Cement News tagged: International
Ecuador monthly sales up 4.61%
Ecuador cement sales during October 2014 reached 602,748t, up 4.61 per cent compared to the previous month. Accumulated sales over the first 10 months of this year were 5.381Mt, according to the latest data from domestic cement association INECYC.
Egypt: National Cement Company to invest in coal usage
Egypt's National Cement Company will invest at least EGP150m (US$20.9m) to convert from the use of gas to coal, according to the company's CFO, Ahmad Saad. Speaking in an interview with Al-Mal newspaper, Mr Saad said National Cement will rerun a tender for the supply of a coal mill as the first effort ended with only one submitted offer. In addition, the company seeks to nearly double i...
Peru: exports offset domestic sales slip
Peru’s cement market remained stable in October as domestic sales slipped slightly from 967,000t in October 2013 to 965,000t, according to Asocem, the country’s cement association. However, local producers saw a more marked YoY fall in output from 944,000t to 983,000t. The modest loss in domestic cement sales was successfully compensated for by a 50 per cent YoY rise in cement exports as ce...
Shree Cement gets go-ahead for Bihar plant, India
The state government of Bihar has approved Shree Cement’s plans for a new cement plant in the Aurangabad district. Informing about the Cabinet decision, B Pradhan, Principal Secretary of the Cabinet Secretariat told reporters: “The company had proposed to set up a cement plant with a production capacity of 20 lakh metric tonnes per annum [2Mta]. It will also have a 12MW biomass based captive ...
Cement Association of Canada applauds government's renewed Gas Tax Fund
The Cement Association of Canada (CAC) applauds the Government of Canada and the Minister of Infrastructure, Communities and Intergovernmental Affairs and Minister of the Economic Development Agency of Canada for the Regions of Quebec, the Honourable Denis Lebel, for delivering on the government's commitment to support local infrastructure priorities with the renewed Gas Tax Fund. The CAC com...
Sibirsky Cement anticipates 2015 sales decline
Russian concrete producer Sibirsky Cement expects its sales to decrease by per cent YoY in 2015, First Vice President Gennady Rasskazov told reporters. “We are making budget plans for next year, but I think that it (sales) will stand at 4-4.1Mt,” Rasskazov said. In 2014, sales are expected to remain flat from the previous year and stand at around 4.3Mt, he said.
Vicem October sales up 19% YoY
State-owned Vietnam Cement Industry Corporation (Vicem) said it sold 2.09Mt of cement and clinker in October, rising 18.9 per cent from a year ago. Of the volume, 1.65Mt of cement and clinker were sold in domestic market, up 10.7 per cent YoY, and 439,000t were exported, rising 65 per cent. In the first 10 months, Vicem’s clinker and cement sales rose 3.2 per cent YoY to 18.22Mt, of which ...
Competition Commission clears Shree acquisition of Jaiprakash unit
The Competition Commission of India (CCI) said it has approved a proposal of Shree Cement to acquire Jaiprakash Associates' 1.5Mta grinding unit in Haryana, saying the deal will not raise anti-competition concerns. The proposed deal involves the transfer of the cement grinding unit at Haryana's Panipat owned by Jaiprakash Associates to Shree Cements by way of a slump sale, a notification...
Mozambique: Cimentos da Beira awards Ambrian subsidiary purchasing contract
Ambrian PLC said Monday that its wholly-owned subsidiary Ambrian (Singapore) Pte Ltd has entered into an agency agreement with Cimentos da Beira Ltda. Under the agreement the company is to be exclusively appointed as Cimentos da Beira's worldwide purchasing agent or supplier of raw materials for producing cement products at its grinding and cement packing operations in Beira, Mozambique, fo...
Holcim names new Area Manager for Africa Middle East
Dominique Drouet, CEO of Holcim Morocco, has been appointed Area Manager for Africa Middle East and member of Senior Management of Holcim Ltd, effective 1 January 2015. He will assume this responsibility in addition to his current role. Mr Drouet replaces Javier de Benito who has decided to to take up a new challenge outside the group, Holcim said in a statement. Mr Drouet joined Holcim in ...
Cemex: helping to build a Greater Britain
In the past 18 months, Cemex has been an integral part of some of the most important infrastructure projects in the UK with a direct impact on its residents’ quality of life, from an airport terminal, to upgrading London’s 150-year-old sewage system, to a remote onshore energy plant. “Cemex focuses on markets where we can sustain long-term profitable growth, and fulfill our responsibilities a...
Holcim: 2015 expected to be "solid year"
Holcim expects 2015 to be a “solid year” for the group as it aims to achieve substantial improvement of its results. In a statement released ahead of today's Holcim Investor and Analyst Day 2014, the Swiss cement major said it anticipates 2015 like-for-like operating profit (excluding merger-related costs) to be in the range of CHF2.7-2.9bn (EUR2.2-2.4bn/US$2.8-3bn). Group companies in In...
US nine-month shipments preliminary data
Total shipments of Portland and blended cement in the US and Puerto Rico for the first nine months of the year reached 66.292Mt, preliminary data released by the US Geological Survey (USGS) yesterday shows. Of the total figure, domestic shipments accounted for 60.916Mt and imports for 5.376Mt. In September alone, shipments amounted to 9.006Mt, including 8.235Mt of domestic shipments and 770,8...
Vietnam cement sales exceed 40Mt
Vietnam cement companies sold 41.54Mt of cement in the domestic market in the first 10 months of this year, including 4.27Mt in October, the country’s Ministry of Construction (MoC) said. The 10-month figure accounted for 85.6 per cent of the year’s target, the ministry said on its website, giving no YoY comparative figures. Clinker and cement exports were estimated at 11.68Mt over the J...
Spain’s monthly demand advances 5% YoY
Cement consumption in Spain increased by five per cent to 1,037,219t in October when compared with the same period last year, latest data from domestic association Oficemen shows. Despite the industry’s recovery still being far off, October’s advance is the second consecutive monthly rise following September’s 6.1 per cent YoY increase. In the first 10 months of 2014, cement demand slippe...
Gansu Shangfeng Cement in Kyrgyzstan joint venture
Gansu Shangfeng Cement Co says its wholly-owned Zhejiang Shangfeng Building Materials unit is to set up a joint venture with ZETH International in Kyrgyzstan with registered capital of CNY200m (US$32.66m). Gansu Shangfeng Cement Co says its wholly-owned Zhejiang Shangfeng Building Materials unit is to set up a joint venture with ZETH International in Kyrgyzstan. The joint venture will bu...