Cement News tagged under: international
Pakistan cement exports suffer YoY fall21 March 2011, Published under Cement NewsPakistan exported 588,386t of cement with a value of US$22.529m in February 2011 compared to 470,667t at US$22.351m in January 2011. This reflects a monthly growth of 25.01 and 0.8 per cent in quantity and value terms, according to data released by Pakistan’s Federal Bureau of Statistics. AHCM Research has reported that on MoM basis, cement exports registered growth primarily due to higher exports to Afghanistan but overall export dispatches continued to fall amid lower international prices... |
Mbeya Cement eyes East African market21 March 2011, Published under Cement NewsTanzanian producer, Mbeya Cement Company, has improved production, quality and quantity of its product in an effort to capture East African Community market demand. Speaking to the East African Business Week from Mbeya last week during the official launch of the new bag re-branded event, the firm’s General Manager Mbuvi Ngunze said the change in cement packaging material is part of reforms taken by the firm to improve product and services to the customers. “We have decided to enter in th... |
Century Plyboards expansion update, India21 March 2011, Published under Cement NewsSajjan Bhajjanka, managing director of Indian cement producer, Century Plyboards, has recently spoken about the company’s latest investment. Below is a transcript of his interview with CNBC-TV18. Q: Take us through the expansion plan, where exactly is it located? A: Our main plant is in Meghalaya. Present capacity is of 1.2Mt. Now, we are expanding our clinker capacity by another 1.75Mt which will feed two grinding plants, one at Guwahati and another at Bihar. So, both the plants are 1.6Mt... |
Andhra Cements denies rumours of stake sale, India18 March 2011, Published under Cement NewsThere is a buzz in the market that Lafarge and Italcementi are in the race to buy a promoter stake in Andhra Cements. The Goenka group run Andhra Cements currently holds 58% of the promoters holdings. In an interview with CNBC-TV18, GP Goenka, Chairman of Andhra Cements spoke on the possible stake sale and the road ahead for the company, and below is a transcript of the interview. Q: There are lots of rumours going around in the market about a stake sale that Lafarge and Italcementi might ... |
Titan helped by Egypt and Turkey18 March 2011, Published under Cement NewsTitan’s 2010 turnover came off by 0.7% last year to €1,350.5m and the EBITDA declined by 5.5% to €314.4m. The net financial charge increased by 5.7% to €62.6m, leading to an 18.3% reduction in the pre-tax profit to €129.2m. However, this figure had been boosted by a €9.9m gain on the sale of emission rights in Greece and Bulgaria. A lower tax charge, but higher minorities left the net attributable profit own by 17.2% at €102.2m. With the completion of the investment projects in Egypt and ... |
Italcementi: industry has hit bottom, Egypt uncertainties18 March 2011, Published under Cement NewsAccording to leading Italian cement producer, Italcementi, the global cement industry has bottomed out and will see more growth in Asia and a recovery in some mature countries. The company expects its own volumes to rise 0-5 per cent in 2011, after three years of declines due to a global economic and financial crisis. "We went through very though market conditions in the last couple of years. We look to the future in a more positive way and we believe we are at the bottom of the cycle," It... |
Cemex establishes new record, Philippines18 March 2011, Published under Cement NewsCemex in the Philippines has established a new record for cement production in its SOLID plant, thanks to a series of efficiency improvements. On March 10 of this year, the plant produced 6467t of cement, topping the previous record of 6,139t set in March 2005. The changes implemented in the plant consisted of two main projects. First, a modification to the calciner to improve the combustion process to increase production in the kiln as well as increased use of local coal, reducing the need... |
Taiheiyo’s action plan in response to Japanese earthquake18 March 2011, Published under Cement NewsFollowing the devastating earthquake and tsunami which struck Japan on 11 March 2011, the country’s leading cement producer, Taiheiyo Cement, immediately organised an Emergency Task Force led by company president Mr Tokuue to assess damage to plant equipment and facilities, and to implement recovery action. On 15 March, Taiheiyo confirmed the safety of all 156 employees at its Ofunato plant in Iwate prefecture, a coastal town in the north-east of the country. The cement plant, however, has... |
Cimentos de Moçambique’s grinding projects17 March 2011, Published under Cement NewsA new grinding unit at the Cimentos de Moçambique cement factory in the Mozambican city of Matola will double production capacity at the factory to 1.2Mt, according to figures published by the company. Cited by Mozambican daily newspaper Notícias, the figures showed that the domestic market consumes around 700,000tpa of cement, which means that when this new grinding unit is installed the market will have a surplus of 500,000t, which is likely to be exported to neighbouring countries. Stef... |
Four weeks until commissioning of Fauji’s new line, Pakistan17 March 2011, Published under Cement NewsPakistan producer, Fauji Cement is set to make its second production-line operational before the end of April, officials said. “The commissioning of our new production line is just four to five weeks away from now,” said Shahid Ghazanfer, General Manager Operations at Fauji Cement Company Limited (FFCL). The company claimed in its annual report for 2009-2010 that its new plant would be the single largest production line of clinker in Pakistan with a production capacity of 7200tpd. |