Cement News tagged under: international
UK: new Ecocem cement terminal opened20 April 2016, Published under Cement NewsEcocem, a Dublin-based cement producer, has opened its first UK bulk import terminal along the Manchester Ship Canal, built in partnership with Peel Ports at Runcorn. The new bulk import facility on a one-acre plot will handle cement from Ecocem’s production facility in Dublin Port. From the Runcorn site, it will be processed and transported direct to UK construction projects via road, rail and water. Conor O’Riain, managing director of Ecocem Ireland, said: “We’ve invested in state of... |
South Africa: Cement sales up 7.7% in 201519 April 2016, Published under Cement NewsConsumption of cement in South Africa rose by 7.7 per cent YoY in 2015 following a drop in sales the previous year. According to figures released by PPC, volumes reached 13Mt in 2015 thanks to strong demand from the construction sector. Responding to the news, Business Day pointed to the positive impact from projects to build new power stations and hydroelectric plants. Sales grew fastest in 1Q15, when they were up 15.6 per cent YoY. Growth in Q2 was slower at 1.5 per cent, with volume... |
Georgia: new US$100m Senaki cement plant ordered19 April 2016, Published under Cement NewsA new cement plant will be built in Senaki, Georgia. This project was discussed in detail at a meeting between the Georgian Prime Minister and local businessman Cezar Chocheli who owns Interplast LLC, a plastics company. Cement produced in Senaki will target both local and export markets, reported Prime News Agency. The US$100m project is implemented in cooperation with a Chinese company. Construction work will start in June, employing 500 people. According to Cezar Chocheli, just as many ... |
Pakistan: Builders hit out against high cement prices19 April 2016, Published under Cement NewsThe Chairman of Pakistan’s Association of Builders and Developers (ABAD), Hanif Gonar, has accused the country’s cement manufacturers of keeping prices artificially high. In a report in the Daily Times, Mr Gonar pointed to recent statements by the head of the All Pakistan Cement Manufacturers Association, Muhammad Ali Tabba, who claimed that taxes on gas and coal meant the industry was unable to reduce it charges. This was not the case, the ABAD chairman, insisted. He claimed that the ... |
Pakistan: Producers to invest up to US$1bn in CAPEX18 April 2016, Published under Cement NewsCement producers in Pakistan will invest between US$700m and US$1bn in expanding capacity over the next few years, according to Mohammad Ali Tabba, chair of the All Pakistan Cement Manufacturers Association. According to an interview with Mr Tabba in the Nation, four companies have already announced expansion plans: Cherat Cement; Attock Cement; DG Khan Cement; and Lucky Cement. Capacity in 2015-16 stands at 45.6Mta. Despite this investment, Mr Tabba noted that the industry was not rec... |
Indonesia: Widodo to meet with cement plant protestors18 April 2016, Published under Cement NewsIndonesian president Joko Widodo will meet with nine women who encased their feet in concrete in protest over the construction of a cement factory in Java. According to reports in JKT Globe, the women are objecting to the planned construction of a Semen Indonesia plant near Mount Kendeng in Rembang district, Central Java. "The nine women have been promised a meeting with the president, and they believe that they have achieved their objectives," said Yunita, a lawyer at the Jakarta Leg... |
Holcim Philippines forecasts 8-10% volume growth14 April 2016, Published under Cement NewsThe head of Holcim Philippines CEO, Eduardo A Sahagun expects the local cement industry to sustain its bullish run this year with sales volume seen growing by as much as 8-10 per cent. This was on the back of increased infrastructure spending by the government and the continuing construction activities of the private sector, said Mr Sahagun. The growth was attributed to higher public spending and the continued confidence of the private sector in the economy. In an interview with the In... |
India: Cement stocks rise as demand recovers14 April 2016, Published under Cement NewsIndian cement manufacturers are set to continue the strong performance which has seen their stocks outperform the BSE Sensex by a factor of ten over the past month. In this period, the Economic Times reports, India Cements’ shares are up 23 per cent, ACC is up 18 per cent, JK Cement and JK Lakshmi Cement are up 16 per cent, Ramco Cements is up 14 per cent and Ambuja Cements is up 12 per cent. The market as a whole, as tracked by the Bombay Stock Exchange’s Sensex index, is up just 1.2 per... |
CECE report states EU construction equipment industry is transforming14 April 2016, Published under Cement NewsThe European construction equipment industry is confidently looking towards the future and ready to embrace the transition into the digital era, with a stronger-than-ever focus on technology leadership and customer needs, according to the latest construction report by McKinsey & Co and CECE. “We are determined to serve our customers well in the midst of multiple trends facing our industry. Being at the technical forefront is critical for us,” said Bernd Holz, CECE president and sales direct... |
Saudi Arabia lifts ban on cement exports as construction sector slows13 April 2016, Published under Cement NewsA senior official in Saudi Arabia has said that the kingdom's ban on cement exports has been lifted. According to reports from Reuters, the ban - imposed in 2008 and renewed in 2012 - has been overturned because of a slowdown in the construction sector, which has led to an oversupply of cement. Dr Ahmed Zugail, director general of Yanbu Cement Company and deputy head of the National Committee for Cement Companies, told the Al Riyadh newspaper that he welcomed the news, given that Saudi... |