Cement News tagged: International
Lafarge expansion to upset Dangote Cement plans?
Lafarge Wapco’s shareholders have approved the merger between the Nigerian unit of French cement maker Lafarge, Lafarge Wapco, and its wholly-owned South African subsidiary. The consolidation of the South African unit with Nigeria’s Lafarge Wapco, Lafarge says, will help accelerate its growth on the African continent and expand its product offering in South Africa and across the region. The ...
Philippines: Manila firm eyes plant in Cebu town
Explorations have begun for the establishment of a cement plant in the southwestern Cebu town of Pinamungahan in The Philippines. Glenn Baricuatro, Pinamungajan mayor, said that Century Peak Corporation, a Manila-based cement company, has been conducting exploration for nearly a year in the municipality's mountain areas in the municipality to determine mineral deposits for cement production....
India: Shree's Aurangabad plant begins commercial operations
Shree Cement has commissioned 2Mta grinding capacity at Aurangabad in Bihar and informed the Bombay Stock Exchange (BSE) on 10 July that the plant was now in commercial operation. "...the company has commissioned a grinding unit of 2Mta capacity at Aurangabad in Bihar on 30 June 2014," the cement maker said in a press release to stock exchanges. Shree Cement had 13.5Mta of cement capacity b...
Vietnam: Long Son Cement project could get go ahead
Vietnamese deputy prime minister, Hoang Trung Hai, is considering a proposal from the Ministry of Construction to add the Long Son cement project in the central province of Thanh Hoa to the national master plan for the cement industry in the 2011-20 period, with a vision to 2030. The deputy minister asked the ministry to carefully review the proposal from authorities of Thanh Hoa province. ...
The Philippines: Iloilo infrastructure projects run out of cement
Shipment delays as well as simultaneous infrastructure projects in Iloilo and other provinces have led to a shortage of cement in Western Visayas, Philippines. Wilhelm M Malones, acting director of the Department of Trade and Industry in Western Visayas, said the shortage is due to delays in shipping of cement and the rush to complete major infrastructure projects in Iloilo City. “It may ha...
Pakistan: locals demand share in Lucky Cement plant project
At a district chapter meeting for the Qaumi Watan Party (QWP) activists and office-bearers of Begukhel, Samandi and Darra Tang union councils have called for royalty shares in Lucky Cement and ISL Qaboolkhel uranium plant projects in Lakki Marwat, Pakistan. Highlighting that both companies had been established on Marwat soil, Imranullah Begukhel, QWP general secretary, alleged that residents...
Sinoma International secures Egyptian turnkey project
China National Materials Company Limited's (CNBM) subsidiary Sinoma International Engineering has won a turnkey contract for two new cement 5775tpd kiln lines with the Ministry of Defense of Egypt. The project is to be situated in Sinai in Egypt, about 50km south of El-Arish. The contracts are said to be worth EUR270m.
Zambia: government backs low-cost cement
A government minister in Zambia has commended the efforts of Zambezi Portland Cement to launch a new lower-cost cement and has asked other domestic cement producers to work on reducing their cement prices. Speaking in Ndola at an international trade fair, Minister of Commerce, Trade and Industry, Bob Sichinga, said cement companies, both existing and those emerging on the market, should cons...
Namibia: Ohorongo cement fights back against Chinese importers
Namibia's Ohorongo Cement plant, part of the German-based Schwenk Zement KG, is battling to beat off Chinese cement imports. Plant manager, Gerhard Hirth, said imports from China are always a few cents cheaper than their competitors. The Namibian government had promised Ohorongo Cement it would be protected while in its initial growth phase by a tariff agreement. Cement imports from outsid...
Kenya: Holcim won't buy out Bamburi Cement
Holcim said it has no intention of making a takeover offer for Bamburi Cement Ltd in Kenya if competition regulators allow its planned merger with Lafarge SA, Bloomberg reports. “We have no intention of making a takeover offer for BCL,” Holcim said. Bamburi will continue to trade on the Nairobi Securities Exchange, it said. Holcim, based in Switzerland, and Paris-based Lafarge SA are seeking...
Australia: Boral accuses union of blackmail
Boral's chief executive has gone on the offensive accusing the construction union of blackmail, a criminal conspiracy and an unlawful boycott of the company over the past 18 months. Mike Kane, Boral CEO, told the Royal Commission into trade unions that, despite getting an injunction against the Construction, Forestry, Mining and Energy Union (CFMEU), Boral has been frozen out of construction...
HeidelbergCement considering US cement plants
HeidelbergCement might buy the US and French cement plants that Lafarge and Holcim want to divest in order to receive the regulatory approval for their merger deal, according to Jefferies. Financial analysts Jefferies said in a note that HeidelbergCement managers told representatives during a capital markets day event on 2 July in California that the potential merger would be a "once in a gen...
Ireland: two former divisions of Quinn to be acquired
A consortium, including some executives from Sean Quinn's old business empire, expects to buy two divisions of the old business over the next two months. The Quinn Business Retention Company (QBRC), headed by the former tycoon's number two Liam McCaffrey, has teamed up with a UK private equity house Endless LLP for the arrangement. Aventas Manufacturing Group, which took over much of the Quin...
Hungarian concrete firms fined EUR9m
Eight ready-mixed concrete companies and the Hungarian Concrete Association were fined a total HUF2.79bn (EUR9m) for setting prices and colluding on market share by the country’s competition office, the Gazdasági Versenyhivatal (GVH). The GVH said the cartel activity took place between 2005 and 2007 and cited the fact that meetings were held in high secrecy as an aggravating factor. The fol...
Iran produces 18.23Mt of cement in 1Q14
Iran produced 18.23Mt of cement and 19.35Mt of clinker in spring 2014, which corresponds to the first quarter of the current Iranian calendar year (21 March – 20 June). Meanwhile, Iran exported around 18Mt of cement in the previous Iranian calendar year, which ended on 20 March 2014. The country’s cement output is currently about 80Mta, of which 50Mta is used by domestic industries.
Kazakhstan: strategic partner invests in Hantau plant
Kazakhstan Investment Fund JSC has attracted a strategic partner for the launch of production at the Hantau cement plant, Baiterek National Holding reported. 'Yug Cement Stroi' LLP acted as the strategic partner which attracted credit in the amount of KZT5.35bn (EUR21.4m) for seven years in the "Bank RBK" JSC and allocated to completing construction of the plant. Currently, a new dry-process ...