Cement News tagged under: international
Southern Africa Cement August Sales Decline 7.2%08 September 2008, Published under Cement NewsCement sales in the Southern African Customs Union fell 7.2 per cent in August from a year earlier, the Cement & Concrete Institute said. Sales in South Africa, Lesotho, Botswana, Namibia and Swaziland fell to 1.3Mt from 1.4Mta earlier, the Johannesburg-based institute said. Adjusting for the fact that August this year had one fewer sales day than the year-earlier month the decline would be 2.8 per cent, the institute said. Sales in the region for January through August fell 2.9 per cent ... |
Lafarge, Total to sign Syrian deals05 September 2008, Published under Cement NewsLafarge and major oil company Total will sign deals to boost their activities in Syria in the wake of President Nicolas Sarkozy’s visit, officials and company executives said. The Lafarge deal to set up two cement factories would make the group, the world’s largest cement maker, the biggest foreign investor in Syria, an official travelling with Sarkozy said overnight. "It’s done. It will be signed this month," the official told reporters on condition of anonymity. Total Chief Executive Ch... |
Imports, real estate slide to hit cement prices05 September 2008, Published under Cement NewsCement prices are expected to go down by Rs 2-3 per 50-kg bag in western markets, including Maharashtra and Gujarat, in the next three weeks, dealers and companies said. The construction material is now priced at around Rs 255 and Rs 260 in wholesale and retail markets, respectively. They attributed the imminent price reduction to the weakness in the real estate industry, coupled with the excess capacity being built up due to cheap imports from Pakistan. Prices have witnessed a reduction of... |
Federal government calls for increased local production, Nigeria05 September 2008, Published under Cement NewsThe Federal Government yesterday called on the private sector to increase investments in local production of cement. Minister of Commerce and Industry, Engineer Charles Ugwuh, who fielded questions from reporters during a forum on enterprise zones and industrial clusters in Lagos, said even though government had approved controlled importation of cement to solve the problem of scarcity on a short-term, local production remains the best way out of the current cement crisis. Ugwuh explained t... |
Indian cement majors’ market share to shrink post 201005 September 2008, Published under Cement NewsFour top Indian cement manufacturers – ACC, Ambuja Cement (ACL), Grasim and UltraTech – will see a dip in their market share post 2010, when expanded capacities of all cement manufacturers go on-stream. Experts believe that the total market share of the four majors, which now stands at 39%, will drop to about 34% due to aggressive capacity expansion by other players like India Cements, Shree Cement and Binani, among others. "Moreover, small companies and regional players are also increasing... |
Strabag planning second cement works05 September 2008, Published under Cement NewsThe Austrian-based contractor Strabag is deepening its involvement in the production of building materials and is in negotiations with the local authorities to purchase a 20 hectare site at Anina in the Caras-Severin region of Romania to build a cement plant. The total cost is said to be in the region of EUR250m, of which the land element is believed to represent about Ä20m. If the deal goes ahead, it is likely to provide employment some 300 people and give Romania a fourth cement produc... |
India’s ACC says August cement shipments fall04 September 2008, Published under Cement NewsIndia’s ACC Ltd said on Thursday its cement shipments in August fell to 1.54Mt from 1.57Mt a year earlier. The firm, in which Holcim holds about 41 per cent, said production in August fell to 1.52Mt from 1.6Mt a year ago. |
Pakistan: 57 per cent rise in cement exports in July-August04 September 2008, Published under Cement NewsPakistan’s cement export has registered a growth of 57 per cent and has crossed 1.5Mt mark in the first two months of the current fiscal year due to the rising demand in the Middle East and other regional countries, industry sources said. In view of the growing demand for cement the local cement industry has shown a healthy growth trend and has extended its production capacity from 30Mt to 40Mt, they said. All Pakistan Cement Manufacturers Association (APCMA) statistics show that in August ... |
Indonesian cement consumption up04 September 2008, Published under Cement NewsCement consumption has shot up in Indonesia this year, prompting producers to revise up their sales growth target to 15 per cent this year from six per cent set earlier. Domestic consumption of cement rose 19.4 per cent to 22.31Mt in the first seven months of this year from 18.68Mt in the same period last year, the Association of Cement Producers (ASI) said. The growth might slowed in the last quarter of this year because of the long holidays with the Idul Fitri, Christmas and new year c... |
Star Cement invests in Ras Al Khaimah, UAE03 September 2008, Published under Cement NewsStar Cement is setting up a new production unit in Ras Al Khaimah at a cost of US$150m. The new plant will start operations by the end of the year. "It will be an integrated plant with a production capacity of two million tonnes and will add to the existing capacity of 3.5Mt," said director Hameed Salahuddin. "We are pushing ourselves in the direction of manufacturing," Salahuddin said. Star Cement will also invest $15m and increase its production in Bahrain in an effort to minimise the im... |