Cement News tagged under: international
GBL Owns 20.04% Of Lafarge Shares09 September 2008, Published under Cement NewsBelgian Financier Albert Frere’s holding company, Groupe Bruxelles Lambert, owns 20.04% of Lafarge, according to filings Monday with French stock exchange regulator Autorite des Marches Financiers. GBL said that it isn’t acting in concert with other shareholders and that it doesn’t intend to take over the company, according to the filing. Also, the Belgian group told the AMF it won’t seek to appoint more board members than the three it has already appointed. Lafarge declined to commen... |
Cementos Bío Bío shuts down concrete plant09 September 2008, Published under Cement NewsChilean investment group Invesa Briones’ cement producer Cementos Bío Bío has shut down a concrete plant in capital Santiago due to operational cost increases, local paper El Mercurio reported. The firm decided to close the plant called Ready Mix Lira mainly due to hikes in fuel and electricity costs. The facility was one of the company’s seven plants in Santiago. Cementos Bío Bío "has absorbed a strong increase in costs and has been unable to pass that onto the market, as in the case of... |
Society suggests new site for cement plant09 September 2008, Published under Cement NewsThe Waiareka Valley Society has made concessions over a proposed cement plant near Weston, but still opposes it being built in the Waiareka Valley. Instead, the society is suggesting the cement plant be built in an industrial zone, in North Otago, and raw materials be transported to it. The society has not lodged appeals with the Environment Court over OnTrack reopening the Waiareka to Weston branch railway line _ vital to Holcim’s proposed $400 million cement plant _ or over Holcim quar... |
Niger cement factory to supply sub region08 September 2008, Published under Cement NewsThe African solidarity fund (ASF) granted a CFA5bn bank guarantee to Les Ciments du Golf (SCG-Benin) company in Niger to build a sub regional cement production factory, the ASF headquarters said Friday in Niamey. The ASF guarantee covers a CFA3bn loan incurred by SCG from the ECOWAS Investment and Development Bank (BIDC) and another CFA2bn loan from Beninese commercial banks. Over CF 30bn is needed for the implementation of this project. According to the chairman of the SCG board of direc... |
Algeria suffers a deficit of 3Mt08 September 2008, Published under Cement NewsThe head of the commerce and industrial chamber, Brahim Ben Djaber has called on the realisation of Algerian cement groups financed locally, with State participation in the limits of 15 per cent. He indicated that the cement market in Algeria suffers from a deficit of more than 3Mt. This deficit will persist, even with the launching of the Iranian group, which is expected producing 1Mt. Ben Djaber revealed to El Khabar that the public production of cement is currently estimated to 11.5Mt. Y... |
Labuan’s cement shortage to be addressed, Malaysia08 September 2008, Published under Cement NewsThe Domestic Trade and Consumer Affairs Ministry has given its assurance that the shortage of cement here will be resolved soon. Its deputy director, Aslani Dabi, said on Saturday contractors should not be unduly worried about the shortage as the ministry had been getting additional supply of cement from Cement Manufacturer of Sarawak over the last few weeks. He also said the Cement Industries Sabah (CIS), the main supplier for Sabah and Labuan, had been asked to look into the matter. Lab... |
BUA Cement 1 Begins Production, Nigeria08 September 2008, Published under Cement NewsIn its continuous bid to support government vision to become self-sufficient in cement production, BUA Cement I; a Floating Cement Terminal, acquired recently by BUA International Limited has commenced the production and delivery of quality cement in Lagos. Announcing the commencement of a hitch-free operation in Lagos, the Chairman & Chief Executive Officer, Abdulsalmad Isiaku Rabiu, disclosed that BUA group decided to introduce a Floating cement terminal named "BUA cement I" because it ta... |
Iran: cement output up08 September 2008, Published under Cement NewsThe Ministry of Industries and Mines said the country produced 19.7Mt of cement in the first five months of the current Iranian year (started March 20) showing a 21.5-per cent growth over the same period in 2007. During July 22 to Aug. 21, the country produced 4.4Mt of cement, indicating a 25.4 per cent rise when compared to the figure of the corresponding period of last year, Mehr News Agency reported. Cement production stood at 97.5 per cent of its nominal capacity in the first five mont... |
Vietnam: cement supply will meet demand08 September 2008, Published under Cement NewsThe cement supply is more than enough to meet demand in the coming months, according to the Ministry of Construction. Domestic producers’ cement output in the first eight months of the year reached 26.2Mt, while demand is only 25.7Mt. Cement reserves are currently at around 430,000t. The county imported 2,530t of clinker in the first eight months of the year. |
Indonesian Padang to build new factory08 September 2008, Published under Cement NewsCement maker PT Semen Padang in Indonesia’s West Sumatra, said it will build a new factory with an annual production capacity of 2.5Mt early next year. The subsidiary of state-owned cement producer PT Semen Gresik planned the new factory to cope with possible shortage in cement supply in the country in 2010, its finance director Eprilyono Budi said. The company has expanded its lime stone mining concession by 412 hectares in nearby village of Indarung to guarantee basic material suppl... |