Cement News tagged under: international
Vassilikos workers to return to work on mediation proposal, Cyprus20 March 2012, Published under Cement NewsEmployees at Vassilikos Cement Company will return to work today, following a meeting held yesterday at the labour ministry, according to Cyprus Mail reports. During the meeting, Labour Minister, Sotiroulla Charalambous put forward a mediation proposal concerning the renewal of their collective agreement. Vassilikos cement employees went on an indefinite strike on 1 March 2012 over their collective agreement, on grounds that it was not being observed. This resulted in construction work at ... |
Vicem sales domestic sales fall, exports rise Vietman20 March 2012, Published under Cement NewsVietnam Cement Industry Corporation (Vicem) sold 2.11Mt of cement and clinker in the first two months of this year, falling 12.2 per cent from a year earlier, the corporation said on its website. Vietnam News Brief Service reports that of the total, 1.88Mt of cement and clinker were sold in the domestic market, down 19.8% per cent YoY while the remaining was exported, up 326 per cent. The corporation produced 3.8Mt of cement and clinker in Jan-Feb period, comprising 2.21Mt of clinker, down... |
China cement output rises 4.8%20 March 2012, Published under Cement NewsCement production from China rose by 4.8 per cent in the first two months of 2012 to reach 216Mt. However, growth slowed by 4.3 percentage points from the same period last year, the National Development and Reform Commission (NDRC) reported. In February, the average cement price was CNY376.5/t down, down CNY31 from December 2011 but up CNY5.5/t YoY. |
Indian government notes signs of cement sector recovery19 March 2012, Published under Cement NewsThe Indian government has noted a recovery in the cement sector and announced adjustments to the excise duty in its Union Budget 2012-13. While presenting the Union Budget 2012-13 (April-March) in parliament, Pranab Mukherjee, Minister of Finance said: "Data of last quarter of 2011-12, suggests that the economy is now turning around. There are signs of recovery in coal, fertilisers, cement and electricity sectors. These are core sectors that have an impact on the entire economy. Indian ma... |
Semapa announces Brazil investments19 March 2012, Published under Cement NewsSemapa, a Portuguese holding company that controls cement maker Secil, will invest about EUR300m (US$394m) in Brazil’s cement industry, Diario Economico reported, citing the prospectus of Semapa’s bond sale. Semapa will invest about EUR240m in a new plant in Brazil after it agreed to buy a 50 per cent stake in Supremo Cimento SA, the Portuguese newspaper said, citing the document for the planned sale of as much as EUR150m of Semapa bonds. (Source: Bloomberg) |
Saudi Arabia sets prices19 March 2012, Published under Cement NewsSaudi Arabia has set the factory price of cement at SAR12/bag (US$3.20) and the retail price at SAR14/bag, the Saudi Press Agency reported, citing Minister of Commerce and Industry Tawfiq al-Rabea. The price of bulk cement has been fixed at SAR240/t, it said. Cement supply will grow 15 per cent annually after the ministries of petroleum and commerce agreed to provide the fuel to operate expansions at existing plants, the Riyadh-based news service said. Output from 13 cement companies i... |
Bangladesh cement exports rise19 March 2012, Published under Cement NewsBangladesh manufacturers and exporters of cement, salt and stone have reported YoY growth of 46.33 per cent in the first eight months of FY2011-12 (July-February). Of these three items, cement accounted for the largest amount as over 200,000t is exported annually while volumes of salt and stone volumes amount to only a few thousand. According to the Export Promotion Bureau (EPB), Bangladesh's manufacturers exported US$9.76m worth of cement, salt and stone in July-February 2011-12 compared ... |
Holcim Lanka’s alternative fuels option, Sri Lanka19 March 2012, Published under Cement NewsHolcim Lanka Ltd is beginning to use agricultural waste to generate power in the cement manufacturing process. Speaking to the Daily News Business, Chairman of Holcim Lanka, Manilal Fernando, said that the company is using rice husks, straw, agricultural waste and other waste materials to generate power. "This initiative has helped the company to reduce production cost by almost 30%," he said. Mr Fernando said that they are also currently doing research to save more energy by way of usin... |
Dangote’s Zambia cement plant on schedule19 March 2012, Published under Cement NewsConstruction of Dangote Cement’s new US$365m cement plant in Masaiti District is progressing well and on schedule, logistics manager Kampewa Nundwe told the Times of Zambia. The new plant, with a capacity of 1.5Mta is situated on the Copperbelt and is scheduled for completion in the second half of 2014. Mr Nundwe said the Chinese contractor has completed clearing the site and more equipment from Germany was expected to arrive in the country shortly. “We are expecting more equipment w... |
New Pakistan terminal contract signed19 March 2012, Published under Cement NewsA contract has been signed for construction of Pakistan's first mechanised coal, cement and clinker terminal at Port Qasim (BOT). The facility will be constructed at an estimated cost of US$175m on a 30-year build operate and transfer (BOT) basis. A signing ceremony was recently held between Pakistan International Bulk Terminal (PIBT) and a JV consortium of Turkish firm Siyahkalem-and local firm Maqbool Associates for the civil work contract. The project is expected to be operationa... |