Cement News tagged under: international
Pakistan to export 2.5Mt of cement in FY 0706 February 2007, Published under Cement NewsFederal Minister for Industries, Production and Special Initiatives Jahangir Khan Tareen said that Pakistan would export 2.5Mt of cement during the current fiscal year. "Cement production has doubled from 11Mt over the last four years; This is going to give a fillip to construction industry," he said while addressing a press conference at SMEDA head office here. Tareen said the government would not allow artificial hike in the prices of cement and would protect the consumers’ interest like... |
Hoang Thach Cement starts construction of third production line06 February 2007, Published under Cement NewsHoang Thach Cement Company, a member of the Vietnam Cement Corporation started the construction of its third production line on February 4 at the company’s headquarters in Kinh Mon district, northern Hai Duong province. The new production line has a capacity of 3,300 tonnes of clinker a day, equivalent to 1.056Mt of cement a year. Total investment for the new production line is put at nearly VND 2 trillion. This is a new, modern cement production line. Danish contractor FLSmidth A/S has be... |
Italcementi’s volumes boosted in 200605 February 2007, Published under Cement NewsIn 2006, Italcementi increased turnover by 17.1% to EUR 5,854.1m, out of which cement and clinker represented €3,847.9m, and increase of 21.7%, and concrete and aggregates EUR 1,751.5m, an advance of 8.3%. Kind weather in the final months of the year resulted in a 14.4% increase in the fourth quarter sales line, though operating costs also rose. Cement and clinker shipments for the year increased by 13.6%, or by 4.1% on a comparable basis, to 64Mt. Ready-mixed concrete deliveries ... |
Taiwan’s cement makers expand output in Mainland China05 February 2007, Published under Cement NewsEncouraged by the promising outlook of mainland China’s cement market, Taiwan’s major cement firms, including Taiwan Cement Corp, Asia Cement Corp, and Chia Hsin Cement Corp, are aggressively expanding their presence there. A domestic institutional investor noted Taiwan Cement and Asia Cement will post higher profits because of the inauguration of their new production facilities in the mainland in 2007. Chia Hsin Cement said it would build distribution channels by setting up wharve... |
Cement prices further up by Rs 10 per bag05 February 2007, Published under Cement NewsPakistan cement manufacturers on Friday raised the prices of cement by Rs 5 to 10 per bag in the wake of rising demand in the country, industry sources told Business Recorder. With this increase, the prices of cement have gone up to Rs 215-245 per bag from Rs 210-245. Dealers said that some cement manufacturing companies have officially announced the new rates, while others have just informed them on phone. On Thursday, north zone cement manufacturers had increased the prices by Rs 10 per b... |
Govt guarantees French loan for Song Thao cement project05 February 2007, Published under Cement NewsThe Prime Minister has given the Ministry of Finance permission to provide a guarantee for a VND1.5 trillion ($93.75m) loan to finance the ongoing construction of Song Thao cement plant in northern Phu Tho province. The loan comes from the French-based PNB Paribas. The project’s investors are the Housing and Urban Development Corp., Vietnam Machinery Installation Corp. and Phu Tho Cement Co. Vietnam’s cement industry will need $3.4bn of investment capital to satisfy burgeoning demand for ... |
Secil Lobito 50 per cent rise in production05 February 2007, Published under Cement NewsAngolan producer Secil Lobito recorded a 50 per cent increase in production, reaching 173,000t in 2006, against 115,000t in the previous year. Victor Rodrigues, the company’s administrator, attributed the increase in production to economic stability and construction of various infrastructure projects in the province He also recognised that output does not fully satisfy domestic demand. To overcome this situation, he said the plant is importing quantities of cement from Portugal. |
Obajana Cement Factory for Commissioning April02 February 2007, Published under Cement NewsThe state-of-the-art cement factory constructed by the Dangote Industries Limited will be ready for commissioning in April this year Business Trust learnt. The plant will have the capacity to produce 4.4Mt of cement per year and will include a 135 mega watt gas fired power plant. Located at Obajana, Kogi state, the plant is a multi-billion naira project which has in the last four years consumed about $950m (about N110bn ). Alhaji Aliko Dangote, Chairman of the company, told newsme... |
Holcim looks at opportunities to construct plant in Azerbaijan02 February 2007, Published under Cement NewsThe economic development ministry and Swiss company Holcim are studying the feasibility of constructing a new cement plant in Azerbaijan, according to economic development minister Heydar Babayev. " The project is under consideration in connection with growing need for cement in the country. Also, there are offers from local companies to adjust cement production, but unlike foreign companies, local ones fail to conduct detailed marketing and seek to create enterprises with full producti... |
Himachal-Jaypee sign Rs.8 bn cement plant deal02 February 2007, Published under Cement NewsHimachal Pradesh Thursday signed a deal with Jaiprakash Industries Associates Limited (Jaypee) for setting up a Rs.8bn ($181m) cement plant in the state. The Broh Shind cement plant in Chamba Valley will have a capacity of two million tonnes per annum and will come into operation within the next five years after clearance from the central environment ministry, says the memorandum of understanding (MoU). The MoU was signed here by Prem Kumar, secretary of industries, Himachal Pradesh,... |