Cement News tagged under: international
Saudi Cement Company re-opens its Kiln No 614 February 2012, Published under Cement NewsSaudi Cement Company will start up its Kiln No 6 with 4000tpd clinker capacity by May 2012 after it has completed most of the rehabilitation works. The kiln’s environmental aspects will be checked and it will be converted to use crude oil rather than gas, as per Saudi Aramco’s directions. The company will also bring three older kilns back into operation during the same period, so that an extra 5325tpd capacity will be available to meet Saudi Arabia’s rising cement demand, which has led to ... |
Oman: competition reduces Raysut Cement’s profits14 February 2012, Published under Cement NewsOman's Raysut Cement is losing market share at home as rival UAE players offer competitive cement pricing. The country's largest cement maker reported a 28% fall in annual profit. Net income declined to OMR14.9m (US$38.6m), in line with analyst estimates, from OMR20.7m (US$53.7m) a year earlier, the company said in a filing to the Muscat Securities Market yesterday. Sales costs increased to OMR61.9m from OMR41.7m a year earlier, the company said. Oman is moving ahead with a series of i... |
South Africa: cement sales boom14 February 2012, Published under Cement NewsIn South Africa cement sales by volume soared by 22% YoY in January to 779,003t, data released by the Cement and Concrete Institute (CNCI) showed. January’s data is merely the latest in a string of strong YoY increases. The increase in the past five months (September to January) was 10.5% YoY with the November 2011 volumes of 1,141,248t the highest monthly total since 2008. |
Sinoma completes biggest cement factory in sub-Saharan Africa13 February 2012, Published under Cement NewsSinoma has completed a 6Mta cement plant in Nigeria for Dangote Cement Group. The US$1.6bn plant was formally unveiled on Thursday evening by Nigerian President Goodluck Jonathan at Ibese in southwest Nigeria's Ogun State. Aliko Dangote, chairman of the Dangote Group, said the new plant would generate 7000 direct jobs and many indirect jobs, noting that the Ibese plant is the biggest cement factory in sub-Saharan Africa. "With the commissioning and full operation of the plant, Nigeria wi... |
Saudi Arabia: short-term solution to cement shortage13 February 2012, Published under Cement NewsThe acute cement shortage in Makkah province might be on its way to be solved with the daily injection of 10,000t of cement (200,000 bags) into the region, sources at the Ministry of Commerce and Industry (MCI) said on Sunday. However, talking to Arab News, Saleem Al-Harbi, chairman of Manar Construction Company and a member of the board of directors of Jeddah Chamber of Commerce and Industry, did not believe that these quantities would be enough to stabilise the cement market in the ... |
Indonesia's January cement sales rise and PT Semen Gresik announces new packaging plants13 February 2012, Published under Cement NewsIndonesia's domestic cement sales rose 15.2% YoY in January, according to PT Semen Gresik. According to the firm's website, the country's sales volumes in January reached 4.06Mt, slightly lower than 4.6Mt a month earlier. Infrastructure development and cement sales are likely to be spurred by the central bank last week, cutting its benchmark rate to a record low 5.75%, and by the parliament in December passing a long-awaited land bill aimed at speeding up land acquisition. "January 201... |
Consumption in Thailand to rebound on building reconstructions13 February 2012, Published under Cement NewsPresident Pramote Techasupatkul said the government should act quickly and accelerate infrastructure projects after suspending some in last year's fourth quarter when severe flooding hit Bangkok. "Consumption in the commercial segment is expected to rebound substantially on reconstruction of buildings and industries after the floods," said Mr Pramote. He said while home repair activity has risen during these past two months, it requires only a small amount of cement. "We expect that de... |
Nigeria: AshakaCem to boost cement capacity by 0.3Mta13 February 2012, Published under Cement NewsAshaka Cement Plc, a subsidiary of Lafarge Cement WAPCO Nigeria plc, says it is adding 300,000tpa in capacity and raising its total output potential to 1.3Mta. Alhaji Umaru Kwairanga, the company’s new chairman, said the company is being spurred by the expansion fever in the cement industry as most of the local producers are currently investing in capacity expansion to bridge the supply gap. “We have maintained our market share which is a little above 5% but with the growth of the mark... |
Kenya: quarry blockage paralyses cement plant13 February 2012, Published under Cement NewsBarely two weeks after the troubled East African Portland Cement (EAPC) resumed operations, the cement factory is facing closure due to lack of raw materials. Members of Maasai community have closed access to the cement factory’s quarry at Kabini and Ngurunga, thus crippling the operations of the cement firm. The 300-acre Kabini quarry is a no-go zone for company tippers. The material cannot be transported to the Athi River cement plant. Hundreds of workers at the plant now while their... |
Saudi cement output rises 23% in January13 February 2012, Published under Cement NewsCement production in Saudi arabia, the Arab world’s largest economy, grew 23% in January from the same month a year earlier. Production from 13 companies rose to 4.8Mt last month from 3.9Mt in January 2011, according to industry data posted on the website of Yamamah Saudi Cement Co. |