Cement News tagged under: international
Uganda building materials prices decline27 November 2013, Published under Cement NewsUganda has seen a decline in building materials prices, including cement, due to a slowdown in construction activity as well as increased competition. The latest Uganda Bureau of Statistics Construction Sector Indices indicate that prices for cement, lime, diesel, iron sheets and other metal products dropped in the third quarter to September 2013 due to a contraction in demand and high competition between local imported products. A bag of cement now costs UGX26,000 (US$10.28) , down from... |
Bestway and Mustehkam Cement complete merger27 November 2013, Published under Cement NewsPakistan cement producers Bestway Cement and Mustehkam Cement have announced the completion of their merger into a single company. Mustehkam Cement has been a subsidiary of Bestway Cement since in 2005 and the main of objective of this new merger is to operate the businesses under one management to achieve economies of scale. The merger would result in administrative and procurement savings and reduce marketing costs leading to enhanced profitability, the companies said when the move was f... |
EACPA opposes proposals to hike Tanzanian power tariffs26 November 2013, Published under Cement NewsThe East African Cement Producers' Association (EACPA) has objected to proposals by the Tanzania Electric Supply Company (Tanesco) to raise power tariffs by 68 per cent due to the significant knock-on effect it will have on cement production costs. According to reports by The Citizen, the association has claimed that its member are already significantly impacted by costs related to power rationing, adding that cement producers recorded 1782 power rationing cases between 2012-13. A st... |
Cosmos completes 2013 Brazil shipment quota26 November 2013, Published under Cement NewsThe year’s last shipment of clinker produced at the Toral de los Vados plant of Cementos Cosmos will be heading for parent company Votorantim’s cement works in Brazil. Around 2000tpd has been trucked from the plant to the port of Langosteira, La Coruña since the end of September and loaded onto ships. As a result, some 44,500t of clinker will be heading to the Latin American country over the next few days. The shipment, the last of six undertaken this year, enables Cementos Cosmos to se... |
Saudi October sales rise by 2%26 November 2013, Published under Cement NewsSaudi cement sales rose by two per cent during October 2013 to 4.91Mt compared with 4.13Mt in the same period a year ago. Production for the month reached 4.24Mt compared to 4.22Mt in October 2013, a report, based on data released by Yamamah Cement Co (YCC), said. Clinker production rose by 19 per cent to 4.7Mt against 3.98Mt in the same month the year before. Local deliveries of clinker reached 54,000t in October, which were exclusively made by Northern Region Cement Co. Cement impor... |
Construction of Zuari Cement’s new grinding unit underway26 November 2013, Published under Cement NewsItalcementi subsidiary Zuari Cement has started construction of new grinding unit in the Solapur District in the western state of Maharashtra, India. The grinding centre is expected to be operational by the second quarter of 2015 and will have a production capacity of 1Mta. It is designed to double its capacity to cater for growing demand in the Maharashtra region, one of the largest cement consumption areas in the country, Italcementi said in a statement. The ground breaking ceremony wa... |
Cemex Spain says it complies with tax obligations26 November 2013, Published under Cement NewsCemex Spain has made the following clarifications regarding information published in the media concerning the inspection process opened by the Tax Agency: Cemex scrupulously complies with all legal and tax obligations in Spain, without having debt with or being sanctioned by the Spanish tax authorities to date. Cemex has learned through the media of personnel movements within the Tax Agency and does not weigh the decisions that the authority, in the internal order, adopted. The com... |
Spanish cement demand falls 11% in October25 November 2013, Published under Cement NewsCement consumption in Spain has fallen again in October by more than 11 per cent, to 1,003,618t. As a result, domestic cement demand during the first 10 months of 2013 has declined sharply by nearly 21 per cent, with total demand standing at 9,351,734t, some 2.5Mt less than in the same period of 2012, according to Oficemen, Spain’s cement association Cement companies associated with Oficemen are focussing their efforts on a major export drive to maintain production levels. However, the ... |
Holcim Romania inaugurates WHR project25 November 2013, Published under Cement NewsHolcim Romania has inaugurated a EUR15m new waste heat recovery investment at its Alesd plant which is set to meet around 15 per cent of the plant’s electricity needs. “The investment we are inaugurating today at our plant in Alesd is part of Holcim Romania’s consistent efforts to reduce the consumption of energy and natural resources by implementing the best available technology in the field,” Daniel Bach, general director Holcim Romania, said. Despite a difficult trading environment,... |
US cement consumption expected to climb 8% in 201422 November 2013, Published under Cement NewsAnxious US consumers are likely to be waiting on Congress to decide how much more debt the country can take on before the recovery can really take shape and push construction forward. The Portland Cement Association (PCA) has likened the debt ceiling talks, which resume early next year, to a critical moment of confidence for US citizens. "American consumers love drama. Moreover, Congress knows how to create it, with more on the way when the debt ceiling talks resume in early in 2014," said... |