Cement News tagged under: international
Algeria: Gica launches 1.5Mt import tender07 May 2013, Published under Cement NewsAlgerian cement company Gica launched a tender for the importation of 1.5Mta of cement with the first delivery of 0.95Mt due early July. The imports are expected to alleviate the cement shortage in the country, which currently has a demand exceeding 20Mt but only 17Mt in national output. Two technical stoppages have occurred during the year and in addition, Lafarge halted operations at two works in the past two weeks. This at a time when Algeria has commenced a housing programme that ... |
Lanco Industries withdraw proposal for Andhra Pradesh plant, India07 May 2013, Published under Cement NewsLanco Industries has withdrawn its proposal to establish a 0.3Mta mini cement plant in Andhra Pradesh, India. The decision was made after the company reviewed the current market situation in the southeastern state. In a filing to the Bombay Stock Exchange, Lanco Industries stated: "Considering the present market scenario of cement in Andhra Pradesh, the proposal for setting up of mini cement plant of 3,00,000tpa, with rotary kiln, with an estimated capital outlay of INR125 crore, has been... |
Kuwait Portland Cement net profit surges07 May 2013, Published under Cement NewsKuwait Portland Cement said its net profit surged to KWD3.2m (US$11.3m) in the first quarter of 2013 from KWD2.3m a year ago, the trader said in a bourse statement. Earnings per share (EPS) rose to 34.69 fils from 24.8 fils. Total assets stood at KWD 80.2m at end the end of March 2013, up from KWD75.3m a year earlier. Kuwait Portland Cement Co. is engaged in import of bulk cement and supply in the local markets. It has a 60,000t silo from which it distributes imported cement. |
US February shipments edge ahead06 May 2013, Published under Cement NewsTotal shipments of Portland and blended cement in the United States and Puerto Rico for February 2013 were about 4.7Mt, slightly more than shipments in February 2012. Shipments for the year through to February 2013 were 9.6Mt, up by nearly three per cent, the latest data from the US Geological Survey (USGS) shows. The leading Portland cement producing states in February were Texas, California, Florida, Missouri and Alabama in descending order. The leading consuming states (Texas, Califo... |
Lafarge Canada Inc in multi-partner initiative to invest $8m in low carbon fuels06 May 2013, Published under Cement NewsLafarge Canada Inc, Natural Resources Canada, the Queen's Institute for Energy and Environmental Policy and Carbon Management Canada announced in a statement that they are joining forces and investing more than $8m to develop innovative solutions to power Lafarge Canada's cement plant in Bath, Ontario, by re-using local surplus materials as low carbon fuels. This multi-partner initiative intends to produce low emission, low carbon fuels from local supplies such as construction and demolit... |
Karcement to complete Kiln Line No 5 upgrade by 3Q13, Kazakhstan03 May 2013, Published under Cement NewsKarcement, part of the Central Asia Cement group, has said that the upgrade of Kiln Line No 5 will be completed by the third quarter of 2013 and forms part of the company's modernisation programme. The new line will have a capacity of 1.2Mta and use dry-process technology. "Until now 85 per cent of the modernization works has been done. The line is scheduled to start a full-capacity operation in late October 2013, the company’s CEO, Gan Chee Liong, told local press. The project is part... |
Siam City Cement adds water management to Sustainability Roadmap, Thailand02 May 2013, Published under Cement NewsThailand's second-largest producer Siam City Cement (SCCC) is to add water management and conservation to its Sustainable Development Roadmap and plans to spend THB58.7m (US$2m) on water conservation and related activities from 2012-18. The company's cement operations in Saraburi have been self-dependent in water supplies without drawing water from public sources. Managing director, Philippe Arto, told the Bangkok Post: “In Saraburi province, we pumped water from underground, but now w... |
OCI to settle tax dispute with Lafarge02 May 2013, Published under Cement NewsOCI has agreed to pay about EGP7bn (US$1bn) over five years to settle a tax dispute on the sale of its cement unit to Lafarge back in 2007, Bloomberg has reported. The payments will start in May this year and end in 2017, OCI said. The Egyptian Tax Authority determined that "there was no tax evasion by the company and is exonerating management and the company from any wrongdoing related to the transaction," the company said. |
Raysut Cement to construct terminal in Port of Duqm, Oman01 May 2013, Published under Cement NewsOman’s leading cement producer, Raysut Cement Company (RCC), is planning to construct a cement terminal at Duqm port as well as develop limestone mines in Duqm. Mohammed Ahmed Al Dheeb, Group chief executive officer of RCC, told delegates during a seminar on ‘GCC Investment Prospects at Duqm Special Ecnomic Zone,’ that the terminal will be completed within 10 months of signing a lease agreement with the Special Economic Zone Authority at Duqm. The Times of Oman quoted him as saying: ... |
Holcim Nicaragua continues to invest01 May 2013, Published under Cement NewsHolcim Nicaragua is carrying out various works at its Nagarote grinding plant, representing an investment of US$3m this year. The company is currently expanding its cement dispatch centre and its cement storage capacity in addition to the recent installation of new cement grinding equipment. Holcim Nicaragua is the second-largest player in the Central American country behind Cemex Nicaragua. Holcim's Nagorote grinding plant has a capacity of 0.3Mta. |