Cement News tagged under: Capacity
Pakistan: no dismantling of cement plants around Katas Raj22 January 2018, Published under Cement NewsPakistan’s Supreme Court will not issue any order to dismantle existing cement plants as output from the facilities will be required for the ongoing China-Pakistan Economic Corridor project, said Chief Justice Saqib Nisar. The Supreme Court's attention was drawn towards the holy pond, part of the Katas Raj temple complex, which is drying out due to water consumption by nearby cement factories that draw water using a number of drill bores and have severely reduced the subsoil water level a... |
Cauldon’s six decades10 January 2018, Published under Cement NewsLast year saw Aggregate Industries celebrate six decades of cement production at the Cauldon plant, the first dry-process cement works in the UK. Ignacio Mirasol, plant manager at Cauldon, takes us through the plant’s history and how it has changed during this time to meet today’s market requirements. Aggregate Industries’ Cauldon plant celebrates six decades of history ICR: What was the cement plant’s initial capacity in 1957 when it became the UK’s first dry-process cement pl... |
Deadline for bidding on Binani Cement extended08 January 2018, Published under Cement NewsThe deadline for bidding on Binani Cement, which is currently undergoing the bankruptcy process, has been extended until 15 January 2018, reports DNA India. The Rajasthan-based company has attracted a large number of bids and is taking potential investors to visit its plant in Dubai. The company owes banks approximately INR40bn (US$631m) with the total amount owed to lenders reaching about INR70bn. Although, due to the heightened interest in the company, banks are expecting to achieve ov... |
Iran's output falls 4% YoY in 6MFY17-1822 December 2017, Published under Cement NewsThe output of Iran’s cement industry fell by 3.7 per cent YoY to 28.5Mt for the first six months of the current financial year (started 20 March 2017), according to Trend News Agency. Despite this decline in output, the country’s capacity has increased within 2017 to 83Mta from 72 plants. Deterioration in Iran’s cement exports means that it lost its 2014 ranking of second-largest exporter in the world. The country slipped to third place in 2016 and is expected to receive eighth place in 2... |
Egypt's juggling act14 November 2017, Published under Cement NewsDespite the Egyptian government’s focus on infrastructure investment, the country’s cement producers have had a difficult year so far with energy prices rocketing, competition intensifying and a currency crisis playing havoc with prices. Many are investing in their energy mix as a way of protecting their market share and margins going forward. In Cairo, old and new coexist while ambitious plans are afoot to build a US$25bn New Administrative Capital, 45km east of Cairo, by 2022.... |
India: glimmers of hope26 October 2017, Published under Cement NewsThe Indian cement sector appears to have shrugged off the impact of demonetisation but 1QFY18 figures suggest recovery will be slow. However, confidence is starting to build on the back of a pick-up in demand from rural and semi-urban regions, while pricing improvements have led to improved profitability for the country’s leading producers. Will the glimmers of improvement starting to be seen translate into a better year for the Indian cement sector? With the effect of demonetis... |
Fauji cement reopens Line 224 October 2017, Published under Cement NewsFauji Cement Company Ltd (FCCL) has informed the Pakistan Stock Exchange (PSX) that: "Rehabilitation works on Line 2 of 7200tpd have been completed. Line 2 was made operational on 15 October 2017 and production of clinker commenced on 22 October 2017 at an enhanced capacity of 7600tpd." Local experts believe that this step will help normalise gross margins of FCCL effective 2QFY18 and beyond. Line 2 was expected to return to operations at the end of this month, according to an ear... |
Turkey's time for growth11 October 2017, Published under Cement NewsTurkish cement producers faced a challenging year in 2016 as geopolitical and domestic events impacted on the country’s economy. However, domestic cement demand potential remains sound and going forward, relatively modest growth is expected as the government invests in public housing and infrastructure to support its growing population. By Turkish Cement Manufacturers’ Association (TÇMB), Turkey. Government investment in infrastructure and housing is expected to support Turkey’s ceme... |
July's cement dispatches see significant rise in northern Pakistan11 September 2017, Published under Cement NewsPakistan's local dispatches from units based in its northern region were 2.423Mt, while the region's export dispatches reached 0.338Mt in July 2017, representing a significant increase from 1.516Mt local and 0.306Mt export dispatches reported in July 2016. The turnaround was a surprise, after a poor June 2017, particularly when considering the political turmoil and unprecedented rains throughout the country during the month. Cement mills in the south also recorded a growth in local di... |
East Africa: time to shine?04 September 2017, Published under Cement NewsEast Africa’s future appears significantly brighter as economic growth accelerates following the recent challenging years. Increased construction demand is expected to fuel cement consumption and producers are gearing up for sustained market growth. However, competition is set to increase as new entrants claim their market share. By Francis Mwangi, Standard Investment Bank, Kenya. Fuelled by a need for infrastructure and houses, increased construction demand in places such as Nairo... |