Cement News tagged under: international
Chilean cement maker Empresas Melon to be Lafarge Chile04 May 2007, Published under Cement NewsAfter 100 years of presence at Chilean market, Empresas Melon to change its corporate identity and to be named Lafarge Chile. It is the end of the transition process of the brand, after the company was bought by the French group Lafarge in June 2001. Empresas Melon has reached a sales volume of 1.4Mt of cement in 2006, with a 33.8% of the total market. |
St. Lawrence Cement Group Granted Leave To Appeal By The Supreme Court Of Canada04 May 2007, Published under Cement NewsThe Supreme Court of Canada has granted St. Lawrence Cement Group Inc. (ST.A.T) leave to appeal an October 2006 ruling in class action case involving the company’s Beauport, Que. cement plant. St. Lawrence said it’s "pleased that the Supreme Court of Canada has accepted to examine the important issues of environmental law and class actions raised by the Beauport case which are of concern to the company and to the industry as a whole." As reported, according to the October 2006 jud... |
Readymix says current yr starts satisfactorily, in line with prior year04 May 2007, Published under Cement NewsIrish cement maker Readymix PLC said that, against a background of good market demand, the year’s trading has started satisfactorily, in line with the group’s performance for the same period last year. At today’s AGM, chairman Adrian Auer said although the board expects operating margins to remain under pressure from raw material price increases, as well as rising energy and labour costs, the operating improvements established last year, and the new information systems which are now ope... |
Lafarge boosts first quarter margins03 May 2007, Published under Cement NewsThe underlying EBITDA rose by 28.6% to €575m and the running profit before tax improved by 26.0% to €451m. Capital gains of €148m, compared with a €3m loss in the comparative period last year, led to an almost trebling of the pre-tax profit (up 2.94 times) to €317m, while the net profit jumped from €70m to €397m. Net debt at the end of March was 9.4% lower than a year earlier at €7,650m, to give a gearing level of 65.7%. Group cement shipments in the period amounted to 29.3Mt, an increase ... |
Russia’s Siberian Cement has started Kazakh project03 May 2007, Published under Cement NewsWith a capacity of 1.2Mta of cement Siberian Cement (SIBCEM) and its undisclosed Kazakh partner have formed the YUG CEMENT (South Cement) joint venture. SIBCEM has taken a 51% in the JV, leaving its partner with 49%. The latter paid for its stake with the Aktau limestone deposit, with reserves of 125Mt. The plant will be constructed within a 64-hectare plot in the town of Karatau (Zhambyl District, Kazakhstan’s southern region). The Almaty-based NIISTROMPROEKT Research Institute is drawing... |
Indonesia Indocement aims to raise capacity03 May 2007, Published under Cement NewsIndonesian cement maker, PT Indocement Tunggal Prakarsa Tbk , aims to raise its production capacity to 20Mt by the end of 2009 from 17Mt currently, its president said on Thursday. The country’s second largest cement maker has a market capitalisation of $2.2 billion and is controlled by Germany’s Heidelberg Cement. "We believe that Indocement is the most capable cement producer to supply future domestic demand even if it grows more than 10 percent per year," president director Daniel Lavall... |
China’s machinery makers maintain high growth03 May 2007, Published under Cement NewsChina’s cement-making machinery industry reported robust growth in production and sales, as well as exports in the 10th Five-Year Plan (2001-2005), laying a solid foundation for further development of the industry in the 11th Five-Year plan period (2006-2010). According to statistics from 78 large cement machinery enterprises, they generated a total output value of 6.801 billion yuan ($US882.5 million) in 2006, increasing 31.03 per cent year on year, and sales value of 6.582 billion yuan, ... |
Vietnam: National economy continues to see steady growth03 May 2007, Published under Cement NewsIn the first quarter of this year, Vietnam’s economic growth reached 7.7 per cent, higher than that of the same period in previous years. In April, the national economy continued to see steady growth in economic target figures. In April, the value of industrial production rose by 17.3 percent, higher than the growth rate of the first quarter. Meanwhile, economic growth of the non-state sector and foreign-invested sector increased 24.2 percent and 20.1 percent, respectively (compared to 20.... |
Gauteng running out of building materials03 May 2007, Published under Cement NewsThe Gauteng Department of Housing South Africa, has expressed concern that contractors building low-cost housing are going to run out of cement and building materials in coming months. The department is now considering setting up building warehouses to address possible shortages of material due to high demand linked to the building of stadiums for the 2010 World Cup and the Gautrain. The warehouses will be used to stockpile building materials. Housing MEC Nomvula Moko-nyane said demand for... |
Holcim’s application omits key details02 May 2007, Published under Cement NewsToday Rodney Jones, the Spokesman of the Waiareka Valley Preservation Society, commented: The application filed by Holcim on April 20 to construct a cement plant at Weston, just outside of Oamaru, still omits many of the key details the community needs to make an informed decision. The life of this project will be 50 years. Holcim should have provided full details on how the plant will evolve over the next 50 years. By filing an incomplete application now, they are leaving many signi... |