Cement News tagged: International
Lafarge Surma Cement launches flagship brand, Bangladesh
Lafarge Surma Cement has announced the launch of its flagship cement brand, Supercrete under the brand theme ‘Dream Lafarge’. Supercrete will now be available with new and improved packaging, Managing Director of Lafarge Surma, Michael Andrew Cowell told reporters at a press conference. “We want to lead the country’s building materials industry and always come up with innovative solutions f...
Bolivian production rises 10% YoY
Cement production in Bolivia increased by 10 per cent YoY in 2011, according to figures from the Bolivian Foreign Trade Institute (IBCE), based on data provided by the Bolivian Institute of Cement and Concrete (IBCH). SOBOCE Viacha achieved the highest percentage growth in FY 2011, with 15 per cent, with an increased production of 775,883t of cement, In 2011, total domestic cement sales...
Colombian cement sales up 14.2% in January
Colombian cement sales in January reached 868,400t, up 14.2% than in January 2011. In this month 823,3000t were shipped to the domestic market, which represented an increase of 11.7%. This increase in shipments was caused mainly by rises in deliveries to builder and contractor channels with 31.1%, and 22.8% with ready-mix concrete companies. Meanwhile, for the last 12 months to January 2...
Bosowa Group outlines cement expansion plans, Indonesia
The Bosowa Group of Indonesia has outlined plans to increase its footprint on the Indonesian cement market as it prepares to compete with some of the major players on the Java market. The group has said it will spend US$1bn on expansion for strategic sectors such as cement, infrastructure, mining finance and automative within the next five years. Bosowa, which currently operates a cement...
RTsK eyes stake in Iskitimcement, Russia
Russian Cement Company, a joint venture of Sibtsem Holding and Rostekhnologii State Corporation, has reached agreements in principle for the acquisition of a 63% stake in Iskitimcement with RATM-Holding. An application will soon be submitted to Russia's antimonopoly service. At present, auditors hired by RTsK and RATM-Holding are near to complete the audit of Iskitimcement. According to the ...
Afrisam settles cement cartel complaint, South Africa
South African cement producer Afrisam has concluded a settlement agreement with the Competition Commission in which it admitted that it took part in a cement cartel and agreed to pay an administrative penalty of ZAR125m (US$16.7m). The penalty represents 3% of its previous year's cement turnover in the South African Customs Union region. According to the commission, the settlement is a reflect...
Bestway Cement net profit rises, Pakistan
Bestway Cement Limited has posted PKR724.99m (US$274,8m) net profit in the half year period ended December 31, 2011 compared to after tax loss of PKR477.050m in the corresponding period in 2010. Earnings per share stood at PKR1.25 under review against a loss of PKR1.46/share in the same period a year back. Net turnover rose to PKR7.932bn in the half year period in 2011 against PKR5.681bn i...
Vietnam Jan-Feb production down 14%
Cement production in Vietnam is estimated to have reached 7Mt in the first two months of this year, down 14 per cent YoY, data from the government’s General Statistics Office (GSO) said in a monthly report released today. In February alone, however, production is expected to have reached 4.1Mt, up 20.7 per cent from the same month of last year. However, the GSO revised down the country’s...
Azerbaijan readies itself to export cement by 2014
The government of Azerbaijan has said that by 2014 the country will be exporting 25 per cent of the cement it produces as new capacity comes on-stream in the coming years. President Ilham Aliyev said that domestic production covers 44 per cent of domestic demand, by 2013 this figure will reach 75 per cent, and by 2014 production will supass demand to 125 per cent. "As a result, in two ye...
New bill to spur Indonesia infrastructure activity
The Indonesian government’s land acquisition bill in December is expected to speed up land purchases for public infrastructure projects, boosting cement demand according analysts at Nomura Indonesia. The analysts told CNBC that this bodes well for local cement manufacturers who are currently undertaking capacity expansion projects. “"Given that the Indonesia cement industry is running closer ...
Lafarge-Strabag complete test runs at new Hungary works
Lafarge and Strabag have successfully completed a test run at their Kiralyegyhaza cement plant in south west Hungary which they completed last autumn, Lafarge Cement Cement Magyarorszag managing director, Frederic Aubet, said at a press conference. The plant can produce around 750,000t of clinker and 1Mta of cement and is expected to reach full capacity in 2-3 years. Source: EcoNews
Semen Padang in alternative fuels initiative, Indonesia
Indonesia's Semen Padang is developing the use of waste materials to replace coal, according to Abusyamsari, a member of the company’s innovation team. The state-owned cement producer and a subsidiary of Semen Gresik, has been using rubber waste since 2011. “In addition to helping the government in reducing waste, the use of waste rubber can also save production costs,” he told The Jakarta P...
Ash Grove Utah plant wins top safety award
The Ash Grove Cement Company’s Leamington, Utah, plant won top honors in the company’s annual L.T. Sunderland Safety Excellence Award competition for 2011.Since 2006, eight Ash Grove cement plants and two grinding facilities have competed to earn the award. Each facility is evaluated on an extensive matrix of data that is focused on health and safety process and results. The Ash Grove Safet...
Trinidad sales rise on impending strike action
Trinidad Cement Ltd (TCL) has recorded a 30 per cent increase in sales of its cement products as suppliers began stocking up on supplies in preparation for strike action at the Claxton Bay company, the Trinidad Guardian reports. TCL general manager, Satnarine Bachew, said since news of the workers plan to serve strike notice on the company, there has been a marked increase in purchases. He ...
Investments in China cement sector drops
Investment in China’s cement sector declined 8.3 per cent YoY to CNY143.9bn (US$22.85) in 2011, the country’s Ministry of Industry and Information Technology (MIIT) reported. The decline was the first drop in five years amid the government’s policies to curb overcapacity, MIIT said in a statement on its website. The figure was 40.2 percentage points lower than the average level of the bu...
Pakistan cement exports forecast to grow
Pakistan cement exports in the first seven months (July 2011-January 2012) of the current fiscal year fell in terms of quantity but gained in price by US$4.33/t, data by the Pakistan Bureau of Statistics shows. The industry expects dispatches to Afghanistan and India to grow in the remaining months of the year. In the first seven months, exports amounted to 4.087Mt of cement and earned US$...