Cement News tagged under: international
Cement shortage, high prices slow construction in Mysore, India02 July 2007, Published under Cement NewsConstruction in Mysore has been facing a crisis for the last few weeks due to cement shortage and escalating prices. Cement prices have shot up from Rs 240 to Rs 375 a bag over a short period, complain construction workers. They say around 5,000 workers have lost their livelihood as construction has come to a standstill. While the State Building Workers’ Association, Mysore unit, alleges the "creation of an artificial scarcity and black marketing" by dealers, the Builders’ Association of I... |
Nigeria’s Dangote to export cement by 201002 July 2007, Published under Cement NewsNigeria will not only be self-sufficient in cement production by year 2010, but also have more than enough to export to other parts of Africa and the world. Chairman of Dangote Cement Company, Alhaji Aliko Dangote, in an interview at the Presidential Wing of the Murtala Mohammed Airport, Ikeja, Lagos, at the weekend blamed the high cost of cement on transportation, adding that by 2010, Nigeria would be producing 28 million tonnes of cement which, according to him, is far in excess of local c... |
Government expects problem of shortages of building materials to be solved by 2009, Belarus02 July 2007, Published under Cement NewsThe government of Belarus expects to solve the problem of shortages of building materials in the country by 2009, said Deputy Prime Minister Viktar Bura. A considerable increase in output should occur as early as this year, the vice premier noted while speaking to the House of Representatives on June 29. "I think we’ll no longer be experiencing such big discomforts," he said, apparently referring to the long-standing shortage of cement in Belarus. According to Mr. Bura, privat... |
Chinese building material giant plans further investment in Vietnam02 July 2007, Published under Cement NewsChina National Building Material Group Corp (CNBM) June 28 held a meeting in Hanoi to seek opportunities to invest more in Vietnam, Vietnam Economic Times newspaper reported Friday. “It is time us to consider a larger investment-cooperation scale in Vietnam and further the whole Southeast Asian region,” said Song Zhiping, chairman of CNBM Management Board. Vietnam’s rapid economic growth in recent years and its WTO membership will make the country’s building material market become ... |
UAE cement cap scepticism02 July 2007, Published under Cement NewsAnalysts in the UAE’s cement industry say the recently imposed price cap, which will see the product pegged at Dhs295/t until at least the end of 2007, will impact manufacturers, reported Gulf News. Ken Rumph of Sustainable Building Strategies said fuel prices will continue to rise even though the cost of cement will stay static. Manufacturers say raw materials like clinker are also proving increasingly expensive. |
Builders want cement prices brought down02 July 2007, Published under Cement NewsThe Chennai chapter of the Builders’ Association of India (BAI) on Friday urged the Centre and Tamil Nadu Government to take steps to control the prices of cement and steel. Cement should be taken off the Bureau of Indian Standards (BIS) list, enabling importers to bring in the key raw material cement without undergoing quality certification. This, they said, was needed as the process of getting approval from the BIS was too cumbersome. The import levies on cement had been removed earlier ... |
IFC supports AYCC cement plant project, Yemen02 July 2007, Published under Cement NewsDeputy prime minister for economic affairs, minister of planning and international cooperation Abdul-Karim al-Arhabi has hailed the International Finance Corporation for investing $100m in Yemen, considering this as a "big support for investment in Yemen". The IFC’s acting director of the Middle East and North Africa Michael Essex said in a ceremony of officially singing an agreement to fund the Arabian Yemen Cement Company’s cement plant held in Sana’a on Saturday, that the funds IFC has g... |
Penna Cement capacity to reach 6Mt by October02 July 2007, Published under Cement NewsPenna Cement Industries Ltd (PCI) expects to commence commercial production of cement from its upcoming 2Mt greenfield project, in Ananthapur district of Andhra Pradesh (AP), by October 2007. The commissioning of the project will increase the company’s total cement capacity to 6Mt. |
SIL to set up cement plant in Kutch02 July 2007, Published under Cement NewsSanghi Industries Limited (SIL), an integral part of the Sanghi Group is scouting for the development of three more captive jetties in India and two in Middle East as part of its expansion plan in next one year. The expansion of captive jetties is in lines with the company’s plan to set up new 4.5Mt cement plant at Sanghipuram. Vice-president (corporate & manufacturing) of the company Aditaya Sanghi said the company already has three jetties in Gujarat at Sanghipuram, Navalakhi and Dahej b... |
Gresik plans to build two new plants29 June 2007, Published under Cement NewsTo strengthen its position as the country’s largest cement manufacturer, publicly listed PT Semen Gresik is planning to increase its current production capacity of 17Mta by building two new plants. The plants, each of which will have a capacity of 2.5Mta, are expected to add 4.4Mt to the company’s total production and to come onstream in 2011. "We’ll invest around US$600m on the construction of the plants, and are now studying which locations would be most suitable," said president directo... |