Cement News tagged under: international
Ultratech Cement operations at Kovaya stopped due to flood27 September 2007, Published under Cement NewsUltratech Cement Ltd has announced that Heavy rains in the Amreli district of Gujarat have resulted in floods in the area. As a result, operations at the Company’s cement plant (Gujarat Cement Works) situated at Kovaya in Amreli has been stopped since September 25, 2007. The Company is assessing the losses, if any. However, the plant is adequately covered under insurance. |
Chinese cement industry recovery is on track27 September 2007, Published under Cement NewsYear to date, cement prices in Guangdong province have increased by RMB 50-60/t, or 16.7-20 per cent, to RMB350-360/t. This is reported to be because of the cracking down on low-quality cement, robust demand and seasonal cement output reduction - report analysts at Deutche Bank in Taiwan. In 3Q07, most of the cement makers in this region, including Taiwan Cement Company (TCC), were forced on reducing their operating rate to 50-70% due to a shortage of electricity. As a result, cement suppl... |
Ethiopia gets $208 mln China loan for power, cement26 September 2007, Published under Cement NewsEthiopia on Tuesday signed a $208 million loan agreement with China, to finance new power generation and expand a cement factory, the Horn of Africa country’s finance minister said. Economic powerhouse China has been wooing African countries with aid and loans in a bid to better access the continents raw materials and consumer markets, to feed its exploding economy. "The loan with China’s Import Bank and the state-owned, Commercial Bank of Ethiopia will be used to finance expansion of a ce... |
Turk cement firms to import 30% more coal by 200926 September 2007, Published under Cement NewsTurkey’s cement producers will import 30 per cent more coal by the end of next year compared with 2006, the chief coal purchaser for Turkey at concrete maker Cimpor Yibitas said. Turkey is the third largest cement manufacturer among European nations, Askin Soyer said. A construction boom in eastern Europe and the Middle East is boosting the sector’s growth further. "In 2008 coal consumption will be 7 million tonnes, then imports will account for 3.5Mt," Soyer, head of purchasing for... |
Construction begins on Tongchuan Shengwei’s second production line26 September 2007, Published under Cement NewsConstruction on the second 4500tpd cement clinker production line of Tongchuan Shengwei Building Material Co, Ltd began on September 20th, according to latest information from the company. Total investment in the second and third phases of the company’s project exceeds RMB1bn. Upon completion of the project, the company’s production capacity in Shaanxi Province’s Tongchuan City will reach 5mt of cement clinker and 6mt of cement annually, thus making it the largest cement producer in Shaanxi ... |
New cement plant built in Quang Ninh province26 September 2007, Published under Cement NewsHa Long cement joint stock company, a joint-venture between Song Da construction corporation and Vietnam Oil and Gas Group, is building its 2.02Mt plant. The 5.26 trillion VND (328 million USD) plant’s facilities will be built in Hoanh Bo, Quang Ninh. A clinker grinding facility will also be built in Hiep Phuoc industrial zone, Ho Chi Minh City. The plant is expected to be operational in 2008. |
Cement companies queue up for facilities near mega power plants26 September 2007, Published under Cement NewsPlans to build several 4,000MW ultra mega power projects in India are expected to have an interesting fallout—a major expansion of cement manufacturing capacity. Cement companies such as Grasim Industries Ltd, L&T Ultratech Ltd, Sanghi Cement Ltd, The India Cements Ltd, Zuari Cements Ltd and My Home Industries Ltd, among others, have evinced interest to set up greenfield cement plants in the projects’ vicinity in order to utilize the fly ash that would be generated from them. “What was a w... |
Lucky Cement likely to be key beneficiary26 September 2007, Published under Cement NewsLucky Cement is likely to be the biggest beneficiary of the ongoing regional cement supply shortfall in the Middle East and India as it is the only cement producer located near the Karachi port. As a leader in terms of capacity, Lucky Cement is to divert a major portion of its production towards cement exports over the next two-and-a-half years in relation with the export window which would allow Lucky Cement to record a two-year (2008-2009) export growth CAGR of 48 per cent. However, by en... |
Basel Cement restarts Achinsk cement plant25 September 2007, Published under Cement NewsBasel Cement has restarted cement deliveries from its Achinsk cement plant, the company’s first cement works in Russia. "BaselCement has an extensive program to launch cement plants in Russia and abroad. The Achinsk cement plant is our first plant in Russia," said Dmitry Savenkov, CEO of Basel Cement and according to local reports the plant is already sold out for the next two months. Meanwhile, a company spokeman added that investment in the relaunch of the Achinsk cement plant totaled ju... |
Orenburg region cement plant goes to Dyckerhoff25 September 2007, Published under Cement NewsThe local government of the Orenburg Region, one of russia’s largest regions has chosen Dyckerhoff AG as investor for the construction of a cement in Abkbulaksky district according to local sources. Construction will start in January 2008 and is expected to be completed by 2011. The 1.8Mta plant will be built near the local chalk fields that holds 106.4Mt of proven reserves. Its product is destined for both local and markets further afield. The Orenburg Region is one of the largest regio... |