Cement News tagged under: international
Expansion of Indonesian factories to be disrupted15 January 2008, Published under Cement NewsThe Indonesia Cement Association (ASI) states expansion of cement factories this year will be disrupted if coal supplies to new factories and power plants cannot be secured by the government. If the government doesn’t secure coal supply through a special policy, cement prices will increase and this may upset the domestic cement market. As a consequence, consumer purchasing power, especially in the property and infrastructure sectors, would decline this year. Urip Timuryono, ... |
Cementos Otorongo to start new plant construction in April, Peru15 January 2008, Published under Cement NewsPeruvian firm Cementos Otorongo, controlled by Cimpor, will begin construction of a cement plant in Matarani, in Arequipa department in April, according to production minister Rafael Rey. Cimpor announced the US$125mn investment for the plant’s construction in November 2007. The facility will produce 650,000t of cement annually, equivalent to 10% of national consumption. Initially the firm will only sell to the domestic market, but expects to export in the future. The company p... |
Eurocement Group to construct plant in Sverdlovsk region, Russia15 January 2008, Published under Cement NewsThe Governor of the Sverdlovsk region Eduard Rossel and President of Eurocement Group Mikhail Skorokhod have reached an agreement for the construction of a new 2.2Mt dry-process cement plant in the region. Investments in the construction of plant will come in at RUR12.5bn. Currently Eurocement Group is represented in the Sverdlovsk region by Nevyanskiy Tsementnik. |
ASEC plans investments of US$2.951bn by 201115 January 2008, Published under Cement NewsASEC holding for Cement has been granted preliminary approval to establish grey cement planet in Libya with investments approaching US$540m and an expected annual capacity of 3Mt. CEO of ASEC said that construction works will start next June and production is expected to start by mid 2011. He added that the company is intending to increase its investments in the Middle East and North Africa to hit US$2.951bn by 2011. |
Cambodia opens first cement plant amid building boom14 January 2008, Published under Cement NewsCambodia opened its first cement plant on Monday in a multimillion-dollar joint venture with Thailand’s Siam Cement to back the booming domestic construction industry. Siam Cement and Cambodia’s top building firm Khaou Chuly Group spent $93m to build the plant, known as Kampot Cement Co, Prime Minister Hun Sen said at the opening ceremony. The factory, located in the quiet coastal backwater of Kampot province, can produce 960,000t of cement per year, the premier said in a speech br... |
Indonesia Dec cement consumption up 5.3 per cent14 January 2008, Published under Cement NewsIndonesia’s domestic cement consumption rose 5.3 per cent in December from a year ago to 3.13Mt, data from the Indonesian Cement Association showed on Monday. Sales by Semen Gresik, Indonesia’s largest cement producer, rose by 1.6 per cent last month to 1.37Mt, according to the data provided by the company. |
Camargo Correa invests R$4bn in cement, Brazil14 January 2008, Published under Cement NewsCamargo Correa Cimentos has announced plans to invest R$4bn over the next five years to increase its cement capacity in Brazil and abroad to 20.5Mta, and by 2012 to be rating among the top 20 cement players. Chairman Jose Edison Barros Franco comments the resumption of the Caue kiln, a R$20m investment at Pedro Leopoldo (Minas Gerais), is part of this strategic goal. From the scheduled investments R$650m are earmarked to Brazil and most of it abroad - in Argentina where it runs Loma Negra... |
Egyptian cement producers raise prices14 January 2008, Published under Cement NewsA number of Egyptian cement companies have raised their prices over the last few weeks, local media reported. Egypt’s Suez Cement Co (SCC) boosted its price to 377.5 Egyptian pounds (US$68.34/46.74 euro) per tonne cement from 347.5 pounds ($62.91/43.02 euro) as of January 10, 2008. Assiut Cement, a local subsidiary of Cemex, and Ameriya Cement raised their prices with E£10 ($1.81/1.24 euro) per tonne. National Cement Co (NCC) was the first to raise its price the previous wee... |
South Africa cement sales up14 January 2008, Published under Cement NewsThe 2010 Soccer World Cup stadia, some new dams and the Gautrain project should add to cement demand in the current year. South African cement sales grew by 6.6% in 2007 to a record 13.252Mt, data supplied by the Cement and Concrete Institute showed on Friday. This followed a 11.0% rise in 2006, a 11.6% gain in 2005, a 17.4% surge in 2004 and a 7.0% climb in 2003. The 2010 Soccer World Cup stadia, some new dams and the Gautrain project should add to cement demand in the current year. An ... |
ABG Cement scales up Kutch plant capacity14 January 2008, Published under Cement NewsABG Cement Limited has scaled up the capacity of its cement plant in Kutch, Gujarat, from the present 4,500t clinker a day to nearly 10,000tpd. It is also in advanced stages of acquiring 350 hectares of land for its new plant, which will have a cement manufacturing capacity of 5 million tonne a day. The company has lined up Rs 1,750-crore investments for its project, which includes a captive power plant, desalination plant and a jetty. The capacities of all these units would be adequate ... |