Cement News tagged: International
Pakistan exports decline in 10MFY13-14
Pakistan export volumes and revenues have continued to decline in the first 10 months of the current fiscal, mainly due to a decline in shipments to Afghanistan. On a more positive note, despite the disappointing performance on the export front, utilisation rates have climbed to a five-year high. During the July 2013-April 2014 period, Pakistan exported 6.92Mt of cement on revenues of US$415...
Lafarge Republic expansion on track for 1H15 completion
Lafarge Republic is on track to launch new mills at its Teresa and Norzagaray cement plants in the first half of next year, its president has said. "For 2015, Lafarge Republic, Inc. is putting up new cement grinding mills in Teresa plant and Norzagaray plant and targeting to start operating them by January 2015 and second quarter of 2015, respectively," said Renato C. Sunico, president of La...
Egypt: Cemex signs new partnership with United Nations World Food Program
Cemex in Egypt has given an additional donation to the United Nations World Food Program (WFP) to support its Food-for-Education program in Assiut governorate which will benefit more than 4000 people. Inaugurated at the governorate of Assiut today and under the auspices of the Governor of Assiut, Gen Ibrahim Hammad, this is the third partnership agreement Cemex signs with WFP. WFP will use th...
Habesha secures 60-year mining license, Ethiopia
Ethiopia-based producer Habesha Cement has acquired a mining license from the Ministry of Mines (MoM), according to reports by Fortune. The agreement gives Habesha the right to mine limestone, gypsum, clay and sandstone from a total of 112ha of land located in the West Shoa Zone, Oromia State. The sites are found in Meta Robe, Ejere and Ada’a Bergag woredas. The deal, finalised by representat...
Argentina: Cementos Avellaneda to double capacity
Cementos Avellaneda plans to invest US$100m at its La Calera works in San Luis to double its production, according to CEO Miguel De Anquin. The expansion is expected to supply the local market in San Luis, which due to public works and private projects has seen its cement consumption rise to nearly 400kg per capita, significantly above the national average of 260kg.
US March cement shipments rise 6% YoY
Total shipments of Portland and blended cement in the United States and Puerto Rico in March 2014 rose by nearly six per cent YoY to 6.1Mt, latest data from the USGS show. Shipments for the year through to the end of March were 15.7Mt, up by about three per cent from the same period of last year. The leading Portland cement-producing states in March were Texas, California, Missouri, Florida a...
Colombia’s 2013 grey cement production reaches 11.2Mta
Around 11.2Mta of grey cement was produced in Colombia in 2013, mainly due to a boost in the market from social housing construction, according to DANE, the national statistics office. “It was a very good year in dispatches and production, driven by buildings and infrastructure,” said Sandra Forero Ramirez, president of the Colombian Chamber of Construction (Camacol). In addition, the retai...
Deutsche Bank lowers China demand forecast
According to the latest research report by Deutsche Bank, cement demand forecast was lowered to 4.5 per cent, due to the recent slowdown in the real estate market in China. However, the forecast still exceeds cement supply of 1.9 per cent. The target prices of cement stocks were reduced in accordance with the adjustments on sales volume and average selling prices.
Lafarge Malaysia mulls export opportunities
Lafarge Malaysia is exploring the possibility of exporting cement to other markets in Southeast Asia and around the Indian Ocean, its chief executive has said. Speaking to local press, Bradley Mulroney said the company is considering exporting to Myanmar, Sri Lanka, Bangladesh, Maldives, Mauritius, among other countries. However, he emphasised the company's commitment to serving Peninsular...
New Kyrgyz Republic plant planned
A new cement plant is to be constructed in the Aravan district of Osh province, Kyrgyz Republic. The main investor in the 500tpd facility is a Chinese company, according to local press reports citing a statement from the press service of the the regional administration. "The agreement between the Chinese company and the Head of Alya Anar rural district stipulates that locals will be employe...
Ecuador monthly sales see marginal YoY gains
Ecuador cement sales during January-April 2014 period reached 2.047, just 0.8 per cent ahead on the 2.030Mt sold in the comparative period of last year, latest data from domestic cement and concrete institute INECYC shows. April 2014 sales totalled 524,903t down 3.8 per cent from the same period of last year when dispatches reached 545,440t. However, sales were higher than those recorded in...
Lafarge Republic & Global Power team up for special cement variant
Lafarge Republic, Inc (LRI) and Global Business Power Corporation (GBPC) have launched an initiative aimed to lower the costs of rehabilitation projects, such as the rebuilding efforts for Yolanda- and the Bohol earthquake-affected areas of the Philippines, through the introduction of a special cement variant called “Kapit–Balay” cement. Kapit-Balay cement is a result of the Total Ash managem...
PPC to construct Harare mill, Zimbabwe
PPC said it would spend US$80m on a cement mill in Harare, Zimbabwe, to be commissioned in 2016. The new mill, to be funded by a corporate loan, is expected to boost operating efficiencies. The company is planning to close less efficient mills at its Bulawayo factory. Last year, PPC announced it would also construct a clinker plant in Mt Darwin in northern Zimbabwe and a cement mill in ...
Moroccan cement sales fall 3.1% in April
Cement sales in Morocco took a further dip in April, declining by 3.1 per cent YoY, according to the Ministry of Economy and Finance. For 2014, the cement industry expects another challenging year. Holcim Maroc forecasts a four per cent decline, in addition to the 6.3 per cent market contraction experienced in 2013.
Tunisian prices to rise following government subsidy cut
The price of cement in Tunisia is to rise following the announcement by Kamel Bennaceur, Minister of Energy and Mines, that the government will remove the subsidy on cement. Prices are set to increase by TND7.5-8 (US$4.6-4.9) local news sources have reported.
Trinidad Cement shelves bond offering
Trinidad Cement dual-currency offering of speculative-grade notes has been postponed to await more favorable market conditions, according to a company statement. The deal was intended to target refinancing efforts and support general corporate purposes, and terms on an oversubscribed order book were not consistent with the company’s development strategies. A $300 million tranche of seven-y...