Cement News tagged under: international
Imported cement required to meet Indonesian National Standard26 March 2007, Published under Cement NewsThe government of Indonesia is going to apply the Indonesian National Standard to imported cement starting from April 2007. The policy aims to protect the national cement industry and anticipate the flood of imported cement from China. Director of Downstream Chemical Industry at the Department of Industry Tony Tanduk revealed the policy could force imported cement to be retained at ports for further quality tests. "The policy can reduce possibilities for the entries of low-quality ... |
Caliza Cemento Inca inaugurates facility, Peru26 March 2007, Published under Cement NewsCaliza Cemento Inca has inaugurated a 78,000t facility in Cajamarquilla, district of Lurigancho. Speaking at the opening ceremony, g eneral manager Carlos Choy estimates that prices of cement in the Peruvian market will increase 10 per cent this year. |
Govt to encourage cement imports to curb rising prices: Nath26 March 2007, Published under Cement NewsThe government of India may take steps to encourage cement imports in a bid to contain spiralling prices of the construction material, Commerce Minister Kamal Nath said. "We will look at encouraging import of cement," Nath told reporters here. Though the government has already abolished import duty in portland cement, yet imports have failed to take off due to prevailing high prices in the international market. "We need a 100Mt capacity in the cement industry," he said, adding... |
Body set up to probe cement prices hike causes26 March 2007, Published under Cement NewsThe Monopoly Control Authority (MCA) Chairman, Khalid A Mirza, has set up a four-member committee to investigate the alleged cartelisation of cement manufacturers, and other possible aspects, which led to sharp rise and fluctuations in cement prices. This action is the follow-up of Cabinet decision asking the MCA to look into the allegations of any cartelisation. He said the process would take some time as MCA research team would have to dig out the facts, with proofs. It is feared... |
Cruz Azul opens plant in Puebla26 March 2007, Published under Cement NewsCruz Azul opened a new plant Friday in Puebla, following an investment of US$350m. Guillermo Alvarez, chief executive of Cruz Azul, said the facility will have a capacity of 1Mta. Cruz Azul operates three other cement plants in Mexico. The country’s cement industry, which is dominated by Cemex, is expected to grow 3% this year in terms of volume, following 8% growth in 2006, according to the Mexican cement chamber Canacem. |
Mykolaivtsement increases cement output by 16.1% to 59,200t In February26 March 2007, Published under Cement NewsIn February, the Mykolaivtsement company (Mykolaiv, Lviv region), one of the five largest producers of cement, increased cement output by 16.1% or 8,200t, compared to February 2006, to 59,200t. According to a statement from the company, in February Mykolaivtsement increased clinker output by 48.6% or 21,300t, as compared to February 2006, to 65,100t. In January the company increased cement output by 42.9% or 16,500t to 55,000t, as compared to January 2006. In January the comp... |
Cement plant coming to Houston26 March 2007, Published under Cement NewsVotorantim Cimentos plans to build a cement plant in Houston County, but startup of the plant is about three years away. The company, to be called Houston American Cement, is a subsidiary of Votorantim Cimentos North America, which has cement plants in Florida and Canada, said Dan Fritz, CEO of Houston American Cement. Due primarily to environmental and mining permit requirements, Fritz said construction likely wouldn’t start until summer, 2008, which would put the startup in earl... |
Emami to diversify into cement sector26 March 2007, Published under Cement NewsThe Emami Group of companies is diversifying into a new business. A Kolkata-based group with interests in personal and healthcare businesses, the group has decided to foray into the cement segment. It has just signed a memorandum of understanding (MoU) with the Chattisgarh government for setting up a 4 million tonne cement plant. The proposed project also entails setting up of a 100 mw captive power plant in the state. Total outlay on the project is estimated at Rs 1,600 crore. Elaborating... |
Oyak Group sells out 41.1% stake in Oysa Cimento to Sabanci26 March 2007, Published under Cement NewsOyak Group has signed a share transfer agreement with Sabanci Holding to sell its 41.0.9% stake in the cement company Oysa Cimento. Oyak Group’s ISE-listed cement company Adana Cimento, which holds a 22.21% stake in Oysa, will receive USD 38.3mn. Mardin Cimento, holding 9.99% Oysa shares, will receive USD 17.2mn from the share sale. Oyak Group and Sabanci also signed another asset sale agreement according to this agreement Oysa’s Iskenderun facility will be sold to Adana Cimento for USD 70... |
Syrian demand for cement to grow eight per cent in 200726 March 2007, Published under Cement NewsCement market continues to post strong annual growth. Capacity should increase in the coming years after new plants start production. Syria’s market demand for cement is expected to reach 6.5Mt in 2007, according to Ahmad Ali Saleh, director general of OMRAN. The figure is lower than the estimates of most industry analysts, which put annual demand for cement at anywhere between 7 and 8Mt. In 2006, demand for cement stood at 6.2 million tons, Mr Saleh told The Syria Report, meaning that ann... |