Cement News tagged under: international
Eurocement to build plant in Ryazan Region12 October 2009, Published under Cement NewsEurocement Group has announced US$440m plans to build a state-of-the-art cement factory in Ryazan region. The plant’s projected annual capacity is 3Mt of cement. Further parameters for the project, including its timeframes, have yet to be announced. |
Garadagh Cement secures EBRD loan12 October 2009, Published under Cement NewsThe EBRD is promoting further diversification of the Azeri economy through the largest foreign direct investment in Azerbaijan outside the oil and gas sector to date. The Bank is providing a Ä120m loan to Garadagh Cement, the leading cement producer in Azerbaijan, to support the company’s drive to improve energy efficiency and expand production. The proceeds of the EBRD loan will finance the shift from wet-process technology to a of state-of-the-art, dry-process line. This will increase the... |
Indonesia Sept cement consumption falls 14 per cent12 October 2009, Published under Cement NewsIndonesia’s domestic cement consumption in September fell 14.3 per cent to 2.5Mt from a year earlier, industry data showed on Friday. Indonesia’s largest cement firm, PT Semen Gresik , has forecast cement consumption will grow 0-3 per cent this year, down sharply from an 11.5 per cent rise in 2008. |
Indian companies’ 2Q margins to improve12 October 2009, Published under Cement NewsCement consumption across India grew 14.6% during the July-August period driven by a strong growth in the northern and eastern regions, according to monthly data provided by the Cement Manufacturers Association. However, in September, growth is likely to come down to 8% owing to higher base and weakness in demand across the regions. For the second quarter of the current fiscal, cement companies are expected to continue improving their margins year-on-year due to higher sales volumes and low... |
New order from Cementos Sur, Peru12 October 2009, Published under Cement NewsDresser Roots Mexico recently won an order for two Large Rotary Blower packages model 1648 RAS-J driven by 500 HP motors with Variable Frequency Drivers (VFD) for a combustion air application to Cemento Sur. Cemento Sur is a cement plant located in Juliana, Peru. The cement plant has three blower packages in operation. The blowers are the critical piece of equipment for the cement manufacturing process and Cemento Sur decided to improve the reliability of the plant by having two stand-by p... |
Dalmia relief housing for flood damaged Karnataka, India12 October 2009, Published under Cement NewsAs a relief measure Dalmia Cement has announced it will build 1000 houses for the homeless people affected by the recent floods in Karnataka. A letter in confirmation has been given to the Chief Minister of Karnataka Mr Yediyurappa at a function organized at Bengaluru. Mr Puneet Dalmia MD of Dalmia Cement said that "We are aggrieved by the loss of lives and property caused by the unprecedented natural calamity in parts of North Karnataka. As part of our Corporate Social Responsibility we j... |
Cameroon construction growth seen rising12 October 2009, Published under Cement NewsGrowth will pick up in Cameroon in 2010 because of an increase in spending on state projects that will help counterbalance the impact of the global downturn on central Africa’s biggest economy, analysts say. Cameroon’s growth rate is expected to fall to around 2.5 per cent in 2009 from 4.1 per cent in 2008 as a result of lower foreign demand for Cameroon’s primary export commodities such as oil, wood, rubber, cotton and aluminium. But a Reuters poll of analysts showed growth in gross domest... |
Continental Cement honours12 October 2009, Published under Cement NewsContinental Cement Co. of Hannibal was one of three firms honoured for entrepreneurial leadership at Monday’s Tri-State Development Summit in Fairfield, Iowa. “We’re really honoured,” said Tom Beck, Continental’s senior vice president. “We were surprised.” Though it wasn’t apparent at the time, Continental took a huge risk in 2006 when it broke ground for a new $200 million environmentally-friendly kiln at its plant along Highway 79 on the south outskirts of Hannibal. The project also inc... |
Eurocement set to sign contract with Chinese10 October 2009, Published under Cement NewsChina National Materials (Sinoma) and investment holding company CNBM will sign four cement production facilities construction deals with Russian cement maker Eurocement. The move is part of plans by Russian firms to sign over $5.5 billion worth of deals with their Chinese partners during a visit by Prime Minister Vladimir Putin to Beijing next week, Putin’s deputy told Reuters in an interview. The 34 deals will range from a $500 million loan agreement between China’s Development Bank and ... |
Sinoma signs two contracts with Dangote09 October 2009, Published under Cement NewsChina Sinoma International Engineering announced that it has signed two contracts worth US$228m in total with two firms owned by the Dangote Group of Nigeria, sources reported. According to the statement, Sinoma has inked a US$144m deal with Dangote Industries Senegal SA to build a cement a 3000tpd line, near Dakar, the capital of Senegal. It has also signed a US$144m deal with Dangote Industries Zambia Ltd to build a plant with a production capacity of 3,000tpd of cement near Lusaka, the ... |