Cement News tagged under: international
Brazil February cement sales up 22.4 per cent13 March 2008, Published under Cement NewsCement sales on the Brazilian market totaled 3.7Mt in February, up 22.4% on the same month last year, according to preliminary figures out Wednesday from the National Cement Industry Association (Snic). Sales per working day grew 5.7% in February from January and 16.6% compared with February 2007. Over January-February Brazilian cement sales totaled 7.8Mt, up 20% on the same period last year and of which 7.7Mt for the domestic market. |
Dubai makes cement, steel imports free13 March 2008, Published under Cement NewsSheikh Mohammed ibn Rashid Al-Maktoum, vice president, prime minister and ruler of Dubai, has yesterday issued a decree exempting cement and steel from customs fees until further notice, and to allow all the contractors and real estate developers to import these two materials with no restrictions. The verdict aims to control the raising prices of construction supplies. According to figures, over the past eight months cement prices have risen by at least 40 per cent, while steel prices have... |
Indonesia’s demand down 13 per cent13 March 2008, Published under Cement NewsIndonesia’s nationwide cement consumption in February dropped 13 per cent to 2.7Mt from January but was 18 per cent higher than a year earlier, an official said Wednesday. In January, domestic cement consumption reached 3.09Mt. "Consumption in February is seasonally lower partly due to the fewer number of working days," Indonesian Cement producers Association (ASI) Chairman Urip Timuryono told Thomson Financial. He said flooding in some areas of the country during the month ha... |
Oman Cement seeks government nod to raise prices12 March 2008, Published under Cement NewsOman Cement Co, the country’s largest cement firm by market value, said it is in talks with its government owner about raising prices or possibly face a fall in profit this year. "If we don’t increase cement prices by 1 to 2 rials per tonne, profit might come down in 2008," Oman Cement Chief Executive Officer Jamal al-Hooti said in an interview in Muscat on Wednesday. "This is due to high clinker prices, which are rising because of high freight costs," Hooti said. "We are selling ce... |
Birla Corp suspends operations in two units12 March 2008, Published under Cement NewsBirla Corp Ltd said on Wednesday it had suspended operations from Tuesday night at its two plants located in the eastern state of West Bengal citing difference between workers and the management. The units are Durgapur Cement Works and Durga Hitech Cement, it said in a statement. |
Taiwan cement firms to benefit from ready-mixed concrete price hike12 March 2008, Published under Cement NewsTaiwan Cement Corp, Asia Cement Corp and Goldsun Development & Construction Co Ltd will benefit from the latest hikes in ready-mixed concrete prices, the Commercial Times reported. Without naming sources, the daily said domestic ready-mixed concrete prices will rise 10 per cent to TWD2,280/m3. It did not give a comparative base. The new spot price marks a ten-year high, it added. |
Bamburi opts for biofuel usage12 March 2008, Published under Cement NewsThe Lafarge Group, will invest Sh1.4 billion across its East African operations to reduce carbon emissions over the next two years. Bamburi CEO, Mr Michel Purchercos (front) and external affairs director Robert Nyanga’ya, at the briefing in Nairobi. The investment will support a Clean Development Mechanism, which involves among other things substitution of fuel power with biomass plantation in an effort to reduce the amounts of carbon emitted into the atmosphere. According to Mr B... |
Colombia’s Cementos Argos to double capex in 200812 March 2008, Published under Cement NewsColombia’s largest cement maker, Cementos Argos SA, plans to invest US$466m this year, almost doubling the US$258m spent last year, in expanding its output capacity in Colombia and parts of the US, where the company expects rising demand. Cementos Argos will invest US$300m this year in a new cement line in Cartagena Colombio (pictured on CemNet home page) that will be able to produce 1.8Mta of cement. The project includes the construction of a port and a kiln, and is expected to start ... |
India cement prices stable, no plan for regulator12 March 2008, Published under Cement NewsCement prices in India have stabilised since March 2007 and there was no plan to set up a separate regulator for the sector, Junior Industry Minister Ashwani Kumar said on Tuesday. In a written reply to parliament, Kumar said the government abolished import duties and allowed state-run trading firms MMTC, TANCEM of Tamil Nadu and Puducherry Agro Services Industries Corp to import cement last year to bridge the demand-supply gap and stem price rise. "With these measures, the average price o... |
China National Building Materials sets sights on 10 cement plants12 March 2008, Published under Cement NewsChina National Building Materials Co., Ltd, a state-owned giant in its industry, plans to acquire 10 cement plants in China Mainland and set up a joint venture in Jiangxi Province. The listed company has inked letters of intent or framework agreement with ten private-owned cement companies. It will respectively buy an 80% stake in Zhonglida Group, Lima Cement, Yaya Cement, Shenhe Cement, and Zhejiang Cement, and all of them are based in Zhejiang Province. Moreover, CNBM will wholly take ov... |