Cement News tagged under: international
Hima Cement to extract limestone from Queen Elizabeth National Park20 February 2008, Published under Cement NewsThe Uganda Wildlife Authority (UWA) has permitted Hima Cement to mine limestone in Queen Elizabeth National Park, a UNESCO designated reserve. UWA’s decision followed wide consultations with various stakeholders, according to a press statement signed by Lillian Nsubuga, the public relations manager. "UWA supports the initiatives being taken by Hima Cement to boost the production of cement in Uganda. The board of trustees has authorised the executive director to sign a permit for Hima to m... |
Four cement plants to be constructed, Himachal Pradesh, India20 February 2008, Published under Cement NewsChief minister Prem Kumar Dhumal today asserted that the four cement plants – one each near Sundernagar, Alcindi, Chamba and Chopal in Shimla district – would be set up within three years as they would generate local employment and the government would ensure environment protection. Addressing the BJP partyworkers’ district ‘Abbhahar sammelan’ here today, Prem Kumar Dhumal said there were limited jobs in the government sector and these cement plants would be set up ensuring all safeguards ... |
Cruz Azul looking to purchase US plant20 February 2008, Published under Cement NewsMexican cement maker Cruz Azul is evaluating the acquisition of a new plant in the US as part of its international expansion plan, according to local newspaper El Semanario reported. Cruz Azul is planning to sell shares or issues bonds to finance its potential entry into the US. South America is not being considered at the moment because of low sales, with Mexico surpassing Brazil as the most attractive market in the region, the report said. The company expects to take advanta... |
Work on major cement grinding plant begins in Quang Ngai20 February 2008, Published under Cement NewsHanoi-based Dai Viet Construction Materials and Investment Company Saturday launched construction on a US$19m cement grinding plant in the central province of Quang Ngai. The Dai Viet - Dung Quat Cement Grinding Plant covers six hectares in the province’s Dung Quat Economic Zone. With a total investment of about VND300bn (nearly US$19m), the plant is expected to produce some 0.5Mta of cemnt once completed by year-end. The plant’s capacity is projected to be doubled within the next few yea... |
Work on major cement grinding plant begins in Quang Ngai20 February 2008, Published under Cement NewsHanoi-based Dai Viet Construction Materials and Investment Company Saturday launched construction on a US$19m cement grinding plant in the central province of Quang Ngai. The Dai Viet - Dung Quat Cement Grinding Plant covers six hectares in the province’s Dung Quat Economic Zone. With a total investment of about VND300bn (nearly US$19m), the plant is expected to produce some 0.5Mta of cemnt once completed by year-end. The plant’s capacity is projected to be doubled within the next few yea... |
Indonesian cement companies being encouraged to increase production20 February 2008, Published under Cement NewsThe Indonesian government is encouraging state-owned cement companies to increase their production capacities to keep up with domestic demand which is growing by seven percent per year and expected to reach 60Mt in 2013, a minister said. "Growth in domestic demand for cement is now seven percent per year and absolute demand now stands at 39Mta," Industry Minister Fahmi Idris said here Tuesday. With an annual growth rate of seven percent, domestic demand for cement would reach 60Mt in 2013 ... |
South Korea cement industry may halt ops on coal shortage20 February 2008, Published under Cement NewsThe South Korean cement industry faces the prospect of production stoppages due to a global shortage in the supply of coal, a source said Tuesday. South Korean cement makers mostly use coal as fuel for their plants, and with only 30-45 days of coal inventories, they may opt to shut down rather than switch to more expensive alternatives, the person said. "Major cement companies have coal supplies of only until the end of March, and if China’s suspension of exports prolongs, then the... |
Cimpor to increase production in Tunisia20 February 2008, Published under Cement NewsCimpor is planning to increase the production capacity in Tunisia to 2.4Mta, the company announced in a press release. The move is driven by the recent increase in cement demand in Tunisia and its growth potential, as well as the increasing utilisation of the company’s local production capacity. The new production lines will come in two phases and will produce up to 2000tpd. Cimpor operates in Tunisia since 1998 through its fully owned subsidiary, Societ Les Ciments de Jbel Oust (CJO). ... |
China’s cement industry surges ahead18 February 2008, Published under Cement NewsChina’s cement industry posted a remarkable profit surge last year, amid government’s macro control measures to cool down an economy that could be starting to overheat. Total output hit 1.35 billion tonnes last year, up 13.5 per cent from a year earlier. Sales revenue grew 23.1 percent from 2006 to reach 410.4 billion yuan (US$57bn), according to the latest figure released by the National Development and Reform Commission (NDRC). The NDRC predicted the yearly net profit for 2007 will jump ... |
Huaxin share purchase by Holcim confirmed18 February 2008, Published under Cement NewsHuaxin Cement reported on Sunday it had raised 2.03 billion yuan (US$282m) by selling new shares to Holcim lifting the Swiss firm’s stake in it to 39.88 per cent from 26.11 per cent. Huaxin said it placed 75.2 million local currency A shares with Holcim at 26.95 yuan per share, a 26 per cent discount to the stock’s last market close of 36.23 yuan. Holcim’s current stake in Huaxin is in the form of foreign currency B shares. The Chinese company said it would spend money raised from the share... |