Cement News tagged under: international
July show: Cement companies deliver a mixed bag05 August 2009, Published under Cement NewsIndian cement makers have come up with a mixed show in July with several players registering a decline in month-on-month growth, while others showing an increase. Producers such as UltraTech, Grasim and Ambuja have shown a decline in their despatches, while Shree Cement, Jaiprakash Associates, Dalmia Cement and ACC have reported rise. The northern and central regions of the country have once again emerged as the main driving factors for growth in demand. Both Shree and Jaiprakash are prima... |
Russian co to build plant in Penza Region04 August 2009, Published under Cement NewsAzia Cement plans to build a RUB8.6bn cement plant in the Penza Region, a spokesperson with the regional government said to PRIME-TASS Monday. The company plans to build the plant by the end of 2010. The plant’s production capacity is expected to be around 4Mta of cement. |
India’s ACC cement shipments rise 4.1% in July04 August 2009, Published under Cement NewsACC Ltd, India’s largest cement maker, said on Monday shipments in July rose 4.1 per cent from a year ago to 1.78Mt. The company, in which Holcim holds more than 46 per cent, said production rose nearly three per cent to 1.78Mt. |
Jaypee Group ink MoU with Assam Minerals for cement plant04 August 2009, Published under Cement NewsJaiprakash Associates Ltd the flagship company of the well diversified industrial conglomerate Jaypee Group signed an MoU for setting up a 2Mt capacity cement plant in JV with Assam Mineral Development Corporation Limited. The MOU was signed by Mr Manoj Gaur executive chairman of Jaiprakash Associates Ltd and Mr JP Baruah MD of Assam Mineral Development Corporation Limited. The bids for setting up the cement plant were invited by govenment of Assam in June 2007 and in all 23 companies part... |
Holcim Philippines net profit up 58% in 2Q04 August 2009, Published under Cement NewsHolcim Philippines posted a 58 per cent growth in second-quarter profit from a year ago on the back of robust demand from large-scale infrastructure projects and low-cost housing across the country. Holcim reported yesterday a net profit of P1.2bn for the April-to-June period, higher than the P742m in the same period last year. This brought the first quarter net income to PHP2bn, up 66.7 per cent from the previous year’s PHP1.2bn. “It was a semester of exceptional performance and, with the... |
Dalmia Cement dispatches up 14.8%04 August 2009, Published under Cement NewsDalmia Cement (Bharat) Ltd sold 14.8 per cent more cement in July from a year ago, the south-focused cement maker said on Monday. Despatches rose to 380,000t in July from 331,000t in the prior-year period, the firm said in a statement. Production grew 13.1 per cent to 376,000t, it said. Dalmia has an annual production capacity of 9Mt. |
Shree shipments rise 42.61%, India04 August 2009, Published under Cement NewsShree Cement Ltd said on Monday its July shipments rose 42.61 per cent to 830,000t, from 582,000t a year earlier. Total shipments during April-July period rose 32.62 per cent to 3.13Mt, up from 2.36Mt a year ago, the company said. The firm has a capacity to produce 8Mt of cement annually at its plant in the northern state of Rajasthan. |
Lucky Cement ventures into Africa04 August 2009, Published under Cement NewsLucky Cement Ltd., Pakistan’s biggest producer, plans to start its first overseas factory in Africa by 2011 to take advantage of a construction boom according to reports by Bloomberg. “The African market is where the future growth for Pakistan lies,” Chief Executive Officer Muhammad Ali Tabba said yesterday in an interview in Karachi. “Demand is growing and there are not many plants in the region.” He declined to give investment, capacity or location details of the planned factory. Lucky, ... |
Steppe Cement 1H Sales Volumes Up03 August 2009, Published under Cement NewsSteppe Cement Limited said Monday that for the half-year ended June 30 sales volume for cement rose to 442,227t compared to 412,042 tons in the first half of 2008, an increase of 7.3% year-on-year. Revenue in Kazakh Tenge, or KZT, declined 38.4% to KZT 3,881m versus KZT 6,300m in the first half of 2008. Whilst the cement market in Kazakhstan decreased by 25% to 2.1Mt in the first half of 2009 from 2.8 million tonnes in the corresponding period in 2008, Steppe Cement’s market share increas... |
Holcim Philippines halts expansion until 201403 August 2009, Published under Cement NewsLocal cement manufacturer Holcim Philipines, Inc. is putting on hold any expansion plans until 2014 as available capacity has not yet been maximised, a ranking official said late last week. The listed firm, which claims to be the country’s largest cement producer, will instead monitor growth in demand to decide whether to revive three production lines that have been temporarily shut down. "[There will be] no new plans to expand in the next five years. Our three spare lines are not running.... |