Cement News tagged: International

Cemex: environmental savings for construction by barging

25 July 2017, Published under Cement News

Aggregates being barged up the River Thames Last month was a record month for transporting aggregates by barge down the River Thames, UK, saving approximately 320 road journeys. June saw record tonnages by barge of 10,300t sand and gravel loaded at Dagenham Wharf and transported along the River Thames to Fulham, to meet the increasing demand for concrete by the London construction ...

Aggregate Industries introduces Postmix to its Lafarge Cement range

25 July 2017, Published under Cement News

Aggregate Industries has introduced Postmix to its Lafarge Cement range of packed products, a quality-assured premixed ready-to-use formulation for fixing all types of fence posts.   Lafarge Postmix is composed of a selected blend of cements and aggregates intended for domestic use. Easy to use, the product requires no mixing – just add water. It sets in five to 10 minutes and then rapidly ha...

INSEE Cement opens its first executive leadership programme

21 July 2017, Published under Cement News

Insee Cement in Sri Lanka recently joined up with the country's Postgraduate Institute of Management (PIM), to launch its first Executive Leadership Development Programme (ELDP). The inauguration was held at the PIM education buildings, attended by the CEO and Directors of Insee Cement and PIM, faculty members of PIM and the selected participants of Insee Academy’s ELDP. The objective of t...

Indian market to expand 5% in FY17-18

21 July 2017, Published under Cement News

Infrastructure and housing are expected to drive India’s cement demand in FY17-18. Consumption is forecast to increase five per cent YoY as growth accelerates from 1.2 per cent in FY16-17, according to Business Line. In FY16-17 output fell to 279.8Mt as demonetisation affected the market and saw sales volumes decrease by nine per cent between November 2016 and March 2017. However, the marke...

UltraTech to build Madhya Pradesh plant

UltraTech to build Madhya Pradesh plant

20 July 2017, Published under Cement News

Indian cement major UltraTech plans to establish an integrated cement plant in Madhya Pradesh with a capacity of 3.5Mta. "The board has approved a greenfield integrated cement plant at Dhar in Madhya Pradesh with a capacity of 3.5Mta. The plant will involve an investment of INR2600 crore [US$403m] and is likely to being commercial production by the fourth quarter of FY19," UltraTech chairman...

EAPCC announces 10% price cut

20 July 2017, Published under Cement News

East African Portland Cement Co (EAPCC) has announced a 10 per cent reduction on the ex-factory price of its Blue Triangle Cement. The Kenyan cement producer attributed the price cut to improved processes following the implementation of a strategic turnaround plan it embarked on last year, according to a report in The Star national newspaper. “Over the last 10 months, we have been re-engi...

Cuban cement price sees 47% hike

Cuban cement price sees 47% hike

20 July 2017, Published under Cement News

Cement prices in Cuba rose substantially at the end of last week with a bag of P350 cement now priced at CUP165, up from CUP112, at retail level. Lower-grade cement has increased in price from CUP89 to CUP109.20/bag. The price rise has affected many Cubans who are repairing or building homes.

Steppe Cement price focus helps lift 1H turnover

19 July 2017, Published under Cement News

Steppe Cement reported a 15 per cent decline in volumes for the first half of 2017 while turnover was up by four per cent over the same period as the Kazakhstan-based producer focussed on pricing. In a market update for the first half of the year published on Monday, the company said sales volumes fell to 650,333t from 761,777t a year earlier. Meanwhile, turnover reached KZT8553m (US$26.2m) ...

Pakistan producers see mixed dispatch performance

19 July 2017, Published under Cement News

Pakistan cement producers recorded a mixed performance in total dispatches for FY17 as a double-digit decline in exports was witnessed. During FY17, which drew to a close at the end of last month, the industry recorded growth a four per cent rise in dispatches YoY to 40.267Mt. Of this total, local sales climbed eight per cent YoY to 35.604Mt, while exports fell by 21 per cent YoY. Dispat...

DG Khan Hub plant to start production by year-end

19 July 2017, Published under Cement News

DG Khan’s new US$300m Hub cement plant in Balochistan province, Pakistan, will begin production by December 2017, according to a local brokerage house. The Express Tribune reported yesterday that Shajar Capital said it along with its clients paid a visit to the construction site to assess the process which “as per the project management is expected to come online by the end of calendar year ...

Indonesia 1H sales dip, exports rise

20 July 2017, Published under Cement News

Cement sales in Indonesia registered a slight decline over the first half of this year, while exports sales fared better over the six-month period, according to the latest industry data. Domestic sales were down by 1.3 per cent YoY to 29Mt in the 1H17, compared to 29.37Mt a year earlier, statistics published on state-owned Semen Indonesia’s website reveal.  Widodo Santoso, chairman of the ...

Argentina consumption up 17% YoY in June

20 July 2017, Published under Cement News

Argentina’s cement market expanded 4.1 per cent MoM to 1,007,450t in June, according to the country’s cement association, AFCP. When compared with June 2016, the increase reached 17.2 per cent. Around 8972t of imports are included in this figure – more than quadrupling when compared with June 2016 although when compared with May 2017, the rise is more modest at 51 per cent. Domestic cement ...

Senegal production rises in 4M17

18 July 2017, Published under Cement News

Senegal’s cement production during the first four months of 2017 showed a slight increase of 2.5 per cent, compared to the same period in 2016, African Press Agency (APA) News reported citing the Directorate of Forecasting and Economic Studies (DPEE). According to DPEE, which relies on data from two cement plants (Sococim and Ciments du Sahel) out of the three existing in the country, cement...

Qassim Cement Co reports 53% drop in 2Q profit

18 July 2017, Published under Cement News

Qassim Cement Co reported a 53.29 per cent YoY decline in 2Q17 net profit, while the drop on a QoQ basis was 33.63 per cent, according to a bourse filing. Profits totalled SAR53.2m (US$14.2m) in 2Q17 compared to SAR113.9m for the same period last year, the company said in a statement to the Saudi Stock Exchange (Tadawul) on Monday. The contraction was in part attributed to lower domestic dem...

Procim to operate under the Binastore banner

18 July 2017, Published under Cement News

Procim, the distribution network of LafargeHolcim Cote d'Ivoire, will now operate under the Binastore brand, the parent company’s specialised retail network for construction materials in the Middle East and Africa. The company said in a statement yesterday that the new sign will be deployed progressively from mid-July to the end of August 2017 across Procim's sales network. Serving the n...

Moroccan monthly sales down 31%

20 July 2017, Published under Cement News

The Moroccan cement market contracted in June by 30.6 per cent YoY to 721,846t from 1,039,544Mt in June 2016, according to the country’s Ministry of Housing. The drop in sales was attributed to a slowdown in construction activity. In the first half of 2017, demand decreased 9.24 per cent to 6,771,681t with all parts of country seeing a drop in sales, apart from a few southern provinces. ...