Cement News tagged: International
Semen Gresik new plant construction
Indonesia state-owned producer PT Semen Gresik is expected to start construction of two new cement plants at home and away in the second half of 2012 and first half of 2013, respectively. Construction on Semen Gresik’s 2.3Mta Rembang plant in Indonesia will start at the end of this year, State-Owned Enterprise Minister Dahlan Iskan said on Tuesday. “The construction of the Rembang cement...
Lafarge Malayan Cement confirms price hike
Lafarge Malayan Cement (LMC) has confirmed it will raise the price of cement effective today, 1 August, due to rising manufacturing and delivery costs, which is expected to bode well for the company’s margins from next year, according to analysts. "The decision was made unilaterally and taking into consideration our increasing costs associated with manufacture and delivery of cement, which ...
Trinidad prices to come down
Trinidad Cement Ltd announced that a temporary surcharge imposed on bagged cement has been removed and that cement prices are expected to go down in the coming weeks. Speaking to local press, Satnarine Bachew said a 42.5kg bag of cement had increased by US$13 as the company was forced to raise prices two weeks after workers began strike action on 27 February. "The additional charge was d...
Bolivian sales increase by 7.36% in the first half
The Bolivian Institute of Cement and Concrete (IBCH) reported Tuesday that sales of cement in the country grew 7.36% in the first half of this year compared to the same period of 2011, with the department of Beni having the highest rate growth of cement demand with 85.34 per cent of the national total. According to the IBCH, in the first half total sales amounted to 1.27Mt, while in the f...
Tanzania reiterates support to Dangote project
The government of Tanzania has underlined its support to Dangote Cement to ensure the timely completion of its cement plant in the East African country. During a tour of Dangote’s Obajana cement factory in Nigeria, Salma Rashid Kikwete, wife of the president of Tanzania, expressed appreciation to the Dangote Group for extending is pan-Africa presence to the country. Dangote is constructi...
HeidelbergCement revenues rise driven by North America and Asia
HeidelbergCement has reported a rise in revenue and profit for the second quarter of 2012 driven by increased sales in North America and Asia as well as successful price increases. The group has confirmed its targets for the year and expects sustained growth in Asia-Pacific and Africa-Mediterranean Basin as well as continuing recovery in North America but weaking demand in parts of Europe. ...
Shree Cement fined by regulator for price fixing, India
Shree Cement Ltd has been fined US$72m by the Competition Commission of India (CCI), the watchdog said in a statement, making it the 12th cement company to be fined for cartel practices. Shree Cement has been fined INR3.98bn (US$72m), the equivalent of 50 per cent of its net profit for the financial years ending in 2010 and 2011, the CCI said in the statement. In June, 11 cement makers w...
UltraTech Cement eyes mega cement complex in Tamil Nadu, India
UltraTech Cement is considering constructing a massive cement complex including a 5.5Mta integrated cement plant in Kurur, Dindigul district, Western Tamil Nadu, according to local press reports. Information accessed by the Times of India indicate that Samruddhi Cement, part of UltraTech Cement,is planning a 5.5Mta plant,4.5Mta clinker facility, 3 x 25MW captive power plants for the complex...
HeidelbergCement opens new Lithuanian terminal
HeidelbergCement has opened a new cement terminal in Klaipeda, city in Lithuania situated at the mouth of the Dane River where it flows into the Baltic Sea, according to local press reports. The modern LTL10m (approx EUR 2.9m) terminal for logistics, packaging and production of industrial cement will have a supply capacity of 100,000tpa of bulk cement and 50,000tpa of bagged cement.
New contract for FLSmidth in Egypt
FLSmidth has been awarded a contract by National Cement Company of Egypt for operation and maintenance of two of their production lines located in Cairo, Egypt. The parties have agreed not to disclose the value of the contract which covers a period of seven years. The contract which is the largest operation and maintenance contract awarded to FLSmidth up until now includes supply of spare pa...
Lafarge South Africa import concerns
Lafarge South Africa unit may ask country’s the International Trade Administration Commission to protect the market from alleged low quality imports from Pakistan, Business Day reported, citing Lafarge South Africa Chief Executive Officer Thierry Legrand. The company is concerned that the cement, which it says is of low-quality is being used for building projects in South Africa, the Johann...
Bishal Cement commences operations, Nepal
Bishal Cement Industries (BCI) has commenced operations, introducing Bishal OPC and Bishal PPC brands to market. The company has a capacity of 300tpd and 400tpd of OPC and PPC, respectively. “We are planning to utilise 70 and 30 per cent of the total capacity to produce Pozzolanic Portland Cement (PPC) and Ordinary Portland Cement (OPC),” Jayendra Chudal, executive director told the Republica...
Builders Association urges government to look into price hikes, Malaysia
The Masters Builders Association of Malaysia (MBAM) has urged the government to look at a possible rise in cement prices which is expected to impact the local construction sectors. The MBAM said in as statement that it had been notified by a major cement producer that the price of a bag of cement would increase to MYR17.75/bag from MYR16.75 as of 1 August 2012, while the price of bulk cement...
Tvornica Cementa Kakanj forecasts 10-14% drop in in revenues, Bosnia
Tvornica Cementa Kakanj (TCK), the Bosnian unit of HeidelbergCement expects to post a 10-14% drop in cement sales volume this year as conditions on the local market and the fallout from the eurozone crisis continue to weigh, a senior company official said. Cement sales are seen at around BAM64m (EUR32.7m) in 2012, TCK's general manager for Bosnia and Herzegovina and Croatia, Branimir Muidza, ...
Siam Cement plans Indonesian investment
Siam Cement PCL, Thailand's largest conglomerate, has announced plans to invest around THB10bn (US$315m) to build a cement plant in Indonesia, President and Chief Executive Kan Trakulhoon said Wednesday. The planned investment is part of the company's five-year investment budget worth around THB200bn, Fox Business Reports, which is due to be proposed to the company's board for consideration...
Lafarge Exshaw project heading for approval, Canada
The proposed Lafarge Canada cement plant expansion application for Exshaw will go back to the Municipal District of Bighorn's planning commission today after being tabled last week for more information, according to reports in local newspaper, the Canmore Leader. The application was discussed and dissected for more than two hours at the MPC meeting on July 18 before commission members voted t...