Cement News tagged under: international
India: Ambuja Cements November production up 6.7 per cent at 14 lakh tonnes04 December 2007, Published under Cement NewsAmbuja Cements today said its production for the month of November, 2007 has gone up by 6.7 per cent at 14 lakh tonnes as against 13.12 lakhs in the same month last year. Despatch has also increased by 3.81 per cent during the month to 13.6 lakh tonnes as compared to 13.1 lakh tonnes in November, 2006, the cement maker said in a release here. During the first 11 months ending November 30, 2007, the company has registered a 3.04 per cent increase in production at 154.16 lakh tonnes as again... |
India: ACC Limited - cement production - Nov 0704 December 2007, Published under Cement NewsOur cement production and despatch figures for the month of November 2007, are as follows: November 2007 Cement production 1.59 million tonnes Cement despatches 1.58 million tonnes. November 2006 Cement production 1.57 million tonnes Cement despatches 1.53 million tonnes Cumulative January - November 2007 Cement production 18.34 million tonnes Cement despatches 18.31 million tonnes January - November 2006 Cement production 17.08 million tonnes Cement despatches 17.05 million tonnes R Nand K... |
Aditya Birla Nov cement shipments down 6.8 per cent YoY04 December 2007, Published under Cement NewsIndia’s Aditya Birla Group said on Monday its cement shipments in November fell 6.8 per cent from a year earlier to 2.30Mt. It said cement production fell 5.5 per cent to 2.34Mt. The group includes flagship Grasim Industries Ltd and UltraTech Cement Ltd , with a combined cement making capacity of more than 31Mt. |
Cemex completes US$250mn divestment of US assets03 December 2007, Published under Cement NewsMexican cement company Cemex reported it has wrapped up the sale of its operations in the US states of Arizona and Florida to Ireland-based building materials group CRH, bringing in some US$250mn. US regulators obliged Cemex to divest the assets following its US$14bn acquisition of Australian cement company Rinker in July. The Mexican giant plans to use the proceeds of the sale to reduce debt, it said in a statement. The Florida operations are 26 ready-mix concrete plants and six block plant... |
Lafarge, Shui On and Yunnan to produce building materials03 December 2007, Published under Cement NewsThe Yunnan province of China has signed a strategic cooperation agreement with France’s Lafarge and Hong Kong’s Shui On Construction and Materials Limited (SOCAM) to develop the building materials industry in Yunnan. The agreement states that Lafarge will invest more than US$600 million to speed up modernization of equipments to produce cement, ready-mix concrete, construction aggregates and plasterboard. By 2010, Lafarge will produce at least an additional 10 million tons of new cement and... |
Cement prices to rise in Andhra Pradesh, Maharashtra03 December 2007, Published under Cement NewsCement companies in Andhra Pradesh and Maharashtra have decided to hike prices by Rs 5 per bag as construction activity gathers momentum after the end of the monsoon season. "Cement majors in Andhra Pradesh and Maharashtra have announced a price hike of Rs 5 per bag and other regions are likely to follow suit soon. Post-price hike, wholesale cement prices in Maharashtra will stand at Rs 245-250 per bag and at Rs 230 per bag in AP," Sandeep Nanda, executive vice-president of brokerage firm S... |
Republic Cement wins bid to acquire quarry operations03 December 2007, Published under Cement NewsRepublic Cement Corp Monday said a consortium it formed with Lafarge Holdings (Philippines) Inc has won the bidding for certain assets and operations of Concrete Aggregates Corp’s (CA) basalt quarry in Rizal. The consortium offered PHP670m (US$15.8m) to acquire all shares of a new company that Concrete Aggregates is setting up to hold its aggregates operations. Republic Cement said the new company will pay Concrete Aggregates royalty fees during the term of the operating agreement. The dea... |
Burnpur Cement plans IPO (the company intends to set up a plant with a capacity of 800tpd)03 December 2007, Published under Cement NewsBurnpur Cement Ltd is planning to float an initial public offer (IPO) of 2,19,00,000 equity shares of Rs10 each at a premium of Rs2 a share. The issue will open on 28 Nov 2007 and close on 3 Dec 2007. The company intends to list the shares on the Bombay Stock Exchange and the National Stock Exchange. Burnpur Cement intends to use the proceeds to set up a clinkerisation and cement grinding plant with a capacity of 800 tonnes a day in Jharkhand. |
Cement industry to explore alternate/non-conventional sources of energy03 December 2007, Published under Cement NewsThe cement industry should explore alternate/non-conventional sources of energy. With the ever-growing thrust on conservation of fossil fuel resources, Shri N.N. Prasad, Joint Secretary, Department of Industrial Policy & Promotion (DIPP), has emphasised that there is a need for integrating the alternate and renewable energy into the system. “I understand that the cement industry has already made a beginning in this direction. Some of the cement plants have tried waste derived fuels in the ... |
Cimpor acquires 80 per cent stake in Peruvian cement company03 December 2007, Published under Cement NewsPortuguese cement company Cimpor announced in Lisbon that it has acquired an 80 percent stake in Peruvian company Cementos Otorongo SAC for about 12.8 million Euro. This acquisition is part of an operation to increase the company’s capital, Portugal Post reported. According to a statement issued on its webpage, Cimpor said that Cementos Otorongo was the owner of a number of reserves of raw materials that could be used for manufacturing clinker and cement, and it already had authorisa... |