Cement News tagged under: international
Lafarge create excellent cement centre08 July 2008, Published under Cement NewsLafarge Cement UK have invested UK£3.5m in transforming their Cauldon Works in the Staffordshire into a ’centre of excellence’ for innovative packed products. The works include: a second Mastercrete plastic packing line, upgraded weighbridges and the extension of their packed products warehouse. The location of the loading points for packed product lorries has been changed to ensure better segregation between these and the bulk lorries, easing the flow of vehicles through the site. Works m... |
Lafarge wins EUR130m cement works contract in Himachal Pradesh, India07 July 2008, Published under Cement NewsLafarge is one of two firms to win approval to invest US$170m each to build new cement plants in India’s Himachal Pradesh state, where demand is expected to soar as new dam projects get underway, a local official said. The proposed 2Mt capacity cement plant would boost the output of Lafarge in India by 40 per cent to 7Mt, according to the latest industry figures. The state cabinet approved the Lafarge project yesterday for Mandi district, located about 100 kilometers north of the capital Sh... |
Binani Cement plans supply pact with builders07 July 2008, Published under Cement NewsBinani Cement, the flagship company of Binani group, is considering long-term bulk cement supply contract with real estate developers including Raheja and Hiranandani. The initiative, if it fructifies, will be the first in the industry and other cement companies may follow suit. Binani Cement’s managing director Vinod Juneja confirmed the discussions between the company and a few real estate firms on this regard. "It is at a very initial stage. Yes, we had talks with some real estate devel... |
Sagar plans 1Mt plant in Tanzania07 July 2008, Published under Cement NewsSagar Cements, a mid-sized Andhra Pradesh-based cement company, is planning a 1Mt plant in Tanzania. The expansion to foreign shores comes soon after it signed a joint venture with a cement major Vicat SA for setting up a 5.5Mt cement plant in Gulbarga in Karnataka. Sources say the company is yet to decide whether the venture will be a partnership or whether they will do it alone. However, the Tanzanian foray is still at a preliminary stage, sources said. Company officials declined to ... |
Taiwan Cement to expand Yingde plant in Mainland China07 July 2008, Published under Cement NewsTaiwan Cement International, a subsidiary of the Taipei-based Taiwan Cement Corporation and listed on Hong Kong Stock Exchange, recently announced it would invest US$197m, or approximately NT$5.98 billion, to expand the production capacity of its Yingde plant located in Guangdong Province, mainland China. Taiwan Cement International said it would set up two new production lines in that plant, with each capable of turning out 6,000 metric tons of cement per day. In addition to the two new li... |
Bahrain: cement depots planned07 July 2008, Published under Cement NewsBahrain will set up warehouses to stock large quantities of cement, to avert a repeat of the crisis that has crippled the country’s construction industry. The Premier issued the order at yesterday’s Cabinet meeting. Moreover, contacts will be stepped up with cement-exporting countries to ensure enough supplies of construction materials to cater to rising demand. On the Premier’s recent visit to Hidd Industrial Zone, the Cabinet hailed the current boom in industrial and development project... |
Prosperity Minerals FY pretax profit US$59.3m vs US$45.9m07 July 2008, Published under Cement NewsProsperity Minerals Holdings said Monday that full year pretax profit was US$59.3m, compared to US$45.9m the previous year. The company said demand for both cement and iron ore in the PRC has remained strong in 2008. The PRC’s GDP grew by 10.6% pa in the first quarter and is expected to maintain strong growth throughout the year. For Prosperity, operating issues include the effective management of rising product manufacturing costs (including energy), transportation and product pricing. Ho... |
Andhra to account for 40% cement production in three years07 July 2008, Published under Cement NewsWith 14 new cement plants in the pipeline and 24 existing ones in the process of expanding capacity, Andhra Pradesh will account for over 40 per cent of the country’s cement production in three years, up from about 12 per cent now. The new plants, which are sinking Rs 9,000 crore as investment, will add 35Mta of capacity, while the brownfield projects will add another 28Mt. That will take the total capacity in the state to 87.5Mt a year, a sharp rise from the current 24.5Mt. In 2006-07, ... |
Cemex to raise Mexico cement prices by five per cent07 July 2008, Published under Cement NewsCemex plans to increase its local cement prices by an average of five per cent starting on Monday, a source close to the company said on Friday. "This increase is due to higher world energy costs and the big impact on the company’s costs," the source told Reuters. Building material distributors consulted by Reuters in the northern Mexican city of Monterrey, where Cemex is based, said the price of a 50kg bag of cement will rise to about 105 pesos (US$10.19) from the current 100-peso avera... |
Prakash Industries to invest INR4.85bn in cement unit04 July 2008, Published under Cement NewsPrakash Industries Ltd said on Friday it has signed a deal with the government of the central Indian state of Chhattisgarh to set up cement and clinker plants at an investment of INR4.85bn. The cement plant would have an annual capacity of 2Mt while the capacity of the clinker plant would be 1Mt, the company said in a statement. It also said the state government would assist in allotment of coal and limestone blocks to the company for captive use. |