Cement News tagged under: international
Romania: sales and profits increase07 June 2016, Published under Cement NewsFor the year 2015 three major cement producers in Romania saw an increase in both sales and profits. Holcim Romania increased its sales by 15 per cent in 2015, achieving a turnover of EUR253m (US$287.5m). The company also reported a net profit of EUR29m, 81 per cent higher compared to 2014. HeidelbergCement reported sales of EUR118m and a net profit of EUR25m, up 19 per cent from the previous year. CRH Romania, which took over Lafarge’s local operations, surpassed competitor Heidelb... |
Nigeria: Nigercem to begin production in Ebonyi06 June 2016, Published under Cement NewsNigercem will soon commence cement operations at the Nigeria Cement Company in Nkalagu, Ebonyi State. A deed was signed to settle terms between Nigercem and representatives from four host communities - Nkalagu, Nkalaha, Umuhuali, Amaezu and the Ebonyi State Government. With the signing of this pact any previous legal battles affecting the reopening of the cement company have been put to rest. Core investor, Ibeto Cement Company, thanked Ebonyi State Governor, David Umahi for creating a... |
Colombia's market expands 5.9% in April03 June 2016, Published under Cement NewsCement dispatches in Colombia rose 5.9 per cent to 1.05Mt in April 2015, according to the country’s statistics office, Dane. Cement production in April reached 1.1Mt, up five per cent YoY and the highest output for April in the past eight years. By region, the department of Córdoba saw the highest increase in cement demand at 27.8 per cent, followed by Risaralda, with 20.8 per cent. Antioquia was reporting a variation of 9.5 per cent. Bolivar and Cesar recorded falls of 17.4 and 18.5 ... |
Sri Lanka: AFKO group may revive KKS plant03 June 2016, Published under Cement NewsAFKO Group GMEX has expressed interest in reopening the Kankesanthurai (KKS) cement plant in the Northern Province of Sri Lanka, according to the country’s Industry and Commerce Ministry. “We are keen to partner in the Kankesanthurai Cement Project and are ready to enter with US$450m as a start. We shall also bring in all the necessary machineries and technology and can start from scratch,” AFKO Chairman, Keun Young Lee said. He added, “We are not limited to KKS. We are keen about cement... |
Mongolia explores export to Russia03 June 2016, Published under Cement NewsWith Mongolia’s cement production on the rise, the country may start exporting its surplus to countries such as Russia. National producers are currently studying the possibilities, according to local news reports. Demand in the country has risen with growing housing and infrastructure requirements. Mongolia’s cement production currently meets about 90 per cent of the domestic demand, which in 2013 reached 2Mt. With a capacity of 1.9Mta in 2013, the country has been importing cement to ful... |
Pakistan cement industry's US$1bn expansion03 June 2016, Published under Cement NewsThe steady growth of Pakistan’s cement industry saw the sector attract investment of US$1bn in the current financial year, an economic survey has revealed. Economic Survey 2015-16, released today by Pakistan’s Ministry of Finance, finds that the cement industry is focussing on capacity expansion in view of ever-growing domestic demand and a focus on exports to African markets. Four companies have already announced further investment plans: Cherat Cement, Attock Cement, DG Khan Cement and ... |
Pakistan: new federal budget to increase cement demand02 June 2016, Published under Cement NewsPakistan’s new federal budget, set to be announced in the next few weeks, looks set to provide a fillip for the country’s cement producers by boosting demand. Through the federal and provincial Public Sector Development Programmes (PSDPs) the government has allocated PKR1675bn (US$16bn) for infrastructure projects, including roads and dams. However, the budget might also change the way in which Federal Excise Duty is applied to cement. Currently the tax is levied at five per cent of retai... |
Cherat Packaging introduce polypropylene sacks02 June 2016, Published under Cement NewsCherat Packaging Pakistan and BSW Machinery have introduced 65g polypropylene sacks to hold 50kg of cement. This new sack technology offers a potential reduction in weight of 20 per cent compared to standard sack weight. BSW said that more than half of the cement factories in Pakistan have trialled and approved the polypropylene sacks, and now use them commercially. |
Ghana: new Dangote plant02 June 2016, Published under Cement NewsDangote Cement have announced plans to establish another cement plant in Takoradi, Ghana. The new grinding plant will have a capacity of 1.5Mta. The company has acquired 41 acres (17ha) of land for the project. |
Algeria: GICA to build cement plants01 June 2016, Published under Cement NewsGICA signed two agreements on Tuesday in Algiers with Chinese equipment manufacturer CBMI (a subsidiary of Sinoma) to build a new cement plant in Bechar and extend the plant in Zahana (Mascara). Owned by GICA subsidiary Saoura Cement Co, the new plant in Bechar will have a capacity of 1Mta and is expected to start production in 2018. Zahana cement plant currently has a production capacity of 1Mta, which will increase the plant capacity 2.5Mta. Work on the extension of this plant is schedu... |