Cement News tagged under: international
ASEC tops Cimpor bid20 February 2007, Published under Cement NewsArab Swiss Engineering Company (ASEC) has launched a counterbid for Egyptian cement company MISR Cement Co. issued shortly after Cimpor unveiled its offer for the cement maker. ASEC is offering 10.51 eur per MISR share, 12 pct more than Cimpor’s 9.30 eur per share offer, the paper added. Cimpor it is offering to buy all the 30 mln shares which make up MISR’s share capital, conditional on receiving acceptances from holders of 15m shares plus one of MISR. MISR owns one cement factory with a... |
Indonesia’s Jan cement consumption up 18.6 per cent YoY20 February 2007, Published under Cement NewsIndonesia’s cement sales rose 18.6 percent in January from a year ago as the sector showed signs of recovery on the back of a pick-up in construction, data from the Indonesian Cement Association showed on Tuesday. Cement sales were hurt by an economic slowdown in early 2006, but a strong recovery in the fourth quarter put the industry’s overall annual growth at 1.8 per cent last year, higher than analysts’ expectations of flat growth. Analysts expect cement sales in the world’s fou... |
Belarusian Cement Works reports 110-per cent export increase in January20 February 2007, Published under Cement NewsThe Belarusian Cement Works (BCW) increased its exports by 110 percent in January 2007, a source at the enterprise located in Kastsyukovichy, Mahilyow region, told BelaPAN. According to the source, the works exported 2,800 tons of cement in the first month of 2007, with exports to Russia accounting for 82 per cent. The BCW also exported its products to the Baltic states. In January 2007, the works increased its industrial output by 13.1 per cent to 4.4 billion rubels, and cement outp... |
Cement Production up 56.9% to 767,000t in January20 February 2007, Published under Cement NewsIn January Ukrainian cement production rose by 56.9% compared to January 2006, to 767,000t. In January 2007, production of cement fell by 26.9% against December 2006. As Ukrainian News earlier reported, in December, cement production rose by 43.2% compared to December 2005, to 1,049,000t. In 2006, production of cement grew by 12.9% compared to 2005 to 13,732,000t. More than 15 enterprises produce cement in Ukraine, and their total annual capacity is more than 20Mt. |
Three new cement plants to start production soon20 February 2007, Published under Cement NewsThree new cement production plants will commence production by the end of the Iranian calendar year (March 20, 2007). With three cement production plants due to become operational in the Iranian cities of Zanjan, Saveh and Firuzkuh by the year-end, around 1,004,200t of the product will be added to the nation’s current production capacity, noted Monday, an official with Ministry of Industries and Mines. The annual production capacity of Zanjan plant is scheduled to stand at 600,000t, Saveh... |
Saudi al-Ahsa plans US$320m cement plant20 February 2007, Published under Cement NewsSaudi al-Ahsa Development Co said it plans to build a 1.2bn riyals (US$320m) cement plant, the latest in a series of similar projects aimed at tapping rapid growth in demand. The firm is considering raising its capital to help finance the project, Ahsa said in a statement on the bourse’s Web site. It did not say where the plant would be located and what would be its projected production capacity. Eight cement companies are listed on the Saudi stock market including Tabuk Cement a... |
Vulcan Materials to buy Florida Rock20 February 2007, Published under Cement NewsVulcan Materials Co., the biggest U.S. producer of highway construction materials, said Monday that it would acquire Florida Rock Industries Inc. for $4.6 billion in cash and stock to expand in the U.S. Southeast and the mid-Atlantic region. Florida Rock stockholders would receive either 0.63 shares of the new company or $67 in cash for each of their shares. The offer, which is prorated so that 70% of Florida Rock shares would be converted into cash and 30% into stock, values the Jacksonv... |
Peru cement output up 3.36 per cent YoY Jan 200719 February 2007, Published under Cement NewsPeru’s cement output rose to 452,145t in January 2007, up 3.36 per cent YoY, according to data of the Peruvian association of cement producers Asocem. Domestic cement sales rose to 445,855t in January 2007, up 10.4 per cent YoY, while cement exports fell to 26,246t, down 16.5 per cent. In full 2006 Peruvian cement output rose to 5.68Mt, up 13 per cent YoY, domestic sales rose to 5.08Mt, up 16 per cent, and cement exports rose to 630,000t, up 6.2 per cent. In 2007 cement sales in ... |
India’s building boom fuels coal rush19 February 2007, Published under Cement NewsSoaring demand for cement to feed India’s construction boom is forcing the country’s cement makers to import much more coal, driving up prices in South Africa as cheaper alternatives dry up. Coal, together with lime, is commonly used for making cement and it also provides heat for the process. India has domestic reserves of coal, but a surge in construction work has made it increasingly dependent on imports. "We estimate, on average, that there’s been a rise of 10-15 percent in... |
Cement production numbers please sector19 February 2007, Published under Cement NewsCement production during the January through November period of 2006 amounted to 43.6Mt, according to Turkish Cement Manufacturers’ Association data. The exported cement in the same period was 5.2Mt. Production increased by 4.1Mt, while exports decreased by 1.8Mt compared to the same period the previous year. Cement production for the first 11 months in 2005 was 39.5Mt, while exports were 7Mt. Production increased by 10.3 percent and exports decreased by 26 per cent. The major share of prod... |