Cement News tagged under: international
Najran launches waste heat recovery operations01 July 2014, Published under Cement NewsSaudi-based producer Najran Cement said launched operations of its waste heat recovery project yesterday. The company successfully completed the performance guarantee tests stated in its contract with Sinoma of China, according to local press reports. |
Holcim expansion project complete, Bangladesh30 June 2014, Published under Cement NewsHolcim Bangladesh has completed expansion of its Meghnaghat grinding plant, achieving an additional capacity of 0.7Mta. The investment included installation of a 110tph closed circuit ball mill, a 0.7Mta electronic packer, a bulk loading system, 30,000t clinker storage unit and pneumatic fly ash unloader Aidan Lynam, corporate Functional Manager in charge of the technical support for South Asia, who also oversees Holcim’s activities in Bangladesh and Sri Lanka, travelled to Dhaka City... |
Colombian market grows 14.7% in May30 June 2014, Published under Cement NewsDispatches and output of cement in Colombia rose by 14.7 and 15.3 per cent, respectively in May, according to domestic statistics office, Dane. May deliveries reached 1.034Mt while production rose to 1.071Mt. Sales in Norte de Santander lead the market expansion, rising by 46.3 per cent, followed by Cundinamarca (30 per cent), Atlántico (23.8 per cent), Antioquia (20 per cent) and Bogotá (15 per cent). In the year to date, sales have increased 12.2 per cent to 4.772Mt while production r... |
PCL sees progress with branded product30 June 2014, Published under Cement NewsPacific Cement Limited (PCL), formerly Fiji Cement Industries, has reported positive progress with its branded cement following an increase in demand for supplies from distributors. Sonni Dutt, PCL acting general manager, told the Fiji Times that the company has been producing cement for home brands for the past 12 months, whereby customers had been given the opportunity to select the brand. The Fijian Holdings Group company started with its distributor in Port Vila, Vanuatu who requested ... |
Dangote’s Cameroon plant scheduled for August launch30 June 2014, Published under Cement NewsDangote has rescheduled the launch of its Cameroon cement plant for August 2014, management told local press during a site visit to the new plant. Baba Abdullahi, Dangote Cement Cameroon’s managing director, said the factory’s launch has been rescheduled due to to electricity provision problems, the need to ensure viable access to the cement factory and unfavourable weather which has caused work to slow. But, overall, the company’s heads maintain that construction on the Douala factory ... |
Azerbaijan cement output increases 40% YoY30 June 2014, Published under Cement NewsIn the first five months of the year, Azerbaijan produced 1.1Mt of cement, a 40 per cent increase compared to the same period of 2013. The rise in domestic output has been attributed to the entry of new players in the local market and declining imports. Imports in the first five months of the year amounted to US$50m compared to US$61.5m, a drop of 19 per cent YoY. Going forward, the dependence of imports is expected to fall by 20 per cent in 2014-2015, according to industry sources. |
Brazilian monthly cement sales slip27 June 2014, Published under Cement NewsPreliminary industry data and market estimates indicate that cement sales in the Brazilian domestic market in May 2014 reached 5.932Mt, down 0.7 per cent YoY, latest data from SNIC shows. Sales for the period January-May 2014 reached 28.8Mt. Compared to the same period of 2013, showed growth of 2.8 per cent. Cumulative sales in the last 12 months (June 2013 – May 2014) reached 70.7Mt, an increase of 3.1 per cent over the previous period (June 2012 - May 2013). |
China Resources sales exceed guidance27 June 2014, Published under Cement NewsChina Resources Cement said its cement and clinker sales prices have exceeded expectations this year, meaning that first half profit "is expected to be significantly increased as compared with the corresponding period in 2013," the company says. "The strong cement price in off season (2Q14) is suggesting better and demand balance in southern China," says Guotai Junan Securities. "We believe cement price might pick up in 4Q14 and recent sell-off makes CR Cement more attractive." |
RAM Ratings reaffirms Lafarge Malaysia rating27 June 2014, Published under Cement NewsRAM Ratings has reaffirmed the AA2/Stable/P1 ratings of Lafarge Malaysia Berhad's MYR350m (US$109m) Islamic Securities Programme (2010/2017). The ratings are premised on Lafarge Malaysia's strong business and financial profiles despite the entry of a new player, rising costs and pricing pressure. "Lafarge Malaysia delivered a positive performance in FY December 2013. Its revenue and pre-tax profit rose by four per cent and 10 per cent YoY respectively. Lafarge Malaysia's financial profile ... |
Kesoram Industries to restructure businesses, India27 June 2014, Published under Cement NewsKesoram Industries, part of the BK Birla Group, has set up a three-member committee of directors to explore options to reorganise its businesses, including the possible hiving off of its cement unit.. Two directors of the committee are independent, the company said. There has been speculation that Kesoram, which has interests in cement, tyre and rayon businesses, may merge its cement division with group entity Century Textile's cement business. The move to realign the company's ... |