Cement News tagged under: international
Paraguay: INC expects price fall in 1Q1708 July 2016, Published under Cement NewsParaguay’s Industria Nacional del Cemento (INC) forecasts a fall in cement prices at the start of 2017 as the cement producer brings online its new cement mill and the fuel conversion of the kiln is completed. An improved quality, quantity and lower production cost will be the benefits of the recent upgrade of the company’s cement works, says Jorge Méndez Cuevas, CEO of INC. The completion of the project will also enable the company to raise output to 80,000 bags per day, he added. The c... |
Vietnam: consolidation unavoidable08 July 2016, Published under Cement NewsAnalysts may ponder whether cement production in Vietnam is entering a crucial phase as this week the Ministry of Construction announced that it would be divesting a large stake in the Vicem cement group with a public offering in the 4Q16. Cement oversupply in the market is increasing while exports have been difficult and as cement prices come under pressure, consolidation appears now unavoidable. Vicem also holds 35 per cent of shares in Holcim Vietnam, a member of the LafargeHolcim Gro... |
Swiss deliveries up 7% YoY07 July 2016, Published under Cement NewsDomestic cement deliveries in Switzerland increased seven per cent in 2Q16 when compared with the previous year. In April-June 2016 dispatches reached 1.25Mt, according to the latest figures published by Cemsuisse, the Swiss cement association. In the year to date, Swiss sales advanced seven per cent to 2.124Mt when compared with the first six months of 2015. |
Bolivia: Itacamba’s highest production figures06 July 2016, Published under Cement NewsBolivian cement producer Itacamba Cemento has reported its highest ever production figure of cement, reaching 20,006t in June 2016 and breaking its previous record of 18,764.65t reported in August 2007. The firm intends to begin production at its Yacuses plant towards in the second half of 2016. Clinker production at the plant should begin in November and cement production in December. |
Belgium: appeal court overturns competition watchdog fines06 July 2016, Published under Cement NewsHolcim, CBR, CCB and Febelcem, the Belgian cement association, have seen the competition watchdog’s judgment to pay a EUR14.7m fine overturned by the Belgian Court of Appeal. The competition authority fined the cement majors and the association for the alleged formation of a cartel to reduce competition in the domestic market, but the Court of Appeal found that such illegal practices did not occur. |
Brazil: Votorantim takes protective measures06 July 2016, Published under Cement NewsPrompted by the unfavourable environment in Brazil and the decline in cement sales in the country, Votorantim Cimentos has adopted new measures in an attempt to maintain its competitiveness. The company will focus on innovation, productivity and performance in strategic markets in the second half of 2016. According to the National Cement Industry Union (SNIC), cement sales fell 13.9 per cent in the domestic market between January and May 2016 compared with the same period last year. In ad... |
Peru: Inka to start Pisco cement plant construction05 July 2016, Published under Cement NewsCementos Inka will begin construction of a second cement plant in Pisco, Peru, in the next few months. This second unit will be situated on a 20ha plot and should begin production in the 4Q17. The US$30m project's environmental impact study has been approved already. Cementos Inka is also evaluating plans for a third production unit capable of 0.5Mta in Piura. This facility is expected to cost US$40m and will occupy 100ha. Construction works on this project could begin half-way through ... |
Rwanda: PPC revenues boosted by Cimerwa05 July 2016, Published under Cement NewsCimerwa Ltd’s contribution to Pretoria Portland Cement’s (PPC) revenues helped cushion the company’s turnover in the six months ending 31 March 2016. According to the Johannesburg Stock Exchange, PPC holds a 51 per cent stake in the Rwandan cement company. While PPC’s results show bases in Botswana, South Africa and Zimbabwe were depressed due to a shrinking market and falling prices, a recently-commissioned plant in Rwanda added almost ZAR200m (US$13.5m) to the group’s revenue. Despit... |
Lebanon cement deliveries rose by 19.6% in 1Q1605 July 2016, Published under Cement NewsFigures released by the Central Bank of Lebanon show that cement deliveries rose by a yearly 19.6 per cent in the first four months of 2016. Cement deliveries actually reached circa 1,575,308t in the first four months of 2016, up from 1,317,325t in the corresponding period of 2015. It is worth recalling that cement deliveries reached 5,042,873t in 2015, down from 5,516,827t in 2014. |
Egypt: new licences may threaten Misr Cement04 July 2016, Published under Cement NewsThe Egyptian government will announce the results of the license 8 tender on 30 July, which will see the addition of new production capacity to compete with current companies in the market. Beltone Financial said that the future of Misr Cement-Qena’s market share is under threat, as the company currently occupies the second position in the market, following Cemex. Beltone has predicted that cement prices in the country will remain low, at a price of EGP500/t (US$56.33/t), until 2018, comp... |