Global Cement News
Search Cement News
Indocement predicts cement demand to grow in 2014 21 March 2014
Indonesia: PT Indocement Tunggal Prakarsa Tbk has predicted that cement demand will increase in 2014. Indocement corporate secretary Sahat Panggabean pinned the prediction on increasing infrastructure and real estate projects in 2014.
In order to meet market demand Indocement is currently building a 4.4Mt/yr cement plant in Citeureup. The company is also in the process of seeking licenses for the two 2.5Mt/yr greenfield cement plants to be built in Central Java and a location outside of Java respectively.
In 2013 Indocement faced increased competition from new cement producers in the market and expanded cement production capacity established producers. Indocement also pointed out to Indonesian news agency Antara that some of the new producers were importing cement into the country from abroad.
US: Chemical distributor Univar has shipped 379,000M3 (100 million gallons) of fuel-quality waste from its waste chemical business, ChemCare, to Systech Environmental, a subsidiary of Lafarge. The two companies have been in partnership in waste management since 1989.
"We are committed to responsible waste management for our ChemCare customers, including the recycling of materials wherever possible. Our 25 year partnership with Systech has been an outstanding reflection of this, enabling the responsible disposal of waste while providing an alternative fuel source for cement kilns," said Greg Vas Nunes, vice president of ChemCare. Systech Environmental added that the arrangement had prevented the generation of 800,000t of CO2.
ChemCare provides waste management service that collects both hazardous and non-hazardous waste products at customer locations in the US and Canada. It then works with partners in the waste disposal business to transport these materials to licensed third-party treatment, storage and disposal facilities.
Systech Environmental processes hazardous and non-hazardous industrial waste for use as fuel in cement kilns. It is actively processing or marketing fuels at 16 cement plants in the US.
Nicolas Valdinoci becomes director of Lafarge Moldova
Written by Global Cement staff
19 March 2014
Moldova: Nicolas Valdinoci has become the new director of Lafarge Moldova. He replaces Louis de Sambucy who has moved to Lafarge Algeria. Valdinoci worked for three years in Lafarge's department of strategy and in 2010 he became the financial director of the concrete and aggregates division in Lafarge Algeria. In 2012, he was appointed as deputy director of sales at Lafarge Algeria.
HeidelbergCement profit up by 79% in 2013 19 March 2014
Germany: HeidelbergCement has announced its consolidated financial results for 2013. The year saw its revenue reach Euro14bn, a 3.4% increase year-on-year, with operating income 5.2% higher than 2012 at Euro1.61bn. Its profit was up by 79% year-on-year reaching Euro945m, with earnings per share more than doubling to Euro3.98.
The company said that it had brought the year to a 'successful close' in a difficult economic environment. It highlighted a return to steady economic growth in North America and Europe as well as continued growth in Asia and Africa.
"In 2013, we generated our best results since the financial crisis," said Dr Bernd Scheifele, Chairman of the Managing Board of HeidelbergCement. "This was mainly due to the successful implementation of our FOX 2013 programme, price increases in major markets, reduced financing costs and lower non-recurring charges. Consequently, we were able to improve revenue, operating income and operating margins in all our business lines on a comparable basis. At the same time, we clearly achieved our target of noticeably increasing profit for the financial year and earnings per share."
HeidelbergCement's cement sales volumes rose slightly year-on-year, driven by the positive development of sales volumes in the North America, Asia-Pacific and Africa-Mediterranean Basin group areas, which more than offset a decline in demand elsewhere, especially in Eastern Europe.
For 2014, HeidelbergCement expects continued improvement, including in Eastern Europe. "In 2014 we will benefit from economic development in industrial countries, particularly in North America, the UK, Germany and Northern Europe," said Scheifele. "These countries generate almost 50% of our revenue. Furthermore, we are improving our market position in growth markets with the commissioning of modern production facilities. In view of these factors, as well as our high operational efficiency, we consider ourselves well-equipped to benefit over-proportionally from the accelerating economic growth in the interests of our shareholders."
Peru produces more cement in February 2014 19 March 2014
Peru: Cement production in Peru reached a total of 832,275t in February 2014, according to the national cement association Asocem. This represents 3.4% growth year-on-year compared to February 2013.