Cement News tagged under: international
Qatar consumption seen rising at a CAGR 15% to 201517 May 2012, Published under Cement NewsCement consumption in Qatar will grow at a compound annual growth rate (CAGR) of 12% up to 2015, according to a report by Commercialbank Capital. Qatar’s current production capacity stands at 6.2Mta, Commercialbank Capital said in its first report on Qatar’s construction sector. The existing demand can be met by the current production. However, Commercialbank Capital expects consumption will be “at the peak” in 2013 and 2014 as majority of the projects that are planned or under constru... |
‘Stranded’ Indians in Angola being brought back – report16 May 2012, Published under Cement NewsIndian workers allegedly held captive in a cement factory near Sumbe town of Angola in Africa are safe and those willing to return home are being brought back, Khaleej Times reports. Shaktisinh Gohil, Congress MLA and leader of the opposition in Gujarat, told the newspaper that the Ministry of External Affairs had on Tuesday contacted the Angolan ambassador and the country’s government following which, he claimed, the seven-day crisis had ended. Gohil said he and Ahmed Patel, Rajya Sabha ... |
Peru 4M12 shipments rise 13.62 per cent YoY16 May 2012, Published under Cement NewsShipments of cement in the Peruvian market totaled 2.89Mt between January and April 2012, a 13.62 per cent increase YoY, reported the Association Cement Producers (Asocem). A positive outlook is forecast for the remainder of the year. During the first four months of 2012, cement production totall 2.96Mt, representing a rise of 13.01 per cent over the same period of 2011.? ?In the first four months of the year, cement exports reached 48,624t, up 125.79 per cent YoY. Total cement shipmen... |
Saudi Cement delays kiln starts until 3Q1216 May 2012, Published under Cement NewsFurther to Saudi Cement Company announcement in February 2012 regarding re-operating of Kiln No. 6 with 4000tpd of clinker capacity, and also the re-operating of three old kilns with total capacity of 1325tpd during the month of May 2012, the company has announced that due to technical reasons re-operating of all four kilns will take place during the third quarter of 2012. (Source: Mist News) |
KKS Cement Factory to resume operations, Sri Lanka15 May 2012, Published under Cement NewsTHe Kankesanthurei Cement Factory (KKS), Sri Lanka’s oldest cement plant, will resume operations before year-end under a programme to revive state ventures, according to Dr Willy Gamage State Resources and Enterprise Development Ministry Secretary In a interview with the Sri Lanka Sunday Observer, Mr Gamage and SJ Paranagama, Chairman of the Sri Lanka Cement Corporation (SLCC) discussed the project’s progress. Presently, there are two projects in the pipeline: one is the establishment of a... |
Infrastructure investments to secure steady annual growth of FDI to Africa15 May 2012, Published under Cement NewsScaling up regional infrastructure projects will facilitate intra- and inter-regional trade, create integrated energy markets through regional power pools, support water resources management, and spur economic growth, says private equity leader. A growing emphasis on opening infrastructure investment to the private sector will both catalyse African economic growth and attract substantial foreign direct investment, the founder of Africa’s largest private equity firm said yesterday at the ... |
Abu Dhabi cement prices up 8.7%, UAE15 May 2012, Published under Cement NewsAbu Dhabi issued its monthly report on the prices of building materials for the month of April 2012 issued by SCAD. As the report reveals, the average prices of several building materials groups have undergone changes during April 2012, compared with March 2012. Prominent among these was the rise of 8.7 per cent in the average price of cement, reflecting increases in the prices of most of the items under this group in the range of 6.1 per cent for white cement and 19.2 per cent for Portland... |
Northern Pakistan market suffers slowdown15 May 2012, Published under Cement NewsConstruction activity in northern Pakistan has witnessed a sharp downturn resulting in a huge fall in both cement sales and prices, the Business Recorder reports. The slowdown comes on the back of harvest season and other developments including load-shedding, rains and shortage of labour, the daily reports. Industry sources say daily dispatches have reduced to a mere 60,000t from about 80,000t. The sharp fall in demand and the resultant over-supply have seen price declines of PKR20-25/bag... |
UK construction recession deeper than estimated14 May 2012, Published under Cement NewsLatest data from the UK’s Office of National Statistics (ONS) show that construction output fell by 5% in the first quarter of 2012, considerably worse than the estimate of -3% that ONS previously indicated for GDP in the 1Q. Commenting on these latest figures, Noble Francis, Economics Director at the Construction Products Association said: “The construction industry is now firmly back in recession and, although there are some areas of growth, such as private housing, the overall picture s... |
India April output slows14 May 2012, Published under Cement NewsIndia's cement production in April rose 9.5% on year to 15.99Mt, the Cement Manufacturers' Association said today. Output during April, however, was 11.1% lower than 17.99Mt produced a month ago. Cement despatches in April rose 7.6% YoY to 15.48Mt, the association said. India's cement production in 2011-12 (Apr-Mar) had increased 6.3% to 179.79Mt and despatches rose 6.5% to 178.9Mt. Cement sales seems to have slowed down in April due to labour shortage and lack of demand fr... |