Displaying items by tag: Plant
FLSmidth to supply cement plant to DG Khan Cement
13 July 2015Pakistan: FLSmidth has signed a Euro57m contract with DG Khan Cement to supply engineering and equipment for a 8500t/day greenfield cement plant in Pakistan.
"Pakistan is a very important market for FLSmidth and we are extremely pleased that DG Khan has again chosen FLSmidth as its supplier. This underlines its valuable long-term ties with DG Khan Cement, as well as our strong foothold in Pakistan, where we expect to see more activity following new government development programmes," said president of the cement division, Per Mejnert Kristensen.
The first contract between DG Khan and FLSmidth dates back to 1992. Since then the partnership has resulted in three additional orders to FLSmidth in 1998, 2005 and 2007. The new order will be booked by the cement division and will contribute beneficially to FLSmidth's earnings until 2017.
Russia: According to SKRIN Newswire, the president of Eurocement Mikhail Skorokhod has announced introduced the new general director of the Kavkazcement plant as Georgy Kuznetsov.
"Kuznetsov's has more than 30 years of experience," said Skorokhod. "He has held executive positions in the administration of the Ministry of Taxes and Assessments of the Russian Federation and in the Ministry of Defense of the Russian Federation. He has worked for Eurocement since March 2014 as the deputy head of the department of economic security."
Kuznetsov thanked Eurocement management for their vested confidence. "Kavkazcement has a very united and highly professional team, which is able to fulfil any task," said Kuznetsov. "I promise to use all my experience and skills to maximum effect to achieve all targets set for the plant and to justify the confidence vested to me."
The 3Mt/yr Kavkazcement plant is currently being built to meet expected demand growth. "The market of the south is growing and Kavkazcement has very good prospects to increase the volume of products shipping and improve production figures," said Skorokhod. "The plant will become one of the most advanced enterprises in the region, meeting the highest world requirements by the quality of its equipment, production efficiency and environmental friendliness. Moreover, construction of a new modern highly efficient cement plant in the territory of the Karachayevo-Cherkessian Republic will promote active social and economical development of the region and provide the construction industry of the republic and adjacent regions with high-quality cement," said Skorokhod.
The contract for the plant construction was signed between Eurocement and China's Sinoma International Engineering Company on 9 November 2014 within the framework of the XXII APEC Summit held in Beijing. Sinoma International Engineering Company will supply a complete package of equipment and design, supervision of erection and personnel training for the new plant.
India: According to India Investment News, Gujarat chief minister Anandiben Patel has inaugurated a new grinding plant at Sanghi Industries' plant in Abdasa, Kutch.
The new grinding plant will have a production capacity of 1.2Mt/yr that will enable the company to boost its cement production capacity to 4.1Mt/yr from 2.9Mt/yr. The plant will cost around US$19.7m. The chief minister also laid the foundation stone for a 15MW waste heat recovery (WHR) system that will recycle waste heat of the cement plant into power. Sanghi Industries will inject US$23.6m to develop the WHR project, which it intends to commission in the next two years.
Philippines: According to BusinessWorld, San Miguel Group plans to invest US$2bn to build two cement facilities and a nickel processing plant as part of its diversification efforts into new growth areas.
San Miguel has allocated US$800m for the two 2Mt/yr cement facilities, according to San Miguel president Ramon S Ang. Construction has already begun. One of the facilities is located at Northern Cement's plant in Pangasinan, while the other is being built in Quezon. In 2013, San Miguel paid US$77.5m for a 35% stake in Northern Cement, which is owned by the conglomerate's chairman, Eduardo M Cojuangco, Jr. The facilities, which are expected to be completed in 2017, will be funded by 50% debt and 50% equity.
San Miguel's venture into the cement business comes as it participates in major infrastructure projects. San Miguel-led Optimal Infrastructure Development won the contract for the US$351m second stage of the Ninoy Aquino International Airport Expressway Project. San Miguel is also building the US$591m third stage of the Metro Manila Skyway and the Tarlac- Pangasinan-La Union Expressway, as well as expanding the South Luzon Expressway.
India: According to the Times of India, the Maharashtra Pollution Control Board (MPCB) has served closure notices on the three cement plants in Malwani, Maharashtra. The plants have 48 hours to close.
Nearby residents had protested against the air pollution caused by the plants. An investigation by the MPCB showed that particulate matter (PM) emissions exceeded the allowed standards in February and March 2015. "This is among the swiftest action taken by the MPCB and we are very grateful to the board for taking up the matter so fast," said Godfrey Pimenta of Watchdog Foundation, a non-governmental organisation that had taken up the matter on behalf of the residents.
Armenia: As reported by ARMINFO News (Armenia), Armenia cut its cement exports 2.5-fold to 73,000t in 2014, down from 185,200t in 2013. It also increased its imports 2.2-fold, according to the Customs Service of Armenia.
The customs cost of the exported cement fell from US$11.8m in 2013 to US$4.6m in 2014, a factor of 2.6. In 2013, cement exports grew by 36% year-on-year and imports doubled. The Ministry of Economy said that cement exports fell dramatically in 2014 as a new cement plant started up in Rustavi, Georgia. There are now three HeidelbergCement cement plants in Georgia. The country was the key consumer of Armenian cement exports.
In 2014, Armenia imported 7500t of cement for US$1.2m compared to 3400t for US$615,200 in 2013. Some 98% of the country's cement imports come from Iran.
According to the Statistical Service of Armenia, cement production fell by 0.9% in 2014 and by 1.5% in 2013, compared to 3.6% growth in 2012. In 2014, the construction sector shrank by 4.3% to US$913m. In the first quarter of 2015, the construction sector grew by a marginal 0.4%.
Kazakhstan: International Cement Kazakhstan (ICK), an indirect wholly-owned subsidiary of Compact Metal Industries, has entered into a joint-venture agreement with Nurzhan Shakirov to establish a joint-venture for the construction of a cement plant in Almaty, Kazakhstan and thereafter, for the production and sales of cement.
India: According to the Financial Chronicle, Birla Corporation plans to increase its cement capacity to 15Mt in the next four years.
"At present our cement production capacity is 9.3Mt/yr. We want to take it to 15Mt/yr in the next four years," said Birla Corporation chairman Harsh Lodha. He said that there is an oversupply situation in the cement market at present as capacities have been built in the last three to four years on higher demand expectations, but demand has not risen.
Meanwhile, Birla Corporation is awaiting a limestone mining lease from Assam Mineral Development Corporation (AMDC). It had earlier signed a Memorandum of Understanding (MoU) with AMDC to set up a 1Mt/yr plant there. Once it gets the mining lease from AMDC, it will form a joint venture company with the state-run corporation and get the project off the ground. AMDC will hold 12.5% of the equity and Birla Corporation will hold the remaining 87.5%. Lodha said that the proposed plant would be set up with a capital outlay of US$94.5m.
Dangote to build US$150m new cement plant in Yaounde
06 July 2015Cameroon: According to All Africa, US$150m will be invested by Dangote Group to build a new cement plant in Yaounde. The board chair and CEO of the Dangote Group, Aliko Dangote, said that the investment's aim will be to 'totally eliminate' any future cement demand increase in the country."Cameroon will not lack cement. We can assure the government that we are here to stay and will continue to invest," said Dangote.
India: According to the Economic Times, JSW Cement plans to bring down its cement-making cost by as much as 75% by setting up grinding units closer to markets, in contrast to the traditional model of clinker units placed near the source of raw material.
According to the plan, the new units will use clinker imported from countries that have a surplus, thus allowing JSW Cement to add 1Mt/yr of capacity for about US$28.3m, compared to US$132m required to set up a similar capacity under the traditional model.
JSW Cement plans to establish several such grinding units on the country's east coast in West Bengal and Odisha, taking its cement capacity up to 20Mt/yr by 2020. "Our novel model involves setting up inexpensive grinding facilities closer to the markets rather than building cost-intensive clinker units closer to the raw material reserves," said Parth Jindal, son of group chairman Sajjan Jindal.
According to Anil Kumar Pillai, CEO at JSW Cement, typically 67% of cement capacity investment goes into clinkerisation and 33% goes into grinding. "We are investing 33% in grinding units. Hence, our balance sheet will be far leaner, service cost on interest will be far lower and our profitability ratio will be far better," said Pillai.
"Once our balance sheet gets strengthened with strong earnings profile to support large-scale investments, we will look at backward integration to acquire limestone reserves and set up clinkerising units," said Jindal.