Cement News tagged under: international
Tvornica Cementa forecasts FY12 double-digit declines10 September 2012, Published under Cement NewsTvornica Cementa Kakanj (TCK), the Bosnian unit of HeidelbergCement, expects to post a 10-14 per cent drop in cement sales this year as local market conditions and the impact of the Euro zone crisis continue to weigh on performance. Speaking to SeeNews, the company’s general manager, Branimir Muidza, said that cement sales are seen at around BAM64m. "On the backdrop of the existing economic environment, our domestic sales volumes are seen flat in 2012 and would depend on the pace of const... |
UK: latest construction new orders remain depressed10 September 2012, Published under Cement NewsThe latest quarterly Office of National Statistics (ONS) figures for UK construction new orders released today show that new orders for construction remained at a depressed level in the second quarter of 2012, despite having risen 1.5% in the first half of 2012 compared to the same period one year earlier. New orders remain 40% lower than the pre-recession peak. Commenting on the new orders data, Noble Francis, Economics Director at the UK’s Construction Products Association (CPA) said: “... |
CPA: cautious welcome for Government’s housing sector boost07 September 2012, Published under Cement NewsThe UK's Construction Products Association (CPA) has cautiously welcomed the Prime Minister and Deputy Prime Ministers’ announcement to boost the housing sector. Commenting on these measures, Noble Francis, Construction Products Association Economics Director said: “Any change in policy that helps the ailing housing sector to recover must be considered positive, especially given that private housing starts in 2Q were 17 per cent lower than one year ago. The announcement stated that gover... |
Competition mounts for East Africa market share07 September 2012, Published under Cement NewsPublic sector infrastructure projects and the rapidly growing middle class in the East Africa region will be the main drivers of cement consumption as competition is set to intensify with the arrival of new market entrants. S peaking to AllAfrica press, Kephar Tande, chairman of the East African Cement Producers Association, said Friday that the ongoing regional trade integration and an expected surge in housing demand will be the new battlefront for market share as new players enter the ma... |
Pakistan capacity utilisation drops to 10-year low06 September 2012, Published under Cement NewsCapacity utilisation of the Pakistan cement industry declined to 68.29 per cent in the first two months of the current fiscal (FY12-13), the lowest level in a decade figures from the All Pakistan Cement Manufacturers Association (APCMA) show. The drop is attributed to falls in domestic demand during July and August mainly due to Ramazana and heavy rains in the country, as well as a decline in exports. APCMA data shows that total cement dispatches were down 1.64 per cent and 2.82 per ce... |
GCC profits rise 27.1 per cent in 1H1206 September 2012, Published under Cement NewsProfits of the Gulf Cooperation Council (GCC) cement sector increased 27.1 per cent YoY in the first half of 2012 to US$971.5m from US$764m in the same period of 2011, the latest report from Global Investment House (GIH) shows. According to the report, the GCC cement sector grew 17 per cent in the first six months of the year mainly due to a huge pipeline of projects in Saudi Arabia helping to generate significant demand. Oman was in second place with growth of 13.8 per cent while Qatar a... |
US first half shipments rise 15 per cent06 September 2012, Published under Cement NewsTotal shipments of Portland and blended cement in the USA and Puerto Rico for the six months to June reached 37Mt, up by about 15 per cent, according to the latest data from the US Geological Survey. The leading producing states in June were Texas, Missouri, California, Michigan, and Florida, in descending order and accounted for 42 per cent of total output. The leading consuming states (Texas, California, Florida, Ohio, and Illinois, in descending order) received about 35 per cent of the J... |
Turkish investors apply to build Sinai cement plant, Egypt06 September 2012, Published under Cement NewsTurkish investors have applied to build a cement plant in the Sinai region of Egypt, after Egyptian authorities issued legislation on developing the peninsula, according to reports by Bloomberg citing local newspaper Al Masry Al Youm. The Turkish companies are reported to have filed a land request for the project, the daily reported citing General Ismail Al Nagdy who heads Egypt’s General Authority for Industrial Development. |
ANH Refractories revamps cement division06 September 2012, Published under Cement NewsANH Refractories is launching a revamped range of products for the cement manufacturing sector following a period of intensive testing and research. The American owned company says its subsidiary, ANH Refractories Europe now manufactures and distributes its comprehensive range of refractory products for cement kilns from its Bromborough UK plant to customers worldwide.? ANH Europe managing director Peter Rooney said the aim is to simplify customers’ product selection process and drive... |
Holcim’s Indian interests report August declines05 September 2012, Published under Cement NewsHolcim’s Indian group companies, ACC and Ambuja Cements, have reported marginal declines in cement production and dispatches for August 2012. ACC, India’s second largest cement producer, posted a decline of 6.9 per cent in cement production as well as cement dispatches to 1.75Mt last month, compared to 1.88Mt in August 2011. Total cement production between January-August 2012 saw growth of 2.4 per cent to 16.47Mt, against 16.09Mt in the same period of last year. Dispatches for the eigh... |