Cement News tagged under: international
New plant project for Uzbekistan20 November 2018, Published under Cement NewsThe foundation of a new cement plant has been laid in Kattakurgan district of Samarkand region, Uzbekistan. The two-stage project is expected to create 2.4Mta of capacity at an investment of US$420m. It has been planned in cooperation with Chinese investors, according to Uzbekistan National News. The first stage, taking place over the 2018-20 period, will realise 1.2Mta of capacity at a cost of US$220m. The second stage is expected to be implemented in 2020-23. |
Mozambican producers must now include expiry on packaging20 November 2018, Published under Cement NewsCement producers, both domestic and foreign, must now put an expiry date on products sold in Mozambique. Virginia Muianga, spokesperson for the National Inspectorate of Economic Activities (INAE), announced that the decision was the result of work undertaken on the production, labelling, sale and transport of cement. "From the work done on the ground, we found that essential elements were not clear – such as the expiry date and the quality of the cement", said Ms Muianga. "We are obliging... |
ABAD calls for Pakistan's government to support construction in Karachi20 November 2018, Published under Cement NewsThe Association of Builders and Developers of Pakistan (ABAD), one of the main cement consumers in the country has called on Prime Minister Imran Khan, Federal Finance Minister Asad Umar and Syed Murad Ali Shah, the chief minister of Sindh to save the construction industry from crisis. In an appeal, the association has pointed out that the construction industry has been suffering due to the ban on the construction of high-rise building in Karachi. That has caused financial losses to the me... |
The WRA promoted courage and vision at its General Assembly and Conference20 November 2018, Published under Cement NewsThe World Refractories Association's General Assembly and Conference on Innovation in Beijing was held on 15-16 November 2018, in Beijing, China. The World Refractories Association (WRA) met representatives of the member companies and invited top-class experts to discuss the future of the refractories industry. The President of the WRA, RHI Magnesita CEO Stefan Borgas, stated at the beginning of the General Assembly: "It is our task to push the World Refractory Association forward. The ... |
WCA opens Beijing and President's office19 November 2018, Published under Cement NewsThe World Cement Association (WCA) has announced the opening of its World Cement Association Beijing and President's office. The facility will be an addition to the association's headquarters in London and will be located at the building of China National Building Material Group (CNBM). "We are delighted to further expand our presence in China by opening our World Cement Association Beijing and President’s office," said Norman Greig, Secretary General of the World Cement Association. "As t... |
Colombian cement demand stable in September16 November 2018, Published under Cement NewsCement dispatches in September 2018 increased by 0.8 per cent YoY to 1.031Mt from 1.023Mt, according to DANE, the country’s statistics office. Demand growth was led by Córdoba, where it rose by 18.3 per cent YoY, followed by Meta (+16.1 per cent) and Nariño (+12.8 per cent). Cesar and Risaralda saw consumption rise by around 5.8 per cent while Boyacá noted a 4.6 per cent increase. Antioquia also saw dispatches up, by 3.4 per cent while in Valle del Cauca and Bolivar the market expanded by ... |
New levy to increase input costs for Australian manufacturers16 November 2018, Published under Cement NewsAustralian manufacturers and industry groups have warned that a new "biosecurity levy" would increase costs by 3000-5000 per cent on the key inputs for cement production, aluminium and steel. The levy, included in the May budget, is estimated to raise AUD108m (US$78.45m) a year, according to The Australian. Due to start on 1 July 2019, it will see manufacturers pay a AUD1/t levy on non-containerised cargo, instead of paying a fee-for-service for biosecurity inspections. "Currently manufac... |
Kazakh producer increases cement exports to Uzbekistan16 November 2018, Published under Cement NewsKazakhstan-based cement producer, SAS-Tobe Technologies, has increased its exports to Uzbekistan. As the first Kazakh manufacturer accredited by the Uzbek Commodity and Raw Materials Exchange, it has sold 1500t of cement through the exchange in two months. The company plans to export more than 50 per cent of its products, about 0.25Mta, to Uzbekistan, according to Business World. |
New plant considered for Montenegro15 November 2018, Published under Cement NewsA meeting of Montenegro’s Chamber of Commerce considered the construction of a new cement plant in Pljevlja, which would use the municipality's natural resources. Vlastimir Golubovic, president, noted that the country imported cement to the value of EUR39m in the 9M18, with product worth EUR41.14m imported in 2017. Mr Golubovic also stated that the country's Strategy for the Development of Civil Engineering foresees the building of cement capacity by 2020, in line with environmental standa... |
Pakistani cement firms downgraded from MSCI EM Index15 November 2018, Published under Cement NewsPakistan stock markets may see a repercussion of the MSCI Semi Annual Index Review in the short term. According to market sources, in its November 2018 Semi Annual Review, MSCI has downgraded United Bank (UBL) and Lucky Cement (LUCK) from Standard classification to Small Cap classification. Similarly, Maple Leaf (MCF) and Honda Atlas (HCAR) have been deleted from the Small Cap indexes. These changes will be effective on Monday, 3 December 2018 and will likely lead to passive foreign outfl... |