Cement News tagged under: international
Asocem: “Cement consumption will recover in 2017”23 January 2017, Published under Cement NewsPeruvian cement association Asocem expects cement consumption in Peru to grow between 3-5 per cent in 2017 as private investment recovers and public works are carried out. “For 2017 the scenario is positive, due to infrastructure works estimated to total US$20bn and US$40bn in 2018. We will recover the space that we have had after two years of decreases,” said Carlos Ferraro, executive director of Asocem. He added that the recovery of the cement market depends particularly on the unlock... |
Bolivia’s government expects to sign Potosi contract in March23 January 2017, Published under Cement NewsThe Bolivian government anticipates to sign the contract for the construction of a new cement plant in Potosi in March. "I want to tell the department of Potosí, its factory is guaranteed with an investment of US$307m. Possibly the first days of March we are going to sign the construction contract," President Evo Morales said in his management report to the Plurinational Legislative Assembly. The Potosi plant will be the second state-owned cement works in Bolivia. In September 2015 const... |
Sri Lanka: INSEE Cement links with universities23 January 2017, Published under Cement NewsCement manufacturer INSEE Cement (formerly known as Holcim (Lanka) Ltd) has signed a partnership with three of Sri Lanka’s universities – Peradeniya, Moratuwa and Ruhuna – to boost the local construction industry with research agreements. This partnership was formalised between INSEE Cement’s Sri Lankan corporate unit, Siam City (Lanka) Ltd. The agreement implies INSEE Cement’s assistance with research on identified challenges faced by the construction industry, knowledge sharing with t... |
Caribbean: Trinidad Cement competes with Rock Hard Cement23 January 2017, Published under Cement NewsRock Hard Cement of Barbados has begun to penetrate the local market in Trinidad and Tobago, offering its product at TTD46/bag (US$6.81/bag). State-owned Trinidad Cement Ltd (TCL) has spoken out, warning customers off buying the new competitor’s product. TCL has been competing with Rock Hard for about a year, its first competitor in 31 years. TCL issued a full-page advertisement in a local newspaper, warning to local consumers to “carefully consider when purchasing, as imported cement is ... |
Uganda: two new plants in Tororo by 201820 January 2017, Published under Cement NewsAfter previously only being home to one cement plant (Tororo Cement), 2018 will see Tororo District welcome at least two new plants. By the end of 2017, Simba Cement of Kenya will have completed a grinding plant on the Tororo-Mbale highway. Simba Cement’s new plant will have the capabilities to produce in excess of 1Mta. Hardly a kilometre from the site, Hima Cement is expected to have started production on its US$40m (UGS144bn) plant by June 2018, which will see Hima’s production capa... |
Pakistan: Arif Habib Group to invest PKR25bn in new plant20 January 2017, Published under Cement NewsArif Habib Group has said that it is going to invest PKR25bn (US$238.5m) in a new cement plant to be completed in the next two years, to be operated by its subsidiary Power Cement. The new plant will take the installed capacity of Power Cement to 3.37Mta from its current capacity of just 0.9Mta. Owing to energy shortages, Pakistan’s GDP is not growing at the pace it should. However, Power Cement Chairman, Nasim Beg, stated that he believed the China-Pakistan Economic Corridor (CPEC) will ... |
UAE: Arkan Cement AED117.7m waste-power deal20 January 2017, Published under Cement NewsArkan Cement is set to sign a AED117.7m (US$32m) deal to set up a waste-to-power operation for its Al Ain plant. The technology, which will convert about 1000tpd of municipal waste into power for the plant, is being deployed for the first time in the Gulf Corporation Council (GCC), according to Martti Malmivirta, chairman of Arabian Finnish Waste Refining (Arafin). Arafin will partner with Arkan in this project as a joint venture. "We want to make it a very local company so that people fe... |
India: Seven cement firms fined for bid-rigging20 January 2017, Published under Cement NewsThe Competition Commission of India (CCI) has imposed fines totalling more than INR2bn (US$30m) on seven cement firms it found guilty of colluding in their responses to a 2012 tender from Haryana state, Indian media reports. The companies have each been fined 0.3 per cent of their average annual turnover for the past three years. Ultratech faces the largest penalty, at INR683m – around a third of the total. The other firms fined were Jaiprakash Associates, ACC, Ambuja Cements, Shree Cemen... |
Zimbabwe: Redcliff plant complete20 January 2017, Published under Cement NewsChinese firm Mortal Investments Manufacturing has completed the construction of a US$20m cement plant in Redcliff, Zimbabwe. Initial production is slated to commence at the beginning of February, according to Wang Dongning, CEO of Mortal Investments. Mr Wang said they have completed the test run of the plant and were now awaiting the green light from the International Organisation for Standardisation (ISO) and an Environmental Impact Assessment (EIA) from Environmental Management Agency. ... |
USA: preliminary November shipments reach 7.82Mt19 January 2017, Published under Cement NewsPreliminary data from US Geological Survey for the month of November reports that total deliveries of Portland and blended cements reached 7.82Mt to give a total of 87.26Mt for teh first 11 months of 2016. The biggest producing states in decending order were: Missouri 812,043t, California 774,647t and Florida 498,198t. The largest producing district was Idaho-Montana-Nevada-Oregon which output 1.532Mt of cement. |