Cement News tagged under: Weekly Newsletter
Cement demand in Peru up 2.5% in November21 December 2017, Published under Cement NewsCement consumption in Peru totalled 0.902Mt in November, representing a 2.5 per cent YoY rise but a MoM drop of 2.5 per cent, according to Asocem, the country’s cement association. Output from Peru’s cement plants increased six per cent YoY but declined 3.3 per cent MoM to 0.892Mt in November 2017. Between January-November 2017, domestic dispatches reached 8.709Mt, representing a 1.1 per cent fall YoY. Imports advanced 11.7 per cent to 0.568Mt in the 11-month period. As a result, tot... |
New 1.5Mta cement plant for Timektane inaugurated18 December 2017, Published under Cement NewsAlgeria’s Prime Minister, Ahmed Ouyahia has inaugurated a new 1.5Mta cement plant in Timektane, 260km from Adrar. Further expansion of the DZD21bn (US$181m) works is planned in a second stage, which will take cement capacity to 3Mta. The project is a joint venture by STG Sidi Moussa, which owns a 71 per cent stake, and China Triumph International Engineering Co (CTIEC Beijing), which holds the balance of shares. Under a seven-year cooperation agreement, the venture’s Chinese partn... |
Lucky completes 1.3Mta expansion line in Karachi18 December 2017, Published under Cement NewsLucky Cement has informed the Pakistan Stock Exchange (PSX) on 18 December that construction and installation work for its 1.3Mta brownfield kiln line at its Karachi plant in Sindh province, Pakistan, has been successfully completed on time. A bourse filing of company says: "The new line was made operational with commencement of clinker production on 12 December 2017. With the addition of this new line in Karachi for 1.3Mt and certain efficiency improvements brought about recently in the... |
Holcim Argentina to invest US$120m in Malagueño18 December 2017, Published under Cement NewsHolcim Argentina has announced a US$120m investment to raise cement capacity at its Malagueño plant by 45 per cent. The expansion project includes the reconstruction of a complete clinker line and a new cement mill as well as the refurbishment of the dispatch lines. The implementation of the expansion is expected to start in early 2018. Some 0.73Mta of capacity will be operational by 2020. "It is a significant increase and will help alleviate some of the problems of backwardness ... |
LafargeHolcim plans PLN150m investment in Kujawy18 December 2017, Published under Cement NewsLafargeHolcim intends to invest PLN150m (US$42m) in alternative fuel-related projects in its Cementownia Kujawy cement works in Poland. The company will modify the clinker line to burn alternative fuels and improve product quality. The investment will also include the construction of new cement loading terminals and the launch of a fully-automated laboratory. |
GCC reports record 11M cement sales14 December 2017, Published under Cement NewsGrupo Cementos de Chihuahua SAB de CV (GCC) reports total cement sales volumes for the company reached almost 4Mt for the January-November period, a new record for the company. GCC's total cement sales volumes increased 18.2 per cent in the first 11 months of 2017, after strong cement sales in October and November in the USA. GCC's Chief Executive Officer, Enrique Escalante, said: "GCC reached record cement sales volumes as a result of strong demand and high level of backlog in our co... |
Loma Negra to invest US$350m in new L'Amali line14 December 2017, Published under Cement NewsInterCement-owned Loma Negra will invest US$350m in a brownfield expansion of its L'Amali plant in Olavarría, Buenos Aires province, Argentina, the company announced in a meeting with the President of Argentina, Mauricio Macri. The investment will boost the company's domestic capacity by 40 per cent. The new production line, which will add 2.7Mta of annual capacity, will consist of a new state-of-the-art kiln, two vertical roller mills to grind raw materials and cement as well as a compl... |
Cementos Argos, Cemex and Holcim fined COP200bn13 December 2017, Published under Cement NewsColombia has fined Cementos Argos, Cemex and Holcim over COP200bn (US$66m) for fixing prices, according to Reuters. The fine has been applied to the companies and some of its managers. In total, the companies represent 96 per cent of Colombia’s cement market and allegedly agreed to set prices between January 2010 and December 2012. Cement prices in this period increased 29.9 per cent whilst inflation was just 9.3 per cent. Holcim released a statement protesting the fine applied by the ... |
LafargeHolcim Sagunto to return to full operation13 December 2017, Published under Cement NewsLafargeHolcim’s Sagunto works in Spain will return to full operation for the first time since 2007. Following a year of uncertainty about the future of the cement plant due to issues in renewing its quarry licence, the news is particularly welcome to the staff of the 2.3Mta facility. Reasons cited for the step are two-fold. The economic recovery and resurgence of construction in Valencia and Castellón will enable the company to recover domestic margins following three years of exports and... |
Akranes cement plant to be demolished13 December 2017, Published under Cement NewsThe cement plant in Akranes, west Iceland, will be demolished, according to reports by the country’s broadcaster RÚV. The demolition crews moved in earlier this week and has received widespread support from the town’s 7000 residents, some of whom have been linked to the plant for generations. “Generally, everyone believes [the plant] should go. It has deteriorated and I think everyone is in favour of it,” says Alfreð Alfreðson, operations manager and whose father helped build the plant in... |