Cement News tagged under: international
Oman Cement 9M12 net profit surges on local demand25 October 2012, Published under Cement NewsOman Cement Company’s profit after tax increased 32.5 per cent to OMR12.859m (US$33.4m) in the first nine months of the year against net earnings of OMR9.703m during the same period last year. Cement sales rose 20.8 per cent to 1.689Mt from 1.98Mt last year. Turnover increased 15.16 per cent to OMR41.762m against OMR36.265m last year. Clinker production also sharply increased to 1.505Mt this year, from 1.037Mt last year. In addition, the company had to import 54,652t of clinker to bri... |
India Cements plans Tamil Nadu capacity expansion, India25 October 2012, Published under Cement NewsIndia Cements is planning work on a brownfield expansion to add over 3Mta at two of its cement plants in the southern Indian state of Tamil Nadu. The Dalavoi plant, in the Ariyalur district, the company plans to construct a new line that will add over 2.55Mta to the existing 2.16Mta capacity, according to reports by Business Line India. This will take total capacity at the plant to 4.71Mta. A 2x20 MW captive power plant will also be set up to fully meet the power requirement there. A simil... |
Pakistan’s 1QFY13 cement exports rise in value terms25 October 2012, Published under Cement NewsPakistan cement exports in the first quarter of the current fiscal rose in value terms YoY but in quantity terms volumes are still declining, according to data from Pakistan’s Bureau of Statistics. During the period from July-September 2012, US$146.321m worth of cement was exported which was up by 42.35 per cent compared to the same period of last year. However, in terms of quantity, exports totalled 1,899,791t in the first quarter of FY13 compared to 2,158,429t in the first quarter of FY... |
Siam Cement doubles cement sales forecasts25 October 2012, Published under Cement NewsSiam Cement Pcl has doubled its forecast for cement sales growth this year. The company is expected to benefit government projects and the private property sector, and growth should continue in 2013, Reuters reported Chief Executive Kan Trakulhoon as saying. "Cement demand is expected to reach 35Mt this year, which is the highest since 1996," Kan told reporters, referring to the year before the 1997 Asian financial crisis. The company recently announced that it plans to spend THB11bn on a... |
Lehigh Cement gets green light for conveyor project, USA25 October 2012, Published under Cement NewsLehigh Cement Co has been given approval to construct a 4.4 mile long underground conveyor system from the company's quarry to the plant in Union Bridge, Maryland, USA. The board of the Carroll County Commissioners unanimously approved a zoning amendment enabling the company to proceed with the project. The conveyor will transport about 12,000tpd of stone from the company’s New Windsor quarry to the plant. Lehigh says the conveyor will be 3m to 20m underground. |
Philippine nine-month cement sales surge24 October 2012, Published under Cement NewsPhilippine cement sales increased 20 per cent in the first nine months of 2012, the first time such a high growth rate has been achieved for nearly 20 years. Figures from the Cement Manufacturers Association of the Philippines (CeMAP) show that between Jan-Sept 2012, cement sales reached 13.9Mt against 11.6Mt recorded in the same period last year. CeMAP president Ernesto M. Ordonez told reporters the growth was largely fueled by the strong infrastructure expenditures of the Aquino ad... |
Binani Cement abandons Mauritius project24 October 2012, Published under Cement NewsIndian cement maker Binani Cement has pulled the plug on its Mauritius project. A key issue cited by the company are the lack of area granted to the company by the Mauritius Port Authority. Rajesh Kumar Bagri, director of Binani Cement, says: "We will receive only four hectares from the Mauritius Ports Authority for the cement. This is not enough. Initially, there was talk that 6.5ha would be available to us. " In addition, a challenge to the licence obtained after the Environmental Impa... |
Holcim to modernize Volsk cement plant, Russia24 October 2012, Published under Cement NewsHolcim Russia plans to invested EUR350m for the modernization of its Volsk plant. The project will include the installation of a new semi wet-process production line with a capacity of 4500tpd, replacing the wet process technique. Construction work is expected to start in the second quarter of 2013 and the new line is scheduled to start commissioning in the third quarter of 2016. Last year Holcim commissioned a new 2.1Mta kiln line at its Shurovo plant, serving the key regional Mos... |
Bolivia’s cement sales up 8.5% to September23 October 2012, Published under Cement NewsBolivian cement sales continued their upward trend with deliveries to September increasing 8.52 per cent to more than 2Mt, according to the Bolivian Institute of Cement and Concrete (IBCH). Domestic cement plants registered an increase of 5.47 per cent, but imports also noted a rise of 4.72 per cent. Insumos Bolivia imported 23,000t of cement in the first nine months of last year. This year, the figure increased to 24,100t. In addition, smaller companies imported 58,700t. “Imports have bec... |
OCL to raise funds for new plant, India23 October 2012, Published under Cement NewsOCL India Ltd, part of the Dalmia Group, is planning to raise around US$40m from International Finance Corporation (IFC) to support investment for the company's new 1.35Mta grinding plant at Medinipur, West Bengal. The US$102m plant will be located at Kulapachuria, Salboni sub-division. As a part of developing Godapaisal Industrial Park, the West Bengal Industrial Development Corporation has acquired and leased 154.43 acres of land to OCL as the anchor investor. The IFC is evaluating ... |