Cement News tagged under: international
India: VP Cements plans a two-phase plant21 October 2014, Published under Cement NewsVP Cements is planning a two-phase integrated cement project in the village of Gundlakunta, Andhra Pradesh. Land acquisition is in progress, but both phases still await environmental clearance. The total cost of the project is INR16bn (US$261m). Phase one will consist of a 3.2Mta cement project, a 2Mta clinker project and a 1x40MW coal-based captive power plant (CPP) with work expected to commence in 2015. Work on the second stage, which will double the phase one capacity, will start in 2... |
Ghana: Dangote sets retail price reduction deadline21 October 2014, Published under Cement NewsDangote Cement says it expects all retailers of its cement to reduce the price by GHS2.70 by Friday, 24 October following concerns that retailers have failed to cut prices after a reduction announced by the cement producer. Dangote reduced its price on 9 October, the day after Diamond Cement and Ghacem cut their prices by GHS2 following the gradual appreciation of the credit agains the US dollar. Speaking to Citi Business News, Dangote’s sales and marketing manager, Joeseph Kobina Abu... |
Ethiopia: Chinese producers report tough market conditions20 October 2014, Published under Cement NewsEthiopia’s sudden slump in cement demand has left an oversupply situation with Chinese cement producers in the country reporting toughening market conditions. There is increased pressure on some companies to look at surrounding markets to meet their targets. Many local cement producers are having to look at exporting their output, for instance, to Somalia. Meanwhile, domestic cement prices have fallen from between ETN3000/t to 4000/t (US$150 to US$200/t) in 2011 to the current ETB2500. De... |
India: Ambuja Cement launches Ambuja Plus20 October 2014, Published under Cement NewsAmbuja Cement has launched a new cement product, Ambuja Plus, in the state of Maharashtra, India. This innovative product is created with an advanced formula, offering additional strength than ordinary Portland cement, claims the company. Ambuja Plus is aimed mainly at small consumers or individual house builders. MD and CEO Ajay Kapur said: “Ambuja Plus is special quality PPC [Portland Pozzolan] cement with advanced SPE technology that makes concrete stronger and easier to work with. It i... |
India: cement producers target government road projects20 October 2014, Published under Cement NewsHigh-ranking representatives of 17 cement manufacturers promised road transport minister, Nitin Gadkari, that their companies would put in lower bids to encourage development projects, according to the Times of India Group. The ministry has now invited bids asking manufacturers to quote the lowest price ex-factory price that they can offer to road developers. Soon after taking charge of the ministry, Gadkari had proposed long-term contracts with cement majors across the country to purchase... |
HeidelbergCement recognised as 'best improver'17 October 2014, Published under Cement NewsHeidelbergCement has been honoured as the 'best improver' in disclosure of environmental information among the 350 largest-listed companies in the Germany-Austria-Swittzerland (DACH) region by the Carbon Disclosure Project (CDP). HeidelbergCement now ranks among the top five companies in the energy and materials sector. The company received the accolade during the CDP Leadership Award Conference & Ceremony, held in Munich yesterday. Accepting the award, Rob van der Meer, public affairs di... |
Italcementi completes Devnya modernisation17 October 2014, Published under Cement NewsItalcementi has completed the modernisation of its Devnya cement plant in Bulgaria, taking the plant’s capacity to 1.5Mta and employing best available technology. “With one of the largest investments made in the country over the past 25 years, we have helped to make our business more efficient from an industry perspective and aligned with best available techniques to protect the environment. The new facility will allow us to respond appropriately to the demands of both the domestic market a... |
Holcim Awards 2014 winners for Africa Middle East announced in Beirut17 October 2014, Published under Cement NewsThe 12 winning projects of the Holcim Awards 2014 Africa Middle East have been announced in Beirut, with a green building in Turkey, an urban forest rehabilitation in Lebanon, and a low-cost housing plan in Ethiopia receiving the top prizes. The projects, which were recognised with a total of USD330,000 in prize money, focus mainly on enhancing social and environmental resilience, as well as the economy of construction, Holcim said in a statement. "The winning submissions show the developme... |
Saudi Arabia: strong annual 3Q gains for Yanbu despite weak start17 October 2014, Published under Cement NewsYanbu Cement reported a 16.4 per cent rise in third-quarter net profit to SAR163m (US$43.4m), driven by lower cost of sales due to increased production and the government's subsidy on imported clinker. The result was well ahead of estimates by Al-Rahji Capital who forecast net profit of SAR131m for the three month period (consensus: SAR149m). Yanbu's robust performance came as a surprise to Al-Rahji analysts given that the cement producer's sales decided by eight per cent YoY in the first ... |
Cemengal launches new Plug&Grind®XL17 October 2014, Published under Cement NewsCemengal has introduced its new Plug&Grind®XL. The grinding concept is the same as the company’s original and patented Plug&Grind® Classic but allows capacity to reach more than 30tph (>220,000tpa) of cement. The Cemengal Plug&Grind®XL This new Plug&Grind®XL grinding station is housed inside containers and takes eight months to deliver – the same amount of time as the Plug&Grind® Classic. Cemengal highlights that a few months after a contract is produced, the first cement will ... |