Cement News tagged under: international
Nalco eyes cement manufacturing, India25 July 2007, Published under Cement NewsNational Aluminium Company Ltd (Nalco), the country’s second largest aluminium producer, is planning to get into cement manufacturing business and is looking at a tie-up with established domestic or global cement players to float a medium- to large-size cement plant. The State-owned company is currently scouting for joint venture partners to set up the cement plant and plans to use fly ash generated at its captive power plant at Angul in Orissa and convert it into saleable products, industr... |
Zimbabwe: cement shortage looms after price blitz24 July 2007, Published under Cement NewsZimbabwe faces a cement shortage following a cement manufacturing giant’s decision to stop production for the local market in protest against the government order to roll back the prices. Authoritative sources said last week Portland Holdings Limited (PHL) had ceased production after incurring huge losses when they sold the cement at pre-June 18 levels, as ordered by the government. The largest cement producer is part of South Africa’s Pretoria Portland Cement (PPC). Producti... |
Indocement to expand capacity to 20Mt24 July 2007, Published under Cement NewsPublicly listed cement producer PT Indocement Tunggal Parkarsa said it will increase its production capacity to 20Mt in 2009 from 15.5Mt at present. The country’s second largest cement producer is expanding capacity to meet growing market demand for the building material. The company will not build new factories to increase its capacity but it will expand the capacity of its existing factories, Lavalle said. The company, which is 65.12 per cent owned by HeidelbergCement alrea... |
Holcim reviews Weston submissions, New Zealand24 July 2007, Published under Cement NewsHolcim New Zealand is distributing this week around 8000 copies of its latest newsletter on its Weston Option cement plant to households in the Oamaru district. Paul Commons, General Manager, Strategy and Development for Holcim New Zealand says Holcim is keen to address the topics that have been coming through in the public submissions on the companys resource consent applications. We have been reviewing the resource consent submissions in preparation for the 20 August hearing and... |
Saudi Arabia sees 37Mt cement production24 July 2007, Published under Cement NewsA recently released study by the Consulting Center for Finance and Investment (CCFI) of Saudi Arabia, estimates the Kingdom’s cement production capacity will reach 37Mt by the end of the current year. Six cement companies are expected to complete expansion projects this year. As a result, the cement production capacity will rise to 37Mt, up from 27Mt. |
Brazil: Cement manufacturers prefer direct distribution24 July 2007, Published under Cement NewsHolcim is reorganising distribution channels in Brazil seeking to be present in selling points targeted to individual consumers, which commercial manager Eduardo Garrocho, sees as the fast growing segment in the market nowadays. Actually Holcim competitors use to earmark 70% of sales to these selling points and Holcim only 50%. The move is accompanies by a new visual communication in the cement bags earmarked for individual consumers and a renewed R$5mil marketing & advertising campaign. G... |
Lafarge to approve US$41m Ventanas project design by year-end24 July 2007, Published under Cement NewsThe Chilean unit of Lafarge is expected to approve the final project to invest US$41m in the construction of a new milling plant in Ventanas in central region V. Lafarge Chile - formerly known as Cementos Melón - will build a 600,000tpa capacity plant in the area’s Puchuncaví district. The plant is due to start operations by end-2009 and will be fully financed by the company, Lafarge told securities regulator SVS in a statement submitted in the beginning of the month. The project a... |
Govt inches closer to cement import, India24 July 2007, Published under Cement NewsNearly two months after it made public its intention to allow import of cement certified by international agencies, the government has set out to designate these agencies. The process is likely to be completed in a month. The actual import through this process, however, may take over two months belying hopes of early import from foreign manufacturers, mainly in Pakistan, Foreign manufacturers need Bureau of Indian Standards (BIS) quality certification to be able to export cement to India. ... |
Taiwan Cement, Asia Cement reap rich harvests in China23 July 2007, Published under Cement NewsTaiwan’s two leading cement producers, namely Taiwan Cement Corporation and Asia Cement Corporation, are reaping harvests in mainland China. Taiwan Cement delivered 590,000t of cement in May alone in the mainland, hitting a historic high record. The company estimated it will see profits double in the second quarter of this year from the preceding quarterly base as the selling prices for its products surged approximately 15% year-on-year in the second quarter. Thanks to the product ... |
Oman’s Raysut Cement Q2 profit slows on sales23 July 2007, Published under Cement NewsRaysut Cement Co, Oman’s largest cement firm by market value, posted its slowest profit growth in almost two years in the second quarter missing an analyst’s expectation. Net income in the three months to June 30 climbed 5.4 per cent to OMR5.25m ($13.64m), compared with OMR4.98m a year ago. It is the slowest pace of growth since the third quarter of 2005. First-half profit rose 24.8 per cent to OMR12.57m, or OMR0.63 per share, compared with OMR10.07m, or OMR0.50 per share, a y... |