Cement News tagged under: international
Ukraine output up to 3.867Mt Jan-April 200730 May 2007, Published under Cement NewsUkraine’s cement output grew 30.2 per cent YoY to 3.867Mt in the first four months of 2007, data of the State Statistics Committee showed. In April alone, the country produced 1.371Mt of cement, up 14.3 per cent YoY and 30.2 per cent month-on-month. The country’s overall cement production rose 30 per cent on the year to 30.857Mt for January to April 2007, according to estimates of local cement producers’ association Ukrcement. In 2006 Ukraine’s cement output went up 12.9 per c... |
Xinjiang Tianshan Cement to establish new cement and clinker production line30 May 2007, Published under Cement NewsXinjiang Tianshan Cement Corporation’s holdings subsidiary, Jiangsu Tianshan Cement Group, and Nanjing Liyang Hansheng Cement Company signed a cooperation agreement on May 18th, announced Tianshan Cement on May 29th. According to the agreement, both parties will jointly establish Jiangsu Hantian Cement Company in Lishui County, Jiangsu Province, where two 5000tpd cement and clinker production lines will be established. |
Baticim ordered to pay TRY 4.4m fine30 May 2007, Published under Cement NewsTurkish cement producer Baticim Bati Anadolu Cimento announced that the tax authority in Ankara ordered the company to pay TRY 4.4m in tax fines. Baticim said that it received the official notice however the company would take a legal action against the tax authority’s fine payment order. |
Govt, manufacturers responsible for cement price rise: BAI30 May 2007, Published under Cement NewsThe Builders’ Association of India (BAI) has blamed the union commerce ministry and domestic cement manufacturers for the jump in skyrocketing of cement prices, which have gone up to Rs 240-250 per bag from Rs 140-150 two-years back. "At the instance of cement manufacturers, the union commerce ministry is not clearing the unnecessary hurdles to pave way for cost-effective imports from neighboring countries. This is going against the interest of the housing and real estate industry," BAI’s C... |
Vassiliko Cement profits surge as construction boom continues30 May 2007, Published under Cement NewsVassiliko Cement Works Pcl (CVW), Cyprus’ leading cement producer and exporter reported a 22.6 per cent jump in net profits during the first quarter to EUR 3.98m from EUR 3.24m in the same period in 2006 on the back of higher sales to the booming construction sector as well as its success in restricting cost increases. Total turnover was up 10% to EUR 22.24m (CYP 12.9m) from EUR 20.19m a year ago as local cement and clinker sales reached 331,000t, up 19.5% compared to 277,000t a year ago. ... |
Rain Industries ties up funds for cement plant expansion30 May 2007, Published under Cement NewsIndian cement producer, Rain Commodities Ltd said on Wednesday its wholly-owned unit Rain Industries Ltd had achieved financial closure for a 1.5Mt expansion of its cement plant in Andhra Pradesh. The INR3.34bn project, expected to be completed by October 2007, will be funded by term loans of INR2.4bn and the balance through internal accruals, Rain said in a statement. The expansion will double the firm’s capacity to 3Mta. |
Rain Industries ties up funds for cement plant expansion30 May 2007, Published under Cement NewsCement maker Rain Commodities Ltd. said on Wednesday its wholly-owned unit Rain Industries Ltd. had achieved financial closure for a 1.5Mt expansion of its cement plant in Andhra Pradesh. The INR3.34bn project, expected to be completed by October 2007, will be funded by term loans of INR2.4bn and the balance through internal accruals, Rain said in a statement. The expansion will double the firm’s capacity to 3Mta. |
Lafarge CEO prioritises investment in growth countries and in innovation29 May 2007, Published under Cement NewsLafarge chief executive Bruno Lafont said the group’s strategic priorities going forward are to invest in cement activities in developing countries and to develop its capacity for innovation, notably in concrete. Speaking in an interview with French business daily, La Tribune, Lafont said the group had set these targets as part of its Excellence 2008 plan, which also includes objectives for reductions in costs and the simplification of the group’s organisational structure. Lafont d... |
Zuari Cement to tap new markets, India29 May 2007, Published under Cement NewsZuari Cement, a wholly owned subsidiary of the Italcementi Group, plans to enter Maharashtra, Orissa and West Bengal after its capacity expansion in 2008. The company has two units located in Andhra Pradesh (Yerraguntla and Sitapuram) with a combined 3.5Mt capacity, which is being doubled. While 2.2Mt are being added at the Yerraguntla unit, the Sitapuram unit will see a hike of 1Mt. Zuari is also putting together a captive power plant of 43MW at the Sitapuram unit. "Once the e... |
Estonia’s Kunda Nordic Cement boosts output 20 per cent29 May 2007, Published under Cement NewsKunda Nordic Cement has put a renovated kiln in operation two months ago and is now able to produce up to 1Mta of cement – almost one-fifth more than before the launch of the new line. Tapio Aura, managing director of Kunda Nordic Cement, told the regional newspaper Virumaa Teataja that output in the coming years is expected to reach 1.3Mta. In both this year and in 2008 Kunda Nordic Cement intends to make investments to the tune of 200m kroons (EUR 12.8m). Sales by Kunda Nord... |