Cement News tagged: International
Misr Beni Suef signs equipment contract to facilitate coal usage
Misr Beni Suef Cement has reportedly signed contracts with a European company for the equipment needed to operate a kiln line with coal, involving an investment of EGP200m (US$28m). A company source told local press that after the purchase the cement producer would operate one line with coal and the other with natural gas. Misr Beni Suef Cement is negotiating with several bank for financing...
Mitsubishi Materials Corp to reopen California terminal
Mitsubishi Materials Corp, Japan’s second-biggest cement maker, plans to restart its US import terminal for the first time in seven years, Naoki Ono, president of the company’s cement operations, told Bloomberg in a recent interview. The company is preparing to reopen its terminal in California’s Long Beach as soon as the second half of 2015 and is considering a second US terminal in San Dieg...
Boral to cut 28 jobs as Maldon prepares to cease clinker production, Australia
Boral is to axe up to 28 jobs as the Australia-based producer ceases clinker production at its Maldon works as of 31 December. Ross Harper, executive general manager of Boral Cement, said a decline in demand for off-white clinker, which forms the basis of a range of specialty cement products, was behind the decision. “Unfortunately demand has declined sharply as consumers switch to produ...
Improving demand outlook for southern India
Cement demand in southern India is expected to witness stronger rates of growth in the current fiscal led by infrastructure projects in Andhra Pradesh, a new report has forecast. Southern Indian consumption is expected to rise by 5-7 per cent in FY15 compared to one per cent YoY growth in FY14, a report by Karvy Broking said. The improved demand scenario will initially will be from infras...
Belgorodskiy Cement monthly output increases 6% YoY
Belgorodskiy Cement, a member of Russia’s Eurocement group, produced 155,439t of cement, six per cent more than the same month of 2013. The company witnessed increased demand for high-quality PC-500-D0-N cement during April 2014. A total of 27,325t of this cement type was produced, 15,077t more than during the comparative period in the year before.
Venezuela: Cemento Andino output reaches 283,308t
Venezuela’s Cemento Andino produced 283,308t of cement between January and mid-June. The output was delivered to serve the Trujillo, Mérida, Barinas, Portuguesa, Lara and Zulia markets, according to Oswaldo Zerpa, Andino’s general manager. The company is currently building a second production line which will see its capacity increase to 2.1Mta.
Cemex invests in Dominican Republic operations
Cemex is carrying out investments DOP989m (US$22.75m) worth of investments in the Dominican Republic to improve energy efficiency as well as enhance bagging and distribution capabilities. Some DOP800m will be invested in the company’s San Pedro de Macoris cement plant, while DOP DOP189m will be spent on various activities to strengthen its business. Among the planned projects will be a wast...
PT Holcim Indonesia officially launches production at Tuban I
PT Holcim Indonesia Tbk officially announced its first cement production from Line 1 at its Tuban plant on 17 June 2014, adding 1.7Mta to the company’s total production capacity. The inauguration ceremony was attended by the Board of Directors and a number of key customers and distributors. In his opening address, Holcim Indonesia CEO, Eamon Ginley said: “The demand for Holcim produc...
Lafarge Zimbabwe investigating locations for US$250m cement works
Lafarge Zimbabwe is currently looking for a suitable location for a new US$250m cement plant in the country. Feasibility reports will be carried out in areas with large limestone deposits. Chief executive, Amal Tantawi, said: "We have so far identified one limestone deposit to help feed the plant and the company continues to look for more deposits. Feasibility studies are being conducted on...
Peru: cement dispatches edge ahead
Between January and May 2014, Peru’s cement market expanded by 0.51 per cent YoY to 4,129,906t, according to the latest figures from the domestic cement association, Asocem. Production rose by 0.95 per cent YoY to 4,231,221t in the first five months of the year, from 4,191,295Mt in the same period a year ago. Exports jumped from 81,356t to 95,716t, up 17.65 per cent during Jan-May.
HeidelbergCement to sell building materials business
German cement maker HeidelbergCement will dispose of its bricks and building materials business, and has already contacted several banks about the deal, the Financial Times reported. The paper advised that HeidelbergCement's CEO, Bernd Scheifele, had been planning on conducting the sale for a long time. The division is expected to be sold for a sum of between US$1.5bn-2bn (EUR1.1-1.5bn). In ...
Huaxin acquires stake in Cambodian plant
China's Huaxin Cement Co Ltd has bought a 40 per cent stake in Cement Chakrey Ting Factory Co Ltd of Cambodia. The US$24m investment was announced on 17 June, according to a recent company announcement. After the investment, the Cambodia cement producer's registered capital grew to US$60m from US$32m. The Hubei province-based cement manufacturer says the acquisition in Cambodia is the company...
Malaysia: Narra Industries to buy preference share in Hume Cement
Narra Industries Bhd, which is primarily an investment holding company for furniture and previously fibre cement, has won shareholder approval to diversify its business portfolio with new cement assets. The company will acquire concrete and cement assets from its sister companies under the Hong Leong Group. According to a filing with Bursa Malaysia, the vote was 99.08 per cent in favour for ...
Burundi Cement Co receives go-ahead for limestone quarry
Burundi Cement Co (BUCECO) has received government approval to start limestone exploitation on the edges of Cibitoke. Initially, the quarried limestone will meet 60 per cent of national demand but by 2020, the quarry is expected to cover the entire requirement. BUCECO was founded in 2004 by Tribert Rujugiro Ayabatwa. It currently employs 80 people. In March it announced that it had doubl...
Asia Cement targets increased market share
Asia Cement Corp said it plans to boost its market share in the provinces of Hubei, Jiangxi, Sichuan and Jiangsu, the company disclosed at its annual shareholders’ meeting. Through mergers and acquisitions, it aims to increase market share to above 30 per cent in five major Chinese cities: Wuhan, Nanchang, Jiujiang, Chengdu and Yangzhou. The Taiwanese producer is looking to acquire factories...
Cemex Colombia investigates alternative power sources
Cemex is interested in landfill biogas, wind and solar energy sources in Colombia and evaluates projects of US$50m (EUR36.9m) for the next five years, Colombian daily El Tiempo said last week. Cemex wants to guarantee 100 per cent of its power supply in the country, compared to 65 per cent now. The Mexican multinational currently operates three small hydroelectric stations in Colombia and a ...