Cement News tagged under: international
Cimbec to start construction in spring 201311 December 2012, Published under Cement NewsCimbec Canada, the company behind Canada’s Gaspé cement project, is expected to start construction on its Port Daniel cement works in the spring of 2013, according to Denis Boucher of National PR agency, which handles the communications for the company. The project cost is estimated at CA$700m (US$709m) and is envisaged to create between 400-500 jobs during construction and 400 thereafter. The plant is designed to produce 2Mta and will have a port that will export cement by ship to the US... |
Transport strike impacts Pakistan cement production11 December 2012, Published under Cement NewsA week-long strike by the All Pakistan Goods Transport Owners Association (APGTA) is impacting the production of cement in Pakistan as manufacturers face a shortage of raw material supplies. Concerns are also now mounting that interruptions to production will disrupt the domestic supply chain as well as export deliveries. For the past week, truck owners have stopped picking up coal consignments for factories from the Port of Qasim, near Karachi, as they are striking over the enforcement... |
Siam City Cement to boost production, Thailand11 December 2012, Published under Cement NewsThailand’s Siam City Cement (SCCC) has said it will resume operations of two clinker lines from next year on the back of increased local demand. The company is also looking to construct its first cement plant outside of Thailand. Two of SCCC's six kiln lines have been shut down since the economic crisis in 2008. With local consumption now showing sound levels of recovery, Mr Arto said one kiln will reopen next October, which will add 10 per cent (1.4Mta) of capacity. The other kiln is due... |
Siam Cement Group to lift exports to Myanmar11 December 2012, Published under Cement NewsSiam Cement Group (SCG) of Thailand plans to boost exports of its Elephant brand cement to Myanmar and expand its distribution network in the Southeast Asian country, according to an official of the company’s local subsidiary. Speaking to the Myanmar Times, Soontornpol Veerapravati, managing director of SCG Trading, which is SCG’s subsidiary in Myanmar, said the company would export 2Mt there in 2013. However, this is just a one per cent increase over the 1.9Mt likely to be exported this ye... |
Zambia confirms Lafarge MD deportation11 December 2012, Published under Cement NewsLafarge Zambia's managing director Folayinka Esan has been flown back to his country of origin, Nigeria, for contravening the Immigration Act, Zambia's Home Affairs Minister Edgar Lungu has said. Mr Esan, 44, a Nigerian but a holder of a British passport, had his resident permit revoked on Wednesday this week for violating the Immigration and Deportation Act number 18 of 2010. "Mr Esan had his resident permit revoked and consequently cancelled on Wednesday because his conduct was found to ... |
Ecuador November sales advance 11.1 per cent YoY10 December 2012, Published under Cement NewsDomestic cement sales in Ecuador reached 561,534t in November 2012, an increase of 11.1 per cent compared to the same month of 2011, according to the latest data from the Instituto Ecuatoriano del Cemento (INECYC). For the first 11 months of the year, accumulated sales totalled 5.5Mt, representing a 5.8 per cent YoY rise compared to the same period of 2011, INECYC figures shows. |
Iran’s exports rise 30% in first eight months10 December 2012, Published under Cement NewsOver the first eight months of the current Iranian calendar year (beginning 20 March 2012), Iran exported over 9.38Mt of cement and clinker, representing an increase of 30 per cent compared to the same period of last year, the IRNA News Agency reported. In terms of the breakdown of export volumes, some 8.246Mt of cement and 1.136Mt of clinker were exported, with the main markets being Iraq, Central Asia, UAE and Afghanistan. Iran’s cement production capacity currently stands at 86Mt, the ... |
Jaypee/Aditya Birla talks advance, India10 December 2012, Published under Cement NewsTalks between the Jaypee Group for its sale of its Gujarat based cement units to Aditya Birla have moved into the final stages, according to local media reports, adding that valuations of the deal have continued to put hurdles in the way of the deal. Reports that the Birla group have been negotiating for the price Jaypee Gujarat cement units and if the deal proceeds they may end up paying around US$800m. It said that the Birlas have offered US$160/t of capacity, much lower than the US$200/t... |
Taiwan Cement Corp to sign syndicated loan for expansion10 December 2012, Published under Cement NewsTaiwan Cement Corp is expected to sign the contract for a syndicated loan worth NT$12.5bn (US$416.67m) to expand operations in China and acquire local cement plants. The Chinese banks with branches in Taiwan, Bank of China and Bank of Communications, are said to be among the underwriting banks. Mega International Commerical Bank is the leading undwriter among the other Taiwanese banks including Taiwan Cooperative Bank, Hua Nan Bank, First Commerical Bank and Chinatrust. The five-year l... |
MPA welcomes Autumn Statement’s modest boost to construction10 December 2012, Published under Cement NewsAlthough the Autumn Statement by the UK's Chancellor of the Exchequer, delivered on 5 December, predicts an extended period of low economic growth and high public borrowing and deficits, the Mineral Products Association (MPA) sees the transfer of funding from current account revenue budgets to capital investment in construction represents a net positive for the construction and mineral products industries. MPA's pre-Autumn Statement representations called for a focus on additional and e... |