Cement News tagged under: international

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Holcim (US) Celebrates Centennial

29 November 2012, Published under Cement News

The Holcim (US) Portland facility is participating in a year-long community service initiative to mark the centennial anniversary of its parent company, Holcim Ltd. Holcim (US), one of the nation's leading manufacturers and suppliers of cement and mineral components, is celebrating its 100-year anniversary by participating in Together for Communities, an initiative in which employees lead local volunteer projects. "Our employees at the Portland facility have shown great dedication in their ...

Ecuador October sales advance

28 November 2012, Published under Cement News

Domestic cement sales in Ecuador reached 586,426t in October 2012, 13 per cent ahed of the same month of 2011, according to the latest data from local cement association Instituto Ecuatoriano del Cemento (INECYC). For the first 10 months of the year, accumulated sales have totalled 4.9Mt, representing a 5.2 per cent YoY rise compared to the same period of 2011, INECYC figures shows.

Cemex sees improved US results going forward

28 November 2012, Published under Cement News

Cemex expects improved results at its US operations between 2013 and 2016 as the local market has shown stronger than expected trends, allowing for improved profitability. Karl Watson, president of Cemex USA, told analysts during a presentation on Tuesday the company expects US housing starts to increase 16 per cent next year, reaching 873,000. The company forecast US residential sector cement demand will increase by 14 per cent in 2013. Watson said US annual cement sales are now about...

New Uganda cement plant construction launched

28 November 2012, Published under Cement News

The DAO Group has launched construction of Uganda’s third cement factory in the Baduka district in the east of the country with a groundbreaking ceremony in the presence of President Yoweri Museveni. The plant will have an initial capacity of with a 750tpd plant which will increase to 2500tpd in the medium-term and 5000tpd in the long-term, according to reports by Business Week. The other two cement companies operating in the East African country are Tororo Cement and Hima Cement. The ...

Brazil October sales rise 9.8 per cent YoY

27 November 2012, Published under Cement News

Brazilian cement sales in October 2012 reached 6.2Mt, representing a 9.8 per cent rise compared to the same month of the previous year, data from the Sindicato Nacional da Indústria do Cimento, shows. In terms of the number of days worked, October sales fell 2.1 per cent compared to September 2012. Over the first 10 months of 2012, sales reached 57.4Mt, up eight per cent over the same period of 2011. According to data obtained by SECEX/MXIC, cement imports in the first three quarters o...

Peru sees cement shipments grow 16.6 per cent in Jan-Oct 2012

27 November 2012, Published under Cement News

In October, demand for cement in Peru reached 903,750t with exports adding a further 28,634t to the total delivery figure for the month. Local cement makers produced around 926,623t, according to Peru’s cement manufacturers’ association Asocem. Between January-October 2012, deliveries of cement in the Peruvian market increased 16.6 per cent, reaching a total of 7.865Mt, reported Asocem. Output increased 16.5 per cent YoY from 6.909Mt to 8.050Mt over the same period. During the fir...

Cemex Espana adjusts downsizing plan

27 November 2012, Published under Cement News

Cemex Espana is to adjust its downsizing plan for its domestic operations from the initial 370 planned job buts to 280.  The 25 per cent reduction came as a result of an agreement reached between the company's management and trade unions. The employees to be affected by the staff-reduction measure account for 16 per cent of all 1740 in Spain at present. The laid-off employees will receive severance pays of 30 days per every year of work but not more than 22 monthly salaries. The staff ad...

China Resources Cement sales seen hitting 70Mt in 2013

27 November 2012, Published under Cement News

China Resources Cement (CR Cement) expects cement sales in 2013 to increase to 70Mt, representing a YoY rise of 5Mt. Production capacity, meanwhile, is likely to rise to 72.7Mt in 2013. The company is set to launch a 5000tpd line in Guangdong Luoding in 4Q12. As such, total clinker capacity will reach 50Mta by end 2012. Citigroup has recently lifted its target price for CRC to HK$3.3 from HK$3, and maintained its "sell" rating. CR Cement had raised cement average selling price (ASP) ...

Lucky’s US$160m Vietnam investment short on raw materials

26 November 2012, Published under Cement News

Chen Liang-chuan, the founder of the Taiwan-based Lucky Cement Corp, may see his US$160m into He Duong Cement Co, Nin Binh, Vietnam in 2008 evaporate as the project has found itself suddenly without adequate raw material sources, according to Venews. Chen Liang-chuan was awarded by the local government the right to mine a 72ha limestone field for 49 years. The project was approved by Nguyen and related ministries. However, just as the plant’s two new 4Mta production lines were about to st...

Lucky Cement plans Indian plant

23 November 2012, Published under Cement News

Pakistani cement producer Lucky Cement has expressed interest in establishing a manufacturing plant in India.  “Currently, Lucky Cement is contemplating having a direct presence in India once it has achieved key understanding of the Indian market and the opportunities it may offer,” said a spokesperson. “At present, Lucky Cement is seeking guidance both from the Pakistan and Indian government authorities on the existing FDI policy.” If it is realised the investment would be a modest bu...