Cement News tagged under: international
Appeals against Weston plant to be heard soon, NZ16 March 2009, Published under Cement NewsA key economic decision for two communities on opposite sides of the South Island will be made at a hearing beginning in 10 days. In February 2008, Holcim New Zealand was granted 46 consents to operate a new cement plant and quarries at Weston, Oamaru. On March 9, an Environment Court sitting in Oamaru will hear appeals against the decision from Holcim itself and local interest groups. Holcim says the plant, with an estimated cost of between $300 million and $400m, will create 120 jobs in... |
India: producers planning units to be asked to use 25% ash16 March 2009, Published under Cement NewsCement companies, which have signed MoUs with the Orissa government, for setting up of cement units in the state, will be asked to utilise 25 percent of the fly ash generated by them in various forms. This will be a mandatory condition for them and the Orissa government is likely to take a decision in this regard in next couple of months, said the sources. Though the state government had set up a mission for effective utilisation of fly ash and blast furnace slag (BFS) in 2006, the achieve... |
Cement supplies low in Guam16 March 2009, Published under Cement NewsConstruction crews might have a tough time getting the cement they need now that Guam is facing a cement shortage for the next several days, according to reports from the Pacific News Center. Staff at a leading cement supplier on the island, Perez Brothers Incorporated, say cement supplies are low for now due to high demand and the limited amount of cement that can be brought to Guam on ships. Perez Brothers has reserved its remaining supply of concrete for specific customers, meaning some ... |
New factory inaugurated, Northern Iran16 March 2009, Published under Cement NewsOn Sunday 15 March the Iranian minister of industries and mines, Ali Akbar Mehrabian, inaugurated the Zaveh cement factory. The plant is capable of producing 1.1Mta of cement. After the commissioning of the factory, yearly production of cement in the province will reach over 3.5Mt. Source: BBC Monitoring Caucasus |
ACC sees Indian cement market oversupply in 2H16 March 2009, Published under Cement NewsBusiness Standard quoted ACC said that the domestic cement market will see oversupply in the second half of 2009. The Holcim group company said that: "Although cement prices may be reasonably stable, the bunching of fresh capacity, particularly in the 2H of 2009, could cause a supply overhang." However, overall domestic capacity is 207Mt and an addition of 46Mt is expected in 2009. ACC’s own capacity will rise from the current 22.63Mt to 30.58Mt by 2010. Industry analysts said that demand... |
German Dyckerhoff net profit up 7% YoY in 200816 March 2009, Published under Cement NewsDyckerhoff AG reported a net profit of EUR 306.7m (US$ 395.8m) for 2008, a rise of seven per cent YoY. The company attributed the result to the considerably lower expenses for income taxes. It said it will propose a dividend increase to EUR 2 per ordinary and preferred share each versus EUR 1.32 a year earlier. Dyckerhoff also booked a pretax profit of EUR 414.7m, down from EUR 434.1 million. EBITDA were up 3% to EUR 578.6m. The figure was influenced by one-time effects of EUR 5m and EU... |
Nepal cement producer halts production13 March 2009, Published under Cement NewsUdaypur Cement, Nepal’s largest cement producer, has halted its production for the last six. The country’s largest cement factory is incurring a staggering loss of Rs 4.5m to Rs 5m per day due to crippling power shortage. The Nepal Electricity Authority (NEA) is supplying power from just 4am to 11am despite its promise to provide 10 MW of electricity to the factory round the clock. The factory is totally bereft of electricity on Thursdays and Fridays. |
Lafarge plans major expansion of Alberta plant, Canada13 March 2009, Published under Cement NewsLafarge is planning a substantial increase in capacity for its Exshaw Cement Plant located in Exshaw, Alta, about 80km west of Calgary. Plans for the expansion include an increase in capacity from the current 1.3Mta to 2.2Mta. “The increased capacity is related to our desire to supply the western market, including western Canada and the northern tier states from local sources,” says Ron Braun, vice-president, business development, western region with Lafarge North America. Cement products ... |
Indian cos maintain 8% despatch growth13 March 2009, Published under Cement NewsAccording to latest updates from the Cement Manufacturers’ Association (CMA), the Indian cement industry despatched 16.02Mt of cement in February, up 8.39 per cent, compared with 14.78 Mt in the same month last year. Production during the month stood at 15.96Mt as against 14.73Mt. Hari Mohan Bangur, president of CMA, told Business Standard that demand for cement from non-metro regions was good and, in the current month, despatches’ growth rate would be somewhere around 10 per cent. In Octo... |
Turkish sector expected to contract 10-12%13 March 2009, Published under Cement NewsHead of the Turkish cement manufacturers’ association (TCMA), Adnan Ignebekcili, says local cement makers managed to offset the effects of economic downturn in 2008 with the help of export deals sealed before the global financial crisis broke. However, cement makers will not be able to sustain this trend in 2008 and the TCMA expects domestic cement demand to contract by 10 to 12% to 38mn tonnes this year, Ignebekcili asserts. Cement production increased 4.4% y/y last year on the back of sh... |