Cement News tagged under: international
Romanian Carpatcement Holding 2006 turnover up 39%09 March 2007, Published under Cement NewsRomanian Carpatcement Holding, a unit of German building materials and cement maker HeidelbergCement, reported a 39 per cent YoY increase in turnover to 980m Romanian lei ($381.26m) for 2006, the company said on March 9, 2007. Its cement producing division Carpatcement said its turnover alone jumped 40 pct on the year to 781m lei ($303.84 m) last year. The company also comprises a concrete division Carpat Beton and Carpat Agregate, producing aggregates. Carpatcement Holding ... |
Barbados market expands in 200609 March 2007, Published under Cement NewsThe Barbados cement market has expanded tremendously during 2006 fuelled by a vigorous construction industry, according to the general manager of the Arawak cement plant Mr. Satnarine Bachew. Mr. Bachew was speaking yesterday during a seminar on the environment at the company’s St. Lucy offices. In 2006, the Barbados market consumed more than 200,000t of cement for the very first time. Between the year’s 2002 and 2006 there was a 53 per cent increase in the demand for cement. Mr. Bachew ... |
Ambujas to expand cement plant in Himachal09 March 2007, Published under Cement NewsGujarat Ambuja Cement Ltd (GACL) plans to double production at its lone cement plant in Himachal Pradesh. Officials of GACL say in the next two years the company plans spending Rs.7 billion in a phased manner at its nearly 20-year-old cement plant at Darlaghat in Solan district, some 50 km from here. "We plan to raise the capacity of this plant from two million tonnes per annum (MTPA) to four 4Mta," Rajiv Jain, general manager, GACL said. "We also plan to double the headcount a... |
China’s Jiangxi Cement suspended from trading ahead of announcement08 March 2007, Published under Cement NewsJiangxi Wannianqing Cement Co Ltd said its shares will be suspended from trading in the Shenzhen stock exchange starting today ahead of an announcement. No further details were provided. The 21st Century Business Herald reported earlier this week that Anhui Conch Cement Co Ltd is seeking to acquire a stake in Jiangxi Wannianqing Cement. |
Mexico: Canacem expecting slower cement growth08 March 2007, Published under Cement NewsDuring 2007, the cement industry in Mexico is likely to grow at a rate of 3%, well below last year’s 8% advance, according to the president of the Camara Nacional del Cemento (Canacem), Osmin Rendon Castillo. During 2006, national cement consumption totalled a volume of 35.6Mt (the aforesaid eight per cent growth over 2005); this was the fifth consecutive year in which advances have been posted but such improvement was made possible by exceptional circumstances (the electoral process, the bo... |
Lafarge speeds expansion as demand soars, Morocco08 March 2007, Published under Cement NewsThe Moroccan affiliate of Lafarge SA will accelerate a capacity expansion to cope with soaring demand, its managing director said on Wednesday. Low-income housing, road infrastructure and tourism developments are using growing quantities of cement and ready concrete, especially in Morocco’s long-neglected north, site of a big new port and industrial complex. "It is not impossible that we find ourselves with two-figure percentage growth" in the Moroccan market this year, Lafarge Cim... |
Carpatcement’s cement production to double08 March 2007, Published under Cement NewsCarpatcement’s cement production will double in 2010 compared to the present level, as the company contemplates annual investments worth some EUR30m in the production facilities of the three cement plants based in Fieni, Bicaz and Deva, general manager of Carpatcement Mihai Rohan on Wednesday said. In 2006, Carpatcement Romania reported an about 40 per cent rise in turnover compared to the previous year, reaching 781 million lei. The turnover for the three companies - cement, concrete a... |
Industry shrugs off threat of ban on cement exports08 March 2007, Published under Cement NewsThe Union government’s threat to go ahead with the proposed ban on cement exports from India will not have the desired impact, say industry players and analysts. Having failed to control prices, first by abolishing import duty on cement and then by increasing excise duty on cement bags priced above Rs 190, the government has now threatened a ban on cement exports. Banning exports is not a feasible solution. "Temporarily, it might create regional imbalances in the demand - supply situation, ... |
Acquisition benefits help push ahead CRH’s results07 March 2007, Published under Cement NewsCRH produced at 29.7% increase in turnover in 2006 to EUR18,737.4m. The EBITDA rose by 25.4% to EUR2,455m and the trading profit advanced by 26.8% to EUR1,766m. 612.7m. Europe accounted for a turnover of EUR8,938.7m or 47.7% of the group total and an EBITDA of EUR1,154.9m or 47.0% of the total, while the Americas contributed a turnover of EUR9,798.7m and an EBITDA of EUR1,320.9m. Ireland contributed 6.7% of the group turnover, or EUR1250.9m, and 8.5% of the EBITDA. Capital investment in ... |
GE Energy to fund Binani Cement power plant07 March 2007, Published under Cement NewsGE Energy Financial Services, a unit of General Electric, on Tuesday announced that it was financing the construction of a power plant by Binani Cement Ltd. and will set up its first office in India to pursue additional energy and water investments. GE Energy Financial Services is lending Rs750m (US$17m) to Binani Cement for construction of a 22.3MW thermal power plant and associated common utilities in Sirohi, Rajasthan. This will enable Binani Cement, a subsidiary of Binani Industries Lt... |