Cement News tagged under: international
Semen Gresik to increase cement exports in 200903 January 2009, Published under Cement NewsIndonesia’s state-owned cement maker PT Semen Gresik is planning to increase its export volume despite the economic crisis in 2009, the company`s president director, Dwi Soetjipto, said to local reporters. He noted that the company`s export volume in 2007 stood at 500,000t but hoped the volume would increase to 1Mt in 2009. Seotjipto said Semen Gresik was not able to meet demand for cement overseas in 2008 because domestic demand was also high and allthough domestic demand at home is expec... |
Sinoma inaugurates new dry-process cement plant in Gansu03 January 2009, Published under Cement NewsChina National Materials Group Corp (Sinoma), the largest cement-making equipment producer in the country, started construction of a new dry-process cement plant in Baiyin, Gansu province on Dec. 29, sources reported. The Baiyin project, involving investment of around RMB 600m (US$87.61m) in total, is expected to produce 4,500tpd of cement and 2Mt of cement a year. Upon completion of the project, 900,000 tons of industrial residues including pulverized fuel ash, copper ore slag and hydro... |
Residents against proposed cement plant, Malaysia03 January 2009, Published under Cement NewsDespite assurances that a proposed cement plant in Malim Nawar, Perak, would not emit much dust, residents of the new village and its neighbouring villages are adamant against its construction. Their representative Chai Foo Choy, 52, said the factory would be a health hazard that would affect the livelihood of farmers and livestock herders. He said the villagers were not convinced that the cement plant, to be built using new technology, would emit less dust. "The dust emitted from the cem... |
Residents against proposed cement plant, Malaysia03 January 2009, Published under Cement NewsDespite assurances that a proposed cement plant in Malim Nawar, Perak, would not emit much dust, residents of the new village and its neighbouring villages are adamant against its construction. Their representative Chai Foo Choy, 52, said the factory would be a health hazard that would affect the livelihood of farmers and livestock herders. He said the villagers were not convinced that the cement plant, to be built using new technology, would emit less dust. "The dust emitted from the cem... |
Holcim Philipppines 2008 review, 2009 outlook03 January 2009, Published under Cement NewsIn terms the economic slowdown most countries are experiencing, the Philippines, has not been as hard hit as other economies like the United States and Japan. But most economists and policymakers feel that the full brunt of the global financial crisis will hurt the country in 2009. How will companies cope? The Philippine Daily Inquirer asked a number of CEOs and top executives this question. According to Ian Thackwray, COO of Holcim Phils. Inc: "It is clear that our 2008 profitability is dow... |
Iran’s Cement Industry Reaches Self-Sufficiency30 December 2008, Published under Cement NewsIran is now self-sufficient not only in cement production but also in constructing and commissioning cement factories, Industries and Mines Minister Ali Akbar Mehrabian said. He made the remarks in a ceremony on Sunday to inaugurate the second production line of Hegmataneh Cement Plant in the city of Razan, Hamedan Province. Ali Akbar Mehrabian added that the project will increase the annual domestic cement output to 55 million tonnes, MNA reported. He also predicted that by the end of the ... |
Sinoma establishes US$88m cement plant in Gansu30 December 2008, Published under Cement NewsChina National Materials Group Corporation (Sinoma), China’s largest cement-making equipment producer, inaugurated a new dry-process cement plant in Baiyin, Gansu province on Dec 29. With a total investment of 600 million yuan ($87.61 million), the plant is designed to produce 4,500 tons of cement daily and 2 million tons of high-mark quality cement annually. When the plant comes into operation, it will also consume 900,000 tons of industrial residues like pulverized fuel ash, ... |
Dangote makes N30bn currency gain in suspended cement deal30 December 2008, Published under Cement NewsNigerian news sources note that it may not all be bad news for Nigerian conglomerate, Dangote Group, following a December 12 announcement that it was suspending parts of its multi-billion dollars investments in new cement plants in Nigeria and Senegal. Details now obtained by BusinessDay show the group is in line for a possible rich picking of some N30 billion in foreign exchange gains on account of the recent fall in the value of the Nigerian Naira against the dollar, on which the de... |
Cemex US markets under pressure in 200930 December 2008, Published under Cement NewsCemex could face more price declines in 2009 in the US, as lower-cost cement imports erode profit in the Mexican company’s largest market, weighing on efforts to reduce its $16.4 billion debt burden, according to a new Bloomberg report. Falling shipping costs may mean cheaper imported cement, reversing a trend where higher shipping expenses helped sustain U.S. prices until late June, said Mike Betts a UK-based JPMorgan analyst. The industry potentially also faces more of an import... |
ACC alternative fuel business soars29 December 2008, Published under Cement NewsACC Ltd, the largest cement manufacturer in India, has seen its alternative fuels and raw materials (AFR) business, grow at more than 20 per cent this year. The company, which was looking at petcoke and biomass as alternative fuel and raw material, had earlier told reporters that it expects to add about Rs 50 crore to Rs 100 crore to its bottomline every year in the next 2-3 years for this new initiative. However, ACC’s plans to include this business into its books have be... |