Cement News tagged under: international
Property seizure grounds Lafarge operations, Zambia11 September 2009, Published under Cement NewsLafarge Cement Plc has suspended operations after court bailiffs started seizing its property to execute a High Court ruling which awarded US $13 million to Citizens for a Better Environment (CBE) for environmental liabilities caused by the giant cement manufacturing company. Head of Corporate Affairs Eugene Chungu said yesterday that the ruling had negatively affected the operations of Lafarge Cement Plc since last Friday when the execution of the ruling started, resulting in some properti... |
New cement plant for Spain11 September 2009, Published under Cement NewsFelix Santos Ortega has established a new company called Tucana under which a new cement plant will be built in Albentosa, Spain. Work on the €180m plant is due to start in 2011 with commissioning complete in 2013. The plant is expected to have a 1.2Mta capacity and create 390 jobs. Source: www.aggbusiness.com |
India: cement prices fall, more cuts likely11 September 2009, Published under Cement NewsSanjay Ladiwala, President of Cement Stockists and Dealers Association of Mumbai said that the cement prices had come down in trade segment by Rs 3 per bag and Mumbai prices had come down by Rs 5-8 per bag this month. The billing rate for traders was at Rs 255 per bag while retail buyer’s rate was at Rs 265 per bag. Western India prices were down nearly by Rs 5-7 per bag, he said. “Analysts say prices may further go down Rs 5-7 per bag.” He foresees more correction towards the end of the mo... |
New Zealand residential construction falls 6.5%10 September 2009, Published under Cement NewsNew Zealand house-building and renovation work fell to the lowest level in almost eight years in the second quarter amid the worst recession in three decades, reports Bloomberg. The value of residential construction excluding inflation dropped 6.5 percent from the first quarter when it declined a revised 0.5 percent, Statistics New Zealand said in Wellington today, citing seasonally adjusted figures. Non-residential construction fell 2.5 percent. Home construction has slumped by more than ... |
UAE producers hit by rising production costs10 September 2009, Published under Cement NewsSeveral factories in Fujairah and the Northern Emirates say their production costs have increased over the past few weeks even as cement prices across the UAE continues to remain stable compared to last week, reports Emirates Business. Factories have, meanwhile, seen reduced demand due to Ramadan. Sales managers and representatives of many factories yesterday told Emirates Business they are hoping the situation would improve after Eid. Cement is priced differently in each emirate, with Dub... |
Indian cement despatches up 17 % in August10 September 2009, Published under Cement NewsThe domestic cement industry has clocked a despatch growth rate of 17 per cent in August. This is in sharp contrast to the industry leaders’ estimates of 9-10 per cent. The industry despatched 15.44Mt during the month compared with 13.2Mt during the same period last month. The industry produced 15.52Mt which is 17.75 per cent more than what it produced last year in the same month. According to the chief commercial officer of ACC, Jayanta Datta Gupta, the rise in government’s expenditure o... |
Sagar Cements, Vicat joint venture set for financial completion10 September 2009, Published under Cement NewsThe INR2500-crore joint venture cement plant of Sagar Cements and France-based Vicat Group is set for financial approval and the construction work is likely to begin soon. “The acquisition of 1600 acres for the first phase of the project is completed in Gulbarga, Karnataka, and we are awaiting registration approvals from the Government for another 1200 acres to be used for the second phase,” S Srikant Reddy, executive director of Sagar Cements, told Business Line. Under a joint venture pac... |
Vicem sells 10.94Mt of cement, clinker in Jan-Aug09 September 2009, Published under Cement NewsVietnam Cement Industry Corporation (Vicem) sold 10.94Mt of cement and clinker in the first eight months of this year, fulfilling 60.4% of its full-target, the corporation said on its website. Of the sum, 10.82Mt were cement and 123,000t of clinker, meeting 61% and 32.4% of its full-year targets, respectively. Vicem said that with the sales it held 37% of the domestic market share during the period. The corporation produced 6.16Mt of clinker and 10.73Mt of cement during the time, represen... |
Hima unveils new cement brand, Uganda09 September 2009, Published under Cement NewsHima Cement has unveiled a new cement product. Sheila Byenkya, the firm’s e-account executive, said Powermax cement was aimed at boosting large construction projects. “The new cement will combine high technical performance for large projects with all-round versatility for the small users,” Byenkya said while meeting architects in Kampala. She was addressing partipants at the 3rd symposium at the Kampala Serena Hotel last week. Byenkya explained that Powermax was produced by intergrinding ... |
Apo Cement helps Veco ease power-supply shortage, Philippines09 September 2009, Published under Cement NewsEbu-based Apo Cement Corp. on Tuesday signed an agreement to supply up 10MW of power to distribution utility Visayan Electric Co. (Veco) as the central Philippines’ grid plunges deeper into incessant rotation brownouts. The agreement was signed by representatives of Apo’s mother company in the country, Cemex Philippines Corp., led by its president Sergio Menendez and vice president for planning Paul Vincent Arcenas. Veco, the country’s second-biggest distribution utility, was represented b... |