Cement News tagged: International
PCA, MSHA renew safety alliance, USA
The Portland Cement Association (PCA) and the U.S. Department of Labor's Mine Safety and Health Administration (MSHA) renewed an alliance designed to foster safer and more healthful working conditions in the cement industry.??Originally signed in 2008, the agreement allows PCA and MSHA to combine resources and expertise to provide cement industry personnel with information, guidance and access...
Argos registers 25% rise in third quarter EBITDA
Colombia’s Cementos Argos' third quarter operating revenues reached COP3.2bn as the cement company sold 8.2Mt of cement and 6.4Mm3 of concrete in Colombia, the Caribbean and the USA. The figures represent an expansion in sales of seven per cent for cement and eight per cent for concrete. The company’s EBITDA amounted to COP605,000m, an increase of 25 per cent YoY while its operating profit t...
Spain's cement consumption fall accelerates
The latest cement sales figures coming out of Spain offer little, if any, hope for the country’s cement producers that business may be picking up. While in August, a 34 per cent drop in sales was noted, September registered a worse contraction. Consumption barely made 1Mt, thus recording a 38 per cent decrease MoM to 1.047Mt. Cement factories noted a 27 per cent fall in output to 1.272Mt in S...
Argentine shipments see MoM gains
In September 2012, Argentina shipments (including exports) reached 907,186t, representing 5.4 per cent increase compared to August. However, compared to September last year, shipments fell 17.8 per cent. Domestic consumption reached 889,649t, representing a rise of 5.8 per cent from the previous month. However, compared to September 2011 volumes were down 18.7 per cent. Source: Asoc...
FLSmidth secures funding for R&D investments
FLSmidth has signed a loan agreement totalling EUR130m with the Nordic Investment Bank (NIB). The loan is earmarked for investments in research and development activities. The seven-year-maturity loan will finance FLSmidth's global research and development programme in the period of 2013-2015. The R&D programme will focus on development of new products, enhanced energy efficiency and use of ...
Five Holcim plants receive Energy Star, USA
Holcim (US) Inc announced today that five of its plants have earned the US Environmental Protection Agency's (EPA) prestigious ENERGY STAR®. "It is with great pride that once again Holcim is recognized by the EPA for our continued commitment to environmentally sound practices with the ENERGY STAR® Awards," said Filiberto Ruiz, deputy chief executive officer of Holcim (US). "Protecting the env...
BofAML says China cement industry trends turned positive
Chinese cement stocks have rebounded 20 per cent since early September, and Bank of AmericaMerrill Lynch believes the industry outlook tends to turn positive as new production capacity is expected to plunge starting from 2013. The demand for and production capacity of cement are set to be more balanced after excessive production capacity in the third quarter. Moreover, cement demand will re...
Port confident on proposed Holcim plant, New Zealand
PrimePort Timaru is staying confident the proposed Holcim cement plant will go ahead despite it being further delayed, according to reports by the Timaru Herald. A said a decision on the US$500m plant, to be built at Weston near Oamaru, is now not expected until late next year. Holcim New Zealand's latest newsletter to the community said the decision was due to the continuing uncertainty o...
LV Technology to raise funds for cement project in Myanmar
LV Technology (LVT) will issue 396.69 million new shares to raise funds to invest in a cement business in Myanmar through a unit of the Max Myanmar Group of Companies, according to reports in the Bangkok Post. LVT is an engineering consulting firm that mainly provides equipment and expertise to the cement market. Hans-Jorgen Nielsen, LVT's founder and managing director, said setting up the n...
Semen Gresik opens new Tuban cement plant, Indonesia
State-controlled cement maker Semen Gresik has opened its IDR3.18trn (US$332m) cement factory in Tuban, East Java, in the presence of Indonesia’s State Enterprises Minister Dahlan Iskan. Dwi Soetjipto, the president director of Gresik, said the plant, which is Gresik’s fourth in Tuban, has a capacity of 3Mta. “The Tuban IV plant officially started commercial production on July 1, 2012, e...
AfriSam to expand in Eastern Cape
South African cement producer AfriSam announced that it had signed a lease agreement with the Coega Development Corporation (CDC) to establish a grinding and blending plant in Zone 5 of the Coega Industrial Development Zone. The plant will have a production capacity of 740,000tpa and will supplement AfriSam’s existing supply of cement to the Eastern Cape market. An Environmental Impact ...
New Mexican cement player to enter the market
Privately-held Mexican conglomerate Elementia, part-owned by billionaire Carlos Slim plans to list shares on the local exchange and is launching a cement company on the Mexican market, Reuters reports. Elementia plans an initial public offering in the medium term, and it is opening a cement company that aims to supply three per cent of the local market by next year, CEO Eduardo Musalem said o...
Anhui Conch Cement sees strong September sales and output growth, China
The start of peak seasonal demand in China has boosted Anhui Conch's September sales and output as average prices register weekly gains. A China Securities Journal report said on Wednesday, which cited a number of brokers, said that subsidiaries of the cement giant have been running at full capacity, and some of their output in September has hit new high. In addition, some subsidiaries have...
Brazilian cement sales rise 3.2% in September
Preliminary estimates show that Brazilian cement consumption reached 5.7Mt in September 2012, a 3.2 per cent increase on the same month of last year. Data from Sindicato Nacional da Indústria do Cimento shows third quarter sales increased 3.5 per cent YoY following first and second quarter YoY rises of 13.7 and 5.9 per cent, respectively. For the nine months to September 2012, consumptio...
Exports to Libya increase value of Egyptian exports
A rise in exports to Libya have driven an increase in the value of Egyptian exports in September 2012 on annual basis for the first time in six months. According to the latest release from the Industry and Commerce on Monday said the increase in the value of construction materials from EGP2.8bn in September 2011 to EGP4.8bn in September 2012 drove the spike. The total value of all Egypt...
Vicem cement and clinker sales up 4.5%, Vietnam
Vietnam Cement Industry Corporation (Vicem) sold 14.44Mt of cement and clinker in the first nine months of this year, up 4.5 per cent from a year earlier. Of this total, 13.73Mt were sold in the domestic market, representing a rise of six per cent YoY, while 717,000t were exported, which was a fall of 18 per cent on year, the corporation said on its website. Vicem produced 10.97Mt of clin...