Displaying items by tag: Capacity

India: JSW Cement has commissioned another 2Mt/yr of grinding capacity at its Vijayanagar plant in Karnataka, increasing the plant's total capacity to 6Mt/yr. The expansion, which cost US$55m, increases the company's overall capacity to over 20Mt/yr.  JSW Cement was set to raise US$476m through an initial public offering (IPO), but the Securities and Exchange Board of India has placed the IPO plans ‘in abeyance’ as of September 2024, according to the Economic Times. Funds from the IPO were earmarked for debt repayment and financing a new unit in Nagaur, Rajasthan.

Chief executive officer Nilesh Narwekar said "This new capacity at Vijayanagar is a significant step towards increasing our overall capacity to 40.8Mt/yr while maintaining our commitment to sustainability."

India: Ramco Cements has increased its cement grinding capacity by nearly 1Mt/yr. The company carried out debottlenecking at its Kalavatala plant in Andhra Pradesh, enhancing capacity from 1.5Mt/yr to 2Mt/yr. Similarly, at the Valapady grinding unit in Salem District, Tamil Nadu, capacity has been increased from 1.6Mt.yr to 2Mt/yr.

Vietnam: Deputy director of Tan Quang Cement, Tran Van Hung, has proposed reducing cement plant capacity to address the significant supply-demand imbalance. With a current supply of 120Mt/yr and a demand of only 56Mt/yr, the oversupply has led to price pressures, according to the Vietnam News Brief Service. This strategy aims to stabilise prices amid rising input costs and declining sales, further challenged by China's competitive stance and increased export taxes.

Van Hung has suggested regulating plant operations through energy limits and penalties to control supply and stabilise prices.

India: RHI Magnesita India plans to invest approximately €442m to expand and upgrade its production capacity by the end of the financial year 2025, according to The Hindu newspaper. This follows a €331m investment over the past two years, which increased the company's refractory production capacity in India to over 0.5Mt/yr.

India: Indian cement manufacturers plan to invest approximately US$14.3bn over the next four years to increase capacity by 25%, adding 160-170Mt/yr of cement production, reports the Times of Oman newspaper. This expansion is reportedly driven by rising domestic demand and a significant infrastructure push by the government, with plans to invest US$1.7tn in infrastructure projects by 2030. The industry aims to fund this growth primarily through internal accruals, reducing reliance on debt. The top three producers —Ultratech, Ambuja, and Shree Cement — will reportedly contribute over 70% of the total capacity increase.

India: India’s top cement producers are planning to invest approximately US$15bn from 2025 - 2027 in capital expenditure, according to a report by ratings agency CRISIL. During this period, the industry is expected to expand cement grinding capacity by 130Mt/yr, which represents a fifth of the current capacity. This move is prompted by robust demand and competitive market share goals, reports the Economic Times.

Senior director and deputy chief ratings officer at CRISIL Ratings, Manish Gupta, said "Cement demand outlook remains healthy with a compound annual growth rate of 7% over the financial years 2025-2029. The surge in capital expenditure over the next three financial years will primarily cater to this growing demand as well as to the aspirations of the cement makers to improve their national presence."

Mexico: Cemento Cruz Azul will invest nearly US$40m to build a new grinding mill at its Lagunas cement plant in Oaxaca to increase cement production capacity. General manager  Mario Morán said that construction will be completed by October 2025.

Víctor Velázquez, chair of the board of directors, said "The mill is designed to be highly energy efficient and environmentally friendly, as it does not use water."

India: JSW Cement plans to more than double its cement grinding capacity from 20.6Mt/yr to nearly 41Mt/yr. The expansion involves six new greenfield units in Rajasthan, Punjab, Madhya Pradesh, Uttar Pradesh, Odisha and Maharashtra, and a brownfield unit in Vijayanagar; Karnataka, adding 20.25Mt/yr. The company also aims to increase its clinker production capacity from 6.44Mt/yr to 13.04Mt/yr. The new facilities in Rajasthan and Madhya Pradesh will each contribute 3.3Mt/yr to this expansion. In its offer document, JSW Cement stated that it sees potential in ‘green’ cement products like ground granulated blast furnace slag (GGBS) and plans to expand its presence in northern and central India.

Afghanistan: The National Development Corporation has announced that the production capacity of the Ghori Cement plants in Baghlan has increased to 700t/day from 350t/day previously, according to Bakhtar News Agency. This increase is reportedly due to attention from Islamic Emirate’s officials and the efforts of the National Development Corporation under the country’s new government.

Engineer Shafiullah Wahidi, director of Ghori Cement, revealed that 700 technical staff are working in three shifts to maintain production levels. Local residents and traders are urging further production increases to favour domestic products over foreign imports.

Chad: The Group Cement of Africa (CIMAF) plans to raise the production capacity of its Chad cement plant from 0.5Mt/yr to 0.7Mt/yr. Anas Sefrioui, President of CIMAF, conveyed this intention to Chad's President Mahamat Idriss Deby Itno, with the intention to meet market demands, reduce costs and create jobs. Sefrioui also announced that the official price of cement bags from the plant will be revised to alleviate public costs. The CIMAF cement plant in Lamadji, north of N'Djamena, commenced operations in June 2017.