Cement News tagged under: international
India: cement prices may increase14 August 2008, Published under Cement NewsCement producers in Indaia are likely to raise prices after an agreed moratorium with the Union government ends on Thursday, as the industry continues to face rising costs of raw materials such as imported coal. “We must increase prices by about Rs15 a bag to recover cost hikes,” Sumit Banerjee, chief executive of India’s largest cement maker ACC Ltd, said by email. “We are discussing with the government, through the Cement Manufacturers Association, to find ways to mitigate the impact of e... |
Saudi cement prices seen easing in 201014 August 2008, Published under Cement NewsCement prices in Saudi Arabia will remain flat for 2008 and most of 2009 but are expected to fall by up to five per cent a year until 2013 on much higher output, a Saudi investment firm said in a report on Wednesday. Annual cement production in the kingdom is expected to rise to 69.9Mt by 2013 from 23.5Mt in 2005, helped by an upgrading of existing current production facilities and the establishment of new companies, Jadwa Investment said. Most of the new plants are expected to operate a... |
Asia Cement plans to double capacity by 201013 August 2008, Published under Cement NewsAsia Cement (China) Holdings Corp plans to more than double its cement production capacity by 2010 to meet strong demand as China rebuilds quake-hit areas, says Chief Executive Tsai Hsiung Chang. Fresh from raising US$238 million in a Hong Kong initial public offering in May, Asia Cement plans to invest US$600m to boost its total cement production capacity to 20Mt from the 8Mt now, Chang told Dow Jones Newswires in a recent interview. Asia Cement, a spinoff from Taiwan’s Asia Cement Cor... |
India July cement shipments up 8.5 per cent YoY13 August 2008, Published under Cement NewsCement shipments in India rose an annual 8.5 per cent in July, compared with the 8.7 percent expansion seen in June, according to data from an industry body. Sales rose to 14.54Mt in July, compared with 13.4Mt a year ago, according to a statement on the Cement Manufacturer’s Association’s website. Production in the month rose 9.6 per cent to 14.7Mt in the month, CMA said. |
Titan’s proposed cement plant, US13 August 2008, Published under Cement NewsTitan America has scheduled three community information workshops to discuss its plans to build a cement plant in Castle Hayne. The intent of the workshops, according to a company news release, is to ‘educate residents about construction plans and provide an opportunity to interact one-on-one with company representatives.’ Titan America, under the guise of subsidiary Carolinas Cement Company, is planning to build a cement plant off Holly Shelter Road in Castle Hayne. The company’s 1,868-acre... |
Iran, Venezuela, to construct cement factories in Bolivia13 August 2008, Published under Cement NewsIran and Venezuela have reached an agreement to construct two cement factories in the South American state of Bolivia. The agreement was made through a letter of understanding signed by Iran’s Charge D’affaires, Hojjatollah Soltani, and Venezuelan Ambassador to Bolivia, Julio Montes Prado, in La Paz. Bolivian President Evo Morales was also present in the inking ceremony. Bolivian deputy minister for small and medium business, Eduardo Peinado, told reporters that, based on the agreement, I... |
Brazil July cement sales rise 25.9 per cent on year to 4.82Mt13 August 2008, Published under Cement NewsCement sales in Brazil rose 25.9% in July compared to the same month last year, to 4.82Mt, according to figures out Tuesday from the National Cement Industry Association (SNIC). From January through July, domestic cement sales rose 16.5% to 28.769Mt on the same period in 2007. In the 12 months through July, sales grew 15.1% to 48.799Mt. SNIC expects domestic cement sales to grow by 12% in 2008 compared with 2007. In June, cement sales in Brazil had increased 13.9% to 4.21Mt. From J... |
Buzzi Unicem H1 up three per cent, sees year just below 200713 August 2008, Published under Cement NewsItalian cement maker Buzzi Unicem reported a three per cent increase in consolidated net profit in the first six months of 2008 and said in a statement on Tuesday year operating results should be just below 2007. Buzzi Unicem, whose shares had risen over three per cent ahead of the announcement on expectations from analysts of a strong performance, said core profit was up 6.4 per cent in the first half, with revenues up 3.8 per cent. Operating profit was up 5.5 per cent at EUR348.5m, and... |
Lafarge UK boosts rail delivery services12 August 2008, Published under Cement NewsLafarge Cement have taken delivery of 48 bespoke, ’environmentally-focused’ rail wagons for their Hope Works, in Derbyshire, as part of a UK£15m rail expansion programme to supply builders merchants in the south east. Sending more cement by rail is part of Lafarge cement’s long term policy. The wagons will be used to extend the company’s rail distribution operations for transporting cement to the south east following the end of clinker production at the Northfleet Works in Kent earlier thi... |
Australia: end to cement works dispute paves way for development12 August 2008, Published under Cement NewsThe long-awaited development of the former Fyansford cement works site is set to go ahead after settlement of a dispute between the developers and the cement company. Developer Rob Moltoni yesterday said the dispute over ownership of the land had now been settled between his company and Adelaide Brighton. The news came as City of Greater Geelong councillors prepare to vote on developing the adjoining Fyansford quarry site, also largely owned by Mr Moltoni. Together the two developments co... |