Cement News tagged under: international
South Africa cement sales fall 18.7% in March10 April 2008, Published under Cement NewsCement sales in South Africa fell 18.7 per cent YoY in March 2008 to 1.039Mt after growing by 6.6 per cent in 2007 to a record 14.124Mt, data supplied by the Cement and Concrete Institute showed on Wednesday. This followed an 11 per cent rise in 2006, a 11.6 per cent gain in 2005, a 17.4 per cent surge in 2004 and a 7.0 percent climb in 2003. The 2010 Soccer World Cup stadia, some new dams and the Gautrain project should add to cement demand in the current year, but the March 2008 data may... |
China’s Anhui Conch receives approval for A-share issue plan09 April 2008, Published under Cement NewsAnhui Conch Cement said it received final approval from the China Securities Regulatory Commission on April 3 for its plan to issue up to 200m additional A-shares. In June 2007, the company announced the issue, which will help fund 32 cement and power generation projects costing 12.04 bln yuan. |
Shui On plans 20Mt cement output for ’0809 April 2008, Published under Cement NewsShui On Construction and Materials Ltd chairman Lo Hong-Sui says cement sales volume will continue to increase in 2008 as three new production lines will start operation in the year. Shui On can increase cement production output to 20Mt in 2008. It will have three new cement production lines starting operation, adding production capacity of 1.5Mt. In 2007, Shui On had a designed production capacity of 24Mt although it only output 17Mt of cement. Company vice chairman Lawrence Choi unveils... |
Holcim hopes Venezuela nationalisation talks please both sides09 April 2008, Published under Cement NewsHolcim said on Tuesday it hopes talks with the Venezuelan government over plans to nationalise the cement industry satisfy both sides. Venezuela’s President Hugo Chavez announced last Thursday that he wanted to nationalise cement companies operating in the country, which also includes Mexico’s Cemex and France’s Lafarge. "In the course of the forthcoming negotiations, Holcim will endeavour to find a solution that is satisfactory to both sides," the company said in a statement. It... |
Holcim plans EUR82.7m investment in Serbian plant08 April 2008, Published under Cement NewsHolcim plans to raise the capacity of one of its Serbian units from 2200t to 4000t of clinker from under a EUR82.7m (US$130m) investment plan. The Novi Popovac cement plant produced 841,500t of cement and 40,000t of the masonry mortar brand Novimal, while Holcim’s Belgrade factory sold 33,000m3 of concrete in 2007. |
Sustained demand boosts March sales, India08 April 2008, Published under Cement NewsSustained demand has helped many cement companies to record higher despatches in March, which is usually a peak month in terms of consumption. However, cement prices remained unchanged. Ambuja Cement has taken the lead in recording a 16% growth in cement sales during the month to 1.716Mt compared with 1.474Mt a year ago. The cumulative YoY growth for both despatches and production during the March quarter was at a much slower clip. While despatches during Jan-Mar 2008 stood at 4.749Mt (... |
Indonesia’s exports down 50 per cent on strong demand08 April 2008, Published under Cement NewsIndonesia’s cement exports shrank 50 per cent in the first two months of this year despite an increase in production, an official of the industry ministry said. The decline was caused by strong demand on the domestic market and higher transport cost for exports, downstream chemical director Tony Tanduk said. "Exports in the January and February fell to 196,000t down from 362,000t in the same period last year, on the contrary production rose 20 per cent to 5.92Mt," Mr Tanduk said. ... |
Two Japanese cement firms look to Russia for growth08 April 2008, Published under Cement NewsUbe-Mitsubishi Cement Corp. and Sumitomo Osaka Cement Co each plan to begin exporting cement to Russia this month in a bid to break into the market, The Nikkei reported. This is the first time for Japanese cement firms to undertake large-scale exports to Russia. Both companies recently entered alliances with major Russian cement maker Spassk Cement, which is based in Vladivostok, Russia’s largest port city on the Pacific Ocean. Under the deals, Ube-Mitsubishi will export over 20,00... |
Cemex seeks talks with Venezuela govt over cement industry nationalisation08 April 2008, Published under Cement NewsCemex said Monday it’s open to dialogue with authorities in Venezuela, where the government plans to take control of the cement industry. In a statement, Cemex confirmed that Venezuelan officials intend to take controlling stakes - of at least 60% - in private cement companies operating in the South American country. Company officials met Monday with Venezuelan Energy Minister Rafael Ramirez and other ministers to discuss the decision, announced last Thursday by President Hugo Chavez. Ce... |
Lafarge expects a 15-20 per cent rise in Romanian cement market07 April 2008, Published under Cement NewsLafarge expects a 15-20 per cent rise in the cement market in 2008, said Philippe Questiaux, general manager of LafargeCement Romania. Questiaux also estimates a rise in the sales of LafargeCement, in step with the growth in the market. For LafargeCement Romania, 2007 was an exceptional year, with a 30 per cent increase in the market, from 2006. The rise was reflected in the sales of the French group in Romania. Questiaux said that the total volume of cement sold in 2007 in ... |