Cement News tagged under: international
Pakistan July-November export volumes down06 January 2016, Published under Cement NewsPakistan exports fell to 2.63Mt in the first five months of the current fiscal, down 32.62 per cent YoY, official government data reveals. In terms of revenue, exports declined 35.79 per cent during the July-November 2015 period to US$147.55m. On positive note, in November 2015 alone, Pakistan exported cement 569,620t at US$30.122m compared to 534,889t at $29.72m, translating to a MoM rise of 6.49 and 1.33 per cent in quantity and dollar value, respectively. However, compared with Novembe... |
Swiss cement dispatches drop 7.9% YoY in 201506 January 2016, Published under Cement NewsCement sales in Switzerland fell 4.2 per cent QoQ in the fourth quarter of 2015, according to domestic cement producers’ association, Cemsuisse. For the full year, deliveries decreased by 7.9 per cent YoY to 4.219Mt. The low-carbon cement segment, particularly CEM II, saw a rise of 90 per cent. In 1995, its market share was limited to six per cent. In terms of transport, 51.1 per cent of dispatches took place via rail. |
Groundbreaking ceremony for JSW West Bengal plant06 January 2016, Published under Cement NewsThe JSW Group is set to start construction of a 2.4Mta cement plant in West Bengal, India, with a groundbreaking ceremony to be hosted today. The event will be presided over by Mamata Banerjee, chief minister of West Bengal. It will also be attended by Sajjan Jindal, chairman and MD of JSW Steel. The function is being held in the run-up to Bengal's 'Global Business Summit' on 8-9 January 2016, which is likely to be keenly watched by potential investors. The cement plant is expected to b... |
Philippines: Taiheiyo opens new mill05 January 2016, Published under Cement NewsTaiheiyo Cement Philippines Inc (TCPI), based in Cebu, has launched its new cement mill and has assured stakeholders it can readily obtain additional clinker should cement demand in the Philippines rise. TCPI has recently inaugurated its new finish mill at the Cebu plant and will be able to immediately import clinker from various cement plants owned, affiliated and operated by Taiheiyo Cement Corp (TCC) of Japan. Shuji Fukuda, TCC president, switched on the ceremonial button for the eight... |
Peruvian cement companies plan investments in 201605 January 2016, Published under Cement NewsCement companies operating in Peru aim to continue with large investments in 2016 despite the recent announcement by the country's cement association, Asocem, of low growth in cement consumption during 2015. Asocem recorded that the domestic industry saw cement consumption advance by just three per cent last year, however, this is not deterring cement producers to bring new investment into its plants. Cementos Pacasmayo is set to begin its Fosfatos del Pacifico project costing some US$8... |
South Korea: six cement producers fined05 January 2016, Published under Cement NewsSix local cement makers have been fined a combined KRW199.4bn (US$167.6m) for fixing the prices of cement products and divvying up the market by South Korea's antitrust watchdog, the Fair Trade Commission (FTC). The charged companies are: Ssangyong Cement Industry Co, Tongyang Cement & Energy Corp, Hanil Cement Co, Sungshin Cement Co, Hyundai Cement Co and Asia Cement Co. These cement producers have allegedly colluded on cement prices by controlling output and market share in 2011, accordi... |
India: two new cement plant sites could go to auction05 January 2016, Published under Cement NewsTwo proposed cement plants at Gumma, Chaupal, in the Shimla district and at Nauradhar in the Sirmaur district of Himachal Pradesh, India, could be sold via public auction. The mining wing of the Industry Department is planning to seek cabinet acceptance before bids can be invited for the two sites, but any cement plant allotment can be open for auction, according to the amended Mineral Regulation Development Act (MRDA). The limestone deposits at Nauradhar have a high level of purity and a... |
India: average price declines in December04 January 2016, Published under Cement NewsThe average cement price in India declined by 7.3 per cent YoY in December mainly due to weak demand, according to a report by Reliance Securities published in the Economic Times (India). The national average price of cement dropped to INR285-290 (US$4.28-4.36) per bag last month, compared to INR308/bag in December 2014, according to the report. Regional variances Prices in the northern and western regions saw the biggest correction of between 10-12 per cent. In the eastern and centra... |
Egypt's Ministry of Industry to issue a condition of contract for new production licences04 January 2016, Published under Cement NewsEgypt's Minister of Industry and Foreign Trade, Tarek Qabil, announced that the ministry would issue conditions for tender documents and requirement specifications of cement production in the coming days to meet the future needs of the local market. The minister said that the Cabinet has recently approved defining a fixed value for the cement licences paid to the government based on the economic feasibility, according to a report in Daily News Egypt. The government will also be accepting qu... |
Jaypee gets green nod to expand limestone mining in Andhra Pradesh04 January 2016, Published under Cement NewsJaypee Cement has received the green approval for expansion of limestone mining capacity from 3.47Mta to 6Mta in Andhra Pradesh, entailing an investment of INR950m (US14.3m). The company has commissioned a cement plant with 5Mta capacity and captive limestone mine of 3.47Mta to meet partial requirement of limestone of the cement plant at Budhawada village, in Krishna district. |