Cement News tagged under: Trading
Ramco sets up cement unit in Bhopal28 February 2005, Published under Cement NewsThe Indian Ramco group has set up a facility to manufacture fibre cement sheets at Kharagpur in West Bengal. The facility has the capacity to produce 80,000t of fibre cement sheets and 200,000t of cement. The group has interests in textiles, cement, building products and software. Ramco is planning to set up another cement grinding facility with a capacity of 1Mt in West Bengal at a cost of Rs50-60 crore. The group is also setting up two fibre cement sheets plants with capacity of 80,000 tonn... |
Vietnam Cement Corp vows no price increases in ’0524 February 2005, Published under Cement NewsThe Vietnam Cement Corporation will not increase cement prices this year in an effort to maintain market stability for the building material, said general director Nguyen Van Hanh. He said that the decision follows a recent directive by the Prime Minister calling upon industries to refrain from raising prices on major domestic commodities including cement. The corporation, the country’s largest cement producer, has asked its affiliated companies to further their cost-cutting in order to ensu... |
Cement industry grows despite falling indices24 February 2005, Published under Cement NewsA senior Iranian economic official said that a major portion of the $5bn worth of funds the government allocated for private enterprises in the year to March 2005 has been invested in cement industry. Mohsen Safaei-Farahani, deputy Minister of Economic Affairs and Finance, told Fars News Aagency that the cement industry has improved greatly over the past one and a half years due to state financial support. He said the fall in indices of cement companies has come in the wake of the governm... |
Bajil factory produces 360,000t in 200418 February 2005, Published under Cement NewsThe Bajil Cement Factory, Yemen produced 360,000t of cement last year, an increase of 110,000t over 2003. "It is first time the factory achieved such an increase since 1973," said factory general director Abdul-Karim Harab. He added that the factory is about to finalize measures to set up a third production line to raise its annual production capacity to 400,000tpa. Last week, the Amran Cement Factory announced that its production of cement reached 611,715t, 111,000t higher than budgeted. ... |
Cement users to resist hike in prices17 February 2005, Published under Cement NewsThe Irish concrete industry is expected to fiercely resist an unwanted hike in the cement price which comes at a time when its own selling prices are under pressure. Three of the island’s four cement producers - Irish Cement, Quinn Group and Lafarge - are understood to have notified their intention to raise prices by around seven per cent. In letters sent to concrete producers and other downstream companies that use cement, the producers have cited rising raw material costs as the reas... |
Brunei: new cement import allowance17 February 2005, Published under Cement NewsLocal contractors expressed their gratitude to the Government of His Majesty for allowing cement to be imported once again into this country, a move that the contractors believe would increase development activities brought about by cheaper prices of the vital building component. However, the local contractors felt the allowable grade of 62.5 was relatively high and only required for high rise buildings such as those found in countries such as Singapore, Manila, Kuala Lumpur or even the big... |
Cemex buys local concrete makers16 February 2005, Published under Cement NewsCemex Costa Rica has bought local concrete companies Durocret and BC de Heredia, local press reported. As part of its expansion and growth process that kicked off in the mid-1990s with the 95 per cent purchase of Cementos del Pacifico, the company took over concrete plants owned by Durocret and BC de Heredia at San Rafael de Alajuela, Limon, Guanacaste and Puntarenas. Cemex bought 100 per cent of the assets of the two companies, where a total of some 70 employees work. In Costa Rica, ... |
Peru Domestic Cement Sales At 334,735t16 February 2005, Published under Cement NewsPeru’s cement sales in the domestic market decreased 0.84 per cent year-on-year in January 2005, to 334,735t, Peru’s cement makers association Asocem said on February 15, 2005. However, Peru’s cement exports stood at 31,300t in January 2005. Peru’s total cements sales, including sales in the domestic market and exports, rose to 366,035t in January 2005 from 337,555t in January 2004. The annual decrease in sales in the domestic market in January 2005 was attributed to lower sales of two... |
Demand for cement in the southern states rising16 February 2005, Published under Cement NewsDemand for cement in the southern states of Tamil Nadu and Andhra Pradesh has increased sharply in the last two months on the back of higher offtake of the construction sector. The growth in demand in the two states comes in the wake of a lacklustre performance in the earlier months of the current fiscal. The average price of a cement bag (50 kilograms) in Tamil Nadu is about Rs 150, up by about 7 per cent since mid-November. Despite the firm trend in price, it is yet to reach the leve... |
Bagged cement price increases15 February 2005, Published under Cement NewsCement companies in Pakistan have increased price by Rs5 per bag. According to cement dealers, Javedan Cement Company increased price of cement some days back and after that other companies also increased cement price. In most of the cement companies, coal is now used as fuel and its price in international market has gone up to US$70/t, which also became the cause of increase in cement price. Due to intense cold weather and rains, cement companies are reportedly working at 60 per cent cap... |