Cement News tagged under: international
Ghacem denies any responsibility for cement shortage07 July 2014, Published under Cement NewsResponding to the local reports on Ghana's possibility of facing a cement shortage, Ghacem has refused suggestions that it has reduced production. The company has denied speculation that it had contributed to any shortage and claims that it currently has an output of 58,000t of cement per week. In an interview with the company’s strategy and corporate affairs director, Dr George Dawson-Ahmoah, said Ghacem was currently facing two challenges in attempts to arrest the shortage. It identif... |
Nigerian cement industry backs 42.5 grade cement07 July 2014, Published under Cement NewsMajor cement producers in Nigeria have pledged their commitment to the House of Representatives’ position that 42.5MPa grade cement is to become the minimum standard of cement quality produced in the country. All products that do not meet this benchmark are expected to be withdrawn from the market. The step follows government acceptance of report findings and stakeholder consultation by the Committee on Cement Composition and Pigmentation, which had recommended the 42.5 grade option being... |
Companies contest EU ruling04 July 2014, Published under Cement NewsCement companies have appealed to the European Court of Justice seven rulings the EU General Court upholding the European Commission's broad requests for information (RFI) in an antitrust investigation. Following the opening of its investigation, the Commission requested detailed and voluminous information from the investigated cement manufacturers. The companies challenged the requests before the General Court, alleging that the Commission failed adequately to explain the presumed infring... |
Mexico: Cementos Fortaleza plant to be inaugurated next week04 July 2014, Published under Cement NewsMexichem, Elementia and Lafarge will inaugurate the first plant of Cementos Fortaleza on Tuesday, 8 July 2014. The event will be led by Mexico’s president, Enrique Peña Nieto, and Carlos Slim Helú, head of Grupo Carso. The new works is located in Santiago de Anaya, Hidalgo, and is expected to produce 2Mta. Cementos Fortaleza is a strategic alliance between Elementia, which holds 53 per cent of shares, and Lafarge, which holds the balance. |
Housebuilding boosts UK construction growth04 July 2014, Published under Cement NewsUK construction has grown at its fastest annual pace in four months during June 2014 led by an increase in housebuilding, a survey has suggested. The Markit/CIPS purchasing managers' index (PMI) for the sector rose to 62.6 in June from 60.0 in May, its highest level since February and well above the forecast for a fall to 59.5. The reading beat analysts' forecasts for a fall to 59.5. A measure above 50 indicates growth in the sector. "(This) represents a remarkable yardstick of prog... |
Pakistan exports decline in first 11 months03 July 2014, Published under Cement NewsDespite a marked increase in shipments to India, Pakistan exports have proved disappointing in the first 11 months of the current fiscal, declining both in volume and revenue terms compared to the same period of last year. Latest data shows that Pakistan exported 7.792Mt of cement on revenues of US$460.30m during the first 11 months (July 2014 - May 2014) of fiscal FY13-14, a YoY decline of 5.08 and 12.23 per cent, respectively. The average cement export price fell by 7.05 per cent to US... |
Producers agree to lower Himachal Pradesh prices, India03 July 2014, Published under Cement NewsCement producers operating in Himachal Pradesh (HP) have agreed to reduce the price of cement in the northern Indian state to bring it more in line with prices in neighbouring states, an official has said. "Ambuja, ACC and Jaypee have agreed in principle to reduce the price with immediate effect," a government spokesperson told local press. The move comes as chief minister of Himachal Pradesh, Virbhadra Singh, toughens his stand on cement being sold in Himachal Pradesh at rates higher t... |
ARM acquires full control of Rwandan producer03 July 2014, Published under Cement NewsARM Cement has completed the acquisition of Kigali Cement, taking full control of the Rwandan producer. ARM Cement, which has held a 35 per cent stake in the company, bought out the remaining 65 per cent stake held by various shareholders to take complete control of the firm. The deal was finalised in April. "We finally acquired a 100 per cent equity stake and full control of our Rwanda grinding plant," a newly released annual report by the company quoted Chairman, Rick Ashley as sayin... |
Vietnam first-half cement output rises 7%02 July 2014, Published under Cement NewsVietnam produced 29.5Mt of cement in the first half of this year, up seven per cent YoY, the government’s General Statistics Office (GSO) has said. The figure includes 5.4Mt sold in June, up 19 per cent, the office added. The GSO has, however, revised down the country’s cement output in May to 5.4Mt from the earlier estimated figure of 5.5Mt. In 2013, Vietnam’s cement output hit 56.84Mt, according to the revised figure. |
US shipments rise 6% YoY02 July 2014, Published under Cement NewsShipments of Portland and blended cement in the US and Puerto Rico for the four months to the end of April 2014 reached 23.1Mt, up by about six per cent YoY, latest data from the US Geological Survey (USGS) shows. Shipments in April were 7.4Mt, an increase of about 11 per cent from the level in the same month of the previous year. The leading consuming states (Texas, California, Florida, Ohio and Illinois, in descending order), received about 41 per cent of the April total shipments. Pr... |