Cement News tagged under: international
Shree Cement plans plant in Chhattisgarh, India12 June 2007, Published under Cement NewsShree Cement Ltd, which runs the largest single-location integrated cement factory in northern India, will set up a cement plant in Chhattisgarh with an investment of Rs 1,000 crore. The proposal to set up a plant in Chhattisgarh is seen as part of Shree Cement’s plans to build 10Mta cement capacity by 2011. The company has signed a pact with the Chhattisgarh government for its proposed project in the state. Besides a 1.90Mta clinker plant, Shree Cement plans to set up a 2.9... |
Housing continues to hurt 2007 US cement consumption growth11 June 2007, Published under Cement NewsThe ongoing correction to the residential market will continue to adversely impact construction activity and cement consumption in 2007, according to the most recent forecast from the Portland Cement Association (PCA). Despite a strong performance in the commercial and public sectors early in 2007, the decline in cement consumption this year could exceed three percent, says PCA. PCA’s spring forecast had predicted a 1.5 per cent decline in cement use. PCA Chief Economist Ed Sullivan r... |
South Africa cement sales solid11 June 2007, Published under Cement NewsCement sales in South Africa increased 12.0% YoY in May 2007 from the 12.6% YoY increase reported in April, according to Cement and Concrete Institute (CNCI) data released. At the end of May 2007, cement sales for the 12 months were reported up to 15.07Mt from the 13.455Mt recorded a year earlier. This increase compares to the 14.937Mt recorded in April 2007, which was a 12.6% improvement from the 13.269Mt recorded in April 2006. South African cement sales rose impressively by 16.7% in th... |
UAE cement makers under attack for price hikes11 June 2007, Published under Cement NewsManufacturers of concrete products used in the construction industry have renewed their attack on cement producers, saying they are given barely a week’s notice before prices are jacked up. Firms making products such as paving slabs and concrete blocks say prices of cement increase by more than Dh10 every fortnight, with very little notice ahead of each rise. They say such short notice gives them little time to find alternative sources and to review their commitment to potential lo... |
Gresik to focus bolstering three brands11 June 2007, Published under Cement NewsThe restructuring consultant of Indonesian Semen Gresik has recommended the company to focus in bolstering the existing three brand names as well as taking geographical approach rather than developing holding company. The Vice President Director of PT Semen Gresik Tbk Rudiantara said that the study on the corporate restructuring, including the possible establishment of holding company, has done. "The study on restructuring plan has been concluded. We will bring the recommendation... |
SAIL ties up with Jaypee for cement unit in Bokaro, India11 June 2007, Published under Cement NewsSteel Authority of India (SAIL) will partner Jaypee Associates (JAL) for a proposed 2Mt cement plant at Bokaro, Jharkhand. The two will form a JV shortly, where Jaypee would have a majority stake. Jaypee outbid Shree cement for this partnership. This would be SAIL’s second tie-up with Jaypee for a cement plant. The first JV was signed over two months back to set up a 2.5MTPA capacity plant at Bhilai. The proposed cement plant at Bokaro would use the slag produced by the Bokaro Steel Pl... |
Asia Cement boosting capacity in Chinese mainland11 June 2007, Published under Cement NewsTaiwan’s Asia Cement Corp plans to build new plants to increase capacity in the Chinese mainland, said the company’s chairman Douglas Hsu. Asia Cement plans to establish a new plant in Huanggang in Central China’s Hubei Province. The plant, which is slated to begin production in September 2009, will have annual production capacity of 2Mt of cement, it said. The company’s combined capacity for cement and related products on the mainland is seen reaching 21.2Mt by 2012. Asi... |
Construction ministry: Uniform prices will not affect housing construction prices11 June 2007, Published under Cement NewsThe establishment of uniform prices for retail sales of cement will not affect housing construction prices, as the cement prices applied to construction organisations have not changed, a source at the construction ministry told local press agency BelaPAN. As an executive with Krychawtsementnashyfer, a major cement manufacturer, said to BelaPAN, the construction ministry has directed that the disbursing price of the PTs 500-D20 cement should be 300,000 rubels per ton instead of the previ... |
Colacem buys cement works in Canada11 June 2007, Published under Cement NewsColacem, Italy’s third largest cement producer, has strengthened its position in Canada with the acquisition of a cement works situated around 100km from Montreal, according to local press reports. The Canadian unit of the Italian company plans to invest $250m. Source: Il Sole 24 Ore |
Lafarge invests EUR400,000 in Moldovan unit11 June 2007, Published under Cement NewsLafarge has invested EUR 400,000 to open a loading station for bulk cement in its Moldovan unit Lafarge Ciment, Lafarge Ciment said on Friday. The new facility has a capacity of 300tph or cement. With its latest investment, Lafarge responds to Moldova’s growing construction materials market, Lafarge Ciment said in a statement. This investment is part of Lafarge’s long-term development strategy in Moldova, it added. Ciment, situated in northeastern Moldova, produced 821,1... |