Cement News tagged under: international
Trinidad Cement Ltd increases prices02 July 2014, Published under Cement NewsTrinidad Cement Ltd (TCL) has increased its prices as of 1 July 2014 to help counter increases in production costs. The company stated: “TCL Premium Plus, which accounts for 95 per cent of local market share, will be adjusted by nine per cent, which is equal to a five cent increase per pound from US$.53 to $.58 VAT inclusive. Ordinary Portland Cement (OPC), which is used by approximately five per cent of the market, will move by 15 per cent.” TCL added: “These price movements have resul... |
Argentina: May cement deliveries increase 2.6 per cent MoM02 July 2014, Published under Cement NewsIn May 2014, Argentina’s cement producers delivered 929,202t of cement (including exports), up 2.6 per cent when compared with April, but down 8.5 per cent YoY. Domestic demand, including imports, increased 2.7 per cent MoM to 920,093t. Compared with May 2013, however, it fell by 7.8 per cent. |
Lafarge Pakistan launches new Xtreme Bond product02 July 2014, Published under Cement NewsLafarge Pakistan has launched its Xtreme Bond product, a new tile adhesive designed and developed by the company. The adhesive, unveiled at a ceremony in the capital Islamabad, has been specifically designed to combat risks that can occur during tiling, such as differential shrinkage, allowing the job to be completed within a shorter time period, it added. Mirza Sheeraz, brand manager of Xtreme Bond said: “Developing new innovative products that work to make the process easier for professi... |
Lafarge Canada seeks approval to burn waste plastic at Brookfield02 July 2014, Published under Cement NewsLafarge Canada plans to apply to Nova Scotia’s Environment Department for a trial permit to burn waste plastic as an alternative fuel at its Brookfield cement plant. The plastic would partially replace coal use at the works. The project is expected to create jobs in the local area, related to the preparation and transportation of the potential fuel. The cement plant will run an open house on 17 July as part of the community consultation process. |
US: PCA maintains favourable outlook despite 1Q weakness01 July 2014, Published under Cement NewsAccording to the PCA’s ‘2014 State Construction and Cement Forecasts - All States’, first-quarter weakness among some economic indicators appears temporary and the association maintains a favourable outlook for 2014. "Steady job growth, healthier government finances, and improving residential metrics following the winter freeze are setting the stage for continued construction expansion," the PCA said. The report indicates that growth is expected to be broad-based with 43 states projected ... |
APCMA calls on government to eliminate duty on imported coal01 July 2014, Published under Cement NewsThe All Pakistan Cement Manufacturers Association (APCMA) is calling on the government to eliminate the one per cent duty on imported coal as it has done with other fuel types since its initial introduction. The association has requested has requested Prime Minister Mian Muhammad Nawaz Sharif, Ishaq Dar, Minister for Finance and Tariq Bajwa, chairman of the Federal Board of Revenue to restore zero taxation on the cement industry’s main fuel. The Pakistan cement sector relies heavily on... |
OCC inks financing agreement for new mill project01 July 2014, Published under Cement NewsThe Oman Arab Bank (OAB) has signed new banking facilities to Oman Cement Company (OCC) for its new cement mill No 5 project, including a term loan in addition to letters of credit. The Times of Oman reported that the agreement was signed by Jamal bin Shamis Al Hooti, CEO of OCC and Amin Al Husseini, CEO of the Oman Arab Bank. |
Eurocement signs Uzbekistan supply contract01 July 2014, Published under Cement NewsEurocement has signed a US$128m contract with China CAMC Engineering, a unit of Sinomach, for the supply of equipment, as well as design, installation, and training for a new cement plant in the Tashkent region of Uzbekistan, the group said in a statement Monday. The plant will have a projected cement capacity of 2.4Mta and will be launched in 2016. It will be operated under Eurocement’s local Uzbek subsidiary, Akhangaran Cement. In May, Eurocement Group signed a US$500m equipment supply c... |
Bolivia's cement market expected to expand 6-10% in 201401 July 2014, Published under Cement NewsCement producers in Bolivia expect domestic cement demand to grow by 6-10 per cent in 2014. Last year, consumption reached 3.3Mt and sources at Fancesa said cement demand is forecast to be higher this year. The departments of La Paz, Cochabamba and Santa Cruz comprise around 75 per cent of domestic demand. In 2013, Soboce sold 1.55Mt of cement but the company said that sales during the first quarter of this year were affected by heavy rains. Between January and May 2014, it produced 5... |
JK Cement starts commercial production from Jharli grinding unit, India01 July 2014, Published under Cement NewsJK Cement has started commercial production from its split-grinding unit at Jharli in the northern Indian state of Haryana. The 1.5Mta plant will source its raw material from both internal and external sources such as fly ash from NTPC power plant and clinker from JK Cement’s Nimbahera and Mangrol units. The new facility will help the company serve major markets like Delhi, Haryana and Punjab “more effectively and logistically,” according to a statement posted on the company’s website. |