Cement News tagged under: international
Sudan looks to exports after reaching self-sufficiency06 January 2011, Published under Cement NewsSudan reached self-sufficiency in cement production last year, and the African country plans to export extra production, Industry Minister Awad Ahmed al-Jazz said today in an interview. Sudan produced about 3Mt of cement in 2010, and it expects to produce as much as 5Mt this year, al-Jazz said in Omdurman, a suburb of Khartoum, the capital. Excess production will be exported “to anyone who wants to buy,” al-Jazz said. Sudan had only two cement plants until the end of 2009 with a combin... |
UltraTech Cement to invest in Rajasthan plant06 January 2011, Published under Cement NewsUltratech Cement Limited, a Birla Group company, is to invest in a cement plant in Jhunjhunu in Rajasthan, Birla family’s home district. The plant, with an installed capacity of 3Mta, will be established in an area of 1006ha in Nawalgarh tehsil. A Memorandum of Understanding was signed on Wednesday between Rajasthan State Industrial Development & Investment Corporation (RIICO) and Ultratech Cement Limited. The agreement was signed between RIICO Managing Director Rajendra Bhanawat and Ultrat... |
Fitch: negative outlook for India cement in 201106 January 2011, Published under Cement NewsFitch Ratings says the 2011 outlook for the Indian cement sector is negative to stable, reflecting continued overcapacity during the year, which would lead to continued pressure on cement prices. The agency notes that although the anticipated capacity increases are likely to outstrip the growth in cement demand in FY11 and FY12, many of the larger players with strong balance sheets will be able to withstand the pressure. Fitch forecasts a growth in demand of around 10% and a growth in total ... |
Lafarge Invention Awards – European results06 January 2011, Published under Cement NewsThree projects from France, Poland and Serbia were recognised for the quality of their work by an international panel of judges chaired by Bruno Lafont, Chairman and CEO of Lafarge. The winners received a prize of €20,000 each as well as future mentoring from Lafarge to support the development of their innovative ideas. Created in 2010, the "Lafarge Invention Awards" were designed to reward and support projects of European researchers and entrepreneurs on building materials (though product... |
India: cement industry likely to regain positive growth05 January 2011, Published under Cement NewsPositive sales growth of ACC, Ambuja coupled with UltraTech’s flat growth is likely to bring the industry back in positive territory in December. Though, the sector’s overall statistics will be released next week, analysts said the industry would not slide further for the second consecutive month and might bounce back. “It would not be a high growth as demand was not strong across the country. But according to our estimates, cement sales would be around 2-3 per cent in the month,” said a Mu... |
Credit Suisse: 2011 better for China materials05 January 2011, Published under Cement NewsCredit Suisse expects 2011 to be an "incrementally better year" than 2010 for China basic material sector, driven by the typical year 1 (of 5-year plan) demand acceleration, the delay in structural transformation, and continued positive consumption-driven demand. It adds, the negative side of the story is the high base in 2009-10 and a potential decline in property construction activities. The house says although China’s demand growth in the next five years may not support another "super cyc... |
Vietnam Cement sales at 50.21Mt in 201005 January 2011, Published under Cement NewsVietnam’s cement sales stood at 50.21Mt in 2010, fulfilling 100% of the sector’s whole-year target. In December, the country used 5.08Mt of cement, the Ministry of Construction said on its website Dec 31 but giving no exact comparison. The Southeast Asian nation imported 2.12Mt of clinker and exported about 1.2Mt of clinker and cement in 2010. Cement production was 5.12Mt in December, raising the full-year output to 50.85Mt and surpassing 1.7% of the full-year target. The country’s cemen... |
Pakistan December data – APCMA05 January 2011, Published under Cement NewsAccording to monthly analysis by the All Pakistan cement Manufacturers Association (APCMA), the country’s 29 cement manufacturers and exporters recorded total cement dispatches of 2.493Mt December 2010 (FY 2010-11) compared to 2.677Mt in December 2009. This represents a fall of 6.87 per cent in overall dispatches on a YoY basis. However, if compared with November 2010 data of 2.416Mt, minor growth of 3.19 per cent was recorded. The breakdown showed that total local dispatches stood at ... |
Move to raise cement prices in Bahrain rejected05 January 2011, Published under Cement NewsMoves to increase the price of cement by up to 30 per cent in Bahrain have been rejected. ’The sharp increase in the price of cement, all of a sudden, is not justified by any objective or logical reasons,’ Bahrain Chamber of Commerce and Industry said. It also called on authorities, particularly the Industry and Commerce Ministry, to take measures against any rise due to ’a cartel’. ’The ministry has every right to prohibit such an unjustified increase,’ according to a Chamber statement. ... |
USA October shipments up 14% YoY05 January 2011, Published under Cement NewsTotal shipments of Portland and blended cement in the United States and Puerto Rico for October 2010 were 7Mt. This was 14% higher than shipments in October 2009. Year-to-date shipments through October were 60.1 Mt, down slightly from those of the same period in 2009. The leading producing States (Texas, Missouri, California, Michigan, and Pennsylvania, in descending order) shipped 41% of the October total. The leading consuming States (Texas, California, Florida, Illinois, and Ohio, in desc... |