Cement News tagged: International
Eastern Province Cement announces new grinding project, Saudi Arabia
Saudi Arabia-based Eastern Province Cement Co (EAPCC) has said it will install a new 150tph grinding mill at a cost of SAR82m (US$21.m). The company said on Saturday it has agreed a deal with a contractor for the new project including engineering work and equipment supply. Completion is expected in 14 months. The name of the contractor currently remains undisclosed. EAPCC said the mill p...
Nigeria: managing the surplus
Earlier this week United Cement Company of Nigeria Ltd (Unicem) became the latest domestic producer to announce a new round of investment as it aims to double capacity by 2016. But with the country's recent drive to increase volumes resulting in the present-day overcapacity situation, particularly in the southwest, how will the market deal with the situation and what measures are producers tak...
Emerging markets continue to play key role in global energy prices
With a sluggish US economy where the fiscal cliff remains a major concern in 1H13 and a recession-hit Eurozone burdened by unaffordable energy import costs, it is clear that most support for global oil demand hinges on the consumption of emerging markets. The economic benefits of globalisation, urbanization and industrialization have led to major advances in productivity, positively impacting ...
Brazil: January sales rise 5.9% YoY
Latest data on the Brazilian cement market shows that cement consumption increased by 5.9 per cent in January 2013 to 5.6Mt. Figures released by Sindicato Nacional da Indústria do Cimento (SNIC), show that for the last 12 months (February 2012 to January 2013), domestic sales reached 68.6Mt, representing an increase of 6.5 per cent on the same period a year ago (February 2011-January 2012)...
Torah Cement inaugurates environmental projects, Egypt
Egypt’s Minister of Environment Khaled Fahmy inaugurated on Tuesday environmental initiatives by Torah Cement. The cement producer has invested US$24m to replace electrostatic filters with fabric ones, according to reports by AllAfrica press. The project will reduce pollution from the factory based in Helwan.
Holcim (US) receives HandsOn South Alabama's Corporate Citizenship Award
Holcim (US) announced today that its Theodore plant located in Theodore, AL, received the Corporate Citizenship Award from HandsOn South Alabama (HOSA) at the organisation’s 31st annual Heart of Gold Awards. The award honors volunteer service. HOSA mobilises volunteers in the community to make a sustainable and measurable impact in education, the environment, economic stability and emergency p...
Boral boosted by Asian acquisition from Lafarge
Boral increased its turnover for the six months to the end of December by 14 per cent to AUD2774m (€2130m) and the EBITDA was ahead by eight per cent to AUD256m (€197m). Without acquisitions, the largest of which was Lafarge's share of the Asian plasterboard business, turnover would have been broadly stable. Trading profit was just three per cent higher at AUD112m (€86m) and after a net int...
Railway projects arouse interest from Indian cement producers
With Indian railways showing a renewed focus on private partnerships, Jindal, Adani and a consortium of cement companies (UltraTech, Prism and Madras Cement) have been linked to several port connectivity projects, according to Business Standard (BS). The railway expects to raise around INR50,000m (US$928.1m) from the investment in port connectivity projects over the next five years. To begin ...
Ukrcement expects cement production decline in 2013
Ukraine's Ukrcement association expects cement production to fall 5-7 per cent (by 489,000-684,000t) in 2013, against 9.089Mta-9.284Mta in 2012, executive director of the association Petro Lopatiyev reported. At the same time, he noted that a number of experts and market dealers consider the forecast to be quite an optimistic one. Lopatiyev noted that the expected slowdown in the cement prod...
Bosnia-Herzegovina: Turkey's GIMAS shows desire to construct Gacko cement plant
Representatives of 'GIMAS' and the mayor of municipality Gacko recently held a meeting with representatives of Enel, Alfa Motor and Dr Boško Vukovic regarding the possibility of building a cement factory in the region. In addition to large reserves of coal and energy production, the Gacko municipality also has significant reserves of limestone, clay and marl, which could serve as the basic r...
Iran raises cement output 6.7%
Iran Daily has announced that some 69.457Mt of cement were produced domestically YoY from February 2012, showing an increase of 6.7 per cent compared to the figure for the same period before, which was 65.116Mt. Iran produced some 65Mt or 1.7 per cent of world cement output in 2012 and ranked fifth in the world in this respect. The secretary of the Guild Association of Cement Producers ...
HeidelbergCement Ukraine names Von Lingen Deputy General Manager
The supervisory board of HeidelbergCement Ukraine, based in Dnipropetrovsk region, appointed David von Lingen Deputy General Manager on 8 February 2013. Von Lingen is appointed Deputy General Manager until 8 July 2014. The company supervisory board also decided to dismiss management board members Roman Osada and Pyotr Grigorchuk, and to appoint Marina Muhodinova a board member. Osada and Gri...
Nigeria: Lafarge wins excellence awards
Lafarge Cement WAPCO Nigeria Plc has won nine awards for excellence from different stakeholders and organisations in the past year. The awards span different keys areas in which the company has made significant impact. The awards include: best risk management business unit, NSITF-NECA workplace safety award, highest dividend growth stock for the year, best media-supporting corporate organisat...
Georgia: HeidelbergCement starts Kaspi plant construction
HeidelbergCement has launched construction of a new cement plant in Kaspi, Shida Kartli region of Georgia. The output of the new factory will be 1Mta and in the future production capacity will be raised to 2.8Mta, the management says. The investment is to expand the exports volume to Turkey, Azerbaijan, Armenia and Russia, the company says. HeidelbergCement launched operation in Georgia in 2...
Industry: Vietnam Vicem sells 20.04Mt of cement and clinker in 2012
Vietnam Cement Industry Corporation (Vicem), the leading cement producer in the country, sold 20.4Mt of cement and clinker in 2012, rising by 8.8 per cent from a year earlier and fulfilling 96.4 per cent of its full-year target. Of the sum, 19.24Mt of cement and clinker was sold in domestic market, up 11.9 per cent YoY, while 801,000t of cement and clinker was exported, down 35.9 per cent Yo...
Nigeria: Gboko cement plant reopens
The reopening of Dangote Cement plant Gboko in Benue state on 1 February 2013 by the management came as a relief to the people of the state, especially those who earn their daily bread from the company. The factory, which was closed down last year as a result of the glut in the domestic cement market, said it will operate at half capacity for now. The decision to reopen the plant was reached...