Cement News tagged: International
Iran cement prices set to increase
Iranian cement prices are set to increase by 14-21 per cent in the next Iranian calendar year (starting 21 March 2014), local press have reported. The Iran Cement Producers Association and the Industry, Mine and Trade Ministry earlier this year signed an agreement allowing the association to decide on prices, Iran’s ISNA News Agency reported. During the current year, prices rose by 14-21....
Cemex supports Typhoon Haiyan reconstruction efforts, Philippines
Cemex’s global internal fundraising campaign raised US$500,000 in donations from its employees and the company’s two-to-one matching contribution. In the wake of Typhoon Haiyan in the Philippines, Cemex launched a global internal fundraising campaign that amassed US$500,000 in donations from its worldwide employees and the company’s two-to-one matching contribution. These donations are now be...
Port-Daniel project spurs creation of advocacy group, Canada
The British Columbia government's recent announcement of a massive investment of public funds in a new cement plant project in Port-Daniel-Gascons has spurred the creation of an advocacy group calling for a fair and equitable competitive environment to be maintained for the cement industry in Quebec. The Regroupement pour l'équité dans l'industrie cimentière québécoise, which consists of rep...
Hope Construction Materials calls for UK stimulus measures
Ahead of the UK Budget announcement tomorrow, the chairman of the country’s leading independent cement producer is calling on the government to stimulate demand to ensure sustainable growth. Amit Bhatia, chairman of Hope Construction Materials, told CemNet News: “I’m a firm believer in British manufacturing and think the government should seek to stimulate demand in the economy to allow UK fi...
Brazilian Jan-Feb sales ahead YoY
Brazilian cement sales in the first two months of 2014 increased by 8.7 per cent to 11.5Mt. Based on the number of days worked, the increase was four per cent YoY. In February 2014 alone, sales reached 5.6Mt, up 0.8 per cent compared to the year before based on the number of days worked.
Saudi Cement to retire three kiln lines
Saudi Cement Co (SCC) is to permanently cease of operations of three kiln lines Hofuf plant due to their age, higher operating costs and lower environmental efficiency. The company had restarted Lines 1, 2 and 3 at the Hofuf works at the end of last year due to rising demand and market pressures at the time. However, the decision has now been made to close these kilns and remove them from th...
CIMA launches alternative fuels system, Malaysia
Cement Industries of Malaysia (CIMA) has installed an alternative fuels combustion system from Japan’s Taiheiyo Engineering Corp (TEC) to enable it to use tyres and biomass as a fuel source. Speaking to reporters during the ceremony to mark completion of the project, Mohd Yusri, managing director of CIMA said: "With this state-of-the-art technology by TEC in place, we can reduce energy costs ...
SCG Myanmar plant scheduled for 2016 completion
Construction of Siam Cement Group’s (SCG) new 2Mta plant in Myanmar is progressing well with completion is scheduled for 2016, Chana Poomee, country director of SCG in Myanmar, has said. Mr Poomee told The Nation newspaper that the project has received full support from the government and Mon State. Work currently underway includes construction of a new 20km road while the company is also rep...
Hi-Bond Cement to set up Rajasthan works, India
Hi-Bond Cement plans to set up a greenfield plant in the state of Rajasthan to tap the north Indian market. The company has approached the Rajasthan government with a proposal for the plant, which is expected to have an initial capacity of 3Mta, and has identified seven locations in the state, Rajan Vadalia, managing director of Hi-Bond Cement told Business Standard (India). The project cos...
Asia Cement (China) seeks M&A activity, strategic alliances
Asia Cement’s China subsidiary is seeking mergers and acquisition opportunities, as well as the creation of strategic alliances, to raise production capacity and boost its competitive edge. Asia Cement (China) will target cement producers in China, including small and medium-sized firms in different regions. In early January, Asia Cement and its Chinese subsidiary singed a strategic partner...
Polish sales boosted by favourable weather
Polish cement sales were 40 per cent higher in February 2014 than a year ago, latest data from the Polish Cement Association (SPC) shows. Sales hit 1.29Mt as favourable weather and signs of a construction recovery boosted results. Cement production went up 33.7 per cent in February compared to the respective month of last year to reach 1.14Mt. This year, cement sales are expected to reac...
Adelaide Brighton flags potential profit hit
Adelaide Brighton Ltd has cautioned that potential changes to a South Australian cement supply deal could result in a AUD15m profit hit. The company has warned one of its customers has proposed constructing facilities in Adelaide which would allow it to supply its own cement in the state. Adelaide Brighton says the customer now buys about 120,000t of cement in SA. If the company were t...
UniCem begins construction of new line, Nigeria
United Cement Company of Nigeria (UNICEM) has started construction of its second line to meet growing demand for cement in Nigeria. Addressing journalists in Calabar, Olivier Lenoir, managing director of the company, said that the new 2.5Mta line will double UniCem’s existing capacity to 5Mta upon completion in 2016. Sinoma of China is constructing the new kiln line. The project also include...
Asia Cement attributable profit surges
Asia Cement (China) said its profit attributable to owners for the year ended 31 December 2013 surged 108 per cent YoY to CNY823m (US$133.8m). Its basic and diluted earnings per share were CNY52.9 cents. The revenue was CNY7.33bn, an increase of 9.7 per cent from a year earlier. Gross profit rose 44.1 per cent YoY to CNY1.62bn, a gross profit margin of 22 per cent, up from 17 per cent ...
Argentina: monthly cement demand slips
In February 2014, dispatches from Argentina’s cement plants fell 13.9 per cent MoM to 802,573t, including exports. However, YoY the drop was more modest at 4.4 per cent, data from domestic association AFCP reveals. Domestic cement consumption saw a similar MoM and a 3.1 per cent YoY decrease with cement producers delivering 783,917t. No imports were recorded.
Pakistan February sales 8.7% higher
Pakistan cement sales rose by 8.7 per cent YoY in February 2014 to 2.135Mt, led by strong demand from the domestic market. The All Pakistan Cement Manufacturers Association (APCMA) revealed that during the first eight months of the current fiscal, local dispatches stood at 16.274Mt, representing growth of 2.9 per cent YoY. “We are getting healthy demands from the domestic market,” he said...