Cement News tagged under: international
Dalmia Cement April shipments up nine per cent YoY06 May 2008, Published under Cement NewsIndian cement producer Dalmia Cement (Bharat) Ltd said its April cement shipments rose nine per cent to 266,000t from 244,000t in the year ago period. Cement production in the month rose 13.4 per cent to 262,000t from 231,000t, it said in a statement on Monday. |
Ugandan construction boom see cement prices rise06 May 2008, Published under Cement NewsThe construction boom in the region has led to high demand for cement. This has been compounded by supply shortages, causing rapid price increases. The price of cement has surged to sh27,500 from sh25,000 in Kampala. Upcountry costs are as high as sh30,000 a bag. With almost no fresh capacity in sight, the price is expected to skyrocket further. This is expected to push up construction costs. Allen Mate, the Hima Cement plant manager, explained over weekend that the cement demand was r... |
Iranian company to set up cement factory in Syria06 May 2008, Published under Cement NewsAccording to local press reports, the Iranian Ehdas Sanat Company (ESC) has recently won a tender for setting up a cement factory with the capacity of 1 Mta in Syria with US$200m value. This was the first success in establishing a cement plant abroad. Ehdasse Sanat Corp (ESC) was founded in 1987 with the objective of playing a major role in Iran’s Cement and Building Materials Industries. |
Qatar National Cement seeks US$120m loan for new plant06 May 2008, Published under Cement NewsQatar National Cement Company (QNCC) will negotiate a US$120m loan to finance the ongoing construction of Cement Plant 4 and other projects currently underway, the company said in a statement to the Doha Securities Market (DSM) on May 5, 2008. In 2006, QNCC and French Fives FCB (formerly FCB Ciment) finalised an QAR800m (US$219.8m) contract for the construction of QNCC’s fourth cement plant. FCB Ciment, which also constructed QNCC’s Plant 3, is building Plant 4 on a turnkey basis with a 5,... |
Semen Gresik 1Q Net Profit IDR515bn Vs IDR330bn06 May 2008, Published under Cement NewsPT Semen Gresik (SMGR.JK), Indonesia’s largest cement maker by assets and sales, saw first quarter net profit rise 56% on year because of increased sales, a company spokesman said Tuesday. Net profit for the first three months of the year rose to IDR515bn from IDR330bn a year earlier, Gresik spokesman Sunardi said. Sales rose 24% to IDR2.6 trillion from IDR2.1 trillion a year earlier on a 15% increase in domestic cement sales volume to 3.85Mt. |
ACC Cement Production at 1.79Mt in April 200806 May 2008, Published under Cement NewsACC Ltd has announced Cement production and sales figures for the month of April 2008. Cement production in April 2008 was at 1.79Mt, while sales were at 1.73Mt. Production was at 1.77Mt and sales were at 1.74Mt in April 2007. Cumulative cement production between January-April 2008 stood at 7.03Mt while Cement sales stood at 7.02Mt. Whereas between January-April 2007, production stood at 6.69Mt and sales at 6.68Mt. |
Pakistan cement sales up 25 per cent in July-April06 May 2008, Published under Cement NewsPakistani cement sales increased 25 per cent in the first 10 months of the 2007/08 fiscal year, driven by growing demand from builders at home and abroad, an industry official said on Monday. Cement sales totalled 24.6Mt, compared with 19.7Mt sold in the same period last year, said Shahzad Ahmed, secretary-general of the private All Pakistan Cement Manufacturers Association. "Overall there is growth in cement due to rising exports and increased local construction activities," said Bilal ... |
UAE cement plants committed to fixed prices06 May 2008, Published under Cement NewsH.E. Mohammed Ahmed bin Abdulaziz Alshihhi, Undersecretary of the Ministry of Economy, affirmed recently that cement plants across the country have pledged their commitment to maintaining cement prices at Dhs17 per bag. H.E. Alshihhi clarfied in a press statement that rumors about cement plants increasing prices are untrue, since cement manufacturers had previously committed to fixing their sales price. He also emphasised that appropriate actions will be taken in response to any increase... |
Siam Cement may spend THB6bn on second Cambodia factory06 May 2008, Published under Cement NewsSiam Cement Pcl, Thailand’s biggest producer, may spend as much as THB6bn (US$189m) to build a second factory in neighbouring Cambodia to triple its production capacity there. The planned factory, twice as big as the first plant, will increase the Bangkok-based company’s capacity in Cambodia to 2.55Mta, company President Kan Trakulhoon said in a May 2 interview. A feasibility study will be completed this year. Siam Cement, controlled by the king’s asset management arm, is building cement a... |
Gulf Finance House plans to create US$2bn cement company06 May 2008, Published under Cement NewsBahrain-based Islamic investment bank Gulf Finance House (GFH) on Monday said it plans to create a US$2bn cement company, Cemena, which is set to become one of the largest cement companies in the Middle East and North Africa (Mena) region. GFH will be collaborating with strategic partners including the Associated Group, Emirates Islamic Bank, Capcorp and leading technical partners Holtec and China National Building Material Group Corporation (CNBM). The project will comprise of multiple ... |