Cement News tagged: International
Indocement targets 30Mt production by 2017
PT Indocement Tunggal Prakarsa, part of the HeidelbergCement Group, has outlined several expansion project which will lift the producer’s cement capacity to the 30Mt mark by 2017. Output at the company, which is the second-largest producer in Indonesia, is targeting at 20.6Mt this year. Indocement is currently constructing a cement mill at its Citeureup, West Java, site with a production...
European cement trends and outlook
Last year saw varying cement consumption trends across European markets. Overall the region benefitted from mild winter weather and, while some countries demonstrated a continued recovery, others were constrained by government spending cuts and austerity measures. Going forward, the impact of the sovereign debt crisis is likely to have a more pronounced effect on construction activity this yea...
Strike action causes Tobago shortage
Building contractors in Tobago have been affected by strike action at Trinidad Cement’s plant in Claxton Bay, the Trinidad and Tobago Express reports. Local companies told the daily that sales had only just started to improve since a slowdown over the Christmas period but the dispute between TCL and the Oilfields Workers Trade Union (OWTU) have placed business owners back to “square one.” ...
Indocement to invest in new factory, Indonesia
PT Indocement Tunggal Prakarsa, part of the HeidelbergCement Group, is set to construct a new cement factory in Citereup, West Java, according to local press reports. Asia in Focus has reported that the company is investing US$440m in the new facility. Corporate secretary Sahat Pangabena, however, refused to give details about the plan, saying Indocement will announce details later this mo...
SCG Trading targets 30% rise in revenues, Thailand
SCG Trading, a unit of Siam Cement Group, targets annual sales growth of 30 per cent from this year onwards, driven by coal and building-materials business, particularly overseas, The Nation reports. Managing director Kalin Sarasin said the company was accelerating investment and expansion in both coal and building-materials trading in Asia, as they were both fast-growing sectors in the region.
Himachal sees capacity reaching over 22Mt by 2015
Cement and clinker production in Himachal is expected to reach 22.37Mt by 2015 after the north Indian state commissions the 3.75Mt JP Himachal Cement plant, according to Minister Krishan Kapoor told local press. Speaking to local press, Mr Kapoor said ACC had set up two cement plants at Barmana and Bilaspur district with 7.7Mta capacity while an agreement has been signed with JP Cements for ...
UltraTech Cement in talks to buy northeastern plant
UltraTech Cement, the largest cement producer in India, is in talks to buy north-eastern cement producer Adhunik MPS Cement’s Meghalaya plant for over INR7bn., according to reports from the Economic Times (ET) of India. The report said that the 1.5Mta cement facility will boost UltraTech Cement’s presence in the fast-growing but largely untapped northeastern market. A multinational cemen...
CPA: Budget brings no short term benefit, UK
The UK’s Construction Products Association (CPA) welcomed the Chancellor’s strong commitment to business in his Budget Statement but says it will not bring any significant short term benefit to a construction industry that is forecast to see output fall by 5% in 2012. Commenting on yesterday’s Budget Statement the Association’s Chief Executive, Michael Ankers, said: “The government clearly ...
India Cements to raise capacity in Tamil Nadu
India Cements has begun the process to expand capacities at two of its plants in Tamil Nadu, according to reports from the Times of India. The company has applied to the Ministry of Environment and Forests to obtain the Terms of Reference (TOR) to expand capacities at its existing plants in Dalavoi in Ariyalar district and Padaveedu in Salem district. India Cements has seven plants all situ...
Lucky Cement inks power supply agreement, Pakistan
Lucky Cement plans to sell additional electricity to the Peshawar Electricity Supply Company through its plant in Darra Pezu, Pakistan. The daily Business Recorder reported that Lucky Cement is holding meetings with Pesco to sell 15-20MW of electricity to overcome prevailing power shortages in the district of Lakki Marwat and Dera Ismail Khan and the adjacent areas of Lucky Cement’s plant. ...
CMS Cement opens new terminal, Malaysia
CMS Cement, the sole cement producer in the state of Sarawak, East Malaysia, has opened a new cement terminal in Miri as the company aims to better its supply chain operations. In a statement issued by parent company Cahya Mata Sarawak, the terminal is equipped with 6000t of storage capacity, a sealed pneumatic pipeline and two 150t steel hoppers. The new terminal will make cement distri...
Southern Cement improves market supply
Southern Cement Company Chairman Prince Abdullah bin Musaed bin Abdurrahman Al-Saud said the company has started implementing the royal decree related to cement prices. Addressing the company's General Assembly meeting held yesterday at the general administration building of the company in Abha, the prince said that the availability of additional fuel has enabled cement factories to produce...
Lafarge CEO to visit Bangladesh
Bruno Lafont, Chairman and CEO of the Lafarge Group, is set to arrive in Dhaka, Bangladesh, today to review operations of its local subsidiary Lafarge Surma Cement. An official of the Lafarge Group of France told CemNet News that Mr Lafont will travel to Bangladesh following a trip to India where he is also reviewing the company's operations in the neighbouring country. During the Bangl...
Birla Corp starts trial production at Chanderia, India
Birla Corporation Ltd. has commenced trial production of clinker from its 1.2Mt brownfield capacity expansion project at Chanderia in Rajasthan. The Indian Bureau of Mines has conducted an inspection and undertaken various tests regarding mining activities at Chanderia and a report has since been submitted to the Court. (Economic Research India Pvt. Ltd)
Suez Cement strike action, Egypt
Egyptian cement producer, Suez Cement, said that workers in two of its factories started strike action on 14 March. The strike has halted shipping at the Suez and Katamiya plants, although production has not been affected. (Bloomberg)
Mexico sees slow recovery
Mexican consumption reached 40.6Mt in 2011, representing a growth of 3.9 per cent and a similar growth rate is expected for this year as a number of challenges lie ahead. T ough market conditions have prevailed in Mexico since the global economic crisis and over 2009-2010 , the domestic cement industry faced one of its most challenging phases to-date. "We come from a very strong crisis, we...