Cement News tagged under: international
Tanzania: government supports coal quality complaints08 December 2016, Published under Cement NewsA Tanzanian government-commissioned report has confirmed that the quality of locally-produced coal is questionable. The Commissioner of Minerals tasked an independent committee to establish why major coal users in the country, especially cement manufacturers, prefer imported to local coal. The report follows a government ban on coal imports earlier this year. Minister of Energy and Minerals, Prof Sospeter Muhongo, said recently that the ban would not be lifted because the country produces... |
Vietnam: export volumes down 8.4% in 10M1607 December 2016, Published under Cement NewsAccording to statistics released by the General Department of Vietnam Customs, exports of clinker and cement in the first 10 months of 2016 were down 8.4 per cent on the same period a year earlier, Vinanet reports. In terms of their US dollar-dominated value, the fall was even more pronounced, being down 18.6 per cent. For the year to the end of October, Vietnamese producers exported 12.3Mt of cement and clinker with a value of US$467m. Bangladesh was the largest importer by volume, ta... |
Pakistan: 98% capacity utilisation rate achieved06 December 2016, Published under Cement NewsThe Pakistan cement industry has achieved its highest-ever capacity utilisation rate at 98.61 per cent, dispatching 3.749Mt of cement in November 2016. This is up on the 3.377Mt registered in November 2015. Domestic consumption for the month in question reached 3.27Mt compared with 2.843Mt a year prior. However, exports have experienced a decline, falling 10.39 per cent YoY to 0.478Mt in November from 0.533Mt last year. According to data released by the All Pakistan Cement Manufacturers A... |
Togo consumer association asks for cement price structure transparency06 December 2016, Published under Cement NewsThe Togolese Association of Consumers (TAC) has asked the government to publish the price structure of cement and called for the establishment of a regulatory authority for the cement sector in the country. Despite the national production of the three producers (Cimtogo, WACEM, Fortia) at around 1.5Mta, the supply of cement is experiencing every year severe shortages and speculation about the price,” according to ATC Secretary General, Aladjou Agouta. "Against this situation, ATC is ca... |
Egypt: IDA to allow cement producers to pay licenses in installments05 December 2016, Published under Cement NewsThe Industrial Development Authority (IDA) is allowing the three winners of last week's cement production license auction to pay license fees in annual instalments, Al Mal reports. A source at the IDA said that the companies will receive their letters of guarantee in full once they begin production and would until then be paid back in tranches of EGP50m as they complete each phase of construction. Cement Egypt’s CEO Ahmed Abou Hashima (who is also CEO of Egyptian Steel) told Al Mal that ... |
Egypt: South Valley Cement discusses new Beni Suef line05 December 2016, Published under Cement NewsAhmed El-Mekati, board member of South Valley Cement Company (SVCC), has said the company is looking into the investment cost of a new 1.5Mta production line, as the cost of importing the production line’s components has increased with the EGP’s flotation. SVCC is due to hold a meeting this month to discuss the launch of the new line and study available financing options. It is compare the value of borrowing from banks and increasing its capital in the stock market. The new line would ... |
Namibia: Ohorongo composite plant inaugurated02 December 2016, Published under Cement NewsCornelia Shilunga, Deputy Minister of Mines and Energy, inaugurated the composite cement plant at the Ohorongo Cement plant this week in Otavi. Ohorongo Cement also constructed a third packaging line at the facility. “Being the largest foreign direct investment in Namibia, Ohorongo is setting the bar high for future investors in terms of execution, standard and quality for all value addition products,” Ms Shilunga said. The new plant will allow Ohorongo Cement to produce various types ... |
Chile's changing market02 December 2016, Published under Cement NewsThis week Cementos Bio Bio announced its 9M16 profits had been hard hit by foreign exchange rates and a similar story was given by Cemento Polpaico, even though it quadrupled its new profits YoY. But beyond these recent results, the industry is embarking on a period of significant transition. Chile's cement market recorded its lowest sales growth in 1H16, reaching US$514bn as Cementos Melon, Polpaico and Bio Bio clawed in sales that were up just 3.7 per cent on the same period in 2015. ... |
Egyptian government announces award of three new plant licences01 December 2016, Published under Cement NewsThe Egyptian Industrial Development Authority has today announced that three firms have been successful in their bids to build new cement plants, local media reports. The licences, which will permit the construction of new integrated works with between 1.5 and 2.0Mta capacity, were awarded to El Sewedy Cement, South Valley Cement and a third firm, identified in the article as Egyptian Cement. El Sewedy, which currently has around 2.3Mta of cement capacity, will be permitted to build a ... |
India: Lafarge Surma mine to expand production01 December 2016, Published under Cement NewsBangladeshi cement manufacturer Lafarge Surma Cement (LafargeHolcim Group) has received environmental clearance from the Indian government for its mining company to more than double its limestone production capacity to 5.5Mta. Lafarge Umiam Mining, a fully-owned subsidiary of Lafarge Surma based in Meghalaya on the Bangladesh border, currently has clearance to produce and transport 2.2Mta of limestone to Surma’s manufacturing plant in Bangladesh. The Ngntrai mine was set up as per an a... |