Cement News tagged: International
Siam Cement Group to lift exports to Myanmar
Siam Cement Group (SCG) of Thailand plans to boost exports of its Elephant brand cement to Myanmar and expand its distribution network in the Southeast Asian country, according to an official of the company’s local subsidiary. Speaking to the Myanmar Times, Soontornpol Veerapravati, managing director of SCG Trading, which is SCG’s subsidiary in Myanmar, said the company would export 2Mt there...
Zambia confirms Lafarge MD deportation
Lafarge Zambia's managing director Folayinka Esan has been flown back to his country of origin, Nigeria, for contravening the Immigration Act, Zambia's Home Affairs Minister Edgar Lungu has said. Mr Esan, 44, a Nigerian but a holder of a British passport, had his resident permit revoked on Wednesday this week for violating the Immigration and Deportation Act number 18 of 2010. "Mr Esan had h...
Ecuador November sales advance 11.1 per cent YoY
Domestic cement sales in Ecuador reached 561,534t in November 2012, an increase of 11.1 per cent compared to the same month of 2011, according to the latest data from the Instituto Ecuatoriano del Cemento (INECYC). For the first 11 months of the year, accumulated sales totalled 5.5Mt, representing a 5.8 per cent YoY rise compared to the same period of 2011, INECYC figures shows.
Iran’s exports rise 30% in first eight months
Over the first eight months of the current Iranian calendar year (beginning 20 March 2012), Iran exported over 9.38Mt of cement and clinker, representing an increase of 30 per cent compared to the same period of last year, the IRNA News Agency reported. In terms of the breakdown of export volumes, some 8.246Mt of cement and 1.136Mt of clinker were exported, with the main markets being Iraq, C...
Jaypee/Aditya Birla talks advance, India
Talks between the Jaypee Group for its sale of its Gujarat based cement units to Aditya Birla have moved into the final stages, according to local media reports, adding that valuations of the deal have continued to put hurdles in the way of the deal. Reports that the Birla group have been negotiating for the price Jaypee Gujarat cement units and if the deal proceeds they may end up paying aro...
Taiwan Cement Corp to sign syndicated loan for expansion
Taiwan Cement Corp is expected to sign the contract for a syndicated loan worth NT$12.5bn (US$416.67m) to expand operations in China and acquire local cement plants. The Chinese banks with branches in Taiwan, Bank of China and Bank of Communications, are said to be among the underwriting banks. Mega International Commerical Bank is the leading undwriter among the other Taiwanese banks inclu...
MPA welcomes Autumn Statement’s modest boost to construction
Although the Autumn Statement by the UK's Chancellor of the Exchequer, delivered on 5 December, predicts an extended period of low economic growth and high public borrowing and deficits, the Mineral Products Association (MPA) sees the transfer of funding from current account revenue budgets to capital investment in construction represents a net positive for the construction and mineral produ...
South African competition set to intensify
The South African cement sector is set to see increased competition from the end of next year when Sephaku Cement starts production. The company is set to be the first new market entrant since 1934 through the construction of its new Aganang cement plant. It is also constructing a grinding mill near Delmas, Mpumalanga and “We look like we will produce 2.5Mta from the end of next year,” , CEO...
Angola expansion points to fast growing market
Portugal’s Secil leapt on to the African cement news pages this week with its announced intention to increase production at its Lobito plant in Angola from 0.28Mta to 1.8Mta. This will be a significant boost to the Angolan cement capacity, which currently stands at around 5Mta. The US$150m Secil Lobito expansion project will take three years to complete. The plant is 51 per cent owned by Sec...
India: Compat hears petitions in cement cartilisation case
The Competition Appellate Tribunal (COMPAT) has started hearings on the plea of 11 cement companies seeking stay on INR6307 crore (US$1160.4m) penalty imposed by fair trade regulator CCI on the grounds of cartelisation. It was COMPAT’s first hearing after the cement firms filed their amended petitions after CCI served them separate copies of its order providing them with complete details on p...
Nigeria: Dangote closes cement plant
The management of Dangote Cement Plc has finalised arrangements to temporarily close down its 4Mta Gboko Plant as a result of competition and excess cement in the market, according to Guradian News. The Group Head, Corporate Communication, Dangote Group, Anthony Chiejina who confirmed this in Lagos, said the move was necessitated by the glut in the market arising from the success currently b...
Myanmar cement firms prepare for building boom
LV Technology Plc (LVT) expects Myanmar's cement market to exhibit similar growth trend to Thailand's development path. The equipment supplier said: "There is massive potential for cement growth in Myanmar. The growth trends for the industry will be similar to Thailand, with more direct investments leading to higher demand," said Wisoot Anupunthumetha, an adviser for LVT. Supervising LVT's b...
Zimbabwe: Chilanga cement's Managing Director is deported
The Zambian government has deported the managing director of Lafarge cement barely a week after deporting directors of another cement plant Zambezi Portland. Fola Esan was bundled, denied access to his lawyers and put on next flight out of Zambia on Thursday afternoon. He has not been charged with any specific offence apart from the now famous charge of likely to be a danger to Zambia. But s...
Fiji Industries Ltd begins cement production
Fiji Industries Ltd has started the production of cement today. The mill broke down two weeks ago resulting in short supply of cement across the country. Fijian Holdings Ltdd Group Acting CEO Nouzab Fareed said the mill is at 40% capacity and hopes to reach 100% capacity and 24 hour production by Sunday. The supply of cement from Fiji Industries is expected to normalise by mid next week. Me...
Mali: new integrated Astro Cement plant to produce first cement
The latest addition to the cement industry of Mali, the Astro cement works located at Gangoterie is expected to be fully up-and-running on 21 December. The project, owned by Diamond Cement Mali (DCM), has a 1Mta cement capacity with a 0.5Mta clinkerisation unit installed at the village of Gangoterie, Bafoulabé, while grinding will take place at Ko-Gare in Kati, Koulikoro. The grinding facil...
US September shipments dip YoY
Total shipments of portland and blended cement in the United States and Puerto Rico for September 2012 were about 7Mt, slightly less than September 2011, figures from the US Geological Survey show. However, shipments for the year through September were 59.6Mt, up by about 10 per cent. Production The leading producing states in September were Texas, Missouri, California, Michigan, and Flo...