Cement News tagged under: cement prices

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PT Indocement

03 February 2015, Published under Cement News

Buoyed by strong demand from Indonesia’s infrastructure sector, PT Indocement expects its cement sales to rise by 5-6 per cent in 2015. With work already underway on its new 4.4Mta brownfield plant, which is due to be operational by the end of this year, the company predicts a rise in production capacity from 20.5Mta in 2014 to 24.9Mta by the close of 2015. Following government instructions issued earlier this month to reduce cement prices, Indocement has slashed its average price from ID...

Semen Indonesia

03 February 2015, Published under Cement News

PT Semen Indonesia has revealed plans to spend IDR7-9trn on capital expenditure in 2015, up by IDR3trn on 2014’s figure. Around IDR5trn has been earmarked for two new plants, one in Rembang in Central Java, which is due to start operations in 4Q16, and another in Indarung in West Sumatra, which is due to begin production in 1H16. The two new plants will add 6Mta capacity to the company’s current 31.8Mta. An additional IDR1-2trn has been allocated for upgrading packing plants with a further I...

Egypt: cement prices hold firm as energy sources change

27 November 2014, Published under Cement News

Companies have fixed their cement prices and are subject to regular ministry investigations and inspections, said Minister of Supply, Khaled Hanafy, in a Wednesday statement. Cement companies announce their prices by the third week of every month. The investigations are conducted at supply firms, factories, wholesalers and cement retailers to ensure their compliance with the prices they state, said the minister. Suez Cement (Italcementi Group), which operates Tourah, Helwan and Suez cement...

Paraguay: cement price to fall 15%

16 September 2014, Published under Cement News

Cement prices in Paraguay are forecast to fall 15 per cent and production raised by 18,0000 from its present 47,000 bags after several capital investments by Industria Nacional del Cemento (INC) are completed, according to Jorge Méndez, the cement company’s president. The largest investment relates to the fuel conversion of the kiln. “At present we are currently in the pre qualification stage of this project and will award the contract at the end of the year. The conversion will reduce co...

Indonesia: electricity price rise alarms cement producers

08 May 2014, Published under Cement News

Surging electricity costs resulting from subsidy withdrawal by the Indonesian government have been cited as the reason for Holcim Indonesia to bring forward plans to increase cement prices this year and for PT Semen Indonesia to consider doing the same. The government began raising electricity costs on 1 May 2014 by either 38.9 per cent or 64.7 per cent, depending on businesses’ power consumption. Eamon Ginley, Holcim Indonesia president director, said that the cement-price increase was ...

Pakistan producers raise cement prices

05 May 2014, Published under Cement News

Cement prices in Pakistan have increased by PKR10/50kg bag from PKR525 (US$5.31) to PKR535. Cement companies, including DG Khan Cement, Lucky Cement and Falcon Cement have raised the price of a 50kg bag from PKR515.20 to PKR525.35. In June 2013, a 50kg bag cost PKR450 but after the budget announcement it rose to PKR500 in July as the sales tax regime was changed. Cement makers that are dependent on power from the national grid have attributed the rise to a hike in power rates by Nepra....