Cement News tagged under: international
EC to investigate HeidelbergCement-Schwenk acquisition of Cemex Croatia11 October 2016, Published under Cement NewsThe plans of HeidelbergCement and Schwenk to acquire Cemex's Croatian subsidiary will be subject to review by the European Commission (EC). The transaction would result in the merger of Cemex Croatia, the largest domestic cement producer, with Duna Drava Cement, the largest importer and a subsidiary of the two German cement producers. After a preliminary analysis, the EC concluded that "the proposed transaction would remove a significant competitor in an already concentrated regional ... |
Indonesia: September figures weaker11 October 2016, Published under Cement NewsDue to a lower demand from the domestic housing industry, Indonesian cement sales for the month of September fell 3.3 per cent to 5.64Mt compared to September of 2015, according to the Indonesian Cement Association (ASI). Cement sales fell in Java, Sumatra and Kalimantan, while eastern parts of the country including Sulawesi, Maluku and Papua saw growth, reports Widodo Santoso, ASI chairman. Java sales amounted to 3.11Mt for the month, a drop of five per cent YoY, Sumatra saw a decline of... |
Kazakh cement consumption shows signs of slowing11 October 2016, Published under Cement NewsCement consumption growth in Kazakhstan is expected to decelerate in 2016, breaking with the decade-long trend of demand expansion of 15-30 per cent annually. Only in 2009, consumption dropped. "We anticipate cement demand nationwide to decline by up to five YoY this year, from two per cent growth last year," Javier del Ser, CEO of London-listed Steppe Cement, told the Nikkei Asian Review. Other economic indicators are also sparking fears of a prolonged downturn. Industrial production ... |
Indonesia: minister to bring in regulation to stop capex expansion10 October 2016, Published under Cement NewsIn an effort to curb Indonesia’s burgeoning overcapacity, the government has announced that it is working on a regulation banning the issuance of new permits for cement plants, the Jakarta Post reports. “We’ve been talking about the moratorium as well as some other ways to accommodate existing oversupply”, Industry Minister Airlangga Hartarto said. Other sources in government say that the regulation should be issued some time this year. The country saw a slight increase in nationwide cement... |
UK: Tarmac launches new packaging machine at Tunstead10 October 2016, Published under Cement NewsTarmac has unveiled a new, state-of-the-art cement packing facility at its Tunstead cement site, near Buxton, Derbyshire, UK. The launch comes as the site celebrates its 50th anniversary of cement production. The bespoke Haver and Boecker 10-spout Adams 2000 plant is the first of its kind in the UK. The plant will manufacture Tarmac’s leading range of plastic packed and tubbed cement products for merchant and retail customers. With significant storage capacity, the plant will also be use... |
Uganda: Government to construct plant in Karamoja07 October 2016, Published under Cement NewsIt has been reported that the Ugandan government has plans to construct a cement plant in the Karamoja sub-region through a public-private partnership with Moroto Ateker Cement (MAC). MAC is formed by the Uganda Development Corporation (UDC) and Savannah Mines, a local Karamoja firm, with a shareholding of 51 and 49 per cent, respectively. According to the Uganda Bureau of Statistics, cement production in the country has fallen 14.7 per cent, resulting in higher prices on the back of dema... |
Pakistan: cement sales rise by 3.6% in September07 October 2016, Published under Cement NewsThe All Pakistan Cement Manufacturers Association (APCMA) has announced that cement sales in the month of September rose by 3.55 per cent, reports the Tribune Newspaper. While domestic demand was relatively stable – accounting for around two per cent of the growth – exports, particularly to India, played a key role in sales growth. The APCMA recorded domestic dispatches rose two per cent YoY to 2.54Mt, while exports grew by 11.8 per cent to 0.52Mt. The Association said that a new prope... |
Ghana: cement companies cut prices to win market share07 October 2016, Published under Cement NewsImproving economic conditions and Dangote’s aggressive pricing policies have been blamed for what looks to be a developing price war among Ghanaian cement companies, Ghanaweb reports. Following Dangote Cement’s decision to reduce its price by GHS1.00/bag (US$0.25) in September, Ghacem and others have followed suit, driving down prices throughout the country. The Ghanaian market is dominated by Ghacem, Dangote and WACEM/Diamond, although GhanaWeb’s investigations found that cement impor... |
North Korea: cement production rises in response to flooding07 October 2016, Published under Cement NewsNorth Korean state media have reported that workers at the Sangwon cement plant have increased production by 50 per cent as part of efforts to send aid to the flood-stricken north of the country. The plant has sent over 70,000 tonnes of cement to North Hamgyong Province to help it recover from the floods. The increased output has enabled Sangwon to supply several thousand tonnes of cement a day. |
India: production to resume at Malabar Cements07 October 2016, Published under Cement NewsMinister of Industry, E P Jayarajan, announced that Malabar Cements will resume operations his month. Production was halted on 10 September 2016 as a result of raw materials shortage. Mr Jayarajan said that laterite would be sourced from Kasaragod and limestone purchased from Rajasthan. Production at the company suffered after the then Managing Director, K Padmakumar, was removed from his post following his arrest in a corruption case. The company has had 10 cases of alleged corruption fi... |