Cement News tagged under: international
China’s cement makers fall on demand worries11 April 2012, Published under Cement NewsChinese cement companies fell sharply on worries about sluggish demand as China’s investment growth is slowing, Dow Jones reports. Thanks to production limits imposed by the government, cement prices are stabilising, says Huatai United Securities in a note. The house says: “Further rises in cement prices will be capped because it’s almost certain that China’s investment in infrastructure and property sector will slow this year. |
Qatar quarry relocation not to affect cement sector11 April 2012, Published under Cement NewsQatar’s reported moves to relocate as many as 14 quarries will not affect the country's cement production base, according to a report by Global Investment House (GIH). "At the end of February 2012, the Qatari government announced closure of 14 quarries due to environmental reasons,” Global said in a ‘GCC Cement Quarterly’ report. “Global Research had discussion over this topic with one of the listed companies, which was of the view that it would not affect the local cement manufactu... |
Pakistan prices see further rises10 April 2012, Published under Cement NewsCement producers in the Sindh and Balochistan regions have increased cement prices by PKR10/bag – the second increase in just over two weeks, according to reports by local press. Cement prices were hiked by PKR10-15/50kg bag on 26 March citing a rising demand in the summer as a reason. This followed a January 2012 rise, where prices increased by PKR2.5/bag. Analysts said repeated hikes in cement prices would affect construction activities as the construction cost of many projects would... |
Pokot Factory scheduled for completion at end-2013, Kenya10 April 2012, Published under Cement NewsA new 1.2Mta cement factory being constructed in the Pokot region of Kenya, will be completed within the next 15 months, Rajesh Kumar Rawal, director of the Cemtech Sanghi Group who is building the factory. Mr Rawal said the planning stages have been completed and the new plant is scheduled to be opened by the end of 2013. He said design of the plant, machinery and equipment was almost complete in India and China and will be shipped to Kenya in the coming months, AllAfrica news reports. ... |
Lafarge appoints President and CEOs for Canadian operations09 April 2012, Published under Cement NewsRené Thibault and Bob Cartmel have been appointed by the Lafarge Group as its senior leaders for all markets and product lines in Canada. Mr. Thibault will oversee the four western provinces and three territories as well as the Pacific Northwest and Dakotas in the US. M. Cartmel will oversee the six eastern provinces. Mr Thibault has over 20 years of experience with Lafarge spanning Canada and including an assignment at Group headquarters in Paris, France. He has an Engineering degree from... |
Lafarge Cement Zimbawe to improve plant efficiency09 April 2012, Published under Cement NewsLafarge Cement Zimbabwe plans to spend US$4.5m on capital expenditure during 2012 in a move aimed at improving the plant’s efficiencies, according to local press. In a trading update for the first three months ending March, managing director Jonathan Shoniwa said: “This is expected to result in better plant rehabilitation and improved efficiencies.” He said cement demand in the first three months was up 31% and the market remained predominantly retail as the construction sector’s contribu... |
SIDF approves new cement plant loan, Saudi Arabia09 April 2012, Published under Cement NewsThe Saudi Industrial Development Fund’s board of directors (SIDF) has approved a loan for a new cement factory to help meet demand in the the Hail region. Speaking to Arab News, Ali bin Abdullah Al-Ayed, director general of the fund, said the fund would continue to support the cement sector to meet the growing demand for the product in different regions. “We have approved a loan of SAR300m to establish a new cement factory in Hail.” The new factory would produce 1.7Mta, which can meet the... |
Bihar cement prices rise as supplies fall, India09 April 2012, Published under Cement NewsCement prices in the Indian state of Bihar have risen by almost 50 per cent due to increased construction activity and the temporary shutdown of a nearby Prism Cement unit, the Economic Times of India reports. Bihar, situated in eastern India, has no major cement production facilities and relies on cement from plants located in Satna, MP, where prices have been rising due to heightened building activity. Compounding the issue is the shutdown of Prism Cement’s Satna unit which satisfies a ... |
Shaasta Cement plans Karnataka clinker line, India06 April 2012, Published under Cement NewsShaasta Cement Corporation, India, is planning the construction of a 2.25Mta clinker production line in Gulbarga district, in the state of Karnataka. The project is planned for completion in 2014. |
Canada, Ontario infrastructure plan boosts cement outlook06 April 2012, Published under Cement NewsConfirmation that the Ontario, Canada government will maintain its commitment to a $35bn 3-year infrastructure spend has been welcomed by the Cement Association of Canada. "We recognize that Ontario faces significant economic challenges and we applaud the government for acknowledging the critical importance of maintaining a high level of infrastructure investment during this difficult economic time," said Michael McSweeney, President and CEO of the Cement Association of Canada. Infrast... |