Cement News tagged under: Weekly Newsletter
US March cement shipments rise 6% YoY27 May 2014, Published under Cement NewsTotal shipments of Portland and blended cement in the United States and Puerto Rico in March 2014 rose by nearly six per cent YoY to 6.1Mt, latest data from the USGS show. Shipments for the year through to the end of March were 15.7Mt, up by about three per cent from the same period of last year. The leading Portland cement-producing states in March were Texas, California, Missouri, Florida and Alabama in descending order. The leading consuming states (Texas, California, Florida, Georgia an... |
India Cements to merge with subsidiary27 May 2014, Published under Cement NewsIndia Cements is planning to merge with its subsidiary Trinetra Cement to consolidate its operations. N Srinivasan, vice chairman and managing director of India Cements, said the merger will bring the operations under one company. "We will get the benefit of profitability of Trinetra and improve the performance of India Cements," he said. Post-merger the total capacity of India Cements would go up to 15.8Mt. India Cement currently has a capacity of 15.5Mta from seven integrated plants i... |
Currency movements depress Cimpor profits22 May 2014, Published under Cement NewsCimpor has reported an adjusted first-quarter turnover 6.8 per cent lower at EUR592.5m and the EBITDA declined by 9.7 per cent to EUR133.1m. Measured in local currency, however, there was a profit growth rate of 15.3 per cent, but the euro strengthened considerably against most other currencies in which Cimpor trades. The trading profit (EBIT) was 8.8 per cent lower at EUR 89.8m. The net financial jumped from EUR28.9m to EUR 92.9m to give a pre-tax loss of EUR3.1m, compared with a profit o... |
AdBri forecasts flat demand and net profit22 May 2014, Published under Cement NewsAustralia-based producer, Adelaide Brighton, said it expects profit to be flat for this year and cement and clinker demand also to be similar to 2013. Chief executive, Martin Brydon, told shareholders at the company's annual general meeting in Adelaide that excluding certain items, both first half net profit and full year net profit in 2014 would be similar to those of 2013. "First half 2014 net profit after tax is expected to be similar to the same period in 2013, excluding a net restr... |
Eurocement inks US$500m Chinese supply deal21 May 2014, Published under Cement NewsRussian cement major Eurocement Group has signed a package of contracts with Chinese companies for equipment supply, engineering, installation supervision and employee training services, totalling over US$500m. The contracts were signed with units of China’s Sinoma, CNBM, and Sinomach. “The contracts signed 20 May 2014 imply a delivery of a complete set of equipment necessary for the construction of new production lines for the production of cement using the so-called dry method,” a press r... |
Vietnam exports rise 41% YoY21 May 2014, Published under Cement NewsVietnam exported 8.38Mt of cement and clinker worth US$355m in the first four months of this year, up 41 and 43 per cent in terms of volume and value, respectively, the General Department of Vietnam Customs said. The total included 6.2Mt of clinker and 2.2Mt of cement, the department said on its website Tuesday. In April, the country’s cement and clinker exports fell 4.4 and 5.3 per cent, respectively, from March to 2Mt worth US$84m, comprising 1.5Mt of clinker and 500,000t of cement. ... |
PPC: first-half cement sales edge higher20 May 2014, Published under Cement NewsPPC announced its group cement sales were two per cent higher for the first half of the year to the end of March 2014. Improvements in export sales and the consolidation of sales from its Rwanda operation and newly-acquired Safika Cement business were partly offset by declining sales volumes in South Africa and Botswana. Group revenue increased by nine per cent to ZAR4157m (2013: ZAR3812m) helped also by improving cement pricing and the favourable impact of the devaluation of the rand aga... |
Lafarge inaugurates 2Mta Russian plant20 May 2014, Published under Cement NewsLafarge has officially opened its 2Mta Kaluga cement plant in Russia with a ceremony attended by First Deputy Prime Minister, Igor Shuvalov. Located in Ferzikovo village, it is the first cement production facility in this region and is strategically located thanks to its proximity to Moscow. This plant will complement Lafarge’s presence in Russia where the group has been present for nearly 20 years. The ribbon-cutting ceremony was also attended, among other distinguished guests, by the K... |
Iran monthly production update19 May 2014, Published under Cement NewsIran produced 4.501Mt of cement in the first calendar month of the current Iranian calendar year (21 March 2014 - 20 April 2015), according to its Ministry of Industry, Mines and Trade reported that the country. Over 70 per cent of the total (some 3.234Mt) was supplied to the domestic market during the month, Iran's IRNA News Agency reported. Some 6.291Mt of clinker was also produced in Iran during the period. The country’s total exports were 1Mta. Iran's cement output amounted t... |
Brazilian monthly cement sales rise 4.9% YoY19 May 2014, Published under Cement NewsBrazilian cement sales in April 2014 climbed by 4.9 per cent YoY to 5.9Mt, preliminary data and market estimates gathered by Sindicato Nacional da Industria do Cimento (SNIC) reveal. During January - April 2014, sales totalled 22.8Mt, a 3.3 per cent rise compared to the first four months of last year. Accumulated cement sales for the 12 months between May 2013 - April 2014 reached 70.7Mt, expanding by three per cent compared to the same period of the previous year (May 2012 - April 2013). |