Cement News tagged: International
China to cut cement overcapacity with new plan
The Chinese government will soon release guidelines to further tackle industrial overcapacity, according to a report by the Xinhua Economic Information Daily. Xin Renzhou, an official from the Ministry of Industry and Information Technology, said his ministry and the National Development and Reform Commission (NDRC) has finalised details for a plan that will raise technology thresholds on en...
Philippines: six month cement sales accelerate to 10.13Mt
Cement sales in the first six months increased 6.18 per cent to 10.13Mt from 9.54Mt in 2012, the Cement Manufacturer’s Association of the Philippines said. The group attributed the healthy performance to the country’s improving construction business and to the government’s ongoing infrastructure programme. Meanwhile, the group reported that the industry imported 12Mt of clinker during the fir...
Bolivia to import more cement as demand rises
The manager of Insumos Bolivia, Óscar Sandi, said if the seasonal demand for cement in Bolivia continues to growth, the state-owned body will increase cement imports. "I do not think there were supply problems as such, there may have been delays in deliveries, but (the supply) is guaranteed. If there is unmet demand, we will import according to the volumes required, " he said. Official d...
Belarusian Cement Corporation gets go-ahead
Belarusian President Alexander Lukashenko has approved a plan for the creation of the holding Belarusian Cement Corporation. The new holding company is expected to comprise three cement plants: Belarusian Cement, Krasnoselskstroimaterialy and Krichevtsementnoshifer as well as a transport and logistics company. Work on establishing the holding company is expected to be complete in 2014. The ...
Kenya’s cement consumption leaps further ahead of production
Kenya’s cement industry, the largest in East Africa, will benefit from increased government spending on infrastructure projects and investors should buy shares on price dips, according to Kestrel Capital East Africa Ltd. “Increasing government capital expenditure in power and transport infrastructure projects will aid cement consumption growth,” the Nairobi-based brokerage said. Domestic con...
Ethiopian government commends Dangote over new cement plant
The prospect of large job creations arising from the establishment of the new cement plant has encouraged the government of Ethiopia has commend the effort of the president of Dangote Group, Alhaji Aliko Dangote, and promised to provide the enabling atmosphere to make the business thrive. The commendation, conveyed through a letter from the government of Ethiopia to Alhaji Dangote came on th...
USA: cement company seeks to stop pipeline
Essroc Cement Corp is suing to stop a natural gas pipeline from running through its Lawrence County property. Nazareth-based Essroc Cement Corp filed the lawsuit last Tuesday to stop the line, which is slated to go through the company’s land in North Beaver Township. The lawsuit names three defendants: NiSource Corporate Services and Pennant Midstream LLC, both of Columbus, and Houston-based...
Cementos Cosmos exports 13% of clinker to Brazil
The Brazilian market is offering Spain’s Cementos Cosmos the opportunity to maintain its clinker production at a high level. Of the 1.5Mt clinker produced at its Toral de los Vados plant, Cosmos exports 0.2Mt to Brazil. While the company’s management says it is preferable to sell the clinker in the market where it is produced, " the market situation has led us to take the opportunity our pa...
Tanga Cement breaks ground on new line
Tanga Cement Company Ltd (TCCL) has launched construction of a new clinker production line involving an investment of US$165m. Speaking at the groundbreaking ceremony, Lau Masha, TCCL board chairman, told local press: "Apart from increasing our clinker manufacturing capacity to match the current cement grinding, this project will also reduce cement manufacturing cost, improve quality and incr...
Peruvian seven-month dispatches rise 10.8%
Cement deliveries in Peru increased by 10.8 per cent YoY to 5,785,150t between January and July 2013, according to the country’s cement association, Asocem. Output from Asocem-affiliated cement plants also saw an upward trend to 5,911,497t, representing a 10.9 per cent rise when compared with the same period the previous year. Exports in Jan-Jul reached 108,620t, up 42.8 per cent against...
Cemex opens new marine terminal in Norway
The southern Norwegian port of Kristiansand is now home to Cemex’s fifth marine terminal. “With this strategically-located terminal in Kristiansand we close the gap between the west and east coast of Norway, because we could not reach this geographic region by truck,” explained Andreas Rotermund, Cemex Deutschland’s commercial and logistics vice president. The first cement cargo to be unlo...
Thang Long Cement launches new product, Vietnam
Thang Long Cement has launched a new cement product onto the market for large-scale construction projects, folllowing R&D carried out under the supervision of holding company, Semen Indonesia. The PC50 type cement, produced at the company’s Quang Ninh Factory, is designed for buildings with high specifications, or special concrete used for large projects such as bridges, roads, hydroelectric ...
Ecuador cement sales rise over 12% YoY
Domestic cement sales in Ecuador climbed 12.1 per cent in July to reach 584,767t from 521,828t in the same month of the previous year, data from Instituto Ecuatoriano de Cemento (INECYC) shows. For January-July 2013 period, accumulated cement sales totalled 3,692,072t, a 12.6 per cent rise on the 3,279,812t registered in the same period of last year.
Cost cuts help Holcim 2Q net profit edge ahead
Holcim has reported a slight increase in 2Q net profit as cost cuts helped boost profitability but weaker demand in India, Canada and Mexico fell short of expectations. Net income edged up to CHF383m (US$411m) from CHF377m a year earlier. Revenue fell 3.3 per cent to CHF5.33bn in the three months through June as Ambuja Cements Ltd, its Indian subsidiary, struggled with an early monsoo...
Pakistan cement producers consider price hike
Pakistan cement producers are considering increasing cement prices following government hikes in electricity prices and general sales tax. A source from the All Pakistan Cement Manufacturers Association told local press that domestic producers are considering a price increase of PKR35-40/50kg bag. The official said: “The price would be increased in order to pass on to consumers the impact o...
Argentina's July cement demand gains 11% YoY
Argentina’s cement plants dispatched 1.015Mt of cement to domestic and export markets, representing a MoM rise of nine per cent and a YoY increase of 11.3 per cent. The domestic market also enjoyed a significant advance in cement deliveries, which reached 1.005Mt, including imports. Compared with the previous month, this reflects a 9.9 per cent rise and with July 2012, domestic sales are up ...