Cement News tagged: International
New shiploading system at Salalah Port
The Port of Salalah, Oman, has taken delivery of a new mobile shiploading system, which it expects to commission later this year for use at its General Cargo Terminal (GCT). The equipment, supplied by Northern Ireland material handling systems producer Telestack, will provide a boost to the Dhofar Governorate’s plans to increase exports of limestone, gypsum and clinker via Salalah Port. We...
Higher fuel and power costs affect Mexican cement producers
EBITDA margins of Cemex, Moctezuma, Cementos Chihuahua and Elementia have contracted by 0.5-2 percentage points in the 3Q18 as fuel and power costs in Mexico have risen. "At least half of the increase in costs was due to increases in energy, both electricity and energy, whose prices are dollarised," said Carlos García, infrastructure analyst at Signum Research. In the case of Cemex, the com...
Kazakh-Singaporean MoU on new plant in Almaty region
A Kazakh-Singaporean business forum held on 21 November provided the venue for a bilateral investment treaty between the two countries as well as some 12 MoUs to establish partnerships. The agreements included an MoU on the construction of a cement plant in the Almaty Region between Kazakh Invest JSC and International Cement Ltd, Alacem LLP, according to Central Asia News.
Spain’s cement producers to be included in power support plan
Spanish cement producers will be included in plans to support the power-intensive industry, which is facing rising electricity bills, according to the country’s Minister of Industry, Reyes Maroto. With this measure, the government plans to avoid new cases such as that of Cemex, which announced the closure of two of its seven cement works in the country. Cemex attributed the closure to the “...
Baticim Cement joins WCA
Turkey-based Baticim Cement has joined the World Cement Association as a corporate member. Baticim Cement is part of the Bati Anadolu Group. "With Baticim Cement, we welcome an important player in the Turkish cement industry to our membership. We look forward to working with them and our other members to promote the cement industry across the globe and tackle future challenges together," sa...
Peru cement market expands 3% in October
Peru’s cement consumption advanced 2.9 per cent YoY to 1.02Mt, according to the country’s cement association, Asocem. Cement production by domestic producers fell by two per cent YoY and by 2.9 per cent MoM to 0.903Mt while clinker output decreased by 23.5 per cent YoY and 2.1 per cent MoM to 0.678Mt in October. Domestic production was supplemented by 90,000t of cement imports, down 71.4 p...
New plant project for Uzbekistan
The foundation of a new cement plant has been laid in Kattakurgan district of Samarkand region, Uzbekistan. The two-stage project is expected to create 2.4Mta of capacity at an investment of US$420m. It has been planned in cooperation with Chinese investors, according to Uzbekistan National News. The first stage, taking place over the 2018-20 period, will realise 1.2Mta of capacity at a cost...
Mozambican producers must now include expiry on packaging
Cement producers, both domestic and foreign, must now put an expiry date on products sold in Mozambique. Virginia Muianga, spokesperson for the National Inspectorate of Economic Activities (INAE), announced that the decision was the result of work undertaken on the production, labelling, sale and transport of cement. "From the work done on the ground, we found that essential elements were n...
ABAD calls for Pakistan's government to support construction in Karachi
The Association of Builders and Developers of Pakistan (ABAD), one of the main cement consumers in the country has called on Prime Minister Imran Khan, Federal Finance Minister Asad Umar and Syed Murad Ali Shah, the chief minister of Sindh to save the construction industry from crisis. In an appeal, the association has pointed out that the construction industry has been suffering due to the ...
The WRA promoted courage and vision at its General Assembly and Conference
The World Refractories Association's General Assembly and Conference on Innovation in Beijing was held on 15-16 November 2018, in Beijing, China. The World Refractories Association (WRA) met representatives of the member companies and invited top-class experts to discuss the future of the refractories industry. The President of the WRA, RHI Magnesita CEO Stefan Borgas, stated at the begin...
WCA opens Beijing and President's office
The World Cement Association (WCA) has announced the opening of its World Cement Association Beijing and President's office. The facility will be an addition to the association's headquarters in London and will be located at the building of China National Building Material Group (CNBM). "We are delighted to further expand our presence in China by opening our World Cement Association Beijing ...
Colombian cement demand stable in September
Cement dispatches in September 2018 increased by 0.8 per cent YoY to 1.031Mt from 1.023Mt, according to DANE, the country’s statistics office. Demand growth was led by Córdoba, where it rose by 18.3 per cent YoY, followed by Meta (+16.1 per cent) and Nariño (+12.8 per cent). Cesar and Risaralda saw consumption rise by around 5.8 per cent while Boyacá noted a 4.6 per cent increase. Antioquia ...
New levy to increase input costs for Australian manufacturers
Australian manufacturers and industry groups have warned that a new "biosecurity levy" would increase costs by 3000-5000 per cent on the key inputs for cement production, aluminium and steel. The levy, included in the May budget, is estimated to raise AUD108m (US$78.45m) a year, according to The Australian. Due to start on 1 July 2019, it will see manufacturers pay a AUD1/t levy on non-contai...
Kazakh producer increases cement exports to Uzbekistan
Kazakhstan-based cement producer, SAS-Tobe Technologies, has increased its exports to Uzbekistan. As the first Kazakh manufacturer accredited by the Uzbek Commodity and Raw Materials Exchange, it has sold 1500t of cement through the exchange in two months. The company plans to export more than 50 per cent of its products, about 0.25Mta, to Uzbekistan, according to Business World.
New plant considered for Montenegro
A meeting of Montenegro’s Chamber of Commerce considered the construction of a new cement plant in Pljevlja, which would use the municipality's natural resources. Vlastimir Golubovic, president, noted that the country imported cement to the value of EUR39m in the 9M18, with product worth EUR41.14m imported in 2017. Mr Golubovic also stated that the country's Strategy for the Development of C...
Pakistani cement firms downgraded from MSCI EM Index
Pakistan stock markets may see a repercussion of the MSCI Semi Annual Index Review in the short term. According to market sources, in its November 2018 Semi Annual Review, MSCI has downgraded United Bank (UBL) and Lucky Cement (LUCK) from Standard classification to Small Cap classification. Similarly, Maple Leaf (MCF) and Honda Atlas (HCAR) have been deleted from the Small Cap indexes. Thes...