Quarry Products

The managing director of Semen Padang, Benny Wendry confirmed that the development of the Indarung VI cement plant will be completed according to schedule.

The plant will capacity of 3 million tonnes will help to increase Semen Padang's total production capacity to 10.4 million tonnes.

Physical work on the IDR 3.80trillion (€252.07 million/US$277.88 million) plant has reached 65% and it is scheduled to start operations in the last quarter of 2016.

In the third-quarter 2015, turnover for the French mineral and roofing group Imerys was up 8.8% (or down 5.6% on a constant perimeter and currency basis) to €1.03 billion.

In the first nine months, turnover was up 10.9% (or down 4.4% on a constant perimeter and currency basis) to €3.08 billion.

Net income group share was up 8.7% to €259.9 million.

Current operating profit was up 9.1% to €409 million.

At 30 September, 2015, the company's net debt stood at €1.6 billion, compared with €870 million

Construction of new infrastructure in Kenya has created a huge demand for sand and gravel, forcing some consumers and suppliers to look for these materials in areas considered to have environmentally delicate ecosystems. Shem Oirere reports.

The Indian Ocean seabed and riverbanks have become the latest sources of sand and gravel as the inland quarry sources across the country are reportedly getting exhausted because of uncontrolled and unregulated harvesting of this critical construction material. The sc

In September 2015, overall profit of the cement industry in China fell about CNY 4.1 billion (€586.23 million/US$645.88 million) to CNY 2.7 billion when compared with September 2014.

According to statistics released by the National Bureau of Statistics, overall profit of the cement industry fell around 65% or CNY 34.9 billion to about CNY 18.4 billion in January-September 2015.

The average monthly profit of the industry for the first nine months of 2015 was reported at CNY 2 billion, nearly one-third

The Belgian Cartel Damage Claims (CDC) is reported to have filed legal action amounting to more than €138 million (US$152.04 million) against the German building materials and cement producer HeidelbergCement at the regional court of Mannheim, Germany.

HeidelbergCement has been accused of “forming a cartel with other companies and enforcing excessive pricing.”

Misr Cement (Qena) is likely to acquire shares in ASEC Cement's units for EGP 1 billion (€113.12 million/US$124.53 million).

The deal will close by 20 November 2015.

According to a statement, Qena will buy a 55% stake in ASEC Ready Mix and a 46.5% stake in ASEC Minya Cement.

ASEC Ready Mix produces ready-mix concrete while ASEC Minya Cement produces cement.

Qalaa Holdings and its unit National Development and Trading Company hold a 70% stake in ASEC Cement.

Beton 6 of Vietnam will delist its 33 million shares from the Ho Chi Minh City Stock Exchange (HOSE) as part of its business restructuring programme.

The cement producer noted that the delisting will take effect from 27 November 2015, while it intends to re-list its shares on the HOSE on completion of the business restructuring.

With a total value of CNY 767 million (€110.3 million/US$121.43 million), a 100% equity interest in China-based cement maker Yaowangshan Cement will be acquired by West China Cement (WCC) from China Jiantou Trust.

The acquisition will be settled in cash. The value comprises of CNY 376 million in shareholders' loans and CNY 392 million of share capital.

The US-based Portland Cement Association (PCA) has announced the addition of Rachel Derby to its Washington, D.C. staff. Derby will serve as vice president of government affairs, focusing on legislative relationships and advocacy.

PCA has also revealed that A. Todd Johnston has been promoted to executive vice-president of government affairs, and Collin Long has been promoted to senior director of government affairs.

“We are very pleased to have Rachel join PCA,” said James G. Toscas, PCA president