Cement News tagged under: Asia
FLSmidth receives cement plant order in Pakistan30 May 2017, Published under Cement NewsFLSmidth has been awarded an order from Power Cement Ltd, part of the Arif Habib Group in Pakistan, for engineering, procurement and supply of equipment for a 7700tpd production line comprising two projects; clinker production and cement production and dispatch. The new production line will expand the two existing lines located in Nooriabad north-east of Karachi, Pakistan. The order includes a complete range of equipment from crushing to packing and cement loading. FLSmidth will also supply... |
Holcim Philippines capacity to reach 10Mta by 2Q-end26 May 2017, Published under Cement NewsHolcim Philippines Inc said its production capacity is expected to reach 10Mta by the end of the second quarter through upgrades to its plants at Mabini and Norzagaray. Holcim Philippines Chief Operating Officer, Sapna Sood, said in an interview with The Standard (Philippines) debottlenecking of existing cement facilities would add 2Mta of capacity. “We certainly had a project where we were looking at all of that safety, debottlenecking. That is near completion. To be completed at the ... |
Pakistan cement exports continue to disappoint25 May 2017, Published under Cement NewsPakistan exported 225,778t cement in April on revenues of US$13.49m, down 25.28 and 18.54 per cent, respectively compared to the previous month. Compared to April 2016, export volumes were down by 49.65 per cent from 507,958t and revenues fell by 49.65 per cent (US$26.31m) a year earlier, data from Pakistan's Federal Bureau of Statistics shows. In the first 10 months of FY16-17, the country exported 3.9Mt of cement at a total value of US$205m, considerably lower than the 5.06Mt at US$274.3... |
Aman Group inaugurates second grinding mill24 May 2017, Published under Cement NewsBangladesh’s Minister of Commerce, Tofail Ahmed, has inaugurated the Aman Group’s second grinding unit which is situated in Narayanganj, near the capital city of Dhaka. Loesche reported earlier this year that it has supplied a LM 56.3+3 CS vertical roller mill for the facility, named Aman Cement Mills Unit-2. The VRM has the capacity to grind 240tph of Portland and composite cement clinker with a fineness of 3200Blaine, or 175tph of ground granulated blastfurnace slag with a fineness of 450... |
Pakistan cement sector hopes for relief measures under Budget FY1823 May 2017, Published under Cement NewsPakistan cement producers are hoping that Budget FY17-18, due to be presented by the country’s Minister of Finance on Friday, will include relief measures to protect the local industry from the alleged smuggling of cement from Iran, help arrest the decline in exports and reduce the cost of doing business. The All Pakistan Cement Manufacturers Association (APCMA) has urged the government to increase the duty on imported clinker from 10 to 20 per cent to support local manufacturers. I... |
Cemex Philippines remains positive on construction prospects03 May 2017, Published under Cement NewsCemex Philippines has said it remains confident on the prospects for domestic construction activity on the back of government investment in infrastructure after seeing lower volumes and pricing in the first quarter of this year. I n the three months to the end of March 2017, Cemex Philippines consolidated net income declined by 24 per cent to PHP350m (US$7m), against pro forma net income from the same period of last year. Lower volumes and prices were partially mitigated by better cost of... |
CRH sees 4% advance in 1Q sales26 April 2017, Published under Cement NewsCRH reported a ‘satisfactory’ start to 2017 with first quarter sales up four per cent compared with a strong first quarter of 2016 which benefitted from very mild weather conditions across all its major markets. In a trading update released today in advance of its AGM taking place tomorrow, the Irish building materials major said group EBITDA for the "seasonally less significant first half of the year" is expected to be ahead of last year (1H16: EUR1.12bn). Based on current momentum, furth... |
Bhutan reportedly experiencing delivery delays12 April 2017, Published under Cement NewsWith demand for cement rising in Bhutan, two of the countries leading cement manufacturers have been unable to deliver product to their customers on time, according to local press reports. In Phuentsholing, cement agents have been complaining about delivery delays from Penden Cement Authority Ltd (PCAL). Cement agents told national newspaper Kuensel that: “It has been difficult to get enough supply in recent times.” The cement agent, who is also an agent for Dungsam Cement Corporation Limi... |
IFC considering equity injection in Myanmar cement plant expansion project10 April 2017, Published under Cement NewsThe International Finance Corp (IFC) is considering an equity injection into the brownfield expansion of Shwe Taung Cement Co's cement plant at Pyi Nyaung village, Myanmar . Shwe Taung Cement is part of a local conglomerate, Shwe Taung Group (STG) The total project cost is estimated at US$110m. The proposed IFC investment in STC comprises an investment in common equity for up to US$15m and providing an A Loan of up to US$20m. The IFC is also looking to mobilise up to US$20m through the s... |
Nepal Cement Manufacturers Association to review price hike10 April 2017, Published under Cement NewsThe Nepal Cement Manufacturers Association has agreed to review the recent hike in domestic cement prices, The Kathmandu Post reports. Earlier last week Industry Minister Nagendra Raj Joshi had requested that cement manufacturers review the recent hike which has seen prices increase by NPR20-25/bag. In a follow-up meeting called by Joshi on Sunday, the manufacturers said they are committed to lowering the price. During the meeting, Dhurba Thapa, President of Nepal Cement Manufacturers ... |