Cement News tagged under: international
DR Congo: cement price in Boma up 53%04 April 2017, Published under Cement NewsThe price of a bag of 50kg of grey cement in Boma, Democratic Republic of Congo, has jumped from CDF7500 (US$5.51) in February to CDF11,500 at the start of April. The price increase has led several construction sites in the port city suspending work. The hike has been attributed to the deterioration of the national currency compared to the US dollar. |
New international standard in Russia04 April 2017, Published under Cement NewsRussia has introduced Interstate standard GOST 31108-2016 “Cements Technical Specification,” as a national standard of the Russian Federation (RF), effective 1 March 2017. The technical characteristics requirements of the new standard are broadly similar to the EU’s EN 197-1: 2011 standard, except that GOST has 23 sub-types compared to the EN 197’s 39 sub-types. The World Cement Association (WCA) has welcomed the introduction of the standard as a step towards greater compatibility between ... |
Pakistan: Lucky Cement wins HSE Award 201704 April 2017, Published under Cement NewsLucky Cement Ltd has won a Health, Safety and Environment award in the category of “The Responsibility for Health and Safety,” at the 2017 International Environment, Health & Safety Awards Gala, held in Karachi, Pakistan. Speaking of the occasion, Amin Ganny, chief operating officer of Lucky Cement: “Lucky Cement is committed to cultivating an environment that ensures HSE is embedded at its core. By fortifying its HSE goals with the pillars of perpetual progress, the company is in pursuit... |
Coal price set to fall over the next two years03 April 2017, Published under Cement NewsNewcastle coal prices hit a five-year high in November, climbing from US$49/t at the start of 2016 to US$115/t in November, but fell quickly to their current level of US$80/t. The main driver in these fluctuations is China’s supply management policy rather than the new administration in the US. The Chinese government has cut coal production to boost prices and safeguard coal mining jobs. However, as the country eased supply restrictions in response to increasing prices but temporary, safety ... |
Indian cement producers prefer imported petcoke03 April 2017, Published under Cement NewsCement producers in India continue to prefer better-quality imported petcoke at US$92/t, despite its price being double that of Indian coal, according to the Business Standard. Petcoke prices rose to US$95.75/t at the end of December and fell to US$80.50/t in early February before rising to US$92 at the end of March, S&P Global Platts was quoted. Recent auctions by Coal India yielded disappointing results as around three times more coal than petcoke is required to produce one tonne of... |
Colombian cement dispatches slip 3.6% in Feb1731 March 2017, Published under Cement NewsColombia's cement market in February 2017 contracted 3.6 per cent to 1.008Mt when compared with February 2016, according to DANE, the country's statistics office. Domestic cement plants produced 1.048Mt in the second month of the year, representing a 2.6 per cent decline YoY. In January-February 2017, cement sales reached 1.921Mt and were down 3.2 per cent when compared with January-February 2016. Cement production in the first two months of 2017 fell 4.2 per cent YoY to 1.959Mt. The l... |
Saudi Arabia: sales volume falls 20% in 2M1731 March 2017, Published under Cement NewsCement sales in Saudi Arabia remain weak and see a further downward revision in sector earnings for 2017. In the first two months of 2017, sales volume fell 20.4 per cent on an annual basis, while in 2016, cement dispatches declined 10 per cent YoY (54.8Mt), according to a report by Al Rajhi Capital. "In this context, we show the impact on companies based on our expectations of demand in 2017. With regard to prices, we have already seen prices decline sharply for Central and Western r... |
Paris council to stop LafargeHolcim orders over Trump wall supply offer30 March 2017, Published under Cement NewsThe city of Paris has criticised LafargeHolcim for its willingness to supply material for the wall that US President Donald Trump plans to build along the Mexican border. The French capital’s governing council voted on Tuesday to stop working with the world’s biggest cement maker for as long as the company won’t respect the city’s ethical standards, a spokeswoman said by phone on Wednesday. It will start by ending a longstanding arrangement to take sand from LafargeHolcim for artificial be... |
Zimbabwe: President Mugabe opens PPC cement grinding plant in Harare30 March 2017, Published under Cement NewsPPC's US$85m cement 0.7Mta grinding plant at Msasa, Harare, has been officially opened by President Robert Mugabe. The plant is PPC’s third production site in the country. The facility features a cement ball mill with dynamic separator and road and rail off-loading facilities. This is in positioning PPC to meet local demand, as well as boost the country’s ability to export to the region. The PPC's collective capacity now stands at 1.4Mta, allowing the firm to export further to its neig... |
Cameroon: LafargeHolcim launches construction of EUR42.6m cement plant30 March 2017, Published under Cement NewsLafargeHolcim Maroc Afrique has launched construction of a new 0.5Mta plant in the Cameroonian locality of Nomayos, near Yaoundé. The new project required a total investment of EUR42.6m (US$45.7m). The plant project has been launched via Cimencam, LafargeHolcim Maroc Afrique’s local branch, and is expected to increase Cimencam’s annual production to 2Mta. With the addition of the new plant, Cimencam will control Cameroon’s cement monopoly and be able to meet both domestic and foreign d... |