Cement News tagged: International
Addoha Group to construct Cameroon plant
Morroco's leading home builder Addoha Group will start construction of a EUR20m (US$25.9m) cement plant this month in Cameroon's economic capital Douala, the company said on Wednesday. The plant will have a capacity of 0.5Mta, Addoha Group President Anas Sefrioui said over state radio after a meeting with Cameroon President Paul Biya. He added that Addoha intends to invest in the constructio...
Vietnam four-month sales at 14.7Mt
Vietnam’s cement sales stood at 14.7Mt in the first four months of this year, fulfilling 26.8% of the whole-year target, including 4.73Mt in April. The country also produced 14.85Mt of cement in Jan-Apr period, making up 27% of the whole-year target, including 4.81Mt in April, the Ministry of Construction said on its website late Wednesday. Meanwhile its cement exports stood at US$53.6m, ...
Kercim to begin production in 2013
Newly established cement company, Kercim will complete the construction of its plant, in Montoir-de-Bretagne, western France, by the end of this year. Production will start at the beginning of 2013. Kercim has invested EUR44m in the facility has a cement capacity of 600,000tpa. Abstracted from an original article in Les Echos
Indocement to invest US$109m on expansion
PT Indocement Tunggal Prakarsa, part of the HeidelbergCement group, is to spend more than IDR1trn (US$109m) this year on expansion, according to reports in the Jakarta Post. Following the company’s annual and extraordinary shareholders meeting on Tuesday, director Kuky Permana, said that one of the company’s main projects would be the construction of a new 4.4Mta plant in Citereup, Bogor, W...
Semen Bosowa begins construction of East Java plant, Indonesia
PT Semen Bosowa has started the construction of its 1.2Mta cement factory in East Java with a groundbreaking ceremony in the presence of Indonesia’s Industry Minister MS Hidayat , the Jakarta Post reports. This is the company’s third cement plant and will be located in Banyawangi. The company plans to serve the eastern parts of Java in addition to Bali and Nusa Tenggara. “PT Semen Bosowa...
Algeria state-owned production targets
Cement production by 12 state-owned cement works under Algeria’s industrial cement group, GICA, is expected to reach 29Mt by 2020, according to the CEO of Centre of Research and Technical Services of Building Material Industry (CETIM). “GICA group’s investment programme in the next eight years worth more than US$4bn is aimed at increasing production capacities of some cement works and build...
Argentine April shipments decline
Argentine shipments (including exports) in April 2012 fell 17.9% from the previous month to 798,513t, data from the Argentine cement association, AFCP, shows. Compared to April 2011, shipments were down 16.5%. Domestic sales, including imports, reached 782,379t, a YoY drop of 17.9 per cent.
Pakistan domestic sales rise, exports fall
Figures from the All Pakistan Cement Manufacturers Association showed that total cement dispatches for the first 10 months of the current fiscal were 26.64Mt, 3.31 per cent higher than the corresponding period of the last fiscal. While domestic sales during this period increased 8.51 per cent exports registered a decline of 8.91 per cen. Exports from the south showed a steeper decline of 15...
Indian cement sector turns to US high-sulphur coal
Shree Cement and Ultratech have taken one cargo of US high-sulphur coal, with others set to follow suit, as the Indian cement sector seeks a cheaper alternative to the increasingly scarce petcoke.
China Resources Cement prices weaken in1Q2012
China Resources Cement Holdings Ltd, the largest cement producer in South China, saw its average sales price decline 6% or RMB20/t Y-on-Y to RMB340/t in the first quarter of this year
RNB capex completed, India
RNB Cements completed its cement manufacturing expansion from 600tpd to 1200tpd at Barapani Industrial Area, district Ri Bhoi, Meghalaya.
Heidelberg expands capacity, India
HeidelbergCement India is expanding the manufacturing capacity of cement from 0.8Mta to 2.5Mta in Jhansi, Uttar Pradesh.
Shalivahana to build new 2.6Mta plant, India
Shalivahana Cement Industries is planning to build an integrated cement project at Chincholi, district Adilabad, Andhra Pradesh.
Pakistan: FY12 to be a fortunate year for the entire cement industry
Pakistan cement sector profitability is on the recovery path due to higher local dispatches and rising prices. Low-tier companies are also on the way of recovery. Researching domestic sector profitability for 9MFY12 by reviewing the accounts of the 17 companies representing 98% of the listed sector market capital, leading brokerage house InvestCap Research has suggested that FY12 to date could...
Italcementi to become strategic partner of West China Cement
Italian cement maker Italcementi said it has agreed to acquire a stake in West China Cement (WCC) as the group moves to strengthen its position in the world's largest building materials market. In a statement Italcementi said that when the deal is complete it will own a stake of around 6.25% in WCC to become the company's third-largest shareholder. Under the agreement Italcementi will sel...
ACC, Ambuja see spurt in cement production in April
Leading cement producers ACC and Ambuja Cement reported the growth in cement production for the month of April 2012. ACC and Ambuja Cements reported the production at 2.17Mt and 1.91Mt, respectively, in their separate filings to the Bombay Stock Exchange. During the year ago period, ACC and Ambuja had reported the production at 2.06Mt and 1.81Mt, respectively. Besides, the dispatches at the...