International

17 July 2014

Lucky Cement plans Karachi coal-based power plant

Lucky Cement plans to invest in a coal-based power plant in  Karachi, Pakistan, through its subsidiary Lucky Holdings Limited (LHL). The board is recommending to shareholders the approval of the US$200m investment to be set up by a new entity under the name of Lucky Electric Power Co...

17 July 2014

Peru: June cement sales advance 0.84%

Cement shipments in Peru in June advanced 1.5 per cent to 807,953t in June 2014 from 795,896t in the same month last year, according to the country's cement producers' association, Asocem. For the January-July 201...

17 July 2014

SCG prepares to launch flagship products to Indonesian market

Siam Cement Group (SCG) is preparing to introduce its three flagship products to the Indonesian market, a country high on the Thai building materials major's agenda as it looks to extend its southeast Asian presence....

17 July 2014

Spanish consumption woes continue

Spain's cement consumption fell two per cent YoY to 967,790t in June, according to the latest data from Oficemen, the country's cement association. The latest set of figures brings the total for the 1H14 to 5.2Mt,...

18 July 2014

OCL India inaugurates Bengal Cement Works

OCL India Ltd, the flagship associate company of Dalmia Cement Bharat Ltd, announced the commissioning of its cement manufacturing unit at West Midnapore, West Bengal. Mamata Banerjee, Chief Minister of West B...

17 July 2014

Improving demand outlook for SCC, Thailand

Despite demand for cement and building materials yet to show signs of recovery in Thailand, consumption is expected to improve, particularly from next year, according to a recent report. Analysts at TISCO Securiti...

17 July 2014

Decline in housing starts dent Moroccan demand

The first half of 2014 has seen cement sales in Morocco experience a 4.4 per cent decline to 7.435Mt, latest figures released by the country's cement producers' association, APC, show. Industry analysts expect Mor...

15 July 2014

Saudi Cement posts second-quarter net profit drop

Saudi Cement posted a 6.2 per cent drop in second-quarter net profit on Monday as declining sales impact revenue. The kingdom’s largest listed cement producer by market value made a net profit of SAR288m (US$76.8m) ...

14 July 2014

Lucky Cement refutes QWP claims, Pakistan

Lucky Cement has countered claims by local political party representatives who allege the insufficient provision of royalties and social sector initiatives to the district in which the cement producer operates. Last...

18 July 2014

Indonesia sales growth slows in first six months

Indonesian cement sales growth has slowed in the first six months of the year, leading to concerns that the country may miss its full year target. For the six months to the end of June 2014, domestic sales reached...

14 July 2014

Diamond Cement’s new Congo works on track for 2Q15 start

The construction of Diamond Cement’s plant in Mindouli in the Republic of Congo is now around 40 per cent complete and is on-track for completion in the second quarter of 2015.  The new works will have a cement prod...

14 July 2014

Iran first-quarter exports exceed 5Mt

Iran exported over 5.07Mt of cement and clinker during the first quarter of the Iranian year, according to local news reports. In the third Iranian calendar month of Khordad (22 May - 21 June 2014), cement and clink...

14 July 2014

Tvornica Cementa Kakanj environmental upgrade investment

Bosnia-based producer Tvornica Cementa Kakanj plans to invest BAM20m (EUR10.225m) to upgrade its facilities and improve its environmental performance. The investment covers the period from 2013 to 2018. This year a...

14 July 2014

Ciments Calcia opens new distribution centre in Paris

Ciments Calcia opened a new distribution centre in the 13th arrondissement of Paris, France, on 4 July 2014, designed by Vib Architecture. The centre consists of two 20m dia silos that rise to a height of 37m. A th...

11 July 2014

Lafarge expansion to upset Dangote Cement plans?

Lafarge Wapco’s shareholders have approved the merger between the Nigerian unit of French cement maker Lafarge, Lafarge Wapco, and its wholly-owned South African subsidiary. The consolidation of the South African uni...

11 July 2014

Philippines: Manila firm eyes plant in Cebu town

Explorations have begun for the establishment of a cement plant in the southwestern Cebu town of Pinamungahan in The Philippines. Glenn Baricuatro, Pinamungajan mayor, said that Century Peak Corporation, a Manila-b...