Cement News tagged under: international
Sri Lanka post-war reconstruction spurs cement demand04 July 2012, Published under Cement NewsTokyo Cement, a Sri Lankan-Japanese joint venture says that cement demand in the country is being spurred by large-scale government infrastructure projects related to post-war and flood reconstruction, according to local press reports. In its 2011/2012 annual report, Tokyo Cement also highlighted that the surge in private credit has contributed towards higher demand for cement, Daily News Sri Lanka notes. The private sector has been mainly engaged in building housing and housing schemes as... |
Holcim Indian cement interests see modest YoY gains03 July 2012, Published under Cement NewsHolcim’s Indian cement companies, ACC and Ambuja Cements have reported modest rises in June shipments and production in June. ACC said shipments in June reached 1.96Mt, up 2.6 per cent from the 1.91Mt a year ago but lower than the 2.05Mt recorded in May. Cement production during June rose 4.23 per cent to 1.97Mt from 1.89Mt a year ago but fell from 2.02Mt in May. During Jan-June, ACC dispatched 12.79Mt of cement compared to 12.18Mt in the corresponding period a year ago. Production dur... |
2Q demand waivers for product manufacturers, UK03 July 2012, Published under Cement NewsThe UK's Construction Products Association’s (CPA) latest State of Trade Survey indicates that, following a relatively good first quarter of the year, product manufacturers suffered from a slowdown in sales in 2Q and are extremely concerned about demand going forward. Commenting on the figures, Construction Products Association senior economist, Kelly Forrest said: “With public sector cutting spending and private sector construction adversely affected by events in the euro zone, it is unf... |
UAE sees brighter long-term prospects03 July 2012, Published under Cement NewsThe long-term prospects for the UAE cement industry are bright due to growth in investment in infrastructure in the UAE, GCC and key foreign markets, the latest study by Dubai Chamber of Commerce and Industry finds. The UAE has the potential to become the major provider of cement to the Middle East and North Africa (MENA) region and beyond when taking into account the lucrative opportunities that exist. The study, which is based on the Business Monitor International (BMI) UAE Infrastructur... |
Lucky Cement supplies electricity to HESCO, Pakistan03 July 2012, Published under Cement NewsPakistan-based producer Lucky Cement has started supplying excess electricity generated from its power generation plants to a domestic electricity distribution company. Lucky Cement is selling 20MW/h of electricity to Hyderabad Electricity Supply Company Ltd (HESCO), a company official has said. The company is also likely to start selling the same amount to Peshawar Electricity Supply Company (Pesco) by mid-July, a spokesperson told local press at News Tribe, noting that talks are underwa... |
Suez Cement delays new lines, Egypt02 July 2012, Published under Cement NewsEgypt-based Suez Cement has delayed a EGP1.5bn (US$248m) capacity expansion, Al Alam Al Youm reported, citing Managing Director Bruno Carrea. The company has postponed additional production lines at its factory in Ein El Sokhna for a year or two because of political unrest, the newspaper cited Carrea as saying. (Source: Bloomberg) |
Sri Lanka's CCA siezes outdated cement02 July 2012, Published under Cement NewsThe Consumer Affairs Authority (CAA) of Sri Lanka has seized a stock of cement that expired early this month, according to local press reports. The CAA reportedly raided the storage facility of the government-owned Sri Lanka Cement Corporation in Panchikawatte. The expired cement had been sold from the warehouse after the expiry date of June 12th. The expired cement was allegedly being loaded onto a truck to be sold in the market when the CAA officials arrived at the storage facility. The... |
CEMBUREAU welcomes new CEO02 July 2012, Published under Cement NewsKoen Coppenholle has become the the new Chief Executive of CEMBUREAU, taking over from Jean-Marie Chandelle who retired at the end of June. “I will ensure that the voice of our industry sector is heard in the major ongoing policy debates, ranging from the future design of European climate change and energy legislation to the reflection on a resource efficient society. In order to remain successful in Europe, the cement industry needs a competitive environment with an appropriate legal fr... |
Birla Corp mulls Ethiopian cement plant29 June 2012, Published under Cement NewsIndia-based Birla Corporation is considering setting up a cement plant in Ethiopia, according to a senior official. The company has formed a wholly-owned subsidiary, Birla Corp Cement Manufacturing Plc, in the country and secured a limestone mining licence. It has also applied for a coal mining permit, chairman Harsh V Lodha, told reporters at the sidelines of the company’s AGM. “We have formed a subsidiary to apply for the necessary licences. Once we get a coal mining permit, we will ... |
Gresik sees regional expansion costing US$400m-500m29 June 2012, Published under Cement NewsIndonesia's largest cement producer, PT Semen Gresik, says its planned expansion into Vietnam and Myanmar can be realised by year-end. Semen Gresik president director Dwi Soetjipto said that expansion into the fellow ASEAN member nations would need US$400m to US$500m. “We will need about US$150m to set up a factory for Myanmar," Dwi said after the company¹s annual and extraordinary meeting of shareholders on Tuesday. According to him, Gresik has been assessing potential local partners ... |