Cement News tagged under: international
TCL files suit against Guyana21 April 2008, Published under Cement NewsGuyanese President Bharrat Jagdeo has hit out at the Trinidad Cement Limited (TCL), saying the regional company was taking advantage of the Guyanese market. Jagdeo’s comments came on the heels of the court action initiated by TCL Guyana Inc against his government in the Caribbean Court of Justice. TCL is seeking millions of dollars in damages, saying Guyana had failed to impose the common external tariff (CET) on cement imported from outside the region. But Jagdeo said his government had ... |
KHD’s road to success in Russia is continuing21 April 2008, Published under Cement NewsZAB-Industrietechnik und Service GmbH, Germany, member of KHD Group was awarded the contract for engineering and equipment supply for a new cement production plant by JUGPK Novotroizk. The new line will be erected near line 1, awarded to KHD end of 2006 and with similar design, in Novotroizk, 250km southeast from Orenburg. With this decision the client reimposes its faith in KHD technology. Beside the good quality marl deposits in this region blast furnace slag and other industrial residues,... |
Cement factory to be set up in Mukalla, Yemen21 April 2008, Published under Cement NewsThe Mukalla cement company will launch next May the first construction works of a cement plant at a cost of $140m. General-director of the company Ali Ahmad Sulayman said that the factory’s annual production capacity would reach 500t in 2009, noting that the factory would provide 180 jobs. Sulayman added that the production capability of the second stage would reach 1000 tons, providing more than 250 jobs opportunities. |
No cement export ban on supplies to SEZ units, India21 April 2008, Published under Cement NewsCement supplies to units in special economic zones (SEZ) can continue unimpeded, with the Commerce Ministry now clarifying that the recently imposed ban on cement exports will not apply for such supplies. The Government had banned cement exports to improve supplies within the domestic market and stem price increase here. Official sources said that the Director General of Foreign Trade (DGFT) has now issued an executive order, stating that the cement export restriction will not apply to s... |
Vietnam to import more clinker in 200821 April 2008, Published under Cement NewsVietnam is estimated to import 4Mt of clinker this year, up some eight per cent against last year, according to a local trade agency on Friday. Vietnam imported nearly 3.7Mt of clinkers in 2007, down 4.1 per cent against 2006, said the Trade Information Center under the Ministry of Industry and Trade. Most of the clinker, key material for cement production, was imported from Thailand. Vietnam is intensifying production of clinker, so it will not have to import the material in 2009. Now... |
Lithuania: Akmenes FY net profit doubles21 April 2008, Published under Cement NewsLithuania’s only cement manufacturer Akmenes Cementas (Akmene Cement) said on Friday its annual net profit more than doubled to 54 million litas (EUR15.65m) last year, up from LTL25.1m in 2006. Akmenes Cementas’ shareholders voted on Friday to set aside LTL2.4m for dividend and remuneration purposes. The remaining profit will go to finance the company’s modernization project, which got underway earlier this year and is to be completed by 2011, it said. Last year the cement manufacturer paid ... |
Vietnam: Ministry wants cement staples to head south21 April 2008, Published under Cement NewsThe Ministry of Construction is calling on the Vietnam Cement Industry Corporation and major cement-making joint ventures to reserve large volumes of clinker for shipment to the southern market, currently facing short supplies. The ministry has forecast that total cement demand this year will reach 40Mt and cement producers will have to import 4Mt of clinker to meet the needs of domestic producers, according to the Vietnam Cement Association. The association was predicting localised sho... |
Indian cement production to grow 11.5 per cent in FY0921 April 2008, Published under Cement NewsCement demand outlook this fiscal (FY 09) remains healthy, driven by rising investment in construction and real estate sectors, the Centre for Monitoring Indian Economy (CMIE) said in its monthly report here. CMIE expects cement production to grow by 11.5 per cent and cement consumption to grow by 12 per cent during FY 09. The total annual installed capacity of the cement sector increased by about 22Mt during FY 08 of which, 12.7Mt were added during the March 2008 quarter. CMIE expects ano... |
Russian cement forges ahead at Petrocem - updated21 April 2008, Published under Cement NewsDelegates at the latest Petrocem conference in St Petersburg, which opened on 21st April, have been given some informative insights as to the present status and future outlook of the Russian cement industry. To some observers, Russian production, which was virtually written off only 12 years ago as an industry sector in terminal decline, now represents a goldmine of opportunities for both local producers and international equipment suppliers. For producers: a scenario of rapidly rising dem... |
Second Egyptian cement plant in only one month for FLSmidth18 April 2008, Published under Cement NewsFLSmidth has been awarded a contract worth approximately EUR55m for a 5000tpd cement plant. The greenfield plant will be supplied to Wadi El Nile Cement Company and situated close to the city of Beni Seuf some 120km south of Cairo, Egypt. The contract is for all major machinery and first time spare parts for the plant and includes an EV limestone/clay crusher, raw material stores, an ATOX raw mill, a CF silo, a complete ILC 3-support kiln including a five-stage preheater and an SF Cross-Ba... |