Cement News tagged under: international
Hima to spend on alternative fuels22 May 2008, Published under Cement NewsSuppliers of coffee, rice and timber husks to Hima Cement could earn sh1.5b annually, Bernard Osawa, the company’s manager for alternative fuel, has said. Osawa said at the launch of the Clean Development Mechanism (CDM) project in Kampala that the husks would be used as alternative fuel for Hima’s generators and would eventually replace the heavy-fuel oil. The CDM project follows the Kyoto Protocol of 1997, which aims at rolling out best practices that will lead to reduction of industrial g... |
Waste generator savings22 May 2008, Published under Cement NewsChina’s Runji Cement located in Anhui Province has announced that it broke ground on the construction of a waste heat-fueled electric generator on May 16, 2008. Currently, electricity represents 23% of the Company’s total production costs, which is expected be reduced to approximately 15% after the completion of the project by January 2009. The generator system will use waste heat produced during the production of cement to power a turbine, generating electricity. Total capital expenditures ... |
Railton’s cement works: asbestos survey22 May 2008, Published under Cement NewsThe cement works at Railton in Tasmania’s north west is to be the subject of an asbestos survey and research program. From the 1940s to the late 80s, Goliath Cement was Australia’s third largest producer of asbestos-based products. Now owned by Cement Australia, removal of asbestos from the site began two years ago. The study will be conducted by researchers from three Australian universities and include the use of an Occupational Health and Safety historian. Researchers will examine how man... |
China cement price apparently stable22 May 2008, Published under Cement NewsMarket monitoring by the Ministry of Commerce (MOC) shows that China’s cement market has operated steadily, with comparatively inert prices. Monitoring shows that cement price averaged 316 yuan/ton in the first half of May, down 1.3 per cent from the latter half of April. However, the cost pressure remains huge. As cement consumption enters peak season and the output growth falls slightly, cement price may be under certain pressure of rising. Production cost has increased obviously recently... |
PPC to raise cement prices again in July22 May 2008, Published under Cement NewsPretoria Portland Cement (PPC), said yesterday it would hike the price of the building material for the second time this year as manufacturers feel the squeeze of higher input costs. PPC, which has already increased the price of its cement 8,5% this year, said the hike of about 5% in July was meant to bring cement prices in line with March’s producer price inflation of 11.8%. The increase is set to escalate construction costs and drive up the government’s infrastructure spending programme. ... |
ACC expansion on track21 May 2008, Published under Cement NewsACC is planning to expand its cement capacity from 22.4Mt to 30.4Mt by 2010. The company expects to commission its captive power plant of 30mW at Bargarh in 2009 and a plant of 25mW at Chanda in 2010. ACC has also acquired 100 per cent equity in Lucky Minmat Private Ltd to increase its limestone reserves. |
Power plants see the benefits of cement21 May 2008, Published under Cement NewsBy setting up cement projects to make use of the fly ash generated from their power plants, Indian utilities such as NTPC Ltd and Reliance-Anil Dhirubhai Ambani Group’s Reliance Power Ltd (RPL) will also be able to use their project land for more productive purposes by cutting down on storage areas. Fly ash is generated while burning coal. One tonne of cement can take an input of 0.2 tonne of fly ash. Not only is the cost of cement produced from fly ash 5-10% lower when compared with cement... |
ACC announces future price rise21 May 2008, Published under Cement NewsIndia’s ACC group, India’s largest cement manufacturer said it will increase the prices of cement after three month if the market forces and the government allow to do so. "Showing our concern to the rising inflation, we hold the prices for two-three months but after these months we are going to increase the prices if the market forces and the government allow us," ACC Ltd Managing Director Sumit Banerjee told local reporters. He, however, said if the government rolls back the recently ann... |
East Timor plant revamp possible - revised21 May 2008, Published under Cement NewsBritish based financing company, Delamore and Owl & Group said it is ready to provide US$28 million in credit to revitalize a small debt ridden cement maker in Indonesia. Delamore also wants to acquire a 61 per cent stake in the government owned PT Semen Kupang in Timor, East Nusatenggara, chairman of Delamore Indonesia Victorino Dosantos said. Dosantos told the newspaper Investor Daily, Delamore has already signed an agreement on the credit with Semen Kupang. He said Delamore has sent a le... |
Prosperity sets sights on HK listing21 May 2008, Published under Cement NewsRegistered on the UK AIM listings, with its shares having languished over the past 12 months, Prosperity’s owners are now about to jump aboard the HK bandwagon and aim for a separate listing there, which, say friendly analysts, could see its shares double, if the recent successful experiences of Asia Cement are to be repeated. Prosperity’s recent $100m loan note issue, arranged by Morgan Stanley is seen as a precursor to a dual-listing in Hong Kong and recent fundraising activity in Asia su... |