Cement News tagged: International
SNIC comments on Brazil 2009 growth projection comment
The executive secretary of Brazil’s national cement industry union SNIC, Josétáio Carvalho, is not changing sector projections for this year, state news service Agêcia Estado reported.
South Korean investor plans to develop Indonesian plants
Two South Korean investors have sounded plans to develop new cement plants in the Indonesian province of Papua with a total capacity of 3Mta. Their total investment is estimated to reach US$350m.
Egypt cancels tax on cement and steel exports
The state news agency MENA said that the Egyptian government has cancelled the tax on exports of cement and iron and steel products.
Two ministries struggle over Kankesanthurai plant, Sri Lanka
The Industrial Development Ministry (IDM) and Construction and Engineering Services Ministry (CESM) are both trying to get approval for two Indian cement companies,
Belarus output up 10.7 per cent in first nine months of 2008
Belarus’ cement output in the first nine months of 2008 totaled 32Mt, a 10.7 per cent YoY increase, according to the National Statistics Committee.
Kuwait Cement Co to double clinker capacity
Kuwait Cement Company plans to double its annual clinker capacity by adding a second clinker production line in the third quarter of 2008,
Prosperity Minerals cuts full-year guidance
Prosperity Minerals Holdings Ltd said Monday full-year earnings will be substantially below market expectations as slowing growth in China cuts demand for cement and iron.
Holcim postpones plans for new Brazil factory
Carlos Eduardo Almeida, commercial director and commercial relations director of cement manufacturer Holcim Brasil announced that plans to build a new factory,
Malaysia demand for cement expected to grow three per cent
The Malaysian cement industry is forecasting a cement demand growth of about three per cent to 16.33Mt this year compared with 2007 when demand was 15.46M
Merrill Lynch invests US$40m in Sichuan
Merrill Lynch & Co, one of the former Wall Street’s top five investment banks, recently invested about US$40m into Sichuan Zhiquan Special Cement, a cement manufacturer in Sichua
Sinoma unit wins EUR12.885m contract in Cyprus
China Sinoma International Engineering Co Ltd said in a filing with the Shanghai Stock Exchange that its subsidiary CBMI Construction Co Ltd has inked contract worth EUR 12.885m to help Vassiliko Ceme
Spanish cement consumption falls
Cement consumption in Spain fell in September by 24.7 per cent compared with the same month in 2007, the steepest drop so far this year.
India: cement despatches up but demand still slow
Cement despatches may have grown in September after a lull, but demand is yet to pick up
Gamesa to supply G80-2MW wind turbines to Lafarge Ciments
The wind turbines will be installed in the third phase of the Tetouan wind farm in Morocco. In addition to the supply of the wind turbine generators,
Holcim Vietnam buys local cement plant from Cotec Group
Holcim Vietnam Ltd. has purchased a cement factory from Vietnam’s Cotec Group to expand its production in the country, a Cotec official said Friday.
US Cement capacity reductions
The US Portland Cement Association (PCA) in the US has issued its latest update on new US cement capacity which indicates that