Cement News tagged under: Weekly Newsletter
Lafarge-Algérie's Oggaz plant ups output 10%04 April 2017, Published under Cement NewsLafarge-Algérie's Oggaz cement plant increased its cement output by 10 per cent in the last quarter to meet the country’s growing cement demand, according to plant manager, Jean-Louis Sibiede. In the past three months, the works produced 0.953Mt, including 0.844Mt of grey cement. The company converted part of the plant’s white cement production lines to produce grey cement to meet growing demand from developers and wilaya authorities. The authorities are currently carrying out three ma... |
Colombian cement dispatches slip 3.6% in Feb1731 March 2017, Published under Cement NewsColombia's cement market in February 2017 contracted 3.6 per cent to 1.008Mt when compared with February 2016, according to DANE, the country's statistics office. Domestic cement plants produced 1.048Mt in the second month of the year, representing a 2.6 per cent decline YoY. In January-February 2017, cement sales reached 1.921Mt and were down 3.2 per cent when compared with January-February 2016. Cement production in the first two months of 2017 fell 4.2 per cent YoY to 1.959Mt. The l... |
Saudi Arabia: sales volume falls 20% in 2M1731 March 2017, Published under Cement NewsCement sales in Saudi Arabia remain weak and see a further downward revision in sector earnings for 2017. In the first two months of 2017, sales volume fell 20.4 per cent on an annual basis, while in 2016, cement dispatches declined 10 per cent YoY (54.8Mt), according to a report by Al Rajhi Capital. "In this context, we show the impact on companies based on our expectations of demand in 2017. With regard to prices, we have already seen prices decline sharply for Central and Western r... |
Pakistan: Gharibwal Cement to site new plant in Haripur30 March 2017, Published under Cement NewsIn an announcement to the Pakistan Stock Exchange, Gharibwal Cement has said that has been awarded a licence to prospect for limestone in Haripur district with a view to establishing a new cement plant. On 29 March Gharibwal was among 14 firms that were given permission by the government of Khyber Pakhtunkhwa to establish a new cement plants in the province. Today’s announcement indicates that Gharibwal’s new unit will be located in Haripur, just to the north of Pakistan’s capital, Islama... |
EU reportedly set to block HeidelbergCement, Schwenk's Cemex Croatia deal29 March 2017, Published under Cement NewsEU antitrust regulators are set to block HeidelbergCement and Schwenk's joint bid for Cemex's Croatian unit barring a last minute change of mind, Reuters reports. The European Commission, which opened an investigation into the deal in October last year, has not been convinced so far by the companies' offer to lease a terminal on the Dalmatian coast to a rival to address its concerns, the news agency reported citing two source familiar with the matter. The EU competition authority has said ... |
Tanzania: Moshi plant ordered to halt operations on pollution concerns29 March 2017, Published under Cement NewsMoshi cement factory has been ordered to halt operations over environmental pollution concerns, with the Tanzanian government demanding the implementation of the National Environment Management Council’s (NEMC’s) recommendations. January Makamba, minister of state in the Vice President’s office, Union and Environment, ordered the immediate closure of the factory, stating: "This factory should from effective today halt operations pending implementation of NEMC recommendations on environment... |
USA: Ecocem to appeal San Francisco Bay grinding plant planning refusal27 March 2017, Published under Cement NewsEcocem is appealing the decision by a US local authority to refuse the Irish cement manufacturer permission to construct a EUR45m (US$47.5m) grinding plant in San Francisco Bay. The planning commission in Vallejo, California, recently refused Ecocem’s subsidiary, Orcem Americas, permission to build on the city’s waterfront based on environmental concerns including increased traffic and pollution. The Irish Times reported on Friday that Orcem has since lodged an appeal with Vallejo city... |
Indocement expects 3-5 per cent rise in domestic consumption22 March 2017, Published under Cement NewsIndonesia's second-largest cement producer, PT Indocement Tunggal Prakarsa, expects domestic cement consumption to increase by 3-5 per cent in 2017, its President Director, Christian Kartawijaya, told the Jakarta Post. Mr Kartawijaya said that he attributes the expected rise in demand due to a number of factors including funds coming from the government’s tax amnesty, the drop of interest in housing loans (KPR) and relief in requirements for the loan-to-value (LTV) ratio. Last year Indoc... |
Moroccan cement sales slip 10% in February20 March 2017, Published under Cement NewsMorocco's cement market contracted 9.9 per cent YoY in February to 1.064Mt from 1.181Mt in February 2016. The Laayoun-S Elhamra region saw the largest decrease of 39.4 per cent YoY to 6.761Mt while other significant decreases of 15-16 per cent YoY were reported in the key markets of Tanger-Tétouan and Al Houceima, Casablanca-Settat and Marrakech-Safi. However, YoY growth was noted in Guelmim-Oued Noun (+88.1 per cent), Dakhla-Oued Ed-Dahab (+27.7 per cent), Drâa-Tafilet (+74 per cent) and... |
Uruguay: Ancap to make further production cuts20 March 2017, Published under Cement NewsAncap is expected to make cuts in overtime, security and cleaning personnel to move the company's results closer to the black while keeping both plants at Minas and Paysandú operational, according to the newspaper El País de Montevideo. Losses at the companies reached US$207m in the past decade with 2016 results indicating a loss of US$25m. To return Ancap to profitability, the company’s syndicate has proposed to access international reserves to install a third kiln line at Paysandú, part... |