Cement News tagged under: international
Cimpor up in spite of Portuguese drop16 March 2007, Published under Cement NewsCimpor improved cement shipments by 3.2% in 2006, to 20.45Mt. Downstream volumes declined as the dependency on the sharply declining Portuguese market is much greater here, and the aggregates volume fell by 2.0% to 12.97Mt while ready-mixed concrete deliveries were off by 1.6% to 6.94Mm³. The group increased its turnover last year by 6.8% to €1,638.9m, with margins widening as the EBITDA moved ahead by 13.6% to €563.0. The trading profit (EBIT) rose by 14.8% to €408.1m, while a higher ... |
SAIL, J.P. Associates to ally for cement plant16 March 2007, Published under Cement NewsSteel Authority of India Ltd (SAIL) has firmed up plans to form a joint venture with J.P. Associates to set up a 2Mta capacity cement plant in Bhilai. SAIL will hold 26 per cent in the proposed joint venture, which will produce cement using the slag generated in the blast furnace of Bhilai Steel Plant. SAIL, to ensure raw material security in the long term, has also proposed to form a joint venture with Manganese Ore India Ltd (MOIL) for setting up a ferro manganese and silico manganese man... |
China sees 2007 cement output up about 10 per cent YoY state planner16 March 2007, Published under Cement NewsChina’s cement output in 2007 is expected to rise about 10 per cent YoY, the National Development and Reform Commission (NDRC) said in a report published on its website. The country produced 1.24 bln tons of cement in 2006, up 15.5 pct, generating total sector profit of 15 bln yuan, up 92.6 pct, the NDRC said. It expects total profit for the sector in 2007 to increase even Demand for construction materials, including cement, will keep rising in 2007, but the growth rate is expected to ease s... |
Vietnam: new cement plant to open by 200916 March 2007, Published under Cement NewsThree companies have sunk US$126.7m into building a new cement plant that can produce 3,300tpd of clinker or 1.2Mt of cement a year in Nho Quan district, northern Ninh Binh Province. Vietnam Construction Investment and Export-Import Corporation (Constrexim Holdings), the Song Gianh Construction Material Joint-stock company and ILG, an international investment company, want to create a modern plant with European standards and hope the Nho Quan project will be operational in 2009. |
India Min: Govt keeping a close watch on cement prices16 March 2007, Published under Cement NewsIndia’s federal government is keeping a close watch on cement prices and hopes that cement companies will "moderate" prices, the NDTV Profit news channel reported Friday, quoting finance minister P. Chidambaram. He said that the government would also consider moderating prices of cement, hinting that dual excise duties imposed on the commodity may be eased, the channel said in a scrolling message. The government raised the excise duty to INR600 per ton from INR408 per ton for cement... |
Cement production slows in April-Jan, India15 March 2007, Published under Cement NewsIndian cement production growth slowed by more than half to 6.8 per cent in January against 15.4 per cent in the same month last year. In absolute terms, cement production stood at 14.5Mt in January 2007 against 13.57Mt in January 2006 and 11.76Mtin January 2005. This fiscal, cement production growth slowed down in five of the 10 months, figures of which are available. Besides January, growth in cement production was lower in May, June, August and December. Particularly in the month of ... |
China’s local governments ordered to scrap old cement factories15 March 2007, Published under Cement NewsThe National Development and Reform Commission, China’s top economic planning agency, has outlined plans for different provinces, autonomous regions and municipalities to eliminate outmoded cement production facilities, sources with NDRC confirmed on Thursday. The assignments should be completed by 2010, the NDRC has instructed. China plans to eliminate obsolete capacity of 250Mt by 2010, so as to achieve energy-efficient, environmentally-friendly production. According to the NDRC, if a p... |
GCC to open Colorado cement plant in 2H ’0715 March 2007, Published under Cement NewsMexican cement maker Grupo Cementos de Chihuahua SA said Wednesday that it plans to start production at its $220m cement plant in Colorado during the second half of 2007. "With the plant in Colorado, GCC consolidates its presence in the US market where it also has plants in South Dakota, Minnesota, Arkansas and Oklahoma," the company said in a press release. GCC also said it plans to invest in storage capacity at its US cement plants this year. GCC – with operations in Mexico, th... |
JK Cement new greenfield plant15 March 2007, Published under Cement NewsJK Cement is constructing a 3.5Mt greenfield plant in Karnataka. RG Bagla, Group Executive President of JK Cement adds that the government took an assurance from industry that if there is any increase in the input cost, they will not jack-up the prices and the government in turn will also try its best to help the industry. Below are excerpts from an interview by CNBC with RG Bagla: Q: Can you put into perspective what you have heard from the policy over the last week and how this would imp... |
Vietnam plans to shake-up construction industry14 March 2007, Published under Cement NewsThe Vietnamese Ministry of Construction has submitted to the Government a plan for restructuring the major State-owned construction enterprises, a significant remaining step in the overall process of equitising State-owned enterprises. The ministry plan would not only hasten the equitisation of State-owned corporations under its management control but also reorganise the largest to form five major construction, engineering and development groups with specialities in such areas as heavy e... |