Cement News tagged: International
Saudi sees monthly sales decline
Saudi cement sales declined by three per cent to 4.59Mt in February 2014, compared to 4.74Mt in the same month of last year, local media have reported. Out of the 14 cement companies operating in the kingdom, 10 reported a declining in sales, according to a report prepared by Argaam Business Info. Clinker production, however, jumped by five per cent during the month to 4.07Mt, the report sta...
Sonadih plant wins Safety, Health and Environment award, India
Lafarge India's Sonadih cement plant has been awarded the Safety, Health and Environment' (SHE) Award under the large-scale industry category by the Confederation of Indian Industries (CII), Eastern Region. The Lafarge India team was recognised for implementing initiatives like leadership, empowerment of its plant team, engagement programmes with employees and contractors, on-site practices,...
Quebec cement industry urges government to ensure new plant adheres to regulations
Drawing attention to potential risks to the lobster fishery industry in Gaspesie, the Cement Association of Canada (CAC) today urged the Minister of Fisheries and Oceans, the Honourable Gail Shea, the Minister of Transport, the Honourable Lisa Raitt, and the Minister of the Environment, the Honourable Leona Aglukkaq, to ensure that the proposed project for a new cement plant in Port-Daniel-Gas...
KHD supplies Lafarge Ravena and Exshaw projects
KHD Humboldt Wedag International AG’s US-based office, Humboldt Wedag Inc, is executing two orders with Lafarge North America Inc and Lafarge Canada Inc (Lafarge) for engineering, delivery of equipment, and site services of new clinker lines at their Exshaw and Ravena plants. KHD’s scope of supply for the projects begins with the raw material feed and ends at clinker handling. Both plants wi...
Energy shortage behind Egypt cement price spike
Energy shortages are behind the recent spike in Egyptian cement prices as reduced gas supplies lowers output, a statement by Egypt’s cabinet has said. Daily News Egypt reported that interim Prime Minister Ibrahim Mehleb, who heads the cabinet, met with Minister of Foreign Trade, Industry and Investment Mounir Fakhry Abdel Nour, Minister of Energy and Electricity Mohamed Shaker, Minister of Pe...
TCMB elects new chairman
Mehmet Göçmen has been elected chairman of the Turkish Cement Manufacturers Association (TÇMB) by board members at the 56th General Assembly meeting last month. Mr Göçmen is currently Sabanci Holding Cement Group President. He has previously held positions at Akcansa and Lafarge. Mr Göçmen replaces Mustafa Güçlü who has served as TÇMB chairman since 2011. Mehmet Göçmen elected as T...
Italcementi eyes Myanmar investment
Italian cement major Italcementi is studying the possibility of entering the Myanmar market in the the next few years, its chief executive has said in a recent interview. Speaking to The Nation about Italcementi's growth potential in the Asean region, Carlo Pesenti said: "We are negotiating with a local partner in Myanmar and also studying the country's Foreign Investment [Law]," he said. It...
Eastern Province full-year profit declines, Saudi Arabia
Eastern Province Cement Company (EPC) booked a SAR309m (US$82.4m) net profit for 2013, down from SAR387m a year ago, a decrease of 20.2 per cent YoY. The company attributed the decline to lower sales and higher manufacturing costs as a result of maintenance works. Earnings per share (EPS) stood at SAR 3.59, compared with SAR 4.5. The Saudi-based producer registered an operating profit ...
Reliance begins serving the Uttar Pradesh market
Reliance Cement has expanded its footprint in the Indian market by launching its products into Uttar Pradesh. Commenting on the developments, Arvind Pathak, CEO Reliance Cement, said: “Uttar Pradesh is one of the largest cement consuming states in the country with total consumption of around 26Mta. With the ever increasing industrial activities, real-estate, construction and infrastructure, i...
Italcementi: 2013 turnover declines 5.4%
Italcementi's 2013 turnover declined by 5.4 per cent to EUR4,235.4m while the underlying EBITDA way off by just 1.9 per cent to EUR631.0m. The depreciation charge declined by 6.5 per cent to EUR426.5m and impairment charges dropped by 89.6 per cent to EUR32.1m from EUR309.4m and the previous year's trading loss EUR140.2m was turned into a trading profit of EUR159.3m. Net financial charges r...
Argos increases cement price in Honduras
Argos Honduras will increase the price of its cement as of Tuesday, 11 March after it received government authorisation to raise prices by HNL8/bag. A 42.5kg bag of Piedra Azul cement will cost HNL168. The company had sought a price hike of eight per cent or HNL11. "We have been meeting with executives from Argos, after more than a month and a half of analysis costs we believe that the co...
Semen Indonesia inaugurates Banjarmasin packing plant
Semen Indonesia has inaugurated a new cement packing plant in Banjarmasin, South Kalimantan, taking the company’s total number of packing facilities to 23. The plant is estimated to have cost IDR120bn (US$10m), the company said in a statement posted on its website on Thursday. It has a cement silo equipped with two lines capable of packing 2200 bags per hour, the statement said. The new faci...
Cimsa full-year net profit surges
Turkey-based Cimsa said its consolidated net profit surged 162 per cent to TRL302.3m (EUR99.6m) in 2013. Cimsa’s income from investment activities soared to TRL145.7m in 2013 from TRL11m a year earlier, it said in its consolidated income statement on Tuesday. The company’s consolidated operating profit increased 22.9 per cent to TRL179.5m in the review period. Consolidated reven...
Greece: Titan to supply quake-hit Kefalonia
Titan Cement is to provide 500t of packed cement to the earthquake-hit island of Kefalonia, catering for repair works urgently needed in buildings of public interest. The Greek cement major said it will respond to related requests addressed to it directly for the prompt restoration of the most serious construction problems presented in public or municipal buildings, churches, and infrastruct...
Cimentos de Moçambique boosts 2013 sales
Cimentos de Moçambique, the Mozambican subsidiary of Cimpor, saw a 9.8 per cent rise in sales last year to 1.3Mt as the start up of two new mills and a more “aggressive commercial policy” improved competitiveness in 2013 against imports. The most recent estimates indicate that Mozambique's GDP grew about 6.5 per cent in 2013, led by the construction and agriculture sectors, Cimpor noted in i...
Southeast Asian advances
Southeast Asia continues to be a hive of cement activity and recent commentary by local producers suggests the prospects remain promising for certain key markets through 2014. Philippines: new capacity on the way The outlook for the Philippines remains upbeat for 2014, driven by government infrastructure spending and private sector projects. Last year cement sales rose by 5.9 per cent to 1...