Cement News tagged under: international
Akmenes shuts production line for repairs, Lithuania08 January 2008, Published under Cement NewsLithuania’s only cement manufacturer Akmenes Cementas on Monday is shutting one of its two production lines for an annual scheduled maintenance period. Akmenes Cementas CEO Arturas Zaremba said that the line would be offline for 45 days. "Once repairs on this production line are complete, we will stop the second production line for 42 days for repairs," he said. The plant, which is located in Naujoji Akmene, in northwestern Lithuania, produces around 100,000t of cement monthly when oper... |
Rwanda charts strong cement demand08 January 2008, Published under Cement NewsRwanda Investment Group (RIG), a private investment company created by some 43 local investors has committed Rw500bn (US$27.2m) for investment in the country. Created in September 2006 and headed by the Rwandan Mr Tribert Rujugiro, the company is investing in extraction of methane gas in Lake Kivu in the western part of the country, silk and cement production, plus the maintenance of Kigali industrial park as well as peat extraction. Tribert Rujugiro, he said that the company’s ongoing inve... |
Thua Thien Hue licenses huge cement plant, Vietnam08 January 2008, Published under Cement NewsThe central province of Thua Thien-Hue has granted license to the Nam Dong Viet Song Long Cement Investment Joint-Stock Company to build a 1.8Mt cement plant. The project has an investment capital VND 3.28 trillion (US$205m), including VND 2.3 trillion (US$146.5m) from loans. Construction of the plant is scheduled to start in the fourth quarter of this year and it will be operational in January 2011. On January 5, the Nam Dong Viet Song Long Cement Investment Joint-Sto... |
Builders association seeks cut in cement prices07 January 2008, Published under Cement NewsIt will not be possible to implement the mega infrastructure projects envisaged in the 11th Five Year Plan period within the budgeted cost, unless the government takes steps to control the spiralling prices of cement, steel, bitumen and diesel, warned the Builders Association of India. More than Rs.15 lakh crore infrastructure expenditure is envisaged in the Plan, of which half will go to the construction sector, according to BAI trustee R. Radhakrishnan. “Fifty per cent of that cost wi... |
Transparency the goal of cement APM, Malaysia07 January 2008, Published under Cement NewsThe government of Malaysia has introduced automatic pricing mechanism to improve transparency between building materials manufacturers and end-users. THE implementation of the automatic pricing mechanism (APM) for cement last week is an important measure to improve transparency between building material manufacturers and end-users, given the active construction activities in Malaysia. Under the new structure, the ceiling price of cement would be reviewed and re-priced quarterly after tak... |
Algeria: Egyptian firm buys 35% of capital of Zahana cement factory07 January 2008, Published under Cement NewsThe Egyptian cement-manufacturing company “Assik” has acquired 35% of the shares of the cement factory of Zahana, located in the province of Oran in western Algeria, according to local press reports. The deal was initialled in exchange for EUR32.6m. The Egyptian company is intent on increasing the factory’s production from the current 675,000t to 1.8Mta as part of a revamp strategy. Assik’s investment package is estimated at US$77m for an annual cement output of 18.5Mt making of this Egyp... |
New cement plant to be built in Vietnam07 January 2008, Published under Cement NewsThe construction of a new cement plant with a capacity of close to 1Mta is underway in the northern mid-land province of Phu Tho. The Huu Nghi Cement Plant II, built at a cost of VND 900bn (US$56.2m), is expected to be operational for 49 years, from the end of 2008. The new cement plant is located close to a unexploited big quarry, which is accessible by both motorways and waterways. |
UAE cement and steel prices set for further increase07 January 2008, Published under Cement NewsPrice escalation clauses could be good for both contractors and developers as cement and steel price increases in the UAE are expected to reach the 20% mark this month, according to some industry experts. Cement and steel make up 30% of construction costs, which means a loss of millions of dollars for all projects. Rising costs could also force investors to look to other Middle Eastern countries for business opportunities. By the end of this month, steel prices are expected to reach US $816... |
Iron, cement, power units to get 92Mt coal, India07 January 2008, Published under Cement NewsThe coal ministry today decided to allot 92.38Mt of coal to ensure the much-needed long-term linkages to 73 cement manufacturing units, 224 captive power facilities and 236 sponge-iron plants. “The recommendation of the standing linkage committee in this connection has been approved by Minister of State for Coal Dasari Narayan Rao. The 236 sponge-iron units with a total production capacity of 41.5Mt located in 13 states have been sanctioned long-term linkages of 19Mt of coal per an... |
Cement unit facing closure threat, India07 January 2008, Published under Cement NewsThe only surviving cement factory in Koraput district might have to be closed for the lack of support from the administration, sources said. Owing to improper survey, planning and assessment of the feasibility of cement factories in the district, Hira Cement of Rallagada and Hanuman Cement near Damanjodi were closed long back, while the cement factory at Ampavali in Pottangi block could be survived for being managed jointly by Snehadhara Industries, private company, and IDCOL, public enterpr... |