Displaying items by tag: Capacity

India: Aditya Birla subsidiary UltraTech has announced plans for a 3.5Mt/yr clinker production capacity expansion to its integrated Andhra Pradesh plant in Bhogasamudram, Anantapur district, to 10Mt/yr from 6.5Mt/yr. The new kiln line will cost US$169m and reach completion in March 2022.

Vietnam: Vietnamese cement production rose by 0.1% year-on-year to 13.0Mt in January and February 2019 from 12.9Mt in the opening two months of 2018. Vietnam Daily News has reported that February was an especially voluminous month for production. The country produced 6.7Mt of cement over its 29 days, up by 18.6% year-on-year from 5.6Mt in February 2018.

Two new plants, with a shared capacity of 7.1Mt/yr, are due in 2020.

Afghanistan: Ghori Cement says that it has produced 18,600t of cement in January 2020, up by 400% from 3720t in January 2019. This would give the plant an annual production rate of 0.22Mt/yr, following ‘operational reforms and modernisation of spare parts.’ Arab News has reported that plans for the replacement of Ghori Cement’s Ghori, Pul-e-Khumri, cement plant with a new 0.4Mt/yr plant were interrupted by on-going civil strife in the region, north of the Afghan capital Kabul. Ghori cement plant general manager Riazudin Sharifi said, “Efforts are underway to further improve the capacity of the plant.”

India: Nirma Ltd’s subsidiary cement producer Nuvoco Vistas has announced that it has entered into an agreement with Emami Group for the acquisition of the latter’s 8.3Mt/yr-capacity cement business, including a 2.5Mt/yr integrated plant in Chhattisgarh and three grinding facilities. The company says that with the completion of a capacity expansion to its 4.6Mt/yr Jojobera, Jharkhand, plant in early-2020 it will have a total installed cement capacity of 23.5Mt/yr. Nuvoco Vistas managing director Jay Krishnaswamy said, “This is a momentous development for us, and in line with our long-term ambition to become a leading building materials company delivering superior performance!”

India: Sagar Cement’s consolidated production volumes at its integrated 2.4Mt/yr Mattampally, Telangana, and 1.0Mt/yr Tadipatri, Andhra Pradesh, plants in January 2020 were 317,000t, up by 4.7% year-on-year from 303,000t in January 2019. Accord Fintech News has reported that consolidated sales in the period fell by 1.6% year-on-year to 315,000t from 320,000t in January 2019.

On 29 January 2020 the Indian Ministry of Environment, Forest and Climate Change granted environmental clearance to Sagar Cements for and upgrade to all three dry lines of its 2.4Mt/yr Mattampally plant to raise its capacity to 5.0Mt/yr. Its clinker capacity will rise from 2.0Mt/yr to 4.8Mt/yr. The expansion also includes a 36MW coal-fired power plant and a 22MW waste heat recovery (WHR) power plant.

India: Birla Corporation has recorded a profit of US$11.3m in the three months ending 31 December 2019 - the third quarter of the Indian fiscal year: up by 200% from US$3.77m in the corresponding quarter of 2018. Revenues in the period rose by 11% to US$243m from US$219m.

Birla Corporation has also announced plans for a 3.9Mt/yr integrated grinding plant in Mukutban, Maharashtra, as well as upgrades further increasing both its integrated and grinding capacities.

Kenya: Devki Group subsidiary National Cement has launched its second Kenyan plant in Salgaa in Nakuru county at a cost of US$58.0m. Business Daily News has reported that the 0.75Mt integrated plant will supply cement to Kenya, South Sudan and southern Ethiopia.

Devki Group chairman Narendra Raval said that the completion of a 0.75Mt/yr second line at National Cement’s 1.2Mt/yr Kajiado County plant would bring the group’s total capacity to 3.5Mt/yr in July 2020, in a speech in which he lobbied the government to ban clinker imports. “We are gearing towards fixing the country’s clinker gap and making Kenya a regional market for raw material in cement production,” said Raval. The group also produces its Simba brand cement in Uganda.

Ghana: The Department of Trade and Industry has declared a moratorium on the construction of new cement plants in response to a cement surplus on the domestic market. Chamber of Cement Manufacturers executive secretary George Dawson-Ahmoah said that consumption stands at 6.5Mt/yr nationally. Ghana’s eight producers are utilising 50% of an total installed capacity of 12Mt/yr, according to All Africa News. “The government is investigating measures to prevent imports,” said Carlos Kingsley Ahenkorah, Deputy Minister of Trade and Industry. This may involve cement quality certification by the Ghana Standard authority.

India: Ramco Group subsidiary Ramco Cements has invested US$0.7m in a 46% share in Lynks Logistics. The company will serve the 17Mt/yr-installed capacity producer’s logistics and distribution needs for all of India.

India: Having announced that it will not participate in bidding for Emami Cement, Shree Cement has announced a planned increase to its production capacity of at least 13.1Mt/yr to 55.0Mt/yr or more by 28 February 2023 from 41.9Mt/yr. It would do this through as yet undisclosed upgrades worth a total of US$1.26bn. The Business Standard newspaper has suggested that the measure is aimed at taking on UltraTech, the expected winner in the auction for Emami Cement’s 5.6Mt/yr-capacity installed assets (under expansion to 8.7Mt/yr).

A source of additional capital for Shree Cement’s planned expansion will be a qualified institutional placement (QIP) through which it has raised US$337m. The company acknowledged that it might reach its target through acquisitions from other producers, for which it would not exceed US$80/t of capacity.