Cement News tagged under: international
PPC makes cement cartel admission, South Africa11 November 2009, Published under Cement NewsPretoria Portland Cement (PPC) on Wednesday admitted that internal investigations have revealed that the company was involved in market-sharing arrangements with other cement producers in the late 1990s. The Competition Commission also confirmed that it has granted PPC conditional leniency from prosecution under the Competition Act, in exchange for PPC’s complete and truthful disclosure of all cartel activities between PPC and its competitors. "PPC applied for leniency shortly after the co... |
Buzzi doesn’t want to permanently close Oglesby plant, US11 November 2009, Published under Cement NewsBuzzi Unicem does not want to permanently close its Oglesby plant, a union representative told the company’s displaced workers at a Monday union meeting. Carey Allen, director of division services for the Cement, Lime, Gypsum & Allied Workers, acknowledged that Buzzi would not resume cement production in Oglesby in 2010. But Allen also said Buzzi officials insisted they have no interest in shuttering the plant. “The company says they are not ready to pull the trigger on the plant,” he sai... |
EU finalises list of industries eligible for emissions trading support10 November 2009, Published under Cement NewsThe European Parliament’s environment committee on Wednesday approved a list of 164 industrial sectors that will win free carbon emissions permits for the next five years if no global deal on climate change is negotiated next month. Members of the powerful committee voted 39 for and 19 against, with one abstention, the parliament said. A European Union action plan adopted in December 2008 to fight global warming places serious constraints on industry, which must reduce harmful carbon dioxi... |
Sephaku receives go-ahead for Mpumalanga cement plant10 November 2009, Published under Cement NewsSouth African cement producer Sephaku Cement expects site establishment on a proposed 1.2Mta grinding plant, in Delmas, to start early in 2010, after the Mpumalanga Department of Agriculture and Land Administration approved the environmental-impact assessment. The approval served as a record of decision for the Delmas grinding plant, providing the final go-ahead to start with construction, Sephaku said, adding that its Sephaku Ash division had also proceeded with phase two of a fly ash faci... |
Vicem sells 13.7Mt of cement, clinker in Jan-Oct10 November 2009, Published under Cement NewsVietnam Cement Industry Corporation (Vicem) sold 13.701Mt of cement and clinker in the first 10 months of 2009, rising 9.3% from a year earlier and fulfilling 75.6% of its full-year target. The figure accounted for 36.95% of the country’s cement consumption during period, the corporation said on its website. Of the sum, 13.552Mt were cement and 149,000t were clinker, up 12.1% and down 66.7% on-year, respectively, Vicem said. The corporation produced 7.795Mt of clinker and 13.453Mt of ceme... |
Vietnam, Czech Firms Ink contract to build new plant09 November 2009, Published under Cement NewsPhuc Hung Investment Construction & Import-Export JSC (PHC) of Vietnam has inked a EUR16.3m deal with INEKON Group from the Czech Republic to build Phu Son cement plant in the northern province of Ninh Binh. INEKON Group-invested plant located in Phu Son commune, Nho Quan district will have an annual design capacity of producing 1Mt of clinker, the firm said on its website. Phuc Hung has also won the VND195-billion bidding package No. 2 worth of Vung Tau Plaza project. PHC floated three m... |
Chettinad Cement on growth path09 November 2009, Published under Cement NewsChennai-based Chettinad Cement Corporation, which is controlled by M A Ramaswamy & Associates, has been aggressively ramping up capacity to take advantage of rapid growth in cement consumption in southern markets. The company had brought on stream an additional two million tonnes of capacity in the fourth quarter of FY09 at Ariyalur district, Tamil Nadu. This has doubled its total installed capacity to nearly four million tonnes. In addition, the company will soon add another two million to... |
Investor reaps Shs30b from govt, Kenya09 November 2009, Published under Cement NewsThe Government has accepted it is to pay $16 million (Shs30.3 billion) to a foreign investor who was authorised to construct a cement factory in Kamwenge District, but the contract was terminated prematurely. The Indian-based company, Dura Cement Ltd, sued the government over unlawful cancellation of its mining lease for raw materials at Dura site in Kamwenge and giving it to Hima Cement Ltd. The company claimed the act is breach of contract for which the government is held liable. The com... |
Emami to foray into cement business09 November 2009, Published under Cement NewsKolkata-based FMCG major Emami is diversifying into cement business and will invest Rs 1,750 crore to set up production units in the next three years. "We are diversifying into the cement business, considering the potential and demand of it in the country, particularly in the eastern region. The total investment for the venture will be around Rs 1,750 crore for the next three years," Emami Group Director Mohan Goenka told reporters. As part of the new plan, group company Emami Cement will s... |
Overcoming gypsum shortages, Nigeria09 November 2009, Published under Cement NewsThe Managing Director of Flour Mills of Nigeria, Mr Emmanuel Ukpabi has said spoken of his regret that gypsum is not in commercial quantity in Nigeria to meet domestic demands. He however lauded the Federal Government’s approval to cement manufacturers to import gypsum into the country. He explained that the approval would boost cement production in the country, adding that the development was a welcome idea especially now that the Federal Government had banned the importation of bagged ce... |