Cement News tagged under: international
Madras Cements sees 20 per cent growth in FY12-1301 May 2012, Published under Cement NewsMadras Cements expects a 20 per cent growth in its top line in the current financial year (2012-13) buoyed by expected cement deman growth in the south and the company’s renewed focus this year on a few states in the east and west. Capacity utilisation is also expected to go up by over 10 per cent during the year. The cement industry has always gone through this demand – supply mismatch, since firms plough back some of their reasonable profits during high cycles to expand capacities. The sa... |
Eurocement places order with KHD for new plant, Russia01 May 2012, Published under Cement NewsLeading Russian cement producer Eurocement has placed an order for more than €80m with KHD for a new cement plant to be built in Stavropol, Russia. The contract between Stavropolsky Zavod Stroitelnih Materialov, a member of the Eurocement group, and ZAB Zementanlagenbau GmbH Dessau, a subsidiary of KHD Humboldt Wedag International AG, is for a new cement plant with an output of 1.3Mta. KHD’s scope will cover the EP supply of production equipment, starting from raw material crushing all th... |
MPA figures highlight need for UK construction investment30 April 2012, Published under Cement NewsThe UK's Mineral Product Association (MPA) results for the first quarter of 2012 indicate a substantial reduction in sales of aggregates, ready mixed concrete and asphalt, confirming the latest GDP figures which show that declining construction activity has dragged the UK back into recession. Compared with the same period of 2011, sales volumes of crushed rock and sand and gravel aggregates declined by 13% and 12% respectively in the first three months of 2012 and sales volumes of ready-mi... |
Lafarge to set up two cement plants in Algeria – report30 April 2012, Published under Cement NewsLafarge will build two cement plants in Algeria in partnership with local private group Sagremac. Thanks to the two projects, the French company will be able to boost its positions on the Algerian market. The first cement plant will be built in Biskra, in the south-eastern part of Algeria, for US$400m, while the second unit will be located near Constantine, in eastern Algeria. The investment in the second facility is also US$400m. Abstracted from an original article in La Tribune. |
Gresik sees 20% 1Q12 rise, aims to increase market share30 April 2012, Published under Cement NewsIn the first quarter of 2012, Semen Gresik earned IDR4.28trn (US$466m) in revenue, a 20 per cent increase from IDR3.55trn during the same period last year and hopes two new plants that are set to become operational this year will help the company regain higher market share. Commenting on the rise in revenue, the Jakarta Post reports Agung Wiharto, Semen Gresik investor relations chief as saying: "The increase in revenue was supported by growing production volume and higher cement prices." ... |
INC to import 80,000t of clinker, Paraguay30 April 2012, Published under Cement NewsIndustria Nacional del Cemento (INC) will rise this week to the Public Procurement website’s invitation to bid, with an auction to buy 80,000t of clinker imports. This is the second call for tenders for purchase of imported clinker, since the former was declared void because the offers that had exceeded the budget of the state company. INC President, Edgar Acosta explained that while the company has 30,000t of domestic production in stock the problem is the limited transport capacity, as... |
Bokaro Jaypee Cement Plant inaugurated, India30 April 2012, Published under Cement NewsChief Minster Arjun Munda on Friday inaugurated the Bokaro Jaypee Cement Plant (BOJCP) which has a capacity of 2.1Mta at Balidih Industrial Area of Bokaro Steel City. The project is a joint venture unit of Steel Authority of India Limited (SAIL), Bokaro Steel Plant (BSL) and Jaypee Group. Deputy Chief Minister Sudesh Mahato and Hemant Soren along with SAIL Chairman CS Verma, SS Mohanti Director Technical SAIL, Sunny Gaur the vice-chairman of Jaypee Group including others were also in atte... |
FLSmidth wins orders for Cimpor projects in Brazil30 April 2012, Published under Cement NewsFLSmidth has received contracts to provide two major cement projects for Cimpor in Brazil. The expansion plans include a brand new production unit in northwestern Brazil (the Caxitu project) and a new production line at Cimpor’s existing Cezarina plant in central-western Brazil. When commissioned in 2013, the two projects will form an essential part of Cimpor Cimentos do Brasil’s current 2.3Mta expansion programme. They will help to support Brazil’s growing economy and development of infra... |
Turkish Competition board rules on cement cartel27 April 2012, Published under Cement NewsThe Turkish Competition Board recently rendered its decision regarding 10 undertakings operating in the cement sector in the Eastern Anatolia, Southeastern Anatolia, Eastern Black Sea and Adana regions of Turkey. It was alleged that the undertakings had increased cement prices through an agreement. During its investigation, which began in December 2011, the board conducted on-site inspections (dawn raids) at the undertakings' premises. The board found one particular document of handw... |
Spanish consumption drops 31.3% YoY27 April 2012, Published under Cement NewsSpanish cement consumption slumped 31.3% YoY in the first-quarter of 2012, showing that the sector has entered a second recession that may be worse than the last with rates of unprecedented domestic decline, Spanish cement association Oficemen notes. First quarter consumption was 3.66Mt compared to 5.322Mt in the same period last year. Production meanwhile, was 4.29Mt in 1Q12 down 24.5% from the 5.683Mt registered the year before. For March alone, consumption was 1.308Mt (compared to 2.06... |