Cement News tagged under: international
Sri Lanka to call tenders for Jaffna cement plant11 September 2008, Published under Cement NewsSri Lanka is likely to call open tenders to revive a dis-used cement plant in the Northern Jaffna peninsular instead of giving the concession through an unsolicited process, highly placed government sources said. Sri Lanka’s construction minister Rajitha Senerathne has been promoting India’s Adithya Birla group to take-over a plant. Jaffna has two state-controlled plants. One of them, which is less damaged, belongs to Lanka Cement, a listed firm, which is still state-controlled. Another p... |
China’s demand growth rate to slow11 September 2008, Published under Cement NewsChina’s cement demand will keep a slow growth rate in the next few years, according to Lei Qianzhi, chairman of China Cement Association (CCA). The nominal growth rate of China’s fixed assets investment was 27.3 per cent in July, up 0.7 per cent year on year. However, excluding price increases, it posted a lower real growth rate. The total output of cement in China increased by 8.3 per cent to 767Mt in July, down 9.4 per cent from the previous month. According to CCA, Southeast China, Ea... |
Brazil’s cement sales grow 8% August on year10 September 2008, Published under Cement NewsBrazil’s domestic cement sales grew 8% in August from the same month last year, to 4.604Mt according to figures out Tuesday from the National Cement Industry Association (Snic). Over January-August there was a 15% increase compared with the same period last year, to 33.297Mt. Over the 12 months to the end of August there was 14.3% growth to 49.1Mt. |
Prospecting licences for 12 cement plants, Madhya Pradesh, India10 September 2008, Published under Cement NewsProspecting licences have been issued to 12 companies for setting up cement plants in Madhya Pradesh to raise manufacturing capacity per year by 10.70Mt from 18.90Mt at present. During the last four investors’ meets, organised during the BJP regime, as many as 38 Memoranda of Understanding (MoU) involving an investment of Rs 73,000 crore in the cement sector had been signed. In 2002-03, cement production in the state stood at 15.39 million tonnes (MT), official sources said. The companie... |
Holcim new investment in Romania10 September 2008, Published under Cement NewsHolcim Romania Co. invested EUR35m, in 2007, in the upgrading of a cement mill in Turda, center of Romania, and over EUR95m, in that at Alesd, general manager Holcim Romania Markus Wirth told. “Holcim Romania invested, over 1997-2007, more than 513 million euros in all the production units and in all segments - cement, concrete and aggregates. The company continues to invest this year as well, over 135 million euros in some projects in re-engineering, environment protection, business devel... |
Dangote to invest $250m in Ethiopian cement industry10 September 2008, Published under Cement NewsPresident of Dangote Group, Alhaji Aliko Dangote, has announced plans to invest over $250m in the cement industry in Ethiopia, according to media reports in Addis Ababa, Ethiopia, on Tuesday. According to local media reports, Dangote under his company, Dangote Industries Ltd., had taken investment licence during the past months from the Ethiopian Investment Agency. Accordingly, his company will soon start construction work in the Oromia regional state of Ethiopia, which is known for its ma... |
India: cement firms to cut logistic costs09 September 2008, Published under Cement NewsThe domestic cement industry is making continuous efforts to cut its logistic costs. At a time when the industry is entering into the downside of the cycle, with profit margins coming down to 20-25 per cent from 35-40 per cent, better management of logistics could prove beneficial to the cement manufacturers. Using more railway routes than roads, shrinking lead distance (distance between the manufacturing facility and market) and opting for sea-routes wherever possible are some of the ways ... |
Bahrain cement crisis set to ease09 September 2008, Published under Cement NewsBahrain will import 300,000t of cement soon to help overcome a crunch facing the construction sector. "Bahrain National Cement Company has signed a six-month renewable contract with a Spanish firm", the Industry and Commerce Ministry said yesterday. A credit line has already been secured to ensure transaction financing. "Under the deal, Bahrain will be supplied with 50,000t monthly at preferential prices," BNCC administrative director Mohsen Ala’ali said. |
Cement workers protest to save jobs, Iraq09 September 2008, Published under Cement NewsFollowing communiqués and correspondence, workers and their union, the Iraqi Kurdistan Workers Syndicate Union (IKWSU), took to the streets of Sulimanyya on 28 August in peaceful protest. Cement workers and their union were demonstrating against the sudden decision to close the Taslooja cement plant and the regional authority’s decision to transfer jobs to far-off locations at reduced pay. They also protested the withholding of past salaries that have gone unpaid. The demonstrators marched... |
New terminal opened in Kaliningrad Sea Port09 September 2008, Published under Cement NewsHeidelbergCement has commissioned a cement terminal worth €7m at the Kaliningrad port on the Baltic Sea. The Kaliningrad Cement terminal is designed to unload cement from vessels, and to store and transfer cement to motor transport. The terminal’s capacity makes it possible to tranship around 200,000tpa of cement at the first stage. |