Cement News tagged under: Weekly Newsletter
Bestway boosted by Pakcem contribution14 January 2016, Published under Cement NewsBestway Group of the UK, parent company of Pakistan's largest cement producer, announced that its consolidated turnover for the year ending 30 June 2015 increased by 20 per cent to GBP3.06bn from GBP2.55bn in 2014. Profit before tax for the year ended 30 June 2015 was up 39.9 per cent to GBP373.8m from GBP267.1m in 2014. All group businesses continued to be profitable, the group noted. Commenting on the results, group chief executive, Zameer Choudrey, CBE, said: “The past financial year has... |
Algeria: GICA breaks production record in 201514 January 2016, Published under Cement NewsGroups industrial des cements d’Algérie (GICA) broke its production record in 2015 when it manufactured 12,143,557t of cement, up five per cent when compared with its output of 11,55,280t in 2014. The volumes produced by the group’s 12 cement plants were “all sold in the domestic market, thereby honouring all orders and requirements expressed by the construction market,” said GICA. In the first 10 days of 2016, the group has produced 269,128t and sold 241,248t or 90 per cent of its ou... |
Indonesia cement sales rise 1.8 per cent in 201513 January 2016, Published under Cement NewsCement sales in Indonesia rose by 1.8 per cent to 61Mt in 2015 thanks to the latest surge of government infrastructure projects in the latter half of the year, thet Indonesia Cement Association (ASI) said on Tuesday. "We closed [2015] in a positive way," ASI chairman, Widodo Santoso, told the Jakarta Globe. Cement producers are now targeting between 4-6 per cent growth this year counting on government infrastructure projects, Widodo added. |
HeidelbergCement starts new CI programme12 January 2016, Published under Cement NewsHeidelbergCement has started its Aggregates-CI programme (Continuous Improvement) to continuously optimise the operational and commercial working processes in the area of aggregates (sand, gravel and crushed rock). The new programme follows the margin improvement programme CLIMB Commercial that successfully concluded at the end of 2015. Aggregates-CI will be implemented at all of the more than 500 production sites worldwide. The process enhancements shall lead to sustainable result improveme... |
Argentina’s demand rises 3.6% YoY in December11 January 2016, Published under Cement NewsIn December 2015 Argentina’s cement producers dispatched 937,907t of cement, including exports, which represents a fall of 5.9 per cent MoM but a 3.6 per cent increase YoY, according to provisional figures published by AFCP, the country’s cement association. The Argentinian cement market contracted 6.3 per cent MoM but expanded 4.6 per cent YoY in the last month of 2015 as 933,160t were sold. Exports fell from 13,156t in December 2014 to 4803t one year later. In November 2015 overseas... |
CRH confirms total disposal proceeds of EUR1bn for 201508 January 2016, Published under Cement NewsCRH plc confirmed today total disposal proceeds of approximately EUR1bn in 2015. This comprises the previously announced sale of its clay and concrete products operations in the UK and the Group’s clay business in the US (EUR0.43bn) plus several additional divestments across Europe and the Americas for total proceeds of around EUR0.53bn. During 2015 the group also completed 20 bolt-on acquisition and investment transactions. These deals, together with the acquisition of assets from Lafarge... |
Indonesia 2016 sales forecast to accelerate07 January 2016, Published under Cement NewsThe Indonesia Cement Association expects cement sales to rise by almost five per cent this year to 64.5Mt from an estimated 61.5Mt in 2015, driven by a push for government-led infrastructure development across the country. In 1H15 the Indonesian government failed to spend a significant portion of the allocated budgets due to budgetary and organisational reforms. After the disappointing start, an increasing number of government-led infrastructure projects took off in the second half of the ... |
Hope updates on UK development plans07 January 2016, Published under Cement NewsOn the anniversary of its third year in business, Hope Construction Materials has announced advanced plans to open new depots – and extend existing sites – in the southeast of England. Use of the railway network features heavily in Hope’s plans, with four of the five sites able to receive raw materials (aggregates and cement) by rail. This follows the success of Hope’s new rail-linked cement, aggregates and concrete depot at Walsall in 2015. Details of the la... |
Germany's environmental advances07 January 2016, Published under Cement NewsThe recently-published "Environmental data of the German Cement Industry 2014" highlights efforts made by the German cement industry to make production as resource-efficient as possible and to further reduce emissions. "Particular mention should be made of the fact that the producers are doing a lot to preserve natural resources through the increased use of alternative raw materials and fuels," notes Martin Schneider, general manager of the German Cement Works Association (VDZ). CO2 r... |
Pakistan July-November export volumes down06 January 2016, Published under Cement NewsPakistan exports fell to 2.63Mt in the first five months of the current fiscal, down 32.62 per cent YoY, official government data reveals. In terms of revenue, exports declined 35.79 per cent during the July-November 2015 period to US$147.55m. On positive note, in November 2015 alone, Pakistan exported cement 569,620t at US$30.122m compared to 534,889t at $29.72m, translating to a MoM rise of 6.49 and 1.33 per cent in quantity and dollar value, respectively. However, compared with Novembe... |