Cement News tagged under: international
Mbeya Cement inaugurates new bag filter, Tanzania16 December 2013, Published under Cement NewsLafarge Mbeya Cement, part of the Lafarge group, has inaugurated a new bag filter to reduce stack emissions at its plant at Songwe, Tanzania. The initiative forms part of the company's efforts to improve its overall production process which will also see an increase in capacity. The filter reduces stack emissions to 10mg/nm3, lower than the 2013 Tanzania Environmental Regulations of 50mg/nm3 and in line with Lafarge Industrial targets. Speaking at the inauguration last Friday, Catherin... |
Chinese sign US$733m cement deals in Nigeria and Myanmar13 December 2013, Published under Cement NewsSinoma and CITIC Heavy Industries have agreed deals worth US$733m to construct cement plants in Nigeria and Myanmar, respectively. Sinoma International Engineering Co Ltd, part of China National Materials Co Ltd, signed a US$536m contract with Nigeria’s Dangote Cement Plc, according to a Reuters report. Sinoma and Dangote will build two clinker cement production lines in Nigeria, each with a cement capacity of 6000tpd. Meanwhile, CITIC Heavy Industries is collaborating in Myanmar with a... |
Zambia: Zambezi Portland ups cement output13 December 2013, Published under Cement NewsZambezi Portland Cement (ZPC) chief financial officer, Peter Kang’ombe, said that the company had increased production from 36,000tpm to 39,000tpm in the last four months of 2013. Mr Kang’ombe said despite the measure, local market demand for the commodity remained high, forcing the ZPC to reduce cement exports by nearly 10 per cent of the monthly output. Kang'ombe said the Kalumbila Mine project by First Quantum Minerals (FQM) in Solwezi was one of the key projects where most of the cement... |
Israel: Nesher to pack cement in smaller bags13 December 2013, Published under Cement NewsNesher Cement has to comply with a Knesset committee bill to sell cement in 25kg bags in addition to the 50kg bags that are currently available. N esher has asked for more time to make the switch-over, but the request has been refused by the committee. “The company is preparing to manufacture 25kg bags in any case, with no connection to this bill,” Nesher vice-president Aya Avidor told the Knesset members. “But it requires a lot of logistics and will cost ILS20m (US$5.7m). We request a ye... |
Ghana: Ghacem cement to regions in need of development13 December 2013, Published under Cement NewsGhacem has donated 16,000 bags of cement to schools and hospitals which were drawn from the Upper East, Upper West, Northern, Ashanti and Brong Ahafo regions. The list of beneficiaries includes about 137 health and educational institutions in deprived communities in northern Ghana. The Managing Director of Ghacem, Mr Morten Gade, in a keynote address, said it was the objective of the Ghacem Cement Foundation to support self-help initiatives to speed up the development of the country. The do... |
UltraTech in talks for two plant projects12 December 2013, Published under Cement NewsUltraTech Cement is planning to invest the construction of two cement plants in the northern Indian state of Uttarakhand. The Industrial Development Department of Uttarakhand has reportedly signed a Memorandum of Understanding with India’s largest cement producer for a 3.5Mta plant in Tuni and a 2Mta plant in Someshwar. Chief minister of Uttarakhand, Vijay Bahguna, said: "The setting up of these two major plants in the field of cement manufacturing, in these two socially and economical... |
HeidelbergCement India mulls bond placement12 December 2013, Published under Cement NewsHeidelbergCement India's board is considering raising INR370 crore by issuing non-convertible debentures (NCDs) on private placement basis. In a filing to the Bombay Stock Exchange, HeidelbergCement India said: "... a meeting of the board of directors of the company will be held on December 16, 2013, inter alia, to consider issuance and allotment of the debentures aggregating to INR3700m." It was planning to issue Indian rupee denominated, rated, listed, unsecured, redeemable NCDs aggreg... |
Bangladesh approves Aramit’s rights offer12 December 2013, Published under Cement NewsBangladesh's securities regulator Tuesday approved the rights offer of Aramit Cement to boost the company's capital base, according to local press reports. The cement manufacturer will offer one rights share against one existing shae, at an offer price of BDT15 each, including BDT5 as premium. The company will issue BDT1.69 crore rights shares to its existing shareholders to raise the fund. AAA Consultant and Financial Advisers will manage the rights share issue. |
Tajikistan cement output increases over Jan-Nov 201312 December 2013, Published under Cement NewsTajikistan is working towards reducing its reliance on imports as domestic output increases following the commissioning of a new plant earlier this year, and more new projects are reported to be on the way. In the first 11 months of the year, the Central Asian country produced 306,000t of cement, some 83,200t more than the same period of last year, according to reports by Trend News Agency. In August of this year a 1Mta Tajikistan-Cement cement plant joint venture was inaugurated, ta... |
Saudi November sales drop 17%11 December 2013, Published under Cement NewsSaudi cement sales fell 17 per cent in November 2013 to 3.65Mt compared to 4.37Mt in the same period in 2012. All companies reported a decline in sales with the exception of Northern Province Cement, Arabian Cement and Madinah Cement which saw increases of 58, 24 and 20 per cent, respectively, the report, based on data released by Yamamah Cement Company (YCC), said. Riyadh Cement and Al Jouf Cement posted the largest drop in November at 45 and 44 per cent, respectively, the report said... |