Cement News tagged under: international
Brazil’s Feb cement sales fall 3.2 per cent10 March 2009, Published under Cement NewsCement sales in Brazil fell 3.2% in February compared with the same month last year, to 3.571 million tons according to figures Monday from the National Cement Industry Association (Snic), according to Agência Estado. Cement sales are an important indicator of economic growth, especially as the government has prioritized homebuilding and infrastructure as ways of combating the global economic crisis. Over January-February there was a 2.4% reduction on the same period in 2008 ... |
Baltsem ends 2008 in profit, Ukraine09 March 2009, Published under Cement NewsBaltsem Company, one of three largest Ukrainian cement producers, ended 2008 with a net profit of UAH278m, reported Ukrainian News. Assets of the company by late 2008 totaled UAH971.459m, long-term liabilities UAH2.314m and current liabilities UAH 132.641m. Baltsem ended 2007 with a profit of UAH354.8m. The company is part of the Eurocement Group Ukraine (Kyiv), which is a subsidiary of the Eurocement Group international industrial holding company (Moscow). |
Local opposition to new proposed plant, India09 March 2009, Published under Cement NewsFarmers in Himachal Pradesh are strongly opposed to a new cement plant being proposed for the Chambi village in Sundernagar subdivistion of Mandi district. A delegation of farmers headed by Mr Parashar met Chief Minster Prem Kumar Dhumal and urged him to intervene in the matter. ’’The project would render thousands of families landless and adversely affect the environment of the area beside big chunk of the fertile agriculture land would be use in the cement plant,’’ said Kissan Vikas and ... |
Import tariff lifting fails to reduce prices, Philippines09 March 2009, Published under Cement NewsCement prices in the Philippines remain high despite the lifting of tariffs on imported cement, but the government has said duty free importation has helped stabilised prices, according to local press reports. Steel, Angles, Shapes and Sections Manufacturers Association of the Philippines (SASSMAPI) Spokesperson Al. S. Tatel said the only construction material that has not decreased its price is cement. He said that despite the slowdown in demand, cement firms operating in the country conti... |
Indian producers set to raise prices09 March 2009, Published under Cement NewsCement producers in India are to hike prices by Rs5 per 50kg bag across the country in a couple of weeks said dealers in Mumbai and Gujarat. This comes on the back of improved demand as well as increasing sales. The proposed price hike is in addition to the Rs2 per bag increase in eastern India from February 1. While mid-sized companies, like Binani Cement, JK Lakshmi, Shree Cement, have sent feelers to the dealers on an imminent price hike, major players, such as ACC, Ambuja Cements, ... |
Ethiopia - Habesha Cement sells 70,000 shares09 March 2009, Published under Cement NewsHabesha Cement has sold 70,000 shares worth 70 million birr in the last four months. The par value of each share is 1000 birr and the minimum amount of shares an individual can buy is five. More than 2000 people have bought shares in the company, the biggest Ethiopian share company when fully subscribed. Eskindir Desta, board executive secretary, told The Reporter that the share company was established last September by 30 individuals who had together contributed 600,000 birr. Eskindir sai... |
Anhui Conch plans US$2.9bn for expansion09 March 2009, Published under Cement NewsAnhui Conch Cement Co. plans to spend at least CNY20bn (US$2.9bn) in five years, adding 10Mt of capacity each year, reports Bloomberg News. The company will focus on building plants in China’s southwestern provinces and cities including Sichuan, Chongqing and Shaanxi, Guo Wensan, the general manager of the company, told reporters in Beijing where he’s attending the National People’s Congress. It had more than 130Mt of capacity last year. China has announced that it plans to spend CNY4trn (... |
Dalmia’s new greenfield plant on-stream, India09 March 2009, Published under Cement NewsDalmia Cement (Bharat) confirmed it will be increasing its production capacity from the present 3.5Mt to about 9Mta before the end of this calendar year. T Venkatesan, CEO, announced the launch of production at the company’s 2.5Mt greenfield project at Chinnakomerla in the Kadapa district. He said another 2.5Mt greenfield unit at Ariyalur in Tamil Nadu would be commissioned by mid-2009. The company already has a 3.5Mt unit at Dalmiapuram near Tiruchi in Tamil Nadu, the capacity of which i... |
Siam Cement: two year outlook, Thailand06 March 2009, Published under Cement NewsSiam Cement Group (SCG) of Thailand expects that domestic cement demand is likely to become normal in two years. Mr Pramote Techasupatkul, SCG Cement President, has projected that domestic cement demand will likely fall 10 per cent from 25Mt last year, due to delayed investments in many projects, including the government’s mega-projects and infrastructure investments. Nonetheless, if domestic politics improve, cement demand should rebound over the next two years along with a recovery in th... |
Taiwan producers to gain from China`s public works06 March 2009, Published under Cement NewsTaiwan’s leading cement producers, including Taiwan Cement Corporation and Asia Cement Corporation, are expecting to profit from the anticipated investment of RMB11trn (US$1.41trn) in infrastructure projects implemented by mainland China in the next two to three years. Huang Chien-chiang, vice president of Taiwan Cement, estimates the construction of two new railroads, from Guangzhou to Guiyang and from Guangzhou to Nanning, will generate demand for 20Mt of cement, with the firm having won ... |