Cement News tagged under: international
Vietnam cement prices fall24 June 2008, Published under Cement NewsVietnam’s cement prices have fallen sharply following Government measure to stabilise prices. Cement prices last week were down compared to prices two weeks earlier. Cement from Ha Tien No1 was a about VND 72,000 per bag (US$4.5) against the price of VND88,000-90,000 per bag (5.5-5.625 USD) two weeks ago. Cement prices keep falling due to the improvement of supply and the reduction of demand during the coming rainy season, said Dao Duc Toan, director of Dao Duc Toan cement distributor. T... |
Vicat, Sagar Cements form venture to build cement plant, India24 June 2008, Published under Cement NewsFrench cement maker Vicat said it has formed a joint venture with Sagar Cements to build a cement plant at Gulbarga in the Indian state of Karnataka, India. The Vicat Sagar venture will be 51 per cent owned by Vicat and 49 per cent by Sagar, with Vicat acquiring a 6.6 per cent shareholding in Sagar Cements. The Gulbarga plant, to be built on a greenfield site, will produce 5.5Mt of cement a year on two clinker production lines, each with a capacity of 6,000tpd. In addition, it will have i... |
Pakistani cement in demand in South Indian markets23 June 2008, Published under Cement NewsPakistani cement is making way into South Indian markets where its demand is rising. Media reports quoting an official of the Kerala Cement Dealers’ Association said 50kg Pakistani cement is available in Kochi at Rs250 as compared to local cement at Rs 260 a bag. The quality of Pakistani cement is very good but the supplies are limited. A few months back, about 1000t of imported cement landed at Ernakulam at a price of Rs220 per bag when the domestic cement was costing around Rs250. |
Eurocement to start building RUB10bn Voronezh Reg plant23 June 2008, Published under Cement NewsRussia’s Eurocement Group plans on June 26 to start building a cement plant in the Voronezh Region at a cost of over RUB10bn, a spokesperson for the regional government’s economic development department told Prime-Tass Friday. The plant, which will be located in the region’s Podgorensky district, is expected to have an annual production capacity of about 2Mt. The facility is expected to be launched by the beginning of 2010. |
Titan America LLC maker plans to expand operations in South Norfolk, US23 June 2008, Published under Cement NewsTitan America LLC plans to expand its cement terminal along the Elizabeth River’s Southern Branch onto an adjacent parcel of about 7 acres, company officials said. Titan has not yet determined how much it would invest in the new facility or the number of jobs it might create, said Kate McClain, a spokeswoman for Norfolk-based Titan America. The company has not decided how to use the entire tract, in Chesapeake’s South Norfolk neighborhood, McClain said. It may handle other "cement-relate... |
Bahrain-Turkey to discuss cement import23 June 2008, Published under Cement NewsBahrain could soon be importing construction material from Turkey, particularly cement and cast iron, it was revealed yesterday. The move follows instructions from the government and the Economic Development Board to build a strategic reserve. "The government is keen on averting any shortage of construction materials as it disrupts urban development", Industry and Commerce Minister Dr Hassan Fakhro said. He was speaking to Akhbar Al Khaleej on the eve of his visit to Turkey, revealing plans... |
Indonesia’s Semen Gresik Jan-May cement sales up 12 per cent23 June 2008, Published under Cement NewsIndonesia’s biggest cement producer by sales volume, the state-run PT Semen Gresik Tbk, said on Monday its cement sales in the first five months grew 12 per cent from a year ago to 7.28Mt as stronger domestic sales offset falling exports. The company said it sold 6.8Mt of cement in the local market during the Jan-May period, or 16.5 per cent more than a year ago. Meanwhile, its cement exports dropped 28 per cent to 460,805t. Nationwide cement consumption grew 20 per cent to 15.41Mt in ... |
Lafarge expands in North Africa23 June 2008, Published under Cement NewsLafarge has bought a 35 per cent stake in the Meftah cement plant in Algeria for EUR43.5m, as part of privatisation process. The French company will be responsible also for the management of the plant over the next 10 years, Lafarge said on June 21, 2008. Lafarge will modernise the facility in order to boost its production capacity from 0.8Mt at present to 1.1Mt by 2010. In addition, the company plans to launch special training programmes for the employees of the unit and improve the e... |
FLSmidth wins contract for greenfield cement plant in Angola20 June 2008, Published under Cement NewsFLSmidth has won a contract worth approximately EUR100m to supply machinery and equipment for a new 4200tpd production line to ETA Star International LLC, Dubai. ETA Star International will be constructing the plant for its customer, FCKS, a state-owned company in Angola. The new greenfield plant will be situated in Chindonga close to Sumbe Town in the Kwansa Sul province 300 kilometres south of Angola’s capital Luanda. The project is a continuation of the collaboration FLSmidth currently h... |
Barbetti buys stake in Turkish producer20 June 2008, Published under Cement NewsSanko Holding signed a partnership agreement with Italian Barbetti and agreed to sell its 30 per cent stake in cement producer unit Cimko Cimento ve Beton Sanayi to Barbetti for US$390m. The deal values whole of Cimko at US$1.3bn. Cimko has two cement plants in southern Turkey in the cities of Adiyaman and Kahramanmaras. Adiyaman facility can produce 0.64Mt of clinker and 1.6Mt of cement a year while Kahramanmaras plant has annual output capacities of 2.5Mt of clinker and 3.5Mt of cement. ... |