Cement News tagged under: international
Vietnam produces 41.3Mt of cement Jan-Sep29 September 2010, Published under Cement NewsCement producers in Vietnam are estimated to have produced 41.3Mt of cement in the first nine months of this year, according to the General Statistics Office. This represents a rise of 16.8% when compared with the equivalent period last year. During September, output reached 5Mt, up 26.8% YoY. The Ministry of Construction predicts the country will see a surplus of at least 2Mt this year as several new cement plants have entered operations at a time when export plans are facing difficulties.... |
China’s cement output up 12.8% in Aug29 September 2010, Published under Cement NewsChina produced 167.8Mt of cement in August this year – an increase of 12.8% YoY. The latest data from the National Development and Reform Commission show that growth was 3.8 percentage points lower than that of the previous month. As a result, cement output in the first eight months of 2010 rose 16.7% YoY to 1.18bnt. The factory price of cement from key producers reached CNY309.5/t on average, a rise of CNY15.4/t MoM. Source: China Knowledge |
Prism suspends operations at Unit II at Satna29 September 2010, Published under Cement NewsPrism Cement announced that there has been an accident in Unit II at Satna and the work thereon has been temporarily suspended. The company has three divisions: Prism Cement, H&R Johnson (India) and RMC Readymix (India). |
Shaanxi QinLing to spend CNY493m on cement plant28 September 2010, Published under Cement NewsShaanxi QinLing Cement (Group) Co Ltd plans to spend CNY493.83m (US$74m) to build a 4500tpd cement works after decommissioning five old lines. The new plant project has been approved by the National Development and Reform Commission of Shaanxi Province and will be completed in 16 months. Its estimated sales revenue and gross profits will reach CNY320.85m and CNY123.52m, respectively. In addition, the company will spend CNY331.06m on technical upgrading of three cement lines, adding in ef... |
Algeria’s Chlef plant inaugurates new bag filter28 September 2010, Published under Cement NewsAlgeria’s Minister of Spatial Planning and the Environment, Cherif Rahmani, inaugurated yesterday a new bag filter at the Chlef cement works, hailing it as “an advance to the environment”. The new filter is part of a concerted effort to replace the plant’s old ESPs and improve its environmental performance. The company has invested ALD950m in the installation and commissioning of the latest generation baghouse and is viewed as instrumental in meeting the ISO14001 environmental standard. I... |
Vietnam orders halt to clinker imports28 September 2010, Published under Cement NewsThe Vietnamese Ministry of Construction has requested businesses to stop importing clinker until the end of 2011 to halt the country’s widening trade gap. In August, around 110,000t of clinker crossed the border into Vietnam with January-August totals at 1.71Mt. Moreover, it encourages cement producers to increase exports between 0.5-1Mt this year and raise export volumes even further in the coming years to reduce the increasing national glut. On 23 September, Hoang Phat Vissai Group Co Lt... |
New cement factory in Los Andes proposed28 September 2010, Published under Cement NewsA proposal for a new cement plant in the town of Cumana, Los Andes Province in Bolivia has been tabled in the Bolivian parliament. The initiative came after local visits that confirmed the presence of large deposits of limestone. "The project suggests that this region has its own cement factory and seize the material benefit of the development of the region and its inhabitants," said parliament member Samuel Pamuri (MAS). The project aims to benefit a population of over 10,000 inhabitants ... |
New cement factories allowed to import energy28 September 2010, Published under Cement NewsEgypt has said it would offer new licences for 12 cement production lines as the country aims to boost cement production by 40% by 2015 to meet the growing demand for the product by the construction industry. The companies will also be allowed to import gas and coal. Egypt has suffered power shortages as it has been unable to secure sufficient gas supplies to power its power plants and industry. It is feared that the energy shortage will stiffle industrial expansion. "Energy imports will... |
YTL to acquire remaining stake in local producer28 September 2010, Published under Cement NewsYTL Cement Bhd’s plan to acquire the remaining stake in Perak-Hanjoong Simen Sdn Bhd from Gopeng Bhd will have a positive impact to the earnings of the group. However, the acquisition will not change YTL Cement’s position as the second largest cement producer in the country. An analyst from ECM Libra Investment Research said that Lafarge Malayan Cement Bhd was still the industry leader with about 40% market share, while YTL Cement had about 24%. “The exercise is only to acquire the remaini... |
US shipments fall in July28 September 2010, Published under Cement NewsTotal shipments of Portland and blended cement in the United States and Puerto Rico for July 2010 were 6.7Mt. This was nearly seven per cent less than shipments in July 2009. Year-to-date shipments through July were 38.9 Mt, down by about 5% from those of the same period in 2009. The leading producing states (Texas, Missouri, California, Michigan, and Pennsylvania, in descending order) shipped 40 per cent of the July total. The leading consuming states (Texas, California, Florida, Ohio, an... |