Cement News tagged under: international
Growth of Indian cement sector slows in March02 May 2018, Published under Cement NewsThe growth of Indian cement output has slowed in March to 13 per cent, compared to 23 per cent of the previous month. However, the cement sector was one of the principal performers throughout FY18, according to Aditi Nayar, principal economist at ICRA. "Cement output expanded by a five-year high [of] 6.3 per cent in FY18, marking a turnaround relative to the contraction of 1.2 per cent in FY17. Moreover, cement was the fastest growing of the eight core sectors in FY18. Increased budgetary... |
UltraTech moves closer to plant operation02 May 2018, Published under Cement NewsIndia-based UltraTech Cement has moved closer to commencing operations at its plant in Sonbhadra, Uttar Pradesh. The facility, initially owned by JP Associates (JPA), can only begin operations once certain environmental conditions are met. In line with a state cabinet decision, UltraTech can start production once JPA pays a penalty for mining on forested land. JPA will need to purchase an equal quantity of land and maintain a plantation on it for 10 years, according to The Times of India.... |
Colombia's cement market contracts 10% in March01 May 2018, Published under Cement NewsCement deliveries in the Colombian cement market fell 9.9 per cent YoY to 976,300t in March, according to the country’s national statistics office, DANE. Around 68 per cent, or 668,700t of this total was supplied as bagged cement with a further 307,600t as bulk product. Deliveries to the country’s largest market, Bogotá, declined by 9.9 per cent while the key markets of Antioquia and Cundinamarca also reported significant decreases of 10.4 and 17 per cent, respectively. Further drops were... |
Russian cement companies delivered 4.43Mt of cement by rail01 May 2018, Published under Cement NewsIn the first quarter of 2018, Russian cement companies supplied 4.43Mt of cement to their customers by rail. EuroCement Group accounted for a 34.5 per cent share of this total, down from 37.5 per cent the previous year, according to Esmerk Russian News. The top five suppliers by rail transport are Novoroscement with 405,950t (+18.3 per cent), South Ural Mining And Processing Company with 348,500t (+35.4 per cent), Mordovcement with 338,250t (-25.8 per cent), Sukholozhskcement with 295,2... |
Tender for Jabal Saraj Cement to be re-issued30 April 2018, Published under Cement NewsMinistry of Mines and Petroleum (MoMP) in Afghanistan said they will re-issue a tender for the construction of the Jabal Saraj cement factory. MoMP officials said the cement plant project had been put out to tender in the past and that an Afghan company had looked set to win the contract. However, the High Economic Council decided to reissue the tender to find a more qualified company. According to MoMP officials, once built, the factory should be able to produce up to 1Mta of cement an... |
Pakistan releases survey with cement sector update27 April 2018, Published under Cement NewsThe Pakistan Economic Survey 2017-18 was released on 26 April by Dr Miftah Ismail, adviser to the Prime Minister on Finance, Revenue and Economic Affairs. The report provides a detailed overview of Pakistan's economic performance during the year. According to the survey, the cement sector in Pakistan comprises 20 companies, with total listed capital of PKR72.618bn (US$518.7m) and the market capitalisation of PKR610.576bn (US$436m). The recent growth in domestic cement demand has been c... |
Sinoma to build 5000tpd Salavat plant26 April 2018, Published under Cement NewsA cement plant worth almost RUB12bn (US$194m) will be built in the Russian Republic of Bashkiria, RBC news agency reported on Tuesday. The clinker capacity of the plant will be 5000tpd. Prominvest, a company specialising in the production of cement, acts as an investor of the project, which has become one of the priority projects in the Salavat region. Following the visit of the Bashkir delegation to China, an agreement was reached on the participation of Sinoma Group for the new plant.... |
CIROM: Romanian cement market growth muted at 2%24 April 2018, Published under Cement NewsRomania’s cement association, CIROM, expects the country’s cement market to show only modest growth in 2018. "We are not very optimistic about the cement market in 2018. We estimate an increase of about two per cent, because the non-residential works are few and the infrastructure, if some of the work is done is good," says Mihai Rohan, president of CIROM. In 2017 Romania’s cement demand expanded by 6.6 per cent to 8.4Mt. The country has seven cement plants, operated by Holcim, Heidelb... |
Colombia: SIC confirms cartelisation sanctions24 April 2018, Published under Cement NewsThe Colombian Superintendent of Industry and Commerce (SIC) has ratified sanctions imposed in December on Argos, Holcim Colombia and Cemex Colombia, for price cartelisation between 2010-12. The three cement producers have been fined a combined COP201,616m (US$71.7m). Cementos Argos will have to pay a fine of COP73,771m, the same sum already paid by Cemex at the start of this year. Holcim’s fine amounts to COP54,074m. Following an indication that they will pay the fine in the next few d... |
Cemex: Mexican cement market to grow 3% in 201824 April 2018, Published under Cement NewsMexico’s cement market is forecast to grow by 2-3 per cent, according to Cemex CEO, Fernando González. While construction of housing is expected to advance only modestly, the commercial and industrial building segments are envisaged to show sufficient growth. Infrastructure will also account for 25 per cent of cement offtake. “I wish we could do much more in infrastructure. I think that what is possible is usually invested as a function of the government programs and the works are pro... |