Cement News tagged under: international
Brisk business in Finland pushes up prices25 September 2007, Published under Cement NewsCement demand in Finland is exceeding all expectations this year. When compared with 2006, deliveries are reportedly up by 20 per cent say local producers. Local manufacturer Finnsementi has found it difficult to meet the markets requirements, it is claimed despite the commissioning of a new line at its main works. Accordingly, it has shipped in clinker and cement from Germany, Sweden, Estonia and Egypt, with reports that some clinker has even arrived from afar afield as Thailand and Chin... |
Katrana Cement awards contract to Mid-Contracting25 September 2007, Published under Cement NewsKatrana Cement Company of Jordan has awarded local company, Mid-Contracting, the contract to carry out the civil work and construction of its new 1.2Mta cement works. Eng. Sami Shubaily, of Katrana Cement Company said: "Our choice of Mid-Contracting is within the company’s policy of investing in the national expertise and competencies in order to achieve the project’s main objectives which aim at contributing to the Kingdom’s industrial and construction development.” Katrana Cement is expec... |
New cement works for Guangxi Longan County25 September 2007, Published under Cement NewsA new cement works is to be built in Guangxi Longan County, China, by local conglomerate the Xianglu Tenglong Group. The new 5000tpd plant will have two production lines and represents an investment of US$160m. The first stage of development starts construction in mid-2008 with completion due for March 2010, resulting in a production line with production capacity close to 2Mta of cement. The second line will be commissioned shortly thereafter. |
Lafarge to see firmer demand for cement next year, Malaysia24 September 2007, Published under Cement NewsLafarge Malayan Cement Bhd is expected to see firmer demand next year as the bulk of the Ninth Malaysia Plan (9MP) projects would be implemented then. AmResearch said in a report that Lafarge’s domestic cement demand was likely to rise by 4% in the next two years from 1% this year. “Our channel checks revealed that up to RM35bil worth of mega projects are likely to commence by end of 2007,” the bank-backed research house said. Despite the contraction in local cement demand during the... |
Cement supply stabilises as govt eases import rules, Qatar24 September 2007, Published under Cement NewsThe relaxation in import procedures and the “production boost” in Saudi Arabia has stabilised cement supply in Qatar. Cement price which had scaled up considerably due to chronic shortage has also fallen, industry sources said yesterday. The shortage of cement as well as sand had hit the local construction sector hard, forcing many contractors to import these materials at higher costs and slow pedal on new work bids, till recently. Industry sources yesterday said the cement price had fall... |
Chinese company starts building Batis Cement Factory24 September 2007, Published under Cement NewsA Chinese company has started building the Batis Cement Factory at cost over $240 million, which is one of the largest private sector investments in the province. Nasser al-Fadhli, the general secretary of the local council in Abyan, and Deputy Governor Mohammed al-Dahbali, paid a visit to the site to inspect progress. The project’s supervisors gave the two officials a detailed account of the stages of the project, which will cover an area of 800 square km with a production capacity of 1... |
Holcim picks up 3.9 per cent stake in Ambuja Cements, India24 September 2007, Published under Cement NewsHolcim today consolidated its holdings in Ambuja Cements to 36.2 per cent after picking up 3.9 per cent stake in the domestic firm for Rs 924 crore in open market transactions. Holcim’s subsidiary Holdering Investments bought six crore equity shares, representing 3.9 per cent stake, of Ambuja Cements at a price of Rs 154 each in a block deal at the Bombay Stock Exchange. Holcim bought the shares from two promoter group firms of Ambuja Cements -- Radha Madhav Investments Ltd and RK... |
Colombian cement sales up 5.4 per cent YoY Aug 200724 September 2007, Published under Cement NewsSales of grey cement in Colombia stood at 768,375t in August 2007, up 5.4 per cent YoY according to data of the national cement producers’ institute ICPC. The volume represents an all time monthly record, despite the growth rate has been one of the lowest since the beginning of the year. Grey cement sales rose by 11.7 per cent YoY reaching 5.856Mt in January to August 2007. The result stands close to the sales of 5.953Mt registered in the same period of the previous year. Sales ... |
Chinese build for Prosperity24 September 2007, Published under Cement NewsChina’s construction industries will continue to grow strongly despite the completion of major projects connected with the 2008 Beijing Olympics, according to Patrick Li, chief financial officer of Alternative Investment Market-listed cement maker Prosperity Mineral Holdings. ’The price of cement is rising strongly but demand is also going up,’ he said. ’Continuing industrial development has been joined by preparations for the Asian Games in Guangzhou in 2010.’ Prosperity’s op... |
Ambuja Cement plans major expansion in Himachal24 September 2007, Published under Cement NewsAmbuja Cement Limited (ACL) is planning a major expansion in Himachal Pradesh. The company which has a cement plant at Darlaghat in Solan with a capacity of 2Mta is planning to enhance capacity by another 2Mta with a total investment of Rs 700 crore in a phased manner. It is further planning to double the headcount at the plant which currently stands at 1,000. The company also has plans to put up a clinker grinding unit in Nalagarh in Himachal with a capacity of 1Mta. "The expansion project ... |