Cement News tagged under: international
Southern Africa sales fall continues08 July 2009, Published under Cement NewsThe decline in Southern African market momentum continued last month with regional industry monthly and daily sales for June 2009 being down 16.7% and 20.6% year on year respectively. All provinces showed a decline with the Western and Eastern Cape experiencing the largest year on year decline in June. The construction sector continues to show positive year on year demand. Source: PPC Sales Monitor |
Brazil 1H09 cement sales steady08 July 2009, Published under Cement NewsBrazilian cement sales held steady in the first six months of 2009, local business daily Valor reported Tuesday. A survey by the National Cement Industry Association (SNIC) showed domestic cement sales totaled 23.9Mt from January through June, only slightly lower than the 24.3Mt in same period last year. According to Jose Otavio Carvalho, Executive Secretary of SNIC, cement sales should total 51.4Mt this year, exactly the same as in 2008. However, June sales fell 2.3% from June, 2008. "T... |
Court suspends issue of permits for EUR350m Holcim plant07 July 2009, Published under Cement NewsThe County Court of Komarom-Esztergom has suspended the issue of permits for the construction of a cement plant in Nyergesujfalu (NW Hungary) by Hoclim in a first-instance ruling, the Valaszuton Foundation, one of the civil organisations that brought the case, told MTI on Monday. The civil organisations as well as several local councils sued the National Environmental Protection Agency in the case because they said the construction of the plant would cause irreparable damage to the area aro... |
IFC Invests US$24m in Algeria cement plant07 July 2009, Published under Cement NewsThe IFC said it will make an equity investment of up to US$24m in cement maker ASEC Algeria to support the construction of a cement plant that will create more than 1,000 jobs and help meet Algeria’s growing demand for high-quality building material. The cement plant will be built in Djelfa, one of Algeria’s least developed regions, where it will support local small and medium enterprises in the transport, maintenance, and general services sectors. The project is expected to create 600 dire... |
US firm to construct cement plant in Uzbek region07 July 2009, Published under Cement NewsUS firm Platineum Partners will build a cement plant in the Uzbek autonomous zone of Karakalpakstan with the capacity of 1Mt in 2009-2011, UzDaily.com reported. The US firm has already started construction works and now it is holding negotiations with the Chinese companies for equipment supply. The project, costing US$128m, will be financed with US$58m of the company’s own resources and with US$70m in loans. |
Castle Cement to shed 57 staff07 July 2009, Published under Cement NewsAccording to local press reports, Hanson Cement could be shedding 57 jobs from its Padeswood facility in North Wales. Formerly named Castle Cement, the firm has already stripped jobs from the factory near Buckley where 183 people once worked. Last night, Flintshire councillor and member of a liaison committee between Hanson and the community, Ron Hampson, said 57 employees have been handed letters telling them they will be out of work in 90 days. He said there will only be 46 members of s... |
Kyrgyztan set to launch new cement plant07 July 2009, Published under Cement NewsA new cement plant will be launched in Kyzylkiya, Kyrgyzstan, on July 14. The plant will produce 1Mta, deputy minister of industry, energy and fuel resources Gulbarchyn Asanova told at a press conference at the Kabar News Agency. Source: Asia Pulse |
Budget fails to bring cheers to India cement makers07 July 2009, Published under Cement NewsThe Indian cement industry is not happy with the Budget as it fails to meet its long-pending demand for rationalising tax structures at par with other commodity makers, particularly steel. "We are disappointed with that cement fails to get any respite from the high rate of taxes and duties," ACC LTD’s Managing Director Sumit Banerjee said in a statement. Banerjee also said that the cement industry was also hoping in vain that retail housing would get a boost by way of an increase in persoa... |
Dalmia Cement second plant update, India07 July 2009, Published under Cement NewsBusiness Standard reported that Dalmia Cement Limited is setting up a second manufacturing facility in Tamil Nadu with an investment of around INR800crore. Mr R Gurumoorthy the company spokesperson said the Greenfield project was coming up at Ariyalur on 175 acres of land. It already has a 4Mt unit at Dalmiapuram near Tiruchy. The capacity of the Ariyalur project would be 2.5Mta and is almost ready. However, this apart, it is also setting up a 27MW captive power plant in Tamil Nadu with an... |
CRH Trading Statement07 July 2009, Published under Cement NewsCRH plc today issues this statement for the six months ended 30 June 2009. The Interim Results for 2009 are due to be announced on 25 August 2009. While the rate of profit decline in the second quarter eased substantially compared with the first three months, the global recessionary environment led to weaker than anticipated trading in May and June. Against this backdrop CRH expects that EBITDA* for the seasonally less profitable first half of the year will show a decline of approximately 4... |