Cement News tagged: International
Nepal: cement and clinker imports hit US$154m
The value of clinker and cement imports to Nepal in FY16 amounted to NPR16.4bn (US$155m), Republica reports. The country imported clinker worth NPR9.84bn in FY16, up by 17 per cent on the previous year. In the same period, imports of finished cement reached PKR6.54bn. Dhurba Thapa, president of Nepal Cement Manufacturers Association (NCMA), stated that rising clinker imports were a sign ...
World Cement Association launched
Tuesday 27 September saw the launch of The World Cement Association (WCA), which will represent and promote the cement industry worldwide. The association will give its members access to comprehensive statistical data, host industry events, seminars and awards. It also strives to promote industry best practice at all levels, especially in emerging markets, with a focus on sustainability, healt...
China: cement prices to remain strong in 2H16
Chinese cement prices are predicted to rebound strongly in the remaining three months of the year, say analysts, thanks to rising domestic home prices, which have also boosted the share prices of cement manufacturers listed in the mainland and in Hong Kong. Total revenue of the 17 cement makers listed in the A-share market grew 4.8 per cent in 2Q16, while net profit hit CNY4.81bn (US$721m) r...
Uganda: Hima to open new plant
Hima Cement is set to invest US$40m in a new plant in Tororo with a view to raising its output to 1.8Mta. The company's CEO, Daniel Pettersson, said the decision was a step to address the rising demand in east Africa. Mr Pettersson said, “We are embarking on several projects, starting with the construction of a grinding station at the end of 2016.” Hima is the second manufacturer to gain a ...
Natural gas price to rise but thermal coal to fall in 2017
Global oil production fell in 2Q16 as the decline in no-OPEC fields is no longer offset by OPEC growth but is expected to remain largely unchanged in 2017, particularly has there has been no double-digit growth in new investments. Demand in 2017 is forecast to grow by 1.2mbd, resulting in a Brent price of US$61/bbl, according to Bank of America Merrill Lynch (BoAML). Natural gas prices fell ...
Caribbean Cement Co invests US$5.5m to double output
Following a US$5.5m investment to increase its capacity, Caribbean Cement Co Ltd has promised its customers that the restricted supply of its cement on the market will be rectified within 72h. The company noted that there had been reports of a flitch in the supply chain to local markets, but this has since been addressed and normal delivery times and volumes have been restored. A statement ...
Kyrgyz Republic: Shangfeng Kemin plant construction halted but government supported
The Kyrgyz State Environmental and Technical Safety Inspectorate has suspended the construction of a cement plant by Shangfeng Z Cement LLC on 17 August 2015 for violation of the law on urban planning and architecture, lack of construction permit and the state’s examination of project documentation. However, Governor Bakytbek Kudaibergenov has said the state will support the construction of...
Vietnam: domestic cement consumption could reach 80Mt by 2020
Cement consumption in Vietnam will this year reach 60Mt, while 15.5-17Mt of cement and clinker will be exported, claims Vietnam's Cement Association Chairman, Nguyen Quang Cung. Mr Cung said Vietnam's total productivity was estimated to reach 95Mt by 2020, of which domestic consumption would increase by 5-5.5Mta, reaching 80Mt. The remaining volume of 15Mt would be be shipped overseas. "V...
Oman: Raysut Cement raises capacity
Raysut Cement announced that the new gas supply station has been commissioned at its Salalah plant and commercial operation has already begun. The new gas supply station will enable Raysut to increase its cement production capacity from 130,000tpa to 140,000tpa. The company said that its project with Barwaaquo Cement Company in Somaliland is also making good progress. The construction of th...
Dalmia launches premium brand
Dalmia Cement Bharat has launched its new premium brand, Dalmia DSP Cement. B K Singh, Dalmia senior executive director and group head, said the new cement brand will first be available in Tamil Nadu. The new cement is said to make concrete buildings more durable and will be packed in a way that will allow for longer storage, even during rainy seasons. Executive Director, K Swami Nathan, sa...
Cemtech marks 25th Anniversary Conference looking ahead
Isidoro Miranda, vice president of Oficemen welcomes delegates to Cemtech's 25th Anniversary Conference in Madrid, Spain Cemtech’s 25th Anniversary Conference was off to an excellent start on Monday, 18 September 2016 at The Westin Palace, Madrid, Spain. Following a Welcome by the conference organisers and Isidoro Miranda, vice president of Oficemen, while Oficemen also de...
Peru's cement market shows minor decline in August
In August Peruvian cement demand reached 0.868Mt, representing 4.3 per cent decline YoY, according to Asocem, the country's cement association. To complement local output, around 43,000t of cement and 87,000t of clinker were imported. Domestic output reached 0.922Mt, the supply surplus being largely absorbed by exports, which reached 0.05Mt in the same month. In addition to 54,000t of ceme...
Saudi Arabia cement companies see sales and production fall 10%
Sales of cement by Saudi Arabian companies declined by 9.93 per cent YoY in August, while production dropped by 10.4 per cent, Mubasher reports. Output for August was 4.3Mt, while deliveries were 4.4Mt. The fall in sales was unevenly distributed, with some companies – notably Riyadh Cement and City Cement – seeing double-digit increases. Of the bigger players, Saudi Cement escaped the worst...
Malawi: Minister applauds CPL investment
The Minister of Natural Resources and Mining, Bright Msaka, has spoken on Cement Products Ltd’s (CPL) multi-million investment in its Njereza Plant in Mangochi. Mr Msaka said how the venture has the potential to contribute to Malawi’s economic growth and is a sign that the company is embracing the Public-Private-Partnership (PPP) government objective. Mr Msaka assured CPL that the governmen...
Uganda: Hima Cement US$40m expansion
Hima Cement has said that the ongoing capacity expansion project at its new plant under construction in the Eastern district of Tororo will see an additional 1.9Mta of cement enter the local market. Hima CEO, Daniel Patterson, said that by the end of 2016 the company will have invested US$40m into the project.
India: Mangalam Cement production increase
Following a trial run at the plant in August 2016, Mangalam Cement’s new 0.75Mta grinding unit in Aligarh, Uttar Pradesh, has commenced operations. The expansion project that introduced the plant's new grinding unit is said to have cost INR700m (US$10.4m) The company’s overall capacity now stands at 4Mta, up from 3.25Mta.