Cement News tagged under: international
Raysut full-year profit dips, Oman09 February 2015, Published under Cement NewsRaysut Cement reported full-year net profit of OMR27.42m (US$71.22m), 0.4 per cent lower than the OMR27.52m posted in the previous year. Revenue rose 1.1 per cent to OMR94,29m from OMR93.29m, according to a company filing with the Muscat Securities Market on Thursday. A research note by Gulf Baader Capital Markets (GBCM) said the company’s revenue was in line with estimates but earnings was below its forecast of OMR28.8m. According to GBCM, group sales volumes came in at 3.8Mt but ... |
Brazil: alternative raw materials usage among 'best in the world'09 February 2015, Published under Cement NewsThe proportion of alternative raw materials used in Brazilian cement is one of the best in the world, country's leading cement producer reports, citing domestic construction industry association SNIC. “Brazil has one of the highest clinker substitution rates in the world and this is due to industry research and the development of technologies to incorporate natural substitutes and even steel industry dejects into cement manufacture”, says Edvaldo Rabelo, executive director of energy, sustai... |
TPCC operations reportedly suspended09 February 2015, Published under Cement NewsTanzania’s National Environment Management Council (NEMC) has indefinitely suspended operations by the country’s largest cement producer Tanzania Portland Cement Co (TPCC) due to concerns on dust emissions, according to local press reports. The NEMC reached the decision to suspend plants operations following complaints from local residents who claimed that dust emissions from the plant were causing health problems. Heche Suguta, NEMC senior legal officer, told The Citizen that the fact... |
Hoang Phat Vissai Group kicks off plant construction, Vietnam06 February 2015, Published under Cement NewsHoang Phat Vissai Group has started construction of Song Lam cement plant in Vietnam’s central province of Nghe An. Located in Bai Son commune, the 18,000tpd works will be developed into two phases, the first of which will be completed within 18 months, according to chairman Nguyen Ngoc Oanh. Phase one will span the 2015-17 period and involve the construction of two production lines with a combined clinker capacity of 12,000tpd. The second phase involving 6000tpd of clinker will be develop... |
Belarus to export 1.8Mt in 201506 February 2015, Published under Cement NewsBelarusian manufacturers are expected to export 1.8Mt of cement in 2015, including 1.3Mt to be supplied to Russia's Eurocement, Construction Minister, Anatol Chorny, told reporters in Minsk on Thursday. Belarus sold 980,000t of cement to Eurocement in 2014, Mr Chorny noted. "This year we have signed an exclusive contract for the supply of 1.3Mt,” he said. “The contract is advantageous to Belarus because 50 per cent of the total amount shall be paid in advance and the rest shall be pai... |
PCA: oil prices could lead to strong near-term US economic growth05 February 2015, Published under Cement NewsLow oil prices are beneficial to US economic growth and are expected to add 20 to 30 basis points to real GDP growth rates during 2015-2016, Edward J Sullivan announced during remarks at the 2015 World of Concrete. However, Mr Sullivan cautioned that this good news for the nation¹s economy does not necessarily travel with the same speed to the construction industry. "Unfortunately, the transmission process from oil price declines to construction activity contains timing lags," said Mr Sul... |
Pakistan dispatches rise 9.5% in first seven months05 February 2015, Published under Cement NewsPakistan cement dispatches over the first seven months of the current fiscal increased by 6.18 per cent to 20.22Mt compared with 18.86Mt in the same period of the previous year, boosted by local sales. "The most pleasant aspect of this growth is that it is led by domestic consumption which increased by 9.45 per cent during this period" a spokesperson for the All Pakistan Cement Manufacturers Association (APCMA) said. Dispatches from the north rose by 10.63 per cent to 12.95Mt versus 11... |
New Zambia plant construction under study05 February 2015, Published under Cement NewsSCIROCCO Enterprises Ltd has entered into an agreement with a consortium to construct a 2500tpd cement factory in the Makeni area of Lusaka, Zambia. Moustafa Saadi, managing director of SCIROCCO Enterprises, said in a press briefing that the company has been incorporated in Zambia and it will be known as Amaka Cement Industries Ltd. It has now entered into an agreement with a Chinese firm and an international funder to carry out the US$200m project. “The agreement has been signed and f... |
Wonder Cement to double capacity, India04 February 2015, Published under Cement NewsIndia-based Wonder Cement, part of the RK Marble Group, plans to more than double capacity by year-end. The company, which operates a 3.35Mta cement works in Nimbahera, in the northern Indian state of Rajasthan, is investing INR1600 crore to lift capacity to 6.75Mta. The state-of-the art plant, built by ThyssenKrupp Industrial Solutions, is currently running at full capacity, selling some 180 000 bags/day. Wonder Cement is expanding its dealer network, which is already present in key mark... |
MIT unveils project transfer plan, China04 February 2015, Published under Cement NewsChina's Ministry of Industry and Information Technology (MIIT) released a plan to transfer the production capacity of six cement projects under construction in the southwestern Sichuan province. These schemes, designed with 6Mta of cement production capacity, will be publicised on the national production capacity replacement quota platform for future transfer. Meanwhile, a total of 6.036Mta of outdated production capacity by 35 cement producers will be eliminated, according to the MIIT. (S... |