International

20 August 2015

Chinese company signs MoU for Pakistan plant

A memorandum of understanding (MoU) has been signed between the Punjab government and Chinese cement company Yantai Baoqiao Jinhong for the establishment of a cement plant, according to reports by the Business Recorder (Pakistan). Under the agreement, Yantai Baoqiao Jinhong is to est...

20 August 2015

US first-half shipment update - preliminary data

Shipments of Portland and blended cement in the US and Puerto Rico over the first half of 2015 totalled around 40.78Mt, preliminary data from the US Geological Survey shows. Of the total, imports accounted for 4.07Mt...

19 August 2015

Fletcher Building to sell Rocla Quarry Products business to Hanson

Fletcher Building Ltd has entered into a conditional agreement to sell the operations of Rocla Quarry Products (RQP) to Hanson Construction Materials in a transaction valued at approximately AUD203m (US$149m).   Flet...

19 August 2015

Tarmac leads responsible sourcing excellence

Tarmac has announced that its Cement and Lime business has been awarded an ‘Excellent’ rating under BES 6001.   Tarmac’s UK business has held a BES 6001 rating of ‘Very Good’ across its entire product range since 201...

20 August 2015

Sumitomo Osaka to expand Kochi plant, Japan

Sumitomo Osaka Cement Co said Monday it will spend JPY2.6bn (US$21m) to expand facilities at its plant in the city of Susaki, Kochi Prefecture, western Japan, according to local press reports. Upon completion of the...

18 August 2015

Tokyo Cement adds to shipping fleet, Sri Lanka

Tokyo Cement  announced the addition of a fifth vessel, 'MV Mohar', to its fleet of cement carriers. The 22,000t, pneumatic bulk cement carrier was inaugurated by chief guest Arjuna Ranatunga, Minister of Ports, Ship...

20 August 2015

Peru: cement sales decline 5.2% in July

Peru’s cement market contracted 5.2 per cent in July, according to Asocem, the country’s cement producers’ organisation. Deliveries fell from 846,000t in July 2013 to 802,000t in 2014. Total dispatches, which include...

21 August 2015

Vietnam monthly sales up by a quarter

Vietnam cement and clinker sales reached 6.5Mt in July, up 25 per cent YoY, the country's Association for Building Materials under the Ministry of Construction (MoC) announced. Of the total volume, 5.15Mt were sold...

17 August 2015

Talks to recommence operations at the KKS factory, Sri Lanka

Working Director of Sri Lanka Cement Corporation (SLCC) and Lanka Cement Plc, Reyyaz Salley, has been in talks with the Chief Minister of the Northern Provincial Council, Wigenswaran, regarding recommencing operation...

14 August 2015

Indonesia: cement demand declines Jan-Jul 2015

Slowing property and infrastructure development in southeast Asia’s largest economy caused a drop in cement sales from January to July 2015. Domestic cement sales fell 4.1 per cent to 31.3Mt from the same period last...

14 August 2015

USA: Lehigh Cement silos make way for new riverfront

A group of Lehigh Cement silos on Richmond’s riverfront in Virginia were demolished on Wednesday afternoon. The silos on Wharf Street were being removed to make way for a paved pedestrian and bicycle trail to connect...

13 August 2015

Tanzania: government pledges support

Local producers in Tanzania are being asked by the government to supply them with information on their production costs to make it easier for them to act on their complaints. Domestic cement producers are complaining...

13 August 2015

Egypt to postpone the issue of new licences

Egypt’s General Authority for Industrial Development announced it will postpone the issuing of licences to establish new cement factories to review the cement market in Egypt, according to a report in the Egypt Indep...

12 August 2015

Moody's raises LafargeHolcim outlook to "stable"

Ratings agency Moody's Monday raised the outlook on the long-term and short-term credit ratings of the merged cement group LafargeHolcim to "stable" from previously "negative". The long-term Baa2 rating and the sho...

12 August 2015

Pakistan monthly sales ahead despite heavy rains

Pakistan’s domestic cement dispatches increased by 4.19 per cent in July 2015 to 1.8Mt. Exports, however, declined by 7.45 per cent to 465,000t. Total cement dispatches during the first month of the current fiscal...

11 August 2015

Iran nuclear deals may affect cement exports from Pakistan

Pakistan exporters and brokerage houses have shown mixed reactions on Iran's nuclear deal with major world powers, with some expecting Pakistan’s cement exports to decline after the lifting of sanctions on Iran. “...