Cement News tagged under: international
Region’s largest cement plant to be built in Azerbaijan17 February 2009, Published under Cement NewsThe Azerbaijani private company Norm announced a tender to engineer and construct the Qizildas Cement plant, the company said in a press release. The tender envisages constructing an advanced technology cement production set, supplying raw materials and storing, packing and selling goods. The equipment and technology must strictly comply with European environmental standards, the company said. Norm was launched on May 4, 2006 as a cement company selling goods on the Azerbaijani market. Tod... |
Vietnam: Quang Binh Province to host another cement plant16 February 2009, Published under Cement NewsThe Vietnam Construction Materials Company began construction of its cement factory in Tuyen Hoa district, central Quang Binh Province last Thursday. The factory will produce 2Mta of cement and has an investment capital of VND4trn (US$235.30m). This is the second cement factory built in Tuyen Hoa. It will be completed by 2011. |
Indonesia: Local cement industry pins hopes on government infra spending16 February 2009, Published under Cement NewsThe cement industry is depending on the promise of the government to pump prime the economy by increasing spending on infrastructure to sustain the growth of construction in the country. In an interview, Holcim Philippines Inc chief operating officer (CEO) Ian Thackwray said the private construction is on the decline. However, the government’s promise to invest in infrastructure projects will sustain the demand for construction supply. However, the P100bn infrastructure fund of the governm... |
Indonesian cement sales down 3.8 per cent on tight banking liquidity16 February 2009, Published under Cement NewsSales of cement on the Indonesian market fell 3.8 per cent to 2.96Mt in January from 3.09Mt a year before. The association of cement producers (ASI) attributed the decline to tighter bank liquidity and weak purchasing power of the people. ASI general chairman Urip Timuryono said property developers are in difficulty to secure fund to build their projects with the tight bank liquidity. Falling prices of farm commodities like palm oil and rubber have weakened the purchasing power of the peo... |
“Ferro cement, ideal for low cost construction in developing countries”13 February 2009, Published under Cement News“Ferro cement, ideal for low cost construction in developing countries” Ferro cement, a composite material using cement, sand, water and wire mesh or galvanised steel rods, is an ideal technology for low cost construction in developing and under developed countries as well as rich countries like Singapore. It has been widely used by the Singapore government, according to National University of Singapore Professor P Paramasivam. He was addressing ‘Classy Civilosium’09,’ a national-level stu... |
Egyptian subsidiary of Titan cement gets OK for new output line13 February 2009, Published under Cement NewsAn Egyptian subsidiary of Titan Cement Co. of Greece, Beni Suef Cement, has received the green light from regulators in the Middle Eastern country to launch a new production line with a capacity of 1.5Mta. The cost of the new facility is estimated at around one billion Egyptian pounds (€139.5m). Titan and Lafarge, the world’s largest cement group, acquired Beni Suef Cement and Alexandria Portland Cement in 1999. In 2008, Lafarge reported selling its half in the holding to Titan. Titan’s E... |
Nigeria: FG Urges Naccima to promote Non-Oil export and to bring down the price of cement13 February 2009, Published under Cement NewsThe Federal Government has reiterated its commitment to shift its attention from the exportation of only petroleum products. It believes it could earn more foreign exchange by exporting non-oil products. The Honourable Minister of Commerce and Industry, Chief Achike Udenwa told a delegation of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) led by its National President, Dr Simon Okolo that Nigeria now wants to sell finished and semi-finished indu... |
India: cement sector on a sound footing, grows at 7.56 per cent13 February 2009, Published under Cement NewsIn spite of a slowdown in construction activity, domestic cement despatches have registered a healthy growth of 7.56 per cent during the April-January period on the back of factors like individual housing activity, replacement requirement and Commonwealth games related construction. This growth is better than the projected gross domestic product (GDP) growth of 7.1 per cent for the current fiscal. For January, the growth stood at 8.25 per cent, which is better than the April-January average.... |
Nigeria: SENEC moves to reacquire NIGERCEM13 February 2009, Published under Cement NewsThe South-East Nigeria Economic Commission (SENEC) has indicated interest and indeed on fast move to re-posses the collapsed Nigeria’s Premier Cement factory, NIGERCEM at Nkalagu, Ebonyi state. SENEC move followed the failure of NIGERCEM’s present core investor, Eastern Bulkcem Company Limited (EBCL) to put the factory back to life, seven years after the Bureau for Public Enterprises (BPE) sold it to EBCL, who professionally are only baggers of cement in Port-Harcourt. Confirming SENEC’s ... |
Vietnam plans to invest US$9bn into industrial projects in 200913 February 2009, Published under Cement NewsThe Vietnamese Ministry of Industry and Trade plans to increase 12.3 per cent of investments for industrial projects to VND153.186trn (over US$9bn) this year with a focus on exports-oriented sectors. The cash will be used to fund energy, oil refining, coal mining, steel ingots and sheets, fertilizer, paper pulp, and material production projects, the MOIT was quoted the military-run Quan Doi Nhan Dan newspaper and Vietnam News Agency as saying. The MOIT unveiled the plans after Vietnam’s ex... |