Cement News tagged under: international
Pakistan: 13% YoY surge in cement sales boosts producers' profits11 May 2016, Published under Cement NewsPakistan's cement industry's profit rose 30 per cent to PKR45.169bn (US$431.6m) in the first nine months of the current fiscal year as there was a surge in sales, supported by soft oil and 11-year low coal prices, according to the Topline Securities Ltd brokerage. In the July-March period of the last fiscal year, the local industry earned PKR34.847bn. The profitability growth was supported by 13 per cent YoY growth in sales as a result of higher local dispatches, firm local pricing, 802 b... |
Industry guidelines launched for dust-free paper sacks11 May 2016, Published under Cement NewsThe European Sack Group, a collaboration between CEPI Eurokraft and EUROSAC, have published the first Industry Guidelines for dust-free paper sacks online. The document provides guidance and best practices for manufacturers of sacks for the building materials market and their clients. Elin Floresjö, secretary general of CEPI Eurokraft, said: “With the Industry Guidelines, we aim to provide a service instrument for sack manufacturers and their clients and support them to reduce dust in the... |
Argentina: cement sales fall by over a quarter10 May 2016, Published under Cement NewsArgentina’s cement market contracted 27.6 per cent YoY in April 2016, according to the latest data from Asociación de Fábricas de Cemento Portland (AFCP). Total cement sales, including exports, fell 31 per cent during the period. The fall in domestic sales has been attributed to the economic recession and the decision by the government to delay key infrastructure works. As a result, the country’s cement association now forecasts cement dispatches for 2016 to reach 10.5Mt, some 13.4 per c... |
Indonesia: cement sales up 5% in 1Q1609 May 2016, Published under Cement NewsIndonesia's domestic cement sales rose to 14.43Mt in 1Q16, up five per cent from the same period last year of 13.84Mt. The rise appears to be driven partly by the development of government infrastructure projects, power plants and smelter projects. The Head of Indonesia Cement Association (ASI), Widodo Santoso, was quoted by Investor Daily as saying that the rise of cement sales was as expected by ASI. “We hope the sales will increase in the coming months.” |
Ethiopia: 32 mining licenses revoked09 May 2016, Published under Cement NewsEthiopia’s ministry of mines, petroleum and natural gas has revoked mineral exploration and production licenses of 32 companies due to lack of financial capacity and for failure to fulfill their duties, a top government official said. Due to a lack of results and financial capacity, nine of the companies returned their licenses voluntarily, Mr Gebregziabher explained. However, licenses of the remaining 23 companies were cancelled due to failure to discharge their duties properly, he said.... |
Afghanistan: workers at Ghori cement plant kidnapped09 May 2016, Published under Cement NewsTwo armed men have kidnapped 15 workers at Ghori cement plant and Afghan Coal in Baghlan, northeast Afghanistan, according to Tolo News. The incident took place on Sunday morning. The men also took military equipment from the companies and planted green flags on the buildings. Ghori cement works is the country's one of two operating cement plants and is estimated to produce around 0.04Mt of cement annually, less than one per cent of total domestic demand. In late March, the Jabal Sar... |
Pressure put on HeidelbergCement to close West Bank quarry06 May 2016, Published under Cement NewsGermany's HeidelbergCement is looking for a new site in the Israeli-occupied West Bank following long-standing criticism from investors about its operations in parts of the territory that are fully under Israel's control. HeidelbergCement excavates sand and gravel in the West Bank's resource-rich Area C, which is administered by Israel and is home to the vast majority of Jewish settlements. The Palestinians want all of the West Bank, including Area C, which accounts for 60 per cent of the ... |
Cemex develops fire-resistant and explosion-proof concrete05 May 2016, Published under Cement NewsCemex Mexico announced today that its developed a fire- and explosion-resistant concrete designed specifically at first to safeguard data processing centre, Proyecto Q, of the Santander Group, in Querataro, Mexico. Located only 20m away from a petrol station, the centre was vulnerable to the effects of potential thermal radiation (fire) and overpressure (explosion). The Santander Group turned to Cemex for the design and construction of a perimeter wall capable of withstanding both scenari... |
India: mining law changed to assist cement mergers03 May 2016, Published under Cement NewsThe upper house of India’s parliament on Monday approved an amendment to the mining law, allowing the transfer of mines from sellers to buyers in a victory for the State Bank of India (SBI) that had lobbied for the change. Mines Secretary, Balvinder Kumar, told Reuters the changes were mainly aimed at helping companies sell limestone mining licences along with their cement plants. It could also facilitate a merger of the Indian assets of France’s Lafarge and Switzerland’s Holcim after a... |
Pakistan: Cement exports rise to 0.53Mt in March03 May 2016, Published under Cement NewsThe All Pakistan Cement Manufacturers Association (APCMA) has welcomed the news that cement exports rose to 0.53Mt in March 2016, up 20.6 per cent YoY. Exports have risen for two months in a row, bringing to an end a long run of disappointing figures, including a YoY fall of 34 per cent in September 2015. Despite the present turnaround, exports for the year to March are down 19 per cent on the preceding 12 months. The Nation reports APCMA Chairman, Muhammad Ali Tabba, as stating that t... |