Cement News tagged under: international
Cement shortage delays many projects, Qatar27 August 2008, Published under Cement NewsCement continues to be in short supply, a senior official at the Qatar Chamber of Commerce and Industry (QCCI) says he is completely in the dark about the reasons behind the shortage. "We know there is cement shortage but we do not know what is the reason is. Is there shortage because of production problems or because the projects that we have are larger than our cement production capacity would allow," asked Nasser Ahmed Al Meer, QCCI Board Member. Speaking to reporters on the sidelines o... |
Government, Cemex resume negotiations27 August 2008, Published under Cement NewsThe Venezuelan government and Cemex resumed negotiations on August 25 regarding the compensation the firm will receive for the nationalisation of subsidiary Cemex Venezuela’s assets, Venezuelan paper La Hora reported. Although talks have been amiable thus far, the possibility of other avenues of action has not been ruled out, Venezuelan vice president Ramón Carrizalez was quoted as saying in the report. The meeting covered negotiation timelines and subjects for future meetings, among oth... |
Vietnam: Binh Phuoc begins plant work27 August 2008, Published under Cement NewsThe southern province of Binh Phuoc has started work on the An Phu cement plant, with a total investment of VND4.6 trillion (US$278.8m). Located in Binh Long District, the plant will have a designed capacity of 5,000 tonnes of linker per day, and 2Mta of cement. Scheduled to come into operation in early 2011, An Phu plans to provide 2Mt of cement for the southern region’s market per year, while creating more than 400 jobs for provincial workers. |
Cement shortage in Andhra Pradesh may ease, India27 August 2008, Published under Cement NewsAndhra Pradesh, which has been facing shortage of cement for quite some time, is set for some relief as over 6Mt of additional capacity is expected to be added in the next six months, according to industry experts. “The first phase of capacity expansion projects being executed by various companies in the State is expected to be completed by March 2009. While this will bring some immediate relief, the installed cement capacity of the State will be more than doubled in the next four years,” ... |
Rising prices lift earnings outlook for CNBM, China27 August 2008, Published under Cement NewsChina National Building Material (CNBM) expects second-half profit to be boosted by rising cement prices after earnings more than doubled in the first six months amid surging demand. "China National Building Material has enlarged production by acquisitions and cement producers are also benefiting from rebuilding in earthquake-shattered Sichuan province," chairman Song Zhiping said in a statement. The company has planned to spend CNY33.3bn on acquisitions to expand in southern China and t... |
UK: Castle Cement could reopen kiln in October26 August 2008, Published under Cement NewsKetton-based Castle Cement closed the kiln at the end of June, blaming the "current economic climate", and now general manager Gareth Price says that it may be October or November before it is re-started. He said: "The stock position means we are not re-opening the kiln at the moment. "We are looking towards October or November to get the kiln back up and running." Castle Cement produces some 1.4Mt of cement a year and employs about 360 people. |
Bahrain vows fair cement supply26 August 2008, Published under Cement NewsThe construction materials and ready-mix companies in Bahrain will get their fair share of the weekly 25,000t of Saudi cement from Saturday. Industry and Commerce minister Dr Hassan Fakhro and Works Minister Fahmi Al Jowder gave instructions for the cement to be distributed evenly, said a report in the Gulf Daily News, our sister publication. Assistant under-secretary for domestic trade Hamid Rahma and Works Ministry assistant under-secretary for legal affairs Effat Ridha met representativ... |
Ground breaking ceremony for Athi River26 August 2008, Published under Cement NewsPresident Kibaki on Monday presided over the ground breaking ceremony of a new Sh3 billion cement manufacturing plant in Athi River, Kajiado District. Speaking during the inauguration of the National Cement Company Limited, President Kibaki said his Government was encouraging private sector players to invest in cement manufacture so as to ensure availability of the commodity at an affordable cost to the people. “I’m particularly pleased to see that over the last few months we have receiv... |
Portuguese Cimpor interested in Paraguay26 August 2008, Published under Cement NewsPortuguese cement producer Cimpor is keen to step in Paraguay, which it might do via acquiring Paraguayan state-owned cement group Industria Nacional del Cemento (INC) or investing in it, daily La Nacion said on August 22, 2008. According to the Paraguayan daily, which cites Guillermo Alcaraz from local agency for investments and foreign trade Rediex, Cimpor is awaiting for the Government to decide if INC will be privatised. The Paraguayan company is currently facing financial difficulti... |
Uganda: Hima disputed Dura quarries open in October26 August 2008, Published under Cement NewsHima Cement starts mining limestone from Dura in October this year a development that could see the company double its production to 480,000t to meet growing regional demand. Mr Allen T Mate Hima plant manager said recently they were close to completing upgrading the roads, bridges and site offices ready to start quarrying in the area. "But we are treading very carefully in respect to the environmental agreements we signed in this regard" he told Daily Monitor in an interview last week. ... |