Cement News tagged under: international
Georgia: HeidelbergCaucasus and Georgian Building Group set up GCA19 January 2017, Published under Cement NewsHeidelbergCement Caucasus (GCC) and the Georgian Building Group (GBG), owned by Kavkaz Cement, have decided to form the Georgian Cement Association to help safeguard the quality of domestically-produced cement and create a “Good Quality Seal”. All domestically-produced products will be tested to ensure that the quality of cement in the bag corresponds to the quality of the product specified on the bag. Bags to be tested will be purchased anonymously in the open market quarterly and distri... |
Saudi cement production forecast to fall 5-10% in 201718 January 2017, Published under Cement NewsA number of Saudi cement companies plan to cut production by 5-10 per cent this year to deal with reduction in demands, Al Sharq Al Awsat newspaper has reported. The decline is attributed to low local demands for cement and high competition with the existence of 15 companies, as well as increase in the production cost as result of the increase in the energy prices. Saudi cement companies are predicted to sell around 60Mta in 2017, the paper claims. |
Jamaica: Caribbean Cement Co fire18 January 2017, Published under Cement NewsCaribbean Cement Company (CCC) reported a fire at its administrative office on Monday, 16 January 2017. “The incident did not affect production and will not affect our ability to supply cement to the trade and our valued customers. Our customers’ trucks continue to be loaded and the incident has not disrupted supply,” a statement from the Rockfort, Kingston, company said. |
India: Binani Compat appeal dismissed18 January 2017, Published under Cement NewsIndia’s Competition Appelate Tribunal (Compat) has dismissed the appeal of Binani Cement seeking waiver of the direction to deposit with it 10 per cent of the total penalty amount which was imposed by Competition Commission in a cartelisation case. "Binani Cement has failed to substantiate its claim for review of our order dated November 28, 2016," Compat said. “[Binani Cement has] neither presented any fresh compelling or significant circumstances to justify review of our order nor point... |
Egypt: South Valley denounces new capacity project17 January 2017, Published under Cement NewsThree private companies are reported to have gained licences for new plants in Egypt after the latest round of bidding, according to local newspapers in Egypt. The new capacity was reportedly for Elsewedy Cement, Elmasreein Cement and South Valley Cement. However, South Valley Cement has categorically denied the announcement in a statement to the EGX, stating that the claim is totally untrue. Furthermore, the government has made available several further 2Mta cement plant licences... |
Peru's sees 3.4% market contraction in 201617 January 2017, Published under Cement NewsCement consumption in Peru fell 5.2 per cent to 836,000t in December 2016, according to Asocem, the country's cement association. Exports decreased 43.5 per cent to 27,000t from 47,000t in December 2015. Cement production in December reached 886,000t, representing a 4.8 per cent decline YoY. For full-year 2016, Asocem reported a 3.4 per cent market contraction from 9.978Mt in 2015 to 9.643Mt. However, Peruvian cement producers found some solace in overseas markets and reported an 11.3... |
Colombia's cement consumption down 4.6% YoY in November16 January 2017, Published under Cement NewsCement demand in Colombia fell by 4.6 per cent in November 2016 to 1.019Mt when compared with November 2015, according to DANE, the country's statistics office. Output decreased by 3.5 per cent to 1.009Mt when compared with November 2015, when production reached 1.045Mt. In Nariño deliveries advanced by 21.1 per cent and in Antioquia by 7.7 per cent. On the other hand, Cesar noted a 29.1 per cent drop, with Santander and Cundinamarca reporting demand down by 18.4 and 15.5 per cent, respe... |
Bangladesh: SKS launches Sena cement brand16 January 2017, Published under Cement NewsYesterday Sena Kalyan Sangstha (SKS) launched its Sena Cement brand at its Mongla Cement Plant in the Port of Mongla, Bagerhat. General Abu Belal Muhammad Shafiul Huq, Chief of Army Staff and Chairman of the board of trustees of SKS, was the inaugurator of the launch. |
Iran's cement industry is 'behind the times', says minister16 January 2017, Published under Cement NewsAmbitious government plans were set out to boost cement production capacity to 120Mta from the current 80Mta by the end of 2025, as part of ambitious targets set in the 20-Year Vision Plan (2005-25). However, Minister of Roads and Urban Development, Abbas Akhoundi, has cast doubt on the Industries Ministry’s capacity expansion plan due to the persistent market glut and said the Vision Plan target will be “incredibly difficult” to achieve unless the producers’ mindset and domestic ma... |
India: JSW Bellary expansion to 3.4Mta16 January 2017, Published under Cement NewsJSW Cement Ltd is set to raise its installed capacity from 1Mta to 3.4Mta at its Bellary Plant in Karnataka. "We are increasing the cement manufacturing capacity from current 1Mta to 3.4Mta. The additional capacity will help JSW Cement to strengthen its distribution network in high-demand potential areas throughout South India," a company statement said. The company is also increasing capacity with its Vijay Nagar grinding facility in a move to strengthen its position in Karnataka and ... |