Cement News tagged under: international
CMA publishes final cement price announcement order26 January 2016, Published under Cement NewsThe Competition and Markets Authority (CMA) has published its final order prohibiting cement suppliers in Great Britain from sending generic price announcement letters to their customers. The CMA first consulted on the proposed order in September 2015 and following changes made as a result of responses received, consulted on an amended version in December. The order sets out that suppliers of cement and cementitious products in Great Britain (GB) will be prohibited from sending generic pri... |
Siam Cement Group eyes Vietnam expansion26 January 2016, Published under Cement NewsThailand's Siam Cement Group plans to expand its operations in Vietnam, especially in the cement and petrochemical sectors. "Our target is that we must have a cement factory here, but by when we still cannot say. We're studying if we should invest on our own or through a joint venture," Dhep Vongvanich, SCG's Vietnam executive director, told The Nation newspaper. Meanwhile, Vongvanich added that SCG would continue with the construction of the US$4.5bn Long Son integrated petrochemical... |
Dem Rep Congo: cement price notes 10.6% drop in Kinshasa25 January 2016, Published under Cement NewsThe price of cement in the Kinshasa market experienced a -10.6 per cent fall. The price of a 50kg bag fell from CDF12,300 (US$13.34) to CDF11,000. The price fall is due to a combination of factors including the low activity on building sites, particularly following Christmas and New Year as well as a scarcity of bank notes in circulation. Normal sales of cement reach around 50-100 bags per day. |
CPA: Construction products sales slow in 4Q but 'optimism for 2016 remains'25 January 2016, Published under Cement NewsThe Construction Product Association’s latest State of Trade Survey reports a slowdown in growth in sales of construction products in the fourth quarter of 2015, owing to domestic weakness and a fall in export sales. Sales nonetheless achieved their 11th-consecutive quarter of growth and were still significantly higher on an annual basis. Manufacturers also remain optimistic about domestic and overseas prospects for 2016. Key points include: • A balance of five per cent of heavy-side fi... |
Indonesia: exports offset slower domestic sales22 January 2016, Published under Cement NewsCement industry statistics show that full-year 2015 consumption in Indonesia increased by 0.8 per cent YoY to 60.4Mt, while including exports, sales were up by 2.1 per cent to 61.448Mt. While December 2015 showed a rise in Indonesian sales (+2 per cent including exports) the full-year figures are only modestly higher due to the poor sales in the earlier months of 2015. Exports (with a full-year increase of +209.9 per cent) offset relatively slow domestic sales. The country's largest c... |
US recovery to hold firm?22 January 2016, Published under Cement NewsWith this week seeing equity markets in turmoil and concerns over global economic growth conditions intensifying, question marks have been raised over whether US construction activity will be able to hold firm. Recent indicators are largely supporting expectations of continued growth in US construction activity. The latest housing data for December showed continued strong growth in both permits and starts, which were up by 15 and six per cent, respectively. Broader economic statistics als... |
Construction output 0.8% in euro area21 January 2016, Published under Cement NewsIn November 2015 compared with October 2015, seasonally-adjusted production in the construction sector increased by 0.8 per cent in the euro area (EA19) and by 0.7 per cent in the EU28, according to first estimates from Eurostat, the statistical office of the European Union. In October 2015 production in construction grew by 0.6 per cent in the euro area and by 0.2 per cent in the EU28. In November 2015 compared with November 2014, production in construction expanded by 2.1 per cent in the ... |
US November shipments - preliminary data21 January 2016, Published under Cement NewsPreliminary data from the US Geological Survey shows that Portland and blended cement shipments in November 2015 reached 7.3Mt including 767,000t of imports. Shipments for the year to the end of November totalled 84.93Mt, the provisional data shows. Of the total, imports represented 8.93Mt. Clinker production in November was 6.76Mt and for the first 11 months of 2015 reached 69.62Mt, according to the preliminary figures. |
New Cameroon plant agreement signed21 January 2016, Published under Cement NewsMira Company has signed an agreement with the Cameroon’s Ministry of Industry and Technological Development to construct a 1Mta cement plant in Douala. The deal allows the Swiss engineering company to benefit from provisions in Cameroon’s law which offers incentives to private sector investors in the central African country. Shandong Design and Research Institute has reportedly been awarded the contract for the project. The plant is expected to be officially put into operation by the end o... |
Zambia: New Ndola plant under planning20 January 2016, Published under Cement NewsThe Zambia Consolidated Copper Mines Investment (ZCCM-IH) is planning to establish a 5000tpd cement plant in Ndola, the Times of Zambia reports. ZCCM-IH Chief Executive Officer, Pius Kasolo, said the plant, which would be set up at Ndola Lime in the Copperbelt, would be completed in three years. “We have diversified and we are planning to set up a cement plant in Ndola with an initial investment of about US$600m," Dr Kasolo told the national daily. The company will be generating its own e... |