Cement News tagged under: international
Bolivian production rises 10% YoY02 March 2012, Published under Cement NewsCement production in Bolivia increased by 10 per cent YoY in 2011, according to figures from the Bolivian Foreign Trade Institute (IBCE), based on data provided by the Bolivian Institute of Cement and Concrete (IBCH). SOBOCE Viacha achieved the highest percentage growth in FY 2011, with 15 per cent, with an increased production of 775,883t of cement, In 2011, total domestic cement sales increased eight per cent compared to 2010.??The department of Santa Cruz accounted for 30 per cent ... |
Colombian cement sales up 14.2% in January02 March 2012, Published under Cement NewsColombian cement sales in January reached 868,400t, up 14.2% than in January 2011. In this month 823,3000t were shipped to the domestic market, which represented an increase of 11.7%. This increase in shipments was caused mainly by rises in deliveries to builder and contractor channels with 31.1%, and 22.8% with ready-mix concrete companies. Meanwhile, for the last 12 months to January 2012, cement production grew 13.7% over the previous year. In the same period,10,241,600t were shippe... |
Bosowa Group outlines cement expansion plans, Indonesia02 March 2012, Published under Cement NewsThe Bosowa Group of Indonesia has outlined plans to increase its footprint on the Indonesian cement market as it prepares to compete with some of the major players on the Java market. The group has said it will spend US$1bn on expansion for strategic sectors such as cement, infrastructure, mining finance and automative within the next five years. Bosowa, which currently operates a cement plant in South Sulawesi and a grinding plant in Batam, planst to build new factories in Rembang (Ce... |
RTsK eyes stake in Iskitimcement, Russia01 March 2012, Published under Cement NewsRussian Cement Company, a joint venture of Sibtsem Holding and Rostekhnologii State Corporation, has reached agreements in principle for the acquisition of a 63% stake in Iskitimcement with RATM-Holding. An application will soon be submitted to Russia's antimonopoly service. At present, auditors hired by RTsK and RATM-Holding are near to complete the audit of Iskitimcement. According to the sources from RTsK and RATM-Holding, the company is in a satisfactory financial position. Source: S... |
Afrisam settles cement cartel complaint, South Africa01 March 2012, Published under Cement NewsSouth African cement producer Afrisam has concluded a settlement agreement with the Competition Commission in which it admitted that it took part in a cement cartel and agreed to pay an administrative penalty of ZAR125m (US$16.7m). The penalty represents 3% of its previous year's cement turnover in the South African Customs Union region. According to the commission, the settlement is a reflection of Afrisam's material cooperation in uncovering and providing further information on the cartel ... |
Bestway Cement net profit rises, Pakistan01 March 2012, Published under Cement NewsBestway Cement Limited has posted PKR724.99m (US$274,8m) net profit in the half year period ended December 31, 2011 compared to after tax loss of PKR477.050m in the corresponding period in 2010. Earnings per share stood at PKR1.25 under review against a loss of PKR1.46/share in the same period a year back. Net turnover rose to PKR7.932bn in the half year period in 2011 against PKR5.681bn in the same period in 2010.??The company posted PKR1,095.687m pretax profit in the half year period a... |
Vietnam Jan-Feb production down 14%29 February 2012, Published under Cement NewsCement production in Vietnam is estimated to have reached 7Mt in the first two months of this year, down 14 per cent YoY, data from the government’s General Statistics Office (GSO) said in a monthly report released today. In February alone, however, production is expected to have reached 4.1Mt, up 20.7 per cent from the same month of last year. However, the GSO revised down the country’s cement production from an estimated figure of 4.2Mt to 2.9Mt. For full year 2012, output is fore... |
Azerbaijan readies itself to export cement by 201429 February 2012, Published under Cement NewsThe government of Azerbaijan has said that by 2014 the country will be exporting 25 per cent of the cement it produces as new capacity comes on-stream in the coming years. President Ilham Aliyev said that domestic production covers 44 per cent of domestic demand, by 2013 this figure will reach 75 per cent, and by 2014 production will supass demand to 125 per cent. "As a result, in two years due to construction of new cement plants, Azerbaijan will be able to export 25 per cent of cemen... |
New bill to spur Indonesia infrastructure activity28 February 2012, Published under Cement NewsThe Indonesian government’s land acquisition bill in December is expected to speed up land purchases for public infrastructure projects, boosting cement demand according analysts at Nomura Indonesia. The analysts told CNBC that this bodes well for local cement manufacturers who are currently undertaking capacity expansion projects. “"Given that the Indonesia cement industry is running closer to 90 percent capacity utilization at the moment, this will be good for those who can add capacity a... |
Lafarge-Strabag complete test runs at new Hungary works28 February 2012, Published under Cement NewsLafarge and Strabag have successfully completed a test run at their Kiralyegyhaza cement plant in south west Hungary which they completed last autumn, Lafarge Cement Cement Magyarorszag managing director, Frederic Aubet, said at a press conference. The plant can produce around 750,000t of clinker and 1Mta of cement and is expected to reach full capacity in 2-3 years. Source: EcoNews |