Cement News tagged under: international
North Korea: cement firms to be assessed03 November 2016, Published under Cement NewsThe North Korean authorities have told cement trading companies that the volume of support they provide for flood recovery efforts in North Hamgyong province wil be assessed. The assessments will take place during a review of the “200-Day Battle” at the end of this year, claims Daily NK. "The information is expected to increase the burden on these companies, as they are already under strain trying to provide materials for the construction of Ryomyong Street," a source in South Pyongan... |
Nigeria: cement sector still imports 75% of its gypsum03 November 2016, Published under Cement NewsNigerian Society of Engineers (NSE) President, Dr Ebenezer Damisa, has stressed the need for Nigeria to strengthen its mining institutions to curb illegal importation of raw materials as the country still imports 75 per cent of its gypsum required for cement production. According to Dr Damisa, “As at today about 75 per cent of the requirement of gypsum used for cement production is still imported into the country and we think that the money used to the importation, if given to local miners... |
India: Telangana State Housing Corporation signs cement price MoU03 November 2016, Published under Cement NewsThe State Housing Corporation of Telangana has signed a memorandum of understanding with local producers to fix the price of supplied cement at INR230/bag (US$3.45), the New India Express reports. The rate includes loading, transportation, unloading and all taxes. The average price of a bag of cement in India was INR285-290/bag at the beginning of the year, but substantially higher in Telangana and other southern states at around INR350/bag. The State Housing Corporation is currently u... |
Canada: McInnis Cement ready to start Spring deliveries02 November 2016, Published under Cement NewsMcInnis Cement, in collaboration with Caisse de dépôt et placement du Québec and the other shareholders, announced that close to 75 per cent of the construction phase of the 2.5Mta cement greenfield plant has been completed and certain operations have begun. The heightened pace of construction on the company's various sites, starting with the Port-Daniel-Gascons industrial project, will allow the project to be completed in time for the first cement deliveries in the spring.The Sainte-C... |
Vietnam 10M16 output up 15%31 October 2016, Published under Cement NewsVietnam’s cement production in the first 10 months of 2016 is estimated to be 64Mta, up 14.9 per cent YoY, according to the government-run General Statistics Office. In October, preliminary figures show a 14.1 per cent rise YoY to 7.1Mt. In the first nine months of the year, the country produced 56.9Mt of cement. Vietnam has 76 cement production lines with a total output of 81.56Mt, supported by limestone reserves that are expected to last for the next 100 years and are able to support... |
Egypt: Ain Sokhna plant a step nearer to reality31 October 2016, Published under Cement NewsA cement company plans to establish a cement factory on the Ain Sokhna desert road with a 1.5Mta clinker production capacity. Ahmed Abdelmoghny, managing director of Premiere Financial Consultants, said that his company seeks to provide funds worth EGP3bn (US$337m) annually to an undisclosed cement company. Moreover, he said that the cement company will upgrade its existing lines. The implementation period of the project is 24 months following the establishment date, with Mr Abdelmoghny n... |
Algeria: cement imports to end by 201731 October 2016, Published under Cement NewsAccording to the Minister of Industry and Mining, Abdessalem Bouchouareb, 2017 will mark the end of cement imports to Algeria: "The year 2017 will mark the end of cement import in Algeria, with the commissioning of all cement plants across the country, whose total annual production capacity is expected to reach 6Mta.” Mr Bouchouareb made the statement during an inspection of a cement plant project in the commune of Timegtane, in the sub-prefecture of Aoulef, 260km east of Adrar. The site ... |
Ageria: moving towards self-sufficiency28 October 2016, Published under Cement NewsThis week Egypt-based ASEC-Group (part of Qalaa Holdings) informed of its agreement to sell off its partly-constructed Djelfa cement plant project in Algeria to investors for US$60m. The facility would have seen the addition of 3.5Mta of cement capacity added to the Algerian market, but the project had stalled when the banks refused to finance the project in 2012. The aim of Qalaa Holdings appears to be to move its core business into other areas, perhaps as the margins in Algeria for ce... |
Egypt: ASEC to sell Djelfa plant project26 October 2016, Published under Cement NewsEgypt-based ASEC Group has reached an agreement with Algerian investors for the sale of a part-constructed cement plant site in Djelfa for US$60m. Information regarding the Algerian investors was not disclosed. The realisation of a 3.5Mta plant in Djelfa was launched by ASEC in 2008 with an investment of US$413m, but due to lack of funding the project failed. In 2012 the Minister of Industry revealed that Algerian banks refused to finance the project. |
Tunisia: new Sidi Bouzid cement works online in 201826 October 2016, Published under Cement NewsTunisia will see a new 1Mta cement plant entering service in 2018 in Sidi Bouzid, according to the Director General of the Manufacturing Industry Brahim Chebli. "This new project whose cost is estimated at TND500m will be launched in 2018," the official said in an interview with African Manager. It is expected that the new works will also generate 300 new jobs. |