Displaying items by tag: Expansion
FLSmidth selected for Ada plant modernisation
20 August 2014US: FLSmidth has been selected to supply the major equipment for the modernisation of the Holcim (US) Ada plant in Oklahoma. The modernisation of the pyro process is expected to deliver lower emissions of nearly all air pollutants while anticipating an increase in the plant's production capacity.
The contract includes a dryer crusher, a single stage preheater with an ILC-calciner, a dedusting cyclone, a ROTAX-2® kiln, a kiln bypass system, a Duoflex® kiln burner and an FLSmidth® Cross-Bar® cooler. With the installation of two new FLSmidth dust collectors, the project will significantly improve the plant's ability to reduce emissions of particulate matter.
The parties have decided not to disclose the value of the contract.
Shiva Cement gets nod for 200,000t/yr capacity expansion
20 August 2014India: Shiva Cement has received approval for an Interim Business Plan for a 200,000Mt/yr capacity expansion as proposed by the Project Management Committee (PMC). Shiva Cement's board of directors has also approved the project. Besides, the PMC has been authorised to take decisions for leasing, sale, disposal, or to deal with the idle fixed assets in the best interest of the Shiva Cement.
Ultratech allocates cash for expansion drive
07 August 2014India: Ultratech Cement has announced that it has earmarked US$1.14bn of capital expenditure (capex) towards expansion projects over the next three years.
"Our capex for the 2015 fiscal year is expected to be US$618m, for the 2016 fiscal year we will spend US$497m and for the 2017 fiscal year we will spend US$33.3m," said UltraTech Cement's Chairman Kumar Mangalam Birla at the company's recent Annual General Meeting. The producer currently claims a total cement capacity of 62Mt/yr. "By early 2016, we expect this to scale up to 70Mt/yr when all ongoing projects will be fully commissioned. A judicious mix of internal accruals and borrowings have been used for funding the projects," Birla said.
Speaking about recent acquisitions, Birla said, "The acquisition of the 4.8Mt/yr Gujarat Cement Units from Jaypee Cement Corporation at a cost of US$620m represents a milestone in UltraTech's growth strategy, strengthening its foothold in the growing western market and bolstering its coastal footprint."
IFC allocates loan to National Cement Company
30 July 2014Kenya: National Cement Company has received a US$70.2m loan from the International Finance Corporation (IFC). The loan will be used to fund its cement production expansion programme. With the help of the loan, National Cement Company can bolster cement production five-fold to 1.7Mt/yr by 2016 at a cost of US$200m. National Cement Company's CEO Narendra Raval stated that the company aims to close the Kenya's 6Mt/yr cement production gap to stabilise cement prices.
Raval stated that the company's five-fold increase in cement production would see a significant reduction in cement prices in Kenya, where increasing prices have been driving up the cost of construction. However, the entrance of new cement companies in the local market has seen an increase in competition and a gradual reduction in the volume of imported cement.
Venezuela: Cemento Andino's Trujillo plant in Venezuela is set to undergo a US$240m capacity expansion. The plant currently produces around 600,000t/yr of cement. The construction of a new production line is expected to triple Cemento Andino's capacity. The project will take around two years to complete, generating around 500 direct and 1000 indirect jobs.
Indocement to spend US$335m on capital expenditure in 2014
04 December 2013Indonesia: PT Indocement Tunggal Prakarsa plants to spend US$335m on capital expenditure in 2014, according to its finance director, Tju Lie Sukanto. Most of the allocation will be spent on the construction of the Indonesian cement producer's new brownfield cement plant at Citeureup. He said that the funds will be completely sourced through the company's internal cash and will be used to improve company productivity.
The construction of the new plant at Citeureup started in October 2013 with an estimated total cost of US$545m. When the plant opens in 2015 it is expected to increase the company's cement production capacity by 4.4Mt/yr. The plant is being constructed in cooperation with China-based Tianjin Cement Industry Design and Research Institute. Indocement also plans to construct another cement plant in the same area with a cement production capacity of 1.9Mt/yr costing up to US$120m.
Jammu and Kashmir to expand Pulwama plant
31 July 2013India: The state government of Jammu and Kashmir intends to set up a 1000t/day cement plant at its existing site at Pulwama, according to its official spokesman. The plant will be built in a 12 hectare site at government's existing cement plant at Khrew in Pulwama. The new plant will fill the gap in demand in the local market. According to a preliminary survey, the state requires 3Mt/yr but it only has an installed cement production capacity of 1.5Mt/yr with demand growing at 10%/yr.
RAK Cement Company launches US$18m expansion
09 July 2013UAE: The Ras Al Khaimah (RAK) Cement Company has launched a US$18m expansion of its second kiln at its cement plant in Khor Khwair in Ras Al Khaimah. Sheikh Ahmed bin Humaid bin Mohammed Al Qasimi, chairman of the board of the RAK Cement Company launched the new expansion. Also in attendance was Yasser bin Ahmed bin Humaid Al Qasimi, director-general of the Union Cement Company, along with a number of senior officials.
Raysut making moves in Somalia, Yemen and UAE
01 July 2013Oman: The board of directors at Oman's Raysut Cement has announced that it will give the green light to the firm's plans for a series of expansion moves, both at home and abroad. As part of the plan, the country's largest cement manufacturer will establish modern state‐of‐the‐art Cement Terminal inside Oman's Duqm Port for storing, packing and distribution of cement. The facilities will include two silos, each with a capacity of 4000t. The port plan is expected to commence operation in the second half of 2014.
The Raysut board has also given approval for the establishment of a modern state‐of‐the‐art cement terminal at Berbera Port in Somalia. The construction, to be undertaken as a joint venture with local partners, will see storage, packing and distribution of cement from three 4000t silos.
Additionally, the board approved the establishment of a grinding plant in Mukulla, Yemen through its sister company Mukulla Raysut. Another joint venture with a local partner, the Yemen grinding plant will have a capacity of 0.5Mt/yr and will pack cement for the Yemeni market.
Finally, Raysut is planning to improve its Pioneer Cement Industries plant in the United Arab Emirates. The expansion will see the installation of an additional cement silo, a cooling system upgrade and the installation of environmental abatement systems.
"This development and expansion will have positive impact on the performance results and profitability of the company in the future," said Raysut in a statement.
Colacem seeks expansion abroad
19 June 2013Italy: Colacem, Italy's third-largest cement producer, is increasingly relying on foreign markets, according to director general Giuseppe Colaiacovo, who was speaking at a news conference. Colaiacovo said that the company was looking to offset the 'dire' Italian market.
The company plans to boost its presence in the Caribbean, where it already has a plant in Santo Domingo, Dominican Republic and is looking at the potential oil markets of some African countries such as Nigeria, Mozambique and Angola.