Displaying items by tag: Plant
Vietnam: The Ministry of Construction has opposed the Ministry of Industry and Trade’s proposal to transfer the Quang Son cement plant from Vietnam Industrial Construction Corporation (Vinaincon) to Vietnam Cement Industry Corporation (Vicem) on the grounds of the plant’s losses and debts. Both Vinaincon and Vicem are government owned, according to the Viet Nam News newspaper.
Luong Quang Khai, chairman of Vicem’s board of members, said that the Quang Son cement plant is located in a poor position for transport logistics, which has led to high production costs. The plant has also suffered from losses while its loans have grown to equal 95% of the plant’s total investment. Khai also noted that the potential new owner Vicem has undergone financial difficulties following its acquisition of the Ha Long and Song Thao cement plants.
Previously, the Ministry of Industry and Trade suggested that the government transfer the Quang Son cement plant to Vicem from Vinaincon. Under the proposal, Vicem would back the loans taken out by Vinaincon for the Quang Son cement plant. Formerly known as the Thai Nguyen cement plant, Quang Son started commercial operation in July 2011 with a cement production capacity of 1.5Mt/yr.
Georgia: HeidelbergCement Georgia plans to close a kiln at its Rustavi cement plant due to imports from Iran. It will also reduce production at the Dedoplitskaro limestone quarry, according to GBC Daily News. The Georgian Cement Association has lobbied the government to enact anti-dumping measures against Iranian imports.
Russia: The management of Gornozavodskcement is looking for a co-investor to upgrade its cement plant to a dry production method. Previously the company had conducted negotiations with Ireland’s CRH over the upgrade but these have been abandoned, according to Construction and Real Estate Daily News. The cement producer operates a plant near Perm.
Orient Cement to upgrade Devapur plant
23 July 2018India: Orient Cement plans to upgrade its Devapur in Adilabad District, Telangana. It will invest US$290m towards more than doubling the unit’s cement production capacity to 7.5Mt/yr from 3Mt/yr, according to the Press Trust of India. The cement producer obtained first stage clearance from the Ministry of Environment, Forest and Climate Change to expand the existing integrated cement plant. However, final clearance from the Ministry is still awaited.
India: UltraTech Cement plans to build five waste heat recovery (WHR) units with an investment of US$72.6m. The new WHR units will have a capacity of 63MW and they will take the company’s total WHR capacity to 121MW, according to the Hindu newspaper. It is anticipated that the cement producer will be able to meet half of its power requirements from its WHR plants. They are also intended to protect the company from changes in the price of coal.
JSW Cement to invest US$150m in UAE
20 July 2018UAE: India’s JSW Cement plans to invest around US$150m in a new integrated 1Mt/yr plant in Fujairah. The project will also include a captive power plant, according to the Economic Times newspaper. The company expects to commission the new plant by December 2019. The project is part of the group’s target to reach a production capacpty of 20Mt/yr by 2020.
India: Gujarat Sidhee Cement has temporarily suspended operations at its Sidheegram plant in Gujarat due to heavy rain. It said that suspension was a ‘precautionary measure.’ All operations of the kiln and upstream equipment has been stopped. However, cement grinding and despatch will constine to operate.
Cuba: The Nuevitas cement plant expects to produce 0.12Mt of cement in 2018. Nearly 80% of this output will be used to build houses, according to the Adelante newspaper. The plant serves the Camagüey province as well as Las Tunas, Granma and Ciego de Ávila.
Çimsa Cement in talks to sell three plants
19 July 2018Turkey: Sabanci Group, the controlling shareholder of Çimsa Cement, is in talks to sell three of the cement producer’s plants. It is considering divesting integrated plants at Kayseri, Nigde and Ladik, according to sources quoted by Reuters. The company operates five integrated plants and a grinding plant.
Soboce Viache cement plant inaugurates new mill
19 July 2018Bolivia: Soboce (Sociedad Boliviana de Cemento) has inaugurated a new vertical grinding mill at its Viache integrated plant. Together with its other integrated plants at Oruro and Tarija and a grinding plant at Santa Cruz the company now has a cement production capacity of 2.9Mt/yr, according to the Diario Pagina Siete newspaper. The upgrade cost US$85m. Soboce ordered an OK 36-4 vertical roller mill from Denmark’s FLSmidth for the project. To coincide with the new mill the company will also launch ‘Viacha LP12 Insuperable,’ a new cement product.