Cement News tagged: International
Semen Indonesia lowers prices amid increased competition, weaker demand
Semen Indonesia, the country's largest cement producer, has reduced cement selling prices by around 10 per cent this year and is looking to increase exports against a backdrop of heightened competition in a weaker demand environment. Following a presidential instruction in January this year calling on state-owned cement producers to lower their prices by IDR3000/bag, Semen Indonesia has so ...
British Precast presents Best Practice Awards
British Precast held its Annual Black-Tie Dinner on 24 June at the Leicester Marriott Hotel, UK. Supported by Cemex, the event brought the industry together for an evening of entertainment and presentation of the prestigious Best Practice Awards. British Precast members who had submitted entries for the four award categories: Health & Safety, Innovation, Project and Sustainability were all c...
Cimpor announces construction of new Mozambique cement plant
Cimpor subsidiary Cimentos de Moçambique announced yesterday it commenced the process of building a new integrated cement plant in Nacala, situated on the northern coast of the southern African country . Cimentos de Moçambique owns the country's only integrated cement plant, situated in Matola, as well as four grinding units. The company currently has a cement production capacity of 3...
TCDRI signs contract for Semen Baturaja 5000tpd project
TCDRI and PT Semen Baturaja Persero TBK have signed an EPC contract for a 5000tpd clinker and cement production line project in Indonesia. State-owned Semen Baturaja currently owns one integrated works line and two cement grinding stations in Indonesia. The new project is located in Baturaja, Sumatra, close to the company's existing production line. Present at the signing ceremony were Liu...
Lafarge Africa partners PINE to rebuild North East Nigeria
Lafarge Africa Plc has launched a partnership with the Presidential Initiative for the North East (PINE) on the rehabilitation and rebuilding of the region’s economy following the Boko Haram insurgency, pledging to invest NGN100bn (US$502.5m) for the expansion of its business in the region. He said the company had decided to partner with the Federal Government in rebuilding the ravaged Nor...
Algeria heading towards self-sufficiency
Algeria is moving towards "self-sufficiency in cement and steel products thanks to the new facilities to be operational in the short term," Minister of Industry and Mines, Abdeslam Bouchouareb has said. During a meeting with local economic operators in Biskra prefecture, the minister said: Algeria "will manage to cover its needs and even over produce by 2016." It will be the first time since ...
HeidelbergCement India clarifies reports on Jaiprakash talks
HeidelbergCement has sought to clarify a report by the Financial Express (India) which stated that the cement producer is in advanced talks to purchase Jaiprakash's Sikandarabad unit in Uttar Pradesh. "In this connection, kindly note that there are no such proposals at the moment and the company maintains high standards of corporate governance by keeping a principle of not reacting to rumours...
Government of India transfers environment clearance of 19 coal blocks
The government of India has so far transferred the environment clearance (EC) of 19 coal blocks out of a total of 29 approved mines from the previous allottees to new successful bidders including some cement producers. In a bid to expedite operations from the recently allocated coal mines, the Environment Ministry had amended EC norms after a request made by the Coal Ministry to facilitate th...
CCNN to increase power generation capacity, Nigeria
The Cement Company of Northern Nigeria (CCNN) is to build an additional power plant to enable it to self-sufficiently supply its plant near Sokoto in the northwest of the African country. The company is teaming up with CBMI (China) to build a new plant to increase power generation capacity from the current 12MW to 16MW, according to Alhaji Sada Suleiman, Principal Manager, Corporate Affa...
Lafarge opens new Maldives silo
Lafarge has opened a 4000t cement silo in Thilafushi, Maldives, taking total capacity to 9000t. The new facility was opened up by Minister of Economic Development Mohamed Saeed together with representatives from Lafarge and the State Trading Organisation (STo). Lafarge Maldives was opened in 1999, under an agreement between STO and Lafarge Cement to build a trade terminal in the Maldives. The...
SPCC to launch second production line, Saudi Arabia
Southern Province Cement Co (SPCC) is likely to launch the second production line at Bishah cement plant in December, said CEO Safar Dhaffir. The 5000tpd line is established by China's CNBM at a total value of US$190m (SAR 713 million), to meet the growing demand for cement in the kingdom. The plant operates currently with a production capacity of 5,200tpd of clinker, OKAZ newspaper reported.
Irish competition watchdog to go to High Court as part of cement industry investigation
Ireland’s Competition and Consumer Protection Commission (CCPC) will go to the High Court next month as part of its probe into alleged anti-competitive practices in the cement industry, according to a report in the Irish Times. The State’s competition watchdog last month seized thousands of documents when it raided the offices of CRH subsidiary Irish Cement. It also visited the offices of sev...
Indonesian president caps cement prices during peak periods
Indonesia's president has signed a decree allowing the government to cap prices of cement, staple foods and other basic goods during peak periods, a presidential spokesman said. "This regulation gives the authority to the government to set special prices ahead of, on, or after religious holidays or during periods of price volatility," Teten Masduki, presidential spokesman, told reporters. Th...
Bénédicte de Bonnechose is Lafarge France’s new MD
Bénédicte de Bonnechose is Lafarge France’s new managing director, following in the footsteps of Pascal Casanova, who moves to the LafargeHolcim Executive Committee. Since 1993, she has led a varied career with Lafarge, fullfilling a multitude of roles, including financial director of Betons France and director of strategy, public affairs and environment for Lafarge’s operations in France. E...
CMS sees strong start to the year, Malaysia
Caha Mata Sarawak Bhd (CMS) reported a total revenue of MYR491m (US$132.3m) for the first quarter of 2015, an increase of 32 per cent from MYR373.24m a year earlier. Pretax profit of MYR95.01m in 1Q15 was 44 per cent up on the MYR66.19m in 1Q14. Profit after tax and non-controlling interests increased by 48 per cent to MYR57.42m from MYR38.9m in 1Q14. Earnings per share stood at 5.52 sen ve...
Dangote Cement planning Asian market entry
Dangote Cement is reportedly planning to enter the Asian cement market with the construction of a cement plant in Nepal. Quoting Aliko Dangote, Bloomberg reported that Dangote Cement Plc should complete a factory in Nepal by the end of 2017. It has received 90 per cent of the regulatory approvals needed to start construction in the south Asian nation hit by two earthquakes this year, he said...