Displaying items by tag: Plant
India: Orient Cement, a CK Birla Group company, is in talks with cement companies to acquire a cement plant as part of a plan to triple its capacity from 5Mt/yr to 15Mt/yr by 2020.
"We are in strategic discussions with three players to acquire a cement plant with a capacity of up to 2Mt/yr," said Deepak Khetrapal, managing director and CEO of Orient Cement. He declined to name the companies, but added that the plant would be ideally located in Madhya Pradesh or Chhattisgarh.
The expansion plan also involves setting up greenfield cement plants and expanding existing facilities. Orient Cement has set up a 3Mt/yr greenfield plant in Gulbarga, Karnataka, which will become operational shortly. The company also plans to open another greenfield plant in the next five years, according to Khetrapal.
Orient Cement has outlined a capital expenditure of around US$444m for the expansion plan, to be funded through internal accruals and debt. Currently the company operates in Telangana and three regions of Maharashtra: Khandesh, Vidarbha, Marathwada. The expansion will give Orient Cement access to markets in Karnataka and central India.
Mexico's Cemex to build new cement plant in Colombia
15 August 2014Colombia: Cemex has announced that it will begin construction of a US$340m cement plant in Colombia. The first phase of the project includes construction of a new grinding mill that will begin to produce cement in the second quarter of 2015. The rest of the plant will be completed in the second half of 2016.
"We are proud to contribute to the development of Colombia and wish to continue to be a long-term partner on its path to a prosperous, sustainable future," said Cemex's CEO, Fernando Gonzalez. The investment by Cemex Latam Holdings is expected to boost production capacity in Colombia from 4.5Mt/yr to nearly 5.5Mt/yr.
The plant will be built in the north-western Colombian province of Antioquia, a region with high economic-growth levels. It is expected to create 1000 direct jobs in the construction phase and around 300 jobs once operations begin.
Wonder Cement orders further MPS mills from Gebr. Pfeiffer
14 August 2014India: Wonder Cement, based in Rajasthan, India has placed another order with Germany's Gebr. Pfeiffer SE for the supply of raw meal and coal mills to India. The order was awarded to Gebr. Pfeiffer following positive experiences with identical mills that already operate at Wonder Cement's plant.
Active in the lime and cement industries Wonder Cement is planning to extend its cement plant in Tehsil Nimbahera in the Chittorgarh District. A rotary kiln with a capacity of an approximate 8500t/day will be supplied by the raw mill and coal mill ordered from Gebr. Pfeiffer.
The MPS 5600 B to be installed for the production of 605t/hr of raw meal with a fineness of 1.5% residue on the 212µm sieve will be equipped with a 5600kW drive. The coal mill will be produced on an MPS 3070 BK with a capacity of 40t/hr with a product fineness of 2% residue on the 90µm sieve. Due to the high abrasiveness of Indian coal, the mill will be equipped with adapted wear protection
Mongolia: Senj Sant is in the midst of constructing a new dry-process cement plant, which will be the first of its kind in Mongolia. The plant is being built to meet rising demand generated by a rapidly-growing economy. The new Senj Sant plant is strategically located in southern Mongolia about 450km from the capital city, Ulaanbaatar.
A deal with the European Bank for Reconstruction and Development (EBRD) to lend Senj Sant US$65m, following an earlier US$20m equity investment for a stake in Senj Sant that was agreed in May 2013, was signed recently by the EBRD's first vice president Phil Benett.
"This project represents yet another step towards the diversification of Mongolia's economy," said Bennett. Senj Sant, which is owned by Mongolia's Monpolymet Group, is using EBRD finance to continue funding the construction, commissioning and operation of the plant, which is expected to have a total capacity of about 3000t/day of cement with the start of production in 2015.
"The EBRD's long term finance, including equity, is not only helping us to build the first greenfield cement plant in Mongolia using the environmentally-friendly dry-process, but also supporting the company in raising business standards to international levels," said the CEO of Monpolymet Group, Munkhnasan Narmandakh. Mongolia's high levels of mining and infrastructure investment make investment in cement capacity key for future development.
Venezuela: On 21 July 2014 the president of Venezuelan cement producer La Corporación Socialista del Cemento, ángel Jesús Moreno Gudño, signed an agreement with the president of China's CATIC, Zou Kangning, for a new cement plant. The 1.2Mt/yr capacity plant will be located in Los Arangues, Lara State, Venezuela.
Democratic Republic of Congo: PPC Barnet DRC has awarded an EPC contract to Sinoma International Engineering Company for the construction of a new cement plant in the Democratic Republic of Congo. The signing took place in Kinshasa marking the inaugural phase of the construction. The main sponsors of the US$300m project include PPC, Barnet Group and the International Finance Corporation. The investment forms part of PPC's expansion plans in Africa, which aim to increase the company's revenue from outside South Africa from the current 26% to 40% by 2017.
"The plant is located near Zamba in the Cataracts district, approximately 230km from Kinshasa. The fully-integrated plant will consist of a five-stage preheater kiln with an inline calciner and will produce 1Mt/yr of cement to serve both the rapidly growing market in the Democratic Republic of Congo and neighbouring export markets," said PPC's Business Development Executive Trevor Barnard.
The plant is expected to take around 26 months to complete and commissioning is scheduled for the last quarter of 2016. The new plant will generate approximately 300 direct jobs once fully operational.
Tongling Shangfeng Cement to expand into Kyrgyzstan
13 August 2014Kyrgyzstan: Gansu Shangfeng Cement has announced its subsidiary Tongling Shangfeng Cement has signed a cooperation letter of intent with Zhu Rongjun to buy equities and invest in Zeth Cement in Kyrgyzstan.
Initially the two companies intend to build a 300t/day clinker production line and support cement production lines in Chui province. Tongling Shangfeng will hold 58% of Zeth Cement and Zhu will own the remaining 42%. Zhu has agreed to inject limestone mining rights and land-use rights that the company owns or controls for cement production into Zeth.
Indonesia: PT Indocement Tunggal Prakarsa Tbk is preparing to invest US$150m towards building two greenfield cement plants in North Sumatra and in Pati, Central Java respectively. Each plant will have a cement production capacity of 2.5Mt/yr. The company is currently conducting a feasibility study, said Indocement's president director Christian Kartawijaya. The investment is intended to boost the company's production by 2018 in reaction to decreasing market share.
Indocement aims to boost its production capacity by about 45% to 30Mt/yr in 2018 when the two greenfield plants are expected to have begun operations. Currently the company produces 20.6Mt/yr of cement. The new plants will maintain the company's market share in Indonesia at 31%. The company will source the funding internally.
Indocement has allocated US$385m for capital expenditure in 2014 to boost cement production. In October 2013 the company started work on its 4.4Mt/yr cement plant at Citeureup. This plant is planned to start operation in the fourth quarter of 2015.
Russia: Eurocement Group and China Triumph International Engineering (part of CNBM), have announced a project to build a mechanical engineering plant in the Ulyanovsk region. Total investments are estimated at US$3bn according to regional press. The implementation of this project was decided upon at a meeting of Ulyanovsk Governor Sergey Morozov, Eurocement Group President Mikhail Skorokhodov and representatives of China Triumph International Engineering.
The facility will make equipment for the cement industry as well as equipment for automotive, railway, oil and gas, chemical, defense and nuclear industries.
Skorokhodov said that Eurocement was currently implementing an 'unprecedented' phase of building new dry-process cement plants. It aims to increase its dry cement production ratio to 100% by 2018.
Krasnoyarsk Cement’s new dry-process line nears launch
06 August 2014Russia: Krasnoyarsk Cement plans to launch its new dry-process cement line at the Krasnoyarsk Cement plant in 2014. The launch date will depend on market conditions. Construction will cost Euro262m in total, Euro19.5m of which has already been spent. Construction works began in 2009.