Cement News tagged: International

Summit Materials reports rise in 2Q net income

24 August 2017, Published under Cement News

Summit Materials reported a 15.9 per cent YoY rise in 2Q17 net revenue to US$478.4m, primarily attributable to acquisition-related contributions, increased organic sales volumes across all lines of business, together with improved organic average selling prices in cement and ready-mix concrete. Operating income increased by 75.6 per cent to US$82.4m in the second quarter 2017, when compared...

Phase-out of Cemex Lapis sand plant approved

23 August 2017, Published under Cement News

The California State Lands Commission has unanimously approved the phase out of operations at Cemex’s Lapis sand plant. This agreement reflects a settlement of disputes with the State Lands Commission, California Coastal Commission and the City of Marina over the historical operations of the more than 110-year old Lapis sand plant. The plant's dredge mining operation will be phased out by th...

Production in construction down 0.5 per cent in euro area

22 August 2017, Published under Cement News

In June 2017 compared with May 2017, seasonally-adjusted production in the construction sector decreased by 0.5 per cent in the euro area (EA19) and by 0.2 per cent in the EU28, according to first estimates by Eurostat, the statistical office of the European Union. In May 2017 output in construction fell by 0.2 per cent in the euro area and by 0.5 per cent in the EU 28. In June 2017, compar...

Lafarge Cement rolls out new Point of Sale for Merchant Partners

22 August 2017, Published under Cement News

Packed cement pallet Aggregate Industries has designed new point of sale materials for its Lafarge Cement range to help support its merchant stockists drive sales.   F ollowing 18 months of product innovation to extend its range of packed products, including a Sulfate Resistant Portland fly ash cement and a Postmix offering, Lafarge Cement has launched what it describes as "a simple ...

Government data indicates growth in Pakistan cement sector

Government data indicates growth in Pakistan cement sector

22 August 2017, Published under Cement News

Pakistan's large-scale manufacturing sector increased by 5.6 per cent during FY16-17 compared with the previous year, with government officials attributing this growth to progress achieved in a number of industries, including the cement sector. According to the country's Federal Bureau of Statistics, Pakistan's cement output increased by 4.48 per cent YoY to 37.02Mt . However, in th...

Power issue at Mawlamyine Cement

18 August 2017, Published under Cement News

The Myanmar Ministry of Electricity and Energy has revealed that Mawlamyine Cement (MCL), a joint venture between Siam Cement Group and Pacific Link Cement, has not sought permission to run the power plant. The statement has been refuted by the cement producer. "From the ministry's reply, we can confirm that MCL didn't follow the electricity law. They did discuss with the ministry the insta...

Peru’s cement dispatches stabilise in July

Peru’s cement dispatches stabilise in July

21 August 2017, Published under Cement News

Peru’s cement dispatches edged up 0.6 per cent YoY to 0.777Mt in July 2017, according to the country’s cement association, Asocem. Domestic supply was supplemented by 100t of imported cement and 44,400t of imported clinker. Output from the country’s cement plants fell 1.2 per cent YoY to 0.827Mt in July. Of this figure, cement producers exported 32,800t, around 16 per cent less than in July...

East African Portland Cement appoints head of HR

17 August 2017, Published under Cement News

East African Portland Cement Company (EAPCC) has appointed Janerose Karanja as its head of Human Resources. Ms Karanja joins the company from the parent Ministry of Industry, Trade and Co-operatives as the cement firm embarks on organisational changes for its turnaround strategy. Ms Karanja is a human resource expert with more than 25 years' working experience, 12 in various State agencies ...

Cemex to supply Mexico City’s New International Airport

17 August 2017, Published under Cement News

Cemex expects to supply approximately 900,000m 3 of concrete for Mexico City’s New International Airport. “We are very proud to participate in one of the most important infrastructure projects in Latin America,” said Juan Romero Torres, president of Cemex Mexico. “Mexico City’s New International Airport will improve the quality of life for millions of people and strengthen the city’s posit...

Brazilian July sales down 10.5%

16 August 2017, Published under Cement News

Domestic cement sales in Brazil fell by 10.5 per cent in July 2017 to 4.7Mt compared to July 2016, according to data from SNIC, Brazil's national cement industry association. Sales per working day were also down by 10.5 per cent in the YoY comparison, but up by 3.3 per cent compared to June 2017,  Sales per working day were also down by 10.5 YoY, but up by 3.3 per cent compared to June 20...

Maple Leaf issues right share to finance expansion

17 August 2017, Published under Cement News

Maple Leaf Cement Factory Ltd will issue a right share to partially finance a 7300tpd clinker production line at Daud Khel in Iskanderabad, Mianwali, Pakistan. According to a statement to the Pakistan Stock Exchange, Maple Leaf's Board of Directors has recommended an issuance of 12.5 per cent right shares by offering 65,966,740 right shares to existing ordinary shareholders a price of PKR65/...

Foundation stone laid for new grinding venture

17 August 2017, Published under Cement News

President of Ghana Nana Addo Dankwa Akufo-Addo on Tuesday laid the foundation stone for the construction of a new grinding factory in the port city of Tema, some 30km east of the capital city Accra. The project is being executed by CBI Ghana, an affiliate of Lafarge-Holcim, and is to be located at the Free Zones Enclave. "I look forward to the construction of what we expect to be a state-of-...

Cemex builds sustainable BRT Lane in Mexico

15 August 2017, Published under Cement News

Cemex supplied 10,400m 3 of special concrete to pave the first Bus Rapid Transit (BRT) lane for one of the main avenues in Queretaro, central Mexico. Known as “QroBus”, this project was developed by the local Urban Development and Public Works authorities, headed by the Architect Romy Rojas Garrido. This BRT lane offers an alternative for sustainable mobility to residents of the state of Q...

Kenyan consumption contracts in 5M17

17 August 2017, Published under Cement News

Cement demand in Kenya over the Jan-May 2017 period fell to 2.5Mt compared to 2.5Mt a year earlier, according to the latest data from the Kenya National Bureau of Statistics (KNBS). Manufacturers also cut back on production in the first half of the year, from 3.31Mt to 3.18Mt. NIC Securities attributes the decline to a slowdown in private sector credit growth following discussions with ma...

CIMERWA launches bulk cement service

14 August 2017, Published under Cement News

Rwanda’s sole producer of cement, CIMERWA, on Friday introduced its bulk cement offering whic  will see customers receive cement directly at their construction sites without the use of bagged cement. Unveiling the new CIMERWA Bulk Cement service at a meeting in Kigali, company CEO, Bheki Mthembu, said its bulk truck will unlock some of the bottlenecks encountered with bagged cement. The vehi...

Saudi Arabia volumes down 19% in 7M17

17 August 2017, Published under Cement News

Saudi Arabia’s cement sales volumes have dropped by 19 per cent YoY to 28.3Mt during the first seven months of 2017, a report from Al Rajhi Capital reveals. The Saudi Cement sector report added that inventories stood at 33.6t. However, it pointed out that when looking at capacities, inventories and potential demand for each region, the northern region remains the weakest as current inventori...