Cement News tagged under: international
SCCC maintains positive outlook for 2014, Thailand18 December 2013, Published under Cement NewsSiam City Cement Co (SCCC) maintains a positive outlook for cement demand in its domestic market of Thailand despite government infrastructure project having been delayed due to current political instability. Thailand’s second-largest cement producer expects cement demand to increase by five per cent as government-supported infrastructure should resume following next year’s general election, according to a report by Asia Plus Securities. An increase in demand through 2013 has helped lift... |
Dangote to commission Zambia power plant by end-1Q1418 December 2013, Published under Cement NewsThe Dangote Group will commission a US$50m power plant in the first quarter of 2013 to supply its factory currently under construction in Ndola, Zambia Anand Kameshwar, company senior general manager responsible for the project told the Times of Zambia that construction of the power plant was progressing well and the power plant will start operating by the end of the first quarter of 2014. “This plant is intended at making its own power available to the cement plant as opposed to connectin... |
Holcim (New Zealand) selects locations for two cement import terminals17 December 2013, Published under Cement NewsHolcim (New Zealand) has selected Timaru and Auckland as the location for two new 30,000t bulk cement import terminals. The company said that having reviewed proposals from ports throughout New Zealand, it had identified Waitemata in Auckland and Timaru as its preferred locations for the two terminals. "An import terminal at the Port of Auckland enables Holcim to supply cement direct into one of its major markets", Holcim (New Zealand) Ltd capital projects manager Ken Cowie said. "And c... |
New US capacity plans to ease imbalances17 December 2013, Published under Cement NewsA pick-up in the number of new capacity projects announced in the USA is set to ease the imbalances caused by depressed economic growth and subsequent plant closures and expansion postponements seen over the past period, the Portland Cement Association has said. Approximately 7.5Mta of new clinker capacity is scheduled to come on-line in the USA by the end of the PCA’s forecast horizon (2018), a recent PCA report stated. If all plans announced in 2012 and onward were to come to fruition, ap... |
Bosowa Corp set to start Banten plant construction, Indonesia17 December 2013, Published under Cement NewsThe Bosowa Corporation said it plans to start construction of a new cement plant in Cilegon, Banten, in the first quarter of next year. Company CEO, Erwin Aksa, told the Jakarta Post that should construction begin in March 2014, operations could commence by the end of 2015. The new facility is expected to serve the surrounding areas, notably Banten, Greater Jakarta and Lumpung, Erwin added. The project is expected to cost an estimated cost of IDR1.5trn (US$123.92m), 70 per cent of which... |
Jamaica close to concluding PetroCaribe supply deal17 December 2013, Published under Cement NewsThe government of Jamaica is close to concluding a supply contract with Venezuela to use cement exports to meet some debt repayment obligations under the PetroCaribe agreement. Under the Trade Compensation Mechanism of the PetroCaribe energy cooperation agreement, Jamaica is allowed to settle a portion of its oil debt to Venezuela through the export of goods and/or services. According to a report by the Economic Intelligence Unit (EIU), the cement agreement would entail initial sales of 1... |
Chaudhary Group launches production at new Nepal plant17 December 2013, Published under Cement NewsThe Chaudhary Group (CG) has started production from a new 1500tpd plant in Nepal. Barun Chaudhary, director of CG, said the new Chinese-built plant can produce 250tpd of OPC and 1350tpd of PPC. The group plans to formally launch CG OPC next week, while CG PPC will follow a month later. “We have identified places between Janakpur in the east to Darchula in the west as our potential market,” Chaudhary told Republica news. Though CG Cement is procuring clinker from Nepali producer at... |
PPC gets competition tribunal go-ahead for Safika Cement acquisition16 December 2013, Published under Cement NewsPPC’s previously-announced acquisition of South African blended cement producer Safika Cement has been unconditionally approved by the country’s Competition Tribunal. An agreement to acquire a controlling equity stake in Safika Cement for a cash consideration of approximately ZAR350m (US$35.3m) was announced by PPC in August this year. PPC said last Friday, that the completed deal further enhances its footprint in South Africa where Safika Cement owns five blending facilities and one mi... |
Al Jouf begins trial production of new line, Saudi Arabia16 December 2013, Published under Cement NewsAl Jouf Cement has launched trial operations of its second production line, the Saudi-based cement producer said in a bourse statement. The new kiln line has a clinker capacity of 5000tpd. In late October, the company had signed an agreement with Al Rajhi Bank for a SAR400m (US$106.7m) loan to partially finance the construction of the new line, to be repaid by June 2019. |
FLSmidth confirms talks for new Oman Cement project16 December 2013, Published under Cement NewsFLSmidth has confirmed it is in talks with Oman Cement Co for supply of equipment and machinery for a cement plant following reports in Omani media. The Danish equipment supplier said in a statement that: “If and when down payment is received and the contract becomes binding, we shall immediately inform the market.” |