Cement News tagged under: international
Philippines: Norzagaray plant inaugurates Horomill grinding mill16 March 2016, Published under Cement NewsRepublic Cement & Building Materials Inc inaugurated a 0.85Mta grinding mill at its cement plant in Norzagaray, Bulacan province, Philippines, on Tuesday. Renato Sunico, president of Republic Cement, said that the FCB Horomill will lift the cement plant's total grinding capacity to 1.85Mta. The Norzagaray unit now comes under the wing of newly-formed CRH-Aboitiz Co following the divestment of assets by Lafarge Republic Inc last year. |
Vietnam cement and clinker inventory at 3Mt in Feb16 March 2016, Published under Cement NewsVietnam's total cement and clinker inventory last month amounted to 3Mt, most of which included clinker, according to local press reports. State-owned Vietnam Cement Industry Corporation (Vicem), accounted for 64 per cent of the total sum with 2Mt of stock. The country’s total cement and clinker inventory is equivalent to the amount of material for between 15 and 16 days of production, the Xay Dung online newspaper reported March 14. Vietnam's Ministry of Construction forecast that Vietnam... |
Saudi: Eastern Province Cement Co begins trial operations of new mill15 March 2016, Published under Cement NewsEastern Province Cement Co has commenced trial operations of its new 150tph cement mill, with commercial operations set to begin in the second quarter of this year, according to a bourse statement issued Monday. The Saudi cement producer added that the relevant financial impact is difficult to be set at this stage as it depends on market supply and demand. |
CPA: UK construction output falls in January, new orders indicate 2016 growth15 March 2016, Published under Cement NewsFigures published by the UK's Office of National Statistics (ONS) show construction output in January fell by 0.2 per cent and by 0.8 per cent compared with one year earlier. In addition, the ONS orders data indicate that construction new orders in 4Q were 0.5 per cent lower than Q3 but 1.4 per cent higher than a year ago. Professor Noble Francis, economics director at the Construction Products Association, commented: “The fall in the ONS’s construction output in January was disappointing ... |
Indian government clears proposal to amend MMDR Act14 March 2016, Published under Cement NewsThe Indian government has cleared a proposal to amend the mines and minerals law (MMDR Act) to allow the transfer of captive mines granted through non-auction routes, which of late has proved to be a stumbling block for two key acquistions in the domestic cement industry. "The cabinet has approved the proposal allowing transfer of captive mines across sectors. We have received various representations from banks and associations saying the amendment will facilitate a number of mergers and ... |
Pakistan seven-month cement exports volumes and revenues decline14 March 2016, Published under Cement NewsPakistan cement export volumes reached 393,391t on revenues of US$21.1m in January 2016, down 9.52 and 7.8 per cent, respectively compared to the previous month. On an annual comparative basis, the there was a 15.28 per cent decline in volume terms and a 19.14 per cent fall in revenue. During the first seven months of the current fiscal, cumulative exports reached 3.496Mt (US$191.55m) versus 5.045Mt at US$294.71m. This also translates to a YoY fall of 30.69 and 35 per cent in terms of qua... |
Philippines: robust sales expected to continue14 March 2016, Published under Cement NewsRobust cement sales are expected to continue this year, with the industry seen growing another 14 per cent on the back of election-related construction expenditure and government spending on public works, Republic Cement and Building Materials Inc president, Renato Sunico, told The Star. “We in the industry feel that the growth will continue specially being an election year. When we look at the pattern in the demand over the years, every time there is an election year, there is a pickup in ... |
Vietnam monthly sales climb 15% YoY11 March 2016, Published under Cement NewsVietnam’s clinker and cement sales climbed 15 per cent from a year earlier to 6.62Mt in January, the Ministry of Construction said. Of the total 5.12Mt were sold in the domestic market, up 17 per cent YoY while 1.5Mt of cement and clinker were exported, the Xay Dung online newspaper cited the ministry as saying Thursday. The ministry forecast that Vietnam's sales of cement and clinker will rise 4-7 per cent YoY to between 75-77Mt. The sum will include between 59-60Mt of domestic sales and ... |
Indonesia sees 3% rise in Feb sales10 March 2016, Published under Cement NewsCement sales in Indonesia rose three per cent YoY to 4.45Mt in February 2016 from the same month one year earlier. Widodo Santoso, chairman of the Indonesia Cement Association (ASI), attributed the country's rising cement sales to the ongoing development of infrastructure projects across the archipelago. Three regions showed a marked increase in cement sales last month: Sumatra (+16.5 per cent YoY to 2.13Mt), Sulawesi (+33 per cent YoY to 841,000t) and the Moluccas & Papua (+31 per c... |
CEMBUREAU 4Q15 Economic Report: modest growth across EU, some clouds on horizon10 March 2016, Published under Cement NewsCEMBUREAU's Quarterly Economic Report for 4Q15, published yesterday, shows that no EU countries experienced recession in 2015. However, the latest quarterly data revealed that economic growth did not gain momentum in 4Q15 on a quarterly basis, with very modest growth rates recorded in all major EU economies, ie 0.3 per cent in the EU28 and Germany, 0.2 per cent in France and 0.1 per cent in Italy. The European cement association warns that there are growing fears of a deterioration in the... |