Cement News tagged under: international
Peru’s cement market expands 11.4% in 1H1316 July 2013, Published under Cement NewsDomestic cement dispatches in Peru totalled 4,904,873t in the first half of 2013, representing an increase of 11.42 per cent when compared with 1H12, according to Peru’s cement producers’ organisation, Asocem. Cement production in the Jan-Jun period reached 5,020,162t, up 12.1 per cent YoY from 4,478,151t. June proved an excellent month for exports as local cement producers shipped 92,271t of cement across the country’s borders, noting a 37.4 per cent rise YoY. |
Oman Cement completes mill repairs16 July 2013, Published under Cement NewsOman Cement Co has said that the necessary repairs to its mill that was shut last month due to a technical fault have been carried out “successfully in-house and by availing local facilities.” The 150tph mill, which halted operations on 11 June due to a technical problem, was restarted on 8 July and it had been on-trial production for 48 hours, the company said in a filing to the Muscat Securities Market. "Preventive maintenance checks will continue to be followed to ensure continuous oper... |
Indonesia sales reaccelerate in June15 July 2013, Published under Cement NewsCement sales in Indonesia have reaccelerated in June following a slowdown in the previous month as demand recovers outside of Java. However, a more reduced growth rate is expected through the second half of the year due to a decline in infrastructure development. Industry sales rose 9.2 per cent to 4.Mt in June, according to the latest data from the country’s leading cement producer Semen Indonesia, citing data from the Indonesian Cement Association. This was compared to growth of just 2.... |
US April shipments decline marginally15 July 2013, Published under Cement NewsTotal shipments of Portland and blended cement in the USA and Puerto Rico in April 2013 were about 6.7Mt, slightly down from the same month of the previous year, latest data from the US Geological Survey shows. Shipments for the year through to April were 22Mt, essentially unchanged on an annual comparative basis. The leading Portland cement-producing states in April (in descending order) were Texas, California, Missouri, Florida and Pennsylvania and these shipped about 46 per cent of the t... |
San Miguel Corp plans Philippine expansion15 July 2013, Published under Cement NewsPhilippine conglomerate San Miguel Corp (SMC) plans to invest in new manufacturing facilities to increase its market share. Company president Ramon Ang said SMC has invested in Northern Cement Corp (NCC) which is establishing a 2Mta line in Pangasinan. It currently owns a 35 per cent stake in NCC but it hopes to gain a majority share next year. The company also owns Eagle Cement which operates a plant in Bulacan. Ang told local press that the company plans to add two more plans in Quezo... |
Fitch affirms Lafarge's BB+ rating, France15 July 2013, Published under Cement NewsFitch has affirmed at BB+ the long-term issuer default rating (IDR) of Lafarge as well as its senior unsecured rating. The long-term IDR's outlook is stable. The affirmation reflects Fitch's expectation that Lafarge will be able to deleverage quickly in 2013 reaching credit metrics in line with the current rating, despite debt in 2012 being higher than Fitch's expectations and leverage being stretched for the current rating level. Recovery in the US, positive trends in emerging markets and... |
Cimpor starts exporting from Portugal to northern Brazil15 July 2013, Published under Cement NewsCimpor has started its first exports to northern Brazil from Portugal, according to local press reports. The first shipment of 28,000t of cement has already reached the port of Manaus, northwestern Brazil, Valor Economico reported. Camargo Correa's subsidiary InterCement, which owns Cimpor, plans to import some 70,000t of Portuguese cement this year. Apart from Brazil, Cimpor seeks to expand its exports to Algeria, Togo and Paraguay amid the shrinking sales in the domestic market. |
Cemex to raise Mexican cement prices by 4%12 July 2013, Published under Cement NewsCemex said Thursday it plans to raise prices of grey cement in Mexico by about four per cent starting next Monday. The increase will compensate for higher raw material costs the company faces for cement production, Cemex said in a statement. |
Birla Corp to raise capacity to over 13Mta, India12 July 2013, Published under Cement NewsIndia's Birla Corporation plans to expand its cement capacity over the next three years involving an investment of INR25bn to raise capacity from 9.3Mta to 13.8Mta. Harsha Lodha, chairman of the Birla Corp told the Times of India: "Some of the money would be invested in the company's already announced projects like the 3Mta cement plant at Talavadi, 1.5Mta unit at Chanderia and 1Mta plant in Assam, and also in some other projects yet to be formally approved by the board." The Assam proje... |
Lafarge Canada launches new safe and sustainable bagging solutions12 July 2013, Published under Cement NewsLafarge Canada Inc announced three new additions to its packaged cement offerings in eastern Ontario, Quebec, and Atlantic Canada. Effective this month, Lafarge Canada will be selling 20kg Contempra (GU-L), 20kg High Early Cement (HE), and 30kg Silica Fume Cement(GUb-SF) bags in these key market areas. "Lafarge is committed to building better cities and communities, and we are proud to lead our industry in offering these bagged products for our customers, "said Gurinder Girn, Vice Presid... |