International

23 April 2014

OCL commissions new West Bengal grinding unit, India

OCL India Ltd has informed the Bombay Stock Exchange that it has commissioned its cement grinding unit at Salboni, Medinipur, in the state of West Bengal. The new facility started commercial operations with effect from 20 April 2014.

23 April 2014

Guangdong Tapai Group Co to expand capacity, China

Guangdong Tapai Group Co, Ltd plans to invest about CNY3.56bn in building a new 10,000tpd  dry-process  line, including a 20MW pure low-temperature waste heat power generation system, in Jiaoling County, Meizhou City...

23 April 2014

Probe against Lafarge Surma land acquisition and quarrying operations

The Indian Compliance Advisor/Ombudsman (CAO) is assessing a complaint filed against Lafarge Surma Cement's land acquisition and limestone quarrying operations in Meghalaya, India. Lafarge Surma Cement, a joint ven...

22 April 2014

USA: industry declares victory in Portland cement NESHAP case

The US Court of Appeals for the District of Columbia Circuit rejected, in part, petitions from the Natural Resources Defense Council and other environmental groups to vacate the 2013 Portland cement national emission...

22 April 2014

Ecuador 1Q14 sales ahead

Ecuador cement sales during January-March 2014 period reached 1.522Mt, a 2.5 per cent increase compared to 1.485Mt sold in the first quarter of last year, latest data from domesic cement and concrete institute INECYC...

22 April 2014

Savannah Cement plans new clinker line, Kenya

Savannah Cement, Kenya’s newest market entrant, plans to invest US$200m in the construction of a new clinker line to boost its regional presence. A joint venture between Kenyan and Chinese investors, Savannah Ceme...

22 April 2014

New East Timor plant draws concerns from community groups

A new greenfield cement plant project planned by BGC (Australia) Pty Ltd in Baucau, north Timor, has led local community groups to set up a non-governmental organisation “to protect and preserve the communities’ righ...

22 April 2014

PT Semen Indonesia allocates US$200m for Myanmar acquisition

PT Semen Indonesia has allocated US$200m for the acquisition of a cement plant in Myanmar, Agung Wiharto, corporate secretary of the Indonesian cement group has revealed. The deal will not be completed this month, as...

22 April 2014

Kazakhstan: Standard Cement to launch second production line in 2015

Standard Cement LPP plans to launch a second production line in south Kazakhstan in 2015, bringing total capacity of the facility to 2.3Mta. The line will have a design capacity of 1Mta, with equipment supplied by...

18 April 2014

Steppe Cement 1Q14 market update, Kazakhstan

Steppe Cement Ltd said it sold 198,607t of cement in the 1Q14 for KZT2486m (US$13.7m), compared to 166,121t of cement for KZT2272m in 1Q13, representing an increase of 20 and nine per cent, respectively. The company...

18 April 2014

Brazil’s first quarter sales rise 6.4% YoY

Brazil’s first quarter sales rose 6.4 per cent YoY to 17.1Mt, preliminary data from SNIC shows. Sales in March reached 5.6Mt, representing YoY growth of 1.9 per cent compared to the same month of 2013. Cumulative ...

18 April 2014

Qatar consumption forecast to double by FY17

Cement consumption in Qatar is expected to double from current levels within the next three years, a new report has forecast. Dubai-based financial services firm Arqaam Capital said in its report on Qatar’s cement ...

18 April 2014

Turkish majors eye LafargeHolcim divestment opportunities

Turkish cement producer are keen on acquisition opportunities that may arise from the Lafarge and Holcim merger, according to reports by Reuters. Oyak, the largest cement producer in Turkey, said it had started talk...

17 April 2014

Congo Rep to benefit from rising investment

The Republic of Congo is increasingly attracting foreign investment into its cement industry. By 2016 three further cement plants are expected to come online as the government aims to expand the country’s production ...

17 April 2014

Moody's assigns a Baa3 rating to Votorantim Cimentos proposed notes due 2021; outlook stable

Moody's Investors Service has assigned a Baa3 rating to the proposed up to EUR750m seven-year senior unsecured notes to be issued by Votorantim Cimentos SA. The outlook for the ratings is stable. “Votorantim Ciment...

17 April 2014

Shree on course with capacity drive, India

Shree Cement is on course with its expansion drive to raise cement capacity to 20Mta by 2015 with two new projects currently under implementation. The company, which already has a strong presence in northern India,...