Cement News tagged under: international
Capacity increases boost Semen Indonesia's first-quarter sales12 April 2013, Published under Cement NewsSemen Indonesia, the country’s largest cement producer, has reported a double-digit rise in first quarter sales and has increased its market share thanks to new capacity additions. The company achieved record quarterly sales of 5.95Mt of cement in 1Q13, a rise of 20.4 per cent compared to 4.94Mt in the same period of last year, data from the Indonesian Cement Association (ASI) shows. The rise was in line with increased sales across the Southeast Asian country, which increased by 8.6 pe... |
Jaiprakash Associates seeks permission for land acquisition12 April 2013, Published under Cement NewsJaiprakash Associates is seeking permission from the Himachal Pradesh state government to start land acquisition for a new cement plant. Industries Minister Mukesh Agnihotri informed the state assembly on Tuesday that the company requires 212ha, including 158ha of forest land, for the plant at Malokhar in Bilaspur district, NewsTrack India writes. "The company has now sought permission to start acquisition of 172ha," the minister said. The memorandum of understandi... |
Association warns of industry losses through exports, Vietnam12 April 2013, Published under Cement NewsDespite the Vietnamese government calling for the domestic industry to increase exports, the chairman of the Vietnam Building Association has called for local producers to cooperate in a fair pricing environment to prevent further losses. Last year producers were reported to have incurred a loss of US$80m as volumes were sold at below floor prices to undercut each other, said Mr Huynh, chairman of the association. According to him, local firms sold their products at US$40-45/t, incurring ... |
Credit Suisse sees Indian demand higher from next fiscal11 April 2013, Published under Cement NewsDespite the Indian cement sector facing a number of challenges last year, Credit Suisse forecasts improvements in consumption going forward with higher growth rates expected from the next fiscal. The domestic market saw mixed results in calendar year 2012, with the first half proving encouraging but a slowdown in the second part of the year fell short of analysts expectations. While the initial months of 2013 have failed to bring any real cheer to the sector, analysts at Credit Suisse see... |
Indonesia first-quarter sales rise 8.6%11 April 2013, Published under Cement NewsIndonesian cement sales rose by 8.6 per cent in the first quarter of 2013 to 13.6Mt, latest data from the country’s largest producer, Semen Indonesia, shows citing figures from the Indonesian Cement Association (ASI). While cement demand in the Southeast Asian country continues an upward climb, cement sales in March only rose by 3.5 per cent YoY to 4.5Mt – the slowest pace in seven months. Some analysts attributed the slowing sales to delays in the government’s infrastructure projects. ... |
Suez Cement production scaled back 30% due to energy shortages10 April 2013, Published under Cement NewsEgypt-based Suez Cement said that it scaled back production by as much as 30 per cent last year due to a lack of fuel supplies. "A lack of fuel supplies has cut our annual production of 12Mt by between 20-30 per cent since the start of the year," Mohamed Shanan, director of business development of Suez Cement, told Reuters. In terms of fuel price hikes, Mr Shanan told reporters at a recent energy conference that: "Any increase in (fuel) prices must be matched by an increase in cement ... |
Lafarge Ciment Moldova opens rail terminal to serve southern market10 April 2013, Published under Cement NewsLafarge Ciment Moldova has opened a new terminal to help better serve the southern market of the Balkan country. Previous deliveries from the plant in Rezina to the south were carried out by truck, travelling a distance of over 200km. However, with the new Comrat terminal, bagged cement will be transported by rail and stored, and thereafter be delivered to local distributors and sold to end-users. “With this terminal we will make sure that our products are available to all, all year long an... |
DTI probes Philippine cement price hike09 April 2013, Published under Cement NewsThe Department of Trade and Industry (DTI) has asked Philippine cement manufacturers to explain why prices have risen from a year ago and are above the suggested retail price (SRP). Trade undersecretary Zenaida Maglaya cited Holcim Philippines Inc which has raised its selling price to PHP218/bag (US$5.3) from PHP195 (US$4.7) last year. Similarly, Lafarge Republic and Cemex both raised their selling prices to PHP220/bag from PHP205 and PHP195/bag, respectively, Maglaya told reporters afte... |
Lafarge Pakistan signs health and safety MoU with APCMA09 April 2013, Published under Cement NewsLafarge Pakistan and the All Pakistan Cement Manufacturers Association have signed a Memorandum of Understanding (MoU) for a health and safety training and awareness initiative. Mr Amr Reda, CEO of Lafarge Pakistan said in a statement: “The cement industry operates in an environment with multiple types of hazards, making it our priority to ensure the safety of all people working directly and indirectly in it.” The APCMA is encouraging all its members to study and apply these safety sta... |
Pakistan cement dispatches rise on increased exports08 April 2013, Published under Cement NewsPakistan reported a rise in dispatches last month led by gains in export volumes but domestic sales were subdued. Latest data from the All Pakistan Cement Manufacturers’ Association show cement dispatches reached 3.326Mt last month, of which 2.558Mt was consumed by the domestic market and 0.786Mt exported. Exports during March rose by 22.9 per cent YoY, and were up 15 per cent MoM compared to February 2013. However, the healthy gain in exports was accompanied by only marginal growth in... |