Cement News tagged: International
UK: Hanson looks to recruit more staff, raise output
Hanson Cement has said it is looking to recruit more staff and could see its production levels return to normal by the end of January next year as confidence in the UK’s construction industry recovery builds. The company has scaled back production over the last few years in light of the UK’s construction downturn. It operates two cement works in England – at Ketton in Rutland and Ribblesdale ...
Eurocement launches two new cement types, Russia
Eurocement’s new Podgorensky plant in the Voronezh region of Russia has launched the production of two special types of cement designed to be used in the construction of residential, infrastructural, and industrial facilities. The company said in a statement that addition to the TSEM I 42.5N, it has "certified and launched the production of two new types of cement: TSEM I 52.5N and TSEM II/...
Zuari Cement breaks ground on new grinding plant, India
Italcementi group company Zuari Cement has launched the construction of a 1Mta grinding unit in Solapur, Maharashtra. The groundbreaking ceremony, held on Wednesday, was attended by Nabil Francis, Managing Director, Zuari Cement;, HS Ramesh, director – Business Development, and S Sundaram, VP - Projects. The new Maharashtra unit is expected to be operational in the second quarter of 2015...
Holcim Philippines boosted by higher demand
Holcim Philippines has reported a 34.2 per cent increase in third-quarter earnings driven by stronger sales revenue and cost-cutting and efficiency improvement measures. Net sales in the July-September quarter rose by more than seven per cent to PHP6.86bn on the back of steady demand and prices as private and public sector projects remained strong. Holcim country CEO, Eduardo Sahagun, said t...
Akmenes sees improved sales, Lithuania
Akmenes Cement’s sales for the nine months to the end of September 2013 rose by 5.2 per cent to 826,700t. Revenue was LTL194.076m (EUR56m) for the first three quarter of 2013. CEO Arturas Zaremba told Baltic News Service that while this reflects the seasonality of the domestic construction activity, improvements are being seen. "The spring was late this year, but the gap is narrowing,” he sai...
US July cement shipments and imports rise
Total shipments of Portland and blended cement in the US and Puerto Rico in July 2013 reached about 8.1Mt, US Geological Survey statistics show, which translates to an 11 per cent increase in the same period of the year before. Shipments for the year through to July were 45.1Mt, up slightly on the comparative period of the previous year. The leading Portland-cement producing states in July ...
Peru’s Cementos Pacasmayo net profit up 4.1%
Cementos Pacasmayo saw its net income increase by 4.1 per cent to PEN48.8m (US$17.6m) in the third quarter compared to the same period of 2012. Consolidated EBITDA rose by 17.6 per cent YoY to PEN90.2m. In the first nine months of the year, net income advanced 0.5 per cent YoY despite a weak 2Q13. Consolidated EBITDA registered a 28 per cent rise. In terms of cement sales, Pacasmayo no...
Lafarge WAPCO reports 26% rise in pretax profit
Lafarge WAPCO Cement Nigeria has recorded an increase in pretax profits of 26 per cent for the nine months to the end of September. The company reported pretax profits of NGN20.66bn (US$130m) and revenues of NGN74.27bn, up from NGN69.84bn compared to the same period of 2012. Third quarter sales rose six per cent to NGN24.8bn and pretax profit was up 65 per cent YoY at NGN6.9bn thanks to im...
Lipetskcement output increases 27.9%, Russia
Russia-based Lipetskcement, part of the Eurocement Group Holding, produced a total of 1.33Mt of cement, an increase of 27.9 per cent (247,350t) compared to the the first three quarters of 2012. In September 2013 alone, the company produced 122,410t of cement, a rise of 46 per cent compared to the same period of last year. During the nine-month reporting period, Lipetskcement shipments reache...
Lafarge Pakistan 9M13 net profit rises 17.6%, third quarter disappoints
For the first nine months of the year Lafarge Pakistan Cement earned a profit of 17.6 per cent but third quarter sales proved disappointing. For the Jan-September 2013 period the company reported of PKR903m (US$8.47m) compared to PKR768m in the same period of last year. However, during the quarter ending 30 September 2013, profit after tax fell by 86 per cent to PKR39m. According to anal...
Akhangaracement 9M13 production and shipments rise, Uzbekistan
Akhangaracement JSC, part of the Eurocement Group, produced 1.176Mt of cement and 853,503t of clinker in the first nine months of the year, up 1.61 per cent and 7.66 per cent YoY respectively. During the Jan-September period, the company said in a statement that it shipped 1.198Mt of cement, a rise of 0.97 per cent compared to the same period of the year before. It also observed an increase ...
Habesha due to start new Ethiopia plant construction
Habesha Cement finally plans to start construction of its new 1.4Mta greenfield works in Ethiopia following delays of some three years. Mesfin Abi, CEO of Habesha Cement Share Company, told New Business Ethiopia that phase one of the proect is expected to be operational by 2015. The plant’s future development plan includes an option to double the capacity to 2.8Mta. At the start of this ...
Vietnam October output rises YoY
Vietnam produced 5.2Mt of cement in October, up 11 per cent from the month before and 13 per cent YoY, the General Statistics Office (GSO) said. The GSO also revised down the cement output in September to 4.7Mt from an earlier estimate of 5.2Mt. In the first 10 months of this year, companies in Vietnam are estimated to produce 46.4Mt of cement, up five per cent from a year earlier. T...
Pakistan September export volumes ahead
Pakistan achieved double-digit rises in both export volumes and revenue in September compared to the month before, data from the Bureau of Statistics shows. Exports during September 2013 totalled 919,150t on revenues of US$52.41m compared to 765,917t at US$45.30 in August. This translates into a 20.1 per cent rise in terms of volumes and 15.71 per cent increment in foreign exchange revenue....
Algeria imports 3.6Mt of cement in 9M2013
Algerian cement imports jumped by 65 per cent in terms of value and 70 per cent in volume during the first nine months of 2013, according to the country’s customs statistics office. Imports of cement rose from US$194.77m to US$322.5m during the first nine months of 2013 when compared with the equivalent period of 2012. Import volumes increased from 2.109Mt to 3.595Mt – mostly Portland cemen...
Euro area construction output rises in August
EU construction output increased in August 2013, latest data from Eurostat shows. Seasonally-adjusted production in the construction sector was 0.4 per cent higher in August than in July. Output has been steadily rising since March but remains at historically low levels. Production in August 2013 was 2.5 per cent lower than that in the same month a year earlier. Portugal led the recovery with...