Cement News tagged under: international
Argentina records stable September sales07 October 2014, Published under Cement NewsArgentina’s cement plants dispatched 1,054,294t of cement (including exports) in September 2014, according to the latest figures by the country’s cement association, AFCP. This represents an improvement of five per cent when compared with August and 0.3 per cent YoY. Exports fell from 9566t in September 2013 to 8863t one year later. Meanwhile, the domestic market absorbed 1,045,852t, including imports, up 5.3 per cent MoM and 0.3 per cent YoY. For the year to date, dispatches sl... |
Hope Construction Materials opens its first greenfield quarry, UK07 October 2014, Published under Cement NewsHope Construction Materials, Britain's leading independent supplier of aggregates and concrete, has announced the opening of its first new, greenfield quarry as part of its UK development plan. Hope Chairman Amit Bhatia officially opens Black Cat Quarry, alongside (L to R) Simon Bryant – Black Cat Quarry Manager, Sean Hoare, Managing Director ECL Civil Engineering and Lee Babb, Senior Buyer ECL Civil Engineering. ‘Black Cat’ Quarry on the A1 Black Cat roundabout near Ro... |
Century Textiles Manikgarh unit starts production07 October 2014, Published under Cement NewsCentury Textiles & Industries has commenced production and started cement dispatches from its Manikgarh Cement Unit No II as of 26 September 2014. The new facility, which is an expansion of the Manikgarh Cement plant, has a capacity of 2.8Mta. The plant is situated in the western Indian state of Maharashtra. |
Southeast Asian producers eye eastern Indonesian investments07 October 2014, Published under Cement NewsA number of Southeast Asian companies are reportedly eyeing the construction of cement plants in eastern Indonesia, according to Andi Unggul Attas, president director of PT Semen Tonasa, Mr Attas told local press that investors from China, Thailand, and Vietnam are targeting the eastern Indonesian market in regards to the ASEAN Economic Community in 2015. "The level of cement demand in Indonesia is the highest in Southeast Asia, so naturally everyone has their eyes here," he said in Pa... |
CRH reportedly selling brick business06 October 2014, Published under Cement NewsIrish building materials major CRH is selling its clay brickwork division for up to GBP600m, according to reports in The Sunday Times. The move comes as the company prepares to bid for a group of cement business from Holcim and Lafarge as the two companies look to shed assets ahead of their proposed merger. The reported cited city sources who said CRH had hired bankers from JP Morgan to find a buyer for the division. Several private equity firms are thought to be interested in buying the ... |
Egypt: Suez Cement to close Tourah Factory 106 October 2014, Published under Cement NewsSuez Cement Co has voluntarily agreed to close its Tourah Factory 1 to comply with the local government's policy to reduce the number of facilities that do not meet environmental standards. The Egypt-base producer has instead chosen to invest in excess of EGP500m in environmental mitigation measures at its Tourah Factory 2, local newspaper Al Mal News said yesterday. |
Holcim considers next move after court rejects carbon theft lawsuit06 October 2014, Published under Cement NewsHolcim is considering its options after the European Court of Justice (ECJ) dismissed its lawsuit against the European Commission over the theft of 1.6m emissions allowances in 2010. On 18 September, the ECJ said it had rejected Holcim's arguments that the Commission should compensate the firm for around EUR17.6m for damages suffered when the online carbon trading account of its Romanian subsidiary was hacked. In its judgment, the court ruled that Holcim must bear the losses resulting from... |
Algeria: Jan-Aug cement import volumes up 28% YoY03 October 2014, Published under Cement NewsThe value of cement imports to Algeria in the first eight months of 2014 soared 31 per cent with a bill of US$373.5m against US$285.3m in the same period of last year, the Customs' National Centre for Data Processing and Statistics told the Algerie Presse Service (Algiers). Cement import volumes increased by nearly 28 per cent from 3.2Mt to 4Mt, CNIS provisional data revealed. The overall bill for the import of building materials increased by seven per cent hitting US$2.25bn during the... |
India: Reliance Infrastructure looks to triple capacity03 October 2014, Published under Cement NewsReliance Infrastructure plans to nearly triple its cement generation capacity to 15Mta over the next three years. The company's capacity currently stands at 5.8Mta from its plants in Madhya Pradesh (MP), Maharashtra, Uttar Pradesh and Bengal. "We will be tripling our cement capacity in the next three years by setting up new plants in MP and Maharashtra," company chairman Anil Ambani told shareholders during the AGM earlier this week. Ambani further said the new road projects that are like... |
Semen Tonasa plans Papua factory, Indonesia03 October 2014, Published under Cement NewsPT Semen Tonasa plans to develop a new factory in Papua with a total investment of up to IDR3trn (US$247.08m), to cut distribution costs, according to its CEO, Unggul Atas. Sales in the eastern provinces of Papua and Maluku until August reached 787,408t, down 1.5 per cent from a year earlier. Cement consumption in Papua and Maluku was 1.2Mt in 2013, down two per cent from 1.22Mt a year earlier. (Source: Investor Daily, Indonesia) |