Cement News tagged under: international
Ferus Smit delivers world’s first LNG-powered cement tanker31 December 2015, Published under Cement NewsIn the weeks before Christmas 2015, Ferus Smit delivered her Nb. 423, the first LNG powered cement tanker to her owners. The delivery was preceded by an extensive programme of trials and tests in which the proper working and safety of all systems was verified. Finally on Wednesday, 23 December 2015 MV Greenland left the harbour of Delfzijl, The Netherlands, on her first commercial voyage to Rostock, Germany, where she will receive her first cement load. MV Greenland is a dedicated cement... |
Production in construction up by 0.5 per cent in euro area31 December 2015, Published under Cement NewsIn October 2015 compared with September 2015, seasonally adjusted production in the construction sector increased by 0.5 per cent in the euro area (EA19) and by 0.1 per cent in the EU28, according to first estimates from Eurostat, the statistical office of the European Union. In September 2015, production in construction fell by 0.7 per cent in the euro area and by 0.2 per cent in the EU28. In October 2015 compared with October 2014, production in construction grew by 1.1 per cent in the eu... |
Brazil November sales update31 December 2015, Published under Cement NewsPreliminary industry data and market estimates published by Sindicato Nacional da Indústria do Cimento (SNIC) indicate that cement sales in the Brazilian cement market reached 4.9Mt in November 2015, down 16 per cent compared to the same month a year earlier. Imports totalled 28,000t during November 2015, a decrease of 45 per cent YoY, according to statistics from SECEX / MDIC. Accumulated sales from January to November 2015 were 59.7Mt, down nine per cent YoY. In the rolling 12 months... |
Saudi Cement shuts down two kilns30 December 2015, Published under Cement NewsSaudi Cement Co has closed down two kilns indefinitely as a result of high inventory, absence of growth in Saudi demand and the continuing ban on exports, it said in a bourse statement on Wednesday. The company reported an impairment charge of SAR66.2m (US$17.6m) in the fourth quarter of 2015 as a result of the kiln closures. Furthermore, Saudi Cement Co expects the fuel and electricity price hikes announced in the 2016 government budget to increase its production costs by SAR68m (US$18.13... |
Vietnam production increases by nearly 11 per cent in 201529 December 2015, Published under Cement NewsVietnam is estimated to have produced 67.9Mt of cement in 2015, up 10.7 per cent from a year ago, including 6.6Mt in December, up 11.9 per cent, the government-run General Statistics Office said. In the first 11 months, the country’s cement production hit 61.3Mt, according to the revised figure. The country now has 76 cement production lines with a combined annual output of 81.56Mt. The Ministry of Construction forecasts that Vietnam's annual sales of cement and clinker will rise between f... |
New 1Mta plant planned for Cameroon29 December 2015, Published under Cement NewsThe Switzerland-based Mira company has announced plans to build a 1Mta cement plant in the city of Douala under an agreement signed with the government of Cameroon. For an estimated investment capital of over XAF32bn (US$53.56m), the new cement production plant will create an estimated 1600 direct and indirect jobs for an initial production of 1Mt of cement a year. This new plant will bring the number of cement plants already operating in Cameroon to five, including the Cameroon Cement (CI... |
Ramco to establish new Odisha grinding unit29 December 2015, Published under Cement NewsChennai-based Ramco Group is planning to establish a 0.9Mta cement grinding plant at Choudwar, district Cuttack, Odisha in eastern India on the Bay of Bengal. The estimated cost of the project is INR4.06bn (US$61.21m). The project has received clearance from the Government of Odisha, with construction set to commence in Q1 2016. |
Argentina: cement price nearly doubles in 201524 December 2015, Published under Cement NewsCement prices have jumped between 70-90 per cent in 2015. At the start of the year, a 50kg bag would retail at ARP75-80 (US$5.8-6) while by the end of 2015, the price had risen to ARP125-145 (US$9.6-11), according to local press reports. The rise is attributed to speculative behaviour rather than higher production costs, exacerbated by the political pre-election uncertainty, which was ended by a change in president which saw Mauricio Macri take over from Cristina Fernandez de Kirchner afte... |
Rembang construction on course for 3Q16 completion24 December 2015, Published under Cement NewsConstruction of Semen Indonesia's Rembang cement plant in Central Java, Indonesia, is set to be completed by August 2016, local news agency ANTARA has reported. "We are optimistic that the construction of the Rembang cement plant would be completed in August 2016. In fact, the existing equipment is already capable of starting to process the cement," according to Semen Indonesia's Rembang Project Manager Ari Wardhana. Earlier this month, PT Semen Indonesia CEO Suparni, stated that the state... |
Egyptian cement prices 'stable' through the year24 December 2015, Published under Cement NewsEgyptian cement prices were considered stable through fiscal 2015 as cement companies provided their final report of monthly disclosures on cement prices to the Ministry of Supply for the month December, Minister of Supply Khaled Hanafy said in a Wednesday statement. The average cement production per week in December was recorded at 1Mt compared to an average of 989,000t per week in November, Mr Hanafy added. As part of the Ministry of Supply's attempt to ensure market fairness, Hanafy note... |