Cement News tagged under: international
Ohorongo training ahead of commissioning, Namibia17 May 2010, Published under Cement NewsTwenty Namibians are in Germany for training in cement production ahead of the commissioning of the Ohorongo Cement plant at Otavi later this year. The training, which would last up to five months, is taking place in Bernburg where Ohorongo Cement’s mother company, Schwenk, has the largest cement plant. The group of trainees consists of 10 control room operators, seven shift foremen, two department foremen and the clinker production superintendent. The group arrived in Germany early last m... |
Cemex Philippines pins growth on govt spending17 May 2010, Published under Cement NewsIncreasing government spending may lift its performance before the year ends, according to Cemex Philippines. “We’re hoping the increased spending of the government on infrastructure projects this election period will continue throughout the year," said Paul Arcenas, Cemex vice president for planning. Compounded net growth in the demand for cement was between 0.5 and 1 per cent from 1998 to 2007. In 2008, business started picking up, but within a limited pace. “We’re good but it could... |
PPC Zimbabwe cement sales climb16 May 2010, Published under Cement NewsPretoria Portland Cement’s Zimbabwean division trebled sales to 35,000t per month from 10,000t. This resulted in the local division contributing significantly to group revenue compared to South Africa and Botswana operations, for the interim period ending March 2010. PPC’s cement volumes in South Africa and Botswana declined by 15 per cent, mainly due to a continued decline in residential building activity and a lack of new construction and infrastructure projects. PPC chief executive Mr ... |
Sale of Cementos Chimborazo shares draws closer, Ecuador16 May 2010, Published under Cement NewsHugo Jimenez, president of the Commonwealth of Chancahuan, is eager to obtain shares in Cementos Chimborazo, after waiting three years for the deal to take place. This is after several attempts to sell the cement plant and six months after the announcement of new negotiations with the Ministry of Industry and Productivity (Mipro). In June 46% of the shares will be transfered to workers and surrounding communities. The negotiations took place at a cost of US$63m, according to Industry Mi... |
Jidong, South African cement plant joint venture14 May 2010, Published under Cement NewsA Chinese-South African joint venture will build a 2500tpd cement plant in South Africa at an investment of US$221m. China’s Jidong Development and the China-Africa Development Fund will hold 51 per cent of the venture. South African investment group Women Investment Portfolio Holdings, or Wiphold, and limestone miner Continental Cement will hold the remainder. The plant will be constructed and operated by Jidong, the companies said in a statement. |
East African cement firms worried over cheap imports14 May 2010, Published under Cement NewsThe East African Business Council has asked EAC governments to support local cement manufacturers if the industry is to compete favourably with imported products. The local industry is currently grappling with increased competition from imported cement from countries that enjoy lower production costs as well as subsidies since EAC finance ministers reduced Common External Tariff (CET) on cement from 40 per cent to 25 per cent. “The EAC cement sector is not able to effectively compete with... |
Cementos Lima plans capex, Peru14 May 2010, Published under Cement NewsCementos Lima plans to invest some US$307m from now until 2013; with most if its investments to be executed this year (US$162m) and in 2011 (US $111m), reports business daily Gestion. Projects to be prioritised are the expansion of the Atoncongo cement plant, which will require total investment of US $180m; the Drake Cement project, worth USUS$72m, and hydroelectric project El Platanal, with an investment of US$24m. |
Nigeria: Benue Cement plans coal, grinding mills14 May 2010, Published under Cement NewsThe Managing Director of Benue Cement, Shree Junnarkar, said the company’s management has concluded arrangements to construct a NGN50bn cement grinding and coal mills that would increase daily cement production as well as ensuring stable power supply to Benue Cement Company (BCC). The two projects, Junnarkar said would be completed within the next 18 months. To that extent, he said letters of credit have been set up for the purchase of the coal mills. Source: AllAfrica.com |
Suez Cement posts 8.4% first quarter fall14 May 2010, Published under Cement NewsEgypt’s largest listed cement firm, Suez Cement, posted an 8.4 per cent fall in first-quarter net profit but net consolidated sales rose, boosted by a buoyant construction sector. The firm, a subsidiary of Italcementi, said on Thursday it made a net profit of E£364.7m (US$65.1m) on a 2.3 per cent rise in consolidated net sales to E£1.67bn. Government stimulus spending on infrastructure and growing demand for housing had helped fuel a 25 per cent rise in cement demand in Egypt in 2009 and... |
Goradze to expand capacity, Poland14 May 2010, Published under Cement NewsPolish company Gorazdze Cement SA, part of the HeidelbergCement group, is expanding its capacity by a 30%. To this end, it is modernising its two kiln lines at a cost of around EUR129m, resulting in clinker output being raised 70 per cent and a reduction in energy being achieved. Poland’s cement demand could increase to more than 20Mt from 2012. Cement production in Jan-Feb 2010 was down 42% on a year earlier at 693,000t because of the severe winter. |