Cement News tagged under: international
India prices set to rise in west, south regions21 December 2009, Published under Cement NewsAfter increasing prices in November, Indian cement manufacturers seem set to effect another round of hike soon in western and southern regions due to shortage of wagons, analysts said. "In November 2009, cement prices went up in the western and southern regions by Rs 5-8 per bag of 50 kg due to shortage of railway wagons. Cement prices in these regions are again set to increase by Rs 5 per bag in a week’s time as the logistic problems continue," broking firm Sharekhan Head of Research, Gaur... |
New plant for Novorossiysk region, Russia21 December 2009, Published under Cement NewsMoscow developer Trustinvest-V intends to invest US$500m building a cement plant outside Novorossiysk, Krasnodar region, Kommersant reports. The plant construction site is reportedly located near Novorossiysk - Krymsk federal highway, between the villages of Gorny and Nizhnebakansky. The plant’s projected annual cement capacity is 3.5Mt. The plant is scheduled to be put into commission in 2014. |
China’s ex-factory cement price rises21 December 2009, Published under Cement NewsChina saw the average ex-factory price of cement climb RMB 2 from the previous month to RMB 278/t in November, according to the statistics published on the website of Ministry of Industry and Information Technology on Friday. It is the second consecutive month that China’s cement price has recorded growth this year after a five-month decline. The cement price in the western region increased RMB 3 to RMB 309/t in November. Sichuan, Guangxi and Chongqing saw the biggest price increases, risi... |
Benguela project receives Cabinet go-ahead, Angola21 December 2009, Published under Cement NewsThe Angolan Cabinet Council has authorised the implementation of the SLN private project for a cement plant in the central Benguela Province, having in the process also approved the respective investment contract, according to reports from ANGOP. It was reported that in a resolution published in the First Series of Sate Gazette number 190, dated 7 October 2009, the Cabinet Council highlights that the authorisation of this contract obeyed the wish of promoting projects that are aimed at th... |
EBRD invests in Lafarge Russian operations21 December 2009, Published under Cement NewsThe European Bank of Reconstruction and Development has invested an additional EUR120m (US$172.7m) in the Russian unit of Lafarge. EBRD, which in 2006 invested EUR70m into LafargeCement Russia, said in a Monday’s statement the new equity investment aimed to fund a major expansion and plant modernisation programme in the Russian regions. "Despite having been badly hurt by the crisis, the Russian cement market has strong growth prospects in the long term, fuelled by significant construction ... |
Vietnam Cement output to rise 10.5%21 December 2009, Published under Cement NewsVietnam is forecast to produce between 44Mt and 45.5Mt of cement this year, up 10.5% from a year earlier. Of the sum, Vietnam Cement Industry Corporation (Vicem) will make 17Mt in 2009, the Ministry of Construction was quoted by the An ninh Thu do newspaper as saying Monday. This is the first year Vietnam’s cement production has met the domestic demand, the ministry said. The MoC forecast the country’s cement output will increase on-year between five and 7Mt in 2010. |
Cementos Lima launches operation hydropower plant18 December 2009, Published under Cement NewsPeruvian cement maker Cementos Lima SA has launched the operation of its 220 MW El Platanal hydropower plant (HPP). The HPP uses water resources from the Canete River and is located in the district of Lima, Cementos Lima said. The energy will be supplied through the Chilca substation. The HPP is managed by Compania Electrica El Platanal (Celepsa), a subsidiary of Cementos Lima. Cementos Lima approved on Tuesday the allocation of PEN54m (US$18.77m) to Celepsa to complete the works on the l... |
India: Dalmia mining op lease stayed18 December 2009, Published under Cement NewsThe Supreme Court on Wednesday stayed mining operation in stage-II of the mining lease awarded to Ramghad Minerals and Mining Ltd (RMML), an entity of Dalmia. The mining field was allegedly allotted "illegally" by the Karnataka government by reviving a "surrendered" lease of Dalmia Cement after 18 months of forfeiting its right and even without the mandatory approval of the Central government required for the protected forest areas. While issuing notice to RMML, the Karnataka government an... |
Spain probe finds evidence of cement price fixing18 December 2009, Published under Cement NewsSpain’s competition watchdog said it would launch deeper probes of five cement makers after an initial investigation found evidence of price fixing. Spain’s CNC said on Thursday it would start new proceedings against Cementos Portland , Cemex Espana , Cetya, Vresa and Hormigones Beriain after a search of their offices discovered possible anti-competitive practices. Any company ultimately found guilty could face a penalty of up to 10 percent of their total sales, according to a CNC statemen... |
Essroc nears completions of project18 December 2009, Published under Cement NewsAs officials with the Essroc cement manufacturer wrap up a three-year, US$500m transformation in the state’s Eastern Panhandle, one major task remains: paving the elaborate system of roadways that traverse the facility’s 870-acre campus. With construction of a new operation line and several new buildings finished on the site, the project is 95 per cent complete, according to plant manager Paul Biel, who joined the management team of the plant in 2005, three years after Essroc purchased it f... |