Cement News tagged under: international
Australian cement prices benefit from Chinese developments29 October 2007, Published under Cement NewsBoral’s Australian heavy building materials profits have started the year well and are expected to advance in 2007/08 on the back of better prices and volumes as well as increased operational efficiencies. A notable pricing example can be seen in Queensland, where an Aus$8 per tonne (US$7.20/tonne) price increase has recently been announced. This follows a strengthening of import parity prices as both Chinese export prices and freight rates have increased. In spite of the continued weakn... |
JK Cements net up 114 per cent29 October 2007, Published under Cement NewsJK Cements today posted a 114 per cent increase in net profit at Rs 72.7 crore in the quarter ended on September 30, compared to Rs 34 crore in the same quarter last fiscal. The turnover of the company rose 33 per cent to Rs 356.4 crore, against Rs 268.2 crore in the corresponding period a year ago, the company said in release. JK cement is one of the leading cement manufacturers in the country with a total capacity of 4.4Mta. |
Oborontsement to invest in cement plants in Belgorod region29 October 2007, Published under Cement NewsOborontsement ZAO plans to construct three cement plants in the Belgorod region with capacity of 3Mt each. Construction of the first two enterprises will begin in 2008, with commissioning in 2010. The cement plant in Alekseyevsky district of the same capacity will come on stream in 2012. Head of the economic development department of the government of the Belgorod region Aleksandr Levchenko said, Oborontsement studies raw materials deposits in the districts to specify the capacity of the plan... |
Rising cement sales buoy Grasim Q2 net29 October 2007, Published under Cement NewsDiversified Birla group company, Grasim Industries, has reported a 50% rise in its net profit for the second quarter, led mainly by its cement and viscose staple fibre businesses (VSF), two fast-growing sectors that feed the construction and garment industries. The company, which also has interests in chemicals, sponge iron and textiles, said its net profit in the July-September period rose to Rs 620 crore, from Rs 414 crore last year. Revenue grew 25% to Rs 3,973 crore in the same period. ... |
Uganda: Hima Cement Starts Shs185b New Factory29 October 2007, Published under Cement NewsPresident Yoweri Museveni has commissioned the construction of a Shs185 billion cement plant in Kasese, the third of its kind in the country. The investment by Hima Cement, a subsidiary of France-based Lafarge Group, will boost production capacity from the current 350,000t to 830,000tpa. Speaking at the colourful function on October 26, Lafarge Group Chief Executive Officer Bruno Lafont said when completed and commissioned in 2010, the facility will include the installation of additional cl... |
KCL assures govt to complete work on Khrew plant by April ’0829 October 2007, Published under Cement NewsThe Jammu and Kashmir Cements (JKCL) on Saturday assured the state Chief Minister Ghulam Nabi Azad that work on its new cement plant at Khrew will be completed by April next. The board of directors of JKCL meet today and assured the Chief Minister to complete work on the 600tpd capacity plant by April, 2008, sources said. Earlier, the Chief Minister had asked JKCL to ensure commissioning of the cement plant by April 2008, so that the cement from the new plant hits the market at the start of... |
Buzzi Unicem advances in Eastern Europe26 October 2007, Published under Cement NewsBuzzi Unicem’s turnover for the first nine months of the year improved by 10.1% to EUR2,618m, which, after allowing for a EUR 83m positive effect from acquisitions and a EUR 75m negative impact from exchange rate movements represented an underlying sales increase of 9.8%. Net debt at the end of September was 13.6% higher at EUR 692m. Cement shipments for the nine months were 4.3% ahead at 25.9Mt, with the strongest growth coming from central and eastern Europe and from Mexico, w... |
Taiwan Cement to continue expansion in China26 October 2007, Published under Cement NewsTaiwan Cement Corp will continue expansion in China, with the company’s chairman Koo Cheng-yun expecting the country’s cement market to enjoy strong growth until 2020, local news reported. Taiwan Cement’s annual capacity in China is slated to reach 25Mt by end-2008 before rising further to 50Mt in 2012, the report said. Separately, the daily quoted Taiwan Cement’s senior vice president Edward Huang as saying that the company is seeking government approval to raise cement prices in Taiwan... |
Heidelberg?ement appointments, Ukraine26 October 2007, Published under Cement NewsHeidelbergСement Group has appointed Stanyslav Lysenko as chairman of Dontsement company (Amvrosiivka, Donetsk region) and Kryvyi Rih Cement (Dnipropetrovsk region). According to the statement, Lysenko will take over as the board chairman of Dontsement and Kryvyi Rih Cement on January 1, 2008. "Panchenko worked at the HeidelbergСement Group’s Ukrainian enterprises in July 2003 in the capacity of technical director," the statement says. Before joining the HeidelbergСement Gro... |
MECHEL to construct cement plant, Russia26 October 2007, Published under Cement NewsFollowing Iskander Makhmudov’s Ural Mining and Metal Company, the MECHEL steel group is considering building a clinker plant, with a capacity of 1Mt, in Beloretsk, Bashkortostan (clinker is a raw material for cement production) The plant will be built next to the Pugachev limestone deposit, owned by MECHEL. Production is scheduled to begin in late 2008 or early 2009. Analysts believe MECHEL will have time to earn on the project, despite the large number of the ongoing projects in the indust... |