International

16 October 2014

JSW Group seeks to set up new Karnataka unit

JSW Group, is planning to set up a 3Mta clinker plant at Chittapur in Gulbarga district, in Karnataka state. The company is in the process of seeking statutory approvals to undertake exploratory drilling at a limestone deposit in Gulbarga. "Gulbarga project is still in preliminary st...

16 October 2014

Dangote reduces Ghana prices on cedi appreciation

Dangote, has reduced prices of its cement by GHS2.70 following the gradual appreciation of the Cedi against the dollar and other major international trading currencies. Joeseph Kobina Abu, sales and marketing manage...

16 October 2014

Savannah lines up new capacity investments

Savannah Cement, one of Kenya's newest market entrants, is set to build two new plants as it nears exhaustion of its current capacity, managing director, Ronald Ndegwa, said. The company has previously said it is to...

14 October 2014

Mikhailovcement Jan-Sept output up 20.2% YoY

Mikhailovcement, part of the Eurocement group, produced 1.21Mt of cement in January-September 2014, up 20.2 per cent on the comparative period of last year. The Mikhailovcement plant, situated in the Ryazan regio...

14 October 2014

Semen Indonesia scales back full-year growth target

PT Semen Indonesia has reduced its 2014 sales growth target from 5-6 per cent to 4-5 per cent due to a slowdown in cement sector, its corporate secretary, Agung Wiharto, said. Mr Wiharto told Reuters that the state-...

13 October 2014

Semen Indonesia set to acquire land for new Papua plant

PT Semen Indonesia will soon acquire 500ha of land in West Papua for the construction of a cement plant at a cost of around US$150m. Semen Indonesia corporate secretary Agung Wiharto told the Jakarta Post that the f...

16 October 2014

Mika Cement resumes production, Armenia

Armenia-based producer Mika Cement, which has not functioned since April 2014, has resumed production having paid off its main debts. Naira Martirosyan, director of the plant told Arminfo, that production restarted ...

13 October 2014

Asia Cement (China) expects 30% rise in nine-month profit

Asia Cement (China) Holdings Corp said Friday its profit for the nine months ending in September is expected to increase 30 per cent YoY. The company said in a statement that the increase is mainly due to a rise in ...

13 October 2014

Unitherm has successfully delivered several burners to Egypt

As part of the of the country's fuel diversification, Cemex Egypt awarded Unitherm Cemcon with the delivery of three MAS burners. These burners range from 97-105MW and are capable of firing petcoke/coal, heavy fuel o...

16 October 2014

Two Conch subsidiaries hit September highs

Anhui Conch Cement Co Ltd reported that output and sales of its major subsidiaries hit record highs in September. The company's Foshan subsidiary in south China's Guangdong province saw daily sales exceed 10,000t...

10 October 2014

Lafarge and Holcim merger 'on track', set to request EU approval

Lafarge and Holcim are about to request approval from the European Commission for their planned merger, Lafarge Chief Executive Bruno Lafont told reporters on Thursday. "We are indeed very close to (EU) notification...

10 October 2014

Indonesian Jan-Sept demand up 3.4% YoY

Indonesian cement demand in the first nine months of 2014 rose by 3.4 per cent YoY to 42.993Mt, latest data from the Indonesia Cement Association (ASI) reveals. Strong gains have been seen in the past months. During...

10 October 2014

Asia Cement anticipates pick-up in Thai demand

Thailand-based producer Asia Cement said it expects a pick-up in demand from late this year and into 2015 due to the government’s stimulus package and the launch of infrastructure projects. The Italcementi-group co...

10 October 2014

Peruvian firms tumble on concerns of slowing shipments

Peruvian cement makers slumped on concerns of slowing building materials sales while the government scales back infrastructure spending. According to reports by Bloomberg, Cementos Pacasmayo SA fell one per cent yes...

10 October 2014

Mexican and Colombian imports to help meet Nicaragua project

Imports from Mexico and Colombia can ensure the supply of cement for the Gran Canal Interoceanico project in Nicaragua, according to the president of the High Council of Private Enterprise, José Adán Aguerri. He ad...

09 October 2014

Industry majors reportedly teaming up for LH asset disposals

CRH is reportedly teaming up with Cemex to bid for all the assets that Lafarge SA and Holcim Ltd will have to sell to secure the approval of European competition authorities for their proposed merger, Reuters reporte...