Cement News tagged under: international
China cement output Jan-Sept ’0819 December 2008, Published under Cement NewsChina Knowledge reported that China’s cement output in January to September 2008 amounted to 1.27bn tonnes up by 2.8% YoY. China’s ministry indicates the cement output growth has shown signs of deceleration since September due to the deteriorating global financial crisis and the economic slowdown in the country. According to statistics, the aggregated turnover of all cement makers of designated size and above in China reached CNY 456.8 billion during the period representing a YoY growth of... |
Realtors hope govt will help in revival of demand19 December 2008, Published under Cement NewsThe Indian Union government’s recently announced stimulus package, coupled with the Reserve Bank of India’s (RBI) move allowing banks to provide special treatment to the real estate sector are likely to change the fortunes of Indian real estate sector, which has been struggling to survive for the past six months. Monday’s interest rate cut on housing loans up to Rs 20 lakh could further improve the sentiment, industry officials said. "It’s a good beginning. At last, government has recognis... |
Qatar cement update19 December 2008, Published under Cement NewsGulf Times reported that Qatar’s construction industry is now well supplied with cement, sand, steel and other materials even as prospects remain bright for lower commodity prices in 2009. Relaxation in import procedures, production boost and slackening demand globally because of the economic downturn have been cited as major reasons for the stable supply of construction materials in the local market. Industry sources said that adequate quantities of cement were now available with the coun... |
Pakistan exports increased 72%, July-November 200819 December 2008, Published under Cement NewsCement exports from Pakistan continued to show increasing trend, rising by a considerable 72 per cent YoY in 5 months FY09 amounting to 4.5Mt. This increase has changed the sales composition, as exports now comprise 36 per cent of the total dispatches. Exports performance can be attributed to depreciating rupee, and global demand-supply gap. However, exports declined by four per cent MoM in November 2008. Exports are expected to register decelerating growth, as the global economic slowdown... |
Thang Long Cement becomes operational, Vietnam18 December 2008, Published under Cement NewsThang Long cement plant,will be operational today [December 18] in northern Quang Ninh province, the An Ninh Thu Do newspaper reported. The cement plant, invested by Thang Long Cement Joint Stock Company with VND5.43 trillion ($329.15 million), is capable of producing 6,000pd tons of clinker. Currently, the company is investing in the second production with the same capacity and will also build the third line in the near future. |
Habesha Cement wins limestone exploration license18 December 2008, Published under Cement NewsHabesha Cement Share Co. won the right to explore for limestone in the West Shoa zone of Ethiopia’s central Oromiya Regional state, the Ethiopian News Agency said. The company will use the limestone to supply a US$121m cement factory with an annual production capacity of 1.2Mt, the state-run Addis-Ababa based news agency said. |
Colombia’s Antitrust Watchdog levies fines18 December 2008, Published under Cement NewsThe Colombian anti-trust watchdog fined the country’s three largest cement makers with COP923m ($424,000) each for fixing prices in the second half of 2005, the regulator said Wednesday in a statement. The anti-trust regulator fined Colombia’s largest cement maker Cementos Argos, and the local units of Cemex SA and Holcim Ltd. "The fines are the result of an investigation that showed that during the second half of 2005, the cited companies participated in an agreement to fix prices of Gray... |
Project update: Ciments du Maroc Ait Baha plant18 December 2008, Published under Cement NewsWork is in progress in south Morocco for the Italcementi Group subsidiary Ciments du Maroc. The landscape around the new Ait Baha plant of has dramatically changed. Construction of all the main structures is almost finished within the scheduled timeframe for the new plant that will replace the one located in Agadir, operating since 1952. So far, 30% of all civil engineering works have been completed. Also road works and connections to the electric power line and to the telecom lines are n... |
ACC temporary plant closure update18 December 2008, Published under Cement NewsBusiness Standard reported that ACC has become the first victim in the domestic cement industry to shut one of its plants in Himachal Pradesh for 15 days effective from Tuesday. The decision has come within a month of ACC Concrete laying off 25% of its employees. The capacity of the plant at Gagal- II is 4800tpd and on an annual basis it is 2.4Mt. It has another plant as Gagal- I with a capacity of 2Mt. Normally, cement makers shut their units during monsoon season for around 2 to 3 weeks ... |
China production slower growth in Jan.-Nov period17 December 2008, Published under Cement NewsChina’s cement production saw a slower growth at 2.8 per cent YoY to about 1.27bn tonnes in the first 11 months of this year, according to figures released here on Tuesday by the Ministry of Industry and Information Technology (MIIT). Experts attributed the slower growth pace to the adverse effects of the deepening global financial and economic crisis and the slowdown of growth pace of the Chinese economy. Although the growth rate has kept a downward trend since September, the industrial ... |