Cement News tagged under: international
Kenya: Savannah Cement, Kenyatta University collaboration10 June 2016, Published under Cement NewsKenyan cement producer Savannah Cement has signed an agreement with Kenyatta University to collaborate in areas such as innovation, student internships, joint research activities and capacity building. Managing Director of Savannah Cement, Ronald Ndegwa, said the company will provide the necessary support to accelerate Kenyatta University's academic and infrastructure development projects. "With the signing of this partnership with Kenyatta University, Savannah Cement is effectively exten... |
Pakistan: producers eye northern construction growth10 June 2016, Published under Cement NewsThis week saw further evidence of resurgent growth in Pakistan’s cement industry as dispatches rose 10.6 per cent YoY. With the All Pakistan Cement Manufacturers Association (APCMA) relating that the growth in cement sales was solely down to higher domestic demand, there is much for the country’s cement producers to be enthusiastic about going forward, especially if they have strong representation in the north. Overall, per capita cement consumption is one of the lowest in Asia at 166kg, off... |
Nigeria: producers hit by falling prices now face naira devaluation09 June 2016, Published under Cement NewsThe devaluation of the naira – agreed in principle by the Central Bank of Nigeria in May – will hit Nigerian producers’ revenues, Bernstein warns. The decision to revalue marks a reversal of course by the government, which had for some time faced calls to allow the currency to depreciate. Bernstein’s analysis focusses mainly on the implications for LafargeHolcim as the only major with a significant presence in Nigeria. It concludes that the company – already facing pressure from a 20 per ... |
India: cement volume growth09 June 2016, Published under Cement NewsVolume growth in the Indian cement market increased by 12-18 per cent in the quarter ending March 2016 compared to the 4.7 per cent drop seen in the corresponding quarter last year. This level of growth is the largest seen in the last six quarters, and the only growth to reach double digits, as reported by The Economic Times, India. Due to lower petcoke and coal prices the cost of producing 1t of cement fell by 8.6 per cent to INR3517 (US$52.70) YoY. Medium and small companies in the c... |
Ghana: bulk cargo jetty for Tema port09 June 2016, Published under Cement NewsA newly-built bulk cargo jetty has become operational at the Tema port, Ghana, possessing the capacity to hold hour larger vessels at any given time. The jetty will prevent bulk cargo vessels having to stay on anchorage for long periods due to inadequate space. The facility financed by the Ghana Ports and Harbours Authority (GPHA) cost US$132m and has increased the port’s vessel berthing capacity from 12 to 16. The GPHA hopes that this new handling space will attract larger vessels that w... |
Cement sales in Cyprus rise 15% in May09 June 2016, Published under Cement NewsThe sale of cement on the domestic market rose 15 per cent in May to 43,887t compared to the respective month of 2015 after rising 40 per cent in April, the statistical service said. In January to May, total sales of cement on the domestic market, which reflects construction activity, rose 33 per cent to 170,684t, Cystat said in a statement on its website. |
Thailand: SCG improves customer convenience09 June 2016, Published under Cement NewsSCG Cement-Building Materials, a unit of Siam Cement Group, has revamped its key online and offline customer contact points as part improving its customer services. "The main purpose is to enhance convenience for our customers, rather than for sales," said Nithi Pattarachoke, vice president for the domestic market of SCG Cement-Building Materials. Previously, SCG only manufactured and sold its products to its customers, but in recent years it has started to pay attention to the whol... |
Cameroon: Government hopes Mintom quarry will bring down cement prices08 June 2016, Published under Cement NewsThe government of Cameroon has called on investors to help develop the Mintom limestone deposit, located in the country’s southeast, in the hope that this would lead to lower cement prices. According to Business in Cameroon, the Director of the Institute of Geological and Mining Research told business leaders last week that a quarrying operation in Mintom would lead to a fall in cement prices on the order of 50 per cent. Before 2015 Cameroon had only one cement producer, Cimenteries du... |
Pakistan: cement dispatches rise 10.6% YoY in year to May 201608 June 2016, Published under Cement NewsCement dispatches in Pakistan totalled 35.5Mt in the period July 2015 to May 2016, up 10.55 per cent on the corresponding period of last fiscal year, the All Pakistan Cement Manufacturers Association (APCMA) has announced. The APCMA reports that the growth in consumption is solely due to higher domestic demand. Overall domestic dispatches from plants in northern Pakistan increased by 16.6 per cent to 24.7Mt. Dispatches from southern plants rose more quickly – by 23.7 per cent – but volume... |
Iran: cement exports exceed 15Mt08 June 2016, Published under Cement NewsIn the year March 2015-2016 Iran produced more than 60Mt of cement, resulting in 15.9Mt of exports to Afghanistan, Iraq, Kuwait and Qatar. Iranian cement production accounted for approximately two per cent of global production in the given year, making the country the seventh-largest cement producer in the world, slipping from fourth position in the previous year. Iran aims to increase its production and exports to 120Mt and 32Mt, respectively, by year end 2020. |