Cement News tagged: International
Colombia’s State Council ratifies Holcim pricing sanction
Following Colombia’s State Council confirmation of a million-dollar sanction imposed by the Superintendency of Industry and Commerce against Cemex Colombia, the country’s High Court confirmed the fine of COP923m to Holcim Colombia SA. The fine was first imposed in 2008 but Holcim Colombia had appealed. The State Council said that there are indications about the existence of market share agr...
El Salvador anti-trust authority starts investigation into cement sector
The Salvadoran anti-trust authority (SC) has started a study that will evaluate the presence of a quasi-monopoly in the production and sale of cement in El Salvador and how it impacts the construction market. The "Competence in the provision of goods and services for construction: cement, asphalt inputs and heavy machinery" investigation, will be carried out by the consulting company of Ar...
Coal India notifies coal e-auction
India’s cement producers, along with other sectors such as the captive power industry, will be able to take part in the fourth auction round of coal linkages, Coal India Ltd (CIL) announced. Some 57Mt of coal were put on offer in the three previous rounds that have taken place since June 2016. The auction is conducted by MSTC Ltd. The entire process of allocating linkages in this way is th...
Pakistan cement industry receives US$54.1m FDI
Pakistan’s cement industry has received a net foreign direct investment (FDI) of US$54.1m in July 2017-May 2018, up 63 per cent when compared with July 2016-May 2017 when FDI reached US$33.3m, according to data published by the Pakistan’s central bank, the State Bank of Pakistan. Overall investment including other sectors slipped from US$2.5bn to US$2.47bn over the same period.
Moroccan cement market contracts 5% in 5M18
Moroccan cement sales fell by 4.8 per cent to 5.76Mt in the first five months of 2018 from 6.05Mt in the 5M17, according to the APC, the country’s cement association. The Casablanca-Settat market was down 6.7 per cent to 1.24Mt, but in Marrakech, the second-largest market. cement sales recovered by 8.4 per cent to 808,561t. Tangier-Tétouan-Al Hoceima saw a 3.3 per cent decrease in dispatche...
Cameroon's four main producers plan expansions
Cameroon's Mira Cement, a new entry to the market, has announced a project to construct a 1Mta plant in Douala. Meanwhile, all of the country's four main producers have plans to expand their production in the coming years, according to The Africa Report. Cimencam began constructing a 0.5Mta facility at Nomayos, outside of Yaoundé, in March. Cimaf Cameroun is set to triple its current 0.5M...
Oman government plans mineral railway network
The government of Oman is planning a mineral railway network for the transportation of raw material for the domestic cement industry and for export. According to media, Oman Rail, a subsidiary of Asyad Group — the government’s transportation and logistics flagship — has been assigned the task of putting together a public-private partnership (PPP) framework that will arrange the financing, exe...
Cement output in Pakistan rises in 10MFY17-18
According to Pakistan's Federal Bureau of Statistics, the large-scale manufacturing sector posted 6.13 per cent growth in the first 10 months of FY17-18 (July 2017-April 2018) as the construction boom continued to drive the consumption of cement and steel, while other sectors also recording growth. Local cement industry production was recorded at 35.015Mt during this period from the 31.116Mt ...
Peru’s consumption stable in May
Peru’s cement market remained largely stable in May with consumption edging up by 0.6 per cent YoY to 0.778Mt and by 2.5 per cent from 0.759Mt the previous month, according to the latest data by Asocem, the country’s cement association. Peru’s cement production rose 3.4 per cent YoY and four per cent MoM to 0.807Mt in April. Clinker production fell 15.1 per cent to 0.636Mt when compared with...
Kerala records INR40 price hike
A INR40 (US$0.59) price hike in Kerala, India, over the past week has been blamed on cement companies and the state’s failure to organise a price regulatory body, according to The Hindu. The price has increased from INR355-360/bag to INR395-400/bag. While cement sales in the state usually record a 20 per cent dip in monsoon season, this price increase has negatively affected the cement supp...
Spain’s cement consumption sees 12% YoY in April
Spanish cement demand rose by 11.7 per cent YoY in April, according to the country’s cement association, Oficemen. The growth has been attributed due to a recovery in housing starts, particularly in large cities such as Madrid and Barcelona, which have seen apartment prices rise in the last three years. In the last 12 months up to April, 12.4Mt of cement were consumed in Spain, which repres...
ACC expects Indian demand to increase by 7% in 2018
India’s ACC expects the country’s cement demands to grow by seven per cent this year, assisted by infrastructure projects and the continued focus on rural development and affordable housing schemes. However, intense competition and insufficient consumption will lead to excess capacity, according to the producer. "The cement industry had a growth of six per cent in 2017 as against 5.1 per...
ARM Cement to relinquish Tanzania assets
ARM Cement will include KES854.6m (US$8.45m) of additional assets in Tanzania to sweeten the deal for buyers of the company’s non-cement business, according to The Citizen. The company reached an agreement to sell its fertiliser and mineral production businesses in Kenya to Swiss firm Omya and Pinner Heights Ltd (PHL), a company owned by its CEO, Pradeed Paunrana, for KES1.6bn. Its latest a...
Taiwanese cement industry records sales surge in May
The Taiwan Stock Exchange (TWSE) has announced that the cement industry was amongst the top three sectors in terms of YoY sales growth in May 2018, alongside the semiconductor and fuel/utility sectors. Over the period, 645 listed companies reported a YoY increase in revenue, while 271 saw a fall. Sales generated by listed cement businesses noted a 34.3 per cent YoY surge in revenue to TWD21....
Mozambique customs service seizes 1440t of cement at border
The Mozambican customs service has defended the seizure on 2 June of 28,800 sacks of cement (1440t) imported from South Africa, despite the insistence by the importing company, Kawena, that such imports are exempt from customs duty. The press attaché of the National Customs Directorate, Fernando Tinga, said that the seizure of the imported cement was because Kawena did not present the legally...
LafargeHolcim plays major role in World Cup stadium construction
LafargeHolcim contributed to the construction and reconstruction of key infrastructure projects in Russia, including eight of the 12 stadiums that will be used for the football tournament. The group's cement plants in Shurovo, Ferzikovo and Volsk and aggregate quarries in Karelia Republic all played a vital role in providing construction materials for stadiums, such as Moscow's flagship Luzh...