Cement News tagged: International
India: UltraTech outlines upcoming greenfield expansion
Following its planned takeover of two cement plants owned by the Jaypee group, UltraTech has outlined its next phase of greenfield expansion. India’s largest cement producer is planning to set up two greenfield grinding units in Bihar and West Bengal, according to managing director OP Puranmalka. In addition, the company plans to build a bulk terminal in Maharashtra to enhance transport and ...
Honduran cement price to hold
Following a suggestion by Silvio Larios, general manager of the Honduran Chamber of the Construction Industry (Chico), to revise the price of cement, representatives of the cement industry announced that the price of a bag of grey cement will not fall. The manager of Cementos del Norte, Juan Carlos Sikaffy, said most cement producers use coal in the firing of their kilns and not fuel oil. ...
Russia: Angarsk Cement full-year output up 8% YoY
Angarsk Cement and Mining Plant increased the output of cement to 770,000t in 2014, up eight per cent YoY. Clinker production edged ahead one per cent to 624,000t. The plant targets minimum cement production of a minimum of 715,000t this year.
Indonesia: a return to higher ground?
As Indonesia’s cement sales growth disappointed last year, the industry is hoping a revival of government infrastructure spending will help overcome recent challenges and return demand levels to higher ground. From strong double-digit growth rates experienced in the 2011-12 period, Indonesian cement volume expansion has been slowing over the past two years. Latest industry figures show that...
St Marys Cement considers options to enhance capacity
St Marys Cement Inc, part of Votorantim Cimentos, is considering modernising its cement plant in Charlevoix, Michigan, or reopening its Dixon facility in Illinois, on the back of recovering US demand. Presenting a potential project during a public hearing with the Charlevoix Township Board of Trustees meeting, Marty Fallon, CEO of Votorantim Cement North America/St Marys Cement Inc, said th...
Vicem sales exceed full-year target
State-owned Vietnam Cement Industry Corporation (Vicem) sales rose by 3.2 per cent from a year ago and exceeded the year’s target by 5.7 per cent boosted by higher exports. For the full year, the country’s leading cement producer sold approximately 24.64Mt of cement and clinker. Of the total, 18.68Mt of cement and clinker were sold in the domestic market, down 2.7 per cent YoY, and 3.4Mt wer...
Kenya: Savannah Cement selects database management system
Kenya’s Savannah Cement Ltd has selected the SAP® ERP application powered by SAP HANA® to improve its operational reporting, real time planning and forecasting. Savannah Cement is one of the newest entrants into the cement market in Kenya, with a 1.5Mta cement plant strategically located near the capital Nairobi. "SAP HANA has changed our view of database management and greatly simplified ...
Saudi Cement Co 4Q net profit up 8.91%
Saudi Cement Co has posted a 8.91 per cent rise in fourth-quarter net profit to SAR269m (US$71.7m) from SAR247m and 16 per cent QoQ from SAR232m. The YoY rise in fourth-quarter net earnings was attributed to higher sales due to improved local demand. The cement producer reported SAR1075m net profit for the fiscal year 2014, a decline by four per cent from SAR1124m a year earlier. The company ...
Tajikistan to add further capacity over 2015-16
Tajikistan’s Ministry of Industry and New Technologies has said that six new cement plants will be put into operation in Tajikistan in 2015 and 2016, according to reports by Avesta news agency. Tajik-Chinese joint venture Tajchina has already started construction of a 1.2Mta cement plant, the report stated. Morever, new cement plants will also be built in Dangara, Bobojon Gafurov, and Isfara ...
Saudi monthly cement sales up 17% YoY
Saudi Arabian cement sales in December 2014 rose 17 per cent YoY to 5.59Mt from 4.79Mt in the same month of the year before, latest statistics published by domestic producer Yamama Cement Co reveal. Saudi Cement Co registered the largest sales volume during the month with 785,000t, followed by Southern Province Cement (769,000t) and Yanbu Cement (623,000t). The highest YoY increase in Dec...
Honduras: Chico calls for lower cement prices
The Honduran Chamber of the Construction Industry (Chico) has requested cement producers to revise the price of bagged grey cement. Cement companies have maintained the price of HNL168.50 (US$8.02) per 42.5kg in Tegucigalpa with variations from one location to another on the back of transport costs. The monthly economic activity index (IMAE) released by the Central Bank of Honduras reports ...
Lucky Cement gets go-ahead for coal power plant investment
Lucky Cement Ltd's Board of Directors has approved the investment of around PKR27bn (US$268.4m) to set up a 660MW coal-based power plant in Karachi, Pakistan. Under the name of Lucky Electric Power Co Ltd (LEPCL) the power plant will be wholly-owned by Lucky Cement and will be financed with a debt/ equity ratio of 75:25. The announcement comes shortly after fellow-Pakistan producer Attock ...
Ghorahai works halts production
Nepal-based producer Ghorahai Cement Industry (GCI) has halted output at its cement plant in the Dang district as protests by tipper operators disrupt the flow of production. The tippers, which supply raw materials to the cement factory, have remained off the road for nine days, as operators call for a revision in the transportation charge. "We have not been able to produce cement for the pas...
Steppe Cement preliminary full-year update
Kazakhstan-based producer Steppe Cement Ltd achieved a cement sales volume of 1.61Mt in 2014, up 18 per cent on the over the 1.3Mt in the previous year. Revenue for the year ended 31 December 2014 was KZT20,925m, seven per cent higher than the KZT19,469m recorded for the corresponding year ended 31 December 2013. The average price (ex-VAT) for delivered cement was KZT12,975/t, down nine pe...
PCA: construction recovery continues to expand
Construction recovery in the US continues to expand and all regions are expected to participate in 2015, according to the PCA State Construction and Cement Forecast report, 2014-15. Favourable demographics, pent-up demand, and improved confidence will help fuel the stronger relative growth, the association notes. The recently-released state forecast expects the strongest rates of cement growt...
Indonesia: Semen Bosowa sets aside US$500m for expansion
Semen Bosowa is setting aside US$500m this year to expand capacity in anticipation of a pick-up in demand across the country. The company is building cement plants in Maros (South Sulawesi), Ciwandan (Banten), Banyuwangi, (East Java), Rembang, (Central Java) and Sorong (West Papua). The plants would boost the group’s cement production capacity to 12Mta over the next three years from 3Mta of p...