Cement News tagged under: international
Tianshan Cement to invest in Xinjiang region, China14 December 2012, Published under Cement NewsXinjiang Tianshan Cement Co Ltd, a Shenzhen-listed cement producer, announced today that it will invest a CNY985m (US$157.6m) to expand its business in Xinjiang Uyghur Autonomous Region. Tianshan Cement will invest CNY87m to build cement production lines for two subsidiaries in Lop County and Fukang City. Tianshan Cement will invest an additional CNY98.07m to develop a limestone project in Aksu City. (Source: China Business Newswire) |
Pakistan transporters call off strike13 December 2012, Published under Cement NewsPakistan cement manufactures and exporters are breathing a sigh of relief following the announcement that the United Goods Transporters Alliance (UGTA) have ended their 11 day strike. An agreement was reached following successful negotiations with a two-member government committee formed by Pakistan Prime Minster Raja Pervaiz Ashraf, late on Wednesday night. M. Shoaib Khan, General Secretary of UGTA, told CemNet News that the government had accepted a number of points on their agenda of ... |
Euroconstruct reduces European output forecasts13 December 2012, Published under Cement NewsEuroconstruct has reduced its forecasts for European construction output for both 2012 and 2013 with a slow recovery expected for 2014. It its latest forecasts published yesterday, the research group expects European output to decline by 4.7 per cent this year, 2.6 percentage points lower than it predicted in June 2012. A future decline of 1.6 is envisaged in 2013 (from a previous forecast of +0.4 per cent) and in 2014 it sees growth of one per cent (previously +1.7 per cent). Its initial ... |
Brazil Jan-November cement demand rises 7.6%13 December 2012, Published under Cement NewsCement consumption in Brazil for the January-November 2012 period reached 63.2Mt, 7.6 per cent ahead of the same period of last year,latest data from Sindicato Nacional da Indústria do Cimento (SNIC) showed. In November alone, sales totaled 5.8Mta, an increase of 3.8 per cent over the same month of 2011, according to the latest statistics In terms of sales by day, November deliveries rose by 2.3 per cent compared to October 2012 figures. According to data obtained by SNIC from the S... |
Italcementi announces restructuring plan, Italy13 December 2012, Published under Cement NewsItaly’s leading cement producer Italcementi has approved a 2013-14 reorganisation of its domestic operations to cut annual costs by EUR40m (US$52.2m). The plan, named “Project 2015” forsees a temporary redundancy scheme for up to 665 employees. At present the company employs 2500 staff of whom two-thirds are involved in its productions sites and the rest work at the company's headquarters in Bergamo. |
Minister visits Lafarge's Cookstown Works to see investment projects13 December 2012, Published under Cement NewsLafarge Cement welcomed the UK's Enterprise Minister Arlene Foster to its Cookstown works, Northern Ireland, on 7 December to see a range of significant investment projects worth in excess of GBP5m (EUR6.2m). During her visit to the Works, the Minister was able to see at first hand the new projects which will deliver improved performance at the site in a number of operational areas. During her tour of the site the Minister met employees who were able to present the projects. One of the pr... |
Iranian cement production reaches 49Mt mark12 December 2012, Published under Cement NewsIn the first eight months of the Iranian calendar year (beginning 20 March) the country’s cement production rose six per cent YoY to 49.14Mt against 46.34Mt in the same period of last year. However, cement production in the period fell short of the 5.09Mt anticipated as output in the month of Aban (the eighth month) missed expectations. Production during the month reached 5.87Mt – less than the 6.42Mt that had been forecast but ahead of the 5.2Mt produced in the period of the previous yea... |
Senegal’s cement output impacted by Mali12 December 2012, Published under Cement NewsThe prevailing socio-political situation in Mali has had a negative impact on cement production in Senegal. In 3Q12, cement output in Senegal fell by 19 per cent QoQ, according to the Dakar-based Directorate of Forecasting and Economic Studies (DPEE). The situation in Mali resulted in an 11 per cent drop of local sales and a 5.7 per cent cut in exports during the period. YoY figures also show a six per cent contraction. ''However, accumulated over the first nine months of 2012, the pro... |
Cement prices see third week of decline, China12 December 2012, Published under Cement NewsThe average selling price (ASP) of cement in China has continued its downward trend and registered its third consecutive week of decline since mid-November. During the week commencing 3-7 December 2012 the ASP dropped 0.7 per cent compared to the week before, according to data from the industry information provider Digital Cement. Prices have been falling since mid-November following three months of rises. Prices in the central and southern China regions continued their downward trend ... |
Coboce: Bolivia’s demand growth requires further investment11 December 2012, Published under Cement NewsWithout new investment in the cement industry, Cochabamba and Bolivia as a whole could face new supply shortages by 2016. In the past two years, the country has seen demand growth double from seven to 14 per cent and in some cases, growth peaks of up to 26 per cent were recorded. In 2013, a new plant will be launched but the growing demand, fuelled by the growth of public and private works will require further investment. This year the government announced a US$2bn injection in infrastruc... |