Cement News tagged under: international
Cementum Veritas to invest EUR10.4m in new grinding unit07 November 2013, Published under Cement NewsSpain’s Cementum Veritas plans to invest EUR10.4m in a new clinker grinding unit in Albanilla, Murcia. The 95,760t works is expected include three silos of 1500t, which represent an investment of EUR5.74m and a further EUR1.5m is earmarked for the construction of a 400tpd ball mill. |
ARM Cement expects Kenyan market to grow for the next 50 years07 November 2013, Published under Cement NewsKenya's cement market is set to expand on the back of government infrastructure spending on ports and roads, while house builders trying to meet an annual deficit of some 440,000 units. A Bloomberg report claims that these factors are encouraging ARM Cement Ltd, Kenya’s second-largest cement maker, to raise capital by selling eurobonds to fund a US$300m expansion programme. ARM Cement looks committed to building cement capacity for the long term. Pradeep Paunrana, ARM's managing director, ... |
India: AP cancels the Anantapur mining leases of Penna Cement07 November 2013, Published under Cement NewsThe failure of Penna Cements to begin its limestone mining operations in Thadipatri Mandal, Anantapur district, has led the Andhra Pradesh government to force the cancellation of the mining leases originally granted to the cement company. In 2008, Penna Cement had been awarded licences to mine the limestone reserves of 1105.975ha (11.06km2) in Anantapuram, Kurnool and Nalgonda districts. The company's in action has resulted in two mining leases granted in Anantapuram district of 106.86ha ... |
Argentinan capacity at its limits?07 November 2013, Published under Cement NewsCement production capacity in Argentina is reaching its limit, according to Sitio Andino. The rupture of a filter that paralysed Loma Negra’s San Juan works for a month-and-a-half, at a time when the Mendoza construction sector enjoyed a recovery, has highlighted the tight fit between supply and demand in the South American country. Delivery lead times shot up to 30-45 days and prices surged at retail level to around US$58/50kg bag. Loma Negra and Holcim, two major cement producers recog... |
Zambia watchdog to examine pricing factors06 November 2013, Published under Cement NewsZambia’s Competition and Consumer Protection Commission (CCPC) is to examine the upward adjustment is cement prices across four countries in sub-Saharan Africa. CCPC public relations officer Hanford Chaaba said in an interview with the Times of Zambia that the study being conducted with the support of the African Competition Forum (ACF) to determine the causes of cement prices rises in South Africa, Botswana, Tanzania and Zambia. “We have been monitoring this situation concerning price cha... |
Iran’s exports rise 15.79% in first seven months05 November 2013, Published under Cement NewsIran exported some 7.714Mt of Portland cement during the first seven months of the current Iranian calendar year (beginning 21 March 2013), representing a 15.79 per cent YoY rise. Clinker exports reached 1.61Mt, up 144.65 per cent on the same period of the previous year, data from the Iranian Custom Administration showed. In the last calendar year, Iranian cement and clinker exports were 13.648Mt, comprising 11.85Mt of cement and 1.79Mt of clinker. |
Egypt sees signs of stablisation05 November 2013, Published under Cement NewsSigns of stability are beginning to emerge in the Egyptian cement market with visibility improving in several areas, a recent flash note by CM-CIC Securities highlights. The research house believes visibility is improving on several points. Firstly, volumes have been catching up since August and were up by 15 per cent during the month followed by a three per cent increment in September. Moreover, a better pricing scenario has been witnessed through 2013, with an increase of 15 per cen... |
Jamaica signs CCCL export agreement to Venezuela04 November 2013, Published under Cement NewsThe government of Jamaica has signed an agreement for Caribbean Cement Co Ltd (CCCL) to supply cement to Corporación Socialista del Cemento under the PetroCaribe agreement, local media have reported. However, the arrangement is yet to be approve from authorities in Venezuela. 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. While the propo... |
Significant rise in Saudi Arabia clinker imports04 November 2013, Published under Cement NewsSaudi cement companies have reported a significant rise in clinker imports over the first three quarters of the year while cement exports decline. Clinker imports totalled 1,925,000t during 9M13 compared to 399,000t in the same period of last year, an increase of 382.4 per cent, according to a report, prepared by Al-Eqtisadiah daily. Some 39,000t of cement was imported over the first nine months of the year. Exports, on the other hand, fell by 55 per cent to 245,000t in the nine months ... |
Falcon Cement receives ISO 9001 certification, Bahrain04 November 2013, Published under Cement NewsFalcon Cement Company, Bahrain’s first integrated cement producer, has announced that following comprehensive assessments, the company and its systems has been approved for ISO 9001 quality management system certification by the Bureau Veritas. “We are delighted to have received this prestigious certification,” Falcon Cement executive director Salah Sharif told Gulf Industry news. “We look forward to further building our position and even more effectively meeting the needs of the current a... |