Cement News tagged under: international
Peruvian firms tumble on concerns of slowing shipments10 October 2014, Published under Cement NewsPeruvian cement makers slumped on concerns of slowing building materials sales while the government scales back infrastructure spending. According to reports by Bloomberg, Cementos Pacasmayo SA fell one per cent yesterday, its sixth straight daily decline, to PEN4.75. Unacem, the country’s largest cement producer, lost 1.7 per cent to PEN2.9, the lowest since September 2012. In August domestic dispatches in the Peruvian cement market edged 0.75 per cent down to 908,553t when compared with... |
Mexican and Colombian imports to help meet Nicaragua project10 October 2014, Published under Cement NewsImports from Mexico and Colombia can ensure the supply of cement for the Gran Canal Interoceanico project in Nicaragua, according to the president of the High Council of Private Enterprise, José Adán Aguerri. He added that steps were being taken to further research supply options in the wider region, including the Caribbean, with the help of the private sector. However, the area faces supply shortages, which are expected to require further capacity building by cement companies. For example... |
Industry majors reportedly teaming up for LH asset disposals09 October 2014, Published under Cement NewsCRH is reportedly teaming up with Cemex to bid for all the assets that Lafarge SA and Holcim Ltd will have to sell to secure the approval of European competition authorities for their proposed merger, Reuters reported on Tuesday. HeidelbergCement AG of Germany and Brazil's Votorantim Cimentos SA also are understood to be considering a joint bid for the assets, according to sources familiar with the matter cited by Reuters. The groups would be competing with several private equity bidders f... |
Mitsubishi plans CA terminal expansion, USA09 October 2014, Published under Cement NewsMitsubishi Cement is seeking to expand the footprint of its import terminal at the Port of Long Beach, California, for the more efficient handling of operations. Port officials this week released a draft report reviewing the potential environmental impacts of a project being proposed by Mitsubishi Cement. A hearing for the draft EIR is set to place take on 22 October 2014. Mitsubishi Cement wants to reconfigure a cement import facility, adding storage for 40,000t of products, new ship unlo... |
CEMBUREAU & Birdlife call for no changes to rules that protect European nature09 October 2014, Published under Cement NewsCEMBUREAU, the European Cement Association and BirdLife have appealed to the president of the European Commission to "not change the rules that protect European nature”. In an open letter to Jean-Claude Juncker, CEMBUREAU and BirdLife state: "After decades of existence the Birds and Habitats Directive have just started to deliver where governments have taken the necessary steps for their implementation through specific and targeted instruments (such as management plans and environmental im... |
Steppe Cement reports 5.7% rise in 3Q revenue09 October 2014, Published under Cement NewsKazakhstan cement producer Steppe Cement Ltd Thursday reported third-quarter 2014 revenue of KZT7.65bn (US$42m), higher than the KZT7.24bn reported in the same period the previous year. The company achieved sales of 582,429t during the three month period, a 16 per cent increase from the third quarter of 2013, the company added. |
Holcim Vietnam plant to take toxic oil09 October 2014, Published under Cement NewsAuthorities in Vietnam’s northern province of Quang Ninh will remove 7000l of toxic oil from the edge of the Ha Long Bay and dispose of it at Holcim's cement plant in Mekong Delta. News website Dan Tri cited a source from provincial authorities as saying the PCB-laced oil will leave the bay for the factory in Kien Giang Province within the coming days. Holcim is capable and properly-equipped to transport the oil, the official said. The oil is contaminated with PCBs (polychlorinate... |
GHACEM cuts prices on appreciation of cedi08 October 2014, Published under Cement NewsGHACEM, the leading cement producer in Ghana, has reduced the price of cement following the recent appreciation of the cedi against major international currencies. The ex-factory price of its 50kg cement bag has been reduced from GHS30.55 to GHS27.965, effective Tuesday, 7 October. The Ghanian cedi experienced a free fall against the major trading currencies, depreciating about 30 per cent to the US dollar in the first half of 2014. The situation has impacted on imported goods across ma... |
Pakistan first-quarter dispatches up 4.86% YoY08 October 2014, Published under Cement NewsPakistan's total dispatches for the first quarter of the current fiscal increased by 4.86 per cent YoY as domestic sales offset lower exports. Domestic sales increased by 9.85 per cent in the July-September period, according to the latest data. Exports however, dropped by 8.13 per cent YoY during the period. Total dispatches during September 2014 were 3.15Mt compared to 2.94Mt during the same month last year. Domestic dispatches in September were down 13.86 per cent 2.42Mt compared to 2... |
Belarus intends to increase exports to Russia08 October 2014, Published under Cement NewsBelarus intends to export more cement to Russia in the years ahead, according to Vice Prime Minister of Belarus Anatoly Kalinin At a meeting with Russia's leading producer Eurocement Group on 3 October 2014, Mr Kalinin remarked that work is in progress to implement the contractual obligations signed by the two parties, the press service of the Belarus government told BelTA. At the same time, these exports are about 30 per cent behind the adopted schedule. According to Mr Kalinin, the Be... |