Cement News tagged: International

Athi River calls for Kaloleni reopening, Kenya

16 March 2012, Published under Cement News

Athi River Mining has appealed to the National Environment Management Authority (Nema) to re-open its factory at Kaloleni in Kilifi County, saying they have met all the conditions the environmental body set. According to reports by the Standard, Athi River Managing Director Pradeed Paunrana, said they had fulfilled the nine demands set by Nema. "We are in fully compliance with the Nema o...

St Marys Cement battle with Ontario government, Canada

16 March 2012, Published under Cement News

St Marys Cement Inc of Canada said in a press release Thursday it may call Ontario Environment Minister James Bradley as a witness in the judicial review of a decision by the provincial government to deny it permission to operate an aggregate quarry north of Hamilton. The Daily Commercial News report that the cement firm’s US parent company has challenged the federal government under t...

Lafarge to close kiln line at Joppa Cement, USA

16 March 2012, Published under Cement News

Lafarge has shut down Kiln Line No 2 at its Joppa cement plant, Illinois, USA, citing the continued challenging economic environment as the reason for shutting down one of its two kilns. The company will continue to operate the plant and its associated Cave-In-Rock Quarry and manufacture specialty well cement on its Kiln 1. Lafarge has  "The shutdown was due to the state of the economy a...

Tamale cement prices and shortages addressed, Ghana

16 March 2012, Published under Cement News

Cement prices in Tamale, the capital of the Northern Region of Ghana and the Tamale Metropolitan District, have risen above the official value to GHS20/bag (US$11.5), according to local media reports. A cement shortage has also been reported on the market, affecting ongoing construction works in the regional capital. Northern Regional Minister, Moses Bukari Mabengba, has held discussions...

Ambuja Cements investment update, India

Ambuja Cements investment update, India

16 March 2012, Published under Cement News

Ambuja Cements, part of the Holcim Group, plans to invest INR18bn (US$358m) by December 2013 to increase capacity. The investment will be funded through internal accruals. As of the quarter ended December 31, the company had a cash surplus of INR77bn, India Investment News reports. The Indian cement major plans to establish a 2.2Mta clinker plant at Naguar in Rajasthan, for which a feasi...

Qatar National Cement clinker shipment

16 March 2012, Published under Cement News

Qatar National Cement is to conclude a deal this week to import 500,000t of clinker to meet increased cement demand. Bids were submitted to Egyptian and UAE suppliers, according to reports in Al Arab daily.

Jaiprakash Power Ventures to enter cement business, India

Jaiprakash Power Ventures to enter cement business, India

16 March 2012, Published under Cement News

Jaiprakash Power Ventures Ltd has planned to raise up to INR3500 crore to fund its expansion projects and is also entering the cement sector. Its board of directors has authorised raising of funds/resources through various domestic / international options. The funds are to meet the company’s ongoing projects and/or the projects of its joint venture and subsidiary companies as also issuance ...

Jaiprakash Power Ventures to enter cement business, India

16 March 2012, Published under Cement News

Jaiprakash Power Ventures Ltd has planned to raise up to INR3500 crore to fund its expansion projects and is also entering the cement sector. Its board of directors has authorised raising of funds/resources through various domestic / international options. The funds are to meet the company’s ongoing projects and/or the projects of its joint venture and subsidiary companies as also issuance ...

Calls to end of Vassilikos Cement strike action, Cyprus

15 March 2012, Published under Cement News

Civil Engineers yesterday asked the employees of Vassilikos Cement to resume work and resolve their differences to put an end to cement shortages which are severely impacting the domestic construction sector, the Cyprus mail reports. Employees at the cement factory went on indefinite strike over their collective agreements on 1 March. A few days later concrete makers said they were halting ...

Conch plans to start building Indonesian plant this year

15 March 2012, Published under Cement News

China-based Anhui Conch Cement said it plans to begin construction of a new cement plant in South Kalimantan, Indonesia, later this year. Following a meeting with a delegation from China's Anhui province, Indonesia’s Industry Minister MS Hidayat told the Jakarta Post: "The planned plant in South Kalimantan will be able to produce 2.5Mta of cement.” Conch is currently awaiting the complet...

Credit Suisse: earnings downside risk in China cement sector

15 March 2012, Published under Cement News

Credit Suisse says that data points in the past two weeks further weakened in the Yangtze Delta (YZD) while southern/central sough demands remains stagnant, as continued weak demand in (YZD) and surrounding provinces and new supply pressure drove another CNY20-60/t price cut in the region. The house says that earnings remain vulnerable to downside risk, driven by weakening cement prices and...

Land dispute halts Dangote’s Cameroon plant construction

15 March 2012, Published under Cement News

Land protests have halted construction work on Dangote’s new cement plant in Cameroon, according to reports from the Cameroon Tribune. Despite having reached an agreement in September by Dangote and the Cameroon government, a dispute about a 2000m2 piece of land acquired by the government through a 30-year lease, and sitting close to the Ngondo Annual Cultural site and the Douala Ports Auth...

Pikalevskiy Cement surpasses production target, Russia

15 March 2012, Published under Cement News

Russian cement producer, Pikalevskiy Cement, part of the Eurocement group, produced 86,710t of cement in February – 0.5 per cent above its target. Meanwhile, cement shipments for the month totalled 88,915t, 2.7 per cent above the target plan.

Akmenes sales increase 5%, Lithuania

14 March 2012, Published under Cement News

Akmenes Cementas, Lithuania’s sole cement producer, posted a five per cent rise in sales for the first two months of 2012 to LTL13.4m (EUR3.88m) from LTL12.8m in the same period last year. The company has resumed its upgrade project, which includes converting its kiln line from wet to dry-process technology, due to warmer weather, company representative Giedre Kundrotiene told Baltic News S...

India reports rise dispatches

14 March 2012, Published under Cement News

Indian cement dispatches registered 16.29Mt in February 2012, an increase of 9.8 per cent on February 2011, data from the Cement Manufacturers Association (CMA), shows. In terms of month on month (MoM) growth, February dispatches edged ahead to 16.29Mt from 16.25Mt in January 2012. Production, meanwhile, reached 16.21Mt last month, representing an 8.9 per cent YoY increase (14.89Mt in Feb 20...

Bahrain urges producers to work at capacity

14 March 2012, Published under Cement News

The government of Bahrain has urged cement importers and local producers to operate at full capacity to satisfy growing domestic demand. Dr Hassan Fakhro, Industry and Commerce Minister, reiterated the call as he visited Arabian Gulf Cement Company (Star Cement) in Hidd, as part of efforts to follow up economic and urban consumer issues, Mist News reports. Mr Fakhro has made similar visits ...