Cement News tagged under: international
BAML sees 4Q2012 crude prices strengthen01 October 2012, Published under Cement NewsA tightening market for oil sees upward pressure on prices while gas is expected to remain range-bound. The thermal coal glut is expected to need some time to improve, leaving prices at a low. Oil Although indications are for a weak recovery in the global economy, the emerging markets lead the way in improving momentum, creating demand for real assets such as oil. Meanwhile, spare productive capacity in the oil market remains low, making for a tight supply side. Outages in the Nort... |
FLSmidth MAAG Gear expands production facilities01 October 2012, Published under Cement NewsFLSmidth MAAG Gear has widened the production capabilities at their gear production facilities in Poland. A major investment in the machinery enables FLSmidth MAAG Gear to manufacture bevel gear sets that will be sold through the global network of the FLSmidth Group. This newly installed state of the art bevel gear cutting as well as measuring machines will support the organization's strategy of getting closer to customers by providing one-stop-shop solutions to their needs.. The compa... |
Pakistan cement export volumes fall 20.8% YoY01 October 2012, Published under Cement NewsDuring the first two months during FY12-13, Pakistan exported 1.154Mt of cement and earned US$91.356m compared to 1.457Mt at US$75.891m in corresponding period last year. This shows that cement export fell by 20.79 per cent in terms of quantity but rose by 20.38 per cent in terms of value in dollar over corresponding period last year respectively, according to data released by Pakistan's Federal Bureau of Statistics. However, in terms of Pakistani currency, exports rose 31.69 per cent du... |
BAI of India seeks government intervention for land acquisition process01 October 2012, Published under Cement NewsThe Builders Association of India (BAI) plans to seek government intervention to address pertinent issues such as land acquisition, environmental clearances and reforming the existing labour laws, according to the Times of India. The two-day meet which concluded on Saturday particularly stressed on the need to expedite the process of land acquisition and getting clearances to prevent delaying projects. The meet included the participation of nearly 700 builders from 265 branches of the assoc... |
Cemex sees Malaysian market growth ahead30 September 2012, Published under Cement NewsCemex Concrete (M) Sdn Bhd (Cemex Malaysia) is doubling its capital expenditure this year as the continuation of infrastructure building activities would be sufficient to sustain the demand for building materials, according to country director Fikry El-Kaissouni. "There has been steady growth in the Malaysian construction market. This is something that gives comfort to large companies like Cemex [Malaysia] to enter the market," El-Kaissouni told The Edge Financial Daily. "Malaysia is a ... |
Iran cement prices increased by 22%28 September 2012, Published under Cement NewsIran’s ministry of Industry, Mine and Trade announced on 23 September that it is to increase the price of cement by 22 per cent. This is the third price hike in seven years and the decision to increase prices this time is mainly due to increased raw material costs which have led to declining profit margins. Moslem Dorrieh, the secretary of the Cement Industry Contractors Union, informed all Iranian cement factories that the ex-works price of bulk cement is as follows: • Type I-323: from I... |
Colombian market update28 September 2012, Published under Cement NewsIn August 2012, grey cement production in Colombia reached 939,600t, representing a growth of 0.2 per cent over the same period of 2011, according to data released by Departamento Administrativo Nacional de Estadistica (Dane). During the month, 906,500t of grey cement was shipped to the domestic market, which represented a decrease of 1.1 per cent. So far this year to August 2012, grey cement production reached 7,247,900t, representing an increase of three per cent over the same period ... |
Chinese prices climbs for third time in September28 September 2012, Published under Cement NewsCement price in the south China has just climbed for the third time in September, according to local press reports. Traditionally, the fourth quarter is the peak season for south China cement industry with quarterly demand accounting for more than one third of full-year demand. It has been reported that the clinker inventories of leading cement firms in south China like Anhui Conch, and TCC Int’l Holding have already dropped below 55 per cent. |
Exports drive Akmenes’ growth, Lithuania28 September 2012, Published under Cement NewsLithuania’s sole cement producer Akmenes Cementas is operating at almost full capacity as it benefits from its strategy to increase exports, business daily Verslo Zinios reported "Today we rely on exports for growth," it quoted Akmenes Cementas CEO Arturas Zaremba as saying. The company this year is targeting at least a 10 per cent increase in annual sales and a rise of around 15 per cent in revenues thanks to growing exports. Akmenes Cementas expects that its LTLT350m (EUR 101.4m) mode... |
Paraguay’s cement sales pick up in July-August27 September 2012, Published under Cement NewsCement sales in Paraguay increased in July and August, even before the reactivation of public works. In fact, the two months were the first in the year in which Industria Nacional de Cemento had no financial deficit due to the increased commercial activity. A combination of increased output and the recovery of several major customers helped to boost the state-owned firm’s takings. Nevertheless, it is expected that the cumulative loss of the cement producer will stand at around PYG24bn (US... |