Cement News tagged under: international
Lafarge on track for Tarmac, UK04 June 2007, Published under Cement NewsThe chief executive of Anglo American, Cynthia Carroll, is considering a UK£3bn auction of Tarmac, its building-materials division, this summer. It is thought that Lafarge has already expressed an interest in buying the business. CRH is also watching events closely as are a number of private-equity groups. But before Tarmac is put up for sale, Carroll is keen to push through cost cuts at the subsidiary to ensure it fetches the maximum price. Anglo has admitted that it is evaluating T... |
Gresik seeks US$525m loan04 June 2007, Published under Cement NewsIndonesia’s state-owned cement maker PT Semen Gresik said it needs US$525m in loan to build new cement factory and power plants, which will cost at least US$750m. The cement factory will cost around US$550m and the power plants US$200m, company President Dwi Soetjipto said. Chief commissioner of the company Darjoto Setyawan said the company plans to build three power plants - in Tuban, Tonasa and Padang. The power plants will use coal for fuel, therefore, the country’s largest... |
Operation begins on Hunan Huazhong Cement’s 1.2Mta line, China04 June 2007, Published under Cement NewsHunan Chengxi Huazhong Cement Company put its RMB270M 1.2Mta new-type dry-processed rotating kiln-use cement production line into formal operation on May 28th, according to a statement by the company. The company started construction on an additional 1.8Mta dry-processed cement production line in 2007, expected to be completed by the end of 2008. Meanwhile, Zhangping Hongshi Cement Company’s 4Mta cement project, one of Fujian Province’s key projects in 2007, went into formal operation on ... |
India Aditya Birla May cement sales 2.71Mt04 June 2007, Published under Cement NewsIndia’s Aditya Birla Group said Saturday that cement sales in May rose 4.75 per cent on the year to 2.71Mt. Cement production for the month grew 3.7% on year to 2.705Mt, it said in a statement. Aditya Birla Group’s cement companies include Grasim Industries Ltd. (500300.BY) and UltraTech Cement Ltd. |
Power, cement shortages hinder construction of two major Tajik tunnels04 June 2007, Published under Cement NewsThe lack of cement and electricity is hindering the construction of the Istiqlol and Shahriston tunnels in Tajikistan, which are being built by Iranian and Chinese companies, respectively, a Tajik journalist Maruf Boborajab said in his article published by the Tojikiston newspaper. The journalist quoted an Iranian manager identified as Ahmad Shorehi as saying that supply of cement was the main problem at the construction of the Istiqlol tunnel. "Construction workers are able to use and ... |
Turkish Ado Cimento to build cement works in Russia’s Sverdlovsk Region04 June 2007, Published under Cement NewsTurkish leading cement producer Ado Cimento intends to build a works in Russia’s Sverdlovsk Region, the regional administration announced. It is also known that the Turkish company is prepared to make heavy inputs in the project. Initially it plans to invest about $250m and to produce 1.5Mta. It is to increase the output to 5Mt within the next five years. |
Qinghai’s demand to exceed 5Mt, China04 June 2007, Published under Cement NewsThanks to the Chinese Government’s development and investment policies in western China, Qinghai Province saw a robust investment in construction of railways, roads, power stations, and national defense, industry and civil projects, pushing its demand for cement from 3.7Mt in 2006 to 5Mt. The number of cement companies in the province exceeded 20, with the total cement production capacity reaching approximately 10Mt, sufficient to satisfy demand in the province. |
Cimbeton acquires Illon Cimento for US$ 1.15m, Turkey04 June 2007, Published under Cement NewsReady-mixed cement and construction materials producer Cimbeton Hazirbeton announced that it acquired 99.99% of Illon Cimento for US$1.15m. The statement issued by Cimbeton noted that Illon is located in the premises of Soma thermoelectricity plant and it provides fly ash. Cimbeton uses fly ash for its ready-mixed cement and the purpose of the acquisition is to unsure sustainable and reliable supply of fly ash material. The company also noted that the acquisition process has been completed. ... |
Cement plant celebrates 50 years in the High Desert04 June 2007, Published under Cement NewsWith half a century of mining and manufacturing in the High Desert, Mitsubishi Cement Corp.’s Cushenbury plant in Lucerne Valley is a landmark in the local economy. Established in 1957 as the Kaiser cement plant on the north slope of the San Bernardino Mountains, the facility manufactured cement from low-grade limestone and supplied high-grade limestone to Kaiser’s steel mill in Fontana. “This plant has been a great boon for Lucerne Valley, not only in furnishing work, but also because of ... |
JK Cement to increase capacity three-fold04 June 2007, Published under Cement NewsIndia’s JK Cement is planning to invest around Rs 2,500 crore to increase its capacity three-fold to 15Mt in five years. This will be in addition to the Rs 1,100 crore which the company is spending on its ongoing projects. The company, which currently has a capacity of 4.4Mt, is undergoing expansion at two locations, the greenfield plant at Muddapur in Karnataka with a capacity of 3.5Mt and Nihon Nirman in Rajasthan near Gotan (0.4Mt). With the two plants, the company’s capacity will incre... |