboni. Following the IPO it will build new capacity in Rajasthan and Chhattisgarh.

Angola: Cimenfort plans to build a new cement plant at Cabinda. The site will have an area of 51 hectares and create 150 news jobs, according to the Mercado newspaper. The country has a total cement production capacity of 8Mt/yr.

Colombia: Poor weather in the US reduced Cementos Argos’ sales revenue in 2018. Its sales revenue fell by 1.4% year-on-year to US$2.7bn in 2018 from US$2.74bn in 2017. Cement sales volumes decreased by 1.1% to 16Mt from 16.2Mt. The cement producer said that its cement volumes in the US were impacted by weather and a 43 day halt at its Martinsburg Plant in Texas, US. However, its earnings before interest, taxation, depreciation and amortisation (EBITDA) rose by 8% to US$494m from US$457m. This was in part due to an improved Colombian construction market.