Cement News tagged under: international
Cement supply gap to stay till 2009, India22 March 2007, Published under Cement NewsWhile the government has succeeded in forcing a freeze on cement prices for one year effective from March 9, the demand-supply gap in cement, which is driving up prices, is likely to continue for another two years. Moreover, there is a possibility of some capacity additions getting stretched beyond schedule. This gap will have a bearing on prices once the freeze period comes to an end. Most of the 80 million tonne capacity addition that has been announced will come only in the fiscal 2009-... |
World Bank favours cement imports, Philippines21 March 2007, Published under Cement NewsThe World Bank has recommended importing cement in the short-term period to bring down prices, saying cost competition in the industry “appears to be constrained.” The World Bank in talks with authorities earlier this month noted that cement prices in the Philippines were among the highest in Asia and needed to be brought down to levels comparable with other countries in the region. Citing data from JP Morgan and national associations, the World Bank said cement prices in the Philippines a... |
Govt to meet cement cos this week, India21 March 2007, Published under Cement NewsThe government has invited cement makers for talks later this week, finance minister P Chidambaram said on Monday. "If they (cement makers) find difficulties in adding capacity or accessing coal or raw materials, certainly government will help them in that regard," Mr Chidambaram said in his reply to the debate on Budget 2007-08 in the Rajya Sabha. "The government has once again invited the cement manufacturers to meet later this week, so that we can have their proposals, if any, and th... |
Eurocement to invest $30m in Ukrainian Balcem cement unit21 March 2007, Published under Cement NewsRussia’s Euroement Group plans to invest US$30m in its Ukrainian cement plant Balcem, aiming to boost its capacity, said group president Mikhail Skorokhod. The company will relaunch Balcem’s fifth production line, which has been out of operation for 15 years, raising the plant’s annual cement production capacity by 1Mt. EuroCement Group incorporates 16 cement plants in Russia, Ukraine and Uzbekistan, which have a total capacity of 35Mt. The company is the eighth largest cement produc... |
Yemen Corp for Cement to launch new line in Sept’ 200721 March 2007, Published under Cement NewsState-run Yemen Corporation for Cement Industry and Marketing plans to put into operation in September 2007 a new production line, estimated at US$136m, at its cement plant in Amran. The new production line will have an annual capacity of 1.2Mt, to be added to Amran plant’s current capacity of 500,000t. Works on the establishment of the new production line were launched in 2003 by Japan’s Ishikawajima-Harima Heavy Industries Co (IHI). Amran plant, located to the northwest of t... |
Romania’s large cement makers will have to double production21 March 2007, Published under Cement NewsRomania’s major cement makers will have to double production capacities to cope with the spectacular rise in the internal demand, which follows the trend of the construction market. The estimates say the cement market may reach in 14Mt in 2011 versus 7.7Mt in 2006. Bogdan Arnautu, communication director with Carpatcement Holding, the Romanian subsidiary of HeidelbergCement, says the cement market rose in 2006 by some 26% to 7.7Mt, by 1.6Mt more than in 2005. The company’s officia... |
Cabinet discusses cement material situation in markets, Syria21 March 2007, Published under Cement NewsPrime Minister Mohamad Naji Ottri on Tuesday called Ministries of Economy and Industry to take necessary procedures to supply cement material in the local market. Heading an ordinary cabinet session, the Premier called for increasing the productive capacity of cement factories or importing cement through public and private sectors from external markets. Later, the Cabinet discussed draft law on registration of companies’ branches and agencies in addition to foreign institutions. It also d... |
British Aggregates Association launches cement market investigation20 March 2007, Published under Cement NewsThe British Aggregates Association, BAA, has brought in a specialist firm to investigate claims that the UK cement market is not operating properly. The move is in response to a the growing number of complaints being received about material shotages, high prices and a perceived lack of genuine competition among suppliers. Association director Robert Durward: "For some time now we have been getting reports of independent companies experiencing difficulty in getting competitive prices for cem... |
Cement prices rise three per cent on higher input costs20 March 2007, Published under Cement NewsThe Vietnam National Cement Corporation (VNCC), the country’s biggest cement producer, announced a hike of VND20,000 per ton in cement prices, up 3%, due to higher production costs of electricity, imported clinker and transportation, Vietnam News reports. The above factors pushed up cement prices by about VND50,000 a ton over the past two years, said a VNCC official. The corporation would increase prices gradually to avoid negative effects on the market, and would continue to cut p... |
Lafarge Ciments opens EUR20m slag grinding plant in Western France20 March 2007, Published under Cement NewsLafarge Ciments, the French unit of Lafarge SA, has invested EUR20m (US$26.6m) to open a slag grinding mill in Bassens, western France. The plant will granulate slag, a by-product of the metallurgic industry used to improve cement strength. The facility stands on a 8.5ha plot near the port of Bordeaux and has a capacity to process 300,000tpa of slag. The material will be shipped from Dunkirk, northern France, treated at the Bassens site and transported by train to Lafarge’s cement... |