Cement News tagged: International
‘Stranded’ Indians in Angola being brought back – report
Indian workers allegedly held captive in a cement factory near Sumbe town of Angola in Africa are safe and those willing to return home are being brought back, Khaleej Times reports. Shaktisinh Gohil, Congress MLA and leader of the opposition in Gujarat, told the newspaper that the Ministry of External Affairs had on Tuesday contacted the Angolan ambassador and the country’s government foll...
Peru 4M12 shipments rise 13.62 per cent YoY
Shipments of cement in the Peruvian market totaled 2.89Mt between January and April 2012, a 13.62 per cent increase YoY, reported the Association Cement Producers (Asocem). A positive outlook is forecast for the remainder of the year. During the first four months of 2012, cement production totall 2.96Mt, representing a rise of 13.01 per cent over the same period of 2011.? ?In the first four...
Saudi Cement delays kiln starts until 3Q12
Further to Saudi Cement Company announcement in February 2012 regarding re-operating of Kiln No. 6 with 4000tpd of clinker capacity, and also the re-operating of three old kilns with total capacity of 1325tpd during the month of May 2012, the company has announced that due to technical reasons re-operating of all four kilns will take place during the third quarter of 2012. (Source: Mist News)
KKS Cement Factory to resume operations, Sri Lanka
THe Kankesanthurei Cement Factory (KKS), Sri Lanka’s oldest cement plant, will resume operations before year-end under a programme to revive state ventures, according to Dr Willy Gamage State Resources and Enterprise Development Ministry Secretary In a interview with the Sri Lanka Sunday Observer, Mr Gamage and SJ Paranagama, Chairman of the Sri Lanka Cement Corporation (SLCC) discussed the p...
Infrastructure investments to secure steady annual growth of FDI to Africa
Scaling up regional infrastructure projects will facilitate intra- and inter-regional trade, create integrated energy markets through regional power pools, support water resources management, and spur economic growth, says private equity leader. A growing emphasis on opening infrastructure investment to the private sector will both catalyse African economic growth and attract substantial f...
Abu Dhabi cement prices up 8.7%, UAE
Abu Dhabi issued its monthly report on the prices of building materials for the month of April 2012 issued by SCAD. As the report reveals, the average prices of several building materials groups have undergone changes during April 2012, compared with March 2012. Prominent among these was the rise of 8.7 per cent in the average price of cement, reflecting increases in the prices of most of the...
Northern Pakistan market suffers slowdown
Construction activity in northern Pakistan has witnessed a sharp downturn resulting in a huge fall in both cement sales and prices, the Business Recorder reports. The slowdown comes on the back of harvest season and other developments including load-shedding, rains and shortage of labour, the daily reports. Industry sources say daily dispatches have reduced to a mere 60,000t from about 80,0...
UK construction recession deeper than estimated
Latest data from the UK’s Office of National Statistics (ONS) show that construction output fell by 5% in the first quarter of 2012, considerably worse than the estimate of -3% that ONS previously indicated for GDP in the 1Q. Commenting on these latest figures, Noble Francis, Economics Director at the Construction Products Association said: “The construction industry is now firmly back in re...
India April output slows
India's cement production in April rose 9.5% on year to 15.99Mt, the Cement Manufacturers' Association said today. Output during April, however, was 11.1% lower than 17.99Mt produced a month ago. Cement despatches in April rose 7.6% YoY to 15.48Mt, the association said. India's cement production in 2011-12 (Apr-Mar) had increased 6.3% to 179.79Mt and despatches rose 6.5% to 178....
Diamond Cement workers to resume production, Ghana
Diamond Cement Ghana Ltd (DCGL) will resume production at its Aflao plant by next week following a a three week shutdown due to power shortages. The power shortage occurred due lightening striking a transformer at the GRIDCO sub-station near Aflao during a 26 April thunderstorm. The power shortage at the cement works has resulted in a shortfall of 120,000 (2,400,000 bags) of product to the...
Lucky Cement to receive approval for wind farm investment, Pakistan
Pakistan cement producer Lucky Cement is to set to receive approval at an extra-ordinary general meeting on 31 May for an investment in the associated company Yunus Energy Ltd which is establishing a 50MW wind power plant in Sindh. The Pakistan Banker reports that Lucky Cement plans to make an investment of PKR385m (US$4m), divided into 38.5 million ordinary shares of PKR10 each.
Indian workers held in Angola
Around 1200 men from across India working in Angola cannot return home as their travel documents have allegedly been held by the company for which they work. The workers were hired by ETA Star International to work in a cement factory near Sumbe, the administrative capital of Cuanza Sul Province in west central Angola. Workers have been protesting against the non-payment of wages?for the...
Cement prices turning a corner?
While cement pricing power is generally strongest during the construction up-cycle, it has remained remarkably resilient in the recent downcycle, particularly when considering the overall economic environment. For instance, in 1H11, Cemex US sales volumes fell by 7% while the company was able to limit its price slide to 1%. However, the US cement industry has been in for a difficult time. W...
Brazil four-month sales rise 12.7%
Domestic cement sales in Brazil for the first four months of 2012 reached 21.7Mt, up 12.7 per cent YoY, according to data from local association, Sindicato Nacional da Indústria do Cimento. April 2012 sales reached 5.3Mt, a rise of 10.9 per cent compared to April 2011 (4.8Mt) Accumulated sales for the rolling 12 months (May 2011 to April 2012) were, 66.3Mt, representing a rise of 10.1 per ce...
EPA sends revised emissions rules for White House Review, USA
The US Enviornmental Protection Agency (EPA) has sent for White House Office of Management & Budget (OMB) review its proposed revisions to its emissions rules for the Portland cement sector, ahead of a tentative 15 June deadline for issuing the revisions in line with a proposed consent decree with industry. The agency in September 2010 first issued a national emission standard for hazardous ...
Pikalyovsky Cement reports stable production in 4M12, Russia
Russia-based producer, Pikalyovsky Cement (part of the Eurocement Group) has reported stable production results for the first four months of 2012. The company, which holds a leading position in the North-West Federal District, produced more than 464,000t of cement in the January-April 2012 period, up 1.1 per cent compared to the same period of last year. Clinker production amounted to 481,60...