Cement News tagged under: international
Nigeria: BUA Cement signs US$600m expansion deal with Sinoma07 September 2015, Published under Cement NewsBUA Group has signed US$600m worth of contracts with China's Sinoma International Engineering Co to double capacity at its Obu cement plant. The plant currently produces 3.5Mta, but by the end of 2017 capacity will rise to 7Mta. BUA's executive chairman, Abdulsamad Rabiu, said at the signing ceremony, “BUA has less than 10 per cent of market share now, after expansion we should go to about 20 per cent.” The Nigerian cement market is currently controlled by Dangote Cement, which has a 70... |
Tajikistan: 1.2Mta Vahdat cement plant opened07 September 2015, Published under Cement NewsDuring his working visit to Vahdat on 6 September, President Emomali Rahmon officially opened LLC "Toj-China 2013" cement plant, which has a capacity of 1.2Mta. Some 400 local professionals and workers will be provided with jobs in the factory, which works a single-shift operation. Simultaneously with the launch of the second stage of the plant, another 400 people will be provided with permanent jobs. The works plans to train and recruit local people. The plant, which will produce 500 a... |
Vietnam sales eight-month update07 September 2015, Published under Cement NewsVietnam sold 46.92Mt of cement and clinker in the first eight months of this year, rising 10 per cent from a year earlier and fulfilling 65 per cent of the annual target, according to the country's Building Material Department of the Ministry of Construction. Of the total volume, 36.02Mt of cement were sold in the domestic market, up nine per cent YoY, while 10.9Mt were exported, rising 17 per cent YoY. In August Vietnam’s cement and clinker sales were down four per cent from July but u... |
Mexican cement prices increase07 September 2015, Published under Cement NewsMexican newspaper Reforma reported that cement prices in the country were increased by about six per cent on 1 September. This is the third price hike in the year which suggests the earlier two have been absorbed by the market. At 1H15 stage, Holcim reported pricing to be up 5.3 per cent and Cemex noted six per cent growth with a forecast for mid/high single-digit growth. Mexico generated five per cent of proforma EBITDA for LafargeHolcim last year and we expect pricing to be up five p... |
Zimbabwe offers Dangote growth04 September 2015, Published under Cement NewsThe Nigerian billionaire, Aliko Dangote, head of the Dangote Group, visited Zimbabwe this week and struck investment deals in mining, cement manufacturing and power generation. Dangote separately met President Robert Mugabe and his deputy, Emmerson Mnangagwa, as well as mining, transport and local government ministers. He was particularly forthcoming about the cement manufacturing plant, telling journalists after meeting Mr Mnangagwa, that he was looking to set-up "an integrated cement pla... |
Lucky Cement close to winning limestone licence in Punjab province, Pakistan02 September 2015, Published under Cement NewsLucky Cement Ltd is close to winning a permit to extract limestone in Punjab province, signalling expansion plans for the Pakistan producer, according to a report by Bloomberg. The company will get a limestone quarry for a cement plant in Punjab, and the local administration has approved the deal, said Arshad Mehmood, secretary for Punjab’s mines and minerals department, the report stated. An agreement is expected to be signed in the next few days, he added. Although no longer Pakistan’s ... |
US June shipments up 7.6% YoY01 September 2015, Published under Cement NewsTotal shipments of Portland and blended cement in the US and Puerto Rico in June 2015 were about 8.9Mt, up by 7.6 per cent YoY, according to data from the the US Geological Survey (USGS). Shipments for the year through June totalled 40.8Mt, up by 3.6 per cent for the same period in 2014. The leading producing states for Portland and blended cement in June were Texas, California, Missouri, Florida and Michigan, in descending order, and accounted for about 41 per cent of total apparent outpu... |
Vietnam output rises 10.3% in first eight months01 September 2015, Published under Cement NewsVietnam produced 43.1Mt of cement in the first eight months of this year, up 10.3 per cent from a year ago, including 5.9Mt in August, up 16.9 per cent, the government-run General Statistics Office said. In the first seven months, the country’s cement production hit 37.2Mt, according to the revised figure. Cement and clinker sales are expected to rise 1.5-4 per cent YoY to between 72-74Mt this year, of which domestic sales will rise 4.5-6.5 per cent to 53-54Mt, while the exports will be 19... |
Dangote opens grinding plant in Cameroon, Zimbabwe works on the cards01 September 2015, Published under Cement NewsDangote Cement Plc has inaugurated its 1.5Mta cement grinding plant in Douala, Cameroon. In addition, the company laid the foundation for a 200m terminal in Base Elf area, of the Douala Port. President of the Dangote Group, Aliko Dangote, said he company has decided to begin work on the second phase of the plant, which will see the doubling of its capacity to 3Mta. Zimbabwe plans The company has also indicated its intention to open a US$400m cement plant in Zimbabwe with a capacity of 1.... |
Cemex inaugurates grinding mill in Nicaragua28 August 2015, Published under Cement NewsCemex announced today that its subsidiary Cemex Latam Holdings, SA has completed the construction of the first phase of a new cement grinding plant in Ciudad Sandino, Managua. CLH invested approximately US$30m for infrastructure procurement and the installation of the first cement grinding mill, with a capacity of approximately 220,000tpa.. The inauguration ceremony took place yesterday at the new facility and was attended by the President of Nicaragua, Daniel Ortega, and the Chief Executi... |