Cement News tagged: International
Foundation stone laid for Emami Cement's grinding plant, India
The foundation stone for the Emami Cement's new grinding plant was laid by Chief Minister Mamata Banerjee in Panagarh, West Bengal, on Saturday. "The 2Mta capacity unit is to be located at WBIDC Panagarh Industrial Park in Burdwan district of West Bengal at an investment of INR500 crore [INR5bn/US$73m]," a statement by Emami Cement said. The plant is expected to be commissioned by end of the ...
CMA consults on draft GB cement market data order and undertakings
The Competition and Markets Authority (CMA) is consulting on measures to restrict the disclosure and publication of Great Britain cement production and sales volume data. The measures are contained in two documents: the draft Cement Market Data Order and the draft final undertakings. The order proposes to restrict the disclosure and publication of production and sales volume data by cement pr...
Holcim New Zealand opens cement terminal at Port of Timaru
Holcim New Zealand officially opened its new cement terminal at the Port of Timaru on Thursday. The facility includes a 30,000t storage dome – a first for New Zealand – and has unloaded two ships since December, according to local press reports. The Port of Timaru terminal provides Holcim access to the major market of Christchurch, utilising the silo capacity completed in January 2014 at the...
Mexico: cement prices rise 6.7% in 2015
Cement prices in Mexico have risen 6.7 per cent in 2015, according to the National Institute of Statistics and Geography (INEGI). It is the highest price advance recorded since 2008. The increase has been attributed to the strength of the US dollar vs the Mexican peso. In 2015 Cemex, the largest cement producer in the country, hiked its prices by 10 per cent to protect its margins, a step w...
Recognition for Taiheiyo Cement Corp's CSR Report 2015
Taiheiyo Cement Corporation’s CSR Report 2015, published last September, has been awarded the “Excellence prize for special recognition” in the environmental reparation section of the 19th Environmental Communication Awards, sponsored by Japan’s Ministry of the Environment and the Global Environmental Forum. Established in 1997, the Environmental Communication Awards promote efforts in corpor...
Euro area construction output down 1% in 2015
Average production in construction for the year 2015, compared with 2014, decreased by one per cent in the euro area and increased by 0.8 per cent in the EU28, according to first estimates from Eurostat, the statistical office of the European Union. In December 2015 alone, compared with November 2015, seasonally-adjusted production in the building sector fell by 0.6 per cent in the euro ...
India: new CMA president elected
Shailendra Chouksey, whole-time director of JK Lakshmi Cement Ltd, has been unanimously elected as the new president of the Cement Manufacturers' Association of India (CMA). Mr Chouksey previously held the position of vice-president of the association. The CMA elects a new president after every two years. In his new role, Mr Chouksey replaces OP Puranmalka, managing director of UltraTech Ce...
Senegal: cement output increases 13% in 2015
Cement production in Senegal rose 12.9 per cent in 2015 when compared with the previous year, according to the country’s Directorate of Economic Forecasting and Studies (DPEE). Cement producers Sococim and Cements du Sahel expanded their output from 4,939,200t in 2014 to 5,576,000t in 2015. The rise has been mainly attributed to a 22.3 per cent increase in export sales, which jumped fro...
Loan agreed for phase 2 of Song Lam cement plant
The Bank for Investment and Development of Vietnam (BIDV) has agreed to lend the Hoang Phat Vissai Group VND7trn (US$311.11m), the lion's share of which will go towards developing the Song Lam cement plant in the central Vietnamese province of Nghe An. Under the agreement, which was signed at the 2016 Spring Meeting, VND6.02trn of the total will be used to develop Phase 2 of the Song Lam ceme...
Panama’s cement production drops 8.6%
Cement production in Panama fell 8.6 per cent in 2015 as less product was required for the Panama Canal expansion. Total domestic output reached 1.996Mt, down from 2.184Mt in 2014. There was mixed news for the country’s construction sector with a YoY rise in residential building permits of 21.6 per cent to the value of PAB1251m. However, non-residential building permits decreased by 8.6 per...
Lucky 1H performance and project update
One of Pakistan's largest cement producers and exporters, Lucky Cement Co, declared a profit after tax of PKR6255m (US$59.8m) during the first half of fiscal 2015-16, representing a YoY rise of 11.7 per cent. Meanwhile, the company is progressing with plans for a new integrated plant in Pakistan's Punjab province, as well as new waste heat recovery unit at Pezu. The company's volumes over t...
Pakistan: Maple Leaf secures funding for power plant
A consortium of Pakistan banks has opened a letter of credit to Maple Leaf Cement Ltd's (MLCF) via its wholly-owned subsidiary Maple Leaf Power Ltd amounting to US$27.20m for the import of a complete 40MW coal-fired power plant. The consortium consists of the Bank of Punjab, National Bank of Pakistan and MCB Bank Ltd. Maple Leaf Power has signed an agreement with Sinoma Energy Conservatio...
Buzzi Unicem strengthens US distribution network
Buzzi Unicem has added three new terminals to its distribution network, acquired after the merger between Lafarge and Holcim. Located in Rock Island (IL), Grandville (MI) and Elmira (MI), the terminals will serve new markets for Buzzi. Rock Island terminal has a cement distribution capacity of around 70,000tpa. Cement is delivered to the terminal from Buzzi's Selma (MO) plant by barge alon...
Arabian Cement Co launches new cement brand in Egypt
Arabian Cement Company (ACC) recently announced the launch of its latest OPC brand in Egypt, under the brand name "Al Nasr". "We are extremely pleased to announce launching our new cement brand in Egypt, which reinforces our position as one of the largest cement producers in the market," said Jose Maria Magrina, ACC chief executive officer. "Projected to increase our competitiveness in the ...
ZCCM plans cement and power investment
Zambia-based ZCCM Investments Holdings is expected to develop a cement plant and 52MW thermal power and Ndola as part of the company’s diversification programme. ZCCM-IH will team up with private investors for the projects, and it is also collaborating with local and international financial institutions on the financing of the projects, according to local press. Pius Kasolo, CEO of ZCCM-IH...
Spain: January cement demand falls 1% in January 2016
Cement consumption in Spain slipped by one per cent YoY to 747,416t in January 2016, according to Oficemen, the country’s cement association. In light of the evolution of last month's data, Oficemen wants to make a fresh appeal to the different public administrations to take into account plans such as Crecimenta 20 · 30, recently released by the cement sector. "It proposed 25 measures to in...