Cement News tagged under: international
Angola: cement price might drop soon14 April 2009, Published under Cement NewsThe price of cement and other construction material might drop soon in Angola, as a result of the emergence of new plants. This was said Monday in Luanda by the Industry minister, Joaquim David, Angola Press reported. Speaking to Angop on the fringes of the National Conference on Housing, Joaquim David said the Government is counting on a steering plan to boost the emergence of industrial points that will contribute to the solution of the housing problem in the country. He said the govern... |
House bill filed to delay Titan cement plant, US14 April 2009, Published under Cement NewsNorth Carolina Rep. Sandra Spaulding Hughes filed a bill seeking to delay permits for the Titan America cement plant, according to local press reports. The bill Hughes filed Thursday in the state House is identical to the bill filed in the Senate in March by Sen. Julia Boseman, a New Hanover Democrat. Both bills seek to delay all permits for cement plants until September 2010 and call for a commission to study the environmental and public health effects of cement plants. The bill would de... |
Lehigh Southwest lay-offs14 April 2009, Published under Cement NewsLehigh Southwest Cement Company will lay off approximately 40 workers by April 23rd. For the last 15 months, the plant implemented a 32-hour work week for employees in an effort to avoid layoffs. |
KfW loans US$111m to Ulyanovskshifer14 April 2009, Published under Cement NewsBuilding materials manufacturer Ulyanovskshifer is to open a $111m line of credit with German banking group KfW. The funds are reportedly to be used to build a cement plant in Ulyanovsk region with projected annual capacity of 1.2Mt of cement. The US$413m plant is scheduled to be put be commissioned in 2010. |
Thailand’s cement industry update14 April 2009, Published under Cement NewsA plunge in cement sales volume, both locally and abroad, is expected to be the major issue pressuring the Thai cement sector in 2009. KGI’s economist forecasts Thailand’s GDP to contract 2.0% this year notably weighed down by the fall in investment and export components. Domestic and export cement sales volume are estimated to drop 10.0% and 15.0% in 2009. As a result of the high base effect, local and export cement sales volume are expected to contract 10.0-15.0% YoY and 20.0-30.0% YoY, re... |
Saudi Eastern Cement cuts output amid export ban14 April 2009, Published under Cement NewsSaudi-based Eastern Province Cement Co said on Saturday it has decided to shut a production line for four months after a government decision to ban exports inflated stockpiles, reports Reuters. The line, which produces 3,500tpd, will be shut for a "lengthy maintenance", the firm said in a statement posted on the bourse website. All Saudi cement firms that have announced first-quarter earnings, including Eastern Province Cement, showed a fall in net profit from a year earlier, which they bl... |
China "national cement team" to be reshuffled14 April 2009, Published under Cement NewsChina’s "national cement team," which refers to 60 local cement producers covered by the state’s preferential policies, is facing a reshuffle this year, disclosed Kong Xiangzhong, secretary-general of China Cement Association (CCA). Kong announced the news at the 2009 China International Cement Conference last week, saying that both the list and industrial policies for cement would be adjusted. "The new list will uphold the 60 count limit, but since 16 of the listed producers have merged wi... |
JK Lakshmi begins production at Ahmedabad14 April 2009, Published under Cement NewsJK Lakshmi Cement has begun commercial production at its plant located at Ahmedabad in Gujarat. The INR 100 crore plant has a production capacity of 0.6Mta and it will supplement the company’s existing plant at Sirohi in Rajasthan to take the total capacity of the company to 5Mta. In addition, work on the company’s 2.7Mta greenfield cement plant at Durg in Chhattisgarh has commenced and the plant is slated to be operational by 2011. (Sourced from Project Today) |
Egypt to ban cement exports, probe sector14 April 2009, Published under Cement NewsEgypt’s trade ministry said yesterday it would ban cement exports for four months to stabilise local prices. A statement from the ministry said it had also asked Egypt’s competition watchdog to investigate the cement sector’s competitive practices and activities over the past six months, the second such investigation into that sector. The investigation by the Egyptian Competition Authority will look into the activities of all cement manufacturers and dealers and analyse the cement ma... |
Vietnam to have 30-35Mt surplus by 202014 April 2009, Published under Cement NewsVietnam is forecast to have a surplus of cement at 30 -35Mt by 2020 if the current production capacity and development impetus are maintained, said the Vietnam Cement Industry Corporation (Vicem). An addition 18 cement projects with combined capacity of 20.47Mt are slated for operation this year, including 10 of the Vicem with nearly 11Mt, said Nguyen Ngoc Anh, General Director of the corporation. By 2020, Vietnam’s cement output will reach 115Mt, thus finding export markets for the produc... |