Cement News tagged under: international
Saudi Cement increases output07 August 2012, Published under Cement NewsSaudi Cement Company announced that it has restarted Kiln No 6 on Monday which has a capacity of 35000tpd and an actual capacity that could reach a maximum of 4000tpd of clinker. Production from this kiln will be used to increase the company’s clinker inventory to meet demand, the company said in a statement on its website. |
Bangladesh industry consolidation gathers pace07 August 2012, Published under Cement NewsCement sector consolidation in the Bangladesh industry is set to gather pace as more than 70 smaller cement factories have folded operations in the past 12 years having lost ground to larger players. According to a report in the Financial Express (Bangladesh) more are on the verge of shutdown as tight bank loans for smaller factories and massive investments by local and global players have accelerated the closure of units with capacity below 6000t. "It's like a story of big fish gobbli... |
Dominican Republic exports increase07 August 2012, Published under Cement NewsThe Dominican Association of Portland Cement Manufacturers (Adocem) said today that so far this year, cement exports to other markets increased by 34.2 per cent over the same period last year. Adocem data shows that from January to June, industry sales abroad were 703,000t while last year they rose to 524,000t. According to the report, the Dominican cement industry annually exports about 35 per cent of its production, which accounts for about US$120m of foreign currency entering the co... |
Cement Industry Group of Algeria to build two new plants07 August 2012, Published under Cement NewsThe Cement Industry Group of Algeria (Gica), which recently announced it plans to 450,000t of cement, will begin the construction of two cement plants with a total capacity of 3Mta. These plants will be located in Béchar and Relizane. Gica will launch the work of determining the volume of deposits once the mining exploration rights have been obtained from the Agency for National Mining Heritage (ANPM). This was reported yesterday by APS quoting the group's director, Yahya M Bashir. I... |
Construction contraction causes continuing consternation06 August 2012, Published under Cement NewsThe latest UK Construction Trade Survey published today, shows that during the second quarter of 2012 construction suffered another sharp fall across all parts of the industry including current workloads, new orders and tender prices, adding to the continuing woes and growing uncertainty for the UK economy as a whole. As public sector investment continued to decline, in line with the government’s budget deficit reduction objective, there was no sign of any private sector recovery to off set... |
PCA: Congressional uncertainty could curtail future growth03 August 2012, Published under Cement NewsWith the first half of 2012 experiencing favorable weather conditions, gains in residential and nonresidential construction activity and robust gains in cement intensities, the new forecast from the Portland Cement Association (PCA) nearly doubles the expected increase in cement consumption for the year. PCA revised its spring forecast upward, anticipating a 6.9 per cent increase in 2012 from 2011 levels, followed by a 5.8 per cent jump in 2013 and a double-digit increase of 10.9 per cent... |
Barcelona cement and clinker exports rise03 August 2012, Published under Cement NewsCement and clinker exports from the Port of Barcelona have increased by 435 per cent during the first half of this year from a low base. A total of 684,255t of volumes were exported in the six months to June compared to 127,891t in 2011. The main export destinations Algeria, Nigeria, Ivory Coast, Togo, Uruguay, Brazil, Guinea, UK and Puerto Rico. Domestic cement producers are placing a special emphasis on trying to achieve higher exports as domestic cement consumption continues to ... |
GICA seeks cement imports, Algeria03 August 2012, Published under Cement NewsAlgeria’s Cement Group, known as GICA, wants to buy 450,000t of cement to reduce demand it faces in the domestic market, the El Moudjahid newspaper said. The deadline for bids is 2 September the state-run newspaper said today, citing the company. The domestic cement shortage amounted to more than 2.5Mt, according to GICA’s estimates. It produces more than 18Mt of cement and aims to raise this amount to 20Mt by 2016 and by 29Mt by 2018. |
Indocement profit rises, gears up for expansion02 August 2012, Published under Cement NewsIndocement Tunggal Prakarsa, part of the HeidelbergCement group, reported a 24 per cent rise in profit for the first half of 2012 driven by higher sales as the company gears up to take advantage of growing domestic requirements. For the six months to June 2012, net income rose to IDR2.1trn (US$223m) from IDR1.7trn in the same period of last year while revenues were up 30 per cent to IDR8.2trn According to finance director Tju Lie Sukanto, in the first half of the year Indocement spent ... |
China cement demand to recover by end-Aug - UBS02 August 2012, Published under Cement NewsChinese cement makers are higher on hopes that Premier Wen Jiabao's remarks on ensuring growth may boost demand for the sector given its wide use in infrastructure and construction projects. UBS Securities says it expects cement demand to recover by the end of August, partly helped by stimulus plans announced by local governments recently, including cities of Changsha and Nanjing. (Source: Dow Jones). |