Cement News tagged under: international
Lafarge Jordan rises cement prices18 January 2010, Published under Cement NewsJordan Lafarge Cement Factories Company (JCFC) raised cement prices by JOD1,25/t, effective Saturday, January16th, 2010, which brings the pre-ax price per tonne to JOD78, 09, said a statement issued by the company on Friday. The company, the sole manufacturer of cement in Jordan, attributed this new rise to higher prices of industrial fuel as authourised by the government on Thursday. |
Camargo reiterates Cimpor interest after regulator rebuff18 January 2010, Published under Cement NewsBrazil’s Camargo Correa Group must present a counterbid to take over Cimpor or withdraw its merger proposal, Portugal’s stock market regulator (CMVM) told the company on Saturday. On Wednesday Camargo Correa offered to merge its cement business with Cimpor and buy a stake of between 15 and 25 per cent in Portugal’s largest cement maker. Cimpor is the target of a takeover offer by Brazil’s CSN. CMVM said in a statement it "notified Camargo Correa that it started an administrative p... |
Titan’s Roanoke plant has no effect on property values18 January 2010, Published under Cement NewsIn Spring 2009, Titan America commissioned a study of property values for homes within a five-mile radius of its Roanoke Cement plant. The analysis, conducted by Samuel Long of Miller Long & Associates, concluded that the plant’s presence in the community has had no negative effect on property values. There are 1,660 households (2008) in the study area, which is up from 1,358 households in 2000. The median household income in the study area was $74,775 for 2008. Long utilised the Multiple l... |
Morocco to invest US$ 7.5bn in low cost housing18 January 2010, Published under Cement NewsMorocco will invest 60 billion dirhams ($ 7.5 billion) in low cost housing in 2010-2020 as part of efforts aiming to reduce the deficit to 700,000 units by 2015, Housing minister Ahmed Taoufiq Hejira said. The government has also taken a series of measures to promote the low-cost housing sector, such as lower housing income and lower prices of units, the minister said at a meeting in the northern city of Tangiers. The government announced in 2008 a scheme to build an additional 130,000 soc... |
India: slight fall in utilisation expected17 January 2010, Published under Cement NewsThough 30Mt of capacity in India is (around 12%) is expected to be added in the calendar year 2010 to the existing total capacity of 242Mt, the rise in the despatch figures has brought cheers to manufacturers and analysts alike. HM Bangur, managing director, Shree Cement, said, “This year, we expect a growth of 9-10% in comparison to the world growth rate of 1-2% in the last year. The average growth rate globally is around 3-4%, and in comparison we are in a better position. This year 30Mt ... |
Siam Cement seeks to restart 5 Map Ta Phut projects15 January 2010, Published under Cement NewsSiam Cement, Thailand’s biggest industrial conglomerate, said on Thursday it had sought approval from a Thai court to restart five projects at the Map Ta Phut industrial complex halted by court order. "We have submitted five projects to the court which have a combined value of over THB10bn (US$304m) out of a total 18 suspended projects," President Kan Trakulhoon told reporters. |
India govt may look at using cement for building expressways15 January 2010, Published under Cement NewsTransport Minister Kamal Nath today said the government may look at using cement for constructing over 18,000km of expressways in the country. "It would be appropriate to look at (building) expressways with cement, concrete as these will be greenfield projects," Nath told reporters. He said concrete can also be used on roads, where wear and tear is high. However, cement would not be used for upgrading the existing bitumen roads. "We are not going to use cement where there are bitumen road... |
Adelaide Brighton looks for alternatives14 January 2010, Published under Cement NewsAustralian cement supplier Adelaide Brighton Ltd says it is talking to alternative coal and shale suppliers due to uncertainty over a subsidiary’s deal with debt-laden Griffin Coal. Griffin Coal, now under administration, is the sole supplier of coal to Adelaide Brighton subsidiary Cockburn Cement’s Munster cement and lime works in Western Australia until December 2017. Adelaide Brighton said in a statement on Wednesday coal supplies were continuing as normal. However, it said there was "... |
Holcim: no plans for Cimpor counterbid14 January 2010, Published under Cement NewsHolcim has no plans to make a counterbid for Cimpor, Portugal’s largest cement producer, a senior official said on Thursday. "No plan, absolutely no plan," Paul Hugentobler, a member of Holcim’s executive committee, told reporters on the sidelines of an industry conference in the Indian capital, when asked whether Holcim was interested in Cimpor and looking for a counterbid. |
ACC to raise cement capacity to 30Mt by 2010-end14 January 2010, Published under Cement NewsIndia’s ACC Ltd plans to raise its cement manufacturing capacity to 30Mta by the end of 2010, the company’s managing director said Thursday. Currently, ACC has a capacity to produce 26Mt of cement a year. The capacity expansion will require an investment of INR15 billion, Sumit Banerjee told Dow Jones Newswires on the sidelines of an industry conference. Meanwhile, the company expects cement prices to rise over the next few months, its managing director said on Thursday. "If you ask me a... |