Cement News tagged under: international
Votorantim not seeking to sell Cimpor stake11 March 2011, Published under Cement NewsBrazilian cement maker Votorantim Cimentos is not willing to divest its stake in Cimpor as this would allow its home competitor Camargo Correa to boost its holding in the Portuguese sector firm, economic daily Diario Economico reported on Thursday. According to recent speculation, Votorantim was not happy with the fact that it has no significant role on the strategic decisions concerning Cimpor’s foreign expansion. A representative from the Brazilian company, however, has ruled out rumour... |
South Africa sales down 12.4% in February11 March 2011, Published under Cement NewsCement sales in SA moved 12.4% lower YoY in February to 736,691t from 840,586t at the same month in 2010, data from South Africa’s Cement and Concrete Institute showed. Cement sales had declined 4.6% YoY in January. Domestic sales on a year-to-date basis declined 9.1% to 1.375Mt, from 1.513Mt for the same period in 2010. The moving annual total in SA was down 6.8% y/y in February 2011 to 10.732Mt from 11.521Mt in February 2010. |
Proposed Pakistan cargo service to facilitate deliveries to north11 March 2011, Published under Cement NewsThe Pakistan cement industry has welcomed a decision by Pakistan Railway (PR), the Ministry of Railways and Infrastructure Project Development Facility (IPDF) and the Ministry of Finance to seek proposals from local and international firms/consortiums to run cargo trains for the transport of cement, coal, oil and other general cargo from ports to northern regions for exports and domestic consumption. The Pakistan government envisages a special train service for transporting coal from K... |
Holcim inaugurates Hermosillo plant, Mexico11 March 2011, Published under Cement NewsHolcim Apasco’s new 1.6Mt capacity Hermosillo cement plant in the state of Sonora, in north-east Mexico, was officially opened by the President of Mexico, Felipe Calderon Hinojosa, and Markus Akermann, CEO of Holcim. The new Hermosillo cement plant is Holcim Apasco’s seventh plant in the country, meeting the strictest national and international standards and is a testament to the importance of Mexico to the Holcim Group. The ceremony was attended by national and local government officials ... |
Spanish price increased welcomed11 March 2011, Published under Cement NewsSpanish cement producers have announced a price hike for 2011, a move that is being viewed positively in light of the weak pricing environment experienced by local producers in 2010. Although the Spanish cement association, Oficemen, has forecast a further decline in demand of 10% in 2011, which will bring the market to around 22Mt (2.5 times less than highs seen in 2007), local producers have announced the price hike to limit the negative impacts of falling utilisation rates and increase... |
New supply contract for Holcim Bangladesh10 March 2011, Published under Cement NewsHolcim Bangladesh Ltd, Orion Group and Sublime Resources have recently signed a joint agreement for a flyover project. Under the agreement Holcim Bangladesh will supply cement to the Mayor Mohammad Hanif (Jatrabari- Gulistan) flyover project. MD of Holcim Bangladesh Rajnish Kapur, MD of Orion Group Salman Obaidul Karim and MD of Sublime Resources Sheikh Aminur Rahman signed the agreement on behalf of their companies in the project office at the capital. Orion Group will implement the proj... |
Argentina sales rise 15.6% YoY10 March 2011, Published under Cement NewsAccording to provisional data from the Association of Portland Cement Manufacturers (AFCP), domestic shipments totaled 819,655t in February 2011, 3.7 per cent less than in January 2011 but 18.4 per cent above the February 2010 figure. In the first two months of the year, cement sales totaled 1,710,303t, 15.6 per cent more than the same period of 2010. During last year total cement shipments reached a record 10.46Mt, up 10.7 per cent on 2009. For this year AFCP projects shipments of arou... |
Production disrupted at Sinai Cement, Egypt10 March 2011, Published under Cement NewsMembers of the nomadic Bedouin Arab tribe, have forced their way into Sinai Cement Co’s plant in northern Sinai and shut down production, a Bedouin spokesman and the company’s chairman said. The Bedouin, an Arab tribe, were demanding compensation for land that was seized from them or despoiled, said Moussa el-Delh of the Tarabin Bedouin tribe. Sinai Cement Chairman Hassan Rateb said the protesters were merely seeking better benefits, without elaborating. The Bedouin, who have stoppe... |
QNCC setting up new mill to boost output, Qatar10 March 2011, Published under Cement NewsQatar National Cement Company (QNCC) is installing another mill with a capacity of 230tph. The firm is also replacing the old mills at its Plant I as part of enhancing production in tandem with the country’s infrastructure requirements. “The company will continue to meet the local market demand for different kinds of cement, washed sand and both kinds of lime (calcined and hydrated) with timely increase in production capacity, commensurate with the macro development plans of the state,” QNC... |
China Resources Cement to boost capacity 33% in 201110 March 2011, Published under Cement NewsChina Resources Cement Holdings Ltd said Monday its plans to expand its production capacity by around one third in 2011 in anticipation of higher selling prices and rising demand. The company made the announcement the same day as it reported that its net profit more than doubled to HK$2.04bn in 2010 as revenue soared to HK$14.14bn from HK$6.91bn in 2009, thanks to growth in both sales volume and selling prices. The company declared a final dividend of HK$0.045 per share for 2010. The compan... |