Cement News tagged under: international
Competition Commission clears Shree acquisition of Jaiprakash unit19 November 2014, Published under Cement NewsThe Competition Commission of India (CCI) said it has approved a proposal of Shree Cement to acquire Jaiprakash Associates' 1.5Mta grinding unit in Haryana, saying the deal will not raise anti-competition concerns. The proposed deal involves the transfer of the cement grinding unit at Haryana's Panipat owned by Jaiprakash Associates to Shree Cements by way of a slump sale, a notification on the competition panel's website said. "The proposed combination is not likely to have an a... |
Mozambique: Cimentos da Beira awards Ambrian subsidiary purchasing contract19 November 2014, Published under Cement NewsAmbrian PLC said Monday that its wholly-owned subsidiary Ambrian (Singapore) Pte Ltd has entered into an agency agreement with Cimentos da Beira Ltda. Under the agreement the company is to be exclusively appointed as Cimentos da Beira's worldwide purchasing agent or supplier of raw materials for producing cement products at its grinding and cement packing operations in Beira, Mozambique, for eight years. The Beira plant is expected to commence operations at the beginning of 2015, and o... |
Holcim names new Area Manager for Africa Middle East19 November 2014, Published under Cement NewsDominique Drouet, CEO of Holcim Morocco, has been appointed Area Manager for Africa Middle East and member of Senior Management of Holcim Ltd, effective 1 January 2015. He will assume this responsibility in addition to his current role. Mr Drouet replaces Javier de Benito who has decided to to take up a new challenge outside the group, Holcim said in a statement. Mr Drouet joined Holcim in 1994 as CEO of Holcim Outre Mer based in la Réunion, and was appointed CEO of Holcim Lebanon in 1999... |
Cemex: helping to build a Greater Britain19 November 2014, Published under Cement NewsIn the past 18 months, Cemex has been an integral part of some of the most important infrastructure projects in the UK with a direct impact on its residents’ quality of life, from an airport terminal, to upgrading London’s 150-year-old sewage system, to a remote onshore energy plant. “Cemex focuses on markets where we can sustain long-term profitable growth, and fulfill our responsibilities as a corporate citizen,” said Cemex CEO Fernando A Gonzalez. “We are pleased to be able to make a pos... |
Holcim: 2015 expected to be "solid year"18 November 2014, Published under Cement NewsHolcim expects 2015 to be a “solid year” for the group as it aims to achieve substantial improvement of its results. In a statement released ahead of today's Holcim Investor and Analyst Day 2014, the Swiss cement major said it anticipates 2015 like-for-like operating profit (excluding merger-related costs) to be in the range of CHF2.7-2.9bn (EUR2.2-2.4bn/US$2.8-3bn). Group companies in India, Indonesia, the USA, Mexico and the UK are being seen as the main growth drivers. The company ... |
US nine-month shipments preliminary data18 November 2014, Published under Cement NewsTotal shipments of Portland and blended cement in the US and Puerto Rico for the first nine months of the year reached 66.292Mt, preliminary data released by the US Geological Survey (USGS) yesterday shows. Of the total figure, domestic shipments accounted for 60.916Mt and imports for 5.376Mt. In September alone, shipments amounted to 9.006Mt, including 8.235Mt of domestic shipments and 770,802t of imports. Domestic clinker production totalled 54.615Mt in the first nine months of the year,... |
Vietnam cement sales exceed 40Mt18 November 2014, Published under Cement NewsVietnam cement companies sold 41.54Mt of cement in the domestic market in the first 10 months of this year, including 4.27Mt in October, the country’s Ministry of Construction (MoC) said. The 10-month figure accounted for 85.6 per cent of the year’s target, the ministry said on its website, giving no YoY comparative figures. Clinker and cement exports were estimated at 11.68Mt over the Jan-Oct 2014 period, including 2.81Mt of cement. The country’s cement sales are predicted to rise... |
Spain’s monthly demand advances 5% YoY18 November 2014, Published under Cement NewsCement consumption in Spain increased by five per cent to 1,037,219t in October when compared with the same period last year, latest data from domestic association Oficemen shows. Despite the industry’s recovery still being far off, October’s advance is the second consecutive monthly rise following September’s 6.1 per cent YoY increase. In the first 10 months of 2014, cement demand slipped 0.5 per cent YoY to 9,116,872t. Figures for the rolling year show a 2.2 per cent fall. |
Gansu Shangfeng Cement in Kyrgyzstan joint venture18 November 2014, Published under Cement NewsGansu Shangfeng Cement Co says its wholly-owned Zhejiang Shangfeng Building Materials unit is to set up a joint venture with ZETH International in Kyrgyzstan with registered capital of CNY200m (US$32.66m). Gansu Shangfeng Cement Co says its wholly-owned Zhejiang Shangfeng Building Materials unit is to set up a joint venture with ZETH International in Kyrgyzstan. The joint venture will build a 2800tpd clinker production line in Chuy, Kyrgyzstan involving a total investment cost of US$11... |
HeidelbergCement halts production at Ukraine factory18 November 2014, Published under Cement NewsHeidelbergCement has halted production at its 1.8Mta cement factory in Donetsk, eastern Ukraine after pro-Russian rebels in the regions wanted to impose their own agenda on the production process, a HeidelbergCement spokesperson has said. “The separatists had their own ideas about how the business should be run,” said the German building materials group, which has three plants in Ukraine. The company was unwilling to co-operate with the separatists and would abide by EU sanctions, it said.... |