Cement News tagged under: international
India Cements explores export opportunities23 September 2013, Published under Cement NewsIndia Cements is looking at the possibility of resuming exports in a bid to improve capacity utilisation and benefit from the falling rupee, N Srinivasan, Vice-Chairman and Managing Director of the company, has indicated. Addressing shareholders at the company’s AGM last week, Mr Srinivasan said the cement producer was taking all the necessary measures at an operational level to improve results for the remainder of FY14. MR Srinivasan stated that cement producer is hoping to restart ex... |
Thatta looks forward to increased efficiency, Pakistan23 September 2013, Published under Cement NewsAfter swinging to a net profit in fiscal 2013, Pakistan producer Thatta Cement is looking forward to increased efficiency as it modernises existing operations. Earlier this year the company announced that it would invest in the preheater and cooler sections of its 0.5Mta plant situated in the southern region of the country. After completion of the BMR programme, the plant would achieve sustained and uninterrupted operation together with improved efficiencies and a nominal increase in cli... |
Semen Baturaja expects higher 3Q output and sales23 September 2013, Published under Cement NewsPT Semen Baturaja anticipates third-quarter 2013 production and sales to rise by 14 and seven per cent YoY, respectively, but full-year sales are expected to fall short of an earlier target. The company’s corporate secretary, Zulkifri Subli, told local press that the company expects output to increase to 337,429t from a year earlier and dispatches to rise to 321,235t. However, full year sales are forecast to reach 1.37Mt, down from an earlier target of 1.5Mt due to slower sales in the f... |
US to drive gains in Cemex EBITDA – report23 September 2013, Published under Cement NewsThe US construction sector is expected to be the main driver behind an annual 12.6 per cent rise in Cemex’s EBITDA over the next five years, a report by Banco Monex has stated. Cemex is expected to achieve an annual growth rate in sales and EBITDA of 6.7 per cent and 12.6 per cent respectively over the next five years, driven by a recuperation of the US construction sector, the report said. In the first half of this year, Cemex’s United States, turnover advanced by a further 8.4 per cent t... |
Semen Baturaja raises investment spend20 September 2013, Published under Cement NewsSemen Baturaja is having to increase investment for its new cement plant in South Sumatra to IDR2.9m (US$253m) from the original IDR2.6trn as the weaker rupiah has raised the cost of imported equipment. “According to our assessments, there will be additional costs of between IDR200bn-300bn due to exchange rate changes, as we have to import machines, Zulfikri Subli, corporate secretary of Semen Baturaja, told the Jakarta Globe. Mr Subli said equipment accounts for between 40-50 per cent of ... |
Jan-August cement dispatches in Peru rise 9.9%20 September 2013, Published under Cement NewsCement shipments in the Peruvian market totalled 6.701Mt between January and August 2013, reflecting a 9.87 per cent increase YoY, according to the country’s cement association, Asocem. Cement production during the period was 6.847Mt, up 9.81 per cent from 6.236Mt recorded in Jan-Aug 2012. Exports in August reached 125,027t, noting a significant advance of 36 per cent YoY. In August 2012, Peru’s cement producers exported 91,834t. Roberto Flores of the research house Inteligo Broke... |
Semen Indonesia to launch new packing plant20 September 2013, Published under Cement NewsA new packaging terminal being built by Semen Indonesia in Banjarmasin, South Kalimantan, will be ready in the next quarter and forms part of a strategy to position the company closer to end-markets and reduce logistical costs. Around 80 per cent of the plant’s construction had been completed by August and the new plant is expected to be opened in the fourth quarter of 2013, according to company president director Dwi Soetjipto. The new US$10.4m facility will have a 600,00t silo and i... |
Loesche wins another order at Dangote's Ibese works20 September 2013, Published under Cement NewsDangote Cement has placed another order with Loesche for a VRM cement mill, this time for its new Ibese 7 project. Loesche will supply a LM63.3+3 mill for clinker to be ground with components such as gypsum and limestone.This is the seventh LM63.3+3 to be ordered by Dangote for the Ibese works, and the total capacity of the seven mills will be well over 2000tph. In addition, Loesche will deliver a hot gas generator type LF20 (burner dual fuel HFO/natural gas) and the complete mechanical ... |
Ecuador sees Jan-August double-digit sales rise20 September 2013, Published under Cement NewsEcuador cement sales increased by 11.3 per cent in the first eight months of the year, according to the latest statistics from the Instituto Ecuatoriano de Cemento (INECYC). For the January-August 2013, accumulated dispatches totaled 4.271Mt compared to 3.836Mt in the same period of the year before. In August alone, sales climbed to 579,080t versus 557,125t in the same month of 2012, representing a 3.9 per cent increase. |
Al Jouf undertakes unscheduled kiln maintenance20 September 2013, Published under Cement NewsAl Jouf Cement has temporarily halted its production line for unscheduled maintenance until 5 October, the Saudi-based company said in a statement to the bourse. Al Jouf Cement said that the shutdown will cost SAR18m (USD 4.8m/EUR 3.5m), but will not impact its ability to meet contractual obligations to clients. The company also stopped production in the last two weeks of June for unscheduled maintenance. |