Cement News tagged: International
Indonesia ranks Vietnam’s top importer over Jan-May 2014
Indonesia accounted for the largest share of Vietnam’s exports over the first five months of this year, according to data from the Vietnamese Ministry of Industry and Trade. Indonesia imported 1.27Mt of cement and clinker from Vietnam, representing 12 per cent of sales over the January-May 2014 period. Taiwan ranked second with 581,600t, followed by Malaysia (423,371t), Chile (215,000t), Ca...
Argentina cement sales slip 1.8% YoY
Argentina's cement deliveries fell 2.5 per cent MoM from 919,866t in May and 1.8 per cent YoY from 913,101t in June 2013 to 896,860t, according to the latest data from the country's cement association AFCP. Exports reached 14,637t in June, up 57 per cent from 9336t the previous month, but down 19 per cent from 18,030t noted in June 2013. For 1H14, Argentina's cement producers delivered 5...
Lucky Cement plans Karachi coal-based power plant
Lucky Cement plans to invest in a coal-based power plant in Karachi, Pakistan, through its subsidiary Lucky Holdings Limited (LHL). The board is recommending to shareholders the approval of the US$200m investment to be set up by a new entity under the name of Lucky Electric Power Company Ltd, of which Lucky Cement would own a 75 per cent stake through LHL and has agreed to maintain at least...
Peru: June cement sales advance 0.84%
Cement shipments in Peru in June advanced 1.5 per cent to 807,953t in June 2014 from 795,896t in the same month last year, according to the country's cement producers' association, Asocem. For the January-July 2014 period, domestic sales edged up 0.84 per cent to 4,944,327t when compared to the equivalent period last year. Cement exports registered an increase of 25.9 per cent YoY to 116,17...
SCG prepares to launch flagship products to Indonesian market
Siam Cement Group (SCG) is preparing to introduce its three flagship products to the Indonesian market, a country high on the Thai building materials major's agenda as it looks to extend its southeast Asian presence. The three products are SCG’s energy-saving lightweight concrete SCG Smartblock, the quick-to-dry Portland composite cement SCG Cement PCC, and the ready-mixed concrete Jayamix b...
Spanish consumption woes continue
Spain's cement consumption fell two per cent YoY to 967,790t in June, according to the latest data from Oficemen, the country's cement association. The latest set of figures brings the total for the 1H14 to 5.2Mt, indicating a market contraction of 3.2 per cent over the same period of 2013. Isidoro Miranda, chairman, and Aniceto Zaragoza, CEO of Oficemen, have said they expect the year to c...
OCL India inaugurates Bengal Cement Works
OCL India Ltd, the flagship associate company of Dalmia Cement Bharat Ltd, announced the commissioning of its cement manufacturing unit at West Midnapore, West Bengal. Mamata Banerjee, Chief Minister of West Bengal, inaugurates the Bengal Cement Works, a unit of OCL India Ltd. Source: Dalmia Bharat Ltd The Bengal Cement Works was officially inaugurated by Chief Minister of W...
Improving demand outlook for SCC, Thailand
Despite demand for cement and building materials yet to show signs of recovery in Thailand, consumption is expected to improve, particularly from next year, according to a recent report. Analysts at TISCO Securities believe the economic policy of the new government will help boost domestic consumption and raise public investments, which will turn to demand for basic materials, e.g. cement, ...
Decline in housing starts dent Moroccan demand
The first half of 2014 has seen cement sales in Morocco experience a 4.4 per cent decline to 7.435Mt, latest figures released by the country's cement producers' association, APC, show. Industry analysts expect Morocco to experience a further year of decreasing sales after deliveries to the domestic market were down 6.3 per cent YoY at the end of 2013. According to Attaijari Intermediation, ...
Saudi Cement posts second-quarter net profit drop
Saudi Cement posted a 6.2 per cent drop in second-quarter net profit on Monday as declining sales impact revenue. The kingdom’s largest listed cement producer by market value made a net profit of SAR288m (US$76.8m) in the three months to the end of June 2014, compared to SAR307m in the comparative period of last year.
Lucky Cement refutes QWP claims, Pakistan
Lucky Cement has countered claims by local political party representatives who allege the insufficient provision of royalties and social sector initiatives to the district in which the cement producer operates. Last week, it was reported that Imranullah Begukhel, general secretary for the Qaumi Watan Party (QWP), and representatives for the Begukhel, Samandi and Darra Tang union councils were...
Indonesia sales growth slows in first six months
Indonesian cement sales growth has slowed in the first six months of the year, leading to concerns that the country may miss its full year target. For the six months to the end of June 2014, domestic sales reached 28.9Mt, up 3.9 per cent YoY but well below the full-year growth target of six per cent. According to data from the Indonesian Cement Association (ASI), cement demand on the is...
Diamond Cement’s new Congo works on track for 2Q15 start
The construction of Diamond Cement’s plant in Mindouli in the Republic of Congo is now around 40 per cent complete and is on-track for completion in the second quarter of 2015. The new works will have a cement production of 0.6Mta in the first stage, with the option to expand this to 1Mta. Once completed, Congo will have three cement works, including the 0.3Mta Sonnoc-based Loutété in B...
Iran first-quarter exports exceed 5Mt
Iran exported over 5.07Mt of cement and clinker during the first quarter of the Iranian year, according to local news reports. In the third Iranian calendar month of Khordad (22 May - 21 June 2014), cement and clinker exports totaled over 1.203Mt and 398,798t, respectively, the Mehr News Agency reported on Sunday. In the previous Iranian calendar year, which ended on 20 March 2014, exports...
Tvornica Cementa Kakanj environmental upgrade investment
Bosnia-based producer Tvornica Cementa Kakanj plans to invest BAM20m (EUR10.225m) to upgrade its facilities and improve its environmental performance. The investment covers the period from 2013 to 2018. This year alone, Tvornica Cementa Kakanj (TCK) plans to invest BAM5m mainly on modernising its cement mills and dust collection system, news portal Indikator.ba said, quoting the company’s no...
Ciments Calcia opens new distribution centre in Paris
Ciments Calcia opened a new distribution centre in the 13th arrondissement of Paris, France, on 4 July 2014, designed by Vib Architecture. The centre consists of two 20m dia silos that rise to a height of 37m. A third cylinder, which has a cut-out design includes a lift and a wrap-round metal staircase. The facility, which was cast in slipform, took three weeks to build.