Cement News tagged under: international
TNPL to set up mini cement plant21 May 2007, Published under Cement NewsTamil Nadu Newsprint and Papers Limited (TNPL) has proposed to establish a mini-cement plant adjacent to the paper factory at Kagithapuram in Karur district, about 115 kms from here. Speaking to reporters, TNPL Managing Director V Murthy said that the cement plant of 400 tonnes per day (TPD) capacity is meant to convert lime sludge accruing in the paper plant to cement. The company was all set to float tenders for the purchase of machinery and equipment, he added. About 30 acres of land ... |
PPC power costs on the increase21 May 2007, Published under Cement NewsPPC south Africa’s largest maker of cement has warned that prices are set to rise as the company and the industry as a whole grapple with rising energy and transport costs. PPC CEO John Gomersall says the company is increasingly going to have to rely on lower-quality coals to fire its large kilns. This is because PPC cannot compete with the demand for coal from the export market. The coal that PPC will increasingly be using will have a lower calorific value, which means that PPC will have ... |
La Tribune: strong growth in profit for Lafarge18 May 2007, Published under Cement NewsLafarge achieved a net operating profit of € 345m for the first quarter of 2007, up 58 per cent on the corresponding period of last year. The net profit increased six-fold to € 362m, owing to the sale of the roofing activities and the cement, concrete and ballast operations in central Anatolia, Turkey. These figures significantly surpassed the expectations of analysts. Turnover for the first quarter was up six per cent at just under € 3.7bn; on a like-for-like basis, the level of grow... |
Russia’s Novoroscement plants sold18 May 2007, Published under Cement NewsRussia’s leading export facilities and an important regional producer along Russia’s southern market, the Novoroscement complex has recently been sold by its Russian owners to another local group via the Moscow-based conglomerate Gazmetalloproekt. Full ownership details are unclear but apparently the sale involves Alisher Usmanov, the Russian steel and iron ore magnate, who is said to be worth around US$3bn at the latest count, and his partners. The deal has actually been marked up to co... |
Indonesia Cement consumption down in April18 May 2007, Published under Cement NewsAfter strong growth in March, cement consumption in Indonesia shrank 10.45 per cent in April compared to the previous month, to 2.4Mt. On an annual basis however, consumption grew by 2.2 per cent from 2.35 million tons in April and by 7.15 per cent to 9.984Mt in the first four months of this year, the Indonesian Cement Association (ASI) said. "The decline in April was attributable to slow implementation of many large government infrastructure projects," ASI chairman Urip Timuryono sa... |
Sinoma secures USD160m in overseas projects18 May 2007, Published under Cement NewsSinoma International Engineering Co, Ltd the major overseas engineering construction turnkey service provider in China, signed an agreement with Yemeni Saudi Cement Company for a cement production line with daily capacity of 4000t, the Chinese company announced on May 16. The agreement includes from the design, equipment procurement, transportation, to civil construction, installation and technical services for the project, with value totaling US$162m.The project is planned to be finishe... |
Tian An to sell controlling stake in Shanghai Allied Cement18 May 2007, Published under Cement NewsTian An China Investment, a Mainland property developer, will sell its controlling stake in a Hong Kong-listed cement maker at a discount to focus on its core business. Tian An will sell all of its 55 per cent stake in Shanghai Allied Cement at HK$0.70 a share to raise HK$279.3m. The price represents a discount of about 62.57 per cent to Shanghai Allied’s last close of HK$1.87 before its trading suspension on May 8. Hong Kong-listed COL Capital agreed to buy 17 per cent of the shares... |
GHACEM raises cement price18 May 2007, Published under Cement NewsGHACEM Limited of Ghana has increased the ex-factory price of a bag of cement from ¢59.225 to ¢62,100, citing increase in production cost. The increase took effect from May 2. Dr George Dawson-Ahmoah, Strategic Corporate Affairs Director of Ghacem, said in an interview that the increase was necessitated by the extra cost incurred in generating power to augment its energy needs, which had been reduced by 25 per cent, following the energy crisis. Ghacem last month installed a 5.1-megaw... |
St Lawrence acquires Beton Lunick and Beton Grilli18 May 2007, Published under Cement NewsSt Lawrence Cement Group Inc. has recently acquired the assets of Beton Lunick and most of the assets of Beton Grilli. The combined business represents sales of about $26-million. The Beton Lunick plant in Terrebonne will join the Demix Beton network. The three Beton Grilli plants located in Lavaltrie, Vaudreuil and Lachute, as well as a sand pit in St Telesphore, will be integrated into Demix Services, a newly created subsidiary of St. Lawrence Cement Group, in which the former owners o... |
PCA Honors St Marys Cement18 May 2007, Published under Cement NewsSt Marys Cement, Charlevoix, Mich., was one of six cement providers from across North America recently honored by the Portland Cement Association (PCA) for commitment to improving the environment or their communities. The awards honor individual cement facilities that exemplify the spirit of continuous environmental improvement and support this spirit with action, according to a PCA official. The honored plants went beyond government regulations and local laws to ensure their processes a... |