News

Shosholoza Cements (Pty) Ltd (“Shosholoza”) will build, own and operate a R500 million compact cement grinding plant in the Bojanala Special Economic Zone (SEZ) in Mogwase, North-West producing cement products for sale to the surrounding market up to a 300km radius.

The World Cement Association (WCA) announced today it is welcoming OneStone Consulting, a management consulting firm with global reach, as an Associate Corporate Member.

Krasnoyarsk Cement (a subsidiary of Sibcem Holding) sums up the results of work for six months of 2023. In the period from January to June, the company produced 333.8 thou. tonnes of cement. Compared to last year, the production volume increased by 19 %.

Ramco Cements Ltd is proposing to spend about ₹750 crore expanding capacity in Odisha and also acquiring land for its new project in Karnataka during this fiscal.

Decreased demand and increased costs have put Vietnamese cement makers in a difficult spot financially during the first quarter of 2023, said industry insiders and experts.

On 13 June, Minister of Investment, Industry and Trade of the Republic of Uzbekistan Laziz Kudratov held a meeting with the Chairman of the Board of China Energy Song Hailiang, during which they discussed the current state of the implementation of joint projects and prospects for further development of mutually beneficial cooperation. During the meeting, the progress of the implementation of projects for the construction of photovoltaic stations in the Kashkadarya and Bukhara regions with a total capacity of 1000 MW and a cement plant in Samarkand region with a capacity of 3 million tons was considered in detail.

JK Lakshmi Cement is planning to invest about Rs 8,000 crore over a six-year timeline, in order to scale up capacity to 30 million tpa from the projected 18 million tpa by end of FY24. The company’s overall aim is to ramp up to 30 million tpa by 2030.