Cement News tagged under: international
New bulk cement terminal for Ciego de Ávila21 May 2018, Published under Cement NewsA distribution terminal for bulk cement is currently being constructed in Ciego de Ávila, Cuba. The terminal will help supply the area with 8000tpm of cement, needed for the social and economic development of Ávila. The new distribution point is located close to the railroad. Product will be unloaded to the current set of four silos, said Juan Carlos Gálvez Gálvez, the terminal’s director. Each terminal has a capacity of 320t. A fifth terminal is expected to be completed by the end of Ma... |
Geopolitics and tightening supply to impact oil prices in 2018-1918 May 2018, Published under Cement NewsGlobal oil supply and demand balances are expected to tighten over the next 18 months, driven by the continued collapse of Venezuelan output, according to Bank of America Merrill Lynch (BOAML). A collaboration between OPEC and Russia to set a floor on oil prices with a reduction of oil output cuts by these countries of 450,000bpd from 3Q18 to 4Q19 is also expected to play its part in squeezing availability. In addition, higher interest rates and a stronger US dollar are forecast provide near... |
Senegal cement production up 6% in 1Q1818 May 2018, Published under Cement NewsCement production in Senegal increased by 97,500t in the first quarter of 2018. Sococim and Ciments du Sahel produced 1.832Mt of cement, up 5.6 per cent when compared with the 1.734Mt manufactured in 1Q17. The figures do not include output at Dangote Sénégal’s 1.5Mta plant in Pout. Output in 1Q18 was driven by higher domestic sales, which advanced by 50.6 per cent to 1.279Mt from 0.848Mt in 1Q17. Exports fell 37.1 per cent to 564,900t from 898,200t in the year-ago period. |
The CMA calls on the government to lower tax on cement18 May 2018, Published under Cement NewsIndia's Cement Manufacturers' Association (CMA) has argued that cement should be brought under the lowest Goods and Services Tax (GST) slab. It currently attracts 28 per cent, the highest slab on a par with luxury goods in India. Speaking at the 14th Green Cementech 2018, the CMA claims that by lowering the GST, it will lower costs and aid cement demand. Philip Mathew, co-chairman of Green Cementech 2018 and chief manufacturing officer of ACC Ltd, said various cement manufacturers have... |
Gunmen kill Dangote Cement's country manager in Ethiopia17 May 2018, Published under Cement NewsDeep Kamara, Dangote Cement’s country manager in Ethiopia, was killed by gunmen on Wednesday while returning to Addis Ababa from the facility which he managed in the country, according to Reuters. Reports suggest that Mr Kamara’s secretary and driver were also shot in the incident which occurred in the unstable Oromiya region. "The company’s director died following an attack by unknown gunmen that took place while he was returning to Addis Ababa from the factory alongside two company emp... |
US and Puerto Rican cement markets contract in February16 May 2018, Published under Cement NewsTotal shipments of Portland and blended cement in the US and Puerto rico in February contracted by 3.6 per cent YoY to 5.8Mt, according to the US Geological Survey (USGS). The leading cement-consuming states – Texas, California, Florida, Georgia and Arizona – received about 50 per cent of total shipments. The leading producing states were California, Texas, Florida, Missouri and Alabama (in descending order). Masonry cement shipments declined by 6.5 per cent YoY to 169,000t in Februar... |
Peru's cement demand up 14% in April16 May 2018, Published under Cement NewsPeru’s cement market expanded by 13.5 per cent YoY in April 2018 as cement deliveries reached 0.817Mt, according to the latest data from the country’s cement association, Asocem. When compared with the previous month when 0.816Mt was dispatched, a more stable picture emerges. Deliveries by domestic producers rose by 8.6 per cent YoY in April 2018 as they reached 0.759Mt. However, when compared with the previous month, such dispatches slipped one per cent from 0.767Mt. Domestic supply w... |
Spanish cement demand growth decelerates15 May 2018, Published under Cement NewsCement demand in Spain saw its growth slow to 7.6 per cent in March 2018, when compared with the previous month, according Oficemen’s Cement Demand Index (IDC). For the rolling year, from April 2017 to March 2018, consumption rose to 12.4Mt, an increase of 0.9Mt when compared with the same period in the previous year. While the latest market expansion represents 13 months of growth, the March data point to a strong deceleration of growth. Oficemen has attributed this slowdown to the effe... |
LafargeHolcim replaces 17km-long conveyor15 May 2018, Published under Cement NewsLafargeHolcim Bangladesh Ltd has completed the replacement of its 17km-long conveyor belt in an effort to reduce noise emissions. The belt was originally installed in 2004 and connects its limestone mine in India to its plant in Surma, Bangladesh. The replacement project was completed in two phases and finished on 18 April, according to Harpal Singh, project head of operations at the Surma plant. "We have finished the replacement work one day ahead of the schedule," said Mr Singh. ... |
Ugandan cement producers struggle to participate in SGR project14 May 2018, Published under Cement NewsLocal cement producers will have to change their products to supply the new Standard Gauge Railway (SGR) project in Uganda. The SGR project is a mega railway transportation network that will be constructed by Chinese firm, China Harbour Engineering Company. "The cement we have is not cement meant for the railway, we benchmarked from Kenya and found that Bamburi plant in Mombasa had changed its manufacturing configuration to meet these [SGR] standards," said SGR project coordinator, Kasingy... |