Cement News tagged under: international
Qatar government to crackdown on price hikes17 April 2009, Published under Cement NewsArabian Business reported that Qatar is set to crackdown on the price of essential commodities by introducing tougher rules on distributors. As per report, under the new regulations planned by the government, distributors will have to seek prior approval from the Ministry of Business and Trade before they revise prices on products including steel and cement. Mr Sheikh Fahd bin Jassim al-Thani minister of business and trade of Qatar said that “We will set up the mechanism in the near future... |
Steppe Cement saw volumes reduce by 1.6% in 200817 April 2009, Published under Cement NewsThe Kazakh cement producer Steppe Cement saw cement deliveries decline by 1.6% last year to 0.81Mt, with virtually all of the volume reduction taking place in the final quarter, while in the first half cement shipments had still grown by 7.8%. The cement price declined by some 9% last year, with a more notable price reduction in the second half, as the Kazakh cement capacity exceeded local demand during November and December. Cement prices continued to weaken during the early months of 2... |
Lafarge Ciment turnover in Moldova rises16 April 2009, Published under Cement NewsTurnover of the Rezina cement plant in Moldova owned by Lafarge Ciment has exceeded 1.003 billion lei (USS$1.2m) in 2008; an increase of 180 million lei. Net profit increased by one third and constituted almost 271.97 million lei ($24.7m). Chairman of the Council, Philippe Questiaux, promised during the course of a meeting with Prime Minister Zinaida Grechanaya in 2008 to increase the cement output from 800,000t to 1.2-1.4Mt. |
St. Lawrence Cement changes name to Holcim (Canada) Inc16 April 2009, Published under Cement NewsSt Lawrence Cement says it is changing its name to Holcim (Canada) Inc as part of the launch of the Holcim Group brand in Canada. "Holcim is a leading global brand in the building materials industry, recognised for long term financial performance and leadership in environment, corporate social responsibility and sustainable construction," said Paul Ostrander, president and CEO of Holcim (Canada) Inc. at an employee launch event Wednesday. "This change is an important opportunity to implem... |
Lafarge modest growth, Morocco15 April 2009, Published under Cement NewsThe Moroccan arm of Lafarge is planning to inaugurate a second cement production line at its plant in Tetouan in May, bringing capacity up to 2Mta, following the completion of an upgrade to its Tangier plant in March, raising output to 1.2Mta. Jean-Marie Schmitz, the chief executive of Lafarge Maroc, said that the company expected modest growth in cement demand in 2009, owing to the government’s commitment to pressing ahead with its housing construction programme. However, the company no... |
GCC: cement industry plans common standards15 April 2009, Published under Cement NewsThe cement industry in the GCC region is the second largest after the oil and gas sector, yet there are no indigenous standards and specifications to ensure the product is of high quality and this mars export initiatives. The region is most suitable for manufacturing cement and raw materials are also available in abundance, but the countries here largely depend on imports. This was disclosed by speakers at a symposium here yesterday where cement manufacturers and officials of standards and... |
Azerbaijani president attends groundbreaking ceremony15 April 2009, Published under Cement NewsOn April 14, 2009 President of Azerbaijan, Ilham Aliyev, attended a groundbreaking ceremony for Garadagh OJSC’s new state-of-the-art kiln, AzerTag news agency reported. Holcim Chief Executive Director Markus Ackermann made a speech at the ceremony and thanked the government for their support to this project. Construction of the kiln and upgrading the plant will be completed in 2011. Once the new line comes on-stream, clinker production will increase from 0.8Mt to 1.2Mt and cement producti... |
Venezuela considers payment for Holcim, Lafarge15 April 2009, Published under Cement NewsThe Venezuela’s government may pay European cement companies Holcim and Lafarge with cash and bonds in compensation for nationalized assets, El Universal reported , citing unidentified government officials. The payments, which would be 50 per cent in cash and 50 per cent in bonds, may be made in July or August, the Caracas- based newspaper reported, without providing further details. The government is analyzing the local plants of the cement companies for possible environmental damage and ... |
Vietnam: Kien Giang cement plant breaks ground14 April 2009, Published under Cement NewsConstruction of the Ha Tien 2-2 cement production line started yesterday in Kien Luong District in the southern province of Kien Giang, said the Vietnam Cement Industry Corporation (Vicem). With an investment capital of VND3.04trn (US$173.71m), the project has a capacity of 1.26Mta of clinker per year and 600,000t of cement. Polysuis and Bedeschi will provide equipment for the Ha Tien 2-2 cement line. |
HeidelbergCement Ukraine boosts net income14 April 2009, Published under Cement NewsIn 2008 HeidelbergCement Ukraine (previously known as OJSC Kryvy Rih Cement, Dnipropetrovsk region) increased its net income by 37.8% YoY, to UAH1.136bn. According to a company report at the State Commission for Securities and the Stock Market, its gross profits last year soared by 17.6%, to UAH 486.294m. Earlier the company published its net profit in 2008, which was estimated at UAH 262.616m, a 11.9% rise YoY. Its current commitments fell by 3.6%, to UAH 75.899m, and its assets dropped b... |