Cement News tagged under: international
Holcim plans to lease limestone quarry in Southern Romania21 January 2008, Published under Cement NewsHolcim Romania plans to lease a new limestone perimeter near the company’s plant in Campulung Muscel, Arges county, southern Romania, Bogdan Gabudeanu, head of the Romanian mineral resources authority ANRM, told local press. "Holcim Romania is interested in leasing a limestone perimeter in Campulung. Under the law, we are to organize a public offer contest to put up 4-5 quarries, including the land required by Holcim," Gabudeanu said. He added the auction announcement will be publis... |
Titan moves into Turkey18 January 2008, Published under Cement NewsTitan is establishing a joint venture with the Ado group of companies, a local conglomerate, in Turkey, which involves the investment of EUR90.5m to take a 50% stake in Adocim Cimento Beton, which is based in Istanbul. Andocim has an integrated cement plant near Tokat, in northern Turkey, and a grinding centre at Sultankoy in the Marmara region. Clinker production at the Tokat plant has just started with the beginning of this year. The Tokat plant has a design capacity of 1.2m tonnes of ... |
Korean-led group to build Cameroon cement plant18 January 2008, Published under Cement NewsA South Korean-led consortium has signed a deal to build a CFA37bn (US$82.68m) cement factory in Cameroon, the Industry Ministry said on Thursday. The AFKO Cement Production Company, based in the southwestern town of Limbe, will have an annual production capacity of 1Mt of cement and aims to start production from April. "Our company will produce several qualities of cement including that which can be used in marine construction and the building of bridges at very affordable prices,... |
Khazakstan new plant under construction18 January 2008, Published under Cement NewsA cement plant is being built in Zhambyl region now and will produce over 1Mta of cement. But the leaders of the project say production capacity will be increased till 2Mt. The plant is being built near largest deposit of limestone Mynaral. It will be located the main transport motorways of the country. And the cement will be transported not only to Kazakhstani enterprises, but also abroad. |
Jidong Cement to create cement arm in Hunan18 January 2008, Published under Cement NewsTangshan Jidong Cement Co it plans to create a cement subsidiary in Hunan Province, Southern China with a total investment of CNY 1.4 billion. Based in Linli County, northwest of Hunan Province, the new company will construct two production lines that are capable of producing 4,500tpd of cement, and a waste heat power generating project, respectively. Registered CNY 240 million in capital, it is set to build a production line and the waste heat power-generating project in the first phas... |
Pakistan producers pay Rs900m less tax on lower prices18 January 2008, Published under Cement NewsThe Federal Board of Revenue (FBR) has found that the cement manufacturers paid Rs900 million less tax during the first six months (July-Dec) of the current fiscal year owing to price reduction of Rs80 per bag of cement. Chairman FBR Abdullah Yousaf had directed the Sales Tax authorities to apprise him about the causes of less revenue paid by the cement industry in the current fiscal year despite achieving higher growth. According to the analysis done by the Sales Tax and submitted before ... |
Angolan producers plan to place more cement on the market17 January 2008, Published under Cement NewsAngolan cement factories Nova Cimangola and Secil Lobito plan to place some 4.5Mta of cement on the Angolan market in the medium-term, the national director of construction materials of the Public Works Ministry said in Luanda Tuesday. Speaking to the press, on the sidelines of a meeting with construction company officials, Manuel Fernando Victor said that Nova Cimangola had already normalized the problems it recently faced of a lack of materials. According to Victor, Nova Cimangola can pl... |
India Cements profit up17 January 2008, Published under Cement NewsIndia Cement reported a net profit of Rs. 127.05 crore in the three months ended December 31, 2007 against Rs. 79.78 crore in the year-ago period. Net sales and income from operations went up to Rs. 854.54 crore from Rs. 542.21 crore. The good performance was attributed to improvement in cement prices and cost cutting measures despite a steep increase in the prices of fuel, says a company release. The gross turnover for the nine months ended December 31, 2007 stood at 2,594.98 crore... |
Morocco cement sales rise highest in 10 years16 January 2008, Published under Cement NewsCement sales in Morocco climbed to 12.8Mt in 2007, an increase of 12.6 per cent compared with 2006, according to a report published in Al-Sharq Al-Awsat newspaper. According to the report, this is the highest cement sales growth rate recorded in the Kingdom in the past 10 years. Cement sales in Casablanca amounted to 1.9Mt – equivalent to 15 per cent of the total cement sales in the Kingdom in the same year. Meanwhile, sales in Marrakech came to 1.4Mt in 2007, representing 10.9 per ... |
Italcementi to invest at least EUR25m in Albanian cement plant16 January 2008, Published under Cement NewsItaly’s biggest cement maker Italcementi will invest at least EUR25m (US$37.22m) to build a cement plant in Albania, the government in Tirana said on Tuesday. The plant, to be built near Albania’s biggest Adriatic port of Durres, will have an installed capacity to produce 450,000tpa of cement, the cabinet said in a statement posted on its website. Albania’s leading cement producer is Fush Kruje, majority-owned by Lebanese cement group Seament. Seament also runs a cement plant in E... |