Cement News tagged under: international
Prism Cement receives limestone mining lease03 May 2017, Published under Cement NewsPrism Cement announced it has received a letter of intent from the government of Madhya Pradesh, India, for a cement-grade limestone mining lease. The lease if for mining in the Chulhi and Majhiyar villages in the Satna district of the central Indian state. To span a period of 50 years, the lease covers reserves of about 23.6Mt and applies to the cement producer’s plants Madhya Pradesh. |
Polish cement demand to rise 2.5% in 201702 May 2017, Published under Cement NewsCement production in Poland increased by two per cent in 2016, according to the Polish Association of Cement Producers. In 2017 cement demand is expected to grow by 2.5 per cent to 16.1Mt thanks to healthy housing and transport infrastructure construction markets, the association said. However, its future also depends on the EU’s CO2 emissions policies, the association added. With 14 plants, owned by the subsidiaries of eight international cement producers, Poland’s cement sector points ou... |
Indian cement prices return to pre-demonetisation levels28 April 2017, Published under Cement NewsCement prices in India have returned to levels prior to the government’s demonetisation move, analysts at ICRA Ratings have reported. “With the impact of demonetisation gradually subsiding, cement prices have reached the pre-demonetisation levels in April 2017 in most markets,” the Economic Times of India quoted Sabysachi Majumdar, senior vice-president and group head, ICRA Ratings as saying. Prices declined in the range of 16-17 per cent in the western and southern regions between Nove... |
Nepal plant project faces delays28 April 2017, Published under Cement NewsConstruction of the Honshu Shivam Cement Factory, a Nepal-China joint venture, is likely to be delayed as the government has been slow to build a road leading to the limestone quarry, the Kathmandu Post reports. The Honshu Holding Group of China has invested NPR36bn (US$351m) or 70 per cent of the project cost into the venture, while its partners has invested the remainder. “A study has shown that NPR3bn will be required to construct the 40km road. However, the government has allocated... |
Morocco’s Tekcim project online 2019?27 April 2017, Published under Cement NewsFirst announced in 2012, Tekcim’s cement plant in El Jadida, Morocco, is expected to open in 2019 with work to begin in a few months’ time, reports La Tribune. To finance the project, Tekcim’s parent, SGTM Group, has approached the African Development Bank (AfDB) and the bank is expected to finalise the case in early summer. The cement plant represents an investment of MAD2.5bn (US$252m). The project includes a 500ha quarry. |
Moroccan demand slips 0.7% YoY in March26 April 2017, Published under Cement NewsMorocco’s cement demand fell 0.7 per cent YoY in March from 1.334Mt in March 2016 to 1.324Mt one year later. While the Dakhla-Oued Ed-Dehab region saw sales soar by 27.7 per cent YoY to 8042t, advances were more modest in Fès-Meknès (+19.13 per cent to 125,085t) and Souss-Massa (+12.8 per cent to 127,584t). However, Morocco’s key markets all saw sales contract. Casablanca-Settat experienced a 2.1 per cent drop to 292,487t, the Marrakech-Safi market shrunk by 8.3 per cent to 163,902t and ... |
CMS to benefit from Pan Borneo Highway construction25 April 2017, Published under Cement NewsConstruction of the Pan Borneo Highway in Malaysia is expected to boost demand for construction materials including an additional million tonnes of cement. Cahya Mata Sarawak Bhd (CMS), which is the sole cement producer in the country’s largest state, will be the main beneficiary of the mega highway project. "It is estimated that the project would need up to a million tonnes of cement over the course of the construction of the Pan Borneo Highway [in Sarawak], said Richard Curtis, manag... |
Mbeya signs cooperation agreement Kibo Mining25 April 2017, Published under Cement NewsTanzania-based Mbeya Cement Co, a LafargeHolcim subsidiary, has signed a cooperation agreement with coal development company Kibo Mining which covers a range of potential areas of collaboration including the supply of coal and flyash to Mbeya. Kibo Mining holds a thermal coal deposit at Mbeya and is developing a 250-350MW mine mouth thermal power station, the Mbeya Coal to Power Project, previously called the Rukwa Coal to Power Project. In a statement, Kibo Mining said that together w... |
Peru: cement companies feel impact of El Niño25 April 2017, Published under Cement NewsCement producers in Peru have started to feel the impact of El Niño, according to Credicorp Capital. Between January and March, cement dispatches have fallen seven per cent. Cementos Pacasmayo is expected to see the highest drop in volumes even though its plant has not been damaged by the landslides. Lower construction activity is envisaged to affect Pacasmayo revenues by 10 per cent in the first quarter. While Unacem continues to ship cement from its Atocongo works, demand is expecte... |
Construction output up by 6.9% in euro area24 April 2017, Published under Cement NewsIn February 2017, compared with January 2017, seasonally-adjusted production in the construction sector increased by 6.9 per cent in the euro area (EA19) and by 4.4 per cent in the EU28, according to first estimates from Eurostat, the statistical office of the European Union. In January 2017 construction output fell by 2.4 per cent in the euro area and by 1.5 per cent in the EU28. In February 2017 compared with February 2016, production in construction rose by 7.1 per cent in the euro ar... |