Cement News tagged under: international
Southern Africa monthly sales rise four per cent09 April 2009, Published under Cement NewsRegional industry sales for March 2009 grew by 4.0% compared to March 2008, but declined by 10.2% YoY on a sales per day basis. This is an improvement on February’s 13.9% decline confirming that sales in February were negatively affected by high rainfall in most summer rainfall provinces. Limpopo, Namibia and Botswana continues to show year on year growth in March while the Western Cape remains significantly down. Almost 9000t of clinker was imported in March. For the period October 2... |
Lafarge inaugurates a new cement plant at Bazian, Iraq09 April 2009, Published under Cement NewsOn 8th April 2009, Mr Bruno Lafont, chairman and chief executive officer of Lafarge, inaugurated a new plant at Bazian, in Iraqi Kurdistan. This new plant is situated 30km away from Sulaimaniyah, which is the second biggest city of the region. It has been in operation since mid-2008 and has an annual production capacity of 2.5Mt of cement It is equipped with the latest technology and meets the Group’s environmental standards as applied by Lafarge across all its operations. It is partly pow... |
Venezuela government to pay cement firms for nationalisation09 April 2009, Published under Cement NewsWithin four months, Venezuela will pay compensation to cement makers affected by leftist President Hugo Chavez’ 2008 nationalisation of the sector, according to a local media report on Wednesday. The OPEC nation’s government last year signed accords with Lafarge and Holcim Ltd agreeing to some compensation for the state takeover. Cemex did not reach an agreement and filed for arbitration. Holcim followed suit last month on complaints Venezuela halted communications about the payment. Depu... |
Bulgaria’s Zlatna Panega cement posts 2008 profit08 April 2009, Published under Cement NewsBulgarian cement producer Zlatna Panega Cement reported pre-tax profit of BGL88m (EUR44.99m) in 2008, up 30% YoY, management said in a statement. Zlatna Panega plans to build and install a second vertical cement mill by the middle of 2010, the statement said. The second mill is to double the plant’s cement production coupled with the first mill, which was completed last year. Zlatna Panega Cement is part of the Titan Group, which bought the company from HeidelbergCement for EUR56.8m ... |
Brazil monthly cement sales rise08 April 2009, Published under Cement NewsBrazil’s domestic cement sales per business day rose 4.5% in March compared to the same month last year, to 175,900t, the National Cement Industry Association (Snic) said Tuesday. Compared with February, sales per business day fell 1.5%. Total domestic cement sales increased 11.5% in March on the same month last year, to 4.222Mt. In the first three months of 2009, sales rose 2.1% to 11.72Mt. The Brazilian government has prioritised homebuilding and infrastructure as ways of combating the ... |
Housing recovery in 2010, construction 201108 April 2009, Published under Cement NewsThe US housing sector won’t recover until summer 2010 and the residential construction sector won’t be back on its feet until 2011, the Portland Cement Association predicts. The industry group said Monday that adjustable mortgages, tight lending, toxic assets and increased government regulation of mortgages will hamper housing markets through the rest into 2010. “Housing construction activity cannot begin until sales recover,” said Edward Sullivan, chief economist for cement industry assoc... |
Saudi cement sales increase 15%08 April 2009, Published under Cement NewsSaudi Arabia recorded an increase in cement sales in the first two months of this year as government investments in infrastructure projects spurred construction, reports Business Intelligence Middle East. Sales rose 15% to 5.6Mt, compared with the year-earlier period, HSBC Holdings said in an e-mailed report. “This shows that construction activity continues to remain robust,” HSBC said. The government prohibited in June the export of cement to help reduce prices. Cement inventories increas... |
Vietnam Cement Corp to operate four projects this year07 April 2009, Published under Cement NewsThe Vietnam Cement Industry Corporation (Vicem) is trying to operate four large cement projects with a combined capacity of 6.8Mt this year, the Vietnam News Agency reported, citing the Vicem’s sources. Under the schedule, Hoang Thach cement plant’s production line 3 with yearly capacity of 1.2Mt of clinker will be put in use in the third quarter. But Son plant’s production line 2 with an annual capacity of 1.6Mt of cement, Bim Son expanded plant and Binh Phuoc plant with yearly capacity o... |
Holcim rules out other plant sites, New Zealand07 April 2009, Published under Cement NewsPukeuri and other areas in and around Oamaru have been rejected as alternatives to the Waiareka Valley, near Weston, for Holcim (New Zealand) Ltd’s proposed cement plant. Holcim selected the Waiareka Valley site in the 1970s. The land was bought and then rezoned to accommodate a plant. That was confirmed last year by resources consents granted by the Otago Regional and Waitaki District Council. However, the consents are being appealed to the Environment Court by the Waiareka Valley Preserv... |
EnGro to invest CNY32m in Hebei cement plant, China07 April 2009, Published under Cement NewsEnGRO Corporation is pumping CNY32m (USS$7.1m) into a joint venture to build a cement plant in Hebei, reports The Business Times, Singapore. The company said yesterday that its investment will translate into a 40 per cent stake, while partner Hebei Iron & Steel Group will put in CNY48m in exchange for the other 60 per cent. The plant will eventually be able to produce 2.4Mta of cement. It will be built in two phases. The first phase involves two production lines of 600,000t each. Phase 2 ... |