Displaying items by tag: Plant
Ugandan government to build cement plant in Karamoja
07 October 2016Uganda: The government intends to build a cement plant in Karamoja in partnership with Moroto Ateker Cement. The company is a formation of Uganda Development Corporation and Savannah Mines, a local firm based in Karamoja, with a shareholding of 51% and 49% respectively, according to the Monitor newspaper. Moroto Aterer has contracted India’s Saboo Technologies to build the cement plant in the Moroto Industrial Park. Saboo has completed a feasibility study and say that the plant will be completed in two phases.
Rioters attack Dangote cement plant in Ethiopia
05 October 2016Ethiopia: Rioters have set fire to trucks and machinery at the Dangote cement plant at Ada Berga in Oromia, according to the Ethiopian state broadcaster Fana. The riots have followed the deaths of at least 55 people in a stampede at a local religious festival on 2 October 2016. Regional government offices were also set on fire and a police station was stormed during the fracas.
Eurocement Group mulls upgrade at Savinskiy Cement Plant
05 October 2016Russia: Eurocement Group is considering implementing upgrades at its Savinskiy cement plant in the Arkhangelsk region. Production at the plant was stopped in 2010, according to the Rossiyskaya Gazeta newspaper. The plans were discussed at a forum in Sochi.
Cemex Latam clears interim land rights for Maceo project
04 October 2016Colombia: Cemex Latam has secured an interim contract with the government for its cement plant project in Maceo, Antioquia. The temporary solution will last until the end of an investigation into the irregular acquisition of the land, tax-free area and mining rights for the factory by Cemex Latam Holdings in 2012, according to the El Espectador newspaper. The company also intends to negotiate an extension of the lease contract, as per its original plans, in order to commence operation of the plant in early 2017.
An internal probe into the land deal found that irregular payments of US$20.5m had been made to Eugenio Diaz Correa, an individual connected to the deal. Cemex has fired Edgar Ramirez, vice president of planning, and Camilo Gonzalez, head of legal department, as part of the investigation and Carlos Jacks, the company's regional director, resigned. Cemex Latam has hired an external audit team and legal representatives in the case that was passed on to the Attorney General's Office of Colombia.
Lucky Cement set to open plant in Democratic Republic of Congo
04 October 2016Democratic Republic of Congo: Pakistan’s Lucky Cement is set to open its US$270m Nyumba Ya Akiba cement plant in Bas-Congo later in October 2016. The 1.2Mt/yr plant will be operated with Groupe Rawji, a local company, under the name CIMKO. It is financed by the African Development Bank, the International Finance Corporation, EKF and by Habib Bank among others, according to Bloomberg.
“We will take care of everything that can hinder your production, unfair competition, fraudulent imports, we will take care of that,” said Prime Minister Matata Ponyo Mapon to CIMKO executives in a show of support for the project at a recent meeting.
Palestine Investment Fund launches cement plant project
03 October 2016Palestine: The Palestine Investment Fund (PIF), the investment arm of the Palestinian Authority, has launched the first phase of a new cement plant, the first in the Palestinian areas. Investment in the plant is expected to reach US$310m and production will start in 2018.
The opening ceremony took place at the Jaser Palace in Bethlehem under the patronage of President Mahmoud Abbas. PIF chairman of the board Mohammad Mustafa attended the event with Louai Kawas, chief executive officer of Sanad Construction Industries Company, a PIF-owned company in charge of the plant.
Sanad Construction Industries Company was established in 1994 for the purpose of meeting the needs of the Palestinian construction market such as the provision of building material. The cement plant is intended to provide 90% of the cement needs for the Palestinian construction market. At present cement for the territory is purchased from Jordan and Israel.
Tabuk Cement delays opening of second clinker line to 2017
30 September 2016Saudi Arabia: Tabuk Cement says that its second clinker production line is expected to be commercially operational in the second quarter of 2017. The revised opening date is a delay from the original announced date of the third quarter of 2016. The cement producer has blamed the delay on ‘irregular non-compliance with the required capacity and specification’ of the second line. It added that the company will not incur additional costs due to the hold-up.
HeidelbergCement starts upgrade at Kaspi Plant
29 September 2016Georgia: HeidelbergCement has started work to upgrade its Kaspi plant with a new dry-process production line. The project officially started on 27 September 2016 with Prime Minister Giorgi Kvirikashvili laying a foundation stone at the site.
“We welcome that today HeidelbergCement is starting an US$100m investment project on the Kaspi plant for full modernisation of the plant and constructing a dry line for clinker production. This project will make the production process more efficient,” said Kvirikashvili.
Eagle Cement to hold groundbreaking at Davao plant in October 2016
28 September 2016Philippines: Eagle Cement plans to hold the groundbreaking ceremony for its 2Mt/yr plant at Davao on 20 October 2016. The US$300m project is intended to meet demand from infrastructure development near Manila, according to the Philippines News Agency. Ramon S Ang, the owner of Eagle Cement, said that the construction of the plant is part of a plan he announced earlier in 2016 for the cement producer to help support the country's growth while strengthening its position in the industry.
Colombia: Cemex Latam has dismissed its Vice President for Planning and the General Attorney for its Latin American and Colombian units following an investigation into US$20m payments related to a cement plant being built in Maceo, Antioquia Province, Colombia. In addition, the unit’s chief executive officer has resigned in connection to the probe, according to Bloomberg.
The South American subsidiary of Cemex found payments of about US$20m had been made to a non-government individual for land and mining rights, and benefits related to a tax-free area where the Maceo cement plant is being constructed, according to a regulatory filing released by the Colombian financial regulator. Cemex has informed the Colombian prosecutors of the results of its internal probe.