Cement News tagged under: international
Positive outlook for Pakistan producers03 June 2014, Published under Cement NewsThe government of Pakistan said yesterday it expects the domestic cement industry to prosper during fiscal FY14-15, led by improvements in local pricing and demand. According to the Pakistan Economic Survey 2012-13 released yesterday, due to improving cement prices this year, the outlook for most cement players is positive for the next fiscal which begins in July 2014. Local cement dispatches are also expected to increase due to improvements in Public Sector Development government expe... |
ACC begins preliminary coal usage, Egypt03 June 2014, Published under Cement NewsEgypt-based Arabian Cement has started testing coal at its cement plant as part of plans to secure alternative energy sources. In April, the government approved the use of coal for energy production in the hope that it would prevent any further weakening of output levels due to energy restrictions. In addition, ACC has been making strides with the use of other energy sources. “The company has already completed the first phase of its plan for converting solid waste, which currently provi... |
Dangote Cement to sell first cement in Cameroon in July02 June 2014, Published under Cement NewsDangote Cement will start selling cement produced in its factory in Cameroon from July onwards. It expects works on its new plant to be finalised within a month, according to the company. Representing an investment of XOF54bn (US$112m), the new facilities have a 1Mta production capacity and it expected that cement production will surpass 1.5Mta from 2016. “The price of Dangote cement will be very competitive,” according to Baba Abdullahi, Dangote Cameroon’s MD, against 50kg bags by ... |
APCMA budget proposals02 June 2014, Published under Cement NewsThe All Pakistan Cement Manufacturers Association has proposed a number of incentives to facilitate the industry ahead of tomorrow’s 2014-15 Budget announcement. Among the budget proposals from the APCMA, it has called on the government to abolish the Federal Excise Duty on cement (currently FED400/t) in a phased manner, and reduce general sales tax (GST) from 17 to 12.5 per cent. Officials from the country’s Federal Board of Revenue (FBR) stated that the government promised cement ma... |
Lafarge Algeria awards Sinoma Djamoura contract30 May 2014, Published under Cement NewsSinoma has been awarded its second cement plant project in Algeria as the Lafarge-Souakri joint venture signed the turnkey contract for its Djamoura works in Biskra. The new works will have a production capacity of nearly 3Mta and represents an initial investment of DZD32bn (US$0.4bn). Output from the plant will help the development of Algeria’s eastern region as well as reduce its reliance on imports from 2016 onwards. Work is expected to start soon with delivery scheduled in stages by ... |
Vietnam estimated output at 5.5Mt in May30 May 2014, Published under Cement NewsVietnam is estimated to have produced 5.5Mt of cement in May, up four per cent from April and 9.8 per cent from a year ago, according to data from the government’s General Statistics Office (GSO) said.?? In the five-month period, the country’s cement output is likely to have increased by 5.4 per cent YoY to 24.2Mt, the office said in a monthly report. The GSO revised down the country’s cement output in April to 5.3Mt from the previous estimate of 6Mt.??In 2013, Vietnam’s cement output ... |
India: Himachal Pradesh cabinet withdraws Jaiprakash MoU30 May 2014, Published under Cement NewsThe state cabinet of Himachal Pradesh (HP) has cancelled the Memorandum of Understanding for a 2Mta cement plant planned by Jaiprakash Associate Ltd's (JAL) for failure to launch construction. The Times of India reported that the decision to withdraw the MoU, originally signed on 1 February 2007, was taken a few days ago by the Industries department. With many cement companies failing to set up their projects, the state cabinet in May last year decided to issue notices to Harish Cements, ... |
China cement exports decline in 4M1430 May 2014, Published under Cement NewsChina's cement exports declined by 9.4 per cent YoY to 2.96Mt in the first four months of 2014, according to data released by the General Administration of Customs. However, the growth rate was 1.5 per cent higher than the level realised in the first quarter of this year. Clinker exports surged 63.09 per cent YoY to 1.31Mt over the Jan-April 2014 period. Imports amounted to 94,600t of cement in the first four months, reflecting a YoY decrease of 9.32 per cent. Clinker imports increa... |
Iskitimcement forecasts flat 2014 sales30 May 2014, Published under Cement NewsIskitimcement, based in Novosibirsk region, Siberia, said sales are expected to remain flat this year at 1.7M, according to Russian media. The company plans to produce 1.703Mt of cement in 2014, up one per cent on the previous year, Esmerk Russian News reported. Iskitimcement, in which Siberian Cement holds a 25 per cent stake, plans to invest develop its logistics system and to improve the product quality in 2014 with an investment of RUB75m, up 16.4 per cent on the 2013 development spen... |
Mangalam starts production at Rajasthan unit, India29 May 2014, Published under Cement NewsMangalam Cement, part of the BK Birla Group, has started commercial production at its new cement mill in Adityanagar Morak, District Kota, Rajasthan. The 1.25Mta mill has completed trial runs and started production on 28 May 2014, the company said in a statement to the Bombay Stock Exchange. Completion of the new facility has now enhances overall cement capacity from 2Mta to 3.25Mta. The company has also been investing in increasing clinker production capabilities by 0.5Mta to take its cl... |