Cement News tagged under: international
Holcim New Zealand opens cement terminal at Port of Timaru26 February 2016, Published under Cement NewsHolcim New Zealand officially opened its new cement terminal at the Port of Timaru on Thursday. The facility includes a 30,000t storage dome – a first for New Zealand – and has unloaded two ships since December, according to local press reports. The Port of Timaru terminal provides Holcim access to the major market of Christchurch, utilising the silo capacity completed in January 2014 at the Lyttelton Port of Christchurch. It also provides distribution to the whole of the South Island mark... |
Mexico: cement prices rise 6.7% in 201525 February 2016, Published under Cement NewsCement prices in Mexico have risen 6.7 per cent in 2015, according to the National Institute of Statistics and Geography (INEGI). It is the highest price advance recorded since 2008. The increase has been attributed to the strength of the US dollar vs the Mexican peso. In 2015 Cemex, the largest cement producer in the country, hiked its prices by 10 per cent to protect its margins, a step which was quickly followed by other cement companies. In 2014 Cemex raised its prices by two per cent... |
Recognition for Taiheiyo Cement Corp's CSR Report 201525 February 2016, Published under Cement NewsTaiheiyo Cement Corporation’s CSR Report 2015, published last September, has been awarded the “Excellence prize for special recognition” in the environmental reparation section of the 19th Environmental Communication Awards, sponsored by Japan’s Ministry of the Environment and the Global Environmental Forum. Established in 1997, the Environmental Communication Awards promote efforts in corporate environmental management and environmental communication, and aim to raise the quality of inform... |
Euro area construction output down 1% in 201525 February 2016, Published under Cement NewsAverage production in construction for the year 2015, compared with 2014, decreased by one per cent in the euro area and increased by 0.8 per cent in the EU28, according to first estimates from Eurostat, the statistical office of the European Union. In December 2015 alone, compared with November 2015, seasonally-adjusted production in the building sector fell by 0.6 per cent in the euro area (EA19). In November 2015 production in construction grew by 0.9 per cent in the euro area and b... |
India: new CMA president elected24 February 2016, Published under Cement NewsShailendra Chouksey, whole-time director of JK Lakshmi Cement Ltd, has been unanimously elected as the new president of the Cement Manufacturers' Association of India (CMA). Mr Chouksey previously held the position of vice-president of the association. The CMA elects a new president after every two years. In his new role, Mr Chouksey replaces OP Puranmalka, managing director of UltraTech Cement. With nearly 40 years of industry experience, Mr Chouksey has a PhD in managerial economics.... |
Senegal: cement output increases 13% in 201524 February 2016, Published under Cement NewsCement production in Senegal rose 12.9 per cent in 2015 when compared with the previous year, according to the country’s Directorate of Economic Forecasting and Studies (DPEE). Cement producers Sococim and Cements du Sahel expanded their output from 4,939,200t in 2014 to 5,576,000t in 2015. The rise has been mainly attributed to a 22.3 per cent increase in export sales, which jumped from 1,842,300t to 2,253,800t over the same period. Domestic sales rose by 6.4 per cent at 3,317,200t, ... |
Loan agreed for phase 2 of Song Lam cement plant24 February 2016, Published under Cement NewsThe Bank for Investment and Development of Vietnam (BIDV) has agreed to lend the Hoang Phat Vissai Group VND7trn (US$311.11m), the lion's share of which will go towards developing the Song Lam cement plant in the central Vietnamese province of Nghe An. Under the agreement, which was signed at the 2016 Spring Meeting, VND6.02trn of the total will be used to develop Phase 2 of the Song Lam cement plant and VND965bn for the construction of international seaport project in Nghi Thiet commune, N... |
Panama’s cement production drops 8.6%24 February 2016, Published under Cement NewsCement production in Panama fell 8.6 per cent in 2015 as less product was required for the Panama Canal expansion. Total domestic output reached 1.996Mt, down from 2.184Mt in 2014. There was mixed news for the country’s construction sector with a YoY rise in residential building permits of 21.6 per cent to the value of PAB1251m. However, non-residential building permits decreased by 8.6 per cent to PAB820m. |
Lucky 1H performance and project update23 February 2016, Published under Cement NewsOne of Pakistan's largest cement producers and exporters, Lucky Cement Co, declared a profit after tax of PKR6255m (US$59.8m) during the first half of fiscal 2015-16, representing a YoY rise of 11.7 per cent. Meanwhile, the company is progressing with plans for a new integrated plant in Pakistan's Punjab province, as well as new waste heat recovery unit at Pezu. The company's volumes over the six-month timeframe rose by two per cent YoY to 3.32Mt, driven by a 19.7 per cent advance in dome... |
Pakistan: Maple Leaf secures funding for power plant23 February 2016, Published under Cement NewsA consortium of Pakistan banks has opened a letter of credit to Maple Leaf Cement Ltd's (MLCF) via its wholly-owned subsidiary Maple Leaf Power Ltd amounting to US$27.20m for the import of a complete 40MW coal-fired power plant. The consortium consists of the Bank of Punjab, National Bank of Pakistan and MCB Bank Ltd. Maple Leaf Power has signed an agreement with Sinoma Energy Conservation Ltd (China) to set up the coal-fired power plant at MLCF's cement plant site in Iskandarabad, Mia... |