Cement News tagged under: international
Thailand’s construction sector: all cement plants up price by Bt200-220/t29 November 2007, Published under Cement NewsAccording to cement sales agents, the top three cement makers, Siam Cement (SCC), Siam City Cement (SCCC) and TPI Polene (TPIPL), have announced an increase in ex-factory price by Bt200-220/tonne or around 11% effective early this week. This has come about quickly and is higher than forecast where is expected this increase next year and prices increasing by around Bt50-100/tonne. This increase is higher due to energy costs, especially for coal, along with electricity and diesel oil, which ha... |
China 2007 cement output to Hit 1.4bn tons28 November 2007, Published under Cement NewsChina’s cement output is expected to hit 1.4bn tons for the 2007 full year, up 14% YoY, said Kong Xiangzhong, secretary general of the China Cement Association. The cement industry’s profit in 2007 is predicted to reach CNY 20 billion and sales profit margin is to approach that in 2004. And there are widely acquisitions, merges, and reshuffles in related state-owned companies under the administration of State-owned Assets Supervision and Administration Commission of the State Council, China... |
Holcim gains interim consent for Oamaru plant, New Zealand28 November 2007, Published under Cement NewsHolcim New Zealand Ltd has gained interim resource consent to operate a new cement plant at Weston, near Oamaru. Holcim has until December 19 to respond to a range of conditions specified by the commissioners, covering hours of operation, noise, air quality, and traffic management. ``Obviously we are delighted that the commissioners have issued an interim decision so promptly,’’ Holcim capital projects manager, Ken Cowie, said. He said the ultimate go-ahead rested with its Swiss p... |
Regulator recommends lifting import duties, Russia28 November 2007, Published under Cement NewsThe Federal Anti-Monopoly Service (FAS) has submitted proposals to the government aimed at preventing further increases of cement prices, the regulator said. The proposals call for creating conditions for increasing cement production within the context of the national Affordable Housing project; lifting import duties and imposing export duties on cement as soon as possible; improving exchange trading of cement; conducting state intervention on the cement market through commodity exchang... |
GCC set to launch Pueblo, Colorado plant28 November 2007, Published under Cement NewsMore than four years after first announcing a Rocky Mountain market expansion, GCC Rio Grande (a subsidiary of Mexico’s Grupo Cementos de Chihuahua) plans a December 4 opening of a $200 million cement plant in Pueblo, Colo. With an eventual output capacity of 2900tpd or 1Mta, it stands to rank number two among production facilities in the state, behind Holcim (US) Inc.’s nearly 2Mta Florence plant. According to GCC, the operation will make use of the most advanced equipment and technology av... |
Cemex sees US sales volume down in 200828 November 2007, Published under Cement NewsCemex, the world’s top building materials company by revenue, is set to post its second consecutive annual decrease in U.S. cement sales volumes, the firm said on Tuesday. Cemex , which is facing a downturn in its top market as the U.S. housing market slumps, expects "a small decline" in U.S. cement sales volume next year, Francisco Garza, president of Cemex’s North America division, told reporters in the northern Mexican city of Monterrey. "Housing construction permits have been ... |
Lafarge to resume Meghalaya mining this week28 November 2007, Published under Cement NewsLafarge is resuming limestone quarrying operations and restarting movement of limestone to its Bangladesh plant this week after more than six months of complete halt at Nongtrai mine in Meghalaya. “Operations would resume as soon as we receive the certified copy of the Supreme Court’s order granting interim relief to restart operations, pronounced last Friday,” Mr Shivesh Sinha, the Development Director (Asia) of the company, told Business Line from Kuala Lumpur. He said that operat... |
Indian cement prices to remain stable28 November 2007, Published under Cement NewsCement prices in India have remained stable for the past few months and are expected to be "reasonable" in the near future, helped by capacity expansion and imports, an industry ministry official said on Tuesday. "Cement prices have been stable for quite some time," Ajay Shankar, a secretary at the industry ministry, told reporters after a business conference. "Cement industry is undergoing rapid expansion. With new plants coming on stream and liberal import regime, we hope the sit... |
Vicat helped by firm French volumes and prices27 November 2007, Published under Cement NewsVicat’s turnover for the first nine months of 2007 increased by 3.3% to EUR1,632m, which corresponds to a growth rate of 5.0% on a comparative basis, with the lower exchange rates for the US and Turkish currencies being a notable negative factor, with the United States also being hit by lower housebuilding activity and Turkey an intensively competitive market. The US share of turnover fell from 20.7% to 17.8%, while that of France rose from 44.2% to 45.7%. Turnover in cement improved by 5.... |
Egypt’s Orascom Construction nine month net up 40 per cent27 November 2007, Published under Cement NewsEgypt’s Orascom Construction Industries reported a 40 per cent rise in net income on Tuesday for the first nine months of 2007 to US$491.8m from $350.3m a year earlier. The Cairo-based group said in a statement that EBITDA rose 33 per cent in the same period to US$773.8m. Consolidated revenues grew 29 per cent to US$2.69bn. "Our cement group has steadily achieved critical milestones across its various ongoing greenfield cement projects," the firm said in a statement, adding that re... |