Cement News tagged under: international
Nepal: cement and clinker imports hit US$154m28 September 2016, Published under Cement NewsThe value of clinker and cement imports to Nepal in FY16 amounted to NPR16.4bn (US$155m), Republica reports. The country imported clinker worth NPR9.84bn in FY16, up by 17 per cent on the previous year. In the same period, imports of finished cement reached PKR6.54bn. Dhurba Thapa, president of Nepal Cement Manufacturers Association (NCMA), stated that rising clinker imports were a sign of the country’s increasing productive capacity: "As production of cement is increasing, it is only ... |
World Cement Association launched28 September 2016, Published under Cement NewsTuesday 27 September saw the launch of The World Cement Association (WCA), which will represent and promote the cement industry worldwide. The association will give its members access to comprehensive statistical data, host industry events, seminars and awards. It also strives to promote industry best practice at all levels, especially in emerging markets, with a focus on sustainability, health and safety, climate change and fair trade practices. WCA corporate members will include worldwi... |
China: cement prices to remain strong in 2H1627 September 2016, Published under Cement NewsChinese cement prices are predicted to rebound strongly in the remaining three months of the year, say analysts, thanks to rising domestic home prices, which have also boosted the share prices of cement manufacturers listed in the mainland and in Hong Kong. Total revenue of the 17 cement makers listed in the A-share market grew 4.8 per cent in 2Q16, while net profit hit CNY4.81bn (US$721m) reports South China Morning Post. Growing numbers of mortgage applications have pushed up the avera... |
Uganda: Hima to open new plant27 September 2016, Published under Cement NewsHima Cement is set to invest US$40m in a new plant in Tororo with a view to raising its output to 1.8Mta. The company's CEO, Daniel Pettersson, said the decision was a step to address the rising demand in east Africa. Mr Pettersson said, “We are embarking on several projects, starting with the construction of a grinding station at the end of 2016.” Hima is the second manufacturer to gain a presence in Tororo, following Tororo Cement’s lead. Tororo Cement is also set to expand its capacity... |
Natural gas price to rise but thermal coal to fall in 201727 September 2016, Published under Cement NewsGlobal oil production fell in 2Q16 as the decline in no-OPEC fields is no longer offset by OPEC growth but is expected to remain largely unchanged in 2017, particularly has there has been no double-digit growth in new investments. Demand in 2017 is forecast to grow by 1.2mbd, resulting in a Brent price of US$61/bbl, according to Bank of America Merrill Lynch (BoAML). Natural gas prices fell in 2016 to US$2.30/mBtu on the back of muted demand and falling US output. However, going forward, B... |
Caribbean Cement Co invests US$5.5m to double output26 September 2016, Published under Cement NewsFollowing a US$5.5m investment to increase its capacity, Caribbean Cement Co Ltd has promised its customers that the restricted supply of its cement on the market will be rectified within 72h. The company noted that there had been reports of a flitch in the supply chain to local markets, but this has since been addressed and normal delivery times and volumes have been restored. A statement from Caribbean Cement read, “In recent months the company has embarked on a JAD700m (or US$5.5m) ove... |
Kyrgyz Republic: Shangfeng Kemin plant construction halted but government supported26 September 2016, Published under Cement NewsThe Kyrgyz State Environmental and Technical Safety Inspectorate has suspended the construction of a cement plant by Shangfeng Z Cement LLC on 17 August 2015 for violation of the law on urban planning and architecture, lack of construction permit and the state’s examination of project documentation. However, Governor Bakytbek Kudaibergenov has said the state will support the construction of the cement plant in Kemin district, Chui region. "The plant could reach a consensus with the Datka-... |
Vietnam: domestic cement consumption could reach 80Mt by 202022 September 2016, Published under Cement NewsCement consumption in Vietnam will this year reach 60Mt, while 15.5-17Mt of cement and clinker will be exported, claims Vietnam's Cement Association Chairman, Nguyen Quang Cung. Mr Cung said Vietnam's total productivity was estimated to reach 95Mt by 2020, of which domestic consumption would increase by 5-5.5Mta, reaching 80Mt. The remaining volume of 15Mt would be be shipped overseas. "Vietnam will be able to meet the increasing demands of production and export of cement and clinker by... |
Oman: Raysut Cement raises capacity22 September 2016, Published under Cement NewsRaysut Cement announced that the new gas supply station has been commissioned at its Salalah plant and commercial operation has already begun. The new gas supply station will enable Raysut to increase its cement production capacity from 130,000tpa to 140,000tpa. The company said that its project with Barwaaquo Cement Company in Somaliland is also making good progress. The construction of the Duqm terminal has been completed and all necessary formalities are currently being processed. Comm... |
Dalmia launches premium brand21 September 2016, Published under Cement NewsDalmia Cement Bharat has launched its new premium brand, Dalmia DSP Cement. B K Singh, Dalmia senior executive director and group head, said the new cement brand will first be available in Tamil Nadu. The new cement is said to make concrete buildings more durable and will be packed in a way that will allow for longer storage, even during rainy seasons. Executive Director, K Swami Nathan, said that the launch gives Dalmia the opportunity to maximise customer preference, adding that it woul... |