Cement News tagged under: international
Papua New Guinea to build new cement plant07 May 2014, Published under Cement NewsA project to convert Simbu province's vast limestone resource into cement will begin this year, said Peter O'Neill, Papua New Guinea's Prime Minister. The Prime Minister told Parliament that the province's Chuave district has a limestone resource that will be commercially developed under a project that has already been brought before Cabinet for its approval. "The NEC has approved PGK28m (US$10m) for this project. We are now insisting that a credible partner be found to fully develop th... |
Cembureau: 4Q13 economic improvement in Europe07 May 2014, Published under Cement NewsCembureau noted a clear improvement in the macroeconomic and industrial environment across the EU over the second half of 2013, gaining some momentum in 4Q13, resulting in overall better annual 2013 figures compared to one year earlier. Real GDP growth in 2013 was 0.1 per cent (versus -0.4 per cent in 2012) in the EU. Germany recorded a GDP growth of 0.4 per cent (versus 0.7 per cent) and France of 0.3 per cent (versus 0 per cent). Italy and Spain remained in recession, albeit less severe... |
Angola: FCKS inaugurates 4500tpd kiln line06 May 2014, Published under Cement NewsFábrica de Cimento do Kwanza Sul (FCKS) has inaugurated its Kwanza Sul Cement plant and is now ready to start supplying cement in Angola following a construction period of four years and six months of tests, said the company's director Tembua Mucazo Roberto.The US$600m project was funded by South Korean group Samsung Corp. At the inauguration ceremony, Tembua Mucazo Roberto said that the plant had a clinker capacity of 4200tpd and a cement capacity of 4500tpd. These figures are similar to... |
Nicaragua: Cemex builds new grinding plant06 May 2014, Published under Cement NewsMexico's Cemex has begun construction on a new US$55m cement grinding plant in Nicaragua, the company said in a statement. The new grinding plant will boost cement capacity in Nicaragua by 440,000tpa and help to meet rising cement consumption. The country's cement has been boosted by the need for more housing and infrastructure development. Cemex said the new plant in Ciudad Sandino, on the outskirts of the capital Managua, will eventually include two grinding mills and is expected to be c... |
Pakistan producers raise cement prices05 May 2014, Published under Cement NewsCement prices in Pakistan have increased by PKR10/50kg bag from PKR525 (US$5.31) to PKR535. Cement companies, including DG Khan Cement, Lucky Cement and Falcon Cement have raised the price of a 50kg bag from PKR515.20 to PKR525.35. In June 2013, a 50kg bag cost PKR450 but after the budget announcement it rose to PKR500 in July as the sales tax regime was changed. Cement makers that are dependent on power from the national grid have attributed the rise to a hike in power rates by Nepra.... |
Colombia’s cement producers raise output by 16% in March 201402 May 2014, Published under Cement NewsColombia’s cement production rose in March 2014 by 16 per cent, particularly in Cundinamarca (+35 per cent), Antioquia (+33.3 per cent), Bogotá (+22 per cent) and Valle del Cauca (+26 per cent). These latest advances in output see first-quarter 2014 cement production increase by 9.8 per cent, underlining previous expectations that the construction sector is contributing significantly to the country’s economic growth. |
Egypt production disrupted by gas shortages02 May 2014, Published under Cement NewsSecuring sufficient fuel to operate production facilities has become one of the key challenges for Egyptian cement manufacturers with output rates dropping and input costs rising, leading to cement prices rising. Latest industry reports state that production has come to a halt at 10 cement plants following EGAS's decision to temporarily cut off the gas supply. The plants reportedly account for approximately 70 per cent of Egypt’s cement output. An official from the Federation of Egyptia... |
Steppe Cement profit rises as Kazakh market grows 13%02 May 2014, Published under Cement NewsKazakhstan-based Steppe Cement Friday reported an increase in profit and revenue in the full year 2013, as domestic demand grew by double-digit figures. Steppe posted pretax profit of US$13m for 2013, up from US$12m a year earlier, as revenue rose to US$123m from US$120.2m in 2012. EBITDA for 2013 rose to US$28.7m compared with US$24.9m in 2012. Steppe said it sold 1.4Mt of cement during the period, up from 1.3Mt a year earlier, while selling prices increased five per cent in US dollar... |
Lafarge Pakistan hosts groundbreaking ceremony for CSR project02 May 2014, Published under Cement NewsThe groundbreaking ceremony of a fully-equipped medical unit and parking complex was held at Lafarge Pakistan’s operations in Kallar Kahar, Chakwal district, earlier this week. Among those in attendance were Philippe Thiébaud, Ambassador of France to Pakistan and Malik Tanveer Aslam Awan, Pakistan’s Minister for Housing, Urban Development & Public Health Engineering. “The medical unit aims to provide healthcare treatment in the area to the local villagers and surrounding villages within D... |
Asia Cement expects rise in shipments following Sichuan acquisition02 May 2014, Published under Cement NewsAsia Cement Corp expects a strong rise in shipments from its Chinese unit during the second quarter of 2014 compared to the same period a year ago, as it is set to benefit from the acquisition of two production lines in Sichuan province. Deliveries are expected to increase to 8Mt this quarter, compared with 5.29Mt a quarter ago, following the recent acquisition by subsidiary Asia Cement (China) of Sichuan Lanfeng Cement Co, the company said. Earlier this week Asia Cement (China) reported a... |