Cement News tagged: International
Indian capacity expansion rate to slow
Faced with overcapacity, the Indian cement industry is likely to slow expansion with an extra 66Mt expected by 2015-16 amidst an expected surge in demand and price, Care Research said. "Over the past few years, cement industry has witnessed huge capacity addition. The capacity has increased from 219Mt in FY09 to 325Mt in FY13, registering a CAGR of 10.4 per cent," said Care Research, a unit ...
Caribbean Cement to increase prices, Jamaica
Caribbean Cement Company Ltd (CCCL) is set to increase cement prices for the third time in 2013, this time due to the depreciation of the Jamaican dollar against the US dollar. In a notice to the Jamaica Stock Exchange, CCCL said that as of 8 July 2013, the price of a bag of Carib Cement OPC will be increased to JMD945.48 (US$9.38), while a bag of Carib Cement Plus will sell for JMD914.53. T...
Madras Cement to construct new grinding unit, India
Madras Cement plans to build a grinding unit in the port city of Visakhapatnam, a port city on the southeast coast of India and the second largest city in the state of Andhra Pradesh. The company already operates two grinding facilities in Tamil Nadu and one in West Bengal. Output from the new milling unit will sold in coastal Andhra Pradesh (with Visakhapatnam being the main market) as well ...
Emirates Cement Factory to supply Barakah nuclear power plant, UAE
Emirates Cement Factory (ECF) has been certified by Korea Electric Power Corporation (KEPCO) and Hyundai Samsung Joint Venture (HSJV) to supply Q Class cement to the Barakah nuclear power plant Units 1 and 2, owned by Emirates Nuclear Energy Corporation, located in Abu Dhabi's western region. ECF, a fully owned subsidiary of Arkan Building Materials, upgraded its quality assurance, quality c...
Orient Cement receives environmental clearance for new plant, India
Orient Cement has received environmental clearance for its 3Mta greenfield plant in Chittapur in Gulbarga district, Karnataka, India. The plant is expected to be ready by the end of December 2015 and will increase the company’s capacity to 8Mta. Orient already operates a plant at Devapur in Adilabad district of Andhra Pradesh and a split-grinding unit at Nashirabad, in Jalgaon district of M...
Indonesia sales growth slows
Indonesian cement sales during the month of May rose at their slowest pace for 17 months as all regions outside Java and Sulawesi registered declines. Following an 8.6 per cent rise in April, nationwide sales during May increased by 2.1 per cent to 4.7Mt, latest data from the country’s leading cement producer Semen Indonesia shows. Sales in Java, which accounts for 55 per cent of the loc...
Vietnam cement production rises 7.2% in 1H13
Vietnam has reported a 7.2 per cent rise in production for the first half of the year to 28.1Mt, the country’s General Statistics Office (GSO) has said. Last month, cement output increased by 21 per cent to 5.3Mt compared to the same month of the previous year, the GSO said in its monthly report on the sector. However, the office has revised down cement production figures for the January...
Nepal sees double-digit rise in imports
Cement imports to Nepal have increased by 15.5 per cent in the first 10 months of the year, according to data from the Trade and Export Promotion Centre. During the review period, Nepal imported NPR3.34bn compared to NPR2.89m in the same period of last year, despite seven new cement factories being established. According to Aatma Ram Murarka, former president of the Nepal Cement Manufact...
Pakistan export earnings up in 11MFY13
During the first 11 months of fiscal FY12-3, Pakistan exported 8.013Mt of cement and earned US$524.68m, up 1.27 per cent and 17.43 per cent, respectively. These latest figures come from Pakistan’s Federal Bureau of Statistics also show that in terms of local currency, the value of exports surged by 27.51 per cent to PKR50.64bn during July 2012-May 2013. Average export prices also rose by 15....
Siggenthal cement works shifts to lignite, Switzerland
Holcim’s Siggenthal cement works in Switzerland is changing over its fuel supply from anthracite to lignite. It is expected to require around 1500t per week to fuel its kiln. The lignite is supplied as pulverised coal from Europe by rail and once at the plant, it is stored in a new steel silo of 55m high and 10m diameter, constructed for the purpose by the cement producer. Two additional ra...
China: concentration is the key
China Cement Association had drafted a plan to promote mergers and acquisitions (M&A) activity and step up the elimination of obsolete capacity to increase concentration of the domestic production base. According to the strategy entitled ‘Implementation Plan for Accelerating M&A in Cement Industry’, the number of cement enterprises in the country will witness a significant drop during the 12t...
Positive start for Semen Baturaja on IDX, Indonesia
Semen Baturaja has received a positive response from the market during its first day of trading on the Indonesian Stock Exchange (IDX). The company’s shares, sold under the code ‘SMBR’, opened at IDR590 (5.9 US cents), or 5.4 per cent higher than its initial public offering price (IPO) of IDR560. The price, which reached its peaked at IDR700 in the afternoon trading session, closed the day ...
Galilei Group plans Angolan investment
The Galilei Group of Portugal plans to enter the Angolan market as part of a joint venture, its chief executive Fernando Lima told local press. Preliminary work on the Cimentos Nacionais Angola (CNA) project has begun, Mr Lima told financial daily Diário Económico, adding that the cement plant will be constructed in partnership with HeidelbergCement. Mr Lima said that construction of ...
Qassim Cement line resumes production, Saudi Arabia
Saudi Arabia-based Qassim Cement Company (QCC) said that a fire which broke out last Wednesday was caused by a fuel leak from the pumping station. Damage from the blaze led to the temporary suspension of one kiln line. However, the company said it embarked on immediate repair measures and production was scheduled to have resumed yesterday. QCC does not expect the kiln stoppage to have a negati...
HeidelbergCement expands its capacity in Liberia
HeidelbergCement has successfully commissioned a new cement mill at its cement grinding plant in Monrovia, the capital city of Liberia. The investment in the new mill, which has a capacity of 0.5Mta, amounted to US$14m. The Liberian subsidiary Cemenco is the only cement producer in Liberia and has a strong market position. The company is part of HeidelbergCement’s network of cement grinding...
Algeria’s cement imports double
Cement imports into Algeria reached US$159.4m in the first five months of 2013, representing a 102 per cent rise when compared with the equivalent period of 2012, according to the National Information and Statistics Centre of the Algerian Customs. In terms of volumes, a 105 per cent rise was noted with tonnage reaching 1.791Mt. The rise is due to the launch of new projects and the resu...