Detailed Overview of Cement Production Plant
China’s largest cement maker, Anhui Conch Cement, plans to begin construction of a cement plant in South Kalimantan later this year with an anticipated investment of US$400 million, a minister says.
‘The planned plant in South Kalimantan will be able to produce 2.5 tons of cement annually,’ Industry Minister M.S. Hidayat told reporters after meeting a business delegation from China’s Anhui province at the ministry’s office. The output will be used for domestic purposes.
Indonesia’s per capita cement consumption of 171 kilograms remains far lower than its peers, including Thailand and Vietnam’s respective 394 and 564 kilograms per capita consumption. There are growth opportunities; therefore, for cement makers, especially given the fact that cement is one of the key indicators of gross domestic product (GDP) growth in a domestic consumption-reliant economy.
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, according to Hidayat.
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The cement industry in India is witnessing high rate of growth due to the ever increasing demand for civic infrastructure.
The cement industry in India took off a few years after the country gained independence. Though the initial few years did not witness major progress, but since around 1970, the growth has been steady and rapid.
Ever since the Indian government took the control of the country from the British, it has been struggling with various developmental issues. Due to the enormous population of India, there has been a perpetual focus on the development of civic infrastructure as well as housing facilities. The high demand for cement, coupled with favourable Governmental policies, have been favourable factors driving the growth of the cement industry in India.