Cement News tagged under: international
Indonesian monthly consumption declines by 7.9%15 June 2015, Published under Cement NewsIndonesian consumption remained weak in May, declining by nearly eight per cent, latest data from the Indonesia Cement Association shows. Cement demand fell by 7.9 per cent in May 2015 to 4.78Mt. Consumption during the month was down in all areas, with Kalimantan seeing the largest regional drop (-24.3 per cent) followed by Maluk & Irian Jaya (-16.2 per cent) and Sulawesi. On the main island of Java, demand fell by 8.7 per cent, with the biggest declines in Jakara (-14.5 per cent), Banten... |
Venezuela: Yaracuy mini-plant online 1H1615 June 2015, Published under Cement NewsConstruction on the new cement works at Barranco Amarillo in Peña, Yaracuy state, is expected to be completed in the first half of 2016. The plant, with a capacity to produce 600tpd or 4.5m bags of cement in two vertical kilns, is being built with assistance from India-based Megatech International. It is one of five mini plants in Portuguesa, Cojedes, Aragua, Mérida and Yaracuy covered by a bilateral agreement with India. The site has proven limestone reserves sufficient for 100 year... |
VNCA expects 4% rise in 2015 sales15 June 2015, Published under Cement NewsVietnam's Ministry of Construction expects a four per cent YoY rise in cement and clinker sales in 2015 to 74Mt, comprising 53Mt of domestic sales and exports of 20Mt. Latest figures released by the Vietnam National Cement Association (VNCA) show that in the four months leading up to May domestic cement sales jumped three per cent YoY to 15.89Mt. For the month of April alone the VNCA statistics indicate that sales of cement surged 113 per cent YoY to 5.45Mt, but were down 28 per cent Y... |
Qalaa Holdings topline growth boosted by ASEC Cement's Sudan subsidiary15 June 2015, Published under Cement NewsQalaa Holding reported a 43 per cent rise in revenue for the three months to the end of March 2015 to EGP1947.5m and an eight-fold surge in EBITDA growth to EGP275.8m. The company said topline growth was driven mainly by operational improvements at subsidiary ASEC Cement’s Al-Takamol works in Sudan, which recorded revenue growth of 157 per cent or an EGP131.7m increase over 1Q14. Furthermore, Qalaa’s core platform company TAQA Arabia also saw revnues increase by 57 per cent to EGP526.5m i... |
Vicem monthly dispatches advance 10% YoY12 June 2015, Published under Cement NewsState-owned Vietnam Cement Industry Corporation (Vicem), the country’s leading cement producer, said its cement and clinker sales in May advanced 10 per cent YoY to 2.01Mt. Of the total, 1.84Mt of cement and clinker were sold in domestic market while 162,000t were exported. In the first five months, Vicem’s cement and clinker sales dipped 1.4 per cent on-year to 9.08Mt. Of the total, 8.02Mt of cement and clinker were sold in domestic market, up 6.2 per cent YoY while 1.06Mt were exported... |
Cement sales in Cyprus fall over first five months12 June 2015, Published under Cement NewsCement sales in Cyprus fell 10 per cent from January to May compared to the same period a year ago to 170,684t, Cystat, the country’s statistical service, said. In May alone, there was a two per cent drop to 38,053t compared to the same month last year, Cystat said in a statement on its website. Cyprus’ prolonged economic recession has led to continuous declines in domestic cement demand since 2008 when consumption had reached 1.92Mt. In 2014 demand is expected to have fallen to 0.44Mt – s... |
Semen Indonesia May sales down12 June 2015, Published under Cement NewsIndonesia's largest cement maker, PT Semen Indonesia Tbk, said its sales in May were down 13.9 per cent from the last year at 1.98Mt, Indonesia Finance Today reported, quoting the firm's investor relations officer Anto Brilianto. The cement producer sold 9.91Mt of cement in the first five months of 2015, down 5.3 per cent from 10.47Mt during the same period last year. |
Lafarge Cement Zimbabwe secures additional funding for plant upgrades11 June 2015, Published under Cement NewsLafarge Cement Zimbabwe has secured approval from its parent company, Lafarge Group, to invest an additional $5m on plant upgrades this year. The cement maker last year announced plans to invest about $10m-$15m on upgrading grinding capabilities. According to the company, the plant upgrades will push its volumes from 0.39Mta to 0.5Mta. Speaking to local press at the sidelines of the company's AGM, Amal Tantawi, chief executive of Lafarge Zimbabwe, told The Herald Business that the all the... |
Ghana cement producers' association formed11 June 2015, Published under Cement NewsLocal cement producers in Ghana have come together to form a new association to protect and accelerate the development of the domestic industry, and promote the interests of its members through collaborative efforts. A Memorandum of Understanding (MoU) dated 12 May 2015 named the founding companies of the Ghana Cement Manufacturers Association (GCMA) as GHACEM Ltd, Diamond Cement Ghana Ltd and Savannah Diamond Company Ltd. Dr George Dawson-Ahmoah, Strategy & Corporate Affairs Director o... |
Tunisian cement demand falls 6.5% in 4M1511 June 2015, Published under Cement NewsIn the first four months of 2015, the Tunisian cement marked contracted by 6.5 per cent YoY to 2.4Mt, according to the latest data revealed by Taoufik Khardani, deputy director of building materials industries at the country’s Ministry of Industry. However, exports were up by 28 per cent from 461,000t to 590,000t. Tunisia’s cement producers manufactured 2.98Mt of cement, down 5.6 per cent on 4M14, when 3.16Mt of cement was produced. |