Cement News tagged: International
Northern Pakistan prices decline
Pakistan cement prices have registered a decline of PKR20/bag during May to PKR415-420/bag from PKR435-440/bag due to the start of wheat harvesting, which created a temporary shortage of labour for the construction industry, sources said on Tuesday. It is traditional for construction activity to slow in April and remain under pressure in the Punjab and and Khyber-Pakhtoonkhwa (KPK) until ...
Heracles Group sales down 37.6% in 1Q12, Greece
Heracles Group of Companies announced sales of EUR43.89m for the first quarter of 2012, a reduction of 37.60% compared with the EUR70.35m in the same period of 2011 as the Greek constructions sector stalls with now sign of a turnaround. At the EBITDA level the group reported a loss of EUR16.59m against EUR9.38m in first quarter last year. Heracles said in a statement,: “The decrease in t...
Hail Cement secures license to exploit raw materials, Saudi Arabia
Saudi Arabia's Hail Cement Co said Tuesday it has secured a license from the Ministry of Petroleum and Mineral Resources to exploit raw limestone and clay in the Green Well area.
Lafarge teams up with UK festival, demonstrates science behind manufacturing processes
Wales’ leading annual festival is set to receive over £10,000 worth of construction material thanks to a special partnership between Lafarge’s Aberthaw Cement Works and its Ewenny stone quarry near Bridgend. The major donation will see the global manufacturer provide stone for the construction of the main site road and access ways for The Eisteddfod Festival, the pinnacle of the Welsh cultu...
Vietnam domestic production seen down 7.2%, Jan-May 2012
Vietnam is estimated to have produced 22.5Mt of cement in the first five months of this year, down 7.2% from a year earlier, the government’s General Statistics Office (GSO) said in its monthly report. Production in the month of May is estimated to have reached 5.5Mt, up 5.5% YoY. The GSO has also revised down Vietnam’s cement output for the first four months of 2012 to 17.1Mt from a pre...
Colombian shipments rise 8.1% in 4M12
During the first four months of 2012, Colombia reported rises in cement production and shipments, according to the Departamento Administrativo Nacional de Estadistica (Dane). Cement production reached 3.5Mt during the period, representing an increase of 6.2% YoY while domestic shipments rose 8.1% to reach 4.4Mt, Jorge Bustamante, director of Dane, said. The largest increases were seen in...
TCL workers expected to return to work, Trinidad
Trinidad Cement Ltd (TCL) are expected to return to work after 90 days of strike action, The Trinidad Guardian reports. President general of the Oilfields Workers’ Trade Union (OWTU) Ancel Roget, who addressed workers outside the plant yesterday, said under the Industrial Relations Act workers had to return to work because the legal 90-day strike period had ended. “If any worker is not a...
Dangote’s Calabar plant nears completion, Nigeria
Dangote Cement’s 6Mta plant in Calabar, Cross-River state is expected to be completed in July, Alhaji Aliko Dangote Chairman of the company has said. Mr Dangote said the plant was almost completed and will be ready within 60 days. Its strategic location means that it will serve the domestic market of Nigeria as well as nearby markets such as Cameroon and Gabon. He added that with the pla...
Lafarge WAPCO to establish a bag manufacturing company, Nigeria
Lafarge WAPCO is poised to establish a bag manufacturing firm in Nigeria to facilitate the packaging of its products. Chairman of Lafarge Cement WAPCO, Chief Olusegun Osunkeye, explained the company was being established in partnership with bag manufacturing experts who have been packaging Lafarge Plc's products worldwide. According to Mr Osunkeye arrangements are in the final stage for th...
Tanga Cement price comment, Tanzania
Tanga Cement's managing director Erik Westerberg has said that is poor and unreliable rail transport is causing an escalation in cement prices in the country. “We are relying on road transport to move our products which is very costly,” Mr Westerberg told East African Business Week during the cement producers AGM last week. “If we were to use rail transport it would reduce the costs of prod...
Gresik to invest in new plants, Indonesia
Indonesian cement producer, PT Semen Gresik, plans to build new cement plants in Sumatra and Java this year with an investment cost of IDR7trn (US$756m), according to reports in the Jakarta Globe. Dwi Soetjipto, president director of state-owned Gresik, said: “We will add the plants to directly support the production process, or the core business of the company.” Semen Gresik will seek a...
Milder weather boosts US February shipments
Total shipments of Portland and blended cement in the United States and Puerto Rico for February 2012 were 4.7Mt, data from the US Geological Survey shows. This was almost 29% higher than shipments in February 2011. Shipments for the year through February were 9.3 Mt, up by about 26%. Although continuing a trend of monthly increases that started in May 2011, the high percentage increase in ...
Czech cement production down 14% in 1Q12
Cement production in the Czech Republic declined 14% YoY to 465,555t in the January-March period due to a drop in construction activity and a cold winter, the Czech Cement Producers Association has said. Domestic consumption and exports also fell, the association told CTK Business News. "A combination of several effects was behind the significant drop in Czech cement production and consumpti...
Anhui Conch outlook
HSBC has upgraded China-based Anhui Conch Cement to Overweight from Neutral, with an unchanged target price of HK$27.20. It tips "value emerging" for China cement sector, as recent price hikes in Hangzhou (in Zhejiang province) helps to stabilise cement prices in Eastern China. The house expects a gradual resumption of railway projects and acceleration of social housing construction to underp...
TCL and Union impasse expected to head to court, Trinidad
The industrial relations dispute between Trinidad Cement Ltd (TCL) and the Oilfields Workers’ Trade Union (OWTU) is expected to go to the Industrial Court for a resolution. T he 90-day strike notices served on TCL and subsidiary Trinidad Packaging on 27 February has now expired. Speaking to the Trinidad Express, OWTU branch president Lawrence Renaud said both parties would have seven days ...
Cemex secures contract to supply concrete for Shetland Gas project
The first batch of concrete from CEMEX UK has been delivered for the construction of a new UK£500m onshore gas plant in the Shetland Islands. The contract, providing over 25,000m3 over 12 months, was awarded by Morrison Construction, Galliford Try’s Scottish construction business. The Cemex solution to providing concrete in one of the remotest parts of Britain is the erection of a mobile plan...