Cement News tagged: International
Morroco to add 5.9Mta of new capacity by 2017
Competition is intensifying in the cement sector in Morocco, as existing players gear up for another phase of capacity development. While cement demand cooled in 2012 following double-digit growth the year before, the mid-term outlook is positive, and domestic players are now planning new facilities in a bid to maintain market share. Ciments de L'Atlas (CIMAT) has confirmed plans to build a ...
Bangladesh: strike disrupts inland clinker transport
An indefinite strike by the Bangladesh River Transport Workers’ Federation has disrupted the transport of imported clinker from Chittagong Port to cement plants through inland rivers. No clinker has been transported since Wednesday due to the strike, a spokesman of Chittagong Port told CemNet News. The offloading of 12 foreign-flag vessels laden with 466,651t of clinker at the port is expec...
JP Morgan cautious near term outlook on India cement sector
JP Morgan cautions the near-term outlook for Indian cement companies remains "hazy", in contrast with market consensus for a strong V-shaped recovery in infrastructure spending over the next 12 months. The investment bank says a growth in industry demand of more than eight per cent is unlikely over the next two years, as capacity will continue to outpace demand. (Source: Reuters.)
SINOMA accelerates southwest expansion with Taiwan Cement
China National Materials Group Corporation Ltd (SINOMA) and Taiwan Cement Corporation recently inked agreement in Hong Kong for strategic cooperation. Both sides will exchange information, boost regional production capacity, share technology and experience, make full advantage of Taiwan Cement's involvement in waste treatment, green mining and exploration, CO2 capture, micro-algae carbon fixa...
Kenya: KES12bn Pokot cement factory to be completed next year
Investors in the KES12bn cement factory in Pokot have pledged to complete the project next year after revising its implementation plan. The project was initially scheduled to end this year. CEO of the Cemtech Sanghi Group, Rajesh Kumar Rawal, has dispelled fears that the project may not take off. "Its a complex project but we are committed to completing it within the next 15 months so that i...
West Africa: Dangote Cement to meet demand
With the rising concern of unavailability of cement during certain times of the year in Ghana and the rapid infrastructure development of many economies in Africa, especially the sub region, Dangote has positioned itself to meet the supply needs of estate and private home developers. “We are expanding the capacity of the Ibese plant, which already has two mills which produce a total of 6Mta,...
Egypt: National Cement denies production stoppage due to high energy prices
National Cement denied news claiming that company"s operations will be halted due to higher gas and mazout prices. The company added, in a release responding to Egyptian Stock Exchange inquiries that, this news is totally untrue. The company pointed out that, it is studying means of using alternative fuel in production.
India: Reliance Cement marketing campaign
Reliance Cement, a 100% subsidiary of Reliance Infrastructure, is currently in the middle of a six-month campaign to better promote its OOH cement brand that was initially launched in 2007. One creative of the campaign showcases a huge cement bag placed on the billboard. The bag is shown pouring cement on a person, making him look like a cement man. In another marketing banner, a huge moving...
Swiss cement deliveries see 2012 setback
Domestic cement sales in Switzerland saw a 6.2 per cent decline in 2012, latest data from the domestic cement association, Cemsuisse shows. For full year 2012, domestic sales reached 4.395Mt compared to 4.687Mt in 2011. The country was affected by a long period of adverse weather conditions during the spring which led to first quarter deliveries being down by 22 per cent. In the fourth q...
Vietnam 2012 sales fall 3.5% YoY
Total cement sales in Vietnam (domestic plus exports) in 2012 fell 3.5 per cent YoY to 54Mt. A recent update by the Vietnam Cement Association (VNCA) shows domestic sales were down 7.71 per cent YoY to 45.5Mt during the year as a frozen real estate market hurt local demand. Cement and clinker exports, however, rose by 30 per cent to 8.5Mt. Vietnam’s cement sales are predicted to rise by ...
Tunisia domestic sales rise during Jan-November 2012
Tunisia has reported a double-digit rise in cement sales for the first 11 months of 2012 while exports saw a significant drop over the same period. Domestic sales rose by 11.6 per cent during January-November 2012 to 6.559Mt from 5.875Mt recorded in the first 11 months of 2011. Production, meanwhile, rose 10.7 per cent to 6.787Mt from 6.13Mt in the corresponding period of 2011. Exports...
Cemento Andino breaks production records
Venezuela’s Cemento Andino broke major records in production and delivery, according to reports by Cesar Villareal, general manager of the Trujillo group. For the full-year, the company produced 586,000t of cement. The 2012 figure comes after the company broke historical production records in January, November and December, when the monthly output reached 65,756t, 65,521t and 67,000t, respect...
Fiji Industries denies cement shortage
Fiji Industries Ltd (FIL) has denied claims made by the special administrator of Suva City Council (SCC) of a cement shortage. Suva City Council’s (SCC) special administrator, Chandu Umaria, has claimed that the Terry Walk pathway construction project was facing delays because of a shortage of cement supplies. Umaria maintained that SCC’s cement distributor was not supplied with adequate vo...
Pakistan first-half domestic sales rise, exports remain under pressure
Pakistan has recorded a rise in domestic cement sales in the first half of the current fiscal but export levels continue to remain under pressure. Latest data from the All Pakistan Cement Manufacturers’ Association (APCMA) shows that local dispatches in 1HFY12-13 rose by 7.61 per cent to 11.728Mt YoY however exports declined by 5.28 per cent during the period to 4.22Mt. Cement units lo...
Federal government steps in to help resolve oversupply dispute, Nigeria
Nigeria’s Federal Ministry of Trade and Investment has stepped in to mediate in a dispute over a supply surplus being created in the local industry. Last week, a statement by Dangote Cement's head of corporate communications Anthony Chiejina said that Dangote and Lafarge WAPCO Cement were worried about Ibeto Cement Company continuing to import cement into Nigeria, despite the capacity of lo...
Chettinad Cement seeks shareholders’ approval for delisting, India
India-based cement producer Chettinad Cement Corporation has begun seeking shareholders approval to delist from the three Indian stock exchanges on which it trades. The company is listed on the National Stock Exchange (NSE), Madras Stock Exchange (MSE) and Bombay Stock Exchange (BSE). Promoter group company Chettinad Holdings Pvt plans to acquire 11.56 per cent of the equity to take ful...