Cement News tagged: International
EPA settlement with Ash Grove Cement, USA
Ash Grove Cement Co has agreed to pay a US$2.5m penalty and invest approximately US$30m in pollution-control technology, the US Department of Justice and US Environmental Protection Agency announced. The EPA says the agreement, which resolves alleged violations of the Clean Air Act, will eliminate more than 17,000t of pollution from nitrogen oxides (NOx) and sulfur dioxide (SO2) each year. ...
Mixed bag from Euroconstruct as forecasts are reduced even further
Euroconstruct has further reduced its forecasts for European construction output, according to figures released last week. Although 2013 is still expected to be the trough, with construction output predicted to decline by 2.8 per cent, volumes in 2015 are now forecast to be even lower than 2012. However, the pace of the reductions has slowed from six months ago. The reductions for 2013 are ...
Proposal for Nagaland cement plant, India
The state government of Nagaland, India, plans to establish a cement factory to meet local requirements and export to Southeast Asian markets. Chairman of the Nagaland State Mineral Development Corporation (NSMDC) Thomas Lotha said the proposed plant had been initiated in view of the huge economic potential of the state’s mineral deposits, according to reports by United News of India. Plans...
CIMAF starts Gabon cement plant construction
Morocco’s Ciments de l’Afrique (CIMAF) laid down the first stone at its new cement works in Gabon on 13 June. Located in Owendo, some 15km south of Libreville, the XAF9.67bn (US$19.6m) cement plant will have an initial capacity of 0.5Mta. Group CEO, Anas Sefrioui, said: "We want, through these investments, contribute to the harmonious development of the Gabonese nation, the welfare and ...
Cementos Molins buys Cemex’ Sant Feliu works
Cementos Molins has reached an agreement with Cemex to buy the latter’s Sant Feliu de Llobregat cement plant near Barcelona. The Sant Feliu works has been out of action for months due to the downturn in the Spanish cement market. However, for now, Cementos Molins does not expect the reactivation of the plant any time soon. The main interest for the plant stems from its market, which will e...
Holcim to sell its operations in New Caledonia
Holcim will sell its operations in New Caledonia (Holcim Nouvelle Calédonie SA) to Tokuyama Corporation of Japan for an undisclosed amount. Holcim Nouvelle Calédonie SA, which runs a 200,000tpa grinding plant, has always been “slightly isolated from the rest of the group’s assets,” the company said in statement, making this divestment a strategically viable solution. Tokuyama will acquire ...
Lafarge Cement Zimbabwe eyes further investment
Lafarge Cement Zimbabwe has earmarked an investment of US$180-200m over the next 10 years to raise capacity in the southern African country. Speaking to local press during an event to launch the company’s “building better cities” branding campaign, managing director Jonathon Shoniwa said the new investment would increase the producer’s capacity by 1Mta from the current 0.45Mt. The move will ...
Venezuela to increase capacity of Cumarebo works
Industria Venezolana de Cemento (Invecem) will increase capacity at its Cumarebo plant, in the northeast of Falcón state, according to the Minister of Basic and Intermediate Industries, Ricardo Menéndez. The plant expansion will be carried out by means of a capacity increase in the kiln from 3000 to 4200tpd – a project which will see an investment of US$75m. At the plant, works are ongo...
Colacem looks to expand international presence
Colacem, Italy’s third-largest producer, has said it is looking to expand its presence abroad to help offset declines in domestic cement consumption. Director General Giuseppe Colaiacova told reporters at a press conference that the company wants to increase its business outside Italy more due to the market situation at home. The group has expanded internationally and has plants in Tunis...
Ambuja Cements' Rajasthan works expected by 2015
Ambuja Cements Ltd plans to establish a 4.5Mta cement plant in the northwest Indian state of Rajasthan by 2015. "Board approval is expected by end CY13; work at the plant site has already started – environmental clearances obtained, limestone mine ready, land acquisition process begun," Citi Research said in a note prepared on the comments of Ambuja Cements' management at the India Investor...
UBS cuts China Resources Cement target price
Investment bank UBS has trimmed its target price for China Resources Cement (CRC) to HKD4.85 from HKD5.5. The company's stock, however, has been upgraded from ‘neutral’ to ‘buy’. It noted that CRC's share price has already pulled back by about 30 per cent from its first quarter peak level, and believes the negatives in the macro environment and the local cement market have already been largel...
Cemengal receives new order from Latin America
Cemengal has received an order from a client in Latin America to supply a Plug&Grind®. This is a complete cement grinding and packing station, assembled in Spain with European components, shrunk to eight containers and able to produce up to 100,000tpa of standard OPC cement.
Al Jouf Cement halts production for maintenance, Saudi Arabia
Al Jouf Cement is to halt production for two weeks for unscheduled maintenance work, the company said in a statement on the Saudi bourse website. The cement producer will stop production from 17 June to 30 June according and the maintenance process is expected to cost about SAR6m (US$1.6m) which will be reflected in its second quarter financial results. Al Jouf highlighted that the stoppage ...
India: Sagar Cements to invest INR1200m in railway line
Sagar Cements Ltd will invest INR1200m |(US$20.8m) in a private railway line to improve its market reach and cut freight costs. The 7km line will connect the company’s plant, near Matampally in Nalgonda district of Andhra Pradesh, with the main railway line. Of the proposed investment of US$20.8m, INR980m (US$16.9m) is to come from debt and the remaining from internal accruals. “Completio...
ACC targets ready-mix concrete sales
ACC has devised an action plan, including product innovation, to strengthen its ready-mix concrete business. The 77-year-old company has lined up a series of ready-mix concrete products to push sales. Holcim-owned ACC is betting on the affluent and demanding lifestyle of GenNext to push its environment-friendly products. If used in open spaces like car park or garden pathway, Permecrete can a...
Pakistan: Lafarge launches 'Building Better Cities'
Lafarge Pakistan has placed innovation and performance at the heart of its strategy and wants to offer not only affordable housing but sustainable construction solutions accessible to everyone. Lafarge Pakistan, a subsidiary of Lafarge Group, France, launched ' Building Better Cities', its new corporate positioning along with a new modernised logo at an event in Islamabad. Amr Reda CEO of...