Cement News tagged: International
Paraguay’s cement sales pick up in July-August
Cement sales in Paraguay increased in July and August, even before the reactivation of public works. In fact, the two months were the first in the year in which Industria Nacional de Cemento had no financial deficit due to the increased commercial activity. A combination of increased output and the recovery of several major customers helped to boost the state-owned firm’s takings. Neverthel...
UBS: China cement sector to outperform next six months
UBS believes China cement demand has bottomed and cement inventories are falling. Moreover, cement prices have picked up with the national average price rising for the past four weeks after declining for 21 weeks. "We believe there will be more upside in 4Q12 based on an overlap of seasonal strengthen and a recovery in infrastructure spending," says to research house in a report by Dow Jone...
Indian cement prices slip due to delayed monsoons
Low cement demand in India has put a downward pressure on cement prices across the country, correcting them by around INR7-10 (US$0.13-/0.19)/bag since Monday. Construction activities have not picked up yet due to delayed monsoons but the industry is hopeful of Maa Durga’s blessings as it expects the festival will lead to an improved sentiment amongst consumers and hence, better sales. An o...
Fourth terminal for Cochin Port, India
India’s Cochin Port Trust (CPT) plans to set up a fourth cement terminal in Willingdon Island. The new terminal, with a capacity of 100,000t, will be built in response to demand from major cement companies and will be located on 3.19ha of leased land at the north side of Mattanchery wharf. “The interest shown by companies to set up and operate terminals indicates a positive change in att...
Brazilian investors eye Mozambican limestone
Brazilian investors have expressed and interesting exploring large limestone deposits in at least four districts of Mozambique’s Nampula province, said the provincial inspector and spokesman for the Mining Resources and energy Directorate, Fila Lazaro. He added that they planned to use limestone to produce clinker and to correct acid soil. Teams of mining consultants hired by the Brazilian ...
Ohorongo sounds alarm over cement imports
If infant industry protection cement imports are not left in place, an investment of more than NAD2bn (US$241m) in the Namibian economy and hundreds of jobs created in the process could be at risk, according to Hans-Wilhelm Schuette, Ohorongo Cement’s managing director. The statement comes in response to the latest stage of a case before the Windhoek High Court in which Chinese-owned Jack’s...
Lafarge wins rail freight ‘Oscar’ for Northfleet reconnection project
Lafarge is celebrating after picking up the highest accolade at the Rail Freight Group’s Awards for its Northfleet rail reconnection project in northwest Kent. At a prestigious event, led by Rail Freight Group (RFG) chairman Lord Tony Berkeley, Lafarge was chosen ahead of DB Schenker Rail, and Network Rail & Funding Partners, in the Rail Freight Project of the Year category. ...
Vietnam cement sales drop 3.38% Jan-August 2012
Cement sales in Vietnam for the first eight months of 2012 fell 3.38 per cent to 30.58Mt, against the same period of last year and fulfilling 55.6 per cent of the full-year target, the country’s Ministry of Construction said. On a MoM basis, cement sales were down 12.14 per cent from July 2012 to 3.62Mt in August. Cement consumption is forecast to reach between 55-56.5Mt this year, risin...
Pakistan exports see 20.4% YoY rise
Pakistan cement exports during the first two months of the current financial year posted growth of 20.38 per cent compared to the same period of last year. According to data of Pakistan Bureau of Statistics (PBS), 1,154,554t of cement worth US$91.356m was exported during the July to August 2012 period against 1,457,677t worth US$ 75.891m in same period of last year. Cement export from t...
Indonesian cement production forecast to reach 65Mta next year
Indonesian cement production is forecast to hit 65Mta in 2013, up seven per cent on this year’s target of 60.56Mt thanks to volume additions by domestic and new market entrants. The Jakarta Post cited Panggah Susanto, the Industry Ministry’s director general, as saying that the country’s cement makers will also increase production capacities and optimise their manufacturing plants. Panggah...
Tanga Cement set to begin new line construction, Tanzania
Tanga Cement Company Ltd (TCC) is expected to start construction of the second kiln in the third quarter of this year. The second kiln will enable the cement factory to produce enough clinker to supply all of its own requirements and dispense with imports, the company said in unaudited results for the six months to 30 June 2012 being released to East African Business Week last week in Dar es...
China MIIT unveils 1st batch qualified cement production lines
China's Ministry of Industry and Information Technology (MIIT) has published its first batch of qualified cement production lines. There are 108 cement production lines at 68 companies included in the list which have met the industry's access requirements. Companies such as Jidong Cement, Tianshan Cement, Anhui Wanwei Updated High-Tech Material Industry, Conch Cemen, Huaxin Cement and Henan ...
Gresik Power plant project delayed, Indonesia
PT Semen Gresik, says that the completion of its power plant project in Pangkep, South Sulawesi, will be delayed due to bad weather and man power limitations, according to reports in the Jakarta Post. In a file submitted to the Indonesia Stock Exchange (IDX) on Tuesday, Semen Gresik said that its 2x35MW coal power plant would be completed by the second quarter of 2013, a delay from the initia...
Cementos Argos announces investment in Colombia's central zone
Colombia’s leading cement producer Cementos Argos announced yesterday that it is to spend US$93m in expanding its cement capacity in the country’s central zone as the company positions itself for expected increases in domestic construction acitivity. The main focus of Argos’ investment will be the expansion of its Rioclara plant by 900,000tpa of cement. The project involves the extension of...
Inchini Cement seeks export permit, Ethiopia
Ethiopia-based producer Inchini Bedrock Cement factory is seeking approval to export cement volumes to neighbouring countries as domestic demand has declined, forcing the factory to operate at 52 per cent capacity utilisation. The Addis Fortune reported that the company is seeking an export permit and is in negotiations with three regional customers, citing Inchini’s operations manager, Dani...
West Bengal project inaugurated, India
Kolkata-based Roofers Group inaugurated its 0.2Mta cement plant in West Bengal, India on Tuesday according to local press reports. “We have initially invested INR30 crore to set up a 200tpa plant at Lodhasuli. Commercial production from the plant will commence a day after its inauguration,” Roofers Group president Anjan Bandyopadhyay told reporters. “We will scale up production to 600t with...