Cement News tagged under: international
Eurocement’s Ukraine operations see further market growth23 October 2012, Published under Cement NewsPlants operating under the Eurocement-Ukraina network produced more than 1.2Mt of cement in the first nine months of 2012. More than 1.22Mt of cement have been sold in the reporting period. According to VV Gorgolyuk, CEO of Eurocement-Ukraina, results during the period indicate that the potential for further market growth and the strengthening of leadership position in the market of the plants included in Eurocement-Ukraina still have not been exhausted. |
JK Cement signs MoU for new plant, India23 October 2012, Published under Cement NewsJK Cement has signed a memorandum of understanding (MoU) with the government of Madhya Pradesh to set up a cement plant in the Panna district of the central Indian state. The MoU was signed in the presence of Chief Minister Shivraj Singh Chouhan and JK Group officials, official sources said, according to reports in the Times of India. |
UltraTech second quarter profit surges, India22 October 2012, Published under Cement NewsIndia’s largest cement producer UltraTech reported a 97 per cent rise in standalone profit to INR5.5bn (US$102m) for the second quarter of the current fiscal FY12-13 but higher input costs continue to impede the domestic industry. During the July-September 2012 period, net sales rose 20 per cent to INR47bn, as consumption has seen a gradual uptick through the year. Cost cutting measures have helped the cement major achieve better results, the company said in a release. Margins of cemen... |
Mozambique prices expected to fall22 October 2012, Published under Cement NewsMozambique’s minister of industry and trade Armando Inroga expects cement prices will fall by year-end as production stabilises. Further reductions are expected next year as competition increases with new facilities coming on-stream. In the capital Maputo prices have climbed from MZN215/50kg bag (US$7.5) to MZN240 (US$8.3). Prices are reported to be much higher in the central and northern provinces. For example, in Sofala, Nampula, Niassa and Cabo Delgado, prices are in excess of MZN350/ba... |
Iran forecast to produce 75Mt cement by year-end22 October 2012, Published under Cement NewsIran is projected to produce 75Mt of cement by the end of the current Iranian year (March 20, 2013), according to local news reports. ISNA quoted Iranian deputy industry minister, Vajihollah Jafari, as saying that production capacity will be 86Mt by the end of the year. Iran exported over 6.8Mt of cement during the first six months of the current (Iranian) year. |
PCA, MSHA renew safety alliance, USA22 October 2012, Published under Cement NewsThe Portland Cement Association (PCA) and the U.S. Department of Labor's Mine Safety and Health Administration (MSHA) renewed an alliance designed to foster safer and more healthful working conditions in the cement industry.??Originally signed in 2008, the agreement allows PCA and MSHA to combine resources and expertise to provide cement industry personnel with information, guidance and access to training resources that will help protect the health and safety of all cement manufacturing empl... |
Argos registers 25% rise in third quarter EBITDA19 October 2012, Published under Cement NewsColombia’s Cementos Argos' third quarter operating revenues reached COP3.2bn as the cement company sold 8.2Mt of cement and 6.4Mm3 of concrete in Colombia, the Caribbean and the USA. The figures represent an expansion in sales of seven per cent for cement and eight per cent for concrete. The company’s EBITDA amounted to COP605,000m, an increase of 25 per cent YoY while its operating profit totalled COP328,000m due to the momentum gained by its US and Caribbean operations. Net profit stood ... |
Spain's cement consumption fall accelerates19 October 2012, Published under Cement NewsThe latest cement sales figures coming out of Spain offer little, if any, hope for the country’s cement producers that business may be picking up. While in August, a 34 per cent drop in sales was noted, September registered a worse contraction. Consumption barely made 1Mt, thus recording a 38 per cent decrease MoM to 1.047Mt. Cement factories noted a 27 per cent fall in output to 1.272Mt in September. For the year to date, national cement consumption fell by 34.6 per cent to 10.61Mt in ... |
Argentine shipments see MoM gains19 October 2012, Published under Cement NewsIn September 2012, Argentina shipments (including exports) reached 907,186t, representing 5.4 per cent increase compared to August. However, compared to September last year, shipments fell 17.8 per cent. Domestic consumption reached 889,649t, representing a rise of 5.8 per cent from the previous month. However, compared to September 2011 volumes were down 18.7 per cent. Source: Asociación de Fabricantes de Cemento Portland. |
FLSmidth secures funding for R&D investments18 October 2012, Published under Cement NewsFLSmidth has signed a loan agreement totalling EUR130m with the Nordic Investment Bank (NIB). The loan is earmarked for investments in research and development activities. The seven-year-maturity loan will finance FLSmidth's global research and development programme in the period of 2013-2015. The R&D programme will focus on development of new products, enhanced energy efficiency and use of materials and fuels in the production process, and reduction of harmful emissions. The total budget ... |