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Sanghi Industries secures financing from Kotak Investment Advisors

06 December 2022

India: Sanghi Industries has borrowed US$60.6m from Kotak Investment Advisors. The cement producer secured the funds in the form of non-convertible debentures (NCDs).

Sanghi Industries produces its Sanghi Cement brand cement in Gujarat.

Published in Global Cement News
Tagged under
  • India
  • Sanghi Industries
  • debenture
  • Finance
  • funding
  • Gujarat
  • GCW586

Cemex Dominicana partners with Nestlé Dominicana for alternative fuel co-processing

06 December 2022

Dominican Republic: Cemex Dominicana has announced the signing of a new sustainability agreement with food producer Nestlé Dominicana. Under the agreement, Cemex Dominicana will co-process Nestlé Dominicana's non-recyclable high-calorific solid industrial waste as alternative fuel (AF) in its cement plant.

Cemex's Dominican Republic, Puerto Rico and Haiti regional director José Antonio Cabrera said "This agreement with Nestlé allows us to continue promoting our Future in Action strategy by operating our cement plant with AF." He concluded "We are committed to becoming a net-zero CO2 company."

Published in Global Cement News
Tagged under
  • Cemex
  • Dominican Republic
  • Cemex Dominicana
  • Nestlé
  • Alternative Fuels
  • agreement
  • Deal
  • Supply
  • Waste
  • circular economy
  • target
  • net zero
  • GCW586

Siam Cement Big Bloc Construction Technologies to build new concrete panel and block plant

06 December 2022

India: Siam Cement Big Bloc Construction Technologies has bought 60,000m3 of land at Ramosadi in Gujarat's Kheda District. The concrete producer informed the BSE Exchange that it plans to build an autoclaved aerated concrete (AAC) panel and block plant at the site.

Published in Global Cement News
Tagged under
  • India
  • BigBloc Construction
  • Siam Cement Big Bloc Construction Technologies
  • Autoclaved aerated concrete panel
  • AAC
  • concrete block
  • GCW586

UltraTech Cement commissions two new Northern Indian grinding units

05 December 2022

India: UltraTech Cement says that it recently commissioned two new grinding units in Northern India. The Aditya Birla subsidiary commissioned a new 1.8Mt/yr grinding unit at its expanded Dhar integrated cement plant in Madhya Pradesh on 27 November 2022. The company also inaugurated its new 1.8Mt/yr Dhule grinding plant in Maharashtra. The projects form the first phase of 12.9Mt/yr-worth of planned expansions, announced by the company in late 2020.

UltraTech Cement's managing director Kailash Jhanwar visited the Dhar cement plant to congratulate the team there on its contribution to the expansion drive.

Published in Global Cement News
Tagged under
  • UltraTech Cement
  • Capacity
  • Strategy
  • growth
  • development
  • Plant
  • Expansion
  • grinding plant
  • Inauguration
  • Madhya Pradesh
  • Maharashtra
  • GCW586

Siam City Cement breaks ground on Thi Vai grinding plant Mill 2 project

05 December 2022

Vietnam: Thailand-based Siam City Cement has launched construction of Mill 2 of its 1.3Mt/yr Thi Vai grinding plant in Ba Ria-Vung Tau Province. Việt Nam News has reported that the company plans to invest US$35m in the project.

The Thi Vai grinding plant cost US$53m when built in 2003.

Published in Global Cement News
Tagged under
  • Vietnam
  • Siam City Cement
  • Siam City Cement Vietnam
  • Project
  • Grinding mill
  • grinding plant
  • Upgrade
  • Investment
  • GCW586
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