Cement News tagged under: international
European Commission closes antitrust proceedings03 August 2015, Published under Cement NewsEuropean Union antitrust regulators on Friday scrapped a cartel investigation launched on 8 December 2010 against a number of cement producers with operations in Europe including Lafarge, Cemex and HeidelbergCement after failing to find evidence of a cartel. The European Commission (EC) opened the case with dawn raids in November 2008 and September 2009. It concerned anti-competitive practices in Austria, Belgium, the Czech Republic, France, Germany, Italy, Luxembourg, The Netherlands, ... |
MPA: subdued 2Q sales, prospects positive03 August 2015, Published under Cement NewsSales volumes of aggregates and ready-mixed concrete were four per cent higher and asphalt 10 per cent higher in the second quarter of 2015 than in the same quarter of 2014, latest data from the MPA shows. For the half year to June, sales were also positive in comparison with 2014, with aggregates and concrete seven per cent higher and asphalt sales 10 per cent higher. There are nonetheless indications that construction markets may have slowed down temporarily, the MPA notes. Seasonally adj... |
Indonesian producers predict 2016 market pick-up31 July 2015, Published under Cement NewsPT Semen Indonesia and its subsidiary Semen Gresik are optimistic the domestic cement market will improve in 2016 despite tight competition. Bambang Joko, head of sales at state-owned PT Semen Indonesia, blamed this year’s economic slowdown on the current decline in cement consumption. "But the slump would not last long. Demand would rise in 2016," he said. His comments highlight that infrastructure and construction bottlenecks are about to start moving again. Almost all cement produce... |
Colombia cement market expands 10.2% in June29 July 2015, Published under Cement NewsColombia’s cement dispatches rose 10.2 per cent YoY in June to 1.0121Mt as building companies and contractors increased their demand by 25.8 per cent. Cement production reached 1.0292Mt, up 4.9 per cent when compared with June 2014. In the first half of 2015 the Colombian cement market expanded by 6.6 per cent YoY to 6.0674Mt. The departments of Nariño, Cesar and Magdalena saw the strongest growth at 62.2, 27 and 21.8 per cent, respectively. However, Bolîvar also recorded a robust advance ... |
Philippines: cement sales rise 11% in 1H1529 July 2015, Published under Cement NewsCement sales rose steeply in the first six months of the year behind robust construction activities in the country, the Cement Manufacturers Association of the Philippines (CeMAP) said. CeMAP president, Ernesto Ordoñez, stated total cement sales rose 11.1 per cent to 11.91Mt in the first half of the year from 10.72Mt in the same period in 2014. Ordoñez said construction activity remained strong in the first semester, fuelled primarily by the growing business confidence in the country.... |
Nepal: IBN approves Chinese investment in cement plant29 July 2015, Published under Cement NewsInvestment Board Nepal (IBN) has approved a foreign direct investment (FDI) proposal worth NPR36bn (US$352m) made by Hongshi Holding Group of China. Hongshi Holding Group's proposal to invest in the establishment of a new cement factory in Nepal in partnership with Shivam Cement (P) Ltd was approved at the board meeting held by IBN and chaired by Prime Minister Sushil Koirala on Tuesday. Shivam Cement had signed an agreement in March with Hongshi Holding to set up a cement plant in Nepal... |
Tunisia: CMG receives government approval for 1.2Mta plant29 July 2015, Published under Cement NewsCiment de la Méditerranée Gafsa SA (CMG) has received the approval of the Ministry of Industry, Energy and Mines to construct a 1.2Mta greenfield plant. The works, with a clinker capacity of 1Mta, represents an investment of around US$220m. CMG is a joint venture between Ahmed Bouchamaoui International Group, Antonio Lopez Banos and the Ricardo Mella International Group. |
India: UltraTech-Century merger talk heightens28 July 2015, Published under Cement NewsUltraTech Cement Ltd and Century Textiles & Industries Ltd are in talks with their respective dealers to synchronise their cement distribution network, trade sources told Cogencis. UltraTech and Century Textiles dealers have been told that a combined sales approach could be in place by October. The move has led to resurfacing of talk that Century Textiles' cement division will be merged with UltraTech. The Aditya Birla group-owned UltraTech Cement and the BK Birla-owned Century Tex... |
Pakistan International Bulk Terminal issues 20% stake to IFC28 July 2015, Published under Cement NewsThe Pakistan International Bulk Terminal Limited (PIBTL) has issued 189.653m shares, or 20 per cent, stakes to the International Finance Corporation (IFC) at INR10 (US$0.09)/share for its bulk terminal to handle coal, clinker and cement under construction on a build, operate and transfer (BOT) basis at Port Qasim, near Karachi, Pakistan. The project is expected to be completed in the end of 2016 at a cost of US$185m. Once completed PIBTL will have capacity for handling up to 12Mta of coal, ... |
Tanzania: Twiga Cement holds seminar for block makers28 July 2015, Published under Cement NewsSome 250 cement distributors and block makers recently participated in a training seminar in Dar es Salaam held by Tanzania Portland Cement Company Limited (TPCC) to improve efficiency. The initiative is part of the firm's contribution to our local employment market. The firm aims to be closer to its biggest stakeholders and to enable them know how to make strong and durable blocks. The training targeted strengthening safety at work, improving quality of blocks and efficiency in the produc... |