Cement News tagged under: international
New plant to become operational in Cambodia12 March 2018, Published under Cement NewsA new 1.7Mta cement plant is expected to come online on Friday in Battambang province, according to Cambodian Mines and Energy Minister, Suy Sem. While the factory's name remains undisclosed, the only upcoming project with that capacity is the joint venture between China-based Conch International Holdings (HK) Ltd and Battambang KT Cement Co Ltd. Construction of the works began in October 2016 on 100ha of land in Rattanak Mondul district, and represents an investment of approximately US$2... |
BJP government to conduct vigilance probe into land transfer09 March 2018, Published under Cement NewsThe Bharatiya Janata Party (BJP) government in Haryana, India, has decided to conduct a vigilance probe into the transfer of approximately 122 acres of land from Associated Cement Companies’ (ACC) Bhupendra factory to a Mumbai-based builder, reports The Times of India. Latika Sharma, MLA, Kalka (BJP), has stated that, as per the lease deed of the factory, the land could only be used for industrial purposes, but during the tenure of the previous government it was transferred to a builder... |
US cement shipments reach 6.3Mt in December08 March 2018, Published under Cement NewsTotal shipments of Portland and blended cement in the USA and Puerto Rico grew by 3.5 per cent YoY to 6.3Mt in December 2017, according to the US Geological Survey (USGS). The largest state markets in the country were Texas, California, Florida, Georgia and New York (in descending order), which accounted for 43 per cent of total US shipments. The leading producing states for Portland and blended cement were California, Texas, Missouri, Florida and Alabama in descending order. In th... |
Pakistan's capacity utilisation stands 91%07 March 2018, Published under Cement NewsThe All Pakistan Cement Manufacturers Association (APCMA) reports that the domestic cement industry's capacity utilisation in the first eight months of this fiscal year ( July 2017-Feb 2018) stood at 91 per cent of the total installed capacity of the sector. In 8MFY17-18 the country's cement industry dispatched 31Mt of cement compared with dispatches of 26.3Mt in the corresponding period of last year, an increase of almost 18 per cent. In February 2018 alone, the total cement dispat... |
Argentina's cement market expands 16% in February06 March 2018, Published under Cement NewsArgentine cement consumption increased 15.6 per cent YoY in February 2018, according to the country’s cement association, AFCP. Total volumes sold on the domestic market rose to 924,075t, up from 799,340t in February 2017 but down 11.5 per cent when compared with January 2018, when sales reached 1,043,732t. Around 908,503t of total domestic consumption was delivered by the country’s producers, up 14.3 per cent YoY, while imports more than doubled from 4210t in February 2017 to 15,572t... |
Nepal heads towards self-sufficiency in cement production06 March 2018, Published under Cement NewsNepal is seeing growing demand for cement in the country, as post-earthquake reconstruction work and construction of public and private infrastructure projects have started gathering pace. Jagadamba Cement, which has a production unit in Lumbini Corridor, is setting up another production plant in the eastern part of Bhairahawa. The new plant, according to the company, will produce 1500tpd of cement. "We are expanding the production capacity considering the growing demand for cement,” s... |
LafargeHolcim announces new Middle East/Africa organisation06 March 2018, Published under Cement NewsLafargeHolcim has announced its new organisation for the Middle East and Africa region. "This new organisation will further increase our market focus, our operational performance and support the development and execution of winning market strategies to grow profitable businesses in the Middle East & Africa markets," said Saâd Sebbar, who heads up the company’s MEA Region. The company’s four largest markets will report directly to Mr Sebbar and include the following Country CEO appointment... |
Industry sales in Pakistan grow by 4% in 1HFY1805 March 2018, Published under Cement NewsThe profitability of the cement sector in Pakistan has contracted in the 1HFY18, falling 13 per cent YoY to PKR26.85bn (US$258.4m). This has been attributed to both an increase in the international coal prices and a lower cement retention cost. In the 1HFY18, industry sales grew by four per cent YoY to PKR134.03bn, while cement dispatches recorded a growth of 12 per cent to 19.6Mt. However, this did not result in the topline growth of the sector due to a lower retention price in the north... |
Colombia's cement sales slip in January02 March 2018, Published under Cement NewsColombia's cement market contracted by 0.5 per cent YoY in January 2018 to 0.908Mt, according to DANE, the country’s statistics office. The drop is attributed to a 3.4 per cent lower offtake by construction companies and contractors as well as a 2.6 per cent fall in sales to ready-mix concrete companies. The prefabricated segment increased its requirement by 41.8 per cent. In terms of geographical distribution, the Greater Bogotá area saw its sales fall by 8.5 per cent and Córdoba by 3... |
Value chain is being bypassed in Namibia's cement sector02 March 2018, Published under Cement NewsNamibia's cement industry is suffering from oversupply and low protection for the existing domestic producers. Infant Industry Protection (IIP) is afforded to an infant industry for a period of eight years with the rationale being that while protection is afforded to a newly-established industry during the start-up years. However, the IIP granted players have seen new entrants set-up without having to comply with all the provisions, according to the Southern Times. Ohorongo Cement's Manag... |