Cement News tagged under: international
Iran cement output up 23 per cent12 April 2010, Published under Cement NewsIran produced over 47.44Mt of cement in the first 11 months of the current Iranian calendar year (started March 20 2009). The volumes show a 17 per cent increase in comparison to the same period the previous year, the Mehr News Agency reported. Some 62.84Mt of clinker was also produced in the same period – a 15 per cent YoY increase. According to the data published by the Industries and Mines Ministry, some 4Mt of cement were produced in the Iranian month of Bahman (January 21-February 19... |
Murli Industries to set up cement plants in Rajasthan, Karnataka12 April 2010, Published under Cement NewsMurli Industries Ltd has announced that it plans to set up cement plants in Rajasthan and Karnataka. The plants are expected to have a capacity of 3Mta of cement, along with a 50MW captive power plant at each location. The plant in Rajasthan will cater to markets of Rajasthan and the National Capital Region (NCR) while the Karnataka plant will concentrate on Karnataka, Goa and adjacent parts Maharashtra. Commenting on this N L Maloo, Managing Director, Murli Industries said, "We see a hu... |
Anhui Conch to benefit from industry consolidation12 April 2010, Published under Cement NewsAnhui Conch expects to increase market share and lift profits as a result of Beijing’s plans to consolidate the country’s fragmented industry. In the next 3-5 years, the central government plans to pave the way for investment in more efficient plants by closing obsolete capacity currently producing 500Mt of cement, amounting to 28 per cent of last year’s 1.8bnt output. "This will give big cement companies like ours room for large expansion. It will be very beneficial for the growth of big ... |
January US cement shipments down 22%12 April 2010, Published under Cement NewsAccording to recent data from the US Geological Survey (USGS) total shipments of Portland and blended cement in the United States and Puerto Rico for January 2010 were about 3.4Mt. This was 22% lower than shipments in January 2009. The leading producing states (Texas, California, Florida, Pennsylvania, and Missouri, in descending order) shipped nearly 48% of the January total. The leading consuming States (Texas, California, Florida, Louisiana, and New York in descending order) received abo... |
Madras to increase Ariyalur capacity, India11 April 2010, Published under Cement NewsMadras Cements Ltd, the flagship company of Ramco Group, plans to invest INR800 crore to hike the capacity of its Ariyalur facility in Tamil Nadu from 2Mt to 4.5Mta by April 2011. The company also plans to set up a 65MW captive power plant. Madras Cements has a 22% market share in the cement market of Tamil Nadu. After the expansion, the company plans to foray into neighbouring states of Karnataka and Kerala. |
Rain Commodities targets 10Mt of capacity, India11 April 2010, Published under Cement NewsThe Hyderabad-based Rain Commodities Ltd, makers of Priya brand cement, plans to hike its cement manufacturing capacity from the present 3Mt to 10Mt by acquiring suitable companies. The company plans to hive off its cement operations to a wholly-owned subsidiary by December 2010. |
Bangladesh: Tribals refuse to part land for Lafarge09 April 2010, Published under Cement NewsThe influential Khasi Students’ Union and some NGOs in morth-eastern Indian state Meghalaya have resolved to oppose handing over of tribal land to French cement company Lafarge for mining limestones. After a meeting here on Tuesday, the organisations issued a statement alleging that the Environment Impact Assessment (EIA) clearance, which a company has to secure before engaging in mining activity, was obtained fraudulently by the company and thus it was invalid. The organisations also clai... |
Cemex to invest in Peru09 April 2010, Published under Cement NewsWith the financial constraints on the group, Cemex is having to look at new ways of expanding into new markets. As a result, Cemex is taking a minority stake in a new cement venture in Peru. The Mexican group, the fourth largest international cement producer, aims to invest up to US$100m in Blue Rock Cement Holdings and to provide technical, operational and commercial services to the new enterprise. Blue Rock intends to build a 1Mta integrated cement works costing come US$235m and aims... |
Indian cement demand seen rising 9-10 per cent, ACC09 April 2010, Published under Cement NewsDemand for cement in India is expected to rise 9-10 per cent in 2010, the chairman of ACC said on Thursday. “We foresee demand will grow briskly, driven by infrastructure and steady growth in housing construction,” Chairman NS Sekhsaria said at the company’s annual shareholders meeting. ACC is India’s second leading cement producer and is 46 per cent-owned by Holcim. The company has recently said it is working towards increasing its market share and growth this year, with plans on the dra... |
Lafarge looks to buy more Brazilian assets09 April 2010, Published under Cement NewsLafarge could buy more cement assets in the booming market of Brazil having recently agreed to acquire four assets from Brazilian conglomerate Votorantim, a senior Lafarge executive said. “We’re continuing to look at opportunities that could come up in Brazil.” vice president Jean-Carlos Angulo said in an interview. “If opportunities arise, we will look seriously at them,” he told Dow Jones Newswires. “The country is growing so it’s very interesting,” Angulo said, adding that the Brazilia... |