Cement News tagged: International
Sanghi Industries invests in capacity expansion, shipping and distribution capabilities
Sanghi Industries Ltd (SIL) is to expand its production by 30 per cent, and is set to acquire ships and establish terminals to improve logistics. The company is to raise cement capacity from 2.6Mta to 3.5Mta by the end of 2015 at its Abdasa plant in the Kutch district of Gujarat. “Currently, clinker production is higher than cement production at our plant. To correct the mismatch, we are inv...
Lipetskcement reports 8.8% rise in output, Russia
Lipetskcement, part of the Eurocement group, produced 81,420t of cement in the first two months of this year, 8.8 per cent more than the same period of 2013. In February 2014 alone, output increased by five per cent YoY to 44,000t. Half of the overall volume of produced cement in February 2014 consisted of the high-strength plain cement CEM I 42.5N. Clinker production amounted to 80,000t,...
Algeria: SCS receives bids for Oum-El-Bouaghi plant construction
Société des Ciments de Sigus (SCS) has received bids from French, Danish and Chinese bidders to build its new cement works in Oum-El-Bouaghi, Algeria. The EUR350m project will see the construction of a 2Mta cement works, which is part of the investments planned by Groupe Industriel des Ciments d’Algerie (GICA). A site survey of the 119ha plot has been carried out and the authorities hav...
Dangote: new capacity development update
Full-year results from Dangote Cement show the company has been outperforming growth in its domestic market of Nigeria as new capacity boosts market share. With a number of new projects scheduled for completion this year both on the home front and across the sub-Sahara Africa region, the emerging cement major is targeting 60Mta of production, grinding and import capacity by 2016. On Wedn...
Holcim suspends Joliette investment
Holcim said it would suspend its CAD250m (US$225m) investment to expand capacity at its Joliette works in Canada given the potential economic uncertainty caused by the new Port-Daniel-Gascons cement works in Gaspésie, Québec, local press have reported. The Québec government recently awarded a CAD250m grant and tax benefits for 10 years to the greenfield project by McInnis Ciment. "We put th...
Vicem February sales rise 42% YoY
Vietnam Cement Industry Corp (Vicem), the country’s leading cement producer, sold 1.48Mt of cement and clinker in February, up 2.78 per cent from the previous month and 42 per cent from a year ago. Of the total, 1.12Mt of cement and clinker were sold domestically, a rise of 15.1 per cent YoY, while 359,000t of were exported – marking an increase of 513 per cent YoY, In the first two months o...
Belarus set to increase cement exports to Russia
Belarus is set to increase cement exports to Russia by 0.5Mt this year, according to Belarusian Archictecture and Constructions Minister Anatoly Chernyl. In line with an agreement with the Eurocement Group of Russia, exports will rise by 0.5Mt in 2014, the Belarusian Telegraph Agency quoted the official as saying. Belarus has guaranteed the delivery of 1.5Mt of cement to Eurocement in 2014 a...
Bolivia: Itacamba starts Yacuses construction in May
Itacamba will start building its new cement plant in Yacuses, Bolivia, on 13 May when civil works on the project commence. In April, heavy equipment will roll onto the terrain to prepare the 7ha site for construction. The Yacuses works reflects an investment of US$200m. With a production capacity of 0.85Mta will cover the current 0.5Mta supply deficit in the Santa Cruz market. The proje...
Lafarge Ciments plans Moroccan integration
Lafarge’s Moroccan subsidiary Lafarge Ciments will be proposing a merger with Lafarge Bétons and Lafarge Granulats, its concrete and aggregates divisions at the company's next General Meeting. "This will allow the deployment of an integrated development strategy of service offers and constructive solutions and, a stronger cooperation between the Group's various activities. It would also imp...
Pakistan exports decline over 8MFY14
Pakistan exports have declined in the first eight months of the current fiscal, both in terms of volume and revenues. During the July 2013 – February 2014 period, exports totaled 5.46Mt on revenues of US$332.02m compared to 5.81Mt at US$376.71m in the same period of last year. This translates into a fall of 6.04 and 11.86 per cent in quantity and dollar value, respectively. Similarly...
China cement prices ease
Cement prices in China eased to a national average of CNY361/t (US$58) by 28 February 2014, down from a recent peak of CNY373/t (US$60) on 20 January, according to figures from Digital Steel. The downturn was largely due to weakening prices in Central Southern and Eastern China. Meanwhile, the industry's inventory ratio climbed to 72 per cent by end-February, up from a trough of 62 per cent o...
Singha's Sri Lanka terminal on track for 2015 completion
Singha Cement’s new state-of-the-art Sri Lankan cement terminal is on track for completion next year, doubling the company's existing capacity. “The reason for this expansion is to meet the high demand for Singha cement in the country as well as to provide an enhanced, quality service to our customers,” Colin Nelson, managing director of the company, told Lanka Business Today. Singha Cement,...
Kuwait Cement profit rises 16.3% YoY
Kuwait Cement Co (KCC) announced profits of KWD17.1m (US$60.7m) with earnings per share (EPS) at 26.1 fils for 2013, compared to a net profit of KWD14.7m and EPS of 23.7 fils in 2012. KCC said in statement on the website of Kuwait Stock Exchange (KSE) yesterday that the company's board of directors recommended the distribution of 18 per cent cash of the fiscal year ended in December 2013.? ...
Vietnam: Thach My cement plant launches operations
Xuan Thanh Investment and Development JSC has started operations of its Thach My cement plant in the central Vietnam province of Quang Nam. The plant has a design capacity of 1.7Mta in the first phase. It was identified as a key project of the province when construction started in July of 2010.
Thailand demand growth to halve in 2014
The protracted political crisis in Thailand is impacting the domestic construction market, and cement consumption is expected to grow at half the rate expected, according to President and CEO of Siam Cement Group. "The overall market of cement and construction materials has shrunk over the past couple of months thanks to the sluggish economy which has been hit by the prolonged political probl...
Eastern Province to launch new mill in 2Q15
Eastern Province Cement (EPC) is to launch commercial production at a new cement mill in April 2015. The construction of the grinding unit, with a capacity of 150tph, will be completed in October 2014, officials said yesterday. The equipment at the new facility will be installed over a period of two-and-a-half months, with the trial period to take three months, by end-March 2015. Earlier in M...