Cement News tagged under: international
ABG set to bring new cement ventures on-stream, India18 January 2013, Published under Cement NewsThe ABG Group of India is set to start production from its new cement ventures this quarter. Under ABG Cement Ltd, the company is constructing a 3Mta clinker unit in the village of Thumdi in Kutch and a 5.8Mta grinding works in the village of Mora, Surat, Gujarat state. The clinker plant is expected to go on-stream in February while the grinding unit may commence operations in the following month. These two projects mark the ABG Group’s first foray into the cement sector. The compan... |
Foundation stone laid for CIMERWA expansion, Rwanda18 January 2013, Published under Cement NewsThe foundation stone for the expansion of CIMERWA cement factory in Rwanda was laid yesterday by the president of the African nation Paul Kagame. The expansion project will lift capacity of Rwanda’s sole cement producer from 100,000tpa to 600,000tpa and has been made possible following PPC’s acquisition of a controlling stake in CIMERWA last December. Speaking to reporters after the ceremony, Mr Kagame said the increased production levels will help bring down the price of cement. He sa... |
Euro area construction output down 0.4 per cent in November18 January 2013, Published under Cement NewsConstruction output in the 17-nation euro area decreased 0.4 per cent in November according to first estimates released by Eurostat. In Germany, Europe’s largest economy, November construction advanced one per cent from a month earlier, while Spain gained 1.2 per cent, according to today’s report. However, these gains were offset by falls in France and Italy, where output dropped 0.5 per cent and 3.4 per cent, respectively. In the 27-nation EU, construction fell 0.9 per cent from October... |
HeidelbergCement completes first move in central Indian expansion project17 January 2013, Published under Cement NewsHeidelbergCement India Ltd (HCL) has completed the first step towards raising its capacity in central India by increasing grinding capacity at its Jhansi grinding works in Uttar Pradesh. The plant's capacity has been expanded from 0.8Mta to 2.7Mta, raising HCL’s total cement volumes in the country to 5Mta. “This is the first move towards our expansion plans in central India. We expect cement consumption to grow at a relatively higher rate in this region and we stand committed towards bett... |
Vicat eyes further growth in India17 January 2013, Published under Cement NewsFollowing the announcement yesterday by Vicat that its new joint-venture project Sagar has started commercial production, local press have speculated that the France-based major is scouting for further growth opportunities in India. Citing a company official, the Economic Times of India reported that Vicat is looking for more organic and inorganic growth in the country. The company already has a controlling stake in Bharathi Cement and has a joint venture with Sagar Cements. The Vicat Sa... |
Paraguay’s INC records rise in 2H12 cement sales17 January 2013, Published under Cement NewsParaguay’s Industria Nacional de Cemento (INC) posted a 56 per cent jump in second half 2012 sales compared to the first half of the year. The company sold 6,337,786 bags of cement in the second half of 2012 compared to 4,051,637 bags sold in the first six months. As a result, the company accumulated revenues of PYG262,823m (US$62.7m) in the final semester of the year, a marked improvement on the first-half PYG166,131m. Full-year sales reached 10,389,423 bags, up 3.6 per cent from 1... |
Peru’s cement shipments increase 15% in 201216 January 2013, Published under Cement NewsCement deliveries in the Peruvian market reached 9,571,920t in 2012, a 15.4 per cent rise when compared with 2011, according to cement manufacturers’ association Asocem. Exports more than doubled from 67,512t to 200,485t despite a buoyant domestic market. As a result, total cement dispatches expanded by 16.9 per cent to 9,772,404t from the previous year’s 8,361,633t. Senior analyst at the Economic Research Department of Scotiabank, Pablo Nano, said the increased sales of cement in Per... |
Oil prices stable, coal falling says BoAML energy forecast16 January 2013, Published under Cement NewsIn the second half of 2012 oil prices carried out a successful balancing act between maintaining supply and avoiding to destabilise the global economic recovery. The US fiscal cliff, Europe’s sovereign and banking crisis as well as China’s potential hard-landing have prevented any real direction from the market in 2H12. Bank of America Merrill Lynch (BoAML) sees it likely that oil prices will continue to trade in the current range during 1H13, although it does not rule out price rises. ... |
Pakistan exports to India slow16 January 2013, Published under Cement NewsExports of cement over the northeast border of Pakistan to western India have slowed over the past week due to border tension between Islamabad and New Delhi. It has been alleged that trucks carrying cement are being examined carefully and slowly, which has partially affected deliveries, the All Pakistan Cement Manufacturers Association has said. The issue is exacerbating the concerns of a drop in exports from Pakistan to its neighbour over the past six months. Over July-December... |
New Sofala plants to start operating in 2013, Mozambique16 January 2013, Published under Cement NewsTwo cement factories being constructed in the Sofala province of Mozambique are set to start operating by the end of this year. The cement plants are being built in the cities of Beira and Dondo, Jose Ferreira, provincial director for Industry and Trade tol local radio station, Radio Mocambique. Work is also underway to build a new kiln line at the Dondo works which is owned by Portuguese cement major Cimpor. Three further factories are also planned for the Sofala province, Mr Ferreira... |