Cement Industry News  

Indonesia sales rise 10.7%

Indonesian cement consumption in the year to July 2010 grew

Murli Industries board OKs raising funds

India’s Murli Industries Ltd said Friday it has dropped plans to sell

Indian producers cut output as demand slumps

Cement makers have curtailed production following

Shree Cement sees FY11 revenues flat, India

Shree Cement Ltd expects FY11 revenues to remain flat and

Siam Cement: most of its halted projects can proceed

Siam Cement PCL said Friday that most of its

South Africa: cement output to increase marginally

Cement capacity in South Africa would only increase marginally in 2013

ACC’s August sales dip 5%

Indian cement manufacturer ACC Limited on Wednesday reported a

Kavkazcement sets record for production & dispatches, Russia

CJSC Kavkazcement set a new record for cement production of 284,000t

India despatches show cascading effect of price dip

The cascading effect of Indian cement prices heading southwards has

Jaiprakash Associates up 3% on Aug cement sales

Shares in India’s Jaiprakash Associates rose more than three per cent on Thursday

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Trading   

India: cement companies rally on price hike reports

Shares of cement companies zoomed higher after reports that the Maharashtra based cement companies

India: Cement glut to keep prices soft till June 2011: HeidelbergCement

The talks of INR10 per bag increase in cement prices in Mumbai did move some of the cement stocks

Nigeria: price of cement may fall by December

The Cement Manufacturers Association of Nigeria

India: cement prices remain low in southern markets

Cement prices in Andhra Pradesh,

Heidelberg’s Ciments du Gabon may close as cheap imports threaten business

Ciments du Gabon SA, a unit of HeidelbergCement AG

Import of cement and cement clinkers reduced in Azerbaijan

In January-June Azerbaijan imported about 630,350t of cement and cement clinker,

Pakistan monthly exports fall steeply - July

Pakistan cement exports in the month of July suffered a steep drop by 22 per cent, compared to the same

Philippine producers press for tariffs

Philippine cement manufacturers yesterday called for tariffs on cement to be reimposed during a hearing

Cement exports from Pakistan and Tajikistan

Expansion of trade cooperation between Tajikistan and Pakistan was a major topic of a meeting of

Algeria to source additional cement imports

Algeria will import 350,000t of additional cement. The association of construction material distributors

Freight Markets   

Some improvements in dry bulk freights but...

Freight rates for dry bulk carriers have continued to edge higher during the last week of July, with the

IHS: outlook for dry bulk shipments improving

World trade by all modes of transportation – sea, air and land – will grow 8.1 per cent in

Some gains noted but outlook still mixed in May

A slight drop in the BDI mid-May, led by the Capesize market which was unable to maintain the pace of

Looking beyond the near-term weakness in dry freight

The Baltic Dry Index just experienced a severe downward spiral, undergoing the longest consecutive

Dry freight could recover next year: report

A recent report by Bank of America Merrill Lynch shows that dry freight could recover next year.

Some renewed optimism for dry bulk sectors

Despite a lack of movement in the Baltic Dry bulk index, it would appear that an element of confidence

No sign of any real improvements in freight markets

A significant development in December has been news that Brazilian ore producer Vale is offering

Markets show renewed optimism as commodity trades flourish

The dry bulk market continued its strong advance mid-November with all sectors involved, but mostly

Bears seen prowling the waterfront

A dull end to September trading saw sharp falls in both the Cape and Panamax markets, down 11% and

Dry bulk rates lose some upward momentum

Despite a weekly loss on all the dry bulk indices, brokers say there is no evidence yet of a full-scale correction, and with

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Corporate   

Exane BNP Paribas maintains rating on Italcementi

Exane BNP Paribas affirmed on Thursday a

Prosperity acquires 25% interest in Liaoning Changqing Cement

Sintex International Holdings Limited, an indirect wholly-owned subsidiary of Prosperity Minerals

Exane BNP Paribas lowers Buzzi Unicem stock rating

Analysts at French bank Exane BNP Paribas downgraded the stock rating of Italian

Saudi Southern Province Cement 1H net profit drops

Saudi cement producer Southern Province Cement (SPC) said in a bourse filing

Moody’s confirms Lafarge’s Baa3 rating, outlook negative

Moody’s Investors Service has today confirmed Lafarge S.A.’s Baa3 issuer rating. The rating outlook is negative. Moody’s ha

Titan America promotes four executives

Titan America LLC has promoted four of its executives.

Heracles 1Q sales fall 21.4%

Heracles Group of Companies announced today sales of EUR211.92m for the first semester of 2010, a

JK Cement in talks with Holcim


Executives from India’s J.K. Cement Ltd and Holcim Ltd. met in August for

Cemex completes sale of assets, USA

Cemex has completed the sale of some of its assets to Bluegrass Materials Co.

Sabanci Holding 2Q net profit up 5%, Turkey

Turkish conglomerate Sabanci Holding saw net profit rise five per cent in the second quarter as the group’s

Environmental   

Holcim permit to expand quarry in North Hungary revoked

Hungary’s National Inspectorate for Environment, Nature and Water has

European Commission sets overall provisional GHG cap

Industrial installations included in the EU’s Emission Trading Scheme (ETS) will see their greenhouse

Novacem announced as a technology pioneer

Novacem, the carbon negative cement company, today announced that it has been selected by the

Cemex sets new records of alternative fuels usage

The global challenges posed by climate change have always been a key issue for Cemex, and the

Lafarge Hope award, UK

Work to develop a new type of eco-friendly commercial flooring concrete has
 earned Hope Cement

Protests over proposed Adbri expansion, Australia

Birkenhead residents living near the Adelaide Brighton Cement factory fear a “massive increase” in dust,

Lafarge’s India-Bangladesh cement project remains frozen

Four years after operations started Lafarge’s gigantic limestone mine in Meghalaya state, north-east India,

China closes factories as green deadline looms

China, facing the risk of embarrassment if it misses a looming environmental deadline,

USA: EPA sets emissions limits for cement plants

The US Environmental Protection Agency (EPA) is issuing rules that will cut emissions of mercury and other

Australia: Anger over cement dust

Angry southern suburbs residents donned dust masks and protective jumpsuits yesterday during a protest at Parliament House

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Recent Orders   

Qatar materials company in China deal for cement terminal

Qatar Primary Materials Company (QPMC) has signed an agreement with

CNBM wins contract in Iraq

China National Building Material Co Ltd started work on a US$250m project to build a cement factory in

Waste management collaboration, China

China Industrial Waste Management, Inc, a leading environmental services and
solutions provider in

Mondi and Siam City Cement bagging project

Thailand will soon witness a highly cost effective solution for its 50kg cement

Recent order for Siemens

HeidelbergCement chooses Siemens Management Information System (MIS) Sicement IT MIS becomes

Seven Circle signs deal with Taiheiyo Cement Corp

A technical support agreement was signed between Seven Circle (Bangladesh) Limited, manufacturer of

Contracts signed for new plant in Central Vietnam

Technology and equipment contracts to build the Do Luong Cement Plant in the central province of Nghe

Bangladesh to export cement bags to India

Bangladesh is set to export cement bags for the first time to India, diversifying the country’s exports.

China Heavy Machinery wins grinding project, China

China National Machinery Industry Corporation (referred to as State Machine Group) owned Chin

Cemex wins supply contract for Panama canal project

Cemex announced today the signing of a supply contract with “Consorcio Grupo Unidos por el Canal”