International

18 September 2014

Raysut signs Somaliland jv terminal project

Omani producer Raysut Cement has announced that it has agreed a deal with Barwaaquo Cement of Somaliland to operate a joint venture terminal for the packaging and distribution of cement. The two companies will build a US$7.5mn terminal in the port city of Berbera which will have th...

15 September 2014

Vanguard signs east Indonesian mining concession

Vanguard Mining Corporation has agreed with Yupolo Resources to buy 80 per cent of equity interest in the company and co-develop a 3500ha gypsum and limestone concession in Nusa Tenggara Timur, Indonesia. It is ex...

12 September 2014

Eren Holdings to build cement plant in Cameroon

Turkey-based Eren Holdings has signed an investment agreement with the Cameroon government which will see its local subsidiary Medcem build a new cement plant in the African country. The new works is expected to ad...

12 September 2014

Egypt: Sinai Cement to self-finance coal conversion

Egypt's Sinai Cement (SCEM) said that its planned plant coal conversion worth EGP300m (US$42m) will be fully financed by the firm's cash flows. The company added in a bourse statement on Wednesday that it will not r...

12 September 2014

Pick-up in south Indian prices

Cement producers with operations in the south of India are expected to see improvements in profitability helped by better price realisations and an anticipated increase in demand. Cement demand in south India is ex...

12 September 2014

PCA praises action by Congressional leaders on nation's waterways

The Portland Cement Association (PCA) has said it applauds the US House of Representatives for passing legislation which protects states’ primary authority in protecting the nation’s waterways. The Waters of the Uni...

11 September 2014

PCA: demand growth in 2014 and beyond

Cement consumption is expected to grow in the United States through 2014, followed by additional gains in 2015 and 2016, according to a recent Portland Cement Association (PCA) economic forecast. Consistent with a r...

11 September 2014

Indonesian August sales higher

Indonesia cement sales jumped 37.4 per cent YoY to 4.7Mt in August 2014 on the back of higher demand from the property and infrastructure projects. Widodo Santoso, chairman of the Indonesian Cement Association (AS...

11 September 2014

State Window authority clears Bhavya Cements grinding plant proposal

The State Level Single Window Clearance Authority (SLSWCA) has approved the proposal by Hyderabad-based Bhavya Cements Ltd to set up a 3Mta cement grinding unit in in Dhenkanal district, Odisha state. "Of the 5-6 pr...

11 September 2014

Unicem cuts 32.5 grade prices, Nigeria

United Cement Company of Nigeria (Unicem) has decided to reduce the price of its 32.5 cement grade by NGN125, Bukola Adebisi, technical service engineer of the company, announced. The move comes again the backdrop o...

10 September 2014

Beni Suef Cement gas and diesel supply halted

Beni Suef Cement announced that gas and diesel supply to its factories has stopped since 26 August 2014, according to a bourse statement on Monday. The firm added that when energy supply was halted, it had storage ...

11 September 2014

China’s watchdog fines three producers for price fixing

China’s price regulator has fined three domestic cement makers CNY114m (US$18.58m) for price fixing, the National Development and Reform Commission (NDRC) said in a statement on its website. Among the firms were unit...

11 September 2014

Argentina: cement demand down 4.1% YoY

In August, the Argentinian cement market was supplied by 993,397t of domestic production and 254t of imports as it saw consumption fall 7.2 per cent YoY to 993,651t. In addition, the country’s cement producers export...

09 September 2014

US seven-month shipments reach 48.5Mt – preliminary data

Total Portland and blended cement shipments in the US and Puerto Rico for the seven months to the end of July 2014 reached 48.537Mt, preliminary data from the US Geological Survey (USGS) shows. Of the total, domestic...

09 September 2014

Reliance product launches in Bihar, India

Reliance Cement Pvt Ltd on Monday launched its cement in to the northern Indian market of Bihar. Commenting on the development, Reliance Cement chief marketing officer, Atul Desai, said: “Bihar is among the largest...

11 September 2014

Pakistan’s August cement dispatches higher

Total Pakistan dispatches during August increased by 23.2 per cent compared to the same month of last year with strong increases seen on both the domestic and export front. Latest data from the All Pakistan Cement...