Cement News tagged under: international
Tajikistan-China JV plant inaugurated30 August 2013, Published under Cement NewsA new Tajikistan-China joint cement plant venture was inaugurated yesterday in the presence of Tajikistan president Emomali Rakhmon, taking the country a step closer to achieving its aim of self sufficiency in the cement sector. The 1Mta greenfield plant, situated in the Yovon district, has been built by Huaxin Gayur Cement at a cost of US$100m. Huaxin Gayur Cement was established by Huaxin Zhongya Investment (Wuhan), a subsidiary of Huaxin Cement, and Gayur Limited Liability Company. Huaxi... |
Monthly cement production rises 6.2%, Colombia29 August 2013, Published under Cement NewsColombia produced 966,800t of cement in July 2013, up 6.2 per cent YoY, according to the latest data from national statistics office Dane. In terms of dispatches, a 11.5 per cent rise to 980,500t was reported as construction companies increased orders by 19.7 per cent and ready-mix concrete firms by 18.5 per cent. Sales to the retail sector also saw a six per cent advance. During July, Córdoba saw a 45.5 per cent rise in dispatches, closely followed by Norte de Santander (41.2 per cent)... |
Siam City Cement shelves Cambodia plant plans29 August 2013, Published under Cement NewsThailand-based Siam City Cement (SCCC) has put its plans for a 1Mta cement plant in Cambodia on hold while it concentrates on meeting domestic market needs. Managing director of SCCC, Philippe Arto, told the Bangkok Post that the company's board has decided to put its plans for the US$150m Cambodia facility “on the shelf” after finishing a feasibility study. Construction had been expected to start at the end of this year. Mr Arto added that: “The board decided that the project is not a pr... |
India invites expressions of interest for CCI units29 August 2013, Published under Cement NewsThe government of India has announced plans to sell four non-operating units of state-owned Cement Corporation of India. “Cement Corporation of India has started the sale process as it has invited expressions of interest for the outright sale of four non-operational units. The sale would be done through an e-auction process,” an official said. The government owns 100 per cent of the public sector unit. In total, CCI comprises 10 facilities, of which seven are not operational. |
Moroccan sales slide 12.6% in first six months29 August 2013, Published under Cement NewsIn the first half of 2013 Moroccan cement sales fell 12.6 per cent YoY to 7.8Mt, although the pace of decline significantly eased in the second quarter, latest statistics from the Directorate of Studies and Planning of the country’s Ministry of Economy and Finance show. While the market continues to contract, second-quarter sales fell by four per cent, far less than the 21 per cent drop recorded in the first three months of the year. The downward trend, attributed to heavy rainfall which l... |
Vietnam August production rises 8.32%29 August 2013, Published under Cement NewsVietnam cement production in August climbed to 4.9Mt, an 8.32 per cent increase compared to the same period of last year, the General Statistics Office has said. Compared to July 2013, last month’s output rose by 6.52 per cent on a MoM basis. The office revised down production in July to 4.6Mt from a previous estimate of 5.1Mt. In the first eight months of this year, the country is estimated to have produced 36.9Mt of cement, representing an increase of 4.78 per cent YoY. Last year produc... |
Nepal allocates power supply funds to nine plants28 August 2013, Published under Cement NewsNepal's Ministry of Industry (MoI) has decided to allocate NPR360m (US$3.5m) to provide electricity connections to nine cement factories as part of its infrastructural development programme for manufacturing industries. The cement producers to be awarded the funds include: Shivan Cement, Dang Cement, Laxmi Cement, Rolpa Cement, Ghorahi Cement, United Cement, Maruti Cement, Sarbottam Cement and CG Cement. These nine producers have also received funds to construct access roads, together ... |
Nigeria: CCNN requires NGN45bn for new line23 August 2013, Published under Cement NewsA new 1Mta clinker line together with a coal grinding mill and accessories is likely to cost Cement Company of Northern Nigeria (CCNN) around NGN45bn (US$278m). CCNN intends to add the new kiln line, which will produce its Sokoto brand of cement, to meet rising demand in Nigeria. Demand rose to 18.3Mt last year and since 2005, the cement industry nearly doubled its capacity, according to local newspaper Business Day. The Nigerian market is continuing to grow and producers are still play... |
Thailand: slower consumption for Siam Cement23 August 2013, Published under Cement NewsDomestic cement consumption for Thailand's Siam Cement (SCC) is expected to be weaker over the next year, according to local paper The Nation. An SCC group meeting of local investors with Siam Cement's CEO, Kan Trakulhoon, and CFO Chaovalit Ekabut shed light on the company's current prospects and the cement market going forward. Trakulhoon explained that a softening of the property market and the slow movement of state infrastructure projects will see a slowdown in domestic cement consumpt... |
Colombia's regulator investigates price fixing22 August 2013, Published under Cement NewsColombia's Superintendency of Industry and Commerce will be opening an investigation into the alleged price-fixing by five local cement companies. The regulator will examine whether Holcim (Colombia), Cementos Argos, Cementos Tequendama, Cemex Colombia and Cementos Marcos have been colluding in the setting of cement prices over the past three years. The regulator has said it will look into "an alleged agreement to fix prices and divide up the market”. The superintendency has claimed that... |