Displaying items by tag: Hongshi

Indonesia: Hongshi Indonesia Tonga Cement has commissioned the first phase of its new cement plant in East Kutai, East Kalimantan. At this phase of its development, the plant has a capacity of 4Mt/yr. It holds 1Bnt of limestone reserves and is equipped with a 50,000t marine terminal. The plant is situated over 250km away from the site of Indonesia’s upcoming new capital city, Nusantara, also in East Kalimantan. Hongshi Indonesia Tonga Cement plans to subsequently raise the plant’s capacity to 8Mt/yr.

Nepal: China-based Hongshi Group has received clearance from the Nepal Rastra Bank to invest US$125m into Dang Cement. Hongshi Group owns an 85% stake in the cement producer, according to the Republica newspaper. The remaining 15% stake is owned by Shivam Cement. The investment will be used to build a 6000t/day production line at Dang Cement’s plant in Dang region. The project was previously approved by the Investment Board Nepal in late 2020 for commissioning in late 2023.

China: Anhui Panjing Cement has ordered an upgrade to its production line from KHD and AVIC. The project includes: installing new triple cyclones in conjunction with existing preheater top stage twin cyclones; a partial modification of downcomer duct; installing a new preheater fan; adding optimised and larger dip tubes for the existing cyclones; installing a new Pyrobox type calciner firing system; adding new raw meal pipes for the two lowest cyclone stages; making calciner modification within the existing preheater building; and installing a new kiln drive system. Where possible the project plans to use reuse existing equipment. It is scheduled for completion by January 2022. It follows a previous upgrade at the plant in 2020 – 2021.

Other recent orders that KHD has announced with China-based cement companies include an upgrade to a production line at Hongshi Group’s Lanzhou plant in Gansu province and the installation of NOx-reducing modifications on a 5000t/day clinker production line operated by China United Cement Baoding.

Nepal: Shivam Cement has received approval from the Securities Board of Nepal (SEBON) to launch an initial public offering. It will be the first cement producer in the country to become public, according to the Republica newspaper. Shivam Cement operates a 1250t/day plant and it has a captive limestone mine. The company also holds a 30% share in Hongshi-Shivam Cement, a Nepalese-Chinese joint venture that has started trial production at the Hongshi Cement near Dumkibaas in Nawalparasi district.

Nepal: Hongshi-Shivam Cement has started trial production at its new plant near Dumkibaas in Nawalparasi district. The joint venture between Nepal’s Shivam Holdings and Hong Kong Red Lion Cement No 3, a subsidiary of China’s Hongshi Group, plans to start commercial production by the end of June 2018, according to the Kathmandu Post. The Chinese company owns a 70% stake in the joint venture. The unit has a production capacity of 6000t/day.

In September 2017, the Investment Board of Nepal had signed a US$359m project investment agreement with Hongshi-Shivam Cement to build the plant. A 10km road was built to connect the site to the main local highway and another 22km road was built to link up a limestone quarry at Palpa. The company plans to double the unit’s production capacity to 12,000t/day by 2020.