Cement News tagged under: international
Indonesia: incumbents suffer as new entrants fight for market share04 April 2016, Published under Cement NewsCement prices in Indonesia are falling as newer firms attempt to win market share from the established players, state-owned Semen Indonesia, HeidelbergCement’s Indocement Tunggal Prakarsa and Holcim Indonesia. A report from Indonesia Investments notes that the entry of five new firms into the Indonesian market has led to production capacity rising above 100Mta, while demand is set to reach just 63Mt in 2016. This has led to heavy downward pressure on prices: a report by Trimegah Securi... |
CRH and HeidelbergCement named in West Bank lawsuit31 March 2016, Published under Cement NewsCRH and HeidelbergCement are among a number of defendants named in a US$34.5bn lawsuit brought on behalf of Palestinians by US lawyers in Washington DC. The case, which was lodged earlier in March, alleges that both firms were among a number of companies and individuals that engaged in "profiteering" from the building of Jewish settlements in the West Bank, the Irish Times reports. The newspaper noted that CRH sold its stake in Israeli cement company Nesher in January and no longer had... |
Colombia's cement market expands 6% in Feb 201631 March 2016, Published under Cement NewsColombia's cement consumption in February rose by 6.1 per cent YoY to 1.046Mt from 0.987Mt the previous year, according to the country's statistics office, DANE. Building companies and contractors supported this rise in particular as they bought 15.2 per cent more cement than in February 2014. Ready-mix companies increased their off take by seven per cent while retail saw a 3.3 per cent advance in volumes. In terms of departments, Atlantic saw the largest rises in demand by 22 per cent,... |
PCA revises down 2016 US consumption forecast30 March 2016, Published under Cement NewsCement consumption in the United States will continue to rise by 3.4 per cent, according to a report from the Portland Cement Association (PCA). This is down slightly compared to its autumn forecast of five per cent. PCA expects 2017 cement consumption will grow at a rate of 4.3 per cent. “The new forecast reflects the implementation of the new multi-year highway bill, Fixing America’s Surface Transportation (FAST) Act,” said Edward Sullivan, PCA chief economist and group vice-presiden... |
India: railway holds talks with cement industry30 March 2016, Published under Cement NewsRavindra Gupta, general manager of South Central Railway (SCR), met with the domestic cement industry to assure them of all possible help from the railways to improve the movement of cement by rail. The general manager advised representatives of UltraTech Cement, Vasavadatta, Kesoram, Vikat Sagar, Manikgarh, Ramco, My Home, India Cements, JayPee, Pennar, Zuari Cements to use the concessions offered by railways in notified Empty Flow Direction routes and plans drawn for short and long lead... |
Myanmar: revived factory plans draw protesters30 March 2016, Published under Cement NewsHundreds of locals in the Karen State capital Hpa-an gathered on Tuesday to voice objections to a recently-revived proposal there to develop a limestone quarry and cement factory, which was put on hold two years ago pending public consultation. Protestors demanded a scrapping of the project, slated to produce 5000tpd of cement in Mi Karen village, part of Hpa-an Township. Residents from dozens of villages fear the cement project, near Kawt Phyan Mountain, will have negative environmental a... |
Vietnam's cement output rises 11% YoY in 1Q1629 March 2016, Published under Cement NewsVietnam is estimated to have produced 11Mt of cement in the first quarter of this year, rising one per cent from a year earlier, the government-run General Statistics Office said. In March the country’s cement output is likely to rise 11 per cent from the same month of last year to 6Mt, the office said in a monthly report released Sunday. The office also revised down the country’s cement output in the first two months to 10.4Mt from earlier estimated of 10.8Mt. The Ministry of Constru... |
India: trucker workers’ dispute leads to plant stoppages29 March 2016, Published under Cement NewsA dispute between two trucker workers’ unions in Kashmir, India, has led to the four cement plants in the region cutting output, resulting in a loss of production of around 2500tpd. According to reports in Rising Kashmir, plants belonging to TCI MAX Cements, Cemtac Cements, Arco Cements and Itifaq Cements have been forced to cut production because of the dispute. The conflict between Zaffron Truckers Union and its newer rival Al Khudam Tipper-Truckers’ Union has failed to reach a settl... |
Chad builds second cement factory29 March 2016, Published under Cement NewsChad Prime Minister, Pahimi Padacké Albert, has laid the first stone for the country's second cement plant. The new works will be located in the southwest, at Ngara. Production capacity in the first year is reported to be 0.5Mt, with an option to upgrade to 1Mta. It is forecast that construction works, carried out by a Chinese contractor, will take 12 months and carry a XOF30bn (US$60m) price tag. The new plant will support the country’s cement requirement and follows the unit current... |
Tanzania: Tanga Cement seal rail distribution deal24 March 2016, Published under Cement NewsTanga Cement Plc and Tanzania Railways Ltd (TRL) signed a Memorandum of Understanding (MoU) yesterday to secure cement delivery by rail to Tanga customers in Kigoma and Mwanza regions of Tanzania. The contract will see TRL transport more than 35,000tpm of cement along its lines, which is equivalent to one third of Tanga Cement’s monthly production, according The Citizen paper. On the day of the first train delivery Mr Reinhardt Swart, managing director of Tanga Cement, said the agreemen... |