Cement News tagged under: international
Indonesia: Semen Bosowa sets aside US$500m for expansion13 January 2015, Published under Cement NewsSemen Bosowa is setting aside US$500m this year to expand capacity in anticipation of a pick-up in demand across the country. The company is building cement plants in Maros (South Sulawesi), Ciwandan (Banten), Banyuwangi, (East Java), Rembang, (Central Java) and Sorong (West Papua). The plants would boost the group’s cement production capacity to 12Mta over the next three years from 3Mta of present. “Bosowa is expanding because we see the cement industry growing,” group chief executive Erw... |
Egypt: gas supplies to cement plants replaced by fuel oil13 January 2015, Published under Cement NewsEgypt’s decreased gas output is further squeezing fuel supplies to the country’s cement factories. The Egyptian Gas Holding Co (EGAS) has halted gas supplies to cement plants and redirected them to power plants, Daily News (Egypt) reports. The Al-Qatameya, Helwan and Al-Qawmeya plants have been exempted from the gas cuts as they are directly connected to the Abu Gharadiq gas field, according to the report. Their total gas consumption is 61 cubic feet/day. The cement industry’s total gas co... |
Indonesia: 2014 cement sales fall short of expectations12 January 2015, Published under Cement NewsIndonesian cement sales fell short of expectations last year, increasing by 3.6 per cent YoY to 59.9Mt, according to the latest data from the Indonesia Cement Association (ASI). Including exports, total sales increased by three per cent to 60.174Mt. Cement exports were upby 30.5 per cent to 220,284t while clinker exports fell 88.7 per cent to 44,878t. Java remained the largest cement consumption market, accounting for 33.7Mt of sales (+4.1 per cent), followed by Sumatra with 12.4Mt (+2.2 p... |
New Guinea-Bissau grinding plant seeks IFC loan12 January 2015, Published under Cement NewsHeidelbergCement subsidiary Scancem, in partnership with Maxime Cardoz, a private investor from Senegal, has applied to the IFC for a loan of EUR11m to help finance Guinea-Bissau's first grinding plant. The Cardoz Cimentos de Bissau project, which is 60 per cent owned by Cardoz and 40 per cent by Scancem, would be located 1.5km from the port of Bissau, a plant location in an area which currently absorbs 50 per cent of the country's cement consumption. The project has an estimated cost of ... |
Mixed performance for Iranian exports12 January 2015, Published under Cement NewsIran cement exports fell 8.5 per cent YoY in the first eight months of the current Iranian calendar, but a rise in clinker shipments boosted the overall total. During the first eight months of the year (beginning 21 March 2014) cement exports amounted to 9.25Mt, Iran’s IRNA News Agency reported. Abdolreza Sheykhan, an official with the Iran's Cement Producers Association, said that the insecurity in Iraq and reduction in the number of destination markets for Iran’s cement are the major ... |
Polish output up 6.8% YoY09 January 2015, Published under Cement NewsFull year Polish cement production increased 6.8 per cent YoY in 2014 to 15.4Mt, according to the country's cement association. Cement production edged up by 1.9 per cent YoY to 861,7000t in December, while sales were ahead by 805,800t, Poland's Cement Producer Association said in a statement. |
US Jan-Oct shipments up eight per cent YoY09 January 2015, Published under Cement NewsTotal shipments of portland and blended cement in the United States and Puerto Rico for the January-October 2014 period were 75.8Mt, an increase of eight per cent YoY, latest data from the US Geological Survey (USGS) shows. Shipments in October 2014 were 9.6Mt, up 10 per cent from the same month of the previous year. The leading portland-cement producing states in October were Texas, Missouri, California, Michigan and Alabama, in descending order, accounting for approximately 42 per cent of... |
Dominican Republic sales up 18% YoY09 January 2015, Published under Cement NewsThe Dominican Republic market expanded by 18 per cent in 2014, surpassing the 16 per cent achieved the year before despite significant over capacity prevailing. Carlos E Gonzalez, president of Adocem, attributed the growth to a strong economy which maintained a seven per cent growth, and the momentum in both the public and private construction sectors. Mr Gonzalez added that the government’s school construction programme and the development of public and private housing projects have also ... |
Stronger markets in 2015?09 January 2015, Published under Cement NewsWhat does 2015 have in store for the cement sector? After three relatively poor years in terms of global construction expansion, Morgan Stanley (UK) predicts a tentative recovery in world consumption in spite of a significant slowdown in China, according to new analysis published in International Cement Review. Morgan Stanley expects global cement demand, inclusive of China, to rise to 2.8 per cent in 2015, marginally up from the 2.5 per cent growth recorded in 2014, which was the ... |
Argentine cement market contracts 3.5 per cent in 201408 January 2015, Published under Cement NewsIn December 2014, Argentina’s cement demand fell 10.4 per cent MoM and 2.5 per cent YoY to 892,313t, according to the latest data from AFCP, the Argentine cement association. The country’s cement producers supplied 905,306t of cement, including exports, registering a MoM drop of 10.4 per cent and 2.4 per cent YoY. For the full-year, domestic demand reached 11,271,399t, down 3.5 per cent when compared with 2013. Imports fell from 5431t to 2499t, down 54 per cent. Argentina producers also... |