Cement News tagged under: international
Cemex to close UK Barrington works04 November 2008, Published under Cement NewsCemex today announced a proposal to stop cement manufacturing at Barrington cement plant in South Cambridgeshire, and is meeting with trade union and employee representatives to discuss the proposals in detail. In total there are 87 employees on the site who are at risk of being made redundant. The proposal to turn off the cement kiln at the plant has been made in a bid to rationalise the company’s cement manufacturing in the UK by transferring a significant proportion of Barrington’s pro... |
Lafarge withdraws from Italy04 November 2008, Published under Cement NewsReducing its debt levels, Lafarge is selling its cement, aggregates and ready-mixed concrete activities in Italy to SACCI, a cement producer in which the Paris-based group at one stage used to hold a 20% interest. Lafarge Adriasebina, the Italian subsidiary of Lafarge operates two integrated cement works with a combined capacity of 1.2Mt one in Lombardy in the north and the other further south, in the Abruzzo region on the Adriatic coast. The downstream operations consist of 13 batchin... |
Proposed Cebu plant given local approval04 November 2008, Published under Cement NewsThe residents of South Poblacion, San Fernando, Philippines have withdrawn their opposition to the proposed construction of a cement plant in their area and signed a manifesto of support for the project. A total of 2,235 residents of the barangay signed the manifesto endorsing the project to the municipal officials and the Department of Environment and Natural Resources. The same group of people has earlier signed a petition vehemently opposing the proposed construction of a cement processi... |
Nigeria: Benue plans new cement company03 November 2008, Published under Cement NewsDespite the teething problems facing the Benue state government-owned Igumale Cement Company in Ado local government area, Governor Gabriel Suswam has laid the foundation stone for another cement plant. Despite the teething problems facing the Benue state government-owned Igumale Cement Company in Ado local government area, Governor Gabriel Suswam has laid the foundation stone for another cement company at Mbatiav near the Benue Cement Company (BCC), Gboko. Speaking at the ceremony, the go... |
Cambodia: Kampot cement plant delayed by crisis03 November 2008, Published under Cement NewsA move to invest US$200m in the Kampot Cement Co that would triple output by the end of 2009 has been temporarily shelved because of the global downturn in financial markets, a company stakeholder told the Post Sunday. "Both my companies and a foreign partner, the Siam Cement Group (SCG) in Thailand, have been affected by fluctuations in world markets, so we have decided to delay expansion of operations in Kampot," said Khaou Phallaboth, president and minority stakeholder of the company. S... |
The cement industry in Romania could disappear03 November 2008, Published under Cement NewsThe cement industry in Romania could disappear if the carbon dioxide emission certificates will have to be purchased by bidding, as producers will have to relocate to other states, Cement industry in Romania could disappear if the carbon dioxide emission certificates will have to be purchased by bidding, as producers will have to relocate to other states, which do not have the mandatory quota of pollution, according to Carpatcement Holding company management. "The challenge will appear in ... |
Ciments Francais calls Turkish deal off03 November 2008, Published under Cement NewsCiments Français has withdrawn from the negotiations to sell its Turkish Set Group operations to OJSC Holding Company Sibirskiy Cement. The company attributed the move to the failure to reach an acceptable solution after several days of negotiations to achieve a new structure with similar terms and conditions. Earlier in the year, Ciments Français’ parent company Italcementi announced the sale of the Turkish operations to Sibirskiy Cement for €600m, consisting of €400m cash and the remaind... |
Qinhuangdao firm to build cement plant in Russia31 October 2008, Published under Cement NewsA business delegation of Hebei’s Qinhuangdao city visited Russia and expressed interests in building a cement plant in Amur Oblast of Russia. According to the spokesman of Amur Oblast, the planned cement plant can produce 1Mt of clinker and 1Mt of cement each year, and it will sell the products to the central areas of Russia. It will need 8-12 months to build the cement plant. |
Birla Corp Q2 net falls 42% on shutdown, costs31 October 2008, Published under Cement NewsBirla Corp Ltd has posted a 42 per cent drop in its July-September net profit due to high input costs, temporary shutdown of a cement plant and floods that affected its key markets. It reported a net profit of INR597m for the quarter, down from INR1.03bn a year ago. Sales were also lower at INR3.71bn as against INR3.93bn a year ago. The operating margins were affected by increase in the cost of inputs such as coal, electricity and freight cost, coupled with lower realisations, the company ... |
Vostokcement halts cement plant project, Russia31 October 2008, Published under Cement NewsVostokcement had to halt the project to build a cement plant in the village of Teploye Ozero in the Jewish Autonomous Region, in Russia’ Far East. Andrei Pushkarev, the company’ first deputy director general, blamed Vostokcement’ problems on the global financial crisis and also on the growth of cement imports to Russia. Vostokcement (headquartered in Vladivostok) manages the assets of enterprises producing various types of cement and promotes their output in Russia and abroad. It is part o... |