Cement News tagged under: international
SCG plans maximised production23 November 2011, Published under Cement NewsSiam Cement Group (SCG) has ramped up production at its plants and is ready to slash prices of some building materials by as much as 60% to serve an expected post-flood jump in demand. Thailand’s top industrial conglomerate experienced a 40% drop in cement sales in the Central region in October, while building material sales fell by 20-25% when the floods approached provinces to the north of Bangkok. "Plants that have suspended production earlier [due to flooding] such as cement and fibre ... |
India: cost pressures, realty slump cause concern23 November 2011, Published under Cement NewsCement despatches across the industry barely grew 0.2% YoY in October 2011, according to reports of leading domestic brokerage houses. It was attributed largely to a high base effect in the year-ago period. The combined despatches of the leading players – ACC, Ambuja Cements and UltraTech Cement – fell nearly 2.1% YoY in October 2011, given the curtailed output at the Aditya Birla Group. Industry-wide cement despatches during the first half of FY12 had grown nearly 4.5% YoY. With the monso... |
Semen Gresik sees slowing Indonesia cement demand in 201223 November 2011, Published under Cement NewsIndonesia’s cement sales growth, an indicator for the strength of southeast Asia’s largest economy, may slow to between 4-5% in 2012, down from 16% this year, Indonesia’s biggest cement maker PT Semen Gresik Tbk said. Dwi Soetjipto, the company’s CEO, said the easing demand would come as weaker global growth hit domestic spending, which has so far seen little impact from a slowing world economy. Cement sales rose 52% in September from a year ago due to increasing property and infrastructur... |
Iraq’s Lafarge-run cement plant plans to triple production23 November 2011, Published under Cement NewsMerchantBridge & Co plans to triple cement production over the next two to three years at a plant operated by partner Lafarge SA in Karbala, Iraq. “We expect to start breaking even in January,” MerchantBridge acting chief executive officer Eric le Blan said in an interview in Dubai yesterday. Demand for building materials in Iraq is set to increase as the country rebuilds homes and infrastructure after years of war and economic sanctions. Iraq needs to build 2.5 million homes by 2015, th... |
Thailand: cement supply sufficient22 November 2011, Published under Cement NewsThe supply of cement is enough to serve demand from now until the flood crisis ends, Chantana Sukumanont, executive vice president of Siam City Cement Plc, said last week. "Demand has slowed down this quarter, as most plant construction projects ran into delays when the sites faced floods and labour shortages, but that has little impact because the fourth quarter is the low season for cement," the executive vice president said. The price of cement from manufacturers will remain at the pre-... |
Uganda: cement shortage amid power cuts22 November 2011, Published under Cement NewsThe construction sector, Uganda’s fastest growing services sector is headed for a huge slump as the dwindling volumes of cement production appear likely to slow activity. Figures collected by the Uganda Bureau of Statistics show that the power supply shortage is already hurting the sector, registering large reductions in cement volumes every day. Power companies have been ’load shedding’ or what is commpnly known as having power break offs. This has been caused by local shortages of diese... |
Lafarge to realign country CEO activities22 November 2011, Published under Cement NewsLafarge SA has announced a reorganisation of its worldwide business, with the company’s country chief executives assuming responsibility for the firm’s cement, aggregates and concrete activities. The change will take effect from January 2012 and will remove one layer of hierarchy at the regional level, the company said. "This new organisation project will reinforce our efficiency. It will drive us to greater focus on our markets and customers’ needs, and accelerate the group’s development ... |
India: cement industry to grow above 9% next year, consolidation in sight21 November 2011, Published under Cement NewsA steep rise in cement prices have led to a hike in construction costs for builders. Cement companies have increased prices by INR00/bag in the last three months. In an interview to NDTV Profit, VM Mohan, CFO, India Cements, talks about the company’s future plans and cement prices in southern India. NDTV: Despite a rise in prices in south India, the volumes for your company have been declining. So could you give us guidance for volumes for the coming years? Mohan: We have improved our volu... |
Saudi Arabia: United Cement signs deal for mining license21 November 2011, Published under Cement NewsPetroleum and Mineral Resources Minister Ali Al-Naimi on Sunday signed the first of seven licenses for the exploitation of limestone for cement production. United Cement Co won the first license for mineral exploitation and its director general, Fahd bin Abdullah Al-Harbi, signed the deal on behalf of his company. “This license is issued as part of the first phase during which two more licenses would be issued to exploit limestone used for Portland and white cement,” said Sultan bin Jamal S... |
Lafarge to construct Uzbekistan plant21 November 2011, Published under Cement NewsLafarge will begin the construction of a cement plant with a capacity of 2Mta in the Jizak region (central part of the country) in the second half of 2012, said Akbar Mukhitdinov, general manager of the Uzstroymaterialy joint stock company, which includes enterprises producing building materials in the country. "The French company received a license for exploration and will begin studying the existing resource base for the construction of the plant by the end of May," said Mukhitdinov. Acc... |