Cement News tagged under: Plant Closure
Nesher Cement considering Haifa closure03 May 2019, Published under Cement NewsIsraeli cement producer is looking at closing its Haifa plant and moving jobs to Turkey, according to Globes. Last year the company dismissed 40 employees and is reportedly considering further lay-offs and reductions in its activity through Israel, including shutting down its Haifa works. The company’s profit declined sharply last year. In addition, the domestic cement industry is expected to continue to be challenged by large-scale cheap cement imports from Turkey. Imported cement acc... |
Anhui Conch24 April 2019, Published under Cement NewsAnhui Conch’s impressive 88 per cent YoY leap in profits last year is being attributed to China’s crackdown on polluting industries, including steel, coal and cement. The crackdown resulted in a reduced supply of cement in the country, boosting the price of the commodity by around 22 per cent to an average of CNY427/t (US$63.56/t). Despite the squeeze on supply, investment in construction remained stable, expanding by 9.5 per cent in 2018, according to Caixin Global. The Chinese cement se... |
Har Tuv Cement plant to face closure?18 January 2019, Published under Cement NewsHar Tuv Cement Ltd is reported to face the closure of its cement plant near Beit Shemesh, Israel. Reduced exports and an increase in competition in the local market due to Turkish and Greek cement imports were quoted by Israel Valley by as the main reasons for the challenges faced by the cement works. Har Tuv Cement Ltd operates a 1Mta integrated cement works. Until 2015 it was owned by market leader Nesher Israel Cement Enterprises, but the Director of the Antitrust Authority, Prof Davi... |
No reprieve for National Cement Company14 December 2018, Published under Cement NewsHisham Tawfik, Egypt's Minister of Public Business Sector, confirmed that the state-run National Cement Company (NCC) of Egypt will be shut down. NCC had closed after the public business sector ministry confirmed the difficulty of reforming the company's financial condition as it required investments of EGP1.5bn (US$873.5m). The cement producer's workers have been compensated with 180 per cent of their legal rights, added Mr Tawfik. |
Cemex Spain to close Gádor plant17 October 2018, Published under Cement NewsCemex Spain has announced the closure of its Gádor cement plant, which has been in operation since 1977. The closure of the cement works, announced via an employment regulation fire (ERE) to the works committees at the plant, will see the employment of 100 permanent and 200 temporary workers. The step follows the earlier statement that the company will also end operations at the Lloseta facility in the Balearic Islands. Cemex has said that the restructuring is a result of the current sl... |
New dry port to repurpose Himal Cement land22 August 2018, Published under Cement NewsPart of the land formerly occupied by the now closed Himal Cement plant in Nepal has been purchased as part of a new government development to build a dry port in Chobhar. A government agency called the Nepal Intermodal Transport Development Board (NITDB) has awarded contracts for the new US$22m development that will be completed by the end of January 2020. The government acquired 53ha of land belonging to the closed Himal Cement and 10ha of unoccupied land for the project. The develop... |
Cruz Azul partially closes Tula plant07 February 2018, Published under Cement NewsCruz Azul is partially closing its Tula plant in Hidalgo, Mexico, as it lacks current environmental authorisation for the operation of its plant. Staff of the Federal Procuracy for Environmental Protection (Profepa) carried out an inspection of the plant and when verifying documents, it was found that the plant did not have a current authorisation of the Environmental and Natural Resources Secretariat (Semarnat). As a precautionary measure the construction and operation of Raw Mill No... |
Jammu and Kashmir Cements’ Khrew plant shut due to coal shortage29 January 2018, Published under Cement NewsThe Khrew plant of Jammu and Kashmir Cements Ltd was shut for nine days as a result of a coal shortage. The shutdown occurred between 14-22 January and is reported to have cost the company at least INR60m (US$ 943,879) . Usually the cement producer stores 1.52Mt of coal, procured on advance payment from Kolkata. However, to meet exigencies and following losses, the company has now purchased coal from a private player at higher rates, reports the Daily Excelsior. According to sourc... |
SOTACIB Feriana shutdown results in white cement shortage23 January 2018, Published under Cement NewsThe production stop at the Feriana white cement plant of Société Tuniso-Andalouse de Ciment Blanc (SOTACIB) on 26 December 2017 has led to a shortage of white cement in the Tunisian market. The Tunisian Organisation for Consumer Information (OTIC) has warned against imports to fill the gap between demand and supply, stating imports were likely to be 2-3 times more expensive. The company announced on 5 January 2018 the plant would be closed from 19 January 2018 for a period of six mont... |
St Marys Cement halts production at Dixon plant22 December 2017, Published under Cement NewsSt Marys Cement has suspended operations at its plant in Dixon, Illinois, reports SaukValley. The plant currently employs 62 workers and the decision is expected to result in 41 job losses. The plant will stop manufacturing cement but continue the grinding process until the inventory is fully depleted, which is likely to be next summer. The decision arrived after the plant was noted to be at a transportation disadvantage. The company’s five other cement plants are ideally located to take ... |