Displaying items by tag: Project

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.

Croatia: Holcim Croatia's €237m 'KOdeCO' project has been declared a strategic investment by Croatia. This will reportedly make Holcim the first producer of carbon-neutral cement in Croatia and one of the first in Europe, according to a press release by the company.

In January 2024, Holcim Croatia began implementing the carbon capture and storage project at the cement plant in Koromačno, signing a contract with the European Climate, Infrastructure, and Environment Executive Agency and securing a grant from the EU Innovation Fund totalling €117m. The project will reduce annual CO₂ emissions by 367,000t/yr.

Nigeria: Riga has announced its partnership with Lafarge Africa for a kiln shell replacement project in Nigeria. The project will take place at the Lafarge plant in Ewekoro, 64km from Lagos.

Saudi Arabia: Sinoma Overseas Development completed start-up testing and hand-over of new grinding mills at Arabian Cement Company’s Rabigh cement on 21 February 2024. The supplier said that the delivery was in accordance with the terms of the original contract between its parent company, China National Building Material (CNBM), and the producer.

Sinoma Overseas Development attributed deviations from the project’s previously announced schedule to the need for discussions with CNBM about remaining project works, equipment operation plans, procurement schedules and acceptance tests. As provided for in the contract, the work will be subject to a 5% delay penalty.

Australia: Adbri says that the cost and timing of its on-going expansion of its Kwinana grinding plant in Western Australia remain ‘on track.’ To date, the producer has invested US$161m in the expansion, towards a projected cost of US$385-420m.

In an accompanying trading update, Adbri said that it expects its full-year earnings before interest, taxation, depreciation and amortisation (EBITDA) to be US$208 -212m in 2023, ‘moderately’ above its previous outlook. In 2022, its earnings before interest and taxation (EBIT) amounted to US$106m. The company has forecast total capital expenditure investments for 2023 of US$208-215m. It previously expected to invest US$221-235m during 2023.

India: Ramco Cements has raised the clinker capacity of its Kolimigundla cement plant by 26%, to 3.15Mt/yr from 2.5Mt/yr. The Hindu newspaper has reported that Ramco Cements plans to invest US$192m in capital expenditure (CAPEX) during the 2024 financial year (1 April 2023 – 31 March 2024), and a further US$24 – 30m in on-going projects in the 2025 financial year. The producer said that its projects, involving its cement, concrete and energy operations, are proceeding ‘on track.’ These include an expansion of its Odisha grinding plant to double its capacity to 1.8Mt/yr.

Tanzania: Tanzania Railways Corporation has announced plans to build a 1000km railway across the south of the country, between Lake Nyasa and the Indian Ocean. Business News Africa has reported that the railway will serve Dangote Cement’s local operations, as well as businesses in other industries. The project will cost US$5.6bn, of which Tanzania Railways Corporation has already secured US$2.2bn in potential private investments.

Kazakhstan/Kyrgyzstan: The government of Kazakhstan’s Jambyl Region says that investors have come forward to support construction of a proposed railway between the region and Kyrgyzstan. Central Asia News has reported that a major cement plant construction project is underway in Jambyl Region. Regional governor Yerbol Karashukeyev said that Kyrgyzstan is undergoing a ‘building boom,’ including in the major market of Bishkek, 20km from the border with Jambyl Region.

Karashukeyev said “In view of the rapid development of the market in Kyrgyzstan and the production of large volumes of construction materials in Kazakhstan, it is worth developing cooperation.”

India: JSW Group subsidiary JSW Infrastructure has won a contract to build a new deep-water port at Keni in Karnataka on a public-private partnership (PPP) basis. India Blooms News Service has reported that the port will support export terminals for local cement plants and limestone mines, alongside other industries.

Norway: Heidelberg Materials Sement Norge set in place a 220t absorber unit at its Brevik cement plant on late August 2023. The unit will form part of the upcoming 400,000t/yr carbon capture and storage (CCS) installation at the site. It expects to complete the installation of the absorber unit within two weeks of its placement. In September 2023, Heidelberg Materials Sement Norge will proceed to install the system’s 100m-high absorber stack.

Brevik CCS operational manager Tor Gautestad said “The absorber is in many ways the heart of the carbon capture process, because it is where the flue gases are separated.”