Cement News tagged under: international
Hope Construction celebrates first anniversary06 January 2014, Published under Cement NewsHope Construction Materials, the UK’s newest cement and concrete supplier, today celebrates its first anniversary having opened for business in January 2013 following the purchase of over 150 former Tarmac and Lafarge sites across England, Scotland and Wales. The independent company owns the UK’s biggest cement plant in Hope Debyshire with up to 1.5Mta of capacity. In its first year of operation, the company sold 1.3Mt of cement while concrete sales amounted to 2Mm3. Today it operates fro... |
Ecuador Jan-November sales rise 9.8%03 January 2014, Published under Cement NewsEcuador cement sales over the January-November 2013 period increased by 9.8 per cent to 6.043Mt, latest data from industry association Inecyc shows. During November 2013 sales were 594,814t, a 5.9 per cent increase on the 561,534t recorded in the same period of last year. However, dispatches were down on a MoM basis, compared to the 611,987t recorded in October 2013. |
Semen Indonesia anticipates double-digit 2014 sales increase03 January 2014, Published under Cement NewsSemen Indonesia expects an 11 per cent sales increase this year as the country’s leading producer enhances its distribution network to better serve expected increases in demand. The company said in a statement that sales might reach 31Mt this year, compared to 27.9Mt in 2013. Dwi Soetjipto, Semen Indonesia president director, said that the company is establishing its packing plants closer to customers to reduce costs and expand its sales network. In addition to 21 packing plants, the comp... |
Pakistan: quarterly gains expected03 January 2014, Published under Cement NewsPakistan cement dispatches during the second quarter of the current fiscal are expected to have increased by 5.13 per cent on a QoQ basis to 8.2Mt compared to 7.8Mt in the first three months of the year. According to a report by InvestCap, domestic sales are anticipated to have increased by 14 per cent over the October-December period on a QoQ basis but exports are seen declining 16 per cent. Total dispatches increased by four per cent in December compared to 2.73Mt in November, the re... |
ARM awaits board approval for South African project03 January 2014, Published under Cement NewsARM Cement is still awaiting board approval for the construction of a new cement plant in South Africa, the company's managing director, Pradeep Paunrana, has said. Mafikeng Cement, in which ARM has a 70 per cent stake, plans to build a plant a 3000tpd plant in Africa's largest economy, Paunrana told Nairobi-based Business Daily newspaper, Bloomberg reported. However, the company is still awaiting approval from its board of directors, with Mr Paunrana explaining to Bloomberg in an interv... |
Chief executive succession at CRH02 January 2014, Published under Cement NewsCRH plc confirms that Albert Manifold has succeeded Myles Lee as group chief executive, effective 1 January 2014. Mr Lee has retired after 32 years with the group including five years as finance director and five years as chief executive. Commenting on the announcement, CRH chairman Nicky Hartery said: “We wish Myles well in his retirement and thank him sincerely for his outstanding contribution to CRH over 32 years of service, and for his excellent stewardship of CRH through the recent... |
Colombia: market expands 6.9% in November02 January 2014, Published under Cement NewsGrey cement production in Colombia during November 2013 totalled 1.02Mt, a 9.6 per cent increase when compared with the same month of the previous year. In addition, the domestic cement market expanded by 6.9 per cent to 978,000t. This was less than the 14 per cent consumption growth noted in October. Norte de Santander saw a 38.5 per cent rise, the largest in the country, followed by Antioquia (+13.7 per cent), Bolívar (+19.5 per cent) and Cundinamarca (+8.6 per cent). On the other ha... |
Akhangarancement hits 1.5Mt of cement output during Jan-Nov period02 January 2014, Published under Cement NewsAkhangarancement, part of Eurocement Group, has reported a rise in clinker in cement production in the first 11 months of 2013. Over January-November, the Russia-based producer produced 1.074Mt of clinker and 1.47Mt of cement, a YoY rise of 11.7 and 2.2 per cent, respectively. During the reporting period, Akhangarancement’s shipments increased by 2.1 per cent YoY to 1.463Mt. The company also reported a 17.4 per cent rise in bagged cement shipments to 46,524t. SPC 400 cement proved to be it... |
Ha Tien 1 Cement issues new shares to reduce debt, Vietnam02 January 2014, Published under Cement NewsHa Tien 1 Cement JSC (HT1) has completed the issuance of 120m new shares in a private placement to Vietnam Cement Industry Corporation (Vicem), the country’s leading cement producer. HT1, listed on the Ho Chi Minh stock exchange, sold the shares at VND10,000 each, according to a statement sent to the bourse. The company added that the sale is aimed to reduce its debt incurred with Vicem. After the issuance, Vicem raised its holding in HT1 to 79.69 per cent, equal to 253.42 million shares, ... |
Peru’s Jan-Nov demand advances 7.5% YoY02 January 2014, Published under Cement NewsCement dispatches in Peru fell from 939,135t in October to 896,600t in November. However, the country’s cement companies produced 920,636t, up from 916,774t the previous month and cement exports rose from 18,090t to 23,236t during the period. For January to November, Peruvian cement demand increased by 7.45 per cent YoY to 9,408,853t while exports rose 5.33 per cent to 182,427t. Around 9,598,552t of cement was produced, an advance of 6.9 per cent when compared with Jan-Nov 2012. |