Cement News tagged under: international
HeidelbergCement India to raise capacity further by 201719 July 2013, Published under Cement NewsHeidelbergCement India plans to more than double cement capacity by 2017 by adding some 9Mta of new volumes. The Indian arm of the German cement major has a capacity of 6Mta following the expansion of its clinker and cement grinding plants in Central India earlier this year in Madhya Pradesh and Uttar Pradesh. With the expansion of the plants, the company's cement production capacity in India has been hiked from 3.1Mta to the present 6Mta. Speaking about the next phase of investments, ... |
Brazil’s first half-sales edge ahead18 July 2013, Published under Cement NewsBrazilian cement sales in the first half of 2013 rose 1.6 per cent to 33.6Mt, latest data from local association Sindicato Nacional da Indústria do Cimento shows. In June 2013, sales reached 5.5Mt, representing a rise of three per cent compared to the same month of last year. Cumulative sales for the 12 months between July 2012 and June 2013 reached 68.9Mt, representing a growth of 3.2 per cent over the previous period (July 2011-June 2012). |
Cementos Lemona starts exports to UK18 July 2013, Published under Cement NewsSpain’s Cementos Lemona has initiated exporting cement to the UK. The first shipment of 13,000t of cement will be delivered to Southern Cement, also owned by Lemona’s parent company, CRH. As part of an asset swap undertaken earlier this year, Cementos Portland Valderrivas (CPV) transferred its 99 per cent stake in Cementos Lemona SA to CRH. In addition to the Cementos Lemona assets, which has cement, ready-mix and aggregates operations in Bilbao, Spain, the deal included CPV’s Southern ... |
PT Semen Indonesia downgraded18 July 2013, Published under Cement NewsBahana Securities downgraded cement maker PT Semen Indonesia to "hold" from "buy", saying the slowdown in the property market and higher cost of goods sold (COGS) translated to limited share price upside. "Although we believe SMGR will continue benefiting from growing domestic cement volumes, slowdown in property market due to financing constraints may potentially lower volume growth target," Bahana analyst Teguh Hartanto said in a note on Wednesday. The research house said it does not ... |
Dominican Republic inaugurates new plant18 July 2013, Published under Cement NewsPresident Danilo Medina of the Dominican Republic has officially inaugurated Cementos Panam's (PANAM) US$80m cement plant in San Pedro. PANAM executive Manuel Estrella said the facility will create 800 direct and 2400 indirect jobs, and help boost sales for region’s goods and services. The plant utilises state-of-the-art equipment to ensure that it complies with environmental standards. |
Spain registers further market contraction17 July 2013, Published under Cement NewsThe Spanish cement market registered a 24 per cent YoY drop in the first half of 2013 and the decline is expected to continue through the remainder of the year. In the first six months of 2013 domestic cement sales were 5,472,933t, latest data from local cement association Oficemen shows. On the supply side, Spain produced 6,459,917t of cement, representing a fall of 22.2 per cent. In June 2013 alone, Spanish consumption fell a further 23 per cent YoY to 972,421t in the same month of... |
New plant for Uzbekistan under planning17 July 2013, Published under Cement NewsThe Almalyk Mining and Metallurgical Plant (AMMP) is to build a 1.5Mta cement plant in Surkhandarya region in southern Uzbekistan by 2017. According to reports by the Times of Central Asia, the government has instructed AMMP to start negotiations with Turkey’s Dal Teknik Makina on the project’s implementation. The contract for the plant’s construction could be signed this autumn. The project worth US$250m will be financed by AMMP and with loans from the Fund for Reconstruction and Deve... |
Sri Lanka sales expected to pick up17 July 2013, Published under Cement NewsFollowing a contraction in the first quarter of this year, cement demand in Sri Lanka is expected to pick up, according to forecasts by one of the country’s leading producers. "During 2012, the momentum of residential housing construction slowed down, and in the first quarter of 2013, private tourism related constructions too, indicated signs of slower growth," managing director of Tokyo Cement, SR Gnanam, told shareholders in the annual report. "Meanwhile, the SME contractor segment, t... |
New capacity boosts Semen Tonasa sales17 July 2013, Published under Cement NewsPT Semen Tonasa reported a 137 per cent YoY rise in first-half sales to 2.78Mt compared to the same period of last year. Sales of the company, which is part of the Semen Indonesia group, have increased in line with growing production output which has risen following the operation of Tonasa’s 2.5Mta Kiln Line 5. However, Tonasa’s President Director, Andi Unggul Attas, said sales in eastern Indonesia only grew by 8.3 per cent in the first six months of this year compared to 23.4 per cen... |
Madras Cements to develop beneficiation plant, India17 July 2013, Published under Cement NewsMadras Cements is developing a limestone beneficiation plant at Alathiyur in Tamil Nadu with a capacity of 400tpd. The company will set up this plant near its 3Mta cement plant at Alathiyur. The plant will help the company to upgrade cement raw material resources and extend the life of limestone mines. Once Madras Cements commissions the beneficiation unit, it will establish similar facilities at other plants, according to AV Dharmakrishnan, CEO of Madras Cements. Once the beneficia... |