Cement News tagged under: international
Adelaide Brighton flags potential profit hit14 March 2014, Published under Cement NewsAdelaide Brighton Ltd has cautioned that potential changes to a South Australian cement supply deal could result in a AUD15m profit hit. The company has warned one of its customers has proposed constructing facilities in Adelaide which would allow it to supply its own cement in the state. Adelaide Brighton says the customer now buys about 120,000t of cement in SA. If the company were to lose the volume from 1 January 2016 Adelaide Brighton expects its profit before tax in 2016 could ... |
UniCem begins construction of new line, Nigeria14 March 2014, Published under Cement NewsUnited Cement Company of Nigeria (UNICEM) has started construction of its second line to meet growing demand for cement in Nigeria. Addressing journalists in Calabar, Olivier Lenoir, managing director of the company, said that the new 2.5Mta line will double UniCem’s existing capacity to 5Mta upon completion in 2016. Sinoma of China is constructing the new kiln line. The project also includes a 45MW captive power plant by Wartsila Nigeria Ltd, the work for which has already begun. |
Asia Cement attributable profit surges14 March 2014, Published under Cement NewsAsia Cement (China) said its profit attributable to owners for the year ended 31 December 2013 surged 108 per cent YoY to CNY823m (US$133.8m). Its basic and diluted earnings per share were CNY52.9 cents. The revenue was CNY7.33bn, an increase of 9.7 per cent from a year earlier. Gross profit rose 44.1 per cent YoY to CNY1.62bn, a gross profit margin of 22 per cent, up from 17 per cent in 2012. The increase in gross profit was mainly attributable to the increase of production capacity... |
Argentina: monthly cement demand slips12 March 2014, Published under Cement NewsIn February 2014, dispatches from Argentina’s cement plants fell 13.9 per cent MoM to 802,573t, including exports. However, YoY the drop was more modest at 4.4 per cent, data from domestic association AFCP reveals. Domestic cement consumption saw a similar MoM and a 3.1 per cent YoY decrease with cement producers delivering 783,917t. No imports were recorded. |
Pakistan February sales 8.7% higher12 March 2014, Published under Cement NewsPakistan cement sales rose by 8.7 per cent YoY in February 2014 to 2.135Mt, led by strong demand from the domestic market. The All Pakistan Cement Manufacturers Association (APCMA) revealed that during the first eight months of the current fiscal, local dispatches stood at 16.274Mt, representing growth of 2.9 per cent YoY. “We are getting healthy demands from the domestic market,” he said, adding that during February, local dispatches increased to 1.76Mt on average in the northern again... |
Saudi sees monthly sales decline12 March 2014, Published under Cement NewsSaudi cement sales declined by three per cent to 4.59Mt in February 2014, compared to 4.74Mt in the same month of last year, local media have reported. Out of the 14 cement companies operating in the kingdom, 10 reported a declining in sales, according to a report prepared by Argaam Business Info. Clinker production, however, jumped by five per cent during the month to 4.07Mt, the report stated. |
Sonadih plant wins Safety, Health and Environment award, India12 March 2014, Published under Cement NewsLafarge India's Sonadih cement plant has been awarded the Safety, Health and Environment' (SHE) Award under the large-scale industry category by the Confederation of Indian Industries (CII), Eastern Region. The Lafarge India team was recognised for implementing initiatives like leadership, empowerment of its plant team, engagement programmes with employees and contractors, on-site practices, internal mechanisms, strategic vision and Industrial Safety, Health and Environment objectives at t... |
Quebec cement industry urges government to ensure new plant adheres to regulations12 March 2014, Published under Cement NewsDrawing attention to potential risks to the lobster fishery industry in Gaspesie, the Cement Association of Canada (CAC) today urged the Minister of Fisheries and Oceans, the Honourable Gail Shea, the Minister of Transport, the Honourable Lisa Raitt, and the Minister of the Environment, the Honourable Leona Aglukkaq, to ensure that the proposed project for a new cement plant in Port-Daniel-Gascons, Quebec not be allowed to bypass any applicable federal processes and regulations. In a state... |
KHD supplies Lafarge Ravena and Exshaw projects11 March 2014, Published under Cement NewsKHD Humboldt Wedag International AG’s US-based office, Humboldt Wedag Inc, is executing two orders with Lafarge North America Inc and Lafarge Canada Inc (Lafarge) for engineering, delivery of equipment, and site services of new clinker lines at their Exshaw and Ravena plants. KHD’s scope of supply for the projects begins with the raw material feed and ends at clinker handling. Both plants will utilise the same KHD environmentally friendly and state-of-the-art core equipment, including: •... |
Energy shortage behind Egypt cement price spike11 March 2014, Published under Cement NewsEnergy shortages are behind the recent spike in Egyptian cement prices as reduced gas supplies lowers output, a statement by Egypt’s cabinet has said. Daily News Egypt reported that interim Prime Minister Ibrahim Mehleb, who heads the cabinet, met with Minister of Foreign Trade, Industry and Investment Mounir Fakhry Abdel Nour, Minister of Energy and Electricity Mohamed Shaker, Minister of Petroleum Sherif Ismail and Minister of Environmental Affairs Leila Iskander on Sunday. Medhat Stepha... |