Cement News tagged under: White cement
Cementir bets on US for 2018-20 revenue targets29 June 2018, Published under Cement NewsCementir will seek long-term value creation by doubling earnings per share by 2020 compared to 2017, announced Francesco Caltagirone, chairman and CEO of the Italian cement producer this week at the company's investor conference in Milan' According to the group's ambitious 2018-2020 business plan, the company is targeting revenues and EBITDA of EUR1.34bn and EUR270m, respectively, by 2020, while net debt is forecast to fall to EUR50m at the end of the period. The USA is seen as the main g... |
US Cement receives key permit for white cement plant19 June 2018, Published under Cement NewsUS Cement LLC has received a draft air permit from the Texas Commission on Environmental Quality for a white cement plant near the town of Brady. Groundbreaking for the 0.5Mta facility, which sits on a limestone deposit of 80Mt, is scheduled for the first half of 2019. Part of Royal White Cement, US Cement expects to invest more than US$200m in the plant, incorporating the latest production technology and environmental control systems. Some 300 workers will be needed during the construct... |
HeidelbergCement to sell to stake in Lehigh White Cement Co15 February 2018, Published under Cement NewsHeidelbergCement announces that its subsidiary Lehigh Cement Company LLC has signed an agreement to sell its 51 per cent position in Lehigh White Cement Company to the minority shareholders Aalborg Cement Company Inc and Cemex Inc. The enterprise value of the transaction amounts to about US$140m. Closing of the transaction is subject to customary conditions and is expected during the first quarter 2018. “As a niche product with small volumes, the standalone production of white cement does... |
Uzbekistan plans to produce 9.2Mt in 201819 December 2017, Published under Cement NewsThe government of Uzbekistan has approved a balance of production and consumption of cement for 2018. The country plans to produce 9.198Mt of cement in 2018, with Uzstroymateriali to produce 7.775Mt. Almalyk Mining and Metallurgy Combine’s output is expected to reach 998,000t and other companies some 425,000t. The forecast domestic consumption will surpass 9.534Mt, which will include 370,000t of imports, according to the government resolution “On production and consumption of cement i... |
Iran exports 7.1Mt of cement in 7FY17-1815 November 2017, Published under Cement NewsIran has exported cement to the value US$233m in the first seven months of the current financial year (started 20 March 2017). In terms of volumes, 7.1Mt of cement were exported to some 34 countries during this period. Exports included US$5000 of white Portland cement to the US but Iran’s main customer was Iraq, with an offtake of cement to the value of US$64m. Smaller shipments were delivered to Afghanistan (US$46m) and Kuwait (US$23m). In terms of products, white cement was the most... |
Germany: a positive outlook?31 October 2016, Published under Cement NewsAs the German economy continues to expand, investment in construction is rising. However, the recovery of the key market appears to be slowing and cement demand in 2015 slipped when compared to the previous year’s volumes. But with imports declining and exports recovering, the outlook for domestic cement producers is improving. Will Germany's cement producers be able to look forward to a continued recovery in the domestic construction market? The German economy expanded 1.7 per ... |
JK Cement: white cement demand growing?24 August 2016, Published under Cement NewsAccording to JK White Cement executives, white cement has witnessed an increase in demand over the past few years. In a statement the company said, "In the modern construction world, the demand and requirements for aesthetics undergo rampant changes. And to accommodate them, we at JK White Cement have always provided with products that best fit to these ever changing demands.” An increased demand for white cement could be attributed greater importance being placed on the aesthetics of con... |
Cementir boosted by financial items31 July 2015, Published under Cement NewsCementir's turnover edged ahead by 0.6 per cent to EUR475.7m in first half of 2015, as the improvements in Denmark and Sweden made up for lower results from Norway and Turkey while Italy was broadly stable. EBITDA, however, declined by 6.7 per cent to EUR73.14m. After a 3.4 per cent increase in depreciation and similar charges, the trading profit was down by 17.7 per cent to EUR31m. The net financial item swung from a EUR6.2m loss to a EUR5.3m profit, resulting in a pretax profit 15.3 per ce... |
JK White Fujairah in full swing12 November 2014, Published under Cement NewsEarlier this year, JK Cement Ltd commissioned its new dual 0.6Mta white/1Mta grey cement works in the UAE. The so-called ‘swing plant’ has effectively doubled the Indian cement producer’s overall white cement capacity, provided it with a white cement production base in the Middle East and positioned it to serve grey cement market needs. By MP Rawal, D Ravisankar and N Gowrishankar, JK Cement Ltd, India. JK Cement Ltd’s new dual product Fujairah works, UAE, has a white and grey clinker... |
CBR to close Harmignies cement plant, Belgium23 January 2014, Published under Cement NewsCBR, part of HeidelbergCement, announced Wednesday to staff representatives that the company plans to close the Harmignies 0.22Mta white cement plant in Belgium, a move which is expected to affect 97 jobs. "This announcement can be explained by the structural difficulties faced by the plant as well as the deterioration of the white cement market. If it is confirmed, this could generate for the collective dismissal of 97 workers at the site," said the works’ management, stressing that a the... |