Cement News tagged under: international
Vietnam April output estimated to have increased 12.65% YoY29 April 2014, Published under Cement NewsVietnam is estimated to have produce 6Mt of cement in April, up seven per cent from March and 12.65 per cent from a year ago, the government’s General Statistics Office (GSO) said. In the four months to the end of April 2014, domestic cement output rose 7.6 per cent YoY to 19.4Mt, the office said in a monthly report. The office revised down the country’s cement output in the quarter to 13.4Mt from the earlier estimated figure of 12.7Mt. In 2013, Vietnam’s cement output hit 56.84Mt, a... |
Mykolaivcement posts 2013 loss, Ukraine29 April 2014, Published under Cement NewsCRH group company Mykolaivcement reported a loss of UAH63.234m (EUR4m) for 2013, with net revenue down by 10 per cent, or UAH61m, to UAH538.8m. In 2012, the Mykolaiv-based company suffered a loss of UAH66.9m. CRH acquired Mykolaivcement from Lafarge in April 2013 for EUR96m, a deal which made the Irish building materials major the leading cement producer in Ukraine. CRH also owns Podilsky Cement and in 2011 acquired a majority stake in Odessa Cement. |
Price increase for Karachi market, Pakistan28 April 2014, Published under Cement NewsPakistan cement producers have increased the price of cement by PKR5/bag to PKR220-235/bag in Karachi, according to local retailers. “The latest increase is made after a gap of six to eight weeks,” vendor Muhammad Sohail told News International (Pakistan), adding that the previous increase of PKR5 per bag was made sometime in March. Commenting on the increase, an analyst said that the surge in development work in the country has provided room to the manufacturers to raise the price of th... |
Turkish firm eyes Uganda investment28 April 2014, Published under Cement NewsTurkish-owned tourism and trading company, Kolin Construction, has expressed interest in Uganda’s cement manufacturing industry, according to local press reports. East African Business Week reported that Kolin Construction company chairman Naci Kologlu met Uganda's president Yoweri Museveni last week, stating: “There are many opportunities and we think the cement industry is still not so crowded."President Museveni then reportedly asked the company to tap into the abundant raw material opp... |
Solidia’s CO2-curing technology for reduced water consumption28 April 2014, Published under Cement NewsA white paper on water use in the global production of cement and concrete finds that a savings of 2bnt of water per year could be realised with the adoption of a patented process developed by Solidia Starting with a sustainable cement, the CO2-curing technology reduces water consumption in the production of concrete up to 80 per cent, carbon emissions up to 70 per cent, and the curing time to one day. “With Solidia Cementand Solidia Concrete, we can address these environmental challenge... |
Dangote breaks ground on new Niger plant25 April 2014, Published under Cement NewsDangote Cement has broken ground on a new a 1Mta cement factory in Niger, state radio in the western African country announced on Thursday. President of Niger Mahamadou Issoufou formally started building work on the factory on Wednesday at Keita, around 600km northeast of the capital Niamey. The CFA200m (US$ 421.35m) plant is expected to take 18 months to complete. "This is an important event after the railway project started on 7 April last year. This cement factory will contribute a lot... |
Siam Cement positive earnings outlook, Thailand24 April 2014, Published under Cement NewsSiam Cement Plc is expected to post another strong quarterly performance, according to analysts at SCB Securities cited in reports by The Nation. First quarter net profit is estimated at THB9.5bn (US$293.7m), up eight per cent YoY and 19 per cent QoQ. The growth is expected to be driven by a “wider chemical spreads, no repeat of last quarter's maintenance shutdown of its chemical and paper units, and seasonally higher sales volume for all business units.” SCB expects Siam Cement’s buildin... |
Groundbreaking for Zuari packing terminal, India24 April 2014, Published under Cement NewsZuari Cement on Tuesday held a groundbreaking ceremony for a 1Mta port-based cement-packing terminal at the Kochi port on the west coast of India. The unit is expected to become operational by the third quarter of 2015, according to Nabil Francis, managing director of Zuari Cement. He added that the Kochi terminal will enhance the company’s access to western and southern markets as well as possibly increase exports. Currently, the company, which is part of the Italcementi group, has two... |
OCL commissions grinding unit, India23 April 2014, Published under Cement NewsOCL India Ltd has informed the Bombay Stock Exchange that it has commissioned its cement grinding unit at Salboni, Medinipur, in the state of West Bengal. The new facility started commercial operations with effect from 20 April 2014. |
Guangdong Tapai to expand capacity, China23 April 2014, Published under Cement NewsGuangdong Tapai Group Co, Ltd plans to invest about CNY3.56bn in building a new 10,000tpd dry-process line, including a 20MW pure low-temperature waste heat power generation system, in Jiaoling County, Meizhou City, Guangdong Province. The company posted operating revenue of CNY 883m for the first quarter of 2014, up 12.46 per cent YoY. Net profit attributable to shareholders jumped 224.47 per cent to CNY159m. Basic earnings per share was CNY 0.1782. The cement producer has forecast a ne... |