Cement News tagged under: international
Lafarge expected to continue talks about prospects of new works in Baku02 January 2008, Published under Cement NewsWhile no progress has been reached in negotiations between Azerbaijan Investment Company and Lafarge (despite a signed a preliminary protocol) AIC chief executive Anar Akhundov has said that: “Next January the French company will send another mission to Azerbaijan to go on relevant discussion”. Local press reports suggest Lafarge wants to build the factory in Baku and is deciding between teh Garadagh district of Baku or adjoining Gobustan district. The factory’s capacity ... |
New 2.4Mt cement plant okayed in Central Vietnam02 January 2008, Published under Cement NewsBinh Thien An Real Estate Joint Stock Co has received a license to build a 2.4Mt cement factory in central Quang Binh province, Tuoi Tre (Youth) newspaper said Wednesday. The cement factory, to be constructed in late 2008, is part of a project with total investment of VND3.6 trillion ($225m), under which, Binh Thien An plans to build a seaport and a river port on a 620-hectare site in the province. |
Arawak Cement shines at BIDC awards30 December 2007, Published under Cement NewsArawak Cement shines at BIDC awards Arawak Cement Company Limited copped four top awards, the most by any company, at this year’s Barbados Investment and Development Corporation (BIDC) National Industrial Awards ceremony recently. Barbados’ lone cement manufacturer and a member of the TCL Group walked away with the prized Pillar of Industry 2006, the National Industrial 2006 — Exceptional Quality and the Environmental Stewardship 2006 awards, while the company’s 2006 Employee of the Year, D... |
Builders object to pricing mechanism30 December 2007, Published under Cement NewsThe Real Estate and Housing Developers Association of Malaysia (REHDA) and Master Builders Association Malaysia (MBAM) have reiterated their strong objection to the implementation of the automated pricing mechanism (APM) for cement, scheduled for Jan 1, 2008. In a joint statement, they said cement prices were expected to rise next year with the implementation of the APM, jeopardising the building and construction industry. They said in a move that would only benefit manufacturers, the intr... |
Belarusian plant launches new production line30 December 2007, Published under Cement NewsBelarusian Cement Works launched a new clinker line to increase output by 200,000tpa, general director of the company Vladimir Kiselev told Belarusian news sources. The line will reach the designed capacity by April-May 2008. Next year the company plans to make 1.1Mt of cement. This year’s output will amount to around 930,000t, Vladimir Kiselev said. The company invested Br20 billion into the new line within two years. Now the company has two clinker lines In January-November this year, B... |
Good year for housing and cement30 December 2007, Published under Cement NewsThe housing industry in Southern Mindanao, Philippines, has enjoyed a brisk year because of the growth in housing development projects this year, an official of the Pagibig Fund said on Thursday. Jose Banzon Jr., Pagibig Fund vice president for Southern and Central Mindanao, said the increase in Pagibig Fund’s loan value for housing development projects in the region, which is made up of the provinces of Davao Del Sur, Davao Del Norte, Davao Oriental, and Compostela Valley; and the cities o... |
Fake import scare30 December 2007, Published under Cement NewsDanger looms of substandard or fake cement from outside Tanzania flooding the country following the government’s recent tax waiver on the importation of the commodity. The government’s move was meant to avert a crisis in the wake of an acute shortage of the crucial item that saw retail prices recently shoot up to an unprecedented T$22,000/- to 25,000/- per 50 kg bag (US$22.14 or US$442/tonne). Only weeks earlier the corresponding prices ranged between 12,000/- and 17,000/-, in part dependin... |
Sri Lanka to import more basic commodities30 December 2007, Published under Cement NewsMinister of Trade, Marketing Development, Co-operatives and Consumer Services, Bandula Gunawardena says the Sri Lankan government has granted permission to import wheat flour, rice, cement and milk powder from January 2008. He further said that 2008 budget has provisions to set up a government body - Commercial and Wholesale Cooperation, to import any essential item that goes scarce in the market. This will enable the government to intervene when private sector importers demand unreasonable... |
Indian cement prices to remain firm30 December 2007, Published under Cement NewsCement prices will continue to remain on the higher side due to rising production cost. Refusing to take a call on future price trends, Mr Sumit Banerjee, Managing Director, ACC Ltd, said “the input cost has gone up drastically, thus pushing up the cost of production. We will pass on the rise in cost of production to the consumer. Cement business will become difficult from the energy point of view.” Coal accounts for about 27 per cent of ACC’s production cost. Cement companies procure a por... |
Best of times…worst of times30 December 2007, Published under Cement NewsThe Egyptian economy has delivered one of its most impressive performances ever this year, with a spurt in growth rates generated by reforms and solid macro-economic management. Better still, international organisations like the World Bank, IMF and rating agencies have issued laudatory reports on the state of the local economy and the outlook for 2007/08. Foreign investors poured billions of dollars into diverse sectors throughout the year, with some, such as real estate and information tech... |