Cement News tagged under: capacity
CRH interested in HeidelbergCement US and Belgian units28 April 2016, Published under Cement NewsCRH has expressed an interest in acquiring HeidelbergCement’s US and Belgian assets. The Germany-based company is expected to divest in such units to comply with the requirements set by competition authorities for its acquisition of Italcementi. "US cement is of interest to us and we're fully aware of the asset that may spin out of the potential acquisition," Mr Manifold said. "With regards to Belgium, it's a prime asset and certainly it would make a good fit with our businesses, providin... |
LafargeHolcim considering Vietnam exit25 April 2016, Published under Cement NewsLafargeHolcim Group, a joint venture between Swiss Holcim Ltd. and French Lafarge Group, may withdraw from Vietnam due to oversupply of cement in the domestic market, said Nguyen Cong Bao, general director of Holcim Vietnam, a subsidiary of Holcim Ltd. The group had a meeting with the Vietnamese Ministry of Construction to notify of the group’ business plans in Vietnam for the coming time, Mr. Bao was quoted by Dau Tu newspaper as saying Wednesday. According to the newspaper, Vietnam Cemen... |
Taiwan's next phase21 April 2016, Published under Cement NewsWith demand far from its 1993 peak of 28Mt and export restrictions in place since 2011, the Taiwan cement industry has faced testing times in its recent history. As import protection ends in May 2016, ICR speaks with Christopher Pei, secretary general of Taiwan Cement Manufacturers’ Association, about expectations for this challenging new era. Christopher Pei, secretary general, Taiwan Cement Manufacturers’ Association In mid-2016, Taiwan’s cement industry is expected to ente... |
Sengileevsky rises again23 March 2016, Published under Cement NewsLast year saw the commissioning of Eurocement’s renovated Sengileevsky cement plant in Ulyanovsk, Russia. The modern 1.3Mta dry-process works includes bagged and bulk dispatching capabilities and has enhanced the company's distribution network by facilitating deliveries by barge to end customers. By Eurocement, Russia. Eurocement unveiled its new state-of-the-art Sengileevsky plant in July 2015 Eurocement’s Sengileevsky works launched production in 1913 following the commission... |
Lafarge halts EUR20m investment in Sagunto plant, Spain17 February 2016, Published under Cement NewsThe management of Lafarge yesterday made public its decision to halt the expansion of its quarry and its plant at Sagunto, Spain, due to “the uncertainty created by the new local government and the lack of viable alternatives,” according to El Mercantil Valenciano. The cement producer had intended to spend around EUR20m in upgrading its plant. In 2013 Lafarge and the town council of Sagunto agreed for the company to accept the limits to the use of its quarrying concession and move to the o... |
Saudi Cement shuts down two kilns30 December 2015, Published under Cement NewsSaudi Cement Co has closed down two kilns indefinitely as a result of high inventory, absence of growth in Saudi demand and the continuing ban on exports, it said in a bourse statement on Wednesday. The company reported an impairment charge of SAR66.2m (US$17.6m) in the fourth quarter of 2015 as a result of the kiln closures. Furthermore, Saudi Cement Co expects the fuel and electricity price hikes announced in the 2016 government budget to increase its production costs by SAR68m (US$18.13... |
PT Indocement23 December 2015, Published under Cement NewsDomestic cement demand in Indonesia grew by 4.7 per cent in November, compared to the same period last year, according to recent data from the Indonesia Cement Association (ASI). A boost in government spending on infrastructure projects was seen as the driver behind the expansion. This follows the 10.2 per cent increase seen in October this year when sales for the month hit almost 6.5Mt. According to ASI, sales for the year to date including November are 55.6Mt, up by 1.9 per cent on the sam... |
US Southeast's comeback story07 December 2015, Published under Cement NewsCement demand in the US Southeast (ie, Florida plus the ‘Piedmont’ states of Alabama, Georgia, Tennessee and North and South Carolina) was hard hit by the Great Recession. Since the 2010 trough, demand recovery in the region has been the strongest among the five US divisions but remains volatile and well below previous highs. Nevertheless, long-term prospects are better than average. By Rob Roy, ROI Consulting, USA. Cemtech Conferences & Exhibitions looks forward to welcoming delega... |
PT Indocement29 September 2015, Published under Cement NewsAccording to Reuters, some say that the outlook for domestic cement sales growth in Indonesia could be the worst in a decade. Production capacity has surged over recent years on the back of a promised increase in infrastructure spending. Recent figures put production capacity in the country at 75.5Mta by 2016, up by 67 per cent since 2011. But, in reality, infrastructure spending has been delayed by red tape and the Indonesian economy is growing at its slowest rate for six years. For PT ... |
Looking forward to growth09 September 2015, Published under Cement News15 July 2015 saw the official launch day of LafargeHolcim, the merger between building materials giants, Lafarge and Holcim, which brings into being a world leader with 386.5Mta of cement production capacity installed across the globe. Since Holcim and Lafarge revealed their merger plans on 7 April 2014, both companies have put in considerable effort to lay the foundations of a balanced partnership and avoid the proverbial clash of titans. They divested some of their assets to meet regul... |