Cement News tagged under: international
Shortfalls in Russian cement output02 October 2007, Published under Cement NewsShortages in the country’s cement and building materials industry could hold back the rate of real estate development, First Deputy Prime Minister Dmitry Medvedev has said. Commenting on the government’s long-term home construction plans during a trip to the Tula region Wednesday, Medvedev highlighted the importance of the sector and potential indirect effects for the rest of the industry. "Russia is on the cusp of a building boom," Medvedev said. The state is set to review its strategy for ... |
New plant for Pahang, Malaysia02 October 2007, Published under Cement NewsA cement factory costing RM1 billion will be built at Merapoh near here, said Pahang Menteri Besar Datuk Seri Adnan Yaakub. He said the state government had approved a 400 hectare site for the cement factory. The cement plant (and an iron ore mine) will be built jointly by the Pahang state government and local companies. Adnan said Merapoh and its surrounding areas have rich raw materials of quality to support the cement and iron ore factories for over 50 years. "Land clearing work for the... |
Orient to cut costs, add capacity02 October 2007, Published under Cement NewsIndia’s Orient Paper and Industries Ltd (OPIL), a C K Birla group company with interest in cement, paper and electric fans, has embarked on a cost-cutting exercise to enhance profitability. The company is setting up a 50MW coal-fired captive power plant for its cement business. Slated to go on stream by March 2009, the plant will result in a per-unit saving of Rs 1 and overall savings of Rs 33 crore at the operating level in FY09. OPIL is also expanding the cement and clinker capacity in p... |
ACC wants higher prices02 October 2007, Published under Cement NewsConstruction activities are gathering momentum after the rains and cement prices are hitting new highs. But Sumit Banerjee, Managing Director of India’s largest cement maker ACC says companies need to hike prices further to protect their margins as cost pressures are beginning to hurt. But will cement imports ease the price situation? ACC feels that is unlikely as the entire Asia Pacific region is reeling due to tight supply situation and poor infrastructure is making imports uneconomical. ... |
Modernisation completed at Vicat site02 October 2007, Published under Cement NewsVicat has invested Euro 51m in the course of a two-year period, in the modernisation of its production site in Montalieu in the Isere department of France. In the last stage of the investment programme, a conveyor is reported to have been installed between the Enieu quarry and the production site to take the place of road transport, along with a unit for prehomogenisation of marl with storage capacity of 30,000 tonnes. New clinker production lines will, in two stages, increase daily capacity... |
Nusantara seeks funds to acquire cement company01 October 2007, Published under Cement NewsPT Nusantara Infrastructure Tbk is seeking IDR600 billion - IDR700 billion loans in Singapore and Hong Kong to acquire cement manufacturing company. Nusantara Infrastructure’s President Director M. Ramdani said the company needs IDR1.8 trillion to acquire cement-company this year. "The cement company is negotiating with the creditor as after the acquisition Nusantara will take over all assets and liabilities of the company," he told Bisnis Indonesia over the weekend. Nusantara, he said, is... |
Holcim’s French port investment01 October 2007, Published under Cement NewsHolcim will invest Euro 48m in the northern French port of Rouen, local media reported on September 28, 2007. The investment will fund the construction of a 70,000 sq m facility for the storage of slag and clinker and the installation of a cement grinding facility. The site will be operational in 2009 and will produce 580,000t of cement products. |
Philippine cement importer faces fines01 October 2007, Published under Cement NewsLawyer Rafael de la Torre, a consumer rights advocate, has vowed to file a lawsuit against Korean shipyard and trading company Hanjin for possibly violating Philippine trade and industry laws. De la Torre said Hanjin refused to subject 3000 bags of cement imported from China to a retest by the trade department. The cement imported by Hanjin failed the test the first time, the department said. De la Torre said the legal action is meant to “protect the consumers from a possible proliferation... |
PM rebukes Carib Cement01 October 2007, Published under Cement NewsJamaican Minister Bruce Golding Thursday night chided the Caribbean Cement Company for what he described as a ’less than encouraging corporate behaviour’ in implementing an 8.5 per cent price increase following a production shortfall. But it was the decision by the island’s sole manufacturer of cement to export cement to Suriname after the company told the nation that it could not supply the local demand, that truly concerned the prime minister. Golding, speaking at the official opening of... |
Nigerian cement imports01 October 2007, Published under Cement NewsBuilders under the umbrella of the Nigeria Institution of Building (NIOB) have commended President Umaru Musa Yar’Adua on the proposal to lift the ban on the importation of cement. But they also warned that caution should be applied so that it would not be abused when it commenced. According to the chairman, NIOB, Lagos State chapter, Mr Jacob Dada, the proposed lifting of the ban on the importation of cement would help to bring down the high cost of cement. However, he said that the men of... |