Cement News tagged under: international
Lithuanian cement plant curbs exports to meet domestic demand24 May 2007, Published under Cement NewsAkmenes Cementas (Stone Cement) announced last week that it was curbing exports in order to keep up with domestic demand and would borrow some EUR61m in a syndicated deal to modernize its cement plant, the only one in Lithuania. Akmenes Cementas’ chief executive said the company has halted exports to Finland and the Russian exclave of Kaliningrad as it struggles to meet demand for cement in Lithuania, which is currently undergoing a construction boom. |
Vicat to clarify Heidelberg stake sale on May 3024 May 2007, Published under Cement NewsVicat said on Wednesday it will on May 30 announce the terms under which Germany’s largest cement maker HeidelbergCement plans to sell its 35 per cent stake in its smaller French rival. HeidelbergCement announced plans to sell its stake in Vicat in March and at the time Vicat said it and the family holding companies intended to acquire 12 per cent at most of Vicat’s share capital. HeidelbergCement in the meantime sealed an agreed UK£8bn takeover bid on on Britain’s Hanson. BN... |
China’s Sinoma wins CNY649.48m contracts from Taiwan Cement units24 May 2007, Published under Cement NewsChina’s Sinoma International Engineering Co Ltd said it has won contracts worth a combined CNY649.48m for the construction of a total of four waste heat power generation facilities for two units of Taiwan Cement Corp. In a statement filed with the Shanghai Stock Exchange, the company said it will build waste heat power generation facilities for the cement production lines of Taiwan Cement (Yingde) Co Ltd and Taiwan Cement (Guigang) Co Ltd, with the Yingde and Guigang units getting two power ... |
Indonesia cement consumption in April Fell by 10.5%24 May 2007, Published under Cement NewsEntering the second quarter of 2007, the national cement consumption in April fell drastically by 10.5% from 2.65Mt in March to 2.4Mt. This is surprising as it once was estimated the domestic cement consumption would recover following the realization of some infrastructure projects by the government. However, compared to the same month last year, the national cement consumption in April 2007 rose by 1.51% from 2.36Mt in April 2006. In the meantime, from January through April 2... |
Cement manufacturers hit back at construction delay claims24 May 2007, Published under Cement NewsCement manufacturers have hit back at allegations that buildings are being delayed because of cement shortages. Concrete suppliers expressed ‘grave concern’ over the shortages which they said had caused job losses and closure of production lines. British Cement Association said it had imported more product to help alleviate the situation. It also claimed that manufacturers had invested in domestic capacity to reduce reliance on imports. BCA chief executive Mike Gilbert said that the indus... |
Pakistan’s cement production to reach new highs23 May 2007, Published under Cement NewsCement production in Pakistan would cross 45Mta in next four years to meet the country’s increasing demand of infrastructure development, a senior government official said Tuesday. Talking to CNBC Pakistan channel, Pakistani State Minister for Finance Umer Ayub Khan said cement production will cross 37Mt by the end of December 2007. It was only 17Mta to 18Mta a few years ago, he added. The increase is to meet the rapidly increasing demands as massive infrastructure development activities a... |
China cement output accelerates23 May 2007, Published under Cement NewsInvestment in China’s steel, electrolytic aluminum and cement sectors accelerated in the first four months of this year, the National Development and Reform Commission (NDRC) said. The country’s state planner said investment in the steelmaking industry rose 6.2 pct year-on-year; in the electrolytic aluminum industry it grew 48.2 pct, and in the cement sector it was up by just over 5.0 pct. The NDRC did not provide details on the actual levels of investment. |
Cemex pledge South Ferriby future23 May 2007, Published under Cement NewsCemex leaders in Mexico have given a pledge to continue production at their cement-making works in North Lincolnshire until the middle of the 21st century and beyond. And the chiefs at Cemex have backed their words by investing UK£12m in the plant at South Ferriby since taking over two years ago. The planners have been told the company’s permitted reserves of raw material from a nearby quarry will last more than 40 years at the present rates of consumption. The South Ferriby works, which o... |
Asamer withdraws from Russian cement project23 May 2007, Published under Cement NewsAustrian construction company Asamer Holding AG will withdraw from its largest cement plant project near St. Petersburg, in Russia, due to disagreements with its partner Russian construction group LSR, the Austrian business daily WirtschaftsBlatt reported on May 22, 2007. Asamer, together with LSR, had planned to build a production site with a capacity of two million tonnes of cement a year by 2008. Now Asamer is looking for a substitute project to meet the high demand for cement on the R... |
Russian cement prices up 30 per cent YTD23 May 2007, Published under Cement NewsMoscow area builders are becoming increasingly concerned about the rising price of cement and rebars used in construction, Vedomosti reports. Prices for both materials have grown by roughly 30% since the start of the year (report analysts at Aton, Moscow). According to the Moscow city government, local demand for cement in 2007 should be about 12.2Mt, and 2 million meters for rebars and tubes. Key suppliers to the capital’s construction companies include Eurocement and Voskresenskcement, an... |