Cement News: International

24 October 2016

BCIC and Al Rajhi Co to build 1.5Mta cement plant in Bangladesh

Bangladesh state-owned Corporation, Bangladesh Chemical Industries Corporation (BCIC) and Saudi enterprise Al Rajhi Company for Industry and Trade have signed a memorandum of understanding (MoU) to set up a cement plant with 1.5Mta capacity and 330MW power plant near Chhatak cement pl...

24 October 2016

Vietnam: 2016 sales goal looks unlikely

Concerns have arisen that the Vietnamese cement industry will struggle to meet its sales target of 75-77Mt this year as a result of ‘market difficulties’, as reported by Viet Nam News. The 2016 target is 3.2-6 per ce...

26 October 2016

Moroccan cement market contracts 19% in September 2016

Morocco’s cement demand fell by 19.1 per cent to 832,930t in September, according to the Ministry of Housing and Urban Policy. Laayoune-Sakia El Hamra showed the largest monthly drop at 48.4 per cent to 12,200t, f...

21 October 2016

Indonesia: commission will back Rembang plant

The state-owned PT Semen Indonesia Rembang cement plant, Central Java, will received the backing from the House of Representatives Commission VI, says its head Teguh Juwarno, following a Supreme Court case review dec...

Swiss cement sales up 2% in 3Q16 21 October 2016

Swiss cement sales up 2% in 3Q16

Swiss cement deliveries increased two per cent YoY in 3Q16, according to the Swiss cement association, Cemsuisse. In the first nine months of this year, domestic deliveries advanced 5.1 per cent. In 2015 Swiss ceme...

21 October 2016

Canada: LafargeHolcim to shut Kamloops plant

Lafarge Canada announced that it will shut its plant in east Kamloops for the foreseeable future. A downturn in demand in Alberta and western Canada and a result of plunging oil prices has made the 0.2Mta works unnec...

Cementos Argos sees Honduras potential 31 October 2016

Cementos Argos sees Honduras potential

This week it was announced that Cementos Argos was looking to expand its overseas cement capacity by upgrading its 0.3Mta Cementos del Sur (Cesur) facility in San Lorenzo Valley, southern Honduras. Cementos Argos bo...

20 October 2016

Venezuela: Peña mini-plant expected online in 1Q17

The new cement plant currently under construction in Barranco Amarillo, Peña, Yaracuy state, has been completed 70 per cent and is expected to enter service in the first quarter of 2017, according to the Yaracuy gove...

20 October 2016

DR Congo: Matadi cement price falls

For the first time in a month, the price of a 50kg bag of cement has fallen in Matadi from CDF12,500 (US$12.16) to CDF8500, according to domestic news reports. The drop in price comes as a result of increased suppl...

20 October 2016

Cameroon: new Cimencam plant by 2018

Société les Cimenteries du Cameroun (Cimencam) announced that the commissioning of its new Nomayos cement plant is scheduled for mid-2018. The new grinding unit will boast an installed capacity of 2Mta and is expecte...

18 October 2016

UK: construction activity falls in August

The UK's Office of National Statistics has released its construction figures for August that saw a fall of 1.5 per cent in construction activity. Decreases were seen in all new work as well as the repair and mainten...

17 October 2016

India: JSW Cement capacity expansion by 2020

JSW Cement announced plans to expand its production capacity to 30Mta by 2020. According to Director and CEO of JSW Cement, Anil Kumar Pillai, an investment of INR27bn (US$404.3m) has been allocated to increasing cap...

14 October 2016

Spain sees demand fall 3.4% in September

Spanish cement consumption contracted 3.4 per cent in September to reach 973,047t, according to the country’s cement organisation, Oficemen. In the January-September 2016 period demand slipped 2.9 per cent to 8.4Mta....

14 October 2016

J K Cement: Indian cement demand to grow 7% in FY17, 8% in FY18

J K Cement expects the government’s infrastructure push to drive cement demand in India in the next two years. “We expect demand to hit seven per cent in FY17 and eight percent in FY18,” said the company’s CFO, AK...

17 October 2016

US fundamentals remain strong

Should investors be worried about the apparent slowdown of US cement shipments in recent months? The IMF has revised down its US growth estimates from 2.6 to 1.6 per cent for 2016 and construction is expected to see...

14 October 2016

EC to investigate HeidelbergCement-Schwenk acquisition of Cemex Croatia

The plans of HeidelbergCement and Schwenk to acquire Cemex's Croatian subsidiary will be subject to review by the European Commission (EC). The transaction would result in the merger of Cemex Croatia, the largest ...