Indonesian July 2014 cement delivery fall 25%
Indonesian cement dispatches dropped by a quarter YoY to 3.7Mt in July 2014. The slowdown is attributed to falling economic growth, the presidential election and the Idul Fitri...
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Kenya National Cement Co to expand with IFC finance
The IFC is providing up to US$70m to Kenya's National Cement Company Ltd (KNCC) to expand the cement producer's operations, increase the local cement supply and promote infrast...
Semen Indonesia to expand to 72.9Mta by 2030
PT Semen Indonesia said that it intends to expand its production capacity to 72.9Mta by 2030. As a result, output potential would more than double its present capacity of 31.8M...
Vissai Ninh Binh Group exports 1.5Mt of clinker to France
Ciment de Bourbon has drawn up a contract with cement producer Vissai Ninh Binh Group, a private Vietnamese group, to receive 1.5Mt of clinker to facilitate the construction of...
PPC Barnet awards Sinoma DR Congo contract
A new US$300m cement plant will be built in the Democratic Republic of Congo. The 1Mta cement works, owned by PPC Barnet DRC, will be located near Zamba, in the Cataracts distr...
Changes needed to Pakistan cement tariffs and tax
With domestic cement dispatches dipping in July to 1.73Mt compared with 1.85Mt during same month last year, Pakistan producers witnessed a decline of 6.52 per cent. Furthermore...
Semen Gresik orders new silos for Rembang
Indonesia's Semen Gresik has ordered three new cement storage silos from Claudius Peters for its new integrated works at Rembang, Central Java. Claudius Peters will be suppl...
Argentina's July cement demand up 7.2% MoM
In July 2014, Argentina's cement market required 949,904t of cement (including imports), 7.2 per cent more than in June, but registering a 5.4 per cent YoY fall. The country'...
Bamburi posts first-half pretax profit drop
Bamburi Cement posted a 28 per cent drop in first-half pretax profit to KES2.3bn (US$26.2m) from KES3.2bn a year earlier. The Lafarge group company attributed the decline to ri...
China: MIIT issues warning on new capacity
China’s Ministry of Industry and Information Technology (MIIT) has issued an emergency decree ordering regulatory departments across the country to stop the cement sector from ...
New alternative fuel for Lafarge Canada BC cement plant
Lafarge Canada Inc and Van Houtte Coffee Services Inc are teaming up to replace a portion of Lafarge's fossil fuels energy at the Kamloops, British Columbia (BC) cement plant w...
Tajikistan output surpasses 0.6Mta in first seven months
Over the first seven months of the year, Tajikistan produced more than 0.6Mta of cement, some 0.58Mt more than the same period of last year, according to data from the country'...
Turkish producers divest of power unit
Turkish cement producers Batisoke Soke Cimento Sanayii and Baticim Bati Anadolu Cimento Sanayii have sold their jointly-owned power unit Tezli Dere Elektrik Uretimi. Batisoke ...
Senior appointments at Orient Cement, India
Orient Cement’s board of directors has appointed Rahul Deshmukh as chief operating officer at a meeting held on 7 August 2014. Meanwhile, Sushil Gupta has been named chief fin...
Fitch affirms HeidelbergCement’s ratings
Fitch Ratings has affirmed HeidelbergCement’s Long-term Issuer Default Rating (IDR) at 'BB+' and Short-term IDR at 'B'. The Outlook on the Long-term IDR is 'Stable'. The agen...
Tasek 2Q revenue lifted by domestic cement sales
Tasek Corp Bhd reported a 20.78 per cent rise in revenue for the second quarter, driven by higher demand for cement in its domestic market of Malaysia. Revenue for the three ...
Asia Cement (China) first-half profit rises
Asia Cement (China) said its profit attributable to owners for the six months ended 30 June 2014 rose 49.7 per cent YoY to CNY383m (US$62m). Revenue increased by 23 per cent Y...
Semen Indonesia outlines 2015 capex
Semen Indonesia has earmarked US$500m in capex next year in anticipation of an increase in infrastructure projects over the next five years, its president director has said. ...
Pokot factory nearing construction phase, Kenya
Construction is expected to start on the Pokot Cement Factory as the establishment of preliminary facilities gets underway. Governor of West Pokot, Simon Kachapin, said that ...
Adelaide Brighton downstream acquisitions, Australia
Adelaide Brighton Ltd has acquired two integrated aggregates and readymix concrete businesses, one in South Australia and the second in Queensland, progressing its long-term ve...
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