Cement News tagged under: closure

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Indonesia: Indocement cuts production by 1Mt

10 August 2016, Published under Cement News

PT Indocement Tunggal TBK will cease operations at two production lines at its Citeureup plant due to the national cement excess, resulting in a 1Mta drop in output levels. The fall in cement sales in the country resulted in Indocement seeing its domestic sales volume drop 3.7 per cent to 7.9Mt QoQ in 2Q16. However, exports for the company increased by 190,000t when compared to the same period last year. President Director of Indocement, Christian Kartawijaya, said, “we supply a lot of pr...

New Zealand: Holcim Westport works close

26 May 2016, Published under Cement News

The closure of Holcim’s Westport cement works next month will result in a loss of jobs and profits for Westport Harbour Ltd (WHL). Holcim is Westport’s main customer, with its cement shipping generating over 80 per cent of WHL's revenue. WHL is a subsidiary of Buller Holdings Ltd (BHL). BHL chief executive Stephen Lowe said seven people would lose their jobs, including five dredge crew and to engineers. They will ensure the dredge and tug remains operational so that it can be used immediat...

Rep of Congo: Cimenterie de Lukala to close down

06 May 2016, Published under Cement News

Cimenterie de Lukala (CILU), located in the Republic of Congo, will be closing down due to “the unfair competition it has faced since December 2015”, according to its CEO, Ola Ora. The factory had been running at capacity utilisation rates of below 50 per cent in recent times. The country’s government had allowed conditional imports of cement into the Republic of Congo. Domestic cement demand is estimated at around 3Mt, but local production is limited to 0.5Mt.

LafargeHolcim

05 January 2016, Published under Cement News

Holcim Belgique is closing five ready-mixed concrete plants in Flanders, a move that will affect around 60 employees. The works being closed are at Furness, Ostend, Bruges, Izegem and Herentals. Lafarge Cement Zambia, which has a combined capacity of 1.4Mta from its two works, is to quadruple its exports to Congo and from Malawi. In additioin, the production should be increased by 0.1Mta from next month. The Chinese LafargeHolcim associate Huaxin Cement Company is to invest some US$150...

Saudi Arabia: weak demand keeps Hofuf kilns closed

22 September 2014, Published under Cement News

Saudi Cement Co said it would not restart the two refurbished kilns at its Hofuf plants as the company currently has a high inventory level and market demand remains weak. “The feasibility of operating these two kilns shall be reconsidered whenever market conditions warrant that,” the statement said. The company expects to record annual depreciation charges of about SAR7.6m (US$2m) related to the kilns from 4Q14 onwards. In the year to August Saudi Arabia’s largest cement producer h...

Cemex

04 April 2013, Published under Cement News

Cemex Deutschland will have closed more than 10 batching plants by the end of March, either on a temporary or permanent basis, because of reduced levels of demand.