Cement News tagged under: Weekly Newsletter
Uruguay cement sales rise 3% in 3Q1705 February 2018, Published under Cement NewsUruguayan cement producers sold 203.100t of cement in 3Q17, representing a 3.4 per cent YoY. While 159,900t was sold in the domestic market, cement manufacturers shipped 43,600t for export. "Cement sales in Uruguay have a high orientation to the domestic market and there is a high correlation between cement sales in tonnes and construction activity," says a report from the Chamber of Industries (CIU). While detailing that the volume of sales of cement in the domestic market (measured... |
Dewan Cement to sell controlling shares of two plants01 February 2018, Published under Cement NewsDewan Cement Ltd is reportedly in talks with Karachi-based Mega Conglomerate Ltd to sell its controlling shares in two plants based in Dhabeji, Sindh and Hattar Industrial Estate, Khyber Pakhtunkhwa. The two facilities have a combined capacity of 2.89Mta. BMA Capital has been appointed as the manager of the deal, overseeing the acquisition of 87.5 per cent of total shares from Dewan Cement. While 75 per cent of the controlling shares will be from major shareholders, the remainder will b... |
Confidence Cement plans new Palash plant01 February 2018, Published under Cement NewsConfidence Cement Ltd (CCL) has informed Dhaka Stock Exchange (DSE) on 31 Janusary that its Board of Directors has decided to invest a second cement plant with a capacity of 5000tpd to be named as Confidence Cement Dhaka Ltd and will be located at Palash, Narshingdi, Dhaka. Confidence Cement will have 50 per cent shareholding in Confidence Cement Dhaka Ltd and rest by other investors. The Company has also informed that the Board of Directors have agreed to invest in the new Power Plan... |
Anhui Conch seeks finance for Ulyanovsk plant31 January 2018, Published under Cement NewsAnhui Conch Cement Company Ltd requires US$500m from financial institutions to bring its plan for a cement in Russia to fruition, according to Xu Yue, Anhui Conch's minister of equipment. Anhui Conch Cement signed an agreement with Ulyanovsk Oblast Development Group to develop the project together on 19 July 2016 and a joint venture was agreed in December 2016. Anhui Conch concluded that Ulyanovsk State's cement project was the best of a number of possible cement projects along the Federal... |
ECRA to test oxyfuel on industrial scale with two pilot projects30 January 2018, Published under Cement NewsBased on extensive research undertaken by the European Cement Research Academy (ECRA), oxyfuel technology will now be implemented in two cement plants in Europe. "The technical feasibility of oxyfuel technology can only be proven in real-scale application, but we have sufficient information from our research to believe that we will obtain a positive result after the trials," said Daniel Gauthier, chairman of ECRA. Over the past few months ECRA has examined the suitability of sites tha... |
Taiwan Cement plans to increase alternative fuel use29 January 2018, Published under Cement NewsTaiwan Cement Corp has announced plans to work with Beijing Orient Landscape & Environment Co Ltd to develop its involvement in the Chinese waste market, according to the Taipei Times. The company expects to work with waste management service provider Beijing Orient to bid on Chinese projects. Taiwan Cement is creating technologies which will enable it to use tyres, plastics and petrochemical wastes to replace coal. Presently, the company is able process 200tpd of hazardous waste at its pl... |
Qassim Cement sees 38% drop in profit29 January 2018, Published under Cement NewsSaudi Arabia’s Qassim reported a 26.5 per cent YoY fall in sales to SAR626m in 2017 from SAR852m. Net profit fell 37.8 per cent from SAR405.1m in 2016 to SAR251.8m one year later. Qassim Cement runs a single 4.4Mta plant with two kiln lines in Buraydah, central Saudi Arabia. The company had a 7.4 per cent market share in 2016, according to The Global Cement Report, 12th Edition. |
Jammu and Kashmir Cements’ Khrew plant shut due to coal shortage29 January 2018, Published under Cement NewsThe Khrew plant of Jammu and Kashmir Cements Ltd was shut for nine days as a result of a coal shortage. The shutdown occurred between 14-22 January and is reported to have cost the company at least INR60m (US$ 943,879) . Usually the cement producer stores 1.52Mt of coal, procured on advance payment from Kolkata. However, to meet exigencies and following losses, the company has now purchased coal from a private player at higher rates, reports the Daily Excelsior. According to sourc... |
Gabon sees 6% market contraction26 January 2018, Published under Cement NewsCement sales in Gabon reached 245,530t, a drop of 5.5 per cent YoY by the end of September 2017. The volume represents a revenue of XAF18.18bn (US$34.4m), down 9.9 per cent, according to the Ministry of Economy and Fiscal Policy. Output during this period stood at 250,058t, a decrease of 5.7 per cent following the stoppage of the Cimgabon plant and strong imports from China. However, the third quarter saw a robust increase in production when compared with the first half of the year after ... |
Devki Group plans to construct two plants in Kenya25 January 2018, Published under Cement NewsDevki Group plans to construct two new cement plants in Kenya, according to Construction Kenya. The first plant is expected to have a 0.75Mta capacity and be located on a 20ha plot in Mariakani, Kilifi County, while the second will have the same capacity and be situated in Njoro, Nakuru. Each of the two plants are expected to represent an investment of KES3bn (US$29.2m). The proposed facilities would help lower the price of cement and shorten the distance covered by delivery vehicles, acc... |