Cement News tagged under: international
Pakistan cement makers summoned on 10th to justify price hike08 February 2007, Published under Cement NewsMinister for Industries and Production Jahangir Tareen has taken serious notice of quantum jump in cement prices and summoned the manufacturers on February 10 to justify their action. The cement prices had gone from Rs 200 to Rs 275 per bag during the last one week at retail level and the consumers do not see any relief in the coming days as demand always remains on the rise in February/March. Short supply and rumours of more increase in the rates are making things happen for the profite... |
Angola cement factory estimated at US$100m08 February 2007, Published under Cement NewsSecil Lobito says it may spend around US$100m in the construction of a new cement factory, with a 600,000tpa capacity. The administrator of Secil Lobito, Victor Rodrigues, said that the start of the construction work of the new factory only awaits the authorisation of the Cabinet Council. Its current cement works has a production capacity of 240,000tpa, but due to the frequent breakdowns in the equipment it has been difficult to reach the full production levels. To overcome this d... |
New cement plant to be launched in Krasnoyarsk, Russia08 February 2007, Published under Cement NewsA new cement plant will be launched in Krasnoyarsk in 2009. The new works will manufacture up to 1.2Mta of cement. Equipment for the plant will be supplied from Germany, the Union of Builders of the Krasnoyarsk region officially reported. |
Colombia Cementos Argos sales seen up 4%, 200708 February 2007, Published under Cement NewsColombian largest cement and cement products maker Cementos Argos expects to increase the volume of its sales in the country to 4.25Mt of cement in 2007, up by four per cent YoY officials of the company said. Currently Cementos Argos holds a market share of about 50 per cent in Colombia and is encouraged in its projections by the rising domestic demand, the increasing number of public and private projects and the overall economic stability. In 2006 Cementos Argos was affected in its pe... |
Lafarge Boral Gypsum in Asia invests08 February 2007, Published under Cement NewsLafarge Boral Gypsum in Asia (LBGA), a 50/50 joint venture of Lafarge SA and Australian peer Boral Limited will invest US$28m to build two plasterboard factories in China and India, Lafarge announced. The first plant will be located in Chengdu in the Sichuan province, central China, while the second one will be built close to New Delhi, the capital of India. The two facilities are expected to begin production in the first quarter of 2008. Each of the units will have a capacity of 10 mil... |
Pakistan cement consumption increases by 63 per cent07 February 2007, Published under Cement NewsThe resumption of nationwide construction activities after the winter spell has skyrocketed the local consumption of cement to 63 per cent higher than last January. The construction activity has shot up both in public and private sectors besides the Northern Areas, and the cement demand has received a sudden jump. The industry sources are expecting further rise in consumption in the days to come while disagreeing with the impression that the cement prices would touch again the highest-ever... |
Cemex invests in Panama ops, approval for new UK grinding and blending facility07 February 2007, Published under Cement NewsCemex will invest $200m in the enlargement of its plant Cemento Bayano in Panama during the next two years, the company announced. The project includes the construction of a new kiln line, which will be completed in 2009. Cemex’s decision to expand the plant capacity reflects the company’s confidence in the Panamanian economy and the high growth of the local construction industry, Cemex president for South America and the Caribbean, Juan Romero, said. Currently, the Bayano plant produ... |
Manmohan voices concern over rising cement prices07 February 2007, Published under Cement NewsTo rein in soaring inflation in the country, India’s Prime Minister, Dr Manmohan Singh, has urged the industry to resist from raising prices of essential commodities. He also urged it to enhance its supplies to narrow down the supply-demand mismatch. While interacting with an Assocham delegation recently, the Prime Minister also expressed concern over the rising cement prices and advised the chamber to interact with its members and persuade them to bring it down. |
Fushe Kruje invests US$150m in new line07 February 2007, Published under Cement NewsAlbania’s largest cement producer, Fushe Kruje, is investing $150m in its second cement production line in western Albania, a senior executive said. The company, majority owned by Lebanese cement group Seament, is planning to continue strengthening its position in the cement market in the country, Robert Solomon, general director of the producer’s existing cement line in Fushe Kruje, told SeeNews. "The new cement line will be an investment worth $150m and will have an annual output ... |
Cement Corp prioritises five major projects for 201006 February 2007, Published under Cement NewsThe Vietnam Cement Corporation (VCC) is working on its senior scheme to build and expand five cement plants by 2010 in an effort to add 10Mt to its annual output, said a VCC official. The scheme partly involves the construction of three new plants, Bim Son, Binh Phuoc and Ha Tien II, with a combined annual output of 5.4Mt, said Le Van Chung, Chairman and CEO of VCC. Also, the But Son cement factory will get a second production line and the Hoang Thach cement factory, a third producti... |