Cement News tagged under: international
Peru’s 2007 production rises 7.4% YoY16 January 2008, Published under Cement NewsPeru’s overall cement production rose 7.4% in 2007 to 6.21Mt from 5.78Mt in 2006, the National Association of Cement Producers, or Asocem, said Tuesday. Cement production in Peru has grown as the economy exands. GDP is forecast to have expanded by some 8.3% last year. Asocem said that cement exports totaled 333,014t in 2007, down 47% from 633,244t in the previous year. |
Beijing BBMG Group to clinker lines in Hebei, China16 January 2008, Published under Cement NewsBeijing-headed BBMG Group, a building material conglomerate in China, has decided to invest CNY 800m in building up cement clinker production lines in Zanhuang County, Shijiazhuang City in Hebei Province. The first line with daily capacity of 2500t will complete construction before the end of June 2008, while the second 5000tpd line will be ready for production before the end of 2009. By that time, the two lines will be able to produce 3Mta of clinker. Previously, BBMG has acquired... |
Cement production down by 3.6% to 1.01Mt in December16 January 2008, Published under Cement NewsUkranian cement production fell by 3.6 per cent, compared with December 2006, down to 1.01Mt, according to the State Statistics Committee. Cement production fell 13.3 per cent compared to November. In the January-December 2007 period production of cement rose by 9.1%, compared with the same period of 2006, to 15Mt. |
Indonesia’s 2007 cement consumption up 6.6 per cent16 January 2008, Published under Cement NewsIndonesia’s domestic cement consumption rose 6.6 per cent last year to 34.17Mt, data from the Indonesian Cement Association showed, beating an industry forecast for around five per cent growth. The increase in sales was helped by lower interest rates, which provided a boost for Indonesia’s residential market, as well as construction of infrastructure projects. Southeast Asia’s largest economy has been trying to overhaul its infrastructure, such as ports, airports and toll roads, in a bid t... |
CNBM Joins Hands with Hunan cement producers, China16 January 2008, Published under Cement NewsChina National Building Material Group Corporation (CNBM) said on January 13, 2008 that it signed strategic agreements with two cement producers, the Changsha branch of China Zhaoshan Xinxing Group and Changsha Pingtang Cement Co., Ltd. in Changsha, capital of Chinese southern Hunan Province. China National Building Material Co., Ltd, CNBM’s listing arm, previously acquired Hunan Shaofeng Cement Group Co., Ltd. Combined the production capacity of three companies, CNBM now takes 50% of the n... |
Al-Wihda Cement Factory will start production soon16 January 2008, Published under Cement NewsAbyan governor Mohammed Shamlan has been in discussions with board chairman of Chinese CNBM company the necessary executive procedures to complete setting-up the Al-Wihda Cement Factory in Batis region of Abyan at a cost of $ 240m. During the meeting, Shamlan said that local authority of the governorate would become supporter of the Chinese company and will offer all facilities for private sector investments to speed executive procedures to set up the factory. For his part, board chairman ... |
HeidelbergCement Ukraine To Take Over three affiliates of Kryvyi Rih Cement16 January 2008, Published under Cement NewsHeidelbergcement Ukraine, one of the largest cement producers, has decided to reorganise itself by way of takeover of three Kryvyi Rih Cement affiliates (Dnipropetrovsk region). Ukrainian News learned this from the press service of Kryvyi Rih Cement company. Specifically, Heidelbergcement Ukraine shareholders decided on December 9 to shut down Khersontsement (Kherson), Avtotsemtrans (Dniprodzerzhynsk) and Kryvbas Cement as legal entities. Their functions will be folded into the organizati... |
Mexico Grupo Cementos Chihuahua buys alliance concrete in US16 January 2008, Published under Cement NewsGrupo Cementos de Chihuahua (GCC) said Tuesday it has acquired Alliance Concrete Inc of Iowa, boosting its position in that US region. In a filing with the Mexican Stock Exchange, GCC said said the acquisition will give it a presence close to US markets where it already operates and a platform for growth in South Dakota, Minnesota, Iowa and Nebraska. GCC didn’t disclose the terms of the acquisition, which it expects will contribute immediately to earnings growth. Alliance has ... |
HeidelbergCement expects EUR350m cost savings from Hanson15 January 2008, Published under Cement NewsIncluding Hanson for four months, HeidelbergCement expects turnover in 2007, excluding the Maxit Group that was sold, to have reached approximately EUR10,700m, compared with EUR7997m in the previous year and the trading profit to have advanced by almost 40% to around EUR1800m. The full year results are to be announced on the 17th of March. For 2008, HeidelbergCement anticipates a turnover in the region of EUR15,000m and good earnings growth. Group cement and clinker shipments in 2007 ... |
Holcim pays US$3.8m for 50% stake in ecoWise unit, Singapore15 January 2008, Published under Cement NewsWaste management company ecoWise Holdings has formed a joint venture with Holcim (Singapore). Holcim Singapore will pay US$3.8m for a 50 per cent stake in ecoWise Materials, which is wholly owned by ecoWise Holdings. ecoWise will receive a one-off gain from the cash injection, which will help it to maintain and operate a plant to recycle and process used copper slag. Holcim will take the ’exclusive off-take’ of ecoWise’s processed copper slag, which is used in ready-mix concre... |