Cement News tagged: International
Steppe Cement reports 5.7% rise in 3Q revenue
Kazakhstan cement producer Steppe Cement Ltd Thursday reported third-quarter 2014 revenue of KZT7.65bn (US$42m), higher than the KZT7.24bn reported in the same period the previous year. The company achieved sales of 582,429t during the three month period, a 16 per cent increase from the third quarter of 2013, the company added.
Holcim Vietnam plant to take toxic oil
Authorities in Vietnam’s northern province of Quang Ninh will remove 7000l of toxic oil from the edge of the Ha Long Bay and dispose of it at Holcim's cement plant in Mekong Delta. News website Dan Tri cited a source from provincial authorities as saying the PCB-laced oil will leave the bay for the factory in Kien Giang Province within the coming days. Holcim is capable and properly-equ...
GHACEM cuts prices on appreciation of cedi
GHACEM, the leading cement producer in Ghana, has reduced the price of cement following the recent appreciation of the cedi against major international currencies. The ex-factory price of its 50kg cement bag has been reduced from GHS30.55 to GHS27.965, effective Tuesday, 7 October. The Ghanian cedi experienced a free fall against the major trading currencies, depreciating about 30 per cen...
Pakistan first-quarter dispatches up 4.86% YoY
Pakistan's total dispatches for the first quarter of the current fiscal increased by 4.86 per cent YoY as domestic sales offset lower exports. Domestic sales increased by 9.85 per cent in the July-September period, according to the latest data. Exports however, dropped by 8.13 per cent YoY during the period. Total dispatches during September 2014 were 3.15Mt compared to 2.94Mt during the ...
Belarus intends to increase exports to Russia
Belarus intends to export more cement to Russia in the years ahead, according to Vice Prime Minister of Belarus Anatoly Kalinin At a meeting with Russia's leading producer Eurocement Group on 3 October 2014, Mr Kalinin remarked that work is in progress to implement the contractual obligations signed by the two parties, the press service of the Belarus government told BelTA. At the same ti...
Argentina records stable September sales
Argentina’s cement plants dispatched 1,054,294t of cement (including exports) in September 2014, according to the latest figures by the country’s cement association, AFCP. This represents an improvement of five per cent when compared with August and 0.3 per cent YoY. Exports fell from 9566t in September 2013 to 8863t one year later. Meanwhile, the domestic market absorbed 1,045,852t, ...
Hope Construction Materials opens its first greenfield quarry, UK
Hope Construction Materials, Britain's leading independent supplier of aggregates and concrete, has announced the opening of its first new, greenfield quarry as part of its UK development plan. Hope Chairman Amit Bhatia officially opens Black Cat Quarry, alongside (L to R) Simon Bryant – Black Cat Quarry Manager, Sean Hoare, Managing Director ECL Civil Engineering and Lee Babb,...
Century Textiles Manikgarh unit starts production
Century Textiles & Industries has commenced production and started cement dispatches from its Manikgarh Cement Unit No II as of 26 September 2014. The new facility, which is an expansion of the Manikgarh Cement plant, has a capacity of 2.8Mta. The plant is situated in the western Indian state of Maharashtra.
Southeast Asian producers eye eastern Indonesian investments
A number of Southeast Asian companies are reportedly eyeing the construction of cement plants in eastern Indonesia, according to Andi Unggul Attas, president director of PT Semen Tonasa, Mr Attas told local press that investors from China, Thailand, and Vietnam are targeting the eastern Indonesian market in regards to the ASEAN Economic Community in 2015. "The level of cement demand in I...
CRH reportedly selling brick business
Irish building materials major CRH is selling its clay brickwork division for up to GBP600m, according to reports in The Sunday Times. The move comes as the company prepares to bid for a group of cement business from Holcim and Lafarge as the two companies look to shed assets ahead of their proposed merger. The reported cited city sources who said CRH had hired bankers from JP Morgan to fin...
Egypt: Suez Cement to close Tourah Factory 1
Suez Cement Co has voluntarily agreed to close its Tourah Factory 1 to comply with the local government's policy to reduce the number of facilities that do not meet environmental standards. The Egypt-base producer has instead chosen to invest in excess of EGP500m in environmental mitigation measures at its Tourah Factory 2, local newspaper Al Mal News said yesterday.
Holcim considers next move after court rejects carbon theft lawsuit
Holcim is considering its options after the European Court of Justice (ECJ) dismissed its lawsuit against the European Commission over the theft of 1.6m emissions allowances in 2010. On 18 September, the ECJ said it had rejected Holcim's arguments that the Commission should compensate the firm for around EUR17.6m for damages suffered when the online carbon trading account of its Romanian subs...
Algeria: Jan-Aug cement import volumes up 28% YoY
The value of cement imports to Algeria in the first eight months of 2014 soared 31 per cent with a bill of US$373.5m against US$285.3m in the same period of last year, the Customs' National Centre for Data Processing and Statistics told the Algerie Presse Service (Algiers). Cement import volumes increased by nearly 28 per cent from 3.2Mt to 4Mt, CNIS provisional data revealed. The overal...
India: Reliance Infrastructure looks to triple capacity
Reliance Infrastructure plans to nearly triple its cement generation capacity to 15Mta over the next three years. The company's capacity currently stands at 5.8Mta from its plants in Madhya Pradesh (MP), Maharashtra, Uttar Pradesh and Bengal. "We will be tripling our cement capacity in the next three years by setting up new plants in MP and Maharashtra," company chairman Anil Ambani told sha...
Semen Tonasa plans Papua factory, Indonesia
PT Semen Tonasa plans to develop a new factory in Papua with a total investment of up to IDR3trn (US$247.08m), to cut distribution costs, according to its CEO, Unggul Atas. Sales in the eastern provinces of Papua and Maluku until August reached 787,408t, down 1.5 per cent from a year earlier. Cement consumption in Papua and Maluku was 1.2Mt in 2013, down two per cent from 1.22Mt a year earl...
BillerudKorsnäs wins Product Development award at Lafarge Global Supplier Awards 2014
Lafarge has recognised the work carried out in close partnership between its Lafarge Research Centre in Lyon and the BillerudKorsnäs Sack Lab Sweden for the development of a new packaging solution. Lafarge awarded seven suppliers under different categories after an evaluation of 75 global suppliers. Carlos Espina, Senior Vice President, Research and Development at Lafarge praised the Product...