Cement News tagged under: international
Syria: Lafarge protected interests from ISIS22 June 2016, Published under Cement NewsAccording to French newspaper Le Monde, Lafarge entered into deals with armed groups in Syria, including the Islamic State, to protect its staff and business interests in the country. Lafarge is yet to respond to queries from Agence France-Presse (AFP), saying only that "Lafarge's absolute priority has always been ensuring the safety and security of its staff." The Jalabiya cement works, situated 150km northeast of Aleppo, purchased by Lafarge in 2007 is at the centre of the ‘deals’ alleg... |
Philippines: Bullish Ordoñez opens Cemtech Asia21 June 2016, Published under Cement NewsThe Philippines will see cement consumption continue its upward momentum as the incoming Duterte administration maintains its predecessor's focus on public works. That was the message delivered by the President of the Philippines Cement Manufacturers Association (CeMAP), Ernesto Ordoñez, in the opening session of the Cemtech Asia 2016 conference in Manila. Ordoñez spoke of his recent meeting with President-elect Duterte in which the latter assured him that he was committed to maintainin... |
Indonesia: Semen Indonesia looks to international markets21 June 2016, Published under Cement NewsAmid prospects of disappointing revenue growth in the domestic market, Semen Indonesia is looking offshore to expand its sales figures. Newly appointed head of PT Semen Indonesia, Rizkan Chandra has said that he wants to raise the company’s sales outside of Indonesia from 5.2 per cent of revenue in 2015 to 10-15 per cent over the next three years. In an interview Mr Chandra said operations may expand into Bangladesh, Sri Lanka and the Maldives, with operations already present in Vietnam. ... |
Nepal: planned entry of foreign cement giants21 June 2016, Published under Cement NewsThe proposed entry of foreign cement manufacturers into the Nepalese market has set off an expansion drive amongst domestic producers. Dangote Cement of Nigeria, Reliance Cement of India and Hongshi and Huaxin of China have all been given necessary approvals to begin operations in Nepal. The combined FDI for these companies amounts to US$1.45bn and the total proposed output stands at 22,000tpd. This increase in capacity by foreign companies has created unrest among domestic manufacturers.... |
Paraguay: INC undergoes maintenance work21 June 2016, Published under Cement NewsParaguayan cement company Industria Nacional del Cemento (INC) will carry out maintenance work in Villeta for six days, suspending production there from 20 June 2016. The cement producer does not expet the maintenance work to affect cement supply. The firm is still going head with a number of projects that will save it a substantial sum each year, reports Esmkla. |
Peru: Unacem invests in power projects21 June 2016, Published under Cement NewsUnacem will invest in two separate power generation projects in 2016. Through Compania Electrica El Platanal it will invest in Carpapata III in its plant in Condorcocha in Junin. It will also invest US$60m (EUR 53.18m) in a hydroelectric plant in Maranon that is due to begin operations in 2016. |
Uganda: drop in cement production20 June 2016, Published under Cement NewsAs cement production has decreased and cement prices increased, the construction sector has slowed down. According to the Uganda Bureau of Statistics (UBOS) there was a low production of cement between March and April 2016 for "major cement producers in the country", which in turn led to a slump in the construction sector. Tororo Cement and Hima Cement are the largest cement producers in Uganda. The cement industry reported a 14.7 per cent drop in growth as a result of the higher cost pro... |
Kazakhstan: constructions begins on Kyzylorda plant20 June 2016, Published under Cement NewsConstruction on a 560,000tpa capacity cement plant has begun in the Kyzylorda region of Kazakhstan, reports the regional akimat. The investment project valued 30.2bnt (US$89.2m) is between Meliorator Ltd and Russian company Global Security. Som 250 workers are helping with construction and after the launch of the plant 320 work places will be opened. "Due to use of new technologies the plant will be environmentally friendly industry. It will be the first cement plant in the region," said K... |
PPC planning for the long term17 June 2016, Published under Cement NewsSouth Africa's cement market expanded 7.7 per cent in 2015, but a more competitive environment including new entrants and imports has placed pressure on incumbents, not least the market leader PPC. The company is now facing short-term funding issues as it seeks to execute new projects in Ethiopia, DR Congo and Zimbabwe, but in the long term a more diversified portfolio will strengthen the company. Updating shareholders this week, PPC reported that operating profits fell by three per cent ... |
Peru cement demand up 1.4% in May16 June 2016, Published under Cement NewsPeru’s cement consumption increased by 1.4 per cent YoY in May, according to the Asociación de Productores de Cemento. Total deliveries, which include exports, increased 1.9 per cent. Production slipped 0.2 per cent when compared with May 2015. “During the fifth month of 2016, cement production fell slightly but national and total dispatches continued to grow,” said the cement association. |