Cement News tagged: International
Indonesian August sales dip
Indonesia's domestic cement sales fell 0.1 per cent in August from a year ago, data from PT Semen Gresik Tbk showed on Wednesday. August sales were 3.6Mt, the lowest since September last year, down 25.2 per cent on a monthly basis, the data said. The decline was because there were fewer working days during the Muslim Eid al-Fitr festival, Teguh Hartanto, a Jakarta-based analyst at Bahana Sec...
Greek 1H12 construction contracts 12%
Greek construction activity shrank by an annual 12 per cent in the first half of 2012, leaving the industry on course for a seventh consecutive year of contraction as the cement industry heads towards a quarter of 2006 peak levels. Building activity in volume terms contracted to 9Mm3 in the six months to June from 10.2Mm3 a year earlier, statistics service ELSTAT said on Tuesday. It had st...
New cement grinding plant for Guinea
Ciments de l‘Afrique (CIMAF) and Polysius France have signed a contract for the construction of a cement grinding plant and a cement dispatch centre in Guinea. The order comprises the entire scope of activities, from plant planning, procurement, manufacturing and delivery right up to the plant erection and commissioning. The plant has two clinker stores with 30,000t capacity in the port of ...
Balsa Nova works begins operation, Brazil
The Balsa Nova works of CIA de Cimento Itambè, situated near the city of Curitiba in southern Brazil, has started production. The new plant features a 3000tpd kiln line built by ThyssenKrupp Polysius as well as a second-generation 265tph raw meal Quadropol roller mill, also supplied by the German equipment manufacturer. The Quadropol is a compact mill designed for high drive powers and hig...
Krasnoselskstroymaterialy output increases, Belarus
Belarussian cement manufacturer Krasnoselskstroymaterialy produced nearly 1.3Mt of cement in January-August 2012, 2.6 per cent up on the same period of last year, BelTA reported citing Lyudmila Veretilo, Head of the company’s Economic Planning Department. Most of the volumes produced were sold to the domestic demand market but nearly 133,000t of cement was exported. Some 115,000t were deliv...
Chettinad Cement to invest in power project, India
Indian cement producer Chettinad Cement is planning to invest around INR1300 crore by way of equity in associate company Chettinad Power Corp, which is to use the funds to set up a thermal power plant in Tamil Nadu. Business Standard reports that in a statement to shareholders, the company said it had received a proposal from Chettinad Power Corporation Private Ltd seeking investment in its ...
Iranian output rises three per cent in first five months
Total Iranian cement production reached 30.5Mt in the first five months of the Iranian year (beginning 21 March 2012), a rise of three per cent compared compared to 29.6Mt produced in the same period of last year. Clinker production totalled 29.9Mt in the period against 27.79Mt in Iranian year 2011. Cement and clinker exports for the first five months of this year was 5.6Mt, of which cement...
Indian producers appeal fine, India
A total of 10 out of 11 Indian cement companies fined in June for cartel practices have approached the Competition Appellate Tribunal to contest the ruling. Sources said the companies had approached the tribunal last week and the matter is due for hearing on 13 September. In June, the Competition Commission of India had imposed a penalty of INR6,307 crore (US$1.1bn) on 11 cement companie...
Chinese stocks boosted on approved government infrastructure projects
China cement firms are outperforming the broader market on hopes that the government's recently approved infrastructure projects will boost their earnings; Anhui Conch Cement is up 3.8 per cent at CNY15.64 and Xinjiang Tianshan Cement is 9.6 per cent higher at CNY8.79. Last week, China's National Development and Reform Commission (NDRC) approved new subways, highways and other projects esti...
Tvornica Cementa forecasts FY12 double-digit declines
Tvornica Cementa Kakanj (TCK), the Bosnian unit of HeidelbergCement, expects to post a 10-14 per cent drop in cement sales this year as local market conditions and the impact of the Euro zone crisis continue to weigh on performance. Speaking to SeeNews, the company’s general manager, Branimir Muidza, said that cement sales are seen at around BAM64m. "On the backdrop of the existing economic...
UK: latest construction new orders remain depressed
The latest quarterly Office of National Statistics (ONS) figures for UK construction new orders released today show that new orders for construction remained at a depressed level in the second quarter of 2012, despite having risen 1.5% in the first half of 2012 compared to the same period one year earlier. New orders remain 40% lower than the pre-recession peak. Commenting on the new orders...
CPA: cautious welcome for Government’s housing sector boost
The UK's Construction Products Association (CPA) has cautiously welcomed the Prime Minister and Deputy Prime Ministers’ announcement to boost the housing sector. Commenting on these measures, Noble Francis, Construction Products Association Economics Director said: “Any change in policy that helps the ailing housing sector to recover must be considered positive, especially given that priva...
Competition mounts for East Africa market share
Public sector infrastructure projects and the rapidly growing middle class in the East Africa region will be the main drivers of cement consumption as competition is set to intensify with the arrival of new market entrants. S peaking to AllAfrica press, Kephar Tande, chairman of the East African Cement Producers Association, said Friday that the ongoing regional trade integration and an expec...
Pakistan capacity utilisation drops to 10-year low
Capacity utilisation of the Pakistan cement industry declined to 68.29 per cent in the first two months of the current fiscal (FY12-13), the lowest level in a decade figures from the All Pakistan Cement Manufacturers Association (APCMA) show. The drop is attributed to falls in domestic demand during July and August mainly due to Ramazana and heavy rains in the country, as well as a decline ...
GCC profits rise 27.1 per cent in 1H12
Profits of the Gulf Cooperation Council (GCC) cement sector increased 27.1 per cent YoY in the first half of 2012 to US$971.5m from US$764m in the same period of 2011, the latest report from Global Investment House (GIH) shows. According to the report, the GCC cement sector grew 17 per cent in the first six months of the year mainly due to a huge pipeline of projects in Saudi Arabia helping...
US first half shipments rise 15 per cent
Total shipments of Portland and blended cement in the USA and Puerto Rico for the six months to June reached 37Mt, up by about 15 per cent, according to the latest data from the US Geological Survey. The leading producing states in June were Texas, Missouri, California, Michigan, and Florida, in descending order and accounted for 42 per cent of total output. The leading consuming states (Texa...