Asia / Oceania
Anhui Conch plans US$400m plant for South Kalimantan
Mar, 19 2012
(Indonesia) -- Chinese cement giant Anhui Conch Cement plans to begin construction of a plant in South Kalimantan later in 2012, with an anticipated investment of US$400m.
"The planned plant in South Kalimantan will be able to produce 2.5Mt/yr," announced Industry Minister MS Hidayat as he met with a business delegation from China's Anhui province at the ministry's office. The output will be used for domestic purposes.
Anhui Conch Cement is currently awaiting the completion of its land acquisition process and a license to be issued by the South Kalimantan administration so that the plant can be built in Tanjung, Tabalong. The plant will be equipped with a cement-grinding plant, a seaport, a 60MW power plant and other supporting infrastructure.
Hidayat added that Anhui Conch Cement is also preparing to acquire land in Manokwari, West Papua, in 2013 for another cement plant that would require US$400m. It is expected to meet cement demands in the surrounding areas.
International Finance Corporation, a member of the World Bank Group, is providing up to $70 million to Kenya's National Cement Company to increase the local supply of cement and promote infrastructure development in Africa More
Poor maintenance of a lift door led to a fatal accident at Kosmos Cement Co, a surface cement facility, owned and operated by Cemex, located in Louisville, Jefferson County, Kentucky