Cement News tagged under: international
Iranian firm to build factory in Iraq02 October 2008, Published under Cement NewsAn Iranian firm has been offered an investment license to build a cement factory in southern Iraq by provincial authorities in Thi-Qar. "The Thi-Qar Investment Board has given a UAE-based Iranian firm an investment license to build a cement factory in the province, "Mohamed Aziz al-Hindawi, Marketing Director for Thi-Qar Investment Board, told Aswat al-Iraq news agency. According to a press tv report, Hindawi did not provide additional information on the cost of the project or its likely s... |
Chinfon launches US$161m production line in Vietnam02 October 2008, Published under Cement NewsTaiwanese Chinfon Cement Corporation on September 29 opened the second production line of cement in Hai Phong with the total investment capital of approximately US$161.7m. After the completion of the second production line, daily clinker yield will be 9,000 tonnes, and annual cement output will be able to reach 3.5 million tonnes. Speaking at the opening ceremony, chairman of Hai Phong Peoples Committee Trinh Quang Su said he hoped that the second production line would make active contribu... |
Six shortlisted in Cemex Australia unit sale02 October 2008, Published under Cement NewsAt least six bidders have been shortlisted for a potential sale of Cemex’s Humes business in Australia, including private equity funds and trade buyers, two sources familiar with the process told Reuters on Wednesday. Those shortlisted include New Zealand-based Fletcher Building Ltd and Australian private equity fund Catalyst Investment Partners. Australian building products maker Boral Ltd and private equity fund Archer Capital could also be on the shortlist, analysts say. A Fletcher Buil... |
Zabaikalcement to build RBL5.9bn cement plant in Zabaikalsky Reg01 October 2008, Published under Cement NewsRussia’s Zabaikalcement will be the major investor in the construction of a RBL5.9bn cement plant in the Zabaikalsky Region, the company’s CEO Oleg Kikovets said at a presentation of the project Tuesday. The completion of the construction is planned for 2010. The capacity of the plant will be 1.3Mta of cement. |
Iran/Iraq: Iranian firm to build factory in Iraq01 October 2008, Published under Cement NewsAn Iranian firm has been offered an investment license to build a cement factory in southern Iraq by provincial authorities in Thi-Qar. The Thi-Qar Investment Board has given a UAE-based Iranian firm an investment license to build a cement factory in the province, Mohamed Aziz al-Hindawi, Marketing Director for Thi-Qar Investment Board, told Aswat al-Iraq news agency. The factory will be able to produce 3000tpd of cement. Hindawi did not provide additional information on the cost of the pr... |
Sri Lanka: over 2Mt of Ital cement sold locally01 October 2008, Published under Cement NewsThe Italcementi Group, one of the largest private cement producers in the world; in fact the fifth largest, completed 10 years of operations in Sri Lanka. The Italcementi Group, one of the largest private cement producers in the world; in fact the fifth largest, completed 10 years of operations in Sri Lanka, having sold over 2Mt of cement during this period. The Italcementi Group commenced operations in Sri Lanka in April 1998 as a BOI company with the objective of introducing advanced con... |
Leading cement producer Ambuja Cements plans to invest nearly INR1600 crore in the captive power generation,01 October 2008, Published under Cement NewsLeading cement producer Ambuja Cements plans to invest nearly INR1600 crore in the captive power generation, which would have a capacity of 200 MW by 2010. "We plan 200MW electricity generation capacity from our captive power plants in three years time," a company official told reporters here on a site visit. "We hope to have captive power plants attached to all our manufacturing units across the country," he added. Ambuja Cements has 11 cement plants, out of which four units have captive... |
Russia cement prices seen falling 33 per cent, June-Nov01 October 2008, Published under Cement NewsRussia’s largest cement maker, Eurocement, is cutting back production and manpower at most of its factories as prices are set to fall another 10 per cent by the end of November, the company said on Tuesday. Russian cement prices dropped 23 per cent during the summer months after import tariffs were lifted and suppliers from Turkey and China began flooding the market. Slackening demand is also pushing down prices, as the global financial crisis cuts off long-term funding for major constructi... |
Developers to Invest US$4bn in industrial sector of Leningrad region01 October 2008, Published under Cement NewsDevelopers will invest at least US$4bn in the industrial sector of the Leningrad Region by 2011. At present, over 40 enterprises worth as much as US$100m each are being built in the region. Before the end of 2008, a subsidiary of the LSR Group will complete a cement plant in the Slantsy District with a capacity of 2Mt, and EuroAeroBeton, a company set up by the Triada-LTD developer and Evrofinans Mosnarbank, will commission a plant to produce aerated concrete in Volosovo (400,000m3 pa) and... |
Thailand’s Cement industry: hitting a headwind01 October 2008, Published under Cement NewsLacking local construction activity, domestic cement demand contracted five per cent in 2007 and another 6.9 per cent in 7M08, and is anticipated to drop further in 4Q08. There are several reasons why further decline is expected. First, a weak Business Sentiment Index (BSI) signals sluggish construction activities. Second, the current flooding will further weigh on cement demand in the quarter. Finally, the investment expenditure in the government’s 2009 budget will not be enough to offset ... |