Cement News tagged under: international
Malawi: government comes under pressure on subsidised cement programme13 March 2017, Published under Cement NewsMalawi's government has been criticised for favouritism over the tax payer-funded cement and malata subsidy programme. Firebrand opposition Peoples Party Vice President, Kamlepo Kalua, who is Rumphi East MP, said it was unfortunate that the DPP government is there to serve a few Malawians from the president's heartland. The programme is progressing smoothly in the south, especially in the Lhomwe belt, but it is facing problems in the north, he added. "In other regions, especially in the... |
Ethiopia: Ethio-China forum highlights capacity rise10 March 2017, Published under Cement NewsSpeaking at the opening on Wednesday of the three-day Ethio-China cement forum in Addis Ababa, Dr Alemu Sime, State Minister of Industry, said Ethiopia has raised its cement production capacity to 13Mta. Local demand is growing by 10 per cent annually, according to Dr Sime, and once domestic demand is met, Ethiopia will be exporting to its neighbours. The increase in cement production capacity has allowed Ethiopia to generate foreign currency earnings and implement mega infrastructure ... |
Myanmar: Singapore investment fund to part-finance new 1.6Mta plant09 March 2017, Published under Cement NewsSingapore-based Credera has announced that it will invest US$20m in a stake in a new 5000tpd cement plant in Myanmar, Deal Street Asia reports. Credera's Myanmar Frontier Opportunities Fund will partner with a foreign cement firm – as yet unnamed – that will bring another US$30m to the deal. The remainder of the estimated US$200m required to build the plant will be raised as debt. According to Credera, Myanmar currently produces and demands around 4Mt of cement, but the firm expects co... |
Pakistan: capacity expansion projects reach 27.3Mta09 March 2017, Published under Cement NewsPakistani cement producers have been announcing capacity expansions at a breakneck pace of late, reports the Business Recorder, which calculates that if all of these are completed the country’s nominal cement production capability will rise by 62 per cent to 72Mta. The Business Recorder also notes that the rise in capacity is broad-based, with all but the smallest of firms increasing their production potential. While the three largest producers – Bestway, Lucky and DG Khan – will remai... |
Nigeria: 1.68Mta integrated cement plant has been proposed for Ogun state09 March 2017, Published under Cement NewsA new 1.6Mta integrated cement plant has been proposed near Ewekoro, Ogun state, Nigeria, and an environmental and social impact assessment is being carried out. Southport Cement Ltd is in the process of acquiring the land for the quarry, which will be located just 10km from a Dangote cement works and 14km from the Lafarge Africa (Wapco) Segamu cement plant. The aim is to provide a facility that produces 5000tpd of clinker with CEMI and II types of cement. There are reported to be lim... |
Saudi producers unlikely to benefit from export ban08 March 2017, Published under Cement NewsCement makers in Saudi Arabia are unlikely to benefit from the government's decision to lift a ban on exports due to higher tariffs, according to Saudi Cement Chairman, Khaled Al-Rajhi. The sector has suffered from weaker demand and lower government spending on infrastructure. As a result, clinker inventory had risen to record levels by the end of 2016, Mr Al-Rajhi commented in the company’s 2016 annual board report. Last September local cement producers competed for market share amid i... |
Pakistan: domestic demand up in February07 March 2017, Published under Cement NewsTotal cement sales in Pakistan in February 2017 were 3.435Mt, down by 0.41 per cent from 3.449Mt during the corresponding month of last year, according to the All Pakistan Cement Manufacturers Association (APCMA). Domestic cement sales reached 3.181Mt, up 6.7 per cent YoY. While domestic sales rebounded in February, exports saw a 45 per cent drop. Exports reached 0.254Mt, representing a 45.7 per cent fall when compared with February 2016. On cumulative basis, during the first eight mont... |
Argentina cement market contracts 0.8 per cent in 2M1707 March 2017, Published under Cement NewsArgentina's cement producers dispatched 801,782t of cement in February, a 0.8 per cent drop MoM and 8.7 per cent YoY, according to the Argentine cement producers' association, AFCP. Domestic sales decreased 0.8 per cent YoY to 801,782t in February 2017 from 808,310t in February 2016. Exports increased 9.3 per cent YoY to 6652t from 6084t. Supply from local cement plant was supplemented by 4210t of imports, which saw a considerable hike when compared with 30t imported in February 2016.... |
Philippines: cement sector faces full proceedings on anti-competitive practices07 March 2017, Published under Cement NewsThe Philippine Competition Commission (PCC) is set to up its investigation of alleged violations of competitive practices in the local cement industry. The country's anti-trust authority said it found reasonable grounds to proceed to a full administrative investigation into the cement industry. The investigation is in response to the affidavit-complaint filed before the commission by Victorio Dimagiba, a former trade undersecretary who now serves as president of consumer advocacy group Lab... |
Vietnam cement sales fall 0.4% YoY in Jan-Feb 201706 March 2017, Published under Cement NewsVietnam sold 9.4Mt of cement in the first two months of 2017, representing a 0.4 per cent decrease when compared with January-February 2016, according to the Vietnamese Ministry of Construction. The total included 6.8Mt of domestic sales, down 2.7 per cent YoY, and 2.6Mt of clinker and cement exports, a rise of 20.9 per cent YoY. The country has 76 cement production lines and a total capacity of 81.6Mta. The country is expected to face a supply glut between 25-35Mta by 2020 as output o... |