Cement News tagged under: international
US cement consumption down through October 200813 January 2009, Published under Cement NewsAccording to the USGS (U.S. Geological Survey) cement consumption declined 14.1% during the first 10 months of 2008 compared to the same period in 2007. All regions have experienced declines from 2007. Cement consumption will be slower for the balance of 2008 due to weak construction spending overall. Of the nine regions, five have declines above the national average: East North Central, East South Central, Mountain, Pacific and South Atlantic. The region with the largest decline in the fir... |
Dangote commissions EIA study for export terminal12 January 2009, Published under Cement NewsDangote Industries Limited has commissioned experts to undertake an environmental impact assessment (EIA) study of the construction of a cement export terminal at Mtwara Port. Africa Century 4 Development Limited (AC4D) of Dar es Salaam has been appointed for the job. It will undertake a study of the impact of the project on the existing environment, social and economic set-up as per the Tanzania Environmental Management Act No.20 of 2004. The same study will be conducted on the intended... |
Philippines hope of rebound this year on massive govt infra spending12 January 2009, Published under Cement NewsPlans for massive infrastructure spending to stimulate the economy in 2009 have given hope for the beleaguered cement industry to make a rebound this year and achieve a modest two-per cent growth. Ernesto Ordonez, president of the Cement Manufacturers Association of the Philippines (Cemap), told the BusinessMirror that indications point to a negative growth in 2008 for the industry, just a year after it posted a strong 11-per cent expansion with sales of 13.1Mt in 2007. This year, even wit... |
Lafarge sees larger pie from India12 January 2009, Published under Cement NewsLafarge has said that the contribution of emerging markets such as India to its bottomline may be bigger in two years than previously estimated. "The share of growing markets such as India, China, Africa and Brazil in our overall earnings and sales will go up. The share of India, which currently accounts for 2% of our global revenues, will definitely grow more than other countries’ in the next two years," Bruno Lafont, chairman and CEO, Lafarge, told ET. The company had previously estimate... |
Burnpur board approves unification of two phases at Patratu12 January 2009, Published under Cement NewsBurnpur Cement has announced that the board of directors has given ’in principal approval’ for combining the phase I and phase II of the project at Patratu, in the meeting held on Jan. 10, 2009, considering the market potential, specially in eastern part of the country and for other technical reasons. The approval for combining the phase I and phase II of the project at Patratu is subject to availability of fund to finance the enhanced cost of the project and the combined capacity of cement... |
Four projects approved, Vietnam12 January 2009, Published under Cement NewsIt is reported that Vietnamese ministry of construction has proposed to the government to approve four cement projects with a combined capacity of 2,500tpd of clinker. The four projects will be added to Vietnam Cement Industry Development Plan until 2010 and vision to 2020. The 4 projects are Xuan Thanh Cement Plant of Xuan Thanh Construction Investment and Development Co in Ha Nam province’s Thanh Nghi Commune, Tan Tao Cement Plan invested by Tan Rao Industrial Investment JSC in Ha Nam’s T... |
Malaysia: analysts mixed on cement price outlook this year12 January 2009, Published under Cement NewsAlthough major construction material costs in Malaysia have come down recently, analysts are mixed on the outlook for the price of cement this year. An analyst said that theoretically, the cement price in 2009 should increase given that the prices of coal and electricity, which are vital for cement production, would be higher than last year. "But we expect cement price to remain the same this year, as the global economic uncertainty and external factors were pressuring the local manufactur... |
India cement cos expected to perform better in Q312 January 2009, Published under Cement NewsThe 206.46Mt cement industry is expected to post better financial performance in the third quarter of FY09 ending December 2008, as compared to the two previous quarters, say experts. Driven by strong revival in dispatches in the last two months, cement volumes are estimated to have grown by 8.8% year on year (YoY) to 44.1Mt in Q3 FY09 against 40.8Mt in Q3 FY08. According to analysts, on a quarter on quarter (QoQ) basis, cement companies are expected to register a 8.6% volume growth in the... |
Preparations begin for cement factory, Indonesia09 January 2009, Published under Cement NewsConstruction is due to start on the planned cement factory in Sukolilo district, Pati regency, after Central Java Governor Bibit Waluyo said the environmental impact analysis (Amdal) report has been issued. Bibit said Tuesday that the Amdal report was issued by the Environmental Research Center at the Diponegoro University. The cement factory will be built by state-owned cement maker PT Semen Gresik. "If the Amdal report says it (the plan) is feasible, then there is no problem with the pla... |
Industry grinds to halt as gas runs short09 January 2009, Published under Cement NewsThe impact of the Russia-Ukraine gas crisis on industry grew yesterday, as energy-intensive manufacturers - from cars to cement and steel - slowed or even shut down production. The ill-effects were felt most keenly in south-eastern Europe, with countries such as Slovakia and Bulgaria badly affected by the dispute. Poland faced minor disruption and developed countries such as Austria, Italy and Germany reported no impact on industry. In Bulgaria, which relies exclusively on Russian gas, Ser... |