Cement News tagged under: international
Athi River Mining: East Africa expansion02 April 2012, Published under Cement NewsKenya-based cement producer Athi River Mining (ARM) earlier this week reported a significant rise in 2011 cement sales on the back of new domestic cement capacity. The company is now nearing completion of the first of three projects in the Tanzanian market and has secured additional funds for expansion as it seeks to harness increasing demand in the promising East Africa region. I n 2011, group turnover rose 37% YoY to KES8.2bn (US$99m) as cement sales increased 72%. This was helped by “t... |
Cemex US volumes boosted by mild weather30 March 2012, Published under Cement NewsCemex said it may have recorded strong growth in US cement volumes in the first two months of the year helped by good weather. "The first two months of the year have been great; demand nationwide has been up in excess of 20 per cent YoY," Maher Al-Haffar, vice president of corporate communications and investor relations, told Reuters in an interview. "A very important driver is the fact that we had fantastic weather in the first quarter and last year in the first quarter we had particu... |
China to tighten restrictions on capacity expansion30 March 2012, Published under Cement NewsChina is to tighten restrictions on increases in new capacity in 2012 to manage surplus capacity, according to Liu Ming, an official of the National Development Reform Commission. Speaking on a cement industrial meeting, Liu said the main task at present is still to rein in the fast increase of cement production capacity since China would face overcapacity at national level during the period of 2011-2015. Liu said the government will encourage mergers and acquisitions in the sector and... |
Vietnam quarterly production seen declining30 March 2012, Published under Cement NewsVietnam cement manufacturers are estimated to have produced 12.1Mt of cement in the first quarter of this year, down 10.7% from a year earlier. In March alone, the Southeast Asian nation is likely to have produced 5.3Mt of cement, down 1.4% YoY, the government’s General Statistics Office (GSo) said on a monthly report released late Thursday. The GSO has also revised down the country’s cement production in Jan-Feb period to 6.8Mt from earlier estimated figure of 7Mt. Vietnam’s cemen... |
Devnya Cement begins expansion project, Bulgaria30 March 2012, Published under Cement NewsBulgarian cement producer Devnya Cement, a unit of Italy’s Italcementi, has officially launched a EUR160m upgrade project. The company has signed up CBMI of China, a subsidiary of Sinoma International Engineering, as a general subcontractor for a new production line set to begin operation in early 2015, Italcementi in a statement. The annual capacity of the new production line will be nearly 1.5Mta of cement. Devnya is based near the Black Sea port city of Varna and has an annual capaci... |
Indonesia Hosts Asia Pacific Infrastructure Forum29 March 2012, Published under Cement NewsIndonesia will host the largest infrastructure forum in the Asia Pacific region -- the Indonesia International Infrastructure Conference and Exhibition 2012 (IIICE 2012). This forum will be conducted simultaneously with the Asia Pacific Ministerial Conference on Sustainable and Inclusive Infrastructure Development 2012 (APMC-SIID) to be held from May 2-5, 2012 in Jakarta. This event will bring together governments, investors, bankers and the players in the infrastructure industry. Hatt... |
Pakistan eight-month export sales rise in value terms29 March 2012, Published under Cement NewsDuring the first eight months of the current fiscal (July 2011-June 2012), Pakistan cement exports have progressed in terms of value while the markets of Afghanistan, India and Saudi Arabia look promising. The eight month period (July 2011-February 2012) saw Pakistan export 5.855Mt of cement with a value of US$303.127m compared to 5.905Mt at US$290.852m in the corresponding period of last year. This shows that cement export fell slightly by 0.85 per cent in terms of quantity but were up... |
Romanian market advances29 March 2012, Published under Cement NewsLafarge Romania expects the domestic market to grow by 2-5 per cent this year mainly on the back of infrastructure works. The company sees revenues this year achieving 2011 levels or higher, financial daily Ziarul Financiar said, quoting Lafarge Romania head Sonia Artinian. “Last year the volume of deliveries increased but we cut prices, impacting revenues which decreased,” Artinian said. In 2011 Lafarge's like-for-like cement sales in Romania rose by 3.7%, driven by non-residential and i... |
Trbovlje council expresses support for Lafarge, Slovenia29 March 2012, Published under Cement NewsThe Trbovlje city council has expressed its support for Lafarge’s Slovenia unit as the cement producer is reorganising and reducing staff after it was stripped of its environmental permit for waste burning in November 2011. Lafarge Cement spokesman, Andrej Sopotnik, told the Slovenska Tiskovna Agencija that the company has so far reduced the number of workers through from 180 to 120. The reorganisation plan envisages laying off some 60 additional workers but this number is still to be confi... |
Changes to Philippine prices29 March 2012, Published under Cement NewsLocal cement producers, including global majors Cemex and Lafarge, have raised prices in the Philippines by PHP5/40kg bag due to rising fuel prices and the beginning of the peak construction season. Trade and Industry undersecretary for consumer welfare Zenaida C Maglaya said that based on last Friday's Price Monitoring report, prices of two brands of cement ' Republic (Lafarge) and Rizal (Cemex) increased by PHP5 from PHP200 to PHP205/bag now. However, the price of Holcim Philippines Inc... |