Cement News tagged under: international
Spanish consumption fall in Spain seen to affect Cimpor17 December 2007, Published under Cement NewsThe share performance of Cimpor is expected to suffer from the recently estimated fall in the cement consumption in Spain, according to forecasts of Portugal’s investment bank BPI on December 14, 2007. A day before, Spanish daily La Razon said that the country’s cement association foresees a six per cent annual decline in the consumption of cement on the domestic market in 2008. "This is a negative news for Cimpor," BPI pointed out adding that the projected fall relates to the slowdown ... |
Indian road to Bhutan plant by April 200817 December 2007, Published under Cement NewsThe two-decade-old project to construct Bhutan’s biggest cement plant on the Indo-Bhutan border has finally been revived. The Ministry of External Affairs (MEA) has asked the Ministry of Shipping Road transport & Highways to push up road connectivity towards the plant. India is already assisting with the construction of the Indo-Bhutan Friendship Project, the Nu 5,170-million Dungsam cement plant at Nganglam on the Indo-Bhutan border. While the ministry has already constructed a national hig... |
Taiwan Cement sees demand-driven price gains in China next year17 December 2007, Published under Cement NewsTaiwan Cement Corp expects its plant in southeast China’s Guangdong province to continue to raise prices in 2008, following several increases this year, as demand keeps growing and supply remains relatively stagnant. After an anticipated seasonal correction in the first quarter "our delivery price at the Guangdong site may reach 420-450 yuan per metric ton in the second half of 2008", senior vice president Edward Huang said in an interview with XFN-Asia. "Driving forces include increasin... |
Cemex denies plans to cut 10% of workforce14 December 2007, Published under Cement NewsCemex yesterday denied rumours that it planned to cut 10 per cent of its workforce. But the company said there would be some reduction in headcount as part of a wider strategy to curtail costs. "There is a general effort to reduce costs at the global level, but it goes far beyond just lay-offs," said Jorge Perez, a company spokesman in Mexico. "There is no exact figure, but the lay-offs will be far less than 10 per cent." Mr Perez’s comments came as rumours began to circula... |
Cementos Lima director rules out need for imports14 December 2007, Published under Cement NewsJaime Bustamante, Desarrollo Corporativo director at Cementos Lima, is adamant that local production can satisfy Peruvian cement requirements without recourse to imports. He is aware though that growth of 10% is expected year after year in the construction sector an as such has his firm expanding its capacity. Cementos Lima is spending more than US$120mil on said expansion but will keep its prices stable. Import duties - of 12% - on cement lapsed almost two months ago. |
Pakistan cement demand to reach 36Mt by 201214 December 2007, Published under Cement NewsAt the current pace of growth, cement consumption in Pakistan is expected to increase from present 21Mt to 36Mt by 2012 while exports would touch 12Mt from present export volume of 3Mt. President Pakistan Engineering Council Engineer Husnain Ahmad stated this at the international conference on strength and durability of cement structures organized by University of Engineering and Technology. He said per capita cement use is one of the yardsticks to evaluate the developmental status of a na... |
Holcim mulls cement options14 December 2007, Published under Cement NewsHolcim is set to run its ruler over the New Zealand economy in determining how cement production options here compare with its other international investment opportunities. Holcim’s New Zealand subsidiary has just received interim resource consent to build a new $200 million cement plant at Weston, near Oamaru. A panel of commissioners will finalise the consent if Holcim satisfies a list of conditions covering operating hours, noise, air quality, and traffic management by next week. Holcim... |
Indonesian price hike feared due to higher production costs14 December 2007, Published under Cement NewsIndonesian cement producers will raise their selling prices by 5-10 per cent next year on rising production costs following a surge in energy prices, the Indonesian Cement Association (ASI) said. The price rise will likely put a brake on demand growth to 4 per cent next year from around six per cent this year, ASI chairman Urip Trimuryono said. "A number of large projects will likely delay buying cement hoping for the price to fall again", Trimuryono said. He said producers are forced to ... |
Indonesian cement consumption rises five per cent in November13 December 2007, Published under Cement NewsIndonesian domestic cement consumption rose five per cent in November on a year earlier and was 35 percent higher than in October, the Association of Cement Producers said Thursday. The association’s chairman, Urip Timuryono, said cement consumption bounced back to 3.38Mt in November after falling to 2.5Mt in October. The low base in October was largely due to a lengthy holiday, which meant there were fewer working days in the month. In November 2006, domestic cement consumption was... |
Atlas keen to set up new cement works, Poland13 December 2007, Published under Cement NewsThe Atlas group, which produces construction chemicals, plans to begin building a new cement plant in mid 2008. The company wants to have the plant up and running by the end of 2010. The undertaking will cost more than PLN 700m (EUR196.1m), according to estimates. Atlas will seek a partner to help it carry out the project, but stressed that it would not be working with any other cement concern currently present on the Polish market. The planned facility will have an output capacity of app... |