Global Cement News
Search Cement News
Russia: Soyuzcement, a cement manufacturing union, predicts that cement production could rise by up to 3% to 57Mt in 2017. In the short-term cement production is expected to benefit from infrastructure investment to local government municipalities from the federal budget and from a reduction to the mortgage rate by the banks. In the longer term the union expects that housing development and concrete road construction will drive the industry, according to Interfax. However, cement production fell in the first two months of 2017 and remained stable in March 2017. Soyuzcement has also prepared a negative forecast that stated that production could fall by 4% in 2017.
Bunting Magnetics appoints Tom Higginbottom and Gordon Kerr to sales team
Written by Global Cement staff
19 April 2017
UK: Bunting Magnetics Europe has appointed Tom Higginbottom and Gordon Kerr to its sales team. Higginbottom joins Bunting’s external sales team and has an engineering background, with particular knowledge of hydraulics. Kerr will be responsible for business development in a new internal role. He previously held a sales and marketing position at Anglian Home Improvements before becoming a project manager at Ceramica & Stone.
Bunting Magnetics supplies magnetic separators and metal detectors. The European manufacturing headquarters are based in Berkhamsted, Hertfordshire. In January 2017, the company acquired Master Magnets.
Peru: Peru’s cement production fell slightly to 2.35Mt in the first quarter of 2017 from 2.47Mt in the same period in 2016, according to data from ASOCEM, the Peruvian cement association. However, production in March 2017 rose slightly, after a period of falling monthly production figures since mid-2016. Despite this, total despatches fell by 6% to 2.3Mt in the first quarter. Exports of cement and clinker fell in the period, but imports of cement grew by 41% to 0.13Mt and imports of clinker grew by 2% to 0.13Mt.
Vietnam: Data from the General Department of Vietnam Customs reports that exports of cement and clinker rose by 11% year-on-year to 4.82Mt in the first quarter of 2016. Its value rose by 6.4% to US$169m. Bangladesh remained the biggest importer of cement and clinker from the country in the three-month period, accounting for 44.8% and 37.7% of Vietnam’s total clinker and cement exports in volume and value, respectively, according to the Viet Nam News newspaper. It was followed by the Philippines, Peru, Mozambique, Malaysia and Taiwan.
India: Jaiprakash Associates’ (JAL) US$2.58bn sale of cement plants to UltraTech is likely to be completed by May 2017. Manoj Gaur, the executive chairman of JAL, said that the majority of the payment would be used to pay of debts, according to the Times of India. The cement producer is selling integrated cement plants with a production capacity of 17.2Mt/yr and grinding plants with a capacity of 4Mt/yr.