Cement News tagged under: international
Brazil’s Jan-May sales down 8.9%14 June 2017, Published under Cement NewsJanuary-May sales of cement in the Brazil totalled 21.6Mt, according to preliminary industry data, indicating a YoY decline of 8.9 per cent. In the last 12 months accumulated sales totalled 55.3Mt, 10.1 per cent lower than the comparative period of the previous year, SNIC reported. In May alone, 4.543Mt of cement were sold, down 5.5 per cent YoY. |
Indonesian consumption continues to rise14 June 2017, Published under Cement NewsIndonesian cement consumption continued to rise last month, increasing by seven per cent YoY to 5.47Mt, according to latest data from the Indonesia Cement Association (ASI). The advance marks the second consecutive month of growth with demand being supported by a recovery in the property sector and infrastructure development projects. Cement sales grew by 4.1 per cent (YoY) to 25.26Mt over the January-May period. Exports also noted a significant increase, rising to 25,000t in May (+60 pe... |
Sagar eyes 18% rise in production14 June 2017, Published under Cement NewsSagar Cements is expecting around 18 per cent jump in its production to 2.6Mt in FY17-18 following the consolidation of a grinding unit acquired last year. Speaking during the company's earnings conference call, Executive Director S Sreekanth Reddy said last year volumes reached 2.2Mt. In the 3Q the company acquired a grinding unit in Anakapally, Visakhapatnam, which will boost production volumes further. "Keeping all these things in mind the overall outlook for us for Sagar is to grow f... |
Further slight recovery in EU 28 cement production13 June 2017, Published under Cement NewsAccording to CEMBUREAU’s 2016 Activity Report published yesterday, European cement production in the EU 28 further slightly recovered in 2015 (167.2Mt), confirming the cautious upward trend started in 2013 (166.6Mt) after the dramatic fall in the crisis period. Cement consumption has risen slightly from 2014 to 2015 within both the EU28 and the CEMBUREAU region, the report shows. Total world cement production is estimated at 4.6bnt. The CEMBUREAU region’s share of world production fell by ... |
India producers refute cartel allegations13 June 2017, Published under Cement NewsRepresentatives from various cement companies on Friday denied that they formed a cartel to artificially hike prices, saying market dynamics decide the prices, not the companies. There have been allegations of cartelisation and ‘unjustified’ prices in Andhra Pradesh and Telangana in the south of the country from builders after a steep hike in prices in the two markets recently. "Price hikes have to be factored in the context of price volatility, escalating costs and low capacity utilisa... |
CEMBUREAU welcomes new President & VP13 June 2017, Published under Cement NewsGonçalo Salazar Leite (Vice Chairman Secil), has been elected as President of CEMBUREAU for a two-year term at the Association's General Assembly held on 9 June in Paris (France) after having completed his mandate of Vice-President over the last two years. He takes over from Mr Daniel Gauthier, former CEO Western Europe-Africa and Member of the Managing Board of HeidelbergCement. In addition, Raoul de Parisot, advisor to Vicat’s Chairman and CEO, has been elected as Vice-President of CEMBU... |
Loma Negra board to consider equity offering13 June 2017, Published under Cement NewsCimpor announced that the board of directors of its subsidiary, Loma Negra (Argentina) has called for an Extraordinary General Meeting (EGM) to consider the necessary moves required for it to pursue an equity offering on the local and international capital markets. The move is among the initiatives undertaken by Cimpor “to reinforce its capital structure,” the parent company said in a statement. The EGM will be held on 3 July in Olavarría, Argentina. |
Asia Cement denies Hualien mine expansion13 June 2017, Published under Cement NewsAsia Cement Corp has denied that it has been expanding mining operations in Hualien County, Taiwan, following accusations by a filmmaker that mining has intensified at the site, the Tapei Times reports. Documentary filmmaker Chi Po-lin made the comments in May 2017 whilst filming a sequel to his aerial photographic documentary ‘Beyond Beauty: Taiwan From Above. Chi subsequently died in a helicopter crash last Saturday but his aerial footage of the Sincheng site has resulted in widespread ... |
New Hanson technical team to enhance customer service13 June 2017, Published under Cement NewsNew Hanson technical service meets customer needs Hanson Cement UK has increased its technical team to offer customers bespoke support on all cement and cementitious issues. Headed by national technical manager Simon Chudley, the team will provide a bespoke service as well as offering advice, information and technical support ranging from product data and case studies to lab trials and product testing. “Research has demonstrated how important technical support is to our custo... |
Cement price recovery in western India12 June 2017, Published under Cement NewsCement prices in western India have recovered from the lows touched a year ago, and on a YoY basis have seen the highest improvement among all domestic regions. In June the price of cement stood at INR335 (US$5.20)/50kg bag, 16 per cent more than the INR290/bag recorded in the same month a year earlier, according to a recent dealer channel check report by Kotak Institutional Equities. On a sequential basis, prices improved by INR2/bag. The recovery has largely been driven by the state o... |