Cement News tagged under: international
Five Holcim plants receive Energy Star, USA18 October 2012, Published under Cement NewsHolcim (US) Inc announced today that five of its plants have earned the US Environmental Protection Agency's (EPA) prestigious ENERGY STAR®. "It is with great pride that once again Holcim is recognized by the EPA for our continued commitment to environmentally sound practices with the ENERGY STAR® Awards," said Filiberto Ruiz, deputy chief executive officer of Holcim (US). "Protecting the environment is a priority at Holcim, and these awards reflect the determination of every Holcim employe... |
BofAML says China cement industry trends turned positive18 October 2012, Published under Cement NewsChinese cement stocks have rebounded 20 per cent since early September, and Bank of AmericaMerrill Lynch believes the industry outlook tends to turn positive as new production capacity is expected to plunge starting from 2013. The demand for and production capacity of cement are set to be more balanced after excessive production capacity in the third quarter. Moreover, cement demand will recover moderately along with the improvement in property sales. (Source: AA Stocks Financial News). |
Port confident on proposed Holcim plant, New Zealand18 October 2012, Published under Cement NewsPrimePort Timaru is staying confident the proposed Holcim cement plant will go ahead despite it being further delayed, according to reports by the Timaru Herald. A said a decision on the US$500m plant, to be built at Weston near Oamaru, is now not expected until late next year. Holcim New Zealand's latest newsletter to the community said the decision was due to the continuing uncertainty of the international financial situation. More than 480 jobs will be created in North Otago during c... |
LV Technology to raise funds for cement project in Myanmar18 October 2012, Published under Cement NewsLV Technology (LVT) will issue 396.69 million new shares to raise funds to invest in a cement business in Myanmar through a unit of the Max Myanmar Group of Companies, according to reports in the Bangkok Post. LVT is an engineering consulting firm that mainly provides equipment and expertise to the cement market. Hans-Jorgen Nielsen, LVT's founder and managing director, said setting up the new entity will give the company a 15 per cent stake in Max Manufacturing Co. "This investment is an... |
Semen Gresik opens new Tuban cement plant, Indonesia17 October 2012, Published under Cement NewsState-controlled cement maker Semen Gresik has opened its IDR3.18trn (US$332m) cement factory in Tuban, East Java, in the presence of Indonesia’s State Enterprises Minister Dahlan Iskan. Dwi Soetjipto, the president director of Gresik, said the plant, which is Gresik’s fourth in Tuban, has a capacity of 3Mta. “The Tuban IV plant officially started commercial production on July 1, 2012, even though its finishing mill and packer have been operational since January 2012,” he said. Wit... |
AfriSam to expand in Eastern Cape17 October 2012, Published under Cement NewsSouth African cement producer AfriSam announced that it had signed a lease agreement with the Coega Development Corporation (CDC) to establish a grinding and blending plant in Zone 5 of the Coega Industrial Development Zone. The plant will have a production capacity of 740,000tpa and will supplement AfriSam’s existing supply of cement to the Eastern Cape market. An Environmental Impact Assessment (EIA) is currently underway and construction of the plant will commence upon approval of ... |
New Mexican cement player to enter the market17 October 2012, Published under Cement NewsPrivately-held Mexican conglomerate Elementia, part-owned by billionaire Carlos Slim plans to list shares on the local exchange and is launching a cement company on the Mexican market, Reuters reports. Elementia plans an initial public offering in the medium term, and it is opening a cement company that aims to supply three per cent of the local market by next year, CEO Eduardo Musalem said on Tuesday. Elementia is backing the new cement maker that aims to begin operating a plant in Decemb... |
Anhui Conch Cement sees strong September sales and output growth, China17 October 2012, Published under Cement NewsThe start of peak seasonal demand in China has boosted Anhui Conch's September sales and output as average prices register weekly gains. A China Securities Journal report said on Wednesday, which cited a number of brokers, said that subsidiaries of the cement giant have been running at full capacity, and some of their output in September has hit new high. In addition, some subsidiaries have exceeded the target output and sales tasks for September and the third quarter of this year. Its Hu... |
Brazilian cement sales rise 3.2% in September17 October 2012, Published under Cement NewsPreliminary estimates show that Brazilian cement consumption reached 5.7Mt in September 2012, a 3.2 per cent increase on the same month of last year. Data from Sindicato Nacional da Indústria do Cimento shows third quarter sales increased 3.5 per cent YoY following first and second quarter YoY rises of 13.7 and 5.9 per cent, respectively. For the nine months to September 2012, consumption reached 51Mt, representing a rise of 7.4 per cent compared to the same period of 2011. |
Exports to Libya increase value of Egyptian exports16 October 2012, Published under Cement NewsA rise in exports to Libya have driven an increase in the value of Egyptian exports in September 2012 on annual basis for the first time in six months. According to the latest release from the Industry and Commerce on Monday said the increase in the value of construction materials from EGP2.8bn in September 2011 to EGP4.8bn in September 2012 drove the spike. The total value of all Egyptian exports reached EGP11.7bn (US$1.9bn) in September 2012 versus EGP10.17bn in the same month last ... |