Cement News tagged: International
EAPC works on a debt/cost reduction plant
East African Portland Cement Company will reportedly swap its expensive yen-dominated loans for dollars this month and convert to a coal driven plant in efforts to cut cost and return to profitability
Cement producers expecting more growth in 2011
Cement consumption in Indonesia, Southeast Asia’s largest economy is forecast to increase six per cent to 42.4Mt next year, an industry association said. Urip Trimuryono, chairman of the Indonesian Ce
Spain sees recovery in spending, 4Q growth
Spain’s central bank and prime minister have both made cautiously optimistic statements on the country’s ailing economy, with the latter saying he expects growth in the fourth quarter.
Argentina’s November construction improves
Argentina’s construction activity rose 17.2% in November from the same month a year earlier in seasonally adjusted terms, the national statistics agency, Indec, reported
Yamama Saudi wants ban on exports lifted
Yamama Saudi Cement, Saudi Arabia’ third-largest producer by market value, wants the government to lift the ban on cement exports on concern profit margins will drop as supply increases push prices lo
Ciments de Bizerte to upgrade clinker production
Tunisian “Ciments de Bizerte” a state-owned entity has signed a contract with Polysius France to upgrade its second clinker line.
Shanxi Province cut back on the polluters
According to a statement issued by the authorities in the Chinese province of Shanxi on December 27, the 2010 targets for the elimination of elderly shaft kiln production units in Shanxi have been e
Italian police seize cement assets
Anti-mafia police in the southern Italian city of Reggio Calabria on have seized assets worth Euro 4.5 million from Giacobbe Vincenzo, the owner of a local cement-making company. The assets include
Cement industry reports higher gross margin
The Chinese cement industry posted gross margin of 16 per cent and net profit margin of 7.83 percent in the first 11 months of 2010. Gross margin in the first eight months was 14.9 per cent.
Strike affects cement movements
Truck drivers in several governorates throughout Egypt continued their labour strike into its 19th consecutive day on Monday 27 December. Strikers have reportedly prevented other truck drivers from cr
Rail upgrade prompts cement shipments
The Nigerian Railways Corporation (NRC), in partnership with Larfage Cement Nigeria, has commenced cement haulage from its plant at Ewekoro to depots in Ijoko, Ogun and Agege, Lagos State on 23 Dece
New Chinese plant for Fij
The Fijian Ministry of Lands and Mineral resources has just formalised the 99 year lease agreement for the Chinese cement factory to be set up in Veisari Lami.
Excess supply within Indian markets?
2011 could be a challenging year for cement manufacturers. Though demand for cement will reach higher double-digit growth, it will be insufficient to absorb the entire supply. Rising input prices an
New cement breakthrough from Germany?
Cement producers have been able to chip away at energy use over the years by using more efficient equipment and operations. But a process that could dramatically reduce the amount of energy it takes t
Strong indicators for Peru construction
Peru’s Minister of Finance Ismael Benavides has again said he expects Peru’s economy could expand by 9% in 2010.
No shortage of cement in the local market — CMS Cement
With production at normal levels, there should be no shortage of cement in the local market, refutes CMS Cement Sdn Bhd, Sarawak’s sole cement manufacturer, in response to claims made in the media r