Cement News tagged under: international
Ambuja Cements December dispatches rise marginally04 January 2012, Published under Cement NewsAmbuja Cements dispatched 1.93Mt of cement in December, marginally higher than the 1.83Mt in the corresponding month last year, a company release today said. Cement production stood at 1.91Mt during December, nearly seven per cent higher than 1.79Mt a year ago. Month on month, Ambuja Cements’ dispatches and production were slightly higher than the 1.83Mt and 1.81Mt, respectively, in November. The Holcim Group company, which follows the Jan-Dec financial year, dispatched 20.96Mt c... |
China cement growth slows in November04 January 2012, Published under Cement NewsChina’s cement output growth in November 2011 stood at 11.2 per cent YoY, 6.1 percentage points lower than previous year. Nevertheless, China’s cement output reached 1.89trnt in the first 11 months of last year, an increase 17.2 per cent YoY, 1.6 percentage points faster than previous year. Profits of China’s building materials industry surged 53.1 per cent YoY to CNY243.7bn (US$38.68bn) in the first 11 months of 2011. |
Pakistan cement dispatches likely to grow04 January 2012, Published under Cement NewsPakistan cement manufacturers and exporters are expected to see an average growth of 3.17 per cent per annum in the 2012-2014 period with growth likely to be spurred by a number of measures. Pakistan produced/dispatched 31.43Mt in 2010-2011 and registered negative growth of 8.13 per cent. Capacity utilisation stood at 69 per cent. However, production/dispatches are expected to reach 31.5Mt in 2012, 32.5Mt in 2013 and 33.5Mt in 2014. Growth is likely to be triggered by 1) better utilisation... |
Hail Cement signs deal for housing complex, Saudi Arabia03 January 2012, Published under Cement NewsHail Cement Company said it had signed a housing contract with the joint venture of Teberak Trading and Contracting Company and Mo B Co. for Civil Construction. The contract value is SR117.8m according to a statement posted on the Tadawul website. It said the project will be completed in four phases. The first phase will be completed in 11 months starting Sunday, the second in 14 months, the third in 16 months and the fourth in 18 months. The total area of the housing campus is 80,000 m2 ... |
Ambuja Cements sees 7.3% rise in December production03 January 2012, Published under Cement NewsAmbuja Cements reported a rise of 7.3% in December 2011 cement production at 1.91Mt from 1.78Mt for December 2010. Meanwhile dispatches were at 1.93Mt compared with 1.82Mt, registering an increase of 6.04%. For January-December 2011 period, cement production and dispatches were 20.96Mt and 20.95Mt respectively, compared with 20.12Mt and 20.12Mt respectively in the corresponding period last year |
Al Jouf Cement to boost capacity, Saudi Arabia03 January 2012, Published under Cement NewsSaudi cement producer and trader Al Jouf Cement said Monday in a bourse filing it will invest SAR885m (US$236m) to launch a second production line, in addition to a dedicated power plant. The new production line will have a capacity of 5000tpd. The project, to be financed with a combination of own funds and debt, will take 25 months to complete. Al Jouf Cement has a production capacity of 1.75Mta, or 5000tpd. The company’s products include Ordinary Portland Cement (OPC) and Sulphate Resis... |
UK – construction recovery not seen until 201403 January 2012, Published under Cement NewsConstruction output is forecast to fall by more than 5% this year and remain flat throughout 2013 according to the latest forecasts, published today by the Construction Products Association. It will be 2014 before the industry is expected to see any significant signs of recovery, by which time output will be 12% lower than at its peak in 2007. Commenting on these forecasts, Michael Ankers the Chief Executive of the Construction Products Association said: "For the construction industry to ... |
Pacasmayo sells stake in mining company, Peru03 January 2012, Published under Cement NewsMCA Phosphates, the Singapore-based joint venture between Zuari Industries and Japan’s Mitsubishi Corporation, has bought a 30% equity stake in mining company Fosfatos del Pacifico (Fospac) of Peru for US$46.1m, a Zuari Industries release said. Fospac is a subsidiary of Cementos Pacasmayo. Additionally, the Zuari-Mitsubishi combine has entered into an off-take agreement with Fospac to purchase the entire production of concentrated rock phosphate after meeting local demand, if any, for min... |
Saudi demand to continue strong in 201203 January 2012, Published under Cement NewsThe Saudi cement sector is forecast to continue witnessing strong demand in 2012, led primarily by government projects, NCB Capital said recently. However ongoing fuel issues with Aramco could delay the 4.5Mt of new capacity expected in 2012. This potential supply constraint should provide strong pricing support. The new NCB Capital report analysing the Saudi cement sector noted that there are concerns on supply due to an apparent inability by Yanbu and Southern Cement to receive increased... |
Lafarge-Incehsa increases investments?, Honduras03 January 2012, Published under Cement NewsLafarge-Incehsa is modernising and expanding its plant in Comayagua , Honduras, over a period of three years with plans including debottlenecking measures and a new kiln line. The move comes on the back of public infrastructure investment requirements which are driving local demand. Commenting on the investment, director general, Juan Martinez, said: “In the short-term, we are eliminating the different bottlenecks of the plant to obtain a 10% increase in production capacity that allows... |