Cement News tagged under: international
ACC’s manufacturing cost highest in Indian industry17 October 2007, Published under Cement NewsThe company’s cement making cost is Rs1,529 per tonne, against the industry average of Rs1,056 per tonne The manufacturing cost per tonne of ACC Ltd, India’s largest cement manufacturer by capacity, is the highest in the Indian cement industry, say analysts. ACC’s manufacturing cost is Rs1,529 per tonne against the industry average of Rs1,056 per tonne. Birla Corp. Ltd has the second highest manufacturing cost, Rs1,339 per tonne, followed by UltraTech Cement Ltd, at Rs1,240 per ... |
Lanna To Sell Coal Project To Siam City Cement For THB40M17 October 2007, Published under Cement NewsLanna Resources signed an agreement to sell its lignite coal exploration project in Petchaboon, a province in northeastern Thailand, to its parent Siam City Cement for THB40 million (US$1.2m). According to preliminary exploration data, coal deposit at the project was found to be small with relatively low lignite reserves and quality, Lanna said in filing to the Stock Exchange of Thailand Tuesday. Siam City Cement, Thailand’s second-largest cement producer by sales, holds a 44.99% stake in ... |
Cement production in Ukraine up 12.1% in nine months17 October 2007, Published under Cement NewsCement production in Ukraine grew 12.1% in the first nine months of the year to 11.385 million tonnes, the State Statistics Committee said in a press release. Cement production in September totaled 1.515Mt, up 6.9% YoY and 3.5 per cent more than in August 2007, according to the press release. Cement production grew 12.9 per cent in 2006 to 13.732M |
Luzhkov calls for regulatory action over cost of cement, Russia16 October 2007, Published under Cement NewsMayor Yury Luzhkov said last week that he would seek action from the Federal Anti-Monopoly Service over concerns that lack of competition in the cement sector was stifling the country’s building boom. In a statement, the Mayor’s Office singled out for particular criticism acquisitions made in spring 2005 by leading market player Eurocement that raised the company’s share of the market dramatically. Creeping monopolization in the industry has led to a relentless rise in the cost of cement... |
Vietnam: Ha Tien 2 cement company sells shares16 October 2007, Published under Cement NewsHa Tien 2 Cement Company auctioned more than 21.9 million shares on the Ho Chi Minh City Stock Exchange on October 10. The shares sold to 619 investors at the average price of 26.242 VND each. Foreign investors acquired more than 4.7 million shares. Overall, there were 766 investors registered to buy more than 31.2 million shares. The cement company has a charter capital of 880 billion VND and specialises in producing and processing building materials. |
Grasim plans cement grinding plant in Punjab, India16 October 2007, Published under Cement NewsAditya Birla Group Company Grasim Industries today said it plans to set up a new cement grinding plant in Punjab with an investment of Rs 150-200 crore within a year, besides ramping up the capacity of its existing plant in the state. "We have not finalised the location as yet for setting up a new grinding plant in Punjab, but we will set up a new plant here which will have a capacity of 1.2-1.3Mta and it may take six months to one year," Grasim Industries Ltd Joint Executive Presiden... |
Jamaica sources cement for shortage16 October 2007, Published under Cement NewsThe Caribbean Cement Co. received permission from the government of Jamaica to import and export cement from its pier at Rockfort, East Kingston, Karl Samuda, minister of industry, commerce and technology told the local papers. The minister said at a press briefing that the company will import 18,000 tons of cement from the Dominican Republic and Colombia for the next few weeks shore up its production. “This will provide the Caribbean Cement with the flexibility in imports and enab... |
Turkish production grows 6% YoY in H116 October 2007, Published under Cement NewsCement production increased by 6% YoY and reached 23.66Mt in H1, according to Turkish cement manufacturers’ association (TCMA). Cement sales rose by 7.8% YoY to 20.9Mt in the same period. Cement exports continued to decline due to rising domestic demand as they fell by 1.8% YoY to 2.87Mt. Clinker production increased 7.62% YoY to 19.7Mt in H1. Most of the cement production took place in the Marmara region with 7.35Mt that is followed by the Central Anatolian region where 3.7Mt of cement were... |
August cement factory prices hit a slight rise16 October 2007, Published under Cement NewsChina’s cement factory price was CNY 239.23 per ton in August 2007, CNY 0.24 higher than that last month and CNY 7.94 higher than that in August 2006, according to a report by the National Development and Reform Commission on October 11, 2007. This August, cement factory prices in Hebei, Shandong, and Hunan were CNY 196.27, CNY 197.07, and CNY 259.04 per ton, CNY 0.54, CNY 1.42, and CNY 5.30 higher than those last month, CNY 0.59, CNY 2.08, and CNY 23.73 higher than those in August 2006,... |
August Cement factory prices hit slight rise16 October 2007, Published under Cement NewsChina’s cement factory price was CNY 239.23 per ton in August 2007, CNY 0.24 higher than that last month and CNY 7.94 higher than that in August 2006, according to a report by the National Development and Reform Commission on October 11, 2007. This August, cement factory prices in Hebei, Shandong, and Hunan were CNY 196.27, CNY 197.07, and CNY 259.04 per ton, CNY 0.54, CNY 1.42, and CNY 5.30 higher than those last month, CNY 0.59, CNY 2.08, and CNY 23.73 higher than those in August 2006,... |