Cement News tagged under: international
SABS is New Regulator for Cement Industry15 August 2007, Published under Cement NewsThe South African Bureau of Standards (SABS) is to take over as the regulator in the cement industry from the Department of Trade and Industry (dti). This announcement was made at a cement industry meeting held in Pretoria, Tuesday. The Director of Legal Support and Prosecutions at the dti, Sipho Tleane said: "We have been regulating cement for the past 10 years, now the dti is giving the regulatory function over to the SABS." Mr Tleane explained the department had been using the Consumer ... |
Indonesian July cement consumption up 10.5 pct y/y14 August 2007, Published under Cement NewsIndonesian cement consumption in July rose 10.5 per cent from a year ago, as the construction sector received a boost from lower interest rates and new infrastructure projects, the country’s cement association said on Tuesday. Urip Timuryono, the chairman of Indonesia’s cement association, told Reuters that Southeast Asia’s largest economy consumed 3.08 million tonnes of the building material in July, up from 2.79 million in the same month of 2006. July’s cement consumption took the ... |
VDB to lend to Hoa Phat Cement Project14 August 2007, Published under Cement NewsVietnam Development Bank (VDB) will provide a credit worth VND810 billion ($50.62 million) for Hoa Phat Cement Stock Company to build a cement plant with capacity of three million tons a year in Ha Nam province. The credit contract was signed by representatives from the company and the branch of VDB in the province on August 8. The loan, which has term of 10 years and interest rate of 8.4% per annum¸ will meet partial demand for investment capital of the plant which is designed with ... |
Focus on Pakistan14 August 2007, Published under Cement NewsDemand for cement has shown a robust growth of 24 per cent during the last fiscal year ended June, 2007. The growth momentum in the demand which started in the year 2002-03 at 12 per cent, kept on accelerating till it culminated at 24 per cent – reports the Business Recorder. Domestic sales have moved up from 10.98Mt in 2002-03 to 21.03Mt for the2006-07 while cement exports have increased from 0.43Mt to 3.19Mt over this same time frame. Currently Pakistani clinker is being exported t... |
Cement Producers expect higher profits in 200814 August 2007, Published under Cement NewsAiming to boost their market shares, Taiwanese domestic cement producers, including Taiwan Cement Corp., Asia Cement Corp., Universal Cement Corp. and Goldsun Development & Construction Co., will continue investing in mainland China this year. An industry insider estimated the four above-mentioned cement producers will invest a total of over NT$20 billion (US$609.75 million at US$1:NT$32.8) in the mainland this year, with such considerable, continued investment to yield reassuring profi... |
Argentine cement output up in Jul14 August 2007, Published under Cement NewsArgentina’s production of Portland cement rose 10.9 per cent year-on-year in July 2007, the Association of Portland cement makers (AFCP) said on August 13, 2007. When compared to June 2007, Argentina’s production of Portland cement went up by 2.3 per cent. The sales of Portland cement, including exports, totalled 816,434 tonnes in July 2007. Portland cement sales on the domestic market, imported cement included, totalled 824,601 tonnes, up 12.4 per cent year-on-year and 3.7 pct= month-o... |
KVDA gets cement bids for Kerio Valley Plant14 August 2007, Published under Cement NewsThe Kerio Valley Development Authority, Kenya has finally found investors willing to put up a cement factory in West Pokot District. KVDA Chairman, Mr Joshua Leparashau, yesterday said investors from China and India had bid to set up a plant in the area to process up to 300,000 of cement annually. "We are in the final process of studying their bids and should be able to know who will be setting up the factory in a week’s time," Leparashau said during a media briefing at his office in El... |
New cement, limestone plant planned for St Ann, Canada14 August 2007, Published under Cement NewsLydford Mining Company, a limestone quarrying outfit that operates out of St Ann, has finalised an agreement with Canadian investors that will see the local operations expand its output to five million tonnes a year and bring online a 1.5 million tonne-a-year cement plant by the end of 2009. The investment is expected to cost US$200 million ($13.8 billion) and is largely geared at fulfilling demand for the products in the US. "An estimated 90 per cent of the products will be exported t... |
Venezuela orders takeover of Andino13 August 2007, Published under Cement NewsVenezuela has ordered the "forced acquisition" of the assets of cement maker Cemento Andino, owned by Colombia’s Cementos Argos , the official gazette circulating on Friday said. Venezuela’s legislature last week called for the state takeover of Cemento Andino as part of efforts to promote economic development, prompting Argos to request that it receive a fair price for its assets. The government of leftist President Hugo Chavez will take over buildings and land located in the wester... |
Arabian Cement firms up its Jordanian factory plans13 August 2007, Published under Cement NewsThe establishment of a cement factory in the Jordanian city of Al Qatranah has moved a step nearer with the firm behind the project, Saudi Arabia’s Arabian Cement Company, awarding the $110m construction contract to Germany’s KHD Humboldt. The new plant, which is expected to come on stream some time in 2009, will generate around two million tonnes of cement per annum, or more than 5,000 tonnes per day. The cement will primarily supply Jordan’s domestic market but it is likely some will b... |