Cement News tagged: International
India: Dalmia Cement wins Manufacturing Today Award
Dalmia Cement, Ariyalur, has won the prestigious ‘Manufacturing Today Award 2013’ for excellence in technology, CSR, supply chain management, and sustainability. The award was sponsored by ‘Manufacturing Today’ magazine. Anil Bajaj, unit head of Dalmia Dement, Ariyalur, received the award at a function held in Pune on 28 September. The company has taken stringent measure to ensure sustainabil...
India: tender causes 'CSR obligation' query
The Companies Act that came into force from this year has mandated that companies have to set aside at least two per cent from their net profit for expenditure on corporate social responsibility (CSR). But the rules issued by the Ministry of Corporate Affairs note that CSR cannot be interpreted as the main business activity of a company. The expenditure has to be over and above it, but this te...
PPC commits to new DRC plant
PPC has signed a memorandum of understanding with the Barnet Group, its local partner in the Democratic Republic of Congo (DRC), to build a US$230m cement factory there. Ketso Gordhan, CEO of PPC, said that the greenfield project in the DRC included the construction of a 1Mta cement factory and associated quarry. The plant would take about 24 months to complete. PPC previously confirmed th...
European cement sector: towards greater efficiency
Cemtech Europe 2013 has opened its doors to 200 cement industry specialists, gathered together in the magnificent city of Prague, Czech Republic, for three days of intense discussion on achieving the most efficient and competitive operations possible in today’s challenging environment. Jan Gemrich, executive director of the Czech cement association, provides an overview of the curren...
Global i.nova branding to revolutionise cement marketing
Italcementi is changing the way we look at cement. The approach to the cement sector market is traditionally based on the standardised supply of a commodity, but Italcementi is offering a new approach. Using its i.nova system, customers will find it easier to distinguish and select, for instance, the acoustic insulating products that are grouped under the i.sound 'family', or the thermal insu...
Cement traders threaten to halt cement imports of storage rate hike
India’s cement traders threatened to halt imports of cement from Pakistan via the Attar-Wagah land route unless a considerable hike in storage charges is rescinded. The Land Port Authority of India (LPAI) announced a rise in storage charges from the current INR20/t to INR100/t from 1 October 2013, according to the traders. Traders under the banner of the Confederation of International Ch...
Pakistan export earnings rise in first two months
Pakistan cement exporters have had a good start to the current fiscal, with volumes and earnings up on an annual basis. During July and August 2013, Pakistan exported 1.62Mt of cement on revenues of US$96.79m compared to 1.4446Mt at US$91.55m, representing a rise of 12.03 and 5.72 per cent in volumes and US dollar value, respectively. In terms of the Pakistan rupee, the export value ros...
VDZ honours Duncan Herfort for outstanding contribution to cement production
Duncan Herfort, chief scientist of Cementir Holding SpA (Aalborg Portland), has been awarded the Klaus Dyckerhoff Prize for his outstanding work in the field of cement production at the 7th International VDZ Congress in Duesseldorf, Germany. Mr Herfort was particularly recognised for his major achievements in the field of cement chemistry. The jury underlined the various renowned scientific p...
Asia Cement sees slower 2014 revenue growth
Asia Cement, the Thai-based subsidiary of Italcementi, expects slower revenue growth next year due to a weaker economy and domestic demand. While this year's revenue is estimated to rise 17.6 per cent to THB10bn, next year revenue growth is expected to slow to four per cent, according to Asia Cement's co-managing director Nopadol Ramyarupa. "The economic slowdown and revised GDP figure ...
APCMA elects new chairman for 2013-14 term
Muhammad Ali Tabba of Lucky Cement Company Ltd has been unanimously elected as chairman of the All Pakistan Cement Manufacturers Association (APCMA) for the 2013-14 term. Sayeed Tariq Saigol of Maple Leaf Cement Factory and Babar Bashir Nawaz of Attock Cement Pakistan were also unanimously elected senior vice chairman and vice chairman of the association, respectively. Also elected as m...
Maple Leaf full-year profit boosted by higher cement prices
Maple Leaf has reported a over a six-fold rise in annual net profit for FY13 driven in part by higher cement prices and lower coal costs. According to a notice sent by the company to the Karachi Stock Exchange, for the 12 months ended 30 June 2013, the company posted a profit of PKR3.23bn compared to PKR496m in the previous fiscal – a staggering increment of 550 per cent. Sales rose by 12...
HSBC cuts target price for China Shanshui Cement
HSBC Research cut its target price for China Shanshui Cement to HK$3 from HK$4.2, and downgraded the stock from "overweight" to "underweight". The research house thinks expectations for better pricing in 2H (during the peak season) will disappoint given Shanshui's geographical exposure. Furthermore, HSBC forecast earnings to remain depressed in FY2014 due to persistently high tax expen...
Fabrika Cementa Lukavac to export to Libya
Bosnia-based cement producer Fabrika Cementa Lukavac is set to export 30,000t of cement to Libya by the end of the year, local media said on Wednesday. The first two trains with 1258t of cement are on the way to the final destination, with 4500-5000t in total to be sent this week, news portal eKapija.ba said. The cement will be delivered with trains through Bosnia and Croatia and then via ...
Baticim new mill put into operation, Turkey
Baticim Bati Anadolu Cimento Sanayii has put its new vertical raw mill for finish cement into operation. The mill has a capacity of 380tph, Baticim said in a bourse filing.
Pakistan September sales seen rising on higher domestic demand
Pakistan cement sales are expected to increase by six per cent YoY in September 2013 on the back of a rise in domestic demand. Dispatches are forecast to climb to 2.76Mt for the month compared to 2.61Mt in the same period of last year. Local sales are seen rising 11 per cent YoY to 1.98Mt, according to estimates by InvestCap. The south is anticipated to have grown 32 per cent on a YoY basis ...
Cimentos de Mocambique begins trial tests on new mill
Cimentos de Mocambique has started trial tests of a new mill at its Dondo works, local press have reported. With this investment, the company will increase capacity by around 0.5Mta of cement from the present 0.4Mta. The Dondo works currently serves the Sofala, Tete, Manica and southern Zambézia provinces. In July of this year Cimentos de Moçambique signed a rental contract on a mill locate...