Displaying items by tag: Plant
PT Semen Indoensia plans feasibility study for cement plant in Aceh
12 November 2015Indonesia: PT Semen Indonesia is conducting a feasibility study in Aceh in connection with its plan to build a cement plant in Pidie, Aceh.
"Our partner is ready to build a cement plant in Aceh. We are now in the process of completing the feasibility study. The ground-breaking ceremony is expected to take place in 2016 if all the processes go well," said the company's President Director, Suparni. He noted that around US$257 – 294m will be invested to develop the 3Mt/yr cement plant, excluding the infrastructure cost. He added that the company will set up a joint venture for the project with a local company in which PT Semen Indonesia will later be the majority stockholder, with more than 70%. "It is forecast that the construction will be completed in 2019 - 2020," said Suparni.
The cement plant would target consumers in the eastern parts of Sumatra and North Sumatra, with a possibility of exporting some of its production to Myanmar, Malaysia, and Singapore. It will also target Bangladesh in view of the country's cement needs, which have so far only been met through imports. "Bangladesh only has one cement plant that cannot fully meet the country's demands. Around 85% of the country's needs are met through imports," said Suparni.
Suparni claimed that the efforts to boost exports will also be made following the completion of Semen Indonesia's 3Mt/yr Indarung VI plant in West Sumatra and a 3Mt/yr plant in Rembang, Central Java, in the third quarter of 2016.
Anouar Invest to launch cement plant in Laâyoune
11 November 2015Morocco: Holding company Anouar Invest plans to build a 500,000t/yr cement plant in Laâyoune as part of the new southern provinces development projects in infrastructure and housing. With an investment package of US$30m, Ciement Sud (CIMSUD) will start operations by July 2017. The plant will be located in the area in Foum El Oued, Laâyoune. The group has also started construction of a cement plant in Settat with a budget of US$300m. It will produce 2.2Mt/yr of cement and will be in operation late 2018.
Uzbekistan/Turkey: The Turkish Dal Engineering Group plans to commission a new 1.5Mt/yr cement plant in Surkhandarya by late 2017. A Turkish company and Almalyk Mining and Metallurgical Combine (AMMC) have signed a memorandum on cooperation for the construction of the cement plant.
The US$225m cement plant will potentially be financed by a US$90m loan from the Fund for Reconstruction and Development of Uzbekistan, commercial banks loans totalling US$110m and the equity of AMMC, worth US$24.4m.
Uzbekistan currently has six cement plants with a total installed capacity of more than 7Mt/yr. The largest of them are Kyzylkumcement (3.08Mt/yr), Akhangarancement (1.74Mt/yr) and JSC Kuvasaycement (920,000t/yr). Cement production in Uzbekistan in 2014 increased by 5.1% to 7.35Mt.
Western Diamond Cement opens in Takoradi, Ghana
09 November 2015Ghana: Western Diamond Cement Limited (WDCL) has launched its product in Takoradi under the brand name 'Diamond Cement.' The company, which has the first vertical cement mill in Ghana, will produce 42.5 rapid and 32.5 rapid cements. It has 6500t of clinker storage.
Buddarajo Roju, Manager of Quality Control at Western Diamond Cement Limited, said that Ghana is a vibrant economy and that there is rapid growth in the whole of West Africa, especially infrastructural development. He said that the company is committed to implementing the Environmental Impact Statement to the Environmental Protection Agency and mitigation measures on dust generation, noise impact, as well as liquid and solid waste.
Ciments de l'Afrique Cameroon launches new cement plant in Cameroon
09 November 2015Cameroon: The launch of Ciments de l'Afrique Cameroun's (CIMAF) new 500,000t/yr cement plant brings Cameroon's cement plant number to three. The Moroccan-based company has been supplying cement to Cameroon for several months and intends to increase production to about 1Mt/yr in the near future.
The other two cement plants in the country are Les Cimenteries du Cameroun, the oldest company in the country that produces 1.6Mt/yr, as well as Dangote Cement Cameroon, which was commissioned several few weeks ago and produces 1.5Mt/yr of cement. Estimated domestic cement demand stands at 2.8Mt/yr. Turkey's MEDCEM is also constructing a 600,000t/yr cement plant in Douala.
Nigeria: The Edo State Government has began moves to recover US$31m that was fraudulently taken from government coffers during the administration of Lucky Igbinedion as Governor. This was part of the decisions reached at the end of the State Executive Council meeting, held on 5 November 2015.
"There is an issue of fraud that was discovered while turning our books. We found that US$31m was fraudulently taken from state coffers during the administration of Chief Lucky Ogbinedion. The governor has directed the Attorney-General to commence legal action in that direction," said Commissioner for Information, Louis Odion. "In the coming days, the state government will take legal action to ensure that what was stolen from Edo State Government is recovered."
Throwing light on the US$31m fraud, the Commissioner for Commerce and Industry, Honourable Abdul Oroh said: "The US$31m was stolen for a transaction that was designed clearly for criminal purposes. This project was called 'Abat Cement Company,' situated in Ekpe, Akoko. The company was supposed to produce cement to take advantage of the large deposit of limestone in that part of the state. The company was registered as Abat Cement Company Limited and had three shareholders. The Abat Cement Company had 75% of the shares, Edo State Government had 15% of the shares and 10% of the shares were reserved for 'other Nigerians.' Although Edo State government was given only a 15%, 100% of the revenue invested in the company, the US$31m, was taken from the account of Edo State Government. The shareholder agreement was signed by the Fashunu and Governor Igbinedion. As the money was withdrawn, construction of the company started and all the major structures were in place, 90% of the machines were installed, but there was no contribution from any other source for the construction and procurement of this equipment. Everything invested in that company came from Edo State Government.
Gezhouba Cement to build cement plant in Kyzylorda
04 November 2015Kazakhstan: Gezhouba Cement Group Co Ltd plans to construct a cement plant in Shiyeli, Kyzylorda with partner Corporation Dan Ake to form the joint venture, Gezhouba - Shiyeli Cement. Construction of the 1Mt/yr cement plant will begin in February 2016 and create 400 new jobs.
Gezhouba Cement said that the region has created favourable conditions for investors and the implementation of joint projects. "Gezhouba Cement is known not only in China but also abroad. It is included in the list of the best companies for the production of cement. On 23 December 2014 an agreement for the implementation of joint projects in Kyzylorda was signed. We are grateful to the CEO of Corporation Dan Ake, Daulet Turlykhanov, for having helped to attract investors. In addition, our side will create all the conditions for the realisation of the project," said region Governor, K Kusherbayev.
Lithuania: Eternit Baltic UAB, the corrugated fibre cement sheet plant operating in Naujoji Akmene in the north of Lithuania, has begun the construction of new production facilities. The new production facilities will produce Cedral cement siding for the local market and for the Central and Eastern European markets.
Etex, which owns Eternit Baltic UAB, plans to invest approximately Euro34m in the construction of the new production facilities. Implementation of the project will take a little more than one year. Production is expected to start in early 2017. The new production facilities will enable the company to produce over 4Mm2/yr of cement siding. Approximately 50 new jobs will be created in the new production facilities in three years. Eternit Baltic currently employs approximately 150 people.
Birla Corporation commissions cement blending unit in Uttar Pradesh
03 November 2015India: Birla Corporation has commissioned its 50,000t/yr cement blending unit in Raebareli, Uttar Pradesh. In August 2015 it agreed to acquire, either directly or through its wholly-owned subsidiary, Lafarge India's Jojobera and Sonadih cement businesses for US$763m.
West China Cement to buy Yaowangshan Cement for US$121m
02 November 2015China: West China Cement has agreed to acquire the entire equity interest of Tongchuan Yaowangshan Ecological Cement Co Ltd as well as shareholder's loan of US$121m. The Yaowangshan cement plant in Yaowangshan, Tongchuan, Shaanxi has 2.2Mt/yr of cement production capacity.
China Conch Venture and Red Day Limited, which is owned by West China Cement's Non-executive Director Ma Zhaoyang, agreed to inject US$14.2m and US$4.73m into Xi'an Yaobai Environmental Technology Engineering Co Ltd. Upon completion, Yaobai Environmental will be 60% owned by Conch Venture, 20% by Red Day and 20% by West China Cement.
West China Cement expects to record a US$63,096 loss as a result of the transactions. The parties agreed to develop Yaobai Environmental into the only platform for the treatment of dangerous and hazardous waste for the parties within China. West China Cement believes that the investments from Conch Venture and Red Day, which will provide additional financial resources to Yaobai Environmental, is an important step towards this goal and paves the way for further collaboration among the parties.