Cement News tagged under: international
Shree Cement Oct shipments up 12.3% YoY04 November 2009, Published under Cement NewsShree Cement Limited said on Tuesday its October shipments rose 12.30 per cent to 701,630t, up from 624,800ta year earlier. Total shipments during April-October period rose 26.52 per cent to 5.20Mt, up from 4.11Mt a year ago, it said in an e-mailed statement. The company has a capacity to produce 8Mta of cement at its plant in the northern state of Rajasthan. |
ARM reports 33 per cent rise in pre-tax profit03 November 2009, Published under Cement NewsKenya’s cement-maker Athi River Mining (ARM) recorded a 33 per cent rise in pre-tax profit for its nine month trading period ended September 2009 to Sh677m, the company said in its financial statements posted at the Nairobi Stock Exchange. The profit announcement follows last week’s move by Bamburi, Kenya’s largest cement-maker and whose major owner is French firm, Lafarge, to sell 12 per cent of its 14 per cent stake in Athi River Mining. Bamburi said it sold its shares in ARM to make mon... |
CMA President viewpoint, India03 November 2009, Published under Cement NewsMs Vinita Singhania, Managing Director, JK Lakshmi Cement, became the first woman to take charge as the President of the Cement Manufacturers Association (CMA). She spoke to Business Line on the road ahead. Excerpts from the interview: What are your priorities as President of CMA? My top priority would be to take up issues that are critical to the healthy growth of this sector with the decision-makers concerned in the Government. These mainly relate to the high tax incidence which, if res... |
Iran: 7-month cement output up 11%03 November 2009, Published under Cement NewsIslamic Republic of Iran News Network quoted the Ministry of Industries and Mines’ Public Relations office as reporting that the production was 11 per cent higher than the figure for the same period last year. Based on the report, some 28.7Mt of clinker were produce in the mentioned period, which shows 11.6 per cent increase in comparison to the same period last year. The country’s cement output in the Iranian calendar month of Mehr (September 23-October 22) stood at 4.69Mt, a 26 per cent ... |
India Aditya Birla’s Oct shipments up 11 per cent YoY03 November 2009, Published under Cement NewsIndia’s Aditya Birla Group said on Monday cement shipments in October rose 11.1 per cent from a year earlier to 2.82Mt. Production rose an annual 12.5 per cent to 2.934Mt, the company said in a statement. |
ACC October cement production falls03 November 2009, Published under Cement NewsACC said that the cement production for the month of October fell to 1.71Mt compared to production of 1.74Mt in October 2008. The company ’s despatches for October slipped to 1.69Mt from 1.7Mt in the same month last year. The cumulative cement production of the company for the period from January to October 2009 edged up to 17.83Mt from 17.23Mt. The company’s despatches during the period rose to 17.81Mt compared to 17.23Mt in the year ago period. |
Holcim to acquire Malaysian cement factory03 November 2009, Published under Cement NewsIndonesian cement company PT Holcim Indonesia Tbk (SMCB) and banking syndication including Tokyo Mitsubishi as the coordinator , PT Bank Central Asia Tbk (BCA), PT CIMB Niaga Tbk, DBS and Sumitomo Mitsui signed a loan facility deal of Rp 1 trillion (US$104.4 million). The loan is aimed at propping up the acquisition over a Malaysia-based cement factory. In addition, the loan will be utilized for debt restructuring. Holcim Indonesia Director Jannus O Hutapea said in a written statement on T... |
KHD wins contract in northwest Russia02 November 2009, Published under Cement NewsGermany’s Humboldt Wedag GmbH (KHD) will build a cement factory worth RUB18bn (US$618.2m) in northwest Russia, the regional administration said on Tuesday. The Cologne-based company will build the factory in the Novgorod Region in partnership with the St. Petersburg-based Cement company. “Investors from Russia and Germany are going to invest an amount equivalent to RUB18bn to create a high-tech production facility over the next three years,” the administration said. The facility will prod... |
Construction materials post drop in prices, Philippines02 November 2009, Published under Cement NewsWholesale prices of building materials in Metro Manila fell 3.5 per cent year-on-year in September due to the contraction in the prices of steel and continuing decline of plywood, asphalt and fuel rates. Data from the National Statistics Office also show that the increase in the construction materials wholesale price index (CMWPI) for the National Capital Region has been sliding for the third month in a row. The CMWPI covers 25 commodity groups including sand, stone and gravel; cement; lum... |
ABB held global Gearless Mill Drive User Meeting02 November 2009, Published under Cement NewsABB recently held its third global Gearless Mill Drive (GMD) User Meeting. The conference hosted over 120 participants and took place in Lugano, Switzerland, from October 21st to October 24th, at the Hotel De La Paix. This conference was the fifth ABB GMD User Meeting, after two global events were held in Switzerland (2007) and Peru (2008), and after two regional events in Santiago de Chile and Sydney, Australia, both held in 2006. To date, ABB has installed or won orders for over 85 gea... |