Cement News tagged under: international
Matola factory to double production, Mozambique30 March 2010, Published under Cement NewsCimpor has announced that it is to invest EUR18m to double production in the largest of its three factories in Mozambique, located in the southern city of Motola. Cimpor is the majority shareholder in Cimentos de Mocambique which also owns factories in Dondo and Nacala. The Matola factory currently has an installed capacity of 500,000tpa of cement. This is far short of the demand for cement in Southern Mozambique which results in imports being brought in from Southern Africa. The new inve... |
Taiheiyo Cement divests of glass wool interests, Japan30 March 2010, Published under Cement NewsTaiheiyo Cement Corporation has taken a further step to reduce its non-cement interests by selling its 43.7% stake in the Japanese glass wool manufacturer MAG to Saint-Gobain. MAG has been jointly managed by Taiheiyo Cement Corporation and Saint Gobain for the past two years and will now be run entirely by Saint-Gobain, a much more important player in the global insulation market, that now doubles its stake to 87.3%. In its financial year ending this week, Taiheiyo Cement Corporation is exp... |
VRL Group plans entry into cement business, India30 March 2010, Published under Cement NewsTransport tycoon, Vijay Sankeshwar, who operates India’s largest road transport company, VRL Logistics Ltd, is foraying into cement manufacturing business. He has formed a new company, VRL Cements Ltd, with his son Anand Sankeshwar and other family members to set up the cement unit. The company has proposed to set up a 2Mta greenfield cement plant for an investment in north Karnataka. "We have submitted a proposal to Karnataka government which is developing a cement zone in the Gulbarga and... |
Lafarge Northfleet chimneys demolished, UK30 March 2010, Published under Cement NewsLafarge Cement has formally marked the end of production at its Northfleet Works in a symbolic ceremony led by the demolition of its 550 foot chimneys. Hundreds of local people congregated on Sunday, 28 March, to observe the moment at which 200 years of cement manufacture at the Kent site drew to a close. Lafarge has already submitted a planning application to redevelop the Northfleet site for mixed-use, including residential, retail and open public spaces. Through what is believed to h... |
EPA delays greenhouse gas regulation until 201130 March 2010, Published under Cement NewsThe US Environmental Protection Agency says it will delay by about nine months its regulation of greenhouse gas emissions from large, stationary sources under the Clean Air Act until 2 January 2011. The EPA had been evaluating when the regulations – which will require emitters to obtain permits showing they are using the best available practices and technologies to cut carbon pollution – would become effective, and the scope of the regulations. On Monday, the EPA determined that “permittin... |
Sugar Creek quarry expansion edges closer, USA30 March 2010, Published under Cement NewsA Lafarge underground mining operation inched closer to expansion in Sugar Creek Monday night. The city’s board of aldermen voted, on first reading, in favour of two ordinances that would allow the LaFarge to expand its limestone mine. The first ordinance re-zones an underground area for the project. The second ordinance grants Lafarge a special-use permit for blasting in that area. Both ordinances must pass a second reading for the project to secure approval. Residents oppose mine expa... |
Nepal: reducing reliance on imports30 March 2010, Published under Cement NewsAccording to the Department of Customs, Nepal imported 649,244t of clinker and 586,294t of cement in the current fiscal year, an increase of 10 per cent and 85.4 per cent respectively from the previous fiscal year. There has been a decline in cement prices in recent months due to a decrease in demand. But the price is expected to go up as soon as demand shoots up as India has recently increased excise duty on cement to two per cent. The duty change will increase the prices in India and ulti... |
Carib Cement case back in court, Jamaica30 March 2010, Published under Cement NewsTwo people accused of stealing more than J$15m (US$168,000) from Caribbean Cement Company are scheduled to return to court on Tuesday. Cameshie Bentley, who was an accounting clerk at the company and George Beckford are jointly charged. It is alleged that from June 5, 2008 to August 11, 2009, several cheques were prepared on the company’s account and made payable to Mr Beckford and his common law wife Marlene Brown. Mr Beckford reportedly received J$8.5m and Ms Brown J$6.7m. Ms Bentley ... |
Caribbean court dismisses contempt charges30 March 2010, Published under Cement NewsThe Caribbean Court of Justice (CCJ) has ruled that the oral claim for a finding of contempt against Guyana was not properly raised in the case of Trinidad Cement Limited and its subsidiary TGI versus the government of Guyana. Attorney General and Minister of Legal Affairs, Senior Counsel Charles Ramson told reporters on Wednesday that Guyana had complied with the ruling in August last year to reinstate the Common External Tariff (CET) on cement sourced from extra-regional sources. The Tri... |
Indocement to increase production29 March 2010, Published under Cement NewsPublicly-listed cement maker PT Indocement Tunggal Prakarsa Tbk looks set to raise its annual production by 1.5Mt as of May when its two new cement plants start production. Indocement corporate secretary Dani Handayani said on Monday the construction of the two new cement mills cost an estimated US$35m. She said the company was also planning to build another cement mill in Citeureup, West Java, with a production capacity of 1.5Mt. The new cement mill is expected to start production in 2012.... |