Argentina’s cement plants deliver 4.4% more cement in January 2013
Argentine cement plants delivered 913,336t of cement in January 2013, according to the latest data published by the country’s cement association AFCP. The January figure rep...
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Habesha Cement seeks project funding, Ethiopia
Ethiopia-based Habesha Cement has approached the Common Market for Eastern & Southern Africa’s (COMESA) PTA Bank in Burundi to source financing for its new cement project in Ad...
Starlinger & Co GmbH opens office in Indonesia
Starlinger has opened an independent regional office in Surabaya, Indonesia, to enhance sales and service support for customers in Southeast Asia. Starlinger, whose headquart...
Ecuador’s cement market expands 18.7% in January 2013
Ecuador saw a 18.7 per cent rise in cement demand in January 2013 as the market expanded from 452,647t in January 2012 to 537,391t last month, according to the latest figures p...
Indonesia posts another double-digit rise in monthly cement sales
Indonesia reported cement sales growth of 15 per cent in January 2013 on the back of a boom in property development and infrastructure projects. Cement sales increased to 4....
HeidelbergCement India increases cement capacity to 6Mta
HeidelbergCement confirmed yesterday that it has successfully completed the expansion of its clinker and cement grinding capacity in Central India. The plants are located in D...
Spain’s cold spell continues as January demand drops 21.5% YoY
Spanish cement producers have had a frosty start to the year as cement consumption continues to fall. January 2013 data show a 21.5 per cent decrease to 892,783t from 1.138Mt r...
G Power Cement to construct new plant in Cameroon
Cameroon is set to see the establishment of a new cement plant as G Power Cement on Friday signed an agreement with the government for an 800,000tpa plant. The privately-hel...
Tasek 4Q net profit falls 71% on pricing pressure, Malaysia
Tasek Corporation Bhd reported a 71 per cent YoY drop in fourth-quarter 2012 net profit, mainly due to a lower performance of its cement division as a result of pricing pressur...
Siam City Cement to upgrade and reactivate kiln line, Thailand
Thailand’s second largest cement producer, Siam City Cement Co (SCCC), reported a 14 per cent rise in revenues for 2012 and says it plans to increase production at its Saraburi...
Semen Indonesia set to start construction of new Rembang plant
Semen Indonesia is set to start construction of a new 2.5Mta cement factory in Rembang, Central Java, according to local press reports. “The construction of the plant will b...
Raysut Cement’s 2012 net profit rises 64.1%, Oman
Raysut Cement, Oman’s largest cement producer, reported a 64.1 per cent YoY growth in net profit for 2012 and revenues also increase fuelled by increasing demand. Net profit...
Quinn and Lagan call off merger plans
Lagan and Quinn Building Products have abandoned plans for their proposed joint venture. Last December, the two companies announced that they had signed a memorandum of unde...
India: JK Lakshmi hit by slower demand, higher costs
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 ...
Eastern Province Cement announces new grinding project, Saudi Arabia
Saudi Arabia-based Eastern Province Cement Co (EAPCC) has said it will install a new 150tph grinding mill at a cost of SAR82m (US$21.m). The company said on Saturday it has ...
Nigeria: managing the surplus
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....
Cemex details plans to raise EBITDA to US$4.7bn by 2016
At its 2013 Cemex Day, Cemex set out its ambitious target to increase its EBITDA from US$2.6bn in 2012 to US$4.7bn in 2016 as the company charts its recovery. The plans of the ...
Vulcan looks for further improvements in 2013
Vulcan Materials' turnover edged up by 0.1 per cent last year to US$2567.3m, marking the second consecutive year of virtually static sales. EBITDA, again little changed, ea...
India Cements looks to construct new line in Rajasthan
India Cements is studying the possibility of expanding capacity in Rajasthan to cater for growing demand in the neighbouring states of Gujarat and Madhya Pradesh. Mr N Srini...
Mixed results for Ukrainian producers
Two of Ukraine’s leading cement producers have reported a mixed set of full year 2012 results. Volyn Cement ended 2012 with a net profit of UAH4.032m, according to prelimi...
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