Cement News from International Cement Review


Moroccan demand stable in October
International - 22 November 2017

Moroccan demand stable in October

Cement demand in Morocco edged up 0.3 per cent in October 2017 to 1,320,030t from 1,316,225t in October 2016, according to data by the country's Ministry of Housing and Urbanisation.  Market expansion was particularly strong in Laayoun-S Elhamra, where demand increased 44.8 per cent to 32,792t in October 2017 from 22,644t in October 2016, and in Dakhla-Oued Ed-Dahab, which saw consumption i...

International - 24 November 2017

Kazakhstan cement price rises 6%

In October Kazakhstan the average price of a 50kg bag of M400 cement reached KZT1252 (US$3.79), a 0.3 per cent MoM rise and an increase of 5.7 per cent when compared with the year-ago period. By comparison, the annual inflation rate in the country was 7.7 per cent. The highest prices for cement in Kazakh key cities were reported in Uralsk (KZT1609/bag, +12.5 per cent YoY) and Atyrau (KZT1525...

Trading - 21 November 2017

Petcoke ban drives India's North American coal imports to new heights

Fears that the Indian government may extend the current ban on petcoke use in the New Delhi Capital Region to the entire country has led to a surge in coal imports from North America, reports Reuters. In October India’s coal imports from North America quadrupled to 2.1Mt when compared with the year-ago period, hitting new heights since January 2015. Moreover, ship tracking data on Thomson R...

Freight Markets - 09 November 2016

Fuel and SOx cap to raise charter rates

In the first weeks of October, the Baltic Dry Index (BDI) climbed to 922 points, an improvement of almost 350 per cent on the levels recorded in February. The recent strengthening of the BDI may be a result of changes in the Chinese iron ore and coal markets. Following a government-mandated decrease in domestic production, imports of Australian and Indonesian coal rose by 35 and 56 per cent, r...

Corporate - 24 November 2017

PPC board rejects Fairfax offer

The board of PPC has advised its shareholders not to accept the offer of Fairfax Africa Investment Pty Ltd to buy a stake in the South African cement producer. The company will continue talks with LafargeHolcim and CRH on the sale. The Takeover Regulation Panel has extended the deadline for the Fairfax offer to 12 December 2017, according to the cement producer’s board. Fairfax has signalle...

Environmental - 22 November 2017

Irish Cement plans to reduce carbon emissions

Irish Cement has stated that its plans to increase alternative fuels usage is not a move to develop a waste incinerator, according to The Irish Times. The company has been using 120,000t of residual waste at its Platin cement works and has requested permission to increase the volume to 600,000t. The new plans submitted to Bord Pleanála for approval would allow the company to replace up to 8...

Recent Orders - 17 October 2017

Loesche to deliver three VRMs to Sohag plant

Loesche will take part in the construction of a new 2Mta cement plant for Egypt Cement as it supplies three vertical roller mills (VRMs). The planned works is located nearly 500km south of Cairo in Sohag.   Loesche's scope of delivery includes a raw material mill with a capacity of 540tph of cement raw meal, a 350tph cement mill as well as a coal mill with an output of 45tph. The cement mill ...