Cement News tagged: International
Lafarge Malayan Cement warns of weak 4Q
Lafarge Malayan Cement said it expects the fourth quarter to be weak as demand has been impacted by the rainy season. At a briefing last Friday, the company said its recent unilateral price hike in August 2012 will be dampened somewhat by rebates and discounts. Analysts at CIMB Research had earlier expected the hike in prices to be the key driver in the second half of 2012, and underestimate...
China cement prices see second consecutive weekly decline
The average price of cement price in China continued to decline in the last week in November, showing a drop of 0.72 per cent on the previous week and marking the second consecutive week drop after three months of increases. A China Securities Journal report on Tuesday quoted data from the Digital Cement as saying that the cement price in Heilongjiang, Jiangsu, Shandong and Hebei provinces r...
Thailand's Siam Group to establish Banten cement plant, Indonesia
Thailand’s largest cement producer Siam Cement Group plans to establish a cement plant in the Lebak district of Indonesia, Banten province, according to media reports. Banten is the westernmost province of Indonesia on the island of Java "We project cement production to reach 6000tpa from PT Gama Group and Siam Cement Group which will operate as of 2013," chief of the Lebak District Integrate...
Bosowa aims for larger slice of Indonesian market
The Bosowa Corporation is planning to invest around IDR3trn in its cement activities to gain a greater share of the thriving Indonesian market. Speaking to the Jakarta Post, Bosowa CEO Erwin Aksa, said the company will spend a total of IDR10trn (US$1.06bn) by 2014 with a special focus on the cement and energy-related sectors. Next year, it plans to spend IDR6trn, half of which will be dedica...
Pakistan cement prices rise by PKR5/bag
Cement prices in Pakistan have increased by PKR5/50kg bag to PKR440-445 (~US$4.6) in various areas of the country, the Pakistan Observer reports. The rise is being attributed to a recent hike in coal prices which have seen an increment of around 10 per cent over the last three weeks."Cement industry experts said that during FY12, cement prices have followed an upward trend and posted an in...
Iran’s cement capacity reaches 86Mta
Iran’s cement production capacity is currently 86Mta, according to Iranian President Mahmoud Ahmadinejad. Speaking at the sidelines of an inauguration ceremony, Mr Ahmadinejad underlined the cement industry’s strong development in recent times considering that six years ago it was still dependent on imports. The country currently produces some 76Mta of cement. In the first seven months ...
Jaiprakash may not meet asset sale target – Kim Eng
Jaiprakash Associates may not meet its target of raising INR50bn via a sale of its plants in Gujarat and Andhra Pradesh states, according to analysis by Asian securities and investment broker Kim Eng. Jaiprakash on Monday said buyers are showing interest in its Gujarat plant only and not its Andhra Pradesh plant. It also denied media reports that said it had sold its 5Mt capacity Gujarat ...
HeidelbergCement commissions new grinding plant in Ghana
HeidelbergCement has commissioned a new cement mill with a 1Mta capacity at its Tema cement grinding plant in Ghana. HeidelbergCement’s new 1Mta grinding mill in Tema, Ghana Ghacem, a subsidiary of HeidelbergCement, operates two cement grinding plants in the coastal cities of Tema and Takoradi, Ghana. With the commissioning of the new mill, Ghacem has increased its cement grinding...
Lucky Cement not to build cement plant in India
Pakistan’s leading cement manufacturer and exporter Lucky Cement Ltd has officially informed the Karachi Stock Exchange (KSE) that it is not establishing a cement plant in India. The company is, however, proceeding as planned with two new overseas ventures. The official note by Muhammad Suhail, company secretary of Lucky Cement to the KSE stated: “We would like to clarify that our compan...
Eurocement announces new expansion project, Russia
Russia's leading cement producer Eurocement plans to invest around RUB12bn (US$387.7m) to build a dry-process line at its Nevyansky Tsementnik plant in the Sverdlovsk Region, the regional government reported on Monday. The new line will have a capacity of 1.3Mta. The company will invest its own and borrowed funds into construction of the project.
Adelaide Brighton signs agreements with Japanese suppliers
Adelaide Brighton has entered into two clinker import supply agreements with Japanese suppliers. These agreements secure a significant part of this requirement from the Japanese suppliers, with terms of seven and 10 years. The contracts represent the continuation of existing strong relationships and a diversified supply base, while at the same time reducing exposure to fluctuations in the exch...
Pakistan: APCMA demands checks on smuggling of Iranian cement
The All Pakistan Cement Manufacturers Association (APCMA) has requested the government take measures to stop the smuggling of Iranian cement into the country to safeguard the domestic cement industry. Iranian cement is reportedly is finding its way to Quetta and other parts of Balochistan (Pakistan's Western province which shares its borders with Iran) through informal channels. Cement is...
Gloria Group plans US$250-300m cement plant investment in Cusco
The Gloria Group, which controls Cementos Yura and Industrias Cachimayo, plans to build a new cement plant in Cusco, southeastern Peru, to meet the demand of an expanding market in the south of the country. Vito Rodríguez Rodríguez, head of the industrial group, said the company would invest US$250-300m. He added that the firm had already acquired the land necessary but provided no further ...
India sees weak November pricing environment
Indian cement prices saw corrections in most regions in November, with the central, eastern and northern areas witnessing the steepest falls, the Economic Times of India reports. Cement prices traditionally pick-up following the monsoon season and October saw a slight improvement in prices nationwide with the same was expected in November. However, bleak demand in Kolkata led to a correction...
RINL to pursue grinding project, India
State-owned steel maker Rashtriya Ispat Nigam Ltd (RINL) is set to proceed with a joint venture cement grinding unit, to make use of the slag generated by blast furnaces and fly ash, according to sources. The company has allocated 100 acres for the project and appointed a senior official and other staff to push it through. The company will set up the 3Mta grinding unit as a joint venture i...
Enhancing kiln control
The major costs of clinker production are incurred in kiln pyro-processing, so it’s no surprise that this part of the process received more attention than any other. To-date, the trillions of tonnes of clinker manufactured have been produced in plants controlled mostly on elemental chemical data. Bogue equations construct hypothetical mineral compositions that ignore the heat treatment in the ...