Cement News tagged: International
UK: Cemex teams up with SITA to produce RDF
Cemex UK has joined forces with SITA UK to produce all the refuse-derived fuel (RDF) to fire its Rugby cement kiln. SITA UK will build two recycling plants that will produce Cemex’s Climafuel brand of RDF from local residual household and business waste. Under the terms of the deal, SITA UK will be responsible for building and operating the plants – one in Birmingham, and another on land ad...
Bangladesh: Seven Rings Cement to double production capacity
Seven Circle (BD) Ltd, one of the fastest-growing cement companies of the country, will double its production capacity to 3.3Mta by the end of 2014. "We have now the capacity of 1.7Mta and the expansion drive of our company was taken in view of the rising demand of cement," Asadul Haque Sufyani, general manager (Marketing) of Seven Circle (BD) Ltd, told The Financial Express in an interview ...
New Zealand: Fletcher rivals “attacking our market”
Fletcher, with a market capitalisation of NZD4.2bn (US£3.4bn), is under attack from firms undercutting prices by up to a third and aiming at Christchurch's post-quake rebuild. Stephen Hudson, Macquarie Equities Research analyst, said new import-based competition had emerged in cement products, insulation, wallboard, laminates and steel categories. Hudson said construction of a new third-play...
India: Udayapur Cement to shut for a month
One of the biggest cement factories in the country built with Japanese assistance has been closed for a month for ‘maintenance work’ at a time when the demand for construction materials has been witnessing a boom. According to a Himalayan Times report, the closure of Udayapur Cement Factory, which has a cement capacity to churn out 800tpd every day, is not a result of technical failure, as cl...
Dominican Republic consumption declines 8% in 2011
Domestic consumption in the Dominican Republic fell eight per cent in 2011 compared to 2010, as the Caribbean island continues to feel the impact of the global economic downturn. According to Dominican Republic cement association, Adocem, local consumption stood at 2.8Mt in 2011 compared to 3.05Mt the year before with the decline attributed to the ongoing effects of the global economic cris...
Ukraine production rises 4% in March
Cement production in the Ukraine in March 2012 grew by 7% compared to March 2011 to 620,000t, the country’s state statistics service has said. Cement output in the January-March 2012 period came to 1.28Mt, which is 3.5% up YoY. Last year, cement production rose 11.2% compared to 2010, to 10.52Mt. Earlier Ukrcement CEO, Petro Lopatyev, forecast that Ukrainian cement factories would be ...
Ambuja Cements first quarter net profit declines, India
Ambuja Cements posted a 23.4% drop in its first quarter net profit at INR312.2 crore against INR407.5 crore in the corresponding quarter last year. The company's 1Q net sales saw a rise of 19% to INR2633.3 crore against INR2212.5 crore in the corresponding quarter last year. Net profit declined due to an additional depreciation charge of INR289 crore. First quarter dispatches rose to 6.1Mt...
Loma Negra announces new plant construction, Argentina
Argentine cement producer Loma Negra has announced it will invest US$250m in a new cement plant in the province of San Juan. The factory will be built in the town of Pocito, 20km from the capital of San Juan, and will have a production capacity of 1Mta of cement. Currently, Loma Negra has nine plants, six of which are in the province of Buenos Aires, while the remaining are in Neuquén, San ...
UltraTech in talks to buy Mozambique mine
Aditya Birla group's UltraTech Cement - India's largest cement maker, is in talks to acquire a large limestone mine in Mozambique for about INR1500 crore. According to reports in the Economic Times of India, negotiations between the Mumbai-based company and the mine owner began two months ago and could subsequently result in UltraTech constructing a 1-2Mta cement plant in the southeast Africa...
Pakistan’s DG Khan Cement swings to net profit
DG Khan Cement, Pakistan’s second-biggest producer, swung to a third-quarter profit thanks to an increase in prices. Net income in the three months ended March 31 was PKR754.6m (US$8.3m), compared with a loss of PKR5.32m in the same period a year ago, according to a statement to the Karachi Stock Exchange. Sales rose 21 per cent to PKR6.23bn.
Saudi cement sales reach monthly high – report
Saudi Arabian cement sales and clinker production reached record monthly highs in March 2012, a new report by NCB Capital shows. “Domestic cement sales rose 12.6 per cent YoY and 10.2 per cent MoM to 4.89Mt in Mar-12. Local clinker sales rose to 135,000t against 10,000t in February 2012,” the report said. Clinker production was up 10 per cent YoY and 22.3 per cent MoM in March 2012 to 4...
European construction reports third consecutive monthly fall
European construction output dropped for a third month in February, led by declines in Germany and Italy. Construction in the 17-nation euro region plunged 7.1 per cent from January, when it slipped a revised 0.5 per cent, the European Union’s statistics office in Luxembourg said. From a year earlier, output fell 12.9 per cent. German builders’ output plummeted 17.1 per cent after a 4.7 ...
Brazil first-quarter sales rise 13.3%
Preliminary data on the Brazilian cement market shows that for the first quarter of 2012, domestic sales climbed 13.3% YoY to 16.4Mt, according to Sindicato Nacional da Industria do Cimento (SNIC). Accumulated sales for the 12 month period between April 2011 to March 2012 reached 65.7Mt, representing an increase of 9.6 per cent compared to the same period of the previous year.
Jaypee plans capacity hike, India
India’s Jaypee Group is aiming to increase cement capacity to around 50Mta over the next five years from 33.5Mt, the Economic Times of India reports. Shiva Dixit, vice president of Jaiprakash Associates (the flagship company of the diversified Jaypee Group) told local press that “Our current capacity is 33.5Mt. By the end of this year, it will reach to 36Mt. We are evaluating various locati...
INC reactivates its clinker kiln, Paraguay
Following a two-week shutdown, Industria Nacional de Cemento (INC) yesterday reactivated its clinker kiln, according to the state company.? Having heated up the kiln, input of raw materials is expected to start today, company president of INC, Edgar Acosta Alcaraz. The stoppage took place, as with previous occasions, was due to a lack of fuel oil that was not supplied in time by the compan...
Irish Cement strike enters third week, Ireland
Management at Irish Cement has expressed disappointment at the escalation of industrial action at its two locations at Platin in County Meath and Castlemungret in County Limerick which has now entered its third week. Strike action began on 3 April following a decision to take industrial action by the Irish Cement Group of Unions which includes SIPTU, TEEU and Unite. Irish Cement staff are c...