Cement News tagged under: production

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Calls for a review of Vietnam's cement industry master plan

20 March 2013, Published under Cement News

Vietnam’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 expansion

19 March 2013, Published under Cement News

Burundi 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 shareholding

18 March 2013, Published under Cement News

Lafarge 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...

Clinker import tax hike threatens small, medium-sized producers in Assam, India

18 March 2013, Published under Cement News

Medium and small-sized cement producers in Assam have criticized a proposal by the state government to raise the import tax of clinker by four per cent. The new proposal will see the entry tax on clinker raised from two to six per cent, applicable only to small and medium units, according to reports in the Economic Times. Industry sources said the proposal to raise the entry tax would adversely affect the small grinding units in the state. "It will increase the cost of production of the...

Vicem cement sales rise 30% in Jan-Feb

15 March 2013, Published under Cement News

Vietnam Cement Industry Corp (Vicem) has reported a rise in overall cement and clinker sales for the first two months of the year but export volumes declined. The country’s largest cement group sold 2.88Mt of cement and clinker in the first two months of the year, up by 30 per cent from a year earlier. Some 2.85Mt of cement and clinker was sold on the domestic market, a 44.5 per cent YoY rise, while 24,000t of cement was exported which was a decline of 36.8 per cent on the previous yea...

Vietnam Jan-Feb production rises 16%

01 March 2013, Published under Cement News

Vietnam is estimated to have produced 8.2Mt of cement in the first two months of this year, up 16 per cent from a year earlier, according to the government’s General Statistics Office (GSO) said. In February, the country’s cement output is likely to have fallen by 23.91 per cent from January and nine per cent from the same month of last year to 3.5Mt, the GSO said in a monthly report released late Tuesday. The office revised the country’s cement output in January to 4.6Mt from the earlier ...

Iranian output rises 5.6% YoY

28 February 2013, Published under Cement News

Iranian output continues its upward climb as the country produced 5.6 per cent more cement in the first 11 months of the current Iranian calendar year (which began on 20 March 2012) compared to the same period of the previous year. Production for the 11 months reached 64.1Mt of cement, IRNA reported on Wednesday. Output is expected to reach 75Mt for the full year with exports In of 12Mt. Next year, the country plans to lift this volume by 13.3 per cent to 85Mt. By 2015 production capac...

Cementos Bio Bio raises output 8% in 2012

20 February 2013, Published under Cement News

Chilean cement producer Cementos Bio Bio increased its production by eight per cent YoY from 1.5Mt to 1.6Mt in 2012. As a result, the company, led by Hernan Briones, was able to maintain its 29 per cent market share. Over the same period, Bio Bio also raised its concrete sales by nine per cent from 2.4Mm3 to 2.6Mm3, holding its 27 per cent market share. Lime sales were 11.7 per cent higher at 583,000t. The company continues the expansion of its Copiapó lime plant, which represents a ...

India: JK Lakshmi hit by slower demand, higher costs

18 February 2013, Published under Cement News

JK Lakshmi has reported subdued performance for the third quarter of the current fiscal year due to high freight costs and flat growth in dispatches. Profits declined by 16 per cent to INR41 crore YoY in the quarter ending December 2012 and lower construction activity led to a 2.7 per cent increase in dispatches. Rising diesel and freight costs also negatively affected results and, due to lower demand, the company was unable to pass on costs to consumers. JK Lakshmi, which operates...

Nigeria: managing the surplus

18 February 2013, Published under Cement News

Earlier this week United Cement Company of Nigeria Ltd (Unicem) became the latest domestic producer to announce a new round of investment as it aims to double capacity by 2016. But with the country's recent drive to increase volumes resulting in the present-day overcapacity situation, particularly in the southwest, how will the market deal with the situation and what measures are producers taking to manage the surplus?   The last two years have seen Nigeria come of age, at once becoming sel...