Cement News tagged under: international
Camargo Corrêa lines up projects in Paraguay and Angola27 May 2009, Published under Cement NewsThe Camargo Corrêa group is getting ready to expand its operations outside Brazil. The company has invested US$460m in the construction of two plants - one in Paraguay and one in Angola. ’Despite the global crisis, there are several regions in which the civil construction sector still has a lot of development potential, such as Africa and Brazil ’, said Humberto Farias CEO of Cauê a subsidiary of Brazilian cement manufacturer Camargo Corrêa Cimento ’We have a lot of new projects lined up b... |
Indonesia production capacity to increase 2.5Mt27 May 2009, Published under Cement NewsIndonesia’s cement production capacity will increase by 2.5M5 to 47.5Mt this year. A new factory of PT Semen Andalas in Aceh will come on stream with an annual production capacity of 1.5Mt, the association of cement producer (ASI) said. The old factory of the company, which is owned by Lafarge was destroyed by Tsunami in December, 2004. The replacement factory is expected to come on line toward the end of this year, ASI chairman Urip Timuryono said. Meanwhile, PT Semen Padang and PT Seme... |
Indian cement sector on steady growth path26 May 2009, Published under Cement NewsPTI reported that the cement sector continues to be steady with another 50Mta capacity to be added this year. Mr HM Bangur president of Cement Manufacturers’ Association on the sidelines of a conference said that “The demand for cement has not come down. However, it remains to be seen what infrastructure policies are pursued after a new government takes over.” Mr Bangur said if the country’s GDP grows at 7%, the cement industry is expected to expand by 9% to 10%. He said that “About realt... |
Arabian Cement Jordan plant to open in 201026 May 2009, Published under Cement NewsMuhammad Uthman, CEO of Saudi Arabia’s Arabian Cement, said the company will launch its first plant in Jordan next year to boost capacity, reported Reuters. The new plant, which is currently under construction, will have an annual production capacity of 2Mt by the first quarter of next year. |
Peru: Cement sales to rise by more than 8%26 May 2009, Published under Cement NewsCement sales are forecast to total 7.34Mt in Peru in 2009, an increase of 8.3% over 2008 thanks to middle- and lower-class housing dynamism, according to the consultancy Maximixe. The government’s Plan de Estimulo Economico (PEE) will see Soles$1.7bil spent on the programme Techo Propio (Own Roof). Cement sales will also benefit from the execution of mall and hotel projects. Sales rose 9.7% last year to total 6.78Mt with office-space construction aiding. In 2008, Peruvian production cove... |
Lafarge faces antitrust investigation by Romanian regulators26 May 2009, Published under Cement NewsLafarge is under investigation by the Romanian competition regulator for abusing its market power in violation of the country’s antitrust rules. The Competition Council raided Lafarge facilities in Romania and opened the probe last week, a spokeswoman said by phone from Bucharest today. She declined to be cited by name, based on agency rules. “Documents and declarations taken during the inspections are being analyzed,” the Romanian regulator said in a statement on its Web site. While East... |
Heidelberg puts Hanson UK up for sale?26 May 2009, Published under Cement NewsBritish materials giant Hanson UK has reportedly been put up for sale by HeidelbergCement, according to local press reports. According to the Daily Mail, HeidelbergCement has been sounding out bidders to pay in the region of UK£1bn for Hanson’s UK business. Hanson was bought by Heidelberg in 2007, leaving the German group with debts of over UK£5bn. Heidelberg said earlier this month it would sell off UK£1.7bn in assets to help service its debts. The newspaper reported that Hanson UK would... |
Shahroud Cement Factory daily output more than doubled22 May 2009, Published under Cement NewsThe second phase of Shahroud Cement Factory’s development plan was inaugurated on Wednesday, raising its daily output to 6000t from the previous figure of 2700t. Industries and Mines Minister Ali-Akbar Mehrabian and some high-ranking provincial officials attended the inaugural ceremony, IRNA reported. |
Holcim: cement sales to rise slightly this year22 May 2009, Published under Cement NewsHolcim Philippines said it was cautiously optimistic of a sales growth this year amid the global economic situation, reports the Manila Standard. Ian Thackwray, the company’s chief operating officer, told reporters following the company’s annual stockholders’ meeting yesterday that he was confident the financial results for the first half would be better year-on-year. He said sales volumes grew 6-8 per cent YoY in the first four months of the year, or higher than the three per cent growth ... |
Jordan Govt agency to import cement if shortage continues22 May 2009, Published under Cement NewsJordan’s state-run Civil Service Consumer Corp, or CSCC, said it is ready to import cement if the domestic market continues to suffer from shortages and high prices, Jordan’s official news agency Petra reports Wednesday. When the Jordanian market was undergoing similar cement shortages two years ago the CSCC contracted a local cement company to ensure supply to the market at flat prices, the news agency reports citing Mahmoud Abu Hazim, director general of the CSCC. Jordan Lafarge Cement... |