Cement News tagged under: international
Falling Abu Dhabi cement prices expected to continue02 November 2009, Published under Cement NewsPrices of Portland cement and sulphate-resistant cement in Abu Dhabi fell almost 7% in October when compared to September, due to falling demand. Al Etihad Portland Cement, which was selling for Dhs330 in late September was priced at Dhs305 a month later, while prices for Al Etihad sulphate-resistant cement fell from Dhs340 to Dhs315 over the same period. Prices are expected to fall further, as there has been no increase in demand and officials told Emirates Business 24/7 that it is likely t... |
Lehigh Cement Co. opposes road extension02 November 2009, Published under Cement NewsThe Union Bridge Community Comprehensive Plan adopted in 2008 is under review after Lehigh Cement Co. officials requested that a proposed road that would have crossed the company’s property be removed from the plan. Barbara Lilly, a planner in the Carroll County Bureau of Comprehensive Planning, said the plan has been out for a 60-day public review and comment period, which ends Friday. The Union Bridge Planning and Zoning Commission will have a public hearing on the proposed change Nov. 19... |
India’s Ambuja Cements Oct shipments up 3% YoY02 November 2009, Published under Cement NewsAmbuja Cements Ltd , India’s No. 3 cement maker, on Monday reported October shipments rose three per cent to 1.464Mt from a year earlier. The company, in which Holcim holds about 46 per cent, said production rose to 1.498Mt from 1.45Mt. |
VicatSagar Cement to raises money for expansion02 November 2009, Published under Cement NewsVicatSagar Cement Limited, a 51:49 joint venture between France-based Vicat and Andhra Pradesh Sagar Cements, is raising a little over Rs 400 crore through debt and equity from external sources to set up its Rs 1,600 crore cement plant in Karnataka. The 2.7 million tonnes per annum integrated cement plant will come up near Chatrasala village, Gulbarga district in Karnataka, on the border of Andhra Pradesh. The project consists of the first phase of a two-phase development program and also i... |
Cemex CEO sees boost from US recovery in 201002 November 2009, Published under Cement NewsCemex expects its U.S. cement volumes to grow next year as the U.S. housing market recovers and the company aims to extend its debt maturities, Chief Executive Lorenzo Zambrano said on Friday. Zambrano that according to the Portland Cement Association, which represents companies in the United States and Canada, cement sales volumes are seen up five per cent next year. "My gut feeling is that in the five months ahead of the (2010) mid-term US elections, we will see a lot more activity," Zam... |
UltraTech goes from strength to strength02 November 2009, Published under Cement NewsCurrently India’s largest cement producer with a capacity of 23.1Mta, UltraTech is reported to be about to boost its lead nationwide position with the addition of 22.5Mt of capacity from its majority partner Grasim Industries, which currently has a 55 per cent stake in the group. Currently, UltraTech operates in the central, southern and western regions, while Grasim has its presence in the northern region. Although Grasim spokesmen are unwilling to confirm the deal, the demerger of its ow... |
Australia’s Boral says H1 remains tough30 October 2009, Published under Cement NewsAustralian building materials group Boral Ltd said on Wednesday market conditions in the first half of this year remained difficult, and it was keeping a lid on production to match weak demand. Outgoing Chief Executive Rod Pearse said there were signs of a housing-led recovery in Australia in the second half of the year, but the picture was not as bright for non-dwelling approvals, which slumped in the second half of last year. |
New plant to be constructed in Dagestan, Russia30 October 2009, Published under Cement NewsNorinco International Co Ltd a China-based contractor of engineering projects, has announced that it has inked a US$610m contract to design and build a plant in Dagestan with an annual output of 3.6Mt of Portland cement |
Indonesian cement industry picked by ministry to be revitalised30 October 2009, Published under Cement NewsThe Indonesian industry ministry said it will revitalise four manufacturing sectors under its program in the next five years. Industry Minister MS Hidayat said cement, sugare fertilizer and palm oil-based industries will be included in the working program of the ministry until 2014, the end of his term. The four sectors are vital in the program to improve the welfare of the people, Hidayat said. He said revitalization will focus on improvement of productivity, efficiency of the industrie... |
Cemex open to talks with Venezuelan government30 October 2009, Published under Cement NewsCemex is open to talks to resolve a dispute with the Venezuelan government, which nationalized the multinational’s operations in the Andean nation last year, the company said. "We’ve begun an arbitration process in an international court. However, we maintain our willingness to negotiate with the government outside of the arbitration process," Hector Medina, Cemex’s executive VP of finance and legal, told a press conference Wednesday. In late October 2008, Monterrey, Mexico-based Cemex fil... |