Cement News tagged under: Weekly Newsletter
Peru: cement dispatches edge ahead18 June 2014, Published under Cement NewsBetween January and May 2014, Peru’s cement market expanded by 0.51 per cent YoY to 4,129,906t, according to the latest figures from the domestic cement association, Asocem. Production rose by 0.95 per cent YoY to 4,231,221t in the first five months of the year, from 4,191,295Mt in the same period a year ago. Exports jumped from 81,356t to 95,716t, up 17.65 per cent during Jan-May. |
Huaxin acquires stake in Cambodian plant18 June 2014, Published under Cement NewsChina's Huaxin Cement Co Ltd has bought a 40 per cent stake in Cement Chakrey Ting Factory Co Ltd of Cambodia. The US$24m investment was announced on 17 June, according to a recent company announcement. After the investment, the Cambodia cement producer's registered capital grew to US$60m from US$32m. The Hubei province-based cement manufacturer says the acquisition in Cambodia is the company's second overseas investment after establishing a subsidiary in Tajikistan in 2011. |
Asia Cement targets increased market share17 June 2014, Published under Cement NewsAsia Cement Corp said it plans to boost its market share in the provinces of Hubei, Jiangxi, Sichuan and Jiangsu, the company disclosed at its annual shareholders’ meeting. Through mergers and acquisitions, it aims to increase market share to above 30 per cent in five major Chinese cities: Wuhan, Nanchang, Jiujiang, Chengdu and Yangzhou. The Taiwanese producer is looking to acquire factories in Wuhan that can produce 568,000tpa of cement and plants in Nanchang with a capacity of 240,000tpa... |
Semen Indonesia to fund Thang Long expansion16 June 2014, Published under Cement NewsState-run cement producer Semen Indonesia is planning to spend US$300m to establish a new plant in Vietnam as part of its business expansion in southeast Asia. The new facility will be in the south of the country, near the company’s limestone mine. Semen Indonesia's president director, Dwi Soetjipto, said Semen Indonesia hopes to expand the production capacity of TLCC, its Vietnamese subsidiary, by establishing a new 1.5Mta plant. He added that plant construction would start early next yea... |
Vietnam sees cement demand pick up13 June 2014, Published under Cement NewsThe Vietnam National Cement Association (Vicem) says domestic cement consumption in the first five months of 2014 reached 20.42Mt, up 9.3 per cent on the same period last year. In the last month alone, cement consumption in the country was estimated at 4.87Mt, increasing 12 per cent against May 2013. The association chairman, Nguyen Quang Cung, predicted that domestic cement consumption this year would reach 50Mt, which would be equal to the 2010 volume, the highest level so far. Vietnam ... |
Recovery in Indonesian monthly cement sales growth12 June 2014, Published under Cement NewsIndonesian cement sales growth picked up pace during May following a slowdown during the month before on the back of legislative elections. Last month cement sales advanced by 7.7 per cent to 5.2Mt, latest data from the Indonesia Cement Association shows. This follows just a 0.4 per cent increase in April before as elections led to projects being put on hold. Cement sales in May increased in most regions with the exception of Maluku, Papua (-4.7 per cent YoY) and Nusa Tenggara (-13 per ... |
Cemex Mexico recognised for its environmental strategy10 June 2014, Published under Cement NewsCemex Mexico has been recognised for its achievements in the reduction of greenhouse gas (GHG) emissions and use of alternative fuels in its operations by the Ministry of Environment and Natural Resources of Mexico (SEMARNAT) and the government of the Mexican state of Nuevo Leon. As part of the Greenhouse Gas Effect Program in Mexico (Programa GEI México), SEMARNAT granted Cemex Mexico the GEI-2 award for its progress in the management of GHG emissions and compliance with a verified invento... |
PPC Zimbabwe sales fall 5%10 June 2014, Published under Cement NewsPPC Zimbabwe's domestic sales fell by five per cent in the first five months of the year as housebuilding activity slows. Managing director, Njombo Lekula, said domestic market sales have been flat compared to last year when growth in housing projects boosted demand for cement. "For the past few years there has been significant growth in housing, which boosted cement demand, however, the current economic situation is beginning to have an impact on home building activities," he said. ... |
Holcim US to increase capacity at Ada works, USA09 June 2014, Published under Cement NewsHolcim US Inc is planning to invest US$100m to modernise its Ada cement works which will see an increase in capacity at the Oklahoma-based plant. Robin DeCarlo, vice president of Holcim corporate communications, told local newspaper Ada News that is has submitted an application for a permit to the Oklahoma Department of Environmental Quality earlier this week and expects to begin upgrading its facilities in Ada between October and December 2014. DeCarlo said the company will release more... |
Carolinas Cement plans US$5m packaging facility09 June 2014, Published under Cement NewsCarolinas Cement Company, part of the Titan America group, announced Friday it has submitted an application with New Hanover County to build a permit to construct a US$5m packaging facility. The new unit would add to an existing storage and handling terminal owned and operated by Roanoke Cement Company, another subsidiary of Titan, on the site of the former Ideal cement plant in Castle Hayne, where Titan is planning to build a new cement plant. The proposed Castle Hayne cement plant, w... |