Cement News tagged under: international
Egypt: Premiere aims to attract new investment for cement sector03 February 2017, Published under Cement NewsAhmed Abdelmoghny, managing director of Premiere, said his company sought to raise EGP3.5bn (US$186.9m) for an Egyptian cement company to establish a 1.5Mta cement works on the Ain Sokhna Desert road. He stressed that promoting the Egyptian plant in the Gulf is still ongoing to find financing mechanisms, noting that Premiere held several promotional meetings with several investment funds in the United Arab Emirates and Kuwait, to attract money for the cement industry. The Industrial Deve... |
USA: cement shipments in November rose by 8.2%03 February 2017, Published under Cement NewsTotal shipments of Portland and blended cement in the USA and Puerto Rico in November 2016 were about 7.9Mta, up by 8.2 per cent from sales in November 2015. The leading producing states for Portland and blended cement in November 2016 were Texas, Missouri, California, Florida, and Alabama, in descending order. The leading cement-consuming states (Texas, California, Florida, Ohio, and Illinois, in descending order) received 38 per cent of the November shipments. Sales for January through ... |
LafargeHolcim to take part in Global Framework Agreement03 February 2017, Published under Cement NewsGlobal trade unions represented by IndustriALL Global Union and Building and Wood Worker's International (BWI) met with representatives of LafargeHolcim on 23 January 2017 to launch the process for developing a Global Framework Agreement. All parties agreed their mutual intent to begin to draw up a Global Framework Agreement that will prioritise four key pillars: fundamental rights, health and safety, exchange of information and solution of conflicts and contractors management. "We str... |
UK: Hope Cement reward loyal customers03 February 2017, Published under Cement NewsHope Cement has introduced a new incentive scheme through its smartphone app. The loyalty scheme is a new approach to drive traffic into merchants’ stores and help to grow their business. Customers collect points every time they purchase a Hope Cement product. Points will accrue based on product purchases, which can be used to claim various rewards and put them in with a change to win a Ford Transit Custom van. Hope Cement’s Commercial Finance Director, Tim Billingham, said: “The App w... |
Emerging markets to remain unpredictable in 201703 February 2017, Published under Cement NewsThe year 2017 is expected to be a difficult one to negotiate for large cement corporations that have high exposure to emerging markets as major price and volume issues are now surfacing. In recent years several of the major cement groups sought to focus investment and new capacity in the emerging markets, safe in the knowledge that these markets would be the engine of cement consumption growth in the long term. Currently, 60 per cent of LafargeHolcim's EBITDA exposure is in the emergin... |
Pakistan: capacity utilisation tops 90% in December 201602 February 2017, Published under Cement NewsAccording to figures released by the All Pakistan Cement Manufacturers Association (APCMA), cement sales in December 2016 reached 3.56Mt, with capacity utilisation running at 90.9 per cent, the Nation newspaper reports. The first six months of Pakistan’s 2017 fiscal year, which began in June 2016, has seen local cement consumption rise by 11.1 per cent on the same period in 2015. Declining export sales have been more than matched by rising local demand, with the result that total shipm... |
Cambodia: SCG's Kampot Cement to open third plant02 February 2017, Published under Cement NewsSiam Cement Group (SCG), Thailand’s largest cement conglomerate, is to take advantage of Cambodia’s booming construction sector by opening its third cement plant in Battambang province next year through its subsidiary, Kampot Cement. Governor of Battambang province, Chan Sophal, told a local news source that SCG, a majority shareholder in Kampot Cement, started construction on the cement works last year in Ratanak Mondol district. “So far, they have completed about 60 per cent of the cons... |
Venezuela expects to export 0.3Mt of cement in 201702 February 2017, Published under Cement NewsIn 2017 Venezuela’s cement industry forecasts cement exports of 0.3Mt, around five per cent of the country’s total planned production of 6Mt, according to the President of the Federación Bolivariana de Construcción, Marco Tulio Díaz. He added that part of the output of the cement plants is directed to Misión Vivienda, the government’s housing programme. |
Saudi Arabia: lacklustre domestic demand creates price war01 February 2017, Published under Cement NewsA drop in domestic demand caused by a downturn in government construction projects has triggered a price war among cement producers in Saudi Arabia, according to local newspaper Al-Youm. The National Cement Committee of the Council of Saudi Chambers acknowledged the price war but said it was not involved in it. “The committee has nothing to do with the decline in cement prices or the price war which is happening in the market,” said Committee Chairman, Jihad Al-Rasheed. The newspaper r... |
Sri Lanka: production and imports spike in 9M1601 February 2017, Published under Cement NewsSri Lanka's combined cement production and imports were up 28.4 per cent YoY to 6.5Mt by October 2016, indicating a strong recovery in the construction sector. Domestic production was up 17.5 per cent (334,000t) to 2.24Mt, according to central bank data. Import volumes were up 35 per cent (1.1Mt) to 4.2Mt. In 2015 domestic production expanded 21 per cent to 2.28Mt, but imports fell 1.4 per cent to 4.09Mt. Total cement production and imports rose only 5.8 per cent to 6.78Mt in 2015. |