Cement News tagged: International
Peruvian market acceleration
Peruvian cement shipments have shown strong increases for the third month in a row indicating a recovery in public investment and an acceleration in domestic sales. Shipments reached 418,824t in February 2012, representing an 11.67 per cent YoY advance from 270,562t, the cement producers association (Asocem) reported. Cement production for the month was 448,199t, up 10.3 per cent on Feb...
Indocement sales advance, further growth ahead, Indonesia
PT Indocement Tunggal Prakarsa, part of the HeidelbergCement Group, said on Tuesday cement sales rose 15 per cent in 2011 and forecasts a strong rise in infrastructure projects supported by the government’s recently-passed land clearing law. Domestic sales volumes by Indocement rose 20.2 per cent as the Indonesian construction sector has been benefiting from lively activity, particularly in ...
Cemex Philippines signs deal for WHR plant
Cemex Philippines is to construct a waste heat recovery power plant at its Solid Cement plant in Antipolo City, Rizal Province. Cemex regional president for Asia, Joaquin Miguel Estrada, announced the plan following the signing of an agreement with Sinoma Energy Conservation of China who will build the waste heat-to-energy facility, a first for the Cemex group of cement plants worldwide. “Ce...
Lafarge to expand Indian operations
Lafarge is expanding its operations in India but says it will do so organically and isn't considering any acquisitions at present, Chairman Bruno Lafont said Tuesday. "We will continue to grow, mostly through internal growth and by expanding our existing cement plants and growing through several greenfield plants," Lafont told reporters on the sidelines of an event. He said the company ...
Saudi Arabian demand seen rising 10.8% in 2012
Saudi Arabian cement consumption is expected to see a double-digit advance in 2012 thanks to increased levels of government spending, and while fuel shortage remains the key supply constraint for the domestic cement sector, the demand outlook remains strong, says a new report by NCB Capital. The main drivers for medium-term demand growth are government spending on infrastructure projects an...
Dangote Cement to invest in Liberia
Dangote cement is planning to invest over US$35m in the west African country of Liberia through its Dangote Cement Liberia subsidiary, Aliko Dangote, group president and CEO, signed a memorandum of understanding with the Liberia government at the head office of the National Port Authority on Friday. The Dangote Group has previously outlined plans to build a 0.5Mta import terminal in Monr...
Vassilikos workers to return to work on mediation proposal, Cyprus
Employees at Vassilikos Cement Company will return to work today, following a meeting held yesterday at the labour ministry, according to Cyprus Mail reports. During the meeting, Labour Minister, Sotiroulla Charalambous put forward a mediation proposal concerning the renewal of their collective agreement. Vassilikos cement employees went on an indefinite strike on 1 March 2012 over their col...
Vicem sales domestic sales fall, exports rise Vietman
Vietnam Cement Industry Corporation (Vicem) sold 2.11Mt of cement and clinker in the first two months of this year, falling 12.2 per cent from a year earlier, the corporation said on its website. Vietnam News Brief Service reports that of the total, 1.88Mt of cement and clinker were sold in the domestic market, down 19.8% per cent YoY while the remaining was exported, up 326 per cent. The co...
China cement output rises 4.8%
Cement production from China rose by 4.8 per cent in the first two months of 2012 to reach 216Mt. However, growth slowed by 4.3 percentage points from the same period last year, the National Development and Reform Commission (NDRC) reported. In February, the average cement price was CNY376.5/t down, down CNY31 from December 2011 but up CNY5.5/t YoY.
Indian government notes signs of cement sector recovery
The Indian government has noted a recovery in the cement sector and announced adjustments to the excise duty in its Union Budget 2012-13. While presenting the Union Budget 2012-13 (April-March) in parliament, Pranab Mukherjee, Minister of Finance said: "Data of last quarter of 2011-12, suggests that the economy is now turning around. There are signs of recovery in coal, fertilisers, cement ...
Semapa announces Brazil investments
Semapa, a Portuguese holding company that controls cement maker Secil, will invest about EUR300m (US$394m) in Brazil’s cement industry, Diario Economico reported, citing the prospectus of Semapa’s bond sale. Semapa will invest about EUR240m in a new plant in Brazil after it agreed to buy a 50 per cent stake in Supremo Cimento SA, the Portuguese newspaper said, citing the document for the pla...
Saudi Arabia sets prices
Saudi Arabia has set the factory price of cement at SAR12/bag (US$3.20) and the retail price at SAR14/bag, the Saudi Press Agency reported, citing Minister of Commerce and Industry Tawfiq al-Rabea. The price of bulk cement has been fixed at SAR240/t, it said. Cement supply will grow 15 per cent annually after the ministries of petroleum and commerce agreed to provide the fuel to operate exp...
Bangladesh cement exports rise
Bangladesh manufacturers and exporters of cement, salt and stone have reported YoY growth of 46.33 per cent in the first eight months of FY2011-12 (July-February). Of these three items, cement accounted for the largest amount as over 200,000t is exported annually while volumes of salt and stone volumes amount to only a few thousand. According to the Export Promotion Bureau (EPB), Bangladesh'...
Holcim Lanka’s alternative fuels option, Sri Lanka
Holcim Lanka Ltd is beginning to use agricultural waste to generate power in the cement manufacturing process. Speaking to the Daily News Business, Chairman of Holcim Lanka, Manilal Fernando, said that the company is using rice husks, straw, agricultural waste and other waste materials to generate power. "This initiative has helped the company to reduce production cost by almost 30%," he sa...
Dangote’s Zambia cement plant on schedule
Construction of Dangote Cement’s new US$365m cement plant in Masaiti District is progressing well and on schedule, logistics manager Kampewa Nundwe told the Times of Zambia. The new plant, with a capacity of 1.5Mta is situated on the Copperbelt and is scheduled for completion in the second half of 2014. Mr Nundwe said the Chinese contractor has completed clearing the site and more equipm...
New Pakistan terminal contract signed
A contract has been signed for construction of Pakistan's first mechanised coal, cement and clinker terminal at Port Qasim (BOT). The facility will be constructed at an estimated cost of US$175m on a 30-year build operate and transfer (BOT) basis. A signing ceremony was recently held between Pakistan International Bulk Terminal (PIBT) and a JV consortium of Turkish firm Siyahkalem-and lo...