Cement News tagged under: international
GMK and IKN sign waste heat recovery partnership, Germany16 September 2013, Published under Cement NewsGermany-based companies GMK GmbH and IKN GmbH have entered into an exclusive partnership to develop and market waste heat recovery systems for the cement industry. On 16 September 2013, a memorandum of understanding was signed by Piacentini-Timm (GMK), Wilhelm Uebachs (GERMANIA Technologieholding), Klaas Windmöller and Justus von Wedel (both IKN). GMK, a specialist for power generating equipment based on the Organic-Rankine-Cycle (ORC), has developed the INDUCAL® line of products for indu... |
PCA sees higher demand growth from 201413 September 2013, Published under Cement NewsWhile an unusually wet spring and early summer impacted cement consumption in the first quarter of 2013, it has not put a dampener on the opportunity for strong growth in the construction sector in 2014 and beyond, the Portland Cement Association (PCA) writes in its latest forecast. The industry association sees cement consumption increasing by a modest four per cent in 2013, but will approach double-digit growth in 2014 and 2015, with 9.7 per cent consumption increases in both years. "... |
Ships transporting clinker collide at Chittagong port, Bangladesh13 September 2013, Published under Cement NewsThree ships carrying clinker collided at Chittagong Port in southern Bangladesh earlier this week, causing partial interruptions to supplies. However, local production has not been affected due to regular imports. An official of the Chittagong Port told CemNet News that on 9 September 'Fortune Cloud', a Panama-flag bulk carrier (carrying 33,000t of clinker) arrived at Chittagong’s outer anchorage and came into contact with Bangladesh-registered bulk carrier 'Abdullah' , laden with 37,300t... |
Semen Tonasa begins construction of West Sulawesi packing plant13 September 2013, Published under Cement NewsState-owned Indonesian cement producer PT Semen Tonasa has begun construction of a new 300,000t capacity packing plant in the Belang Belang port area, Mamuju District, West Sulawesi. Speaking at the inaugural ceremony to launch construction of the IDR100bn project, Tonasa's president director, Unggul Attas, said the plant is being built in cooperation with PT Latanindo Graha Persana and is expected to be completed in a year. He said that demand for cement in West Sulawesi was high so that... |
Indonesian sales down 5.8% In August12 September 2013, Published under Cement NewsIndonesian cement sales fell 5.8 per cent to 3.3Mt in August 2013, according to latest data from the Indonesian Cement Association. Compared to July 2013, cement sales in Indonesia were down by 32 per cent, however, there was an almost two-week holiday in August (the Idul Fitri or Lebaran festivities that follow after the holy fasting month of Ramadan). Export of cement increased 2.4 per cent to 95,000t in August 2013 from the same month a year earlier. This year's growth target of c... |
DG Khan Cement plans greenfield plant, Pakistan12 September 2013, Published under Cement NewsDG Khan Cement has been given the green light by its Board of Directors (BoD) to set up a greenfield plant in Pakistan, but plans for a Mozambique facility have been withdrawn. The Pakistan-based manufacturer announced it is to set up the new 2.6Mta facility in the Hub District, Lasbela in the Baluchistan Province near Karachi. Its BoD has asked management to initiate the process to establish the plant, the land for which has already been acquired. If the new project comes to fruition... |
S&P revises GCC’s outlook to stable, Mexico12 September 2013, Published under Cement NewsStandard & Poor's has affirmed its B-rating for Mexico-based producer Grupo Cementos de Chihuahua (GCC) and has revised the outlook from positive to stable. The rating reflects GCC's "aggressive financial risk profile and weak business risk profile" and is constrained by the company's geographic concentration, limited scale and less than adequate liquidity. The company's operations were affected by a longer than expected winter in the US during 1H13 that "limited construction activiti... |
Najran completes Line 2 maintenance, Saudi Arabia12 September 2013, Published under Cement NewsNajran Cement has successfully completed maintenance and resumed operations of Kiln Line 2. The completion was extended by four days to 10 September to link line No 2 to a waste heat recovery plant currently being built by Sinoma Energy Conservation. The US$45m WHR project will have a power generation capacity of 27.1MW and will completed in March 2014. |
Brazil's August cement sales slip 1.2%11 September 2013, Published under Cement NewsCement sales in Brazil fell 1.2 per cent YoY in August 2013 to 6.4Mt, latest data from local association SNIC shows. During the first eight months of the year, sales reached 46.4Mt, a rise of 1.9 per cent compared to the same period of the year before. Over the 12 month period of September 2012-August 2013, sales amounted to 69.2Mt, representing an increase of 2.1 per cent on the comparative period a year earlier (ie, September 2011-August 2012). |
Weaker rupiah impacts Semen Baturaja plant plans11 September 2013, Published under Cement NewsPT Semen Baturaja is having to adjust its plan to develop a new factory due to the weakening of the rupiah against the US dollar. According to reports by the Jakarta Post, that the purchase of equipment, which makes up about 40-50 per cent of total investment costs, could be delayed. Semen Baturaja president director Pamudji Rahardjo told the newspaper that the company was working on a new valuation of the investment with higher exchange rate, as the currency has passed 11,000. The curre... |