Global Cement
The ultimate filtration fibre for cement plants - Evonik - Leading Beyond Chemistry
Online condition monitoring experts for proactive and predictive maintenance - DALOG
Extend the service life of your kiln with veneering. Expect the best. REFRATECHNIK
Your Particulate and Gaseous pollution abatement partner - Thermax
  • Home
  • News
  • Conferences
  • Magazine
  • Directory
  • Reports
  • Members
  • Live
  • Login
  • Advertise
  • Knowledge Base
  • Alternative Fuels
  • Services
  • Jobs
  • Privacy & Cookie Policy
  • About
  • Register
  • Trial subscription
  • Contact
News Somaliland

Displaying items by tag: Somaliland

Subscribe to this RSS feed

MSG Group and Bedeschi agree to build plant in Somaliland

27 June 2022

Somaliland: MSG Group of Companies through it's DIFC Dubai based subsidiary company Horn Holding Group ltd (HHG) has signed an agreement with Bedeschi SPA Italy for the construction of phase 1 of a full cement plant in Berbera, Somaliland. Phase 1, a grinding unit, will take about 18 months and will have production capacity of 0.7Mt/yr. The project has also achieved financing from reputed Italian Financial Institutions. The complete full plant project shall take three years to complete with a production capacity of 1.2Mt/yr of cement and 1.0Mt/yr of clinker.

This article replaces an earlier version that erroneously stated that Raysut Cement was also involved in the project. MSG Group and Global Cement would like to make it clear that MSG Group is the 100% owner of this project.

Published in Global Cement News
Read more...

Competition Authority of Kenya acknowledges Zou Fengqi’s acquisition of 60% stake in Raysut Cement’s East African business

12 May 2021

Kenya: The Competition Authority of Kenya has granted China-based Zou Fengqi and Oman-based Raysut Cement exemption from regulatory approval on a recent application in line with competition guidelines. The Business Daily newspaper has reported that the application stated that Zou Fengqi plans to acquire a 60% stake in Raysut Cement’s business in East Africa.

Raysut Cement operates grinding plants in Mogadishu, Somalia and Somaliland.

Published in Global Cement News
Read more...

Raysut Cement to acquire majority stake in Maldivian terminal

04 February 2020

Maldives: Oman-based Raysut Cement has announced that it is seeking a 75% stake in a cement terminal in the Maldives, as part of its long-term global expansion strategy.

In a disclosure filed with the Muscat Securities Market (MSM) in Oman, Raysut stated, “Raysut Cement Company wishes to inform that it is in discussions with Cementia AG of Zurich to acquire its 75% shareholding in LH Maldives Ltd, a cement terminal located at Thilafushi Island, Maldives.” Both Cementia and LH Maldives are controlled by LafargeHolcim.

Raysut Cement is also constructing a 1.0Mt/yr cement grinding plant in collaboration with MSG Group in Somaliland, internationally recognised as an autonomous region of Somalia. In September 2019 Raysut signed an agreement to set up a 1.0Mt/yr grinding plant in Duqm, Oman and is also setting up a US$200m integrated cement plant in Georgia via its UAE-based subsidiary Pioneer Cement.

Published in Global Cement News
Read more...

Raysut Cement and MSG move forward on Somaliland grinding plant project

04 July 2019

Somaliland: Oman’s Raysut Cement has agreed to build a 1Mt/yr grinding plant with MSG Group. The project will have an investment of US$40m. Raysut Cement will own 55% of the joint venture with MSG Group holding the remainder. Raysut Cement previously had plans to build a cement terminal in the country with Barwaaqo Cement Company.

Published in Global Cement News
Read more...

Raysut Cement preparing to invest US$700m in India

04 December 2018

India: Oman’s Raysut Cement plans to invest around US$700m in India by 2022. Joey Ghose, the chief executive officer (CEO) of the company, said that about US$200m has been set aside to buy majority stakes in two local producers in early 2019, according to the Hindu newspaper. Raysut Cement wants to increase its total cement production capacity to 20Mt/yr. The investment will be funded by internal revenue and loans.

The cement producer is holding talks with companies in Chhattisgarh and the coastal region of Gujarat respectively. Each company has a production capacity of around 1.2Mt/yr. Raysut Cement also intends to invest up to US$500m in these companies following their acquisition by 2022, bringing their capacity up to 5Mt/yr.

Outside of India, Raysut Cement also says it is interested in buying a 70% stake in Kenya’s ARM Cement for US$100m. It is also in discussions to acquire buy cement producers in Uganda and Djibouti. It currently has projects in development in Somaliland and Somalia. The company also holds a majority stake in Pioneer Cement Industries Georgia.

Published in Global Cement News
Read more...

Somaliland government gives ownership of Berbera Cement Plant to Red Sea Cement

14 June 2017

Somaliland: The government of Somaliland, an autonomous region of Somalia, has given ownership of the Berbera Cement Plant to Red Sea Cement, a new company formed by Dahabshiil Group, Berbera Group and the Kuwaiti Kipco. The joint venture plans to renovate the abandoned plant, according to the Somaliland Press news website. The 0.2Mt/yr integrated cement plant was originally built by French and North Korean concerns in the late 1970s. However, production ceased at the site during the civil war in the 1990s.

Published in Global Cement News
Read more...

Raysut Cement confirms plans for joint venture with Oman Cement

10 May 2017

Oman: Raysut Cement has confirmed its plans to build a new cement plant via a joint venture with Oman Cement. The cement producer announced its plans in its first quarter financial report for 2017. The new company will be called Alwasta Cement Company. As announced previously the new project will be dependent on a feasibility report. It also announced that its project with Barwaaqo Cement Company to build a terminal in Somaliland, an autonomous region of Somalia, is progressing and that work on a new packing plant in underway.

Published in Global Cement News
Read more...

Raysut Cement reports progress on Somaliland project

08 November 2016

Somaliland: Raysut Cement is set to choose a contractor to build its cement terminal in Berbera. Soil investigation studies have been completed and the company is now about to choose an engineering-procurement-construction (EPC) contractor, according to a recent financial report. Once selected the construction of the plant is expected to take 12 months. The project is a joint-venture with Barwaaqo Cement Company that will build a 12,000t terminal for a cost of US$7.5m.

Published in Global Cement News
Read more...

Raysut Cement terminal in Somaliland making progress

06 May 2016

Somaliland: Raysut Cement, a cement producer based in Oman, has revealed that its project with Barwaaqo Cement Company in Berbera, Somaliland is progressing well. Raysut Cement signed a joint venture agreement with the Barwaaqo Cement Company in September 2014 to build a terminal for packing and distribution of bagged and bulk cement. The terminal will have a storage capacity of 12,000t and will be built with a capital expenditure of US$7.5m, according to the Times of Oman.

Published in Global Cement News
Read more...

Raysut Cement and Barwaaquo to build a cement terminal in Somaliland

17 September 2014

Somaliland: Oman's Raysut Cement Co has signed a joint venture agreement with Barwaaquo Cement Co to build a terminal at Berbera port in Somaliland for the packaging and distribution of cement. Salim bin Alawi bin Mohammed Baabood, Raysut Cement's CEO, signed the agreement with Ismail Saeed Hussain, chairman of Barwaaquo Cement.

"Pursuant to this agreement a terminal shall be constructed for the packaging and distribution of bagged and bulk cement using the latest technology at Berbera Port with a storage capacity of 12,000t," said Baabood. He added that the total investment cost of the project is about US$7.5m.

Published in Global Cement News
Read more...
“AI
“Loesche
“Airscape
Original Services - We Move the World - Flender
System solutions for the construction materials industry - Schmersal: the DNA of Safety
Acquisition Cemex China CO2 concrete coronavirus Export France Germany Government grinding plant HeidelbergCement Holcim Import India Lafarge LafargeHolcim Mexico Nigeria Pakistan Plant Product Production Results Russia Sales Sustainability UK Upgrade US
« June 2022 »
Mon Tue Wed Thu Fri Sat Sun
    1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30      



Sign up for FREE to Global Cement Weekly
Global Cement LinkedIn
Global Cement Facebook
Global Cement Twitter
  • Home
  • News
  • Conferences
  • Magazine
  • Directory
  • Reports
  • Members
  • Live
  • Login
  • Advertise
  • Knowledge Base
  • Alternative Fuels
  • Services
  • Jobs
  • Privacy & Cookie Policy
  • About
  • Register
  • Trial subscription
  • Contact
  • Conferences & Webinars >>
  • Global Ash
  • Global CemBoards
  • Global CemCCUS
  • Global CemEnergy
  • Global CemFuels
  • Global CemPower
  • Global CemProcess
  • Global CemProducer
  • Global Cement Quality Control
  • Global CemTrans
  • Global Concrete
  • Global FutureCem
  • Global Gypsum
  • Global GypSupply
  • Global Insulation
  • Global Slag
  • Global Synthetic Gypsum
  • Global Well Cem
  • African Cement
  • Asian Cement
  • American Cement
  • European Cement
  • Middle Eastern Cement
  • Magazine >>
  • Latest issue
  • Articles
  • Editorial programme
  • Contributors
  • Link
  • Awards
  • Back issues
  • Subscribe
  • Photography
  • Register for free copies
  • The Last Word
  • Websites >>
  • Global Gypsum
  • Global Slag
  • Global CemFuels
  • Global Concrete
  • Global Insulation
  • Pro Global Media
  • PRoIDS Online
  • Social >>
  • LinkedIn
  • Facebook
  • Twitter

© 2022 Pro Global Media Ltd. All rights reserved.