Cement News tagged under: international
Nepal's operational capacity enough to meet demand for 10 years01 April 2019, Published under Cement NewsNepalese cement manufacturers are reportedly discouraging fresh investment into new domestic production capacity, as supply is now more than adequate to meet demand. "Cement produced by the industries currently in operation is adequate to meet the demand for the next 10 years," said Dhruba Raj Thapa, president of the Cement Manufacturers' Association of Nepal (CMAN), in an interview with Nepal Republica. "If investment continues to pour in this sector, all industries have to lower their c... |
US market improves in the 11M1829 March 2019, Published under Cement NewsTotal Portland and blended cement deliveries in the USA and Puerto Rico fell by 5.3 per cent YoY to 7.78Mt in November 2018, according to data by the US Geological Survey (USGS). Texas, California, Florida, Ohio and Illinois were the leading cement-consuming states, receiving 41 per cent of the shipments for the month. Meanwhile, Texas, California, Missouri, Florida and Alabama were the leading states in terms of production. Total clinker output (excluding Puerto Rico) declined 5.4 per cen... |
IME Group plans new NPR10bn plant in Nepal29 March 2019, Published under Cement NewsIME Group, a Nepal-based business conglomerate, has announced plans to invest NPR10bn (US$89.89m) for a cement plant in Chormara, Nawalparasi. "We decided to venture into the cement industry after forecasting the increasing demand for cement in the future," said Chandra Dhakal, chairman. "The demand for cement will exponentially rise in the coming years as the local governments will be focusing on infrastructure development." As such, the company has already acquired around 10.5ha of l... |
India sees rise in volumes for FY18-1929 March 2019, Published under Cement NewsIndia's cement industry saw a 13.6 per cent YoY increase in volume to 275.7Mt in the first 10-months of FY18-19, driven largely by rural and affordable housing, according to a report by ICRA. The growth was almost double the seven per cent forecast, however ICRA has stated that the increase is unlikely to translate into profit growth or improved margins due to the lack of any significant price increase and cost pressures placed on producers. At the pan-India level, prices in most markets w... |
New limestone discovery in Zambia attracts cement plant interest29 March 2019, Published under Cement NewsThe recent discovery of limestone in Nyimba district, Zambia, is anticipated to attract cement plant investors to the mineral resource-rich district, Eastern Province regional mining survey officer Brian Nyambe has said. An investor has since expressed interest to set up a cement plant in the district. Zambia currently has four integrated and one grinding plant, with a total cement capacity of approximately 3.6Mta. |
PCA Spring Forecast 2019: US cement consumption growth of 2.3%28 March 2019, Published under Cement NewsThe Portland Cement Association (PCA) has released its annual Spring Forecast, which envisions strong to moderate growth for cement consumption through 2019 and into 2020. PCA Market Intelligence expects cement consumption to grow by 2.3 per cent in 2019 compared to the forecast a year ago, this represents a marginal slowing in the pace of growth. "While there are several phenomenon that confront the economy in the next two years, PCA believes the economy is strong," said Ed Sullivan, PC... |
Vietnam cement producers see 8% rise in February output28 March 2019, Published under Cement NewsCement production in Vietnam in February 2019 reached 5.093Mt in February, up eight per cent when compared with February 2018 but down 29.7 per cent from 7.247Mt in January 2019, according the Vietnam National Cement Association (VNCA). Of this total, domestic deliveries by Vietnamese cement producers reached 2.751Mt, including 0.934Mt supplied by VICEM, an additional 0.657Mt by its associated companies and 1.16Mt by other Vietnamese producers. Total exports increased six per cent YoY to... |
Ethiopia launches new 2.25Mta cement plant28 March 2019, Published under Cement NewsAbay Cement has officially launched the construction of its plant in Dejen district of the Amhara region. The construction of the plant will cost ETB8.8bn (US$306m). Dr Ambachew Mekonnen, president of the Amhara regional state, as well as other government officials were present during the launching ceremony. The construction of the plant, which is estimated to take two years to complete and four more months to complete, will have a production capacity of 2.25Mta of cement. Abay Cement is e... |
Fire breaks out at Dragon Products' Thomaston plant28 March 2019, Published under Cement NewsUS-based Dragon Products Co has incurred damage to its plant in Thomaston, Maine, after a major fire broke out on Tuesday. According to Thomaston Fire Chief, Mikial Mazzeo, a mechanical failure in a building that pumps number 2 fuel to another area caused an oil leak. "The oil found an ignition source, ignited and came all the way back to the floor where the leak originated, and spread throughout the rest of the building," said Mr Mazzeo. After two hours, the fire was extinguished just bef... |
Vietnamese cement sales increase 4% in 1Q1927 March 2019, Published under Cement NewsVietnamese cement sales are estimated to have reached 23.08Mt in the 1Q19, an increase of four per cent YoY, according to the latest data released by the Vietnam Building Materials Association. This includes 14.5Mt sold in the domestic market and 8.58Mt of exports. In March alone the country is expected to record a 3.5 per cent YoY increase in sales to 9.45Mt of cement. Around 3.4Mt of this was exported, down two per cent YoY. Meanwhile, 2.7Mt of the total was sold by VICEM. According to ... |