Cement News tagged under: international
County backs Holcim housing development, Colorado, US14 December 2009, Published under Cement NewsThe first major housing development on property formerly owned by the Holcim cement plant near LaPorte has cleared a significant hurdle. The Larimer County commissioners Monday approved a preliminary plat for the Lake at Bighorn, a 371-acre conservation development that would be northwest of the intersection of Taft Hill Road and County Road 56. The development would have 31 single-family residences on 1- and 2.5-acre lots. Some of the houses would be clustered near the eastern edge of Cur... |
Eagle Materials to idle New Mexico wallboard plant14 December 2009, Published under Cement NewsBuilding materials maker Eagle Materials Inc said Friday it is closing a plant in New Mexico with 70 workers. Eagle Materials will close its wallboard plant in Bernalillo, N.M. The shutdown will cut its annual wallboard production capacity by about 475Mft2, or 15 per cent of its US capacity. The company, based in Dallas, said the prolonged housing slump and "limited prospects for a quick recovery" in Western regions such as in Southern California, Southern Nevada and Arizona. The closure ... |
India: shortage of railway wagons effects cement prices14 December 2009, Published under Cement NewsAfter taking a sharp fall of 20-30 per cent in the last three months, cement prices have started showing signs of revival in western and southern India thanks to logistical constraints created by railway wagon shortage. Prices in these regions have firmed up in the range of Rs5-10 for a 50kg bag in the last week. "There is a sudden shortage of wagons from Railways for transporting the commodity. Wagons are being diverted to food grains and fertilisers. So, now cement players are moving the c... |
Siam Cement Group: quick spending urged, Thailand14 December 2009, Published under Cement NewsGovernment spending under the Thai Khem Kaeng infrastructure programme should be accelerated to help support economic recovery and ease pressure on the baht to appreciate, said Kan Trakulhoon, president and chief of Siam Cement Group (SCG). Private investment has remained weak due to excess production capacity, economic uncertainties and an unfavourable investment climate, highlighted by concerns over political stability and the suspension of major industrial projects in Map Ta Phut. Mr Ka... |
Council to pay UK£1 for cement site, UK14 December 2009, Published under Cement NewsA section of a former cement works is likely to be sold to Durham County Council for just UK£1 (EUR1.1) as part of a plans for an ambitious "eco-village" project. Outline permission for Eastgate’s "thermal spa" complex has been granted. Current owners Lafarge and the county council are members of the Weardale Taskforce, which is behind the plans. The council’s cabinet will be asked to approve the transfer of ownership, which requires the nominal sum of £1 to be legally binding, on Wednesd... |
JK Lakshmi Cement plans for Haryana state, India14 December 2009, Published under Cement NewsJK Lakshmi Cement plans to establish a cement factory at Jharli in Jhajjar district of Haryana. Company director S Chokse has written a letter to Deepender Hooda, Rohtak MP, conveying the decision, the company said in a statement while not disclosing the investment for setting up the unit. In his letter, Chokse has said Haryana was one of the developed states of the country and it was a matter of proud for the company to set up its plant in this state. With the setting up of a cement fact... |
Holcim prepares proposal, New Zealand14 December 2009, Published under Cement NewsFurther investigations into a new US$400m cement plant near Weston have been given the go-ahead as Holcim (New Zealand) Ltd prepares a case for its parent company in Switzerland. The New Zealand board of directors was updated on the development last month and has now given its approval for further work on the formal proposal which it would present to Holcim’s international board later next year. Holcim’s capital projects manager Ken Cowie said yesterday the international board would make a... |
ACC inaugurates unit in Karnataka, plans to resume ready-mix concrete expansion projects14 December 2009, Published under Cement NewsACC inaugurated a greenfield cement grinding plant at Thondebhavi in Chikballapur district of Karnataka. The plant, which has been set up with an investment of INR350 crore, has a capacity of 1.6Mta and would produce fly ash-based Pozzolana cement. The company is also expanding the capacity of its plant at Wadi in Karnataka from the present 5.8Mta to 8.8Mta by March 2010. The company is also increasing the capacity of its plants in Chandrapur in Maharashtra and Bargargh in Orissa as part ... |
Egypt’s Misr Cement Qena starts ready-mix firm14 December 2009, Published under Cement NewsEgypt’s Misr Cement Qena will establish a company to produce and sell ready-mix concrete in a joint venture with ASEC Cement, the company said on Monday. Misr Cement Qena said in a note to the stock exchange it had provided 45 percent of capital for the firm, or E£7.7m, while ASEC would provide the remaining 55 percent. |
HeidelbergCement planning acquisitions14 December 2009, Published under Cement NewsHeidelbergCement AG is planning to make acquisitions over the medium-term, its chief executive, Bernd Scheifele, is quoted in an interview with German weekly Euro am Sonntag. The company will "intensively consider possibilities" around the end of 2010 and is particularly interested in growth markets, Scheifele is quoted as saying. "There’s certainly need for expansion in Asia." During the course of 2010 Scheifele also wants to negotiate new conditions on the bank contracts it established i... |