Cement News tagged under: international
Argentinian cement deliveries up 8.3% YoY in May03 June 2015, Published under Cement NewsIn May 2015 Argentina’s cement plants shipped 1,001,540t of cement (including exports), representing a five per cent drop compared to last April, but up 7.8 per cent YoY, according to the Argentinian cement producers' association, AFCP. The domestic market expanded by 8.3 per cent YoY as 996,149t were delivered within the country’s borders. When compared with the previous month, a 4.7 per cent fall was noted. |
Devnya Cement officially inaugurates new line, Bulgaria03 June 2015, Published under Cement NewsDevnya Cement, part of Italcementi Group, has officially launched the new line at its plant in Bulgaria in the presence of Prime Minister Boyko Borisov. Also present at the ceremony was Italy’s Ambassador to Bulgaria, Marco Conticelli, who pointed out that Italian investments in Bulgaria were producing clear results, according to reports by the Bulgarian Telegraph Agency. He said that the cement plant in Devnya was already one of the largest in Europe and the technologies used there contrib... |
Indian output down 2.4% in April03 June 2015, Published under Cement NewsThe output of eight core industries in India contracted for the second consecutive month in April, on poor performances by the cement, electricity, natural gas refinery products and fertiliser sectors. In April 2015, output by the eight industries fell by 0.4 per cent. The output of the cement sector declined by 2.4 per cent, with falls in production also sen in natural gas (3.6 per cent), electricity (1.1 per cent), refinery products (2.9 per cent) and fertiliser output (0.04 per cent). C... |
Secil 1Q15 boosted by Angola operations02 June 2015, Published under Cement NewsSemapa, the Portuguese holding company that controls Secil, said turnover in its Cement and Derivatives Business unit for the first quarter of 2015 increased by 2.4 per cent YoY to EUR99.9m. The growth is mostly attributed to the performance of the ready-mix business unit in Portugal and Angola operations. EBITDA during the three month period rose by four per cent to EUR17.1m. Operating income was down by 25 per cent to EUR4.7m due to the increase in depreciation. Consolidated net income ... |
Cameroon: Medcem plant to enter service in June02 June 2015, Published under Cement NewsThe Medcem cement works, owned by Turkey-based Eren Holdings, is scheduled to come online in June, entering a market already supplied by Lafarge, Ciments d’Afrique and Dangote. The project was carried out in just under a year following the signing of an investment agreement between the country’s government and Abut Azsezikli, Medcem Global’s general manager, on 9 September 2014. Eren Holdings has invested around EUR24.4m in the new plant, which is located in the Douala port area of Cam... |
EPC contract signed for new Limak cement works, Turkey02 June 2015, Published under Cement NewsChina's Sinoma International Engineering Co signed a contract on Friday with Turkey's Limak Holding to build a US$155m cement factory in the capital Ankara. The factory will have a capacity to produce 5000ptd of cement, Limak officials said during a signing ceremony for the equipment, procurement and construction (EPC) contract. Construction is expected to take 20 months and Sinoma expects to complete it in the first quarter of 2017. |
Chinese firm signs MoU for Masvingo plant, Zimbabwe02 June 2015, Published under Cement NewsMasvingo Rural District Council has signed a Memorandum of Understanding with Xhing Xhong Cement Co of China for the establishment of a new cement plant in Zimbabwe. “I can confirm that we’ve agreed with an investor who wants to establish a cement plant in Chief Charumbira’s area. We’ve signed a Memorandum of Understanding with the investor and it’s now left to them to start the project,” Martin Mubviro, CEO of Masvingo Rural District Council, was quoted by the Chronicle (Zimbabwe) as sayi... |
Pakistan to contest ITAC ruling02 June 2015, Published under Cement NewsThe government of Pakistan is to challenge South Africa’s recent decision to impose duties on imported cement from the country. “We are analysing the detailed report of International Trade Administration Commission of South Africa (ITAC) to determine our course of action,” an official of the Pakistan National Tariff Commission (NTC) told Dawn media (Pakistan) on Friday. Last month, ITAC imposed provisional anti-dumping duties ranging from 14.29 per cent to 77.15 per cent on Portla... |
Votorantim announces Turkish expansion01 June 2015, Published under Cement NewsVotorantim Cimentos is to triple the capacity of Sivas cement plant in Turkey involving an investment of EUR140m, representing the largest spend for the company outside the Americas under its recently announced 2015-2018 outlay. The new project will see capacity at the Sivas plant increase from 0.6Mta to 1.8Mta. Groundbreaking will take place this month and cement production is scheduled to begin in 2017. The Sivas plant currently accounts for about 19 per cent of Votorantim Cimentos’ 3M... |
Semen Indonesia reportedly plans US$340.2m Aceh plant01 June 2015, Published under Cement NewsIndonesia's largest cement maker, PT Semen Indonesia Tbk , plans to build a new plant in Aceh worth IDR4.5trn (US$340.2m), Investor Daily reported, quoting Corporate Secretary Agung Wiharto. The construction will start in 2016 or 2017 and the plant will have a production capacity of 3Mta, according to the report. |