Economy & Market

Derba Midroc to start production

Published

13 years ago

May 31, 2011

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Derba Midroc Cement Factory, the 351 million dollar factory, located 70 km outside the capital in Sululta Town of North Shoa Zone, Oromia Regional State, Ethiopia would start operation with an initial daily production of 1,800 tonnes of cement by the end of this month. The production would steadily progress to its full capacity of 60,000 tonne per day. "One of the major problems we have been facing is in obtaining electricity. We requested the electricity supply four years ago, but we have been met with only delays by the EEPCo," said Haile Assegdie, CEO of Derba Midroc Cement Factory. To speed up delivery of this, Derba Midroc had constructed a substation at the factory and installed a 132 KV transmission connecting it to the factory, for which the EEPCo was consulted at a cost of 12.8 million Br. The factory also needs a 150 tonnes-capacity crane to put the tops on the burners of the factory. "It depends on the commissioning of the power station and the transmission lines. Once that has been completed, we will see how much energy we can give them to run the factory," said Assegdie. Derba Midroc has contracted China National Building Materials (CNBM) for the engineering, procurement, and commissioning (EPC) of the project for 200 million dollars. CNBM will also be in charge of operating the factory and training the employees for one year after production starts. The factory has also signed an agreement with Volvo for the purchase of 1,000 trucks for the transportation of its cement.

Concrete

New appointment at TMEIC

Published

20 hours ago

April 17, 2024

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TMEIC Industrial Systems India, a Group company of TMEIC Corporation, Japan, has announced the appointment of Hidekazu Matsushima as the new Managing Director. Matsushima has been associated with Mitsubishi Electric FA division for domestic market in Japan since 1991 and been assigned in Industrial division in 1994, where he rolled out his mission of sales, marketing and business development of General industry (GI) such as paper, film, Oil & Gas, petrochemical, cement, food, automobile, semiconductor industries in Japan. During the establishment of TMEIC in Japan in 2003, he was assigned with the responsibility for domestic GI market Sales in Japan HQ, and then in plant and energy sales department.

Concrete

Social Impact Award for Ambuja Cements

Published

20 hours ago

April 17, 2024

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The West Bengal CSR unit of Ambuja Cements has won the 6th ICC Social Impact Award 2024 in the large industry category. It was recognised for its efforts in advancing ‘Gender Equality and Women Empowerment’. The CSR arm received a letter of appreciation from the Office of the Governor of West Bengal, further amplifying recognition of the organisation’s contributions to societal advancement. The initiatives undertaken by Ambuja Cements in West Bengal under the Women Empowerment programme harness the power of rural women as breadwinners, community leaders and change-makers. Encouraging women to form Self-Help Groups and Federations plays a key role in helping them achieve socio-economic empowerment.

Concrete

UCWL unveils new plant in Dabok, Udaipur

Published

20 hours ago

April 17, 2024

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JK Lakshmi Cement, a subsidiary of Udaipur Cement Works Limited (UCWL), has inaugurated its state-of-the-art cement mill IV at their Dabok plant in Udaipur, Rajasthan. The new mill pushes the plant’s cement capacity from 2.2 million MT to 4.7 million MT, making it one of the key players in the industry. The new facility is expected to enhance efficiency, productivity and provide exceptional product quality owing to its cutting-edge technology equipment while incorporating innovative measures to minimise its environmental impact. The event shows UCWL’s stern commitment to excellence and its contribution to the region’s infrastructure sector.