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China issues guideline to cut overcapacity 15 October 2013
China: China's State Council, the country's cabinet, has issued a guideline to tackle production overcapacity in several industrial sectors. According to a statement on the Chinese government's website and reporting by the Xinhua News Agency, the guideline targets the cement sector and four other sectors suffering from overcapacity including steel, electrolytic aluminium, sheet glass and shipping.
The move is a key measure for the government to achieve stable growth, restructuring, transformation and an 'upgraded' version of the Chinese economy, according to the 'Guideline to tackle serious production overcapacity'. The guideline will play a key part in current and future efforts to transform the economic growth mode and boost industrial restructuring, according to the statement.
FLSmidth confirms cement plant agreement in Qatar 15 October 2013
Qatar: FLSmidth has confirmed reports in the Qatari media that it has entered into an agreement with Qatari Investors Group to supply equipment and machinery for a cement plant in Qatar. The Danish cement plant manufacturer provided no further details although it intends to inform the market when a contract is finalised and becomes binding.
According to local media Qatari Investors Group has entered into an agreement with FLSmidth and the CNBM International for a US$190m expansion of its subsidiary, Al Khaliji Cement. The cement plant's second line will double its clinker production capacity to 12,000t/day and its cement production capacity will rise to 14,000t/day.
Lucky Cement wins Green Supply Chain Award 14 October 2013
Pakistan: Lucky Cement has won the Green Supply Chain Award at the 3rd International Shipping, Logistics and Supply Chain conference held in Karachi. The conference was organised by the Publicity Channel with the support of United Nations Environment Programme (UNEP) to acknowledge companies that are making sustainability a core part of their supply chain strategy.
The Pakistan-based cement producer has initiated a number of sustainability projects such as alternative fuel, energy conservation and plantation drives. In addition, the company's captive power plants have been upgraded to improve environmental efficiency.
"As an industry leader we have a huge responsibility to foster a culture of environmental sustainability throughout the manufacturing sector. We take pride in stating that we have done this job above par, owing to our innovative strategies in acquiring green technology across all our operations," said Lucky Cement Chief Operating Officer Noman Hasan.
Cementos Portland Valderrivas plans temporary downsize 14 October 2013
Spain: Cementos Portland Valderrivas plans to implement a temporary downsizing plan that will affect 620 of the company's 630 total employees. The Spanish cement producer will run the plan for 12 to 15 days, according to news agency Europa Press.
Brazil: América Latina Logística (ALL) plans to increase the volume of clinker and cement it transports for Votorantim Cimentos in the south of Brazil by over 30% before the end of 2013. The Brazilian logistics firm intends to increase its shipments for Votorantim to 1Mt/yr from 0.75Mt/yr, according to Brazilian news service Agência Estado.
ALL recently invested US$3.4m in trains and improving unloading bays in the southern state of Paraná and has borrowed a total of US$771m from the Brazilian Development Bank so far in 2013. The construction market represents 15% of its client portfolio in the industrial products sector.