Cement News tagged under: Weekly Newsletter
Indonesia: Bosowa Corp opens new 1.8Mta grinding plant19 December 2016, Published under Cement NewsThe Bosowa Corporation has started operation of two new facilities in Banyuwangi, East Java, built with a IDR1.59trn (US$118.2m) investment as part of its expansion strategy this year. The company has completed a cement grinding plant worth INR800bn and a liquefied petroleum gas (LPG) terminal worth INR787bn, are set to tighten Bosowa's grip on both the cement and energy industries in the surrounding regions. "The facilities aim to strengthen distribution and the existence of LPG and cemen... |
Pakistan: Fauji Cement and Sinoma sign WHR project19 December 2016, Published under Cement NewsSinoma Energy Conservation Co will supply and setup a power generation plant for Fauji Cement Co Ltd (FCCL), which will produce 7.6MW electricity by capping waste heat gases of cement plant from Line-1 and the Wartsila captive power plant. The project will commence on 1 January 2017 and will be commissioned in 14 months. This will be the second Waste Heat Recovery (WHR) power plant after the first one with a capacity of 12MW was commissioned on Line-2 on 23 March 2015. On completion... |
USA: Portland and blended cement shipments in September fall 2.8%16 December 2016, Published under Cement NewsTotal shipments of Portland and blended cement in the USA and Puerto Rico in September 2016 were about 8.8Mt, down by 2.8 per cent from sales in September 2015. The leading cement-producing states for Portland and blended cement in September 2016 were Texas, Missouri, California, Florida, and Michigan (in descending order} and these accounted for about 41 per cent of the national total. The leading cement-consuming states (Texas, California, Florida, Illinois, and Ohio, in descending orde... |
New EU carbon allowance mechanism proposed15 December 2016, Published under Cement NewsMEPs have proposed that a system should be established for the cement and clinker sectors, among others, whereby importers will be required to surrender allowances to cover for the carbon content of imported goods. The Border Adjustment Measurement (BAM) scheme should be fully compatible with WTO rules and "focus on sectors with a low trade intensity and high emissions intensity such as cement," MEPs said. "Once this mechanism is in place, no free allocation shall be given to sect... |
Mexico: Cemex increases cement price 11%15 December 2016, Published under Cement NewsCemex notified its distributors that from January 2017 it will increase the price of grey cement by around 11 per cent nationwide. Other producers such as Holcim and Cruz Azul are following suit with similar price rises of around MXN300 (US$14.60) Distributors of Construramas, Cemex’s chain of shops in Nuevo Léon and other Mexican states said the latest price rise will see cement at MXN2740-3000/t. Retail customers in Nuevo Léon will see the price of a 50kg bag of cement rise by MXN155-172... |
Lafarge Surma Cement acquires Holcim Bangladesh15 December 2016, Published under Cement NewsThe Board of Lafarge Surma Cement Ltd has approved the acquisition of 100 per cent shares of Holcim Bangladesh from LafargeHolcim Group. The transaction is subject to approval by the shareholders of Lafarge Surma as well as other regulatory and customary approvals in Bangladesh, according to a company statement. Following the completion of the transaction, the company will own the only clinker production facility in Bangladesh and four grinding plants across the country. "This synergy w... |
Indonesian cement sales fall 9% in November14 December 2016, Published under Cement NewsThe Indonesian cement market is seeing a steep fall in cement sales as the year draw to a close. Cement sales volume during January-November 2016 was almost stagnant with November sales down nine per cent when compared with the same period last year to 5.74Mt, according to the Indonesian Cement Association (ASI). Cement sales volumes during the 11M16 period increased only 0.3 per cent YoY to 56.5Mt. In 2015 sales expanded by 1.8 per cent driven by government spending at the end of the yea... |
Slovenia: Salonit receives EUR15m EBRD loan14 December 2016, Published under Cement NewsThe European Bank for Reconstruction and Development (EBRD) has announced it is to provide a EUR15m loan to Salonit Anhovo to help it improve its operations. The funds will be used for energy and resource efficiency improvements and to restructure the company’s balance sheet. Salonit operates the largest cement works in Slovenia and alternative fuels account for 64 per cent of all fuel used for burning clinker. The EBRD loan, which will enable the installation of state-of-the-art equipmen... |
Bahrain: APICorp acquires 30% Falcon Cement stake13 December 2016, Published under Cement NewsMultilateral development bank Arab Petroleum Investments Corp (APICorp) announced it acquired a 30 per cent stake in Bahrain’s Falcon Cement Co (FCC), one of the largest cement producers in Bahrain. FCC has a current capacity of 1000tpd and is well on its way to more than double its production capacity to 2400tpd by 2017. The cement company is expected to capitalise on a series of major industrial and infrastructure projects that are fuelling the kingdom’s construction industry. The US... |
Côte d'Ivoire: Anyama grinding unit nears completion06 December 2016, Published under Cement NewsOumar Tembely, the director and resident head of mission of the West African Development Bank (BOAD) in Côte d'Ivoire, led a delegation on Saturday to see the progress being made in its investment of Diamond Cement's new grinding station, located 40km from Abidjan, on the road leading to Adzopé. The construction of the Anyama plant started in January 2015. Currently, the rate of completion of work is estimated at 85 per cent. The end of the construction, which currently employs around 2... |