Cement News tagged under: international
Dalmia Cements rides high on cement and sugar, India04 January 2010, Published under Cement NewsDalmia Cement, a key player in the southern Indian cement market, coupled with its presence in the booming sugar sector, has seen its stock jump14 per cent over the past month compared with a mere 3.2 per cent rise in Sensex during this period. And despite the current run-up in the company’s stock price, Dalmia Cement trades at just 1.1 times its book value for the year ended March 2009 while other diversified cement players in the south like Madras Cements trades at nearly 2.1 times its... |
Shree Cement makes more land purchases04 January 2010, Published under Cement NewsShree Cement a cement maker concentrated in North India, has bought land in states such as Karnataka, Chhattisgarh and also its home state of Rajasthan to set up new plants. “We have acquired land for our new units in different locations of the country,” said Shree Cement managing director HM Bangur, without giving details. Indian companies face tremendous resistance in buying land as the locals with decades and some even centuries of history to that locality, refuse to part with it. C... |
Northern Nigeria work protest04 January 2010, Published under Cement NewsHundreds of youths from nearby host communities of the Cement Company of Northern Nigeria, Sokoto took to the streets late-December to protest alleged neglect by the firm. The youths, who took over the main street leading to the firm’s premises, alleged that the company was “not doing enough” to assist the host communities in its employment policy. They further alleged that the company’s annual cement donation to the communities was “far too inadequate to alleviate their suffering.” The you... |
Twelve more licences for Egyptian cement04 January 2010, Published under Cement NewsEgypt’s Trade Ministry will offer 12 licences to build cement factories in 2010 to meet growing local demand, Al-Alam al-Youm newspaper quoted Trade Minister Rachid Mohamed Rachid on Saturday as saying. "The new factories would help meet an expected increase in local demand until 2020, when annual production capacity is expected to rise to 77Mt from 58Mt now," the newspaper commented. Egypt’s construction industry has continued to grow in the wake of the global economic crisis, even as it st... |
Meghna Cement Mills set to expand04 January 2010, Published under Cement NewsBangladeshi cement producer, Meghna Cement Mills Ltd, is set to expand its production capacity due to consistent consumption and export growth. "We are going to enhance our productivity and capacity utilisation as well in the new year," an official of Meghna Cement told local reporters. He said the company has already grabbed a big market in country’s northern and western areas and now it is going to penetrate in the rest of the country. The company which went into full production in January... |
Shiva Cement despatches up 48.8%, India04 January 2010, Published under Cement NewsShiva Cement Ltd said cement and clinker dispatches during 3Q of the current FY were up by 34.9%. Dispatches on a YoY basis (Apr-Dec,2009) were up by 48.8% compared to Apr-Dec, 2008. |
Venezuela: Socialist cement sector taking time to take shape04 January 2010, Published under Cement NewsHugo Chavez’s realignment of the Venezuelan cement sector is taking time; although the founding of the Corporacion Socialista del Cemento was approved in July 2009, a new production system will not be truly in place until the end of next year when milling plants in areas currently lacking them are up and running and extra quarries are operational. Additionally, there exists a need to create firms for the production of sanitary porcelain (bathroom furniture), plaster, tiles etc. In August 200... |
India’s ACC Dec shipments down one per cent04 January 2010, Published under Cement NewsIndian cement maker ACC said on Monday shipments in December fell marginally to 1.88Mt from 1.9Mt a year earlier. The company, in which Holcim holds more than 46 per cent, said production fell to 1.86Mt from 1.91Mt a year ago. |
Price rise rocks Bahrain03 January 2010, Published under Cement NewsBahrain cement companies are reportedly conspiring to increase prices by 30 per cent but are being confronted head-on by the government. In a bid to avert another building crisis, the Industry and Commerce Ministry is co-ordinating with other government departments to stop them. The minister Dr Hassan Fakhro, and senior officials have held urgent talks with representatives of cement companies. The ministry said it was stunned by local reports about a ’cartel’, which was utterly unacceptable.... |
ACC inaugurates new grinding plant, India02 January 2010, Published under Cement NewsThe ACC Kudithini Cement works was inaugurated by G Janardhan Reddy the Hon’ble Minister for Tourism and Infrastructure Development Government of Karnataka, in the presence of senior members of the local Government and Administration and other distinguished guest. Located in Kudithini village which is 25km from the district headquarters town of Bellary, this new plant becomes the company’s 16th cement plant in its national network and the fourth in the state of Karnataka. This new generati... |