Cement News tagged under: international
Lafarge Republic receives “buy” rating on typhoon reconstruction demand09 December 2013, Published under Cement NewsLafarge Republic Inc (LRI) has received a “buy” rating from AB Capital Securities Inc, as post-typhoon reconstruction in the region of Visayas, Philippines, is expected to boost demand. "Aside from increased sales volume due to higher cement production and cement retail prices, we think that LRI's upside will be supported by the steady demand from the construction sector, which should be boosted by the reconstruction efforts in typhoon Yolanda-affected areas," BusinessWorld quoted AB Capi... |
Indian demand: signs of gradual pick-up09 December 2013, Published under Cement NewsIndian cement demand is seeing gradual signs of recovery with an uptick in demand being witnessed in a number of states, a sector survey has revealed. Over the first three quarters of the current calendar year, cement consumption has been subdued and the industry is expected to fall short of the seven per cent demand growth projected at the start of the year. However, a report by ICICI Securities published in BusinessLine India shows that demand has improved in Punjab, Harayana, Uttar Pr... |
Holly Hill awarded EPA Energy Star, USA09 December 2013, Published under Cement NewsHolcim (US) Inc announced that its Holly Hill plant in South Carolina has earned the US Environmental Protection Agency’s Energy Star for the fourth consecutive year. “It is with great pride that once again Holly Hill is recognised by the EPA validating the commitment that our management team and employees have to protect the environment,” said Joe McFalls, Holcim Holly Hill plant manager. "I'm proud of their dedication and proud to work for a company that values efforts to protect the en... |
Argentina’s cement market expands 9.1% YoY06 December 2013, Published under Cement NewsArgentina’s cement plants shipped 1,062,099t of cement, including exports, in November 2013, a MoM decline of 7.8 per cent but a YoY rise of 8.1 per cent. The domestic market absorbed around 1,046,486t, both from domestic and overseas producers – some 7.9 per cent less than October 2013. However, when compared with November last year, sales expanded by 9.1 per cent. |
Kolomna plant hits production highs, Russia06 December 2013, Published under Cement NewsHolcim’s Kolomna plant in Russia produced 1Mta of clinker for the first time in 2013 on the new production line on November 24 at 3.00am. The company attributed the achievements to the coordinated efforts of production staff as well as maintenance and support services. In July this year, the company reached another significant high, having produced a record monthly volume of grey cement of 239,885t. |
China's changing dynamics06 December 2013, Published under Cement NewsThe dynamics between small and large players in the Chinese cement industry could all change next year on the back of a number of new policies led by a change in tax rebate policies and more stringent environmental regulation, a new report by BNP Paribas has stated. Going forward, larger producers who can meet the higher environmental standards are sent to benefit from the changes. Changes to tax policy A change to a tax rebate policy, currently enjoyed by producers of low-quality ceme... |
Indonesia monthly sales growth picks up05 December 2013, Published under Cement NewsSales in Indonesia increased by 7.9 per cent in October, having experienced slowing growth in recent months. Data from the Indonesian Cement Association shows October sales reached 5.58Mt, rebounding from 5.3 per cent growth in the previous month. The October growth rate was mainly attributed to increased demand from islands other than Java, with a significant rise in consumption registered in Sumatra particularly. Indonesia's second most populous island bought 1.15Mt of cement. Java co... |
Thang Long delivers export shipment to Peru05 December 2013, Published under Cement NewsThang Long Cement JSC has exported 30,000t of bulk cement to Peru, its first shipment to the country and largest consignment so far this year. Since May, the Vietnamese cement producer has exported 750,000t of cement in total, including 100,000t of OPC, Vietnam News Brief Service reported citing data from the government’s website. For the year to-date, Thang Long Cement’s total sales (domestic and exports) have reached 1.9Mt . The company is a joint venture between the state-run Vi... |
Contract awarded for new East Timor plant05 December 2013, Published under Cement NewsPOSCO E&C Australia Pty Ltd announced it has won a US$350m project to build a cement plant in East Timor. The Timor-Leste Cement plant, owned by BGC (Australia) Pty Ltd, will be situated 120km east of the capital Dili, according to reports by the Korea Economic Daily. POSCO E&C Australia will be responsible for the whole process from engineering to procurement and construction. The length of the project will be 34 months. East Timor has made considerable progress since independence from... |
Pakistan November dispatches decline, prices hold firm05 December 2013, Published under Cement NewsPakistan cement dispatches in November fell six per cent compared to the previous month but cement prices have risen by four per cent since the start of the current fiscal. Preliminary data shows that dispatches declined to 2.6Mt in November 2013 as the onset of winter hampers sales. However, on a YoY basis, sales were down by only two per cent. Domestic demand is expected to have reached 2Mt, down three per cent MoM but up by three per cent on an annual comparative basis. Exports, howeve... |