Cement News tagged under: international
Cambodia plant set to begin operations at year-end28 July 2017, Published under Cement NewsBattambang Conch Cement, a joint venture between Cambodia’s Battambang KT Cement and Conch International Holdings, is set to begin operations of its 1.8Mta cement plant in Battambang province at the end of the year. “The official commission of the plant will be in December,” the Khmer Times (Cambodia) quoted Sie Mengnang, an administrative officer in Battambang Conch Cement, as saying. “Currently about 70 per cent of construction has been completed,” he added. |
Potential impacts of Pakistan capacity build27 July 2017, Published under Cement NewsPakistan cement producers have embarked on an ambitious expansion phase but could this fast-paced capacity build up be leading to a potential supply glut and a reduction in company margins? All the industry's major players are undertaking new investment projects and some 32Mta of capacity is due to come online in the next 5-6 years. This has led one local research house to warn that following tremendous valuation expansion in the last three years, risks are now becoming more prominent in ... |
Peru's cement demand edges up in June26 July 2017, Published under Cement NewsPeru’s cement producers dispatched 777,000t of cement in June 2017, representing a 2.2 per cent increase YoY, according to the latest data from Asocem, the country’s cement association. In June 2016, the domestic market required 756,000t. Total dispatches, which include exports, advanced 2.7 per cent YoY from 781,000t to 802,000t in June 2017. Output rose 2.2 per cent from 792,000t in June 2016 to 809,000t one year later. In terms of the rolling year, domestic cement deliveries reache... |
Production in construction down by 0.7% in euro area26 July 2017, Published under Cement NewsIn May 2017 compared with April 2017, seasonally-adjusted production in the construction sector decreased by 0.7 per cent in the euro area (EA19) and by 1.1 per cent in the EU28, according to the first estimates from Eurostat, the statistical office of the European Union. In April 2017 production in construction grew by 0.3 per cent in the euro area and by 0.2 per cent in the EU28. In May 2017 compared with May 2016, production in construction increased by 2.6 per cent in the euro area an... |
Oman Cement and Sultan Qaboos University sign research pact26 July 2017, Published under Cement NewsOman Cement Company and Sultan Qaboos University signed a Research Cooperation Programme agreement on 19 July to pursure a mutual interest in the fields of research and training. The agreement was signed by Dr Rahma Ibrahim Al-Mahrooqi, Deputy Vice Chancellor for Postgraduate Studies & Research, Sultan Qaboos University, and Salem Abdullah Al-Hajry, Acting CEO, Oman Cement Co. Under the programme, both parties agreed to explore opportunities to potentially collaborate in the areas of ... |
Bundeskartellamt: low number of suppliers in Germany’s cement sector25 July 2017, Published under Cement NewsThe German competition authority, Bundeskartellamt, has complained about the low number of suppliers in the German cement industry. “Therefore, we will continue to deal intensively with this industry and, for example, examine suspicious corporate interdependencies and, if necessary, dissolve them,” said Andreas Mundt, chairman of the Board. According to the agency, the industry is spending more than EUR5bn annually. Since the launch of the sectoral investigation at the end of 2013, 2... |
Cemex: environmental savings for construction by barging25 July 2017, Published under Cement NewsAggregates being barged up the River Thames Last month was a record month for transporting aggregates by barge down the River Thames, UK, saving approximately 320 road journeys. June saw record tonnages by barge of 10,300t sand and gravel loaded at Dagenham Wharf and transported along the River Thames to Fulham, to meet the increasing demand for concrete by the London construction market. The tonnage represents the equivalent of approximately 320 road journeys by eight-wheeler HG... |
Aggregate Industries introduces Postmix to its Lafarge Cement range25 July 2017, Published under Cement NewsAggregate Industries has introduced Postmix to its Lafarge Cement range of packed products, a quality-assured premixed ready-to-use formulation for fixing all types of fence posts. Lafarge Postmix is composed of a selected blend of cements and aggregates intended for domestic use. Easy to use, the product requires no mixing – just add water. It sets in five to 10 minutes and then rapidly hardens, allowing for fence panel hanging in around 30 minutes. Postmix fixes all types of wood, m... |
INSEE Cement opens its first executive leadership programme21 July 2017, Published under Cement NewsInsee Cement in Sri Lanka recently joined up with the country's Postgraduate Institute of Management (PIM), to launch its first Executive Leadership Development Programme (ELDP). The inauguration was held at the PIM education buildings, attended by the CEO and Directors of Insee Cement and PIM, faculty members of PIM and the selected participants of Insee Academy’s ELDP. The objective of the ELDP programme is to transform Insee Cement’s functional leaders into business leaders. This mean... |
Indian market to expand 5% in FY17-1821 July 2017, Published under Cement NewsInfrastructure and housing are expected to drive India’s cement demand in FY17-18. Consumption is forecast to increase five per cent YoY as growth accelerates from 1.2 per cent in FY16-17, according to Business Line. In FY16-17 output fell to 279.8Mt as demonetisation affected the market and saw sales volumes decrease by nine per cent between November 2016 and March 2017. However, the market picked up in April, bouncing back with a growth of 17 per cent and supported by rising prices as t... |