Cement News tagged under: international
Sunstate Cement invests US$85m, Australia03 July 2007, Published under Cement NewsSunstate Cement has announced plans for a US$85m expansion to meet the growing building and infrastructure needs of Queensland’s strong economy. Sunstate Cement is a cement milling, storage and distribution facilty located at Fisherman Islands within the Port of Brisbane. The company is a joint venture between Adelaide Brighton and Blue Circle Southern Cement. Sunstate Cement’s expansion plans include: • new grinding mill that will provide an additional 500,000tpa of cement capacity • 70... |
Nigeria cement production to hit 28Mt By 201003 July 2007, Published under Cement NewsBy 2010 Nigeria will be producing more than 28Mt of cement, a volume that will be more than the country’s need, according to Alhaji Alico Dangote. Dangote who spoke with journalists at the Murtala Mohammed Airport, Lagos said that his company has a plan to set up additional plant at the Obajana cement factory that would be capable of producing 5Mt of cement, in addition to what the company and other cement manufactures are producing in the country. Dangote who arrived at the President... |
India’s ACC cement despatches up 9.67% in June03 July 2007, Published under Cement NewsThe on-going monsoon, considered as slack season for cement companies, has failed to dampen sales of ACC. Sales stood at 1.7Mt in June, up 9.67 per cent from 1.55Mt in the same period of the previous year, as per the company’s notice to the stock exchange. It produced 1.7Mt of cement compared to 1.53Mt last year, a rise of 11 per cent. ACC’s January-June despatches were 10.20Mt, up 5.48 per cent from 9.67Mt in the same period last year. Cement production during the period was ... |
Steppe Cement extends credit line with EBRD03 July 2007, Published under Cement NewsSteppe Cement Ltd said it signed an extended credit line to draw up to US$65m from the European Bank for Reconstruction and Development and Kazkommertsbank, for the refurbishment of its dry cement lines. |
Lafarge Cement Romania to invest EUR20m03 July 2007, Published under Cement NewsLafarge Cement Romania said it will invest EUR20m in improving its production process this year, and EUR50m in the next 2-3 years. The company expects the cement demand to continue to grow in Romania, following the big investments in construction, said president of Lafarge Cement Romania, Philippe Questiaux, said in an interview. In the 1Q07, Lafarge Cement posted the largest growth out of all the arms of the French group in Romania. In 2006, the company’s turnover stood at EUR230m, up ... |
India’s Ambuja Cement June shipments flat YoY03 July 2007, Published under Cement NewsAmbuja Cements Ltd, India’s third-biggest cement producer, said on Tuesday its June shipments were 1.38Mt, unchanged from a year earlier. Production was also steady at 1.41Mt, the company said in a statement. |
Ghacem to expand capacity by 1Mt, Ghana03 July 2007, Published under Cement NewsIn order to increase its capacity especially for the construction of the Bui Dam and to meet future cement demand, Ghana Cement Limited (Ghacem) is embarking on feasibility studies to increase its production capacity by 1Mta by January 2010, according to Morten Gade, Managing Director of Ghacem . He said that Ghacem as the leader in the local cement industry, has a total production capacity of 2.4Mta between while its competitor has a production capacity of 1.1Mt. Total installe... |
CRH: interim 2007 trading statement02 July 2007, Published under Cement NewsCRH said Monday it expects to deliver a 25% rise in pretax profit for the first six months of the year as a strong performance in Europe outweighs difficult market conditions in the Americas. The Irish building materials company also unveiled EUR395m in new acquisitions and said its Chief Executive Liam O’Mahony will retire at the end of 2008. CRH said Monday that it expects pretax profit for the six months to June 30 to rise by 25% compared with EUR526m reported for 2006. It said the ris... |
Gresik Jan-May cement sales up 8.1 per cent YoY02 July 2007, Published under Cement NewsIndonesia’s largest maker of cement, PT Semen Gresik, sold 6.5Mt in the first five months of the year, 8.1 per cent more than in the corresponding period of last year, the rise having been led by exports, the company said. Semen Gresik said its cement exports during the first five months were 95 pct higher than a year before at 639,412t. Its domestic cement sales increased three per cent to 5.86Mt. Semen Gresik investors relations division head Agung Wiharto told Thomson Financial that by... |
Soboce announces investment plan02 July 2007, Published under Cement NewsBolivian cement manufacturer Sociedad Boliviana de Cemento (Soboce) announced that it plans to invest US$40m by 2008 in the expansion of production. With increased production, Soboce would export to Brazil, Chile, Peru and y Venezuela. From 2005 and 2006, Soboce increased thirteen percent and the expectation for this year is that it will increase 20 per cent. Also, Soboce added that by early September it will open a new cement plant in Viacha. |