Cement News tagged under: international
USA: Charlevoix cement plant expansion cleared30 January 2015, Published under Cement NewsThe Charlevoix County Board of Commissioners has approved the proposal by St Marys Cement to expand its cement plant in the Michigan state. St Marys Cement Inc, part of the Votorantim Group, is planning a US$130m upgrade to the Charlevoix plant which would increase production capacity from 1.3Mta to nearly 2Mta. According to local press reports, in a 5-1 vote that followed the hearing, the county board approved the upgrade plan. Commissioner George Lasater provided the lone vote in opp... |
Vietnam monthly output up 27% YoY30 January 2015, Published under Cement NewsVietnam is estimated to have produced 5.2Mt of cement in January, down 8.1 per cent from December 2014 but up 27 per cent from a year ago, according to the government's General Statistics Office (GSO). In December 2014, the country’s cement output stood at 5.7Mt, according to the revised figure. The GSO also revised down the country’s cement output in 2014 to 54.1Mt, from earlier estimated of 59.8Mt. |
Hanson Cement set to become BMF member, UK30 January 2015, Published under Cement NewsHanson Cement will become a member of the Builders Merchants Federation, effective 1 February 2015. Hanson Cement operates three cement plants, one ready-to-use packing plant and 10 packed aggregate sites in the UK. In response to market growth, the company recently invested in a new Multicem plastic packing plant at its Padeswood cement works in North Wales to keep up with demand and provide a stable source of supply. Keith Ellis, Hanson’s commercial director, said: “Joining the BMF is a... |
Saudi firms’ net profit up 6% YoY30 January 2015, Published under Cement NewsThe net profit of the Saudi cement firms has registered an increase by six per cent in 2014, reaching US$1.56bn compared with US$1.48bn recorded in 2013, Arab News reported. Profit during the final quarter of 2014 increased by 31 per cent to US$382.86m compared with US$292.46m, during the same period in the previous year, In 2014, seven of the 14 listed companies grew, six companies saw profits drop while Um Al-Qura Company, registered losses in the year. Arabian Cement Company (ACC) reg... |
All eyes on the ASEAN30 January 2015, Published under Cement NewsThe southeast Asian cement markets of the Philippines, Vietnam and Thailand are set for continued growth in 2015, while elsewhere in the region there is plenty to keep investors interested. Philippines – sustained growth ahead Cement industry sales in the Philippines have benefitted from robust demand thanks to bustling construction activity nationwide. Last year sales increased by 8.7 per cent YoY, according to the Cement Manufacturers’ Cement Association of the Philippines (CeMAP). Loc... |
Pakistan: Attock Cement sees 24% increase in quarterly profit29 January 2015, Published under Cement NewsAttock Cement reported a 24 per cent rise in profit during 2QFY14-15 of PKR554m (US$5.5m) compared to PKR449m in the same period of last year. First-half profit increased 15 per cent to PKR1025m against PKR871m in 1HFY13-14, the Pakistan-based producer reported. Net sales rose to PKR3193m in 2QFY15 compared to PKR3045m in 2QFY14, up by five per cent. First half sales rose seven per cent to PKR 6369m Gross margins also improved markedly by 33.04 per cent compared to 27.46 per cent dur... |
Siwertell secures new Medcem order, Turkey29 January 2015, Published under Cement NewsSiwertell, part of Cargotec, recently secured a road-mobile unloader order from Medcem Global Pazarlama AS, in Turkey. This is the third order of its kind received from the operator in 18 months. Mr Koray Kandemir, Director of Projects for Medcem Global said: "We are planning and processing cement terminal projects in various countries, therefore, to get maximum benefit, we have to be very careful when choosing project equipment. Siwertell mobile unloaders provide the ability to operate in... |
FLSmidth and Haldor Topsoe sign cooperation agreement29 January 2015, Published under Cement NewsHaldor Topsoe A/S, a leader in catalysis, and FLSmidth signed a cooperation agreement that marks the beginning of a joined effort to commercialise a newly-developed catalytic filter bag technology. The product will carry the brand name EnviroTex TM catalytic filter bags and is capable of removing dust, volatile organic compounds and nitrogen oxides in one integrated process, FLSmidth said in a statement. Industries including cement, power, biomass, waste incineration as well as glass and... |
Al Jouf net profit advances 11.6% in 201429 January 2015, Published under Cement NewsSaudi-based Al Jouf Cement recorded a net profit of SAR60.4m (US$16.1m) for 2014, up from SAR54.1m in 2013, the company said in a statement to the Saudi Stock Exchange. The increase was attributed to lower cost of sales and general and marketing expenses, according to the company. Earnings per share (EPS) stood at SAR 0.46 in 2014, versus SAR0.42 a year ago. Operating profit rose to SAR72.5m, up 16 per cent YoY on the year and the gross profit came in at SAR103.5m, up from SAR97m. ... |
Uzbekistan: Ahangarancement full-year output rises29 January 2015, Published under Cement NewsAhangarancement, part of Eurocement Group, produced 1.24Mt of clinker and 1.7Mt of cement in 2014, a YoY increase of 6.2 per cent (72,500t) and five per cent (80,400t), respectively. The company said that its shipments rose by 6.5 per cent to 1.72Mt in 2014, (+105,300t). During the year, Ahangarancement started to produce cement types PC 400 KD20 SSPC 400 D20 in 2014, of which it produced 84,610t and 47,922t respectively. |