Cement News tagged under: international
Philippine cement sales up 16 per cent15 April 2010, Published under Cement NewsCement sales in the Philippines grew 16 per cent in the first two months of the year to 2.5Mt, the Cement Manufacturers Association of the Philippines (Cemap) said. Ernesto Ordoñez, Cemap president, said the strong growth in the January-to-February period will compensate for the expected lower demand in the latter part of the year and help the industry achieve a full-year sales increment of six per cent.. Ordoñez said cement sales in late-2009 were boosted by consumer renovating properties... |
Song Da Yaly Cement’s net profit falls15 April 2010, Published under Cement NewsSong Da Yaly Cement Joint Stock Company (SDY) made a net profit of VND3.34bn in 2009 compared to VND5.68bn in 2008. Its net revenues fell 22.6% on year to VND200.33bn during the period, the company said in an audited financial statement sent to the exchange. |
Recovery Act funds for Staten Island cement terminal14 April 2010, Published under Cement NewsRecovery Act funding will help Staten Island Terminal, LLC go ahead with a US$51.7m cement import and distribution facility located in the Elm Park section of Staten Island. It will include a 28,000ft2 pier and major machinery and equipment to unload ships. Staten Island Terminal has a partnership and supply agreement with Peruvian producer, Cementos Lima, a major cement exporter to the United States. Cement will be delivered to the terminal by 40,000dwt bulk carriers. At full operation t... |
Lafarge agrees to environmental plan, Bangladesh13 April 2010, Published under Cement NewsLafarge agreed to the central government’s proposal that the cement producer pay INR90 crore towards afforestation and development of Meghalaya to negotiate the environmental roadblock of resumption of supply of limestone from the state to its Bangladesh cement plant. Taking note of the Shella Action Committee’s (a conglomerate of traditional village bodies) charges of limestone mining in forest areas and fraudulent environmental clearance, the ministry of environment and forests (MoEF) con... |
West China Cement Yangxian plant running at full production13 April 2010, Published under Cement NewsWest China Cement said its Yangzian plant, located in Hanzhong County commenced production and sales of cement in the last week of March following the firing up of the kiln on December 31, and it is currently running at full production capacity. The plant, the first of two planned by the company in Hanzhong County, comprises a 2500tpd NSP clinker line with a cement capacity of 1.1Mta. The company’s second plant, the Mianxian works, is on schedule and commissioning is expected in 3Q10. |
HeidelbergCement seen down on placement13 April 2010, Published under Cement NewsShares in HeidelbergCement indicated 2.1 per cent lower after Commerzbank says it has placed 4.5 million shares in the producer maker before the market opens. The bank is placing the shares, equivalent to a stake of 2.4 per cent in HeidelbergCement, at EUR42.50, one trader says. Commerzbank adds it is selling shares that it and UniCredit received as part of the restructuring of the Merckle family’s debt. |
Derba MIDROC addresses production roadblocks, Ethiopia13 April 2010, Published under Cement NewsDerba MIDROC Cement Factory, which is expected to become the largest cement factory in the country, took various stakeholders for a field visit on April 4, 2010, in hopes of solving some of the diverse problems it faces with a private company, a traditional faith follower, and government policies. It has encountered difficulties getting access to water; access to land, over which its huge conveyor belt is planned to pass; and duty-free benefits for materials it wants to import. Its list of ... |
BCP: no takers for Cimpor stake13 April 2010, Published under Cement NewsPension fund BCP has failed to sell its stake in Cimpor “because nobody wants to buy,” Santos Ferreira, chairman of the bank said during the company’s general meeting of shareholders held in Porto, Portugal. Source: Correio da Manha |
CSN eyes Joao Santos Group, Brazil13 April 2010, Published under Cement NewsAccording to local press reports, information posted on the discussion board of the brokerage Deschatre indicates that CSN is interested in purchasing the cement arm of the Joao Santos Group, the second largest cement producer in Brazil behind Votorantim. The company is headquartered in Pernambuco and produces about 6.5Mta. It accommodates 12% of the domestic market. A union between CSN and Joao Santos’ cement arm would see a group with 11 cement plants with a cement capacity of 8Mta. In t... |
St Marys strike continues, Canada12 April 2010, Published under Cement NewsWorkers at St Marys Cement in Bowmanville, Ontario, have been on the picket line since March 14th. The sticking point in negotiations has been changes proposed by the company to the pension plan; the company is looking to change it from a defined-benefit plant to a defined-contribution plan, which the union strongly opposes. A court injunction filed by the company means that striking workers can only delay trucks for 15 minutes on the way into the plant and 10 minutes on the way out, and ca... |