Cement News tagged under: international
Pakistan Cement exports record steady climb03 March 2008, Published under Cement NewsPakistan’s cement exports have witnessed a healthy growth of 140 per cent to all-time high level of 4.2611Mt during the first eight months of the current fiscal year, industry sources said. The statistics made available from the All Pakistan Cement Manufacturers Association (APCMA), which shows that cement export registered a robust increase of 2.48Mt during July-February of the current fiscal year and it has touched a new mark of 4.261Mt mark as compared to 1.774Mt over the same period la... |
Fujairah Cement 2007 net gains 16 per cent as production rises03 March 2008, Published under Cement NewsUAE-based Fujairah Cement Industries said profit in 2007 rose 16 perc ent, helped by higher production. Net income advanced to AED173.2m (US$47.2m) from AED150m in 2006, the company said in a statement posted on the Abu Dhabi Securities Market Web site on Sunday. Cement production grew 35 per cent to 2.1Mt. |
Turkish company to build new factory in western Turkmenistan03 March 2008, Published under Cement NewsTurkish Polimeks company will commence design and construction of a new cement plant with the capacity of 1Mta of cement in Jebel town, Balkan province starting from April 2008, according to local press reports. As the Ashgabat correspondent of Turkmenistan.ru reports referring to the press service of the Turkmen leader, president Gurbanguly Berdimuhamedov signed a relevant resolution on it. According to the document, Turkmennebitgazgurlushyk State Concern will conclude a contract with Pol... |
China Conch Cement keeps No.1 sales’ position03 March 2008, Published under Cement NewsChina’s leading cement and clinker supplier Anhui Conch Cement Co, Ltd produced 134Mt of cement products and sold 113Mt in 2007, ranking No. 1 in the nation by production and sales for the 10th year. Its sales revenue reached CNY 18.7bn last year. The company aims to produce 180Mt of cement products, sell 154Mt and achieve sales revenue of CNY 21.5bn. To meet the target, it is to strive to enlarge its business through creating new facilities, expanding the current facilities, mergers a... |
China’s Sinoma wins US$1.6bn Nigeria cement EPC contract03 March 2008, Published under Cement NewsSinoma International Engineering Co Ltd said it signed equipment, procurement and construction (EPC) contracts covering seven cement production lines with four affiliates of Nigeria’s Dangote Industries Ltd. The contracts have a combined value of US$1.6bn. In a statement filed with the Shanghai Stock Exchange, Sinoma said the seven cement lines will each have daily capacity of 6000t and be completed within 3-5 years. Six of these production lines are located in Nigeria and the other is ... |
Holcim lodges appeal to clarify some conditions29 February 2008, Published under Cement NewsAt least two appeals will be lodged with the Environment Court over plans for a $200 million cement plant at Weston, including one from the company which wants to build and operate it. Holcim (New Zealand) Ltd confirmed yesterday that it would lodge an appeal today over some of the conditions imposed on the resource consents granted by the Otago Regional and Waitaki District Councils for its proposed cement plant and the associated limestone, coal and sand quarries in the Waiareka Valle... |
’Government responsible for soaring cement price’, Nigeria29 February 2008, Published under Cement NewsThe skyrocketing market price of cement has been blamed on recent government pronouncements on cement importation which dealers are believed to be cashing in on. Bayo Akinola, chairman, Lafarge WAPCO Plc told journalists at the presentation of the company’s audited financial results for the year ended 31st December 2007 that government’s pronouncements on cement importation had led to speculations on pricing, with some dealers capitalising on it to make money. Believing that cement price m... |
Italcementi steps up examination of Turkey options29 February 2008, Published under Cement NewsItalcementi SpA is stepping up its effort to improve returns on capital invested in its Turkish operations, including via a possible sale of operations and joint ventures, said company officials. The company said its board has examined various options for getting the most value from its Turkish assets, and has given management the job of optimising the industrial and financial strategy. Italcementi officials said that there are talks with other other parties on the options, whereas ... |
FLSmidth signs Brazilian contract for six vertical mills29 February 2008, Published under Cement NewsFLSmidth has signed a mill contract with Votorantim Cimentos, Ltda, headquartered in São Paulo, Brazil. By offering a proposal that demonstrated both superior technical value and comprehensive support, FLSmidth was awarded the contract for approximately US$40m (approximately DKK 200m). The mills will be installed at three different cement plants in Brazil and is a part of Votorantim’s recently announced investment of approximately US$2bn in new production facilities. FLSmidth’s US proje... |
Votorantim to build cement plant in Georgia29 February 2008, Published under Cement NewsVotorantim is building its first cement in Georgia, at Houston, Ga., which is scheduled to come on stream during 2010 and will have an annual cement capacity of 0.9Mt. The Brazilian group has also made a major move into downstream operations in northern USA with the acquisition of Prairie Material, which operates in Illinois, Michigan, Indiana and Wisconsin. Last year Prairie Material generated a turnover of around US$483m, producing an EBITDA of approximately US$44m from the sale of 5Mm³... |