Cement News tagged under: international
Panama public works face possible cement shortage in 200812 December 2007, Published under Cement NewsPublic works in Panama face cement shortages from 2008 onwards if manufacturers Cemex and Cemento Panamá, who control the local market, fail to conclude expansions at their facilities valued at US$300mn, daily Capital Financiero reported. Expansion plans are due to bring capacity to 3.2Mta. Nevertheless, the present situation indicates the industry will be 800,000t short, considering that current combined production at both companies’ plants is 1.4Mt and 1Mt had to be imported this year... |
Vietnam investors propose more cement projects12 December 2007, Published under Cement NewsSeveral cement producers are seeking permission from the Vietnamese Ministry of Construction to build new plants, as cement demand is forecast to increase in the future, Saigon Times newspaper said Wednesday. Holcim, one of the country’s leading cement makers, plans a 3.5Mt plant, and Bac Kan is mulling a new 900,000-ton factory. Luksvaxi, Phuc Son, Hoa Phat and Nam Dong are queuing for licenses to build plants with annual capacity of 1.8Mt. If $1 billion is invested in infrastruct... |
Siam Cement sees 2007 cement sales down 5-6 per cent12 December 2007, Published under Cement NewsSiam Cement , Thailand’s biggest cement maker, said on Tuesday its cement sales would fall 5-6 per cent this year as a slowing domestic economy hurt demand. "Our cement sales this year should fall by five to six percent from the 18Mt of last year," cement division chief Pramote Techasupatkul told reporters. Domestic cement consumption would fall by about five percent from last year’s 28-29Mt and the company aimed to boost cement exports to growing markets such as India, he said. ... |
Hanson cement considers moving planned quarry pit12 December 2007, Published under Cement NewsHanson Permanente Cement may shift its plans for a controversial new quarry pit after it drew mountains of criticism. "At the request of the community, we are now considering an alternative site on the property for exploration, which is farther away from the Cupertino neighbourhood," said Marvin Howell, a Hanson Aggregates West land-entitlement and realestate director, in a statement. He did not elaborate. During two meetings held in June and July, local residents complained that the new p... |
Luzhkov urges anti-monopoly service to curb cement prices, Russia12 December 2007, Published under Cement NewsMoscow city mayor Yuri Luzhkov has addressed the government with a request to instruct the federal anti-monopoly service to look in what is happening with cement prices. He said the government supported the Moscow city authorities’ initiative to reduce telephone tariffs. “We expect the same reaction to cement prices. Until now the federal anti-monopoly services takes no actions in relation to the monopolies that set cement prices,” Luzhkov said. “Cement is a bread for the cons... |
Holcim (New Zealand) new appointments12 December 2007, Published under Cement NewsHolcim (New Zealand) has announced the appointment of three new board members - former Cabinet Minister Simon Upton, Paul O’Callaghan and Holcim managing director Jeremy Smith. |
TPI Polene gets one-year extension for reorganisation plan12 December 2007, Published under Cement NewsTPI Polene PCL, Thailand’s third largest cement maker, said Wednesday the Central Bankruptcy Court has approved Tuesday’s request from the company and its subsidiary to extend the implementation period of its business reorganisation plan for another year. The company built up huge foreign currency debt, which it was unable to pay after the baht was floated in 1997. The court extended the period to the end of December 2008, the company said in a statement to the Stock Exchange of Th... |
Prosperity Minerals Q2 pretax rises11 December 2007, Published under Cement NewsProsperity Minerals Holdings Ltd said its second quarter pretax rose by 115 per cent due to higher demand for cement and iron ore in its main market, the Guangdong Province in China. The company, which has a cement manufacturing and iron ore trading business in China said its pretax profit for the second quarter ended Sept 30 rose to US$11.2m from US$5.2m, while revenues grew 40 per cent to US$104m from US$74.4m a year ago. It said the demand for cement and coal remains strong, wit... |
Semapa confirms in talks over possible buy of 50 per cent of Libya’s Al-Ahlia11 December 2007, Published under Cement NewsSemapa SGPS confirmed its Secil cement unit is in talks with Libya’s Al-Ahlia Cement Company over the possible acquisition of 50 per cent of the construction materials group. A Semapa spokesman confirmed reports that both companies have signed a declaration of intention which is hoped to lead to a memorandum of understanding soon. Press reports cited statements by both Portuguese and Libyan governments and coinciding with the official visit by Libyan leader Muammar Gaddafi, which ex... |
Unesid and Oficemen sign agreement, Spain11 December 2007, Published under Cement NewsThe Spanish cement manufacturers’ association, Oficemen, has signed a cooperation agreement with the Spanish steelmakers’ association, Unesid. Under the terms of the agreement, byproducts of furnace steelworks will be used to produce clinker. The agreement also provides for the creation of a technical committee consisting of members of Unesid and Oficemen. Both associations have emphasised that the use of these byproducts in clinker production will have a positive impact on the environm... |