Cement News tagged under: international
Russia’s Millhouse to build RBL12bn cement plant in Perm Region30 September 2008, Published under Cement NewsRussian company Millhouse, which is controlled by Russian tycoon Roman Abramovich, plans to build a RBL12.25bn cement plant in the Perm Region, the regional government said in a report obtained by Prime-Tass Monday. The company plans to build the plant by 2011. The annual production capacity of the plant is projected at 2Mta of cement. Investments in the project are expected to be recouped within five years. Another company called the Urals Non-metallic Construction Company (Uralskaya nerud... |
Sri Lanka Northern Cement plant eyed by India’s Ramco30 September 2008, Published under Cement NewsIndia’s Madras Cements has joined the fray to revive a defunct cement plant in northern Sri Lanka, which government officials say can be done only after the military captures Tamil Tiger strongholds in the region. Madras Cements, part of the Ramco Group, a well known business group in South India, has submitted a proposal to revive the Kankesanturai plant to the Industrial Development Ministry, officials said. Ramco group officials have visited the island twice and also made a site visit o... |
Cement producer Adana Cimento may sell out four per cent stake in Oyak Beton30 September 2008, Published under Cement NewsCement producer Adana Cimento informs that it decided to start talks with the military pension fund Oyak, cement companies Bolu Cimento and Unye Cimento regarding the sale of its four per cent stake in the ready-mixed concrete firm Oyak Beton. Adana Cimento currently holds a total of 21.6 per cent stake in the company while Oyak, Bolu Cimento and Unye Cimento are other shareholders. |
Bolivia cement production up 19.3 per cent30 September 2008, Published under Cement NewsProduction of cement of Bolivia increased 19,3 per cent between January and July 2008 when compared to same period in 2007. The figure represents an increase of 177.039t when compared to the Jan-July 2007 period. According to the statistics institute, the expansion was driven by increased production in the plants located in La Paz, Oruro and Chuquisaca. During the period, production of cement in La Paz increased in 91.395t (+0.45 per cent) meaning 27.32 per cent of total production. Chuqui... |
More jobs likely to go at cement works30 September 2008, Published under Cement NewsA further 14 workers at Castle Cement in Ketton have been told their jobs are "at risk", it has been revealed today. Last week the factory announced it had informed 35 people they face the prospect of redundancy after launching a 30-day consultation period. The firm blamed the credit crunch for creating a declining demand for cement. But it has since been revealed 49 members of staff in Ketton are actually in danger of losing their jobs, taking on board another 14 distribution workers whic... |
New PPC W Cape Cement factory30 September 2008, Published under Cement NewsPPC has released a final Environmental Impact Report, the next step in a process that could see it invest more than R4bn in a new cement factory with a capacity of around 1.3Mta to both replace and expand its aging plant at Riebeeck in the Western Cape. The existing plant which dates back to 1959, produces around 550 000t of cement a year and is reaching the end of its economic life. Orrie Fenn, PPC’s Chief Operating Officer, says that with the strong growth in South African cement demand,... |
Chinfon launches US$161m cement production line30 September 2008, Published under Cement NewsTaiwanese Chinfon Cement Corporation yesterday 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 9000t, and annual cement output will be able to reach 3.5Mt. Speaking at the opening ceremony, chairman of Hai Phong People’s Committee Trinh Quang Su said he hoped that the second production line would make active contribution to city’s industrial... |
Nigeria’s Federal Government makes N5.44bn from sale of cement companies30 September 2008, Published under Cement NewsThe Federal Government realised the sum of N5.44bn from the sale of its interests in various cement manufacturing companies in the country, according to a document obtained by our correspondent. The document, prepared by the Bureau of Public Enterprises, showed that the Federal Government realised N918.32m from the sale of Benue Cement Company Plc, the first to be sold. A total of 96.18 per cent equity of the company was sold to Dangote Industries Limited in May 2000. Although the sale of... |
Romania: cement heavyweights set to invest30 September 2008, Published under Cement NewsHaving entered the domestic market by acquiring plants built before 1989, the world’s main cement producers are carrying out the first greenfield projects, after being “forced” by rising consumption and by reaching full production capacities at current plants, Ziarul financiar daily reads on September 22. Two of the industry’s heavyweights, HeidelbergCement and Holcim, have talked about investing in production capacities built from scratch for the first time this month, with the projects ... |
Malaysia: slight rise in demand for cement this year30 September 2008, Published under Cement NewsDemand has been stagnant since 2003, says the Cement & Concrete Association of Malaysia association (C&CA). The C&CA expects domestic cement demand to grow marginally by 3-5 per cent to about 16.33Mt this year versus 15.86Mt in 2007 due to a lacklustre construction industry. Chairman Tan Sri A. Razak Ramli said cement demand had remained stagnant at 15 to 16Mta since 2003. “Despite an encouraging growth in the first half of the year, we will only see a relatively small growth in demand th... |