Cement News tagged under: international
Improving demand outlook for SCC, Thailand15 July 2014, Published under Cement NewsDespite demand for cement and building materials yet to show signs of recovery in Thailand, consumption is expected to improve, particularly from next year, according to a recent report. Analysts at TISCO Securities believe the economic policy of the new government will help boost domestic consumption and raise public investments, which will turn to demand for basic materials, e.g. cement, building materials, paper & packaging and plastics, all of which are SCC's products. However, the de... |
Decline in housing starts dent Moroccan demand15 July 2014, Published under Cement NewsThe first half of 2014 has seen cement sales in Morocco experience a 4.4 per cent decline to 7.435Mt, latest figures released by the country's cement producers' association, APC, show. Industry analysts expect Morocco to experience a further year of decreasing sales after deliveries to the domestic market were down 6.3 per cent YoY at the end of 2013. According to Attaijari Intermediation, a 4.4 per cent drop in domestic cement sales is forecast by the end of 2014, mainly due to a signifi... |
Saudi Cement posts second-quarter net profit drop15 July 2014, Published under Cement NewsSaudi Cement posted a 6.2 per cent drop in second-quarter net profit on Monday as declining sales impact revenue. The kingdom’s largest listed cement producer by market value made a net profit of SAR288m (US$76.8m) in the three months to the end of June 2014, compared to SAR307m in the comparative period of last year. |
Lucky Cement refutes QWP claims, Pakistan14 July 2014, Published under Cement NewsLucky Cement has countered claims by local political party representatives who allege the insufficient provision of royalties and social sector initiatives to the district in which the cement producer operates. Last week, it was reported that Imranullah Begukhel, general secretary for the Qaumi Watan Party (QWP), and representatives for the Begukhel, Samandi and Darra Tang union councils were calling on Lucky Cement to launch schemes which would provide a boost to residents of the Lakki Mar... |
Indonesia sales growth slows in first six months14 July 2014, Published under Cement NewsIndonesian cement sales growth has slowed in the first six months of the year, leading to concerns that the country may miss its full year target. For the six months to the end of June 2014, domestic sales reached 28.9Mt, up 3.9 per cent YoY but well below the full-year growth target of six per cent. According to data from the Indonesian Cement Association (ASI), cement demand on the island of Sulawesi rose at the highest YoY rate of 5.7 per cent YoY to 2.1Mt. Consumption on Java, Ind... |
Diamond Cement’s new Congo works on track for 2Q15 start14 July 2014, Published under Cement NewsThe construction of Diamond Cement’s plant in Mindouli in the Republic of Congo is now around 40 per cent complete and is on-track for completion in the second quarter of 2015. The new works will have a cement production of 0.6Mta in the first stage, with the option to expand this to 1Mta. Once completed, Congo will have three cement works, including the 0.3Mta Sonnoc-based Loutété in Bouenza and Forspak’s 0.3Mta Dolisie Niari works. At Hinda, in the department of Kouiou, a further ce... |
Iran first-quarter exports exceed 5Mt14 July 2014, Published under Cement NewsIran exported over 5.07Mt of cement and clinker during the first quarter of the Iranian year, according to local news reports. In the third Iranian calendar month of Khordad (22 May - 21 June 2014), cement and clinker exports totaled over 1.203Mt and 398,798t, respectively, the Mehr News Agency reported on Sunday. In the previous Iranian calendar year, which ended on 20 March 2014, exports amounted to 18Mt of cement. Volumes have previously been delivered to some 24 countries including I... |
Tvornica Cementa Kakanj environmental upgrade investment14 July 2014, Published under Cement NewsBosnia-based producer Tvornica Cementa Kakanj plans to invest BAM20m (EUR10.225m) to upgrade its facilities and improve its environmental performance. The investment covers the period from 2013 to 2018. This year alone, Tvornica Cementa Kakanj (TCK) plans to invest BAM5m mainly on modernising its cement mills and dust collection system, news portal Indikator.ba said, quoting the company’s notice sent to the Tuzla Canton. The country's leading cement producer is majority-owned by Dutch-b... |
Ciments Calcia opens new distribution centre in Paris14 July 2014, Published under Cement NewsCiments Calcia opened a new distribution centre in the 13th arrondissement of Paris, France, on 4 July 2014, designed by Vib Architecture. The centre consists of two 20m dia silos that rise to a height of 37m. A third cylinder, which has a cut-out design includes a lift and a wrap-round metal staircase. The facility, which was cast in slipform, took three weeks to build. |
Lafarge expansion to upset Dangote Cement plans?11 July 2014, Published under Cement NewsLafarge Wapco’s shareholders have approved the merger between the Nigerian unit of French cement maker Lafarge, Lafarge Wapco, and its wholly-owned South African subsidiary. The consolidation of the South African unit with Nigeria’s Lafarge Wapco, Lafarge says, will help accelerate its growth on the African continent and expand its product offering in South Africa and across the region. The merger, analysts say, is a clear signal of Lafarge’s intent to compete for a larger share of Africa’... |