Cement News tagged under: international

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Mumbai prices up by INR10/Bag

01 January 2010, Published under Cement News

Cement companies have raised prices by INR10 a 50kg bag in the western Indian city of Mumbai, a person familiar with the matter said Monday. The price rise became effective from Jan. 1, the source told Dow Jones Newswires.

Afghan cement shortages

31 December 2009, Published under Cement News

While some improvements in the Afghan economy are noted, the country is still severely hampered by the need to import much of its basic services. Take cement as an example. Afghanistan imports thousands of tons of cement from Pakistan and Iran every month. Afghanistan produces cement at the Ghori factory, but in low quality and quantity. Two other cement factories still need rehabilitation. Although the Afghans could be blamed for not rehabilitating the two factories (Jabal Siraj and Herat)...

China National Materials wins Angolan cement contract

31 December 2009, Published under Cement News

China National Materials Co Ltd, one of the country’s leading cement equipment and engineering services providers, yesterday announced that it has signed a US$85.5 million contract with Angola-based Secil Lobito Cement Co to build a cement production line in the African country, sources reported.

Lafarge Surma Cement signs MoU with Bengal Holdings

31 December 2009, Published under Cement News

Bangladeshi’s largest and the only integrated dry process Cement Plant Lafarge Surma Cement (LSC) Ltd recently signed Memorandum of Understanding (MoU) with Bengal Holdings Ltd at Lafarge Head office. Under this agreement, Bengal Holdings will exclusively use Lafarge’s ’SUPERCRETE’ brand cement in all of its projects. Besides, LSC will also help enhancing and partnering Construction Safety at the company’s sites.Masud Khan, Finance Director of Lafarge and Abdullah AI Ahsan, Group Chairman of...

Use more plastic waste to bridge coal deficit

31 December 2009, Published under Cement News

India: The Central Pollution Control Board (CPCB) has asked cement units in the country to reduce their dependence on coal and turn towards the use of plastic waste to bridge the supply gap for coal.  Cement industries to bridge the 30% coal deficit from the domestic coal linkages should explore the option of buying municipal plastic waste to bridge the gap, chairman of Central Pollution Control Board (CPCB) SP Gautam said. Around 150 major and 300 minor cement manufacturers in the country ...

Khazar Cement Company to go public

31 December 2009, Published under Cement News

A four per cent block of shares of Khazar Cement Company will be offered on the Tehran Stock Market on January 4, 2010. The block of shares equals 8,745,744 shares, the Islamic Republic of Iran News Network reported. According to Iran’s Fourth Five-Year Economic Development Plan (2005-2010), the IPO, affiliated to the Ministry of Economic Affairs and Finance, is in charge of setting prices and offering shares to the general public and on the stock market. In 2007, Supreme Leader Ayatollah ...

Davenport’s Cemex withdraws opposition

31 December 2009, Published under Cement News

Cemex, once the largest hauler of freight on the county’s 32-mile Union Pacific railroad, has withdrawn its opposition to a new railroad company managing the line. In a letter sent to federal regulators this week, attorneys for Cemex ask that their petition to halt the lease to Woodland-based Sierra Northern Railway be voided. The cement company, which runs the now-closed plant in Davenport, had worried that the new rail operator was not sufficiently committed to freight service, which the c...

Cement makers see tough trading conditions in Europe and US markets

31 December 2009, Published under Cement News

The world’s leading cement makers expect the coming years to be tough in Europe and the United States as rising government debt looks set to squeeze infrastructure spending, the Financial Times said on Wednesday. As a result, large cement makers such as Swiss group Holcim and France’s Lafarge are pinning their hopes on demand from emerging markets such as China and India. "It will be at least three to five years until building materials markets in the most hit mature economies return to the...

Indian cement shipments buoyant in the north

31 December 2009, Published under Cement News

The December quarter may see yet another period of strong numbers from Indian cement producers. However, a disparity between regions is likely (reports Business Line). Helped by good volumes, steady demand from government-led infrastructure projects and price increases, companies in the North and East may report higher profits. However, players in South could see slower growth in the light of surplus capacities in the region, price corrections and the recent political crisis in Andhra Prade...

Vietnam has enough cement for peak season

31 December 2009, Published under Cement News

There will not be a shortage of cement during the peak construction season prior to the Tet (Lunar New Year) holiday in mid-February, according to the Viet Nam Cement Association (VNCA). The total designed production capacity of cement plants across the country is near 60Mt, while the actual capacity fluctuates between 45 and 46Mt, according to the VNCA. With the completion of several new plants, cement supplies in 2010 could increase by more than 5Mt compared to 2009. The VNCA estimates th...