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Tag: Port

Ambuja Cements to acquire Sanghi Industries stake and expand Sanghipuram plant
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Thursday, 03 August 2023 / Published in News

Ambuja Cements to acquire Sanghi Industries stake and expand Sanghipuram plant

India: Ambuja Cements has concluded a deal to acquire a 57% stake in Sanghi Industries for US$202m. Reuters has reported that the company has offered to subsequently increase its stake in Sanghi Industries to as much as 83% for up to US$295m in total. It will fund the acquisition of any stake through internal accruals. Sanghi
AcquisitionAdani CementAdani GroupAmbuja CementsCapacityExpansiongrowthGujaratIndiaPlantPortPower PlantSanghiStrategyWaste Heat Recovery
Marmara Çimento to build cement plant in Istanbul Region
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Saturday, 10 June 2023 / Published in News

Marmara Çimento to build cement plant in Istanbul Region

Marmara Çimento has secured environmental clearance to build a new cement plant at Çiftalan in Istanbul Region. PortsEurope News has reported that the plant is associated with a US$3.08m port construction project called the Çiftalan Marmara Cement Port project. Marmara Çimento submitted plans for the project in December 2021. The planned port will have sufficient
canalenvironmental clearanceGovernmentInfrastructurePlantPortProjectShippingTürkiye
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Wednesday, 19 April 2023 / Published in News

Nigerian cement producers among group of manufacturers that spent around a quarter of revenue on raw materials in 2022

Raw material costs for a group of major local manufacturers – including BUA Cement, Dangote Cement and Lafarge Africa – accounted for 24% of revenue in 2022. The increase in the cost of raw materials was driven by a shortage of foreign currency, raw material availability, logistics issues at ports and rising energy costs, according
BUA CementcurrencyDangote CementenergyinflationLafarge AfricalogisiticsNigeriaPortRaw MaterialsResults
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Monday, 10 April 2023 / Published in News

Abu Dhabi Ports Group secures Arish and Port Said cement terminals contract

The General Authority for the Economic Zone of the Suez Canal has awarded UAE-based Abu Dhabi Ports Group (ADPG) a contract to operate two cement terminals, at Arish and Port Said. ADPG plans to establish 60,000t-worth of additional cement storage capacity at the Arish cement terminal, and 30,000t-worth of new cement capacity at the Port
Abu Dhabi Ports GroupContractEgyptExportexportsPortTerminal
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Wednesday, 29 March 2023 / Published in News

Kasanga port to expand capacity

Tanzania Ports Authority (TPA) plans to expand the capacity of the 54,000t/yr port of Kasanga on Lake Tanganyika in Rukwa Region. Mbeya Cement Company exports 42,000t/yr of cement via its terminal at the port to the Democratic Republic of Congo and Zambia. The port has been undergoing a US$1.92m upgrade to raise its berths due
CapacityExportGCW601MbeyaPortShippingTanzaniaTanzania Ports AuthorityTerminal Democratic Republic of CongoZambia

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