Cement News tagged under: international
Spanish cement consumption to May up 2.9%29 May 2007, Published under Cement NewsCement consumption in Spain during the first four months of the year increased 2.9 per cent from the same period a year earlier to 18.4Mt, industry association Oficemen said Friday. Consumption in April alone was up 0.03 per cent at 4.2Mt. Domestic output in the four months climbed 3.7 per cent from a year earlier to 17.8Mt. Imports fell 1.4 per cent to 4Mt. |
Holcim appeal, New Zealand29 May 2007, Published under Cement NewsHolcim is urging Waitaki residents to have their say on its proposal for a $200m plant at Weston, near Oamaru. Holcim’s resource consent applications were notified in April and submissions close on June 19. Holcim strategy and development general manager Paul Commons said: "We are suggesting to people that if they want the jobs and benefits that the cement plant would provide they should have their say." The plant would generate between 110 and 125 direct long-term jobs and a further 80... |
ANCAP to partner Camargo Correa and PDVSA29 May 2007, Published under Cement NewsUruguayan ANCAP plans to partner Brazilian Camargo Correa and Venezuelan PDVSA in the construction of cement plants in Paysandu. ANCAP has already signed a memorandum of understanding with Camargo Correa for the construction of a plant with export capacity of 500,000tpa. With PDVSA, ANCAP plans to construct a plant with a production capacity of 500,000t of clinker. |
Akcansa pays TRY 3.5mn in fines, Turkey29 May 2007, Published under Cement NewsTurkish cement producer Akcanca announced that the company made a payment of TRY 3.5m (US$2.6m) in fines. The competition board had fined the company a total of TRY5.7m after investigations regarding the Akcanca’s cement and ready-mixed concrete operations in the Aegean region. In the statement sent to the ISE, Akcansa noted that the council of state already issued an injunction order for the TRY 2.3m part of the fine imposed by the board for the company’s ready-mixed concrete operations... |
Jordan Cement company reduces prices29 May 2007, Published under Cement NewsAn agreement between the Ministry of Industry and Trade and the Jordan Cement Factories Company (JCFC) reduced cement prices by JD4.64/t Industry and Trade Minister Salem Khazaaleh told reporters during the weekly press briefing. The company agreed to lower prices after the government cut fees and taxes on cement production. The agreement brings to an end the so called "cement crisis" which started after the company’s decision to raise the price of cement by JD3.5/t two weeks ago. The JCF... |
Falcon Cement Company receives loan for Bahrain project29 May 2007, Published under Cement NewsBahrain Islamic Bank and Bahrain-based Falcon Cement Company has signed a BD6.130m ’Ijara wa Iqtina’ (lease to purchase) agreement. Khaleej Finance and Investment (KFI) is the arranger and promoter of the project. The contract was signed by Bahrain Islamic Bank chief executive officer Yousif Saleh Al Khalaf and Falcon Cement Company chairman Nabil Mohammed Hadi. Also present at the ceremony were Bahrain Islamic Bank’s general executive manager of corporate and institutional banking Nader ... |
Pakistan cement industry to consume 2.9Mt coal29 May 2007, Published under Cement NewsThe Pakistan cement industry is likely to consume 2.8 to 2.9Mt of coal in the current financial year, a leading coal importer told Daily Times, as coal import sees a significant increase. Najeeb Balagamwala cited the massive capacity expansion undertaken by the industry as the reason for the rise in import. Up until this month, importers have brought around 2.6Mt of coal for cement companies. By contrast, in all of the previous fiscal year, the industry had used 2.22Mt of coal. Pakistan imp... |
Saudi cement firms told to reverse price rise29 May 2007, Published under Cement NewsThe Saudi government has ordered the country’s cement producers to reverse increases of as much as 71 per cent in their prices, calling them unjustified. "Trade and Industry Minister Hashem bin Abdullah Yamani has issued a decision to halt the increase in the sale-price of cement introduced by the companies during the month of Rabii Al Akher and to bring prices back to their level before this date," the ministry said in a statement yesterday. That date is April 18, according to the Islamic... |
Vietnam: Cement makers solidify markets29 May 2007, Published under Cement NewsVietnam will become the leading cement producer in ASEAN by 2010, with a predicted output of 60Mta according to the Vietnam Cement Association. Nguyen Quang Cung, director of the Ministry of Construction’s Department of Building Materials, said that 30 new cement plants were currently in progress nationwide, in addition to 17 existing plants that were in the process of expanding their capacity to reach a total of 48 million tonnes per year. Tran Quang Tuan of Vietnam Cement Corpor... |
Kursk Construction company to invest US$150m in cement plant29 May 2007, Published under Cement NewsThe Kursk Construction Company will invest $150m in the construction of a cement plant in the Solntsevo District of the Kursk Region (central Russia). The construction of the plant with a capacity of 1Mta should begin in June 2007. The regional developers, who need 800,000 metric tons of cement a year, currently buy the lacking amounts in the Belgorod Region. The pace of construction has been growing recently in the region, including by 11%, to 330,000m2 of housing, in 2006. The K... |