Cement News tagged under: international
Oman Cement Co new clinker line17 April 2007, Published under Cement NewsOman Cement Co said on April 16, 2007 in a statement to Muscat Securities Market (MSM) that its new kiln with a daily capacity of 3500t of clinker will be fully operational in 2010. The company announced its plan to install a new kiln on March 20, 2007 following the agreement of the Omani Ministry of Commerce and Industry to provide the company with additional 350,000m3 of natural gas per day. With the installation and commissioning of the new kiln, Oman Cement Co expects to book ... |
Yemeni Al-Barh cement plant total sales reach US$51m17 April 2007, Published under Cement NewsTotal sales of Yemen’s state-run Al-Barh Cement Plant in the southwestern governorate of Taiz reached 10.131bn Yemeni rials (US$51m), an increase of 2.600bn rials (US$13m), compared to 2005, it was reported on April 15, 2007. In 2006, the plant’s total output reached 579,518t, exceeding by far the planned output of 500,000t for the year. The plant managed to sell a total 583,832t of cement in 2006, while the target for the year was 495,650t. In 2006, the plant’s management conducte... |
Indonesia’s March consumption up 6.9% YoY17 April 2007, Published under Cement NewsIndonesia’s domestic cement consumption grew 6.9 per cent last month to 2.68Mt, as the construction and housing sectors picked up on the back of declining interest rates, industry data showed on Monday. The March sales took total first quarter consumption to 7.68Mt, or 10.2 per cent higher than the year-ago period, data from the Indonesian Cement Association, provided by PT Semen Gresik Tbk , showed. Including exports, sales jumped 13.8 per cent to 3.42Mt. The pace of Indonesia... |
Barak Valley Cement eyes expansion, India17 April 2007, Published under Cement NewsThe ongoing wrangling over cement prices following the Budget proposals to contain them has had little effect on the North-East based cement company Barak Valley Cements Ltd (BVCL), which is all set to expand. “The company is seeking to raise its current cement production from a little over 450tpd to 650tpd, while going for bio-mass based multi-fuel power project close to its cement plant site at Bandarpurghat close to Silchar,” BVCL managing director, Mr Kamakhya Chamaria, told The Statesma... |
CRH announces acquisitions in Turkey and US16 April 2007, Published under Cement NewsCRH has announced two transactions, one in Turkey and one in the US, completed for a total cash consideration, including debt assumed, of US$293m (EUR225 million). In Turkey, CRH has acquired 50% of Denizli Cement, an integrated cement and readymixed concrete business, from Eren Holdings, a privately-owned industrial group. Under the terms of the joint venture agreement with Eren Holdings, CRH will have joint management control of the business, which is based in the city of Denizli... |
Indonesia’s cement exports surge 40 per cent in 1Q16 April 2007, Published under Cement NewsIndonesia’s cement exports surged 40 per cent to 700,000t, while consumption rose 8.8 per cent to 7.58Mt in the first quarter of this year compared with the same period last year. Producers said macroeconomic stability, a cut in interest rates and improvement in the public’s purchasing power caused the rise in domestic consumption. Chairman of the Association of Cement Producers Urip Timuryono said many infrastructure projects have been implemented, requiring a large supply of ceme... |
Lucky Cement to invest US$300-400m to set up plant in Vietnam16 April 2007, Published under Cement NewsLucky Cement Corp, one of Taiwan’s leading cement makers, plans to invest, within three to five years, about US$300-400m to establish a cement plant and related facilities in Vietnam. The projected plant, estimated to turn out 1.8Mt of cement per year, will include four to five cement storage and conveying stations designed to secure convenient delivery to local clients. The cement market in Vietnam boasts a sharp annual expansion of more than 20%, and there are now only two Taiwanese-i... |
YSR to lay stone for cement unit16 April 2007, Published under Cement NewsChief Minister Y.S. Rajasekhara Reddy will lay foundation stone for Dalmia Cement Factory at Navabpet in Mylavaram mandal on April 20. He will later address a public meeting near Sri Venkateswara temple at Narapuram in Jammalamadugu town. C. Adinarayana Reddy, Jammalamadugu MLA, Collector M.T. Krishna Babu and SP Y. Nagi Reddy and other officials on Thursday inspected the foundation stone-laying site for Dalmia Cements Factory and the site for helipad near the ITI in Jammalamadugu.... |
Cemex seen surviving any Venezuela cement takeover16 April 2007, Published under Cement NewsAny nationalisation of cement companies in Venezuela is unlikely to hurt the global operations of producer Cemex, but the Mexican company is still trying hard to avoid a possible government takeover. Venezuelan President Hugo Chavez, an anti-U.S. leftist, said on Thursday he would investigate whether to nationalize cement factories as part of a socialist drive to take over companies in areas such as oil, power and media. The sheer size of Cemex, the world’s No. 3 cement producer wi... |
First VP tours Sharq Cement Plant16 April 2007, Published under Cement NewsFirst Vice President Parviz Davudi on Saturday inspected the development process of Sharq Cement Plant, 24km northeast of Mashhad, the capital of Khorassan Razavi Province. Majid Esmaeilzadeh, the managing director of the plant, said that a 60 per cent progress has been achieved in the development project of this big industrial unit, which is currently under construction. Esmailzadeh added that 1,125 billion rials has been invested in the project. He noted that the 400-billion-rial fund a... |