Cement News tagged under: Weekly Newsletter
Global cement industry gathers at Cemtech Europe 201816 October 2018, Published under Cement NewsMore than 200 delegates of the global cement industry gathered for Cemtech Europe 2018, which is being held at the Conrad Istanbul Bosphorus, Turkey, from 14-17 October. International Cement Review's Managing Director, Thomas Armstrong, inaugurated the conference by noting the declining worldwide utilisation rate for cement capacity. Mr Armstrong observed how new technologies are expected to pave the way forward, with this particularly represented on the programme by successful process op... |
Unacem buys Cementos Portland for US$28m15 October 2018, Published under Cement NewsPeru-based Unacem has acquired Cementos Portland for US$28m from Cementos Bío Bío and Votorantim. Unacem, which operates 8.3Mta of production capacity at two plants at Atocongo and Condorcocha, informed the Superintendency of the Stock Market (SMV) that on 10 October, it had carried out "a transfer of 100 per cent of the shares representing the capital stock of Cementos Portland for the total price of US$28,095,802". |
Egypt's National Cement Co to be liquidated15 October 2018, Published under Cement NewsThe Egyptian government has decided to liquidate National Cement Co due to continued financial losses and debt accumulation, according to Ahramonline. Total accumulated financial obligations had reached over EGP4bn (US$223m), including EGP3.3bn owed to Egyptian Natural Gas Holding Co and EGP600m to the Egyptian Electricity Co. Established in 1956, the company was the only public sector cement producer. Its general assembly agreed during a meeting last week on the liquidation and proced... |
Oficemen downgrades growth forecast11 October 2018, Published under Cement NewsCement producers have reduced their growth forecast for 2018 from 12 per cent to seven per cent, according to Oficemen, Spain’s cement association. They attribute the lower growth rate to the economic slowdown and “paralysis” that governs the execution of public work. The extra demand generated by new housing is unable to offset the lower civil works activity, which accounts for the majority of cement consumption, according to the association. The construction of flats now accounts for 28 ... |
Cementos Bío Bío sells Peruvian subsidiary11 October 2018, Published under Cement NewsChile’s Cementos Bío Bío has sold its Peruvian subsidiary, Cementos Portland, in a transaction valued close to US$14m, according to La Tercera. The departure means that it will no longer be participating in a project with Brazil’s Votorantim Cimentos to construct a plant in Lima, which has reportedly faced a number of difficulties concerning market rivals. A further two projects that the company had planned in Peru, one concerning cement and the other lime, will remain unfulfilled after th... |
Oman Cement Co to use waste tyres as AF11 October 2018, Published under Cement NewsAn agreement between Oman Cement Co (OCC) and Oman Environmental Services Holding Co Be’ah will see the cement producer include waste tyres in its fuel mix. The Memorandum of Understand (MoU), signed by Be’Ah CEO, Eng Tariq Ali Am Amri, and OCC CEO, Eng Salim Abdulllah Al Hajri, formalises the scope of cooperation between the two companies. It is estimated that around 45,000tpa of waste tyres are generated in the sultanate. Due to urbanisation and an increasing population, this figure is e... |
July cement shipments advance 9% in USA and Puerto Rico10 October 2018, Published under Cement NewsTotal shipments of Portland and blended cement in the USA and Puerto Rico in July increased by 9.4 per cent YoY to 9.3Mt, according to the US Geological Survey (USGS). Deliveries for the first seven months of 2017 rose by 3.8 per cent to 55.2Mt. The leading consuming states for Portland and blended cement in July 2018 were Texas, California, Florida, Ohio and Illinois, which received around 37 per cent of total supply. The leading producing states were Texas, Missouri, California, Florida... |
APCMA reports cement dispatches bounce back in September10 October 2018, Published under Cement NewsThe All Pakistan Cement Manufacturer Association (APCMA) reports that domestic cement dispatch for September 2018 bounced back after two months of lacklustre growth, registering a double-digit increase compared with the same month of last year. The Pakistan cement industry dispatched 3.806Mt of cement in September 2018 against 3.201Mt in same month last year, a growth of 18.9 per cent YoY. Northern region dispatches were 2.45Mt, an increase of 3.5 per cent against 2.369Mt in September... |
Hoffmann Green Cement Technologies develops low metakaolin-based cement09 October 2018, Published under Cement NewsHoffmann Green Cement Technologies (HGCT) is completing the construction of a 50,000t pilot plant in Bournezeau, Vendée, France. The new works will produce cement using flashed metakaolin, reducing CO 2 emissions to 200-250kg/t produced, according to the company. "We use flashed metakaolin, clay flashed at 750˚C for five seconds, the clay is rendered in a metastable state, between the raw state and the burnt state. This clay powder is then activated. We also worked on clay powder, gypsum... |
Argentina’s cement demand falls 11% in September04 October 2018, Published under Cement NewsThe Argentine cement market contracted by 10.6 per cent YoY in September 2018 to 1.012Mt from 1.132Mt in September 2017, according to provisional data by AFCP, the country’s cement association. The figure includes 1.01Mt of deliveries by domestic producers, down 9.5 per cent YoY, and 1970t of imports, a significant drop from 10,122t in September 2017. Argentine producers supplied 1.016Mt of cement to the market in September 2018, representing a YoY decrease of 9.9 per cent. Of this total... |