Cement News tagged: International

Holcim Vietnam given green light to build inland port

16 June 2017, Published under Cement News

Authorities of Vietnam’s southern coastal province of Ba Ria-Vung Tau have approved a proposal by Thanh Long Co Ltd to develop an inland waterway port to meet the transport requirement's for the Holcim cement plant. The provincial authorities assigned the Department of Transport to cooperate with relevant agencies to add planning of the facility to the province’s master plan for inland water...

Cemex further expands Construrama network in Latin America

16 June 2017, Published under Cement News

With the opening of its 300th store in Colombia, Cemex’s Construrama network consolidates its position as the broadest building materials distribution network in Mexico and Colombia and continues its growth in other Latin American countries. Looking to bring distributors closer to the construction business, Cemex rolled out its Construrama initiative in 2001. Today, Construrama is the leading...

Saudi five-month cement sales down 18.7%

15 June 2017, Published under Cement News

Saudi cement sales fell by 18.7 per cent YoY in the first five months of this year to 22.6Mt, while clinker output was down 11.3 per cent, according to the Saudi Cement Sector Monthly by Al Rajhi Capital. Northern Cement and Najran Cement reported the steepest declines during the period, with reductions of 50 and 43 per cent, respectively. Al Rajhi Capital said in the report that demand ...

Nepal sees rise in cement imports from India

15 June 2017, Published under Cement News

Cement imports from India to Nepal have doubled over the first 10 months of the current fiscal, according to a report in the Himalayan Times. The value of imports of cement arriving into Nepal from its neighbouring country reached NPR16.02bn  (US$155.8m) compared to NPR7.99bn in the corresponding period of the last fiscal. Between 10-15 per cent of cement is imported from India and a...

New plants in the pipeline for Andhra Pradesh

New plants in the pipeline for Andhra Pradesh

15 June 2017, Published under Cement News

Three Indian companies have proposed to set up new plants in the southern Indian state of Andhra Pradesh, Business Standard (India) reports. According to the state government, Chettinad Cement Corp plans to set up a grinding unit and cement plant in Vizag and Guntur districts, respectively, with start-up scheduled for March 2019. Meanwhile, KCP Ltd is to set up a plant in Krishna district...

Berbera under new management

16 June 2017, Published under Cement News

The government of Somaliland, an autonomous region of Somalia, has passed over ownership of the Berbera cement plant to a Red Sea Cement, a new company jointly established by the Dahabshiil Group, Berbera Group and the Kuwaiti Kipco. Speaking on behalf of Red Sea Cement, Mohamed Said Duale, founder of the Dahabshiill Group, stated that the new joint venture will start plant rehabilitation a...

EMG planning new Egyptian plant

EMG planning new Egyptian plant

15 June 2017, Published under Cement News

The Electro-Mechanical Design Group (EMG) is conducting preliminary studies for the construction of a  new ce ment plant in Egypt having secured the cement licence prospectus documents. Vice chairman Islam Solaiman, told Daily News Egypt that the plant will be in Foukah area in Marsa Matrouh. It will serve  demand for cement in the governorate and possibly export to Libya and other Arab cou...

France to investigate LafargeHolcim Syrian activities

16 June 2017, Published under Cement News

France has launched a judicial inquiry into the Syrian activities of cement and construction group LafargeHolcim, a judicial source told Reuters on Tuesday, investigating "the financing of terrorist enterprise" and endangering lives. The appointment of three investigating magistrates, two financial specialists and one specialised in anti-terrorism, follows the opening of a preliminary inquir...

Brazil’s Jan-May sales down 8.9%

14 June 2017, Published under Cement News

January-May sales of cement in the Brazil totalled 21.6Mt, according to preliminary industry data, indicating a YoY decline of 8.9 per cent. In the last 12 months accumulated sales totalled 55.3Mt, 10.1 per cent lower than the comparative period of the previous year, SNIC reported. In May alone, 4.543Mt of cement were sold, down 5.5 per cent YoY.

Indonesian consumption continues to rise

15 June 2017, Published under Cement News

Indonesian cement consumption continued to rise last month, increasing by seven per cent YoY to 5.47Mt, according to latest data from the Indonesia Cement Association (ASI). The advance marks the second consecutive month of growth with demand being supported by a recovery in the property sector and infrastructure development projects. Cement sales grew by 4.1 per cent (YoY) to 25.26Mt over...

Sagar eyes 18% rise in production

14 June 2017, Published under Cement News

Sagar Cements is expecting around 18 per cent jump in its production to 2.6Mt in FY17-18 following the consolidation of a grinding unit acquired last year. Speaking during the company's earnings conference call, Executive Director S Sreekanth Reddy said last year volumes reached 2.2Mt. In the 3Q the company acquired a grinding unit in Anakapally, Visakhapatnam, which will boost production v...

Further slight recovery in EU 28 cement production

13 June 2017, Published under Cement News

According to CEMBUREAU’s 2016 Activity Report published yesterday, European cement production in the EU 28 further slightly recovered in 2015 (167.2Mt), confirming the cautious upward trend started in 2013 (166.6Mt) after the dramatic fall in the crisis period. Cement consumption has risen slightly from 2014 to 2015 within both the EU28 and the CEMBUREAU region, the report shows. Total world...

India producers refute cartel allegations

13 June 2017, Published under Cement News

Representatives from various cement companies on Friday denied that they formed a cartel to artificially hike prices, saying market dynamics decide the prices, not the companies. There have been allegations of cartelisation and ‘unjustified’ prices in Andhra Pradesh and Telangana in the south of the country from builders after a steep hike in prices in the two markets recently. "Price hik...

CEMBUREAU welcomes new President & VP

16 June 2017, Published under Cement News

Gonçalo Salazar Leite (Vice Chairman Secil), has been elected as President of CEMBUREAU for a two-year term at the Association's General Assembly held on 9 June in Paris (France) after having completed his mandate of Vice-President over the last two years.  He takes over from Mr Daniel Gauthier, former CEO Western Europe-Africa and Member of the Managing Board of HeidelbergCement. In addition,...

Loma Negra board to consider equity offering

15 June 2017, Published under Cement News

Cimpor announced that the board of directors of its subsidiary, Loma Negra (Argentina) has called for an Extraordinary General Meeting (EGM) to consider the necessary moves required for it to pursue an equity offering on the local and international capital markets. The move is among the initiatives undertaken by Cimpor “to reinforce its capital structure,” the parent company said in a stateme...

Asia Cement denies Hualien mine expansion

16 June 2017, Published under Cement News

Asia Cement Corp has denied that it has been expanding mining operations in Hualien County, Taiwan,  following accusations by a filmmaker that mining has intensified at the site, the Tapei Times reports. Documentary filmmaker Chi Po-lin made the comments in May 2017 whilst filming a sequel to his aerial photographic documentary ‘Beyond Beauty: Taiwan From Above. Chi subsequently died in a he...