Cement News tagged under: Weekly Newsletter
MI Cement to set up new 8400tpd line21 January 2019, Published under Cement NewsBangladesh’s MI Cement Factory Ltd has announced that it will set up its sixth cement unit in Muktagachha, Munshiganj, at a cost of BDT6bn (US$71.54m). The new line is expected to have a capacity of 8400tpd and enter commercial operation by 2021. Upon completion, the company’s total capacity will rise 76 per cent to 19,400tpd from 11,000tpd. The decision to expand was taken after the company’s board of directors was encouraged by a growing demand for its cement, according to a company offic... |
Puerto Rican cement sales surge 39% in 201817 January 2019, Published under Cement NewsCement sales in Puerto Rico advanced by 38.9 per cent to 14.3m bags of 42.5kg, or 607,750t in 2018. The figure is the highest reported since 2014 and has been attributed mainly to the island’s reconstruction drive following Hurricane Maria. Cement output reached 13.2m bags, or 561,000t, representing a 44.6 per cent rise YoY when compared with 2017, when production volumes fell by 14.2 per cent, according to Esmerk Latin American News. |
Exports help Saudi cement sales rise 7% in December17 January 2019, Published under Cement NewsCement and clinker sales in Saudi Arabia rose 7.2 per cent YoY to 4.37Mt (including exports) in December 2018 compared to 4.08Mt in the previous year, reports Aljazira Capital. Clinker inventory increased 18.8 per cent YoY and 0.8 per cent MoM to 42.34Mt last month, but cement dispatches were down 10 per cent YoY. The plant utilisation rate in the Saudi cement sector fell to 54.1 per cent in December, compared to 62.4 per cent in the same period last year. Hail and Southern Cement record... |
Vicat Egypt to invest in Sinai Cement16 January 2019, Published under Cement NewsVicat Egypt is expected to invest up to EUR30m in Sinai Cement Co to meet the demand of the local and regional market. Tamer Magdy, CEO, Vicat Egypt, made the announcement during an event celebrating the 15th anniversary of the company’s presence in the Egyptian market. Vicat acquired Sinai Cement, based near El Arish, in 2003. The Egyptian economy has the potential to recover as it is moving forward on the back of the country’s policies, according to the CEO of Vicat Group, Guy Sidos. "W... |
Cemex changes management structure16 January 2019, Published under Cement NewsCemex has announced a series of changes to its management structure which will come into force on 1 February 2019. Juan Romero Torres, current president of Cemex Mexico, has been appointed executive vice president of Global Commercial Development. This new role aims to capitalise on the progress that the company has achieved in its Customer Centricity strategy and provide it with a formal structure, according to a press release. As a result, Ricardo Naya Barba, current president of Cemex Col... |
Peru's cement market expands 4% in 201815 January 2019, Published under Cement NewsCement consumption in Peru increased 5.8 per cent YoY to 1.02Mt in December 2018, according to the latest data from Peru’s cement association, Asocem. Cement production remained largely stable in December 2018 at 906,000t, up 0.9 per cent YoY and 0.6 per cent MoM. Clinker output rose 2.1 per cent YoY to 913,000t and 6.9 per cent MoM from 855,000t. Domestic production was supplemented by 136,800t of cement imports, up 49 per cent YoY while clinker imports edged up by three per cent to 4... |
Iran produces 41Mt of cement in last 9M of 201814 January 2019, Published under Cement NewsIran produced 41Mt of cement during the nine months to 21 December 2018, of which 4.8Mt were exported, reports the Iran Cement Association. According to Iran Cement Association Secretary, Abdolreza Sheikhan, domestically-produced cement is currently priced at US$25-30/t in export markets, which indicates that export earnings amounted to US$120-144m for the reported period. "Cement production during the nine months saw no significant change compared with the similar period of last year whi... |
First 50kW solar cement kiln will be tested throughout 201911 January 2019, Published under Cement NewsThe launch of the first solar reactor operating at 800-1000˚C, using rotary kiln and a horizontal bubbling fluidised bed, to manufacture cement is a step nearer. The Solar Thermal Treatment of Non-Metallic Minerals (SOLPART) is preparing to move from the lab to an industrial-sized test plant. "We have tested a fluidised bed system at the level of between 10kW and 20kW and now we are commissioning a pilot scale reactor with power of between 30kW and 50kW, able to treat 50kg/h calcium carbona... |
Brazil cement sales slip 1.2% in 2018, growth return in 201910 January 2019, Published under Cement NewsCement sales in the Brazilian market remained largely stable at 3.964Mt in December 2018 from 3.97Mt in December 2017, according to the latest data from the country’s cement association, SNIC. In the central-eastern part of the country sales advanced 5.5 per cent YoY to 400,000t. Growth was also reported in the key southeastern region (+3.2 per cent), where sales reached 1.882Mt, and the south, which saw sales increase by 1.1 per cent to 646,000t. However, in the northeast a 4.9 per cent Yo... |
BBMG to sell 7 cement companies to Jidong Cement10 January 2019, Published under Cement NewsBBMG Corp has announced that it will sell the entire equity interests in seven cement companies to China’s Jidong Cement for a total consideration of CNY1.54bn (US$227.06m). BBMG and Jidong have also agreed to contribute CNY1bn to the registered capital of their joint venture, BBMG Jidong Cement (Tangshan) Co Ltd. According to a statement, the agreements are to resolve issues of competition between the two companies. |