Cement News tagged under: international
Asia Cement (China) net profit falls 70%25 March 2013, Published under Cement NewsAsia Cement (China, a subsidiary of Taiwan-based Asia Cement, has reported a drop in annual net profit and revenue due to declining prices. The company posted net profit of CNY395m (US$63.71m) in 2012, down 70.53 per cent YoY while revenues were down 18.55 per cent from a year earlier, reflecting a fall in prices. Cement production totaled 2.85Mt while cement sales reached 22.71Mt, the company said. The company sold 3.8 Mt of cement in the Nanchang-Jiujiang district of Jiangxi Province... |
TPI Polene to construct new kiln line, Thailand25 March 2013, Published under Cement NewsThailand-based cement producer TPI Polene is to construct a new line at its Saraburi cement works as steady growth on the local market is expected to continue. The Bangkok Post reported that company plans to spend THB10bn up to 2016, half of which will be on the clinker line and the balance on a renewable energy project. The new kiln line will lift capacity at the 9.07Mta Saraburi cement works by 33 per cent. The fourth kiln is a project that has been postponed since the 1997 Asian Finan... |
Northern Region Cement halts production, Saudi Arabia25 March 2013, Published under Cement NewsSaudi Arabian cement producer Northern Region Cement (NRCC) has had to halt operations following the ordered closure of the road leading to the plant which is preventing truck access. The road has been closed due to NRCC’s failure to construct an upper bridge road connecting the plant with the international highway, according to reports by Al-Eqtisadiah. Sources told the daily newspaper that NRCC was required to construct the bridge road by authorities to safeguard others driving in the a... |
Indonesia cement sales rise 8.2 per cent in February22 March 2013, Published under Cement NewsIndonesian cement sales rose 8.2 per cent to 4.39Mt in February 2013, according to the country’s largest cement producer Semen Indonesia citing data from the Indonesian Cement Association (ASI). While growth has continued, February’s figure was the slowest pace of growth for six months. In the first two months of the year sales rose by 11 per cent to 9Mt. David Sumual, an economist at Bank Central Asia told the Jakarta Post that a slowdown in investment, particularly in government inf... |
Cementos Portland considers Spanish plant closure22 March 2013, Published under Cement NewsCementos Portland is considering the closure of one of its plants in Spain, due to the continued downturn in the Spanish cement market. Juan Bejar CEO of the company’s majority shareholder FCC, said the move could affect one of the three factories in northern Spain or one of the two plants in the Catalonia region, local newspaper Expansion reported. The company will also have to adjust its staffing levels in its concrete and aggregate divisions. |
ThyssenKrupp awarded new Holcim Indonesia cement plant project22 March 2013, Published under Cement NewsThyssenKrupp Polysius has won a contract from PT Holcim Indonesia Tbk, to build a second cement plant near the town of Tuban on the northern coast of the island of Java. The contract is worth around US$250m and the plant is scheduled to start production in 2015. "This follow-up order is proof of our good partnership with the customer and shows that our technological solutions and leading engineering expertise are supporting Holcim in the growth of the Indonesian cement industry. We are fi... |
Yamama Saudi Cement to upgrade Riyadh works22 March 2013, Published under Cement NewsYamama Saudi Cement Company is to carrying out the rehabilitation of an existing cement plant in Riyadh. This project is in Saudi Arabia. It aims at replacing five old clinker lines to increase the production capacity to 10,000tpd. The scheme is currently under planning and no expected schedule has been disclosed. A feasibility study has already been completed. |
Lafarge to reopen revamped Danao plant, Philippines21 March 2013, Published under Cement NewsLafarge Republic is to reopen its facility in Dano, Cebu, in the Philippines as part of the company’s drive to raise output due to increasing domestic sales. “The revamped plant in Danao City is one of several capacity expansion projects being undertaken by LRI to respond to the growing demand for building materials and the order backlog of construction projects of the leading construction companies.” Lafarge Republic said in a disclosure to the Philippine Stock Exchange. The plant wil... |
Iran reports strong export gains in first 11 months21 March 2013, Published under Cement NewsCementitious exports from Iran have risen by 35 per cent in value terms during the first 11 months of the current Iranian calendar (beginning 20 March 2012), to reach a total of US$822m. Exports totaled 10.4Mt, a rise of 27 per cent YoY, according to reports by Trend News Agency. Export destinations include some 24 countries including Iraq, Azerbaijan and Turkmenistan. Iran’s cement output is expected to reach 75Mta by the end of the current Iranian year, with plans to lift this volum... |
Spain's February consumption down 25%20 March 2013, Published under Cement NewsThe downward trend in Spanish cement demand shows no signs of abating as cement consumption in fell 25 per cent in February, the latest data by domestic association Oficemen shows. Consumption last month fell to 863,950t some 289,000t less than in February 2012 when it was 1.152Mt. Over the first two months of 2013, accumulated demand was 1.757Mt, some 23.3 per cent less than the same period last year (2.29Mt) Production in February was 988,296t, a YoY decline of 23.7 per cent from ... |