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Cement news highlights: 16 – 20 February

 

World Cement,

Engineering and construction

  • According to recent statistics, there were 1.008 million engineers in employment in Germany at the end of 2014, with mechanical engineers taking the largest share.
  • Annual average growth of 3.8% forecast for global construction market in 2015.
  • The latest estimates from Eurostat indicate that average production in construction for 2014 was 2% higher in the euro area than in 2013 and 3% higher in the EU28.
  • The Construction Equipment and Building Material Machinery Association of the German Engineering Federation (VDMA) has reported an 8% growth in turnover for 2014, at €8.4 billion – higher than originally expected.
  • Privately-owned housing unit starts increased by 18.7% y/y to 1.065 million in the US in the first month of 2015.

Events

Plants and contracts

  • D.G. Khan Cement plans new plant near Karachi.
  • India’s UltraTech Cement has won the bid for Bicharpur coal block in Madhya Pradesh, which has reserves of more than 29 million t.
  • Hans G. Hauri KG Mineralstoffwerke in Bötzingen, Germany, has ordered an MVR 1800 C-2 vertical roller mill from Gebr. Pfeiffer.
  • The Ulyanovskcement plant, which is currently undertaking an expansion project, also saw a 4% y/y increase in sales in the first month of the year.

This week’s not to be missed articles…

  • Lafarge has reported its FY14 and 4Q14 results, which show the positive impact of a 4% increase in cement volumes and the completion of its cost reduction and innovation objectives.
  • Prometheus Group and SMEC have formed a global partnership, which will initially focus on the cement and aggregates industry.

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Cemex Energia launched

Cemex has announced the creation of a new energy division, Cemex Energia, which will develop a portfolio of power projects in Mexico.

Ambuja Cements reports FY14 results

Ambuja Cement increased cement and clinker sales volumes by 2.5% in 2014 and saw a rise in net sales, EBITDA and profit.