Cement News tagged under: production
Association warns of industry losses through exports, Vietnam12 April 2013, Published under Cement NewsDespite the Vietnamese government calling for the domestic industry to increase exports, the chairman of the Vietnam Building Association has called for local producers to cooperate in a fair pricing environment to prevent further losses. Last year producers were reported to have incurred a loss of US$80m as volumes were sold at below floor prices to undercut each other, said Mr Huynh, chairman of the association. According to him, local firms sold their products at US$40-45/t, incurring ... |
Vietnam cancels nine proposed cement projects08 April 2013, Published under Cement NewsNine proposed cement projects in Vietnam are to be cancelled by the government following calls by the Vietnam Building Materials Association to help bring cement capacity more in line with market trends. According to reports by Vietnam News Brief Service, the projects cancelled by Vietnamese Prime Minister Nguyen Tan Dung, include Ha Tien-Kien Giang, Truong Son- Ro Li, Hop Son, Ngoc Ha, Vinafuji Lao Cai, Thanh Truong, Son Duong, Quang Minh and Cao Bang. Each was reported to have a capacit... |
UltraTech Cement production at 4Mt in March04 April 2013, Published under Cement NewsUltraTech Cement said that the company’s total production for March 2013 was 4Mt. Dispatches were 4.01Mt, the company said in a filing to the Bombay Stock Exchange. India’s largest cement company recently announced that it had commissioned two new cement facilities as part of its ongoing expansion drive to raise cement capacity by 9.2Mta to 62Mta. The recently-commissioned plants are a 3.3Mta brownfield clinker works at Rawan, Raipur, Chhattisgarh state and a 1.6Mta grinding unit in Hotgi... |
Vietnam first-quarter production rises 2.1%01 April 2013, Published under Cement NewsVietnam is estimated to have produced 12.4Mt in the first quarter of 2013, representing a rise of 2.1 per cent YoY, the latest data from the General Statistics Office (GSO) shows. The government-run office has revised down its figures for January and February 2013 from an earlier estimate of 8.3Mt to 7.4Mt. During March alone, the country's output is likely to have fallen by two per cent YoY to 5Mt, the monthly GSO figures show. For this year, domestic sales are expected to rise by 5-... |
China output climbs 10.8 per cent YoY28 March 2013, Published under Cement NewsCement production in China reached 237.29Mt in the first two months of 2013, an increase by 10.8 per cent from the same period of last year, according to latest data from the National Development and Reform Commission. The rate of growth over the Jan-Feb 2013 period has accelerated from the 4.8 per cent growth seen during the same period of 2012. However, cement prices have continued to fal with the average ex-factory price from major companies declining by CNY7/t from December and CN... |
China’s transition underway27 March 2013, Published under Cement NewsThe speed of China’s cement industry restructuring was always going to be a drawn-out affair. The scale of the market and ambitious modernisation plans of a government intent on reshaping the industry in a relatively short space of time have presented challenges, but there is no turning back and reform is well underway as the country’s legendary cement market matures. ICR looks forward to meeting delegates at the China International Cement Conference, 24-26 April 2013, Beijing Exhi... |
Iran reports strong export gains in first 11 months21 March 2013, Published under Cement NewsCementitious exports from Iran have risen by 35 per cent in value terms during the first 11 months of the current Iranian calendar (beginning 20 March 2012), to reach a total of US$822m. Exports totaled 10.4Mt, a rise of 27 per cent YoY, according to reports by Trend News Agency. Export destinations include some 24 countries including Iraq, Azerbaijan and Turkmenistan. Iran’s cement output is expected to reach 75Mta by the end of the current Iranian year, with plans to lift this volum... |
Calls for a review of Vietnam's cement industry master plan20 March 2013, Published under Cement NewsVietnam’s Building Materials Association has used the Ministry of Construction (MoC) to adjust the master plan for the cement industry for the 2011-20 period and has suggested a series of measures to ease the current surplus situation. The move follows a rising inventory following increases in capacity and lower domestic demand. Current inventory is estimated to reach 25Mt by 2015 and 40Mt by 2020. The association has therefore proposed the government halt nine small cement projects and r... |
Burundi Cement Co doubles production, eyes capacity expansion19 March 2013, Published under Cement NewsBurundi Cement Co (BUCECO), the central African country’s sole supplier, has doubled production and profits in its first two years of operation and is considering doubling capacity, the company has said in a statement. BUCECO, which began production in January 2011 produced 70,500t of cement in 2012 compared to 34,500t the year before. Profits have risen from BIF12.9m (US$10m) in 2011 to BIF31.4m (US$22m) last year. The company’s founder and owner Tribert Rujugiro Ayabatwa said that th... |
Lafarge Zimbabwe to reduce foreign shareholding18 March 2013, Published under Cement NewsLafarge and the Zimbabwe government have agreed on Lafarge reducing its shareholding in the Zimbabwean cement manufacturer to 49 per cent. “We have agreed with the relevant authorities on the indigenisation modalities to bring down foreign shareholding to 49 per cent, in line with the indigenisation and economic empowerment [policy]. To this effect, our indigenisation plan was approved,” according to Muchadeyi Masunda, the chairman of Lafarge Cement Zimbabwe told local press. Last year... |