Cement News tagged under: international
Holcim Romania 2006 turnover Up 28%25 January 2007, Published under Cement NewsThe Romanian unit of Holcim said on Wednesday its 2006 turnover rose by 28% to a preliminary 774 million lei ($296 million/228 million euro) driven by the buoyant construction sector. The growth of the company reflected the upward trend on the building materials market in 2006, Holcim Romania’s country manager Marcus Wirth said in a statement. "Romania’s overall cement market was 7Mt in 2006. January is so far exceeding all expectations and we project a 15% growth in terms of volume... |
Fuchuan Cement’s 2,000tpd upgrade project25 January 2007, Published under Cement NewsFuchuan Cement Plant in Funing County, Yunnan Province, announced yesterday that it had already started the technology upgrade project for its new-type 2,000tpa dry-processed clinker production line. After the said project goes into production, the company will produce 600,000t cement clinker annually, with an annual output value and taxes handed in exceeding RMB200M and RMB20M, respectively. |
PPC says Q1 cement demand up 8.3%24 January 2007, Published under Cement NewsPretoria Portland Cement (PPC) has said the positive outlook in South Africa continues as evidenced by regional cement demand growth of 8.3 per cent in the first quarter of this financial year. The Botswana market is starting to show some signs of recovery after a number of years of decline. All production lines were in operation and ran at high utilisation levels. During this recent period of peak demand, imported Surebuild cement was supplied to customers in the Cape Town and Port Eli... |
Vietnam cement prices likely to climb this year24 January 2007, Published under Cement NewsDomestic cement prices are likely to increase by roughly VND20,000 to VND30,000/t this year due to the hike of power and coal prices, according to the Construction Ministry and the Vietnam Cement Association. The two bodies said the price of power is slated to rise in a couple of weeks by 7.6 per cent, while coal will jump by 20 per cent. The cement association calculated that with the increasing rates of power and coal prices, the cement price hike must be higher; however, domestic cement... |
West China Cement to commission milling capacity at Lantian ahead of schedule24 January 2007, Published under Cement NewsWest China Cement Ltd said it will commission milling capacity at its new production site in Lantian, central northwestern China, slightly ahead of schedule in February, allowing early sales of cement. The Chinese producer and distributor of cement said firing of the kiln at the site, which is still under construction, is expected in March, with the plant scheduled to reach capacity from mid-year. West China Cement, which was admitted to AIM in December, said progress at the Lanti... |
Turkish Unye Cimento Plans $27.5m investments for 200724 January 2007, Published under Cement NewsTurkish cement company Unye Cimento, part of Oyak Group, said it will allocate TRY39m ($27.5m) for investments in 2007. The company targets to sell 1.35Mt cement and 180,000t clinker and export 350,000t cement and 100,000t clinker in 2007, generating a turnover of TRY210m ($148.4m), the company said in a statement to the Istanbul Stock Exchange on January 23, 2007. Cement production this year is forecast to reach 1.7Mt and production of clinker is seen at 1.5Mt. |
FLS sells marine and turbo gear business in Switzerland24 January 2007, Published under Cement NewsMAAG Gear AG, FLSmidth’s Swiss subsidiary, has today agreed to sell its marine and turbo gear activities to Renk AG, which is part of the MAN Group. The parties have decided not to disclose the selling price. - We have decided that MAAG Gear should in future concentrate on gears for the cement and minerals industries to align the FLSmidth Group’s gear activities with the strategy for the rest of the Group. MAAG Gear will therefore become 100% focused on the Group’s main business - the... |
Indian cement prices may not fall following abolition of customs duty24 January 2007, Published under Cement NewsThe Indian government’s decision to abolish the custom duty on Portland cement is unlikely to bring down the prices of the commodity in the domestic market. "In the general market, there will be no impact on cement prices due to cut in custom duty," J K Lakshmi Cement Whole Time Director Shailendra Chouksey said. He, however, said the projects near ports might be benefited with the abolition of duty on portland cement. "It is not a positive decision by the government," he said add... |
Cemex extends Rinker offer23 January 2007, Published under Cement NewsCemex has extended its A$15.26b hostile bid for Aussie construction materials firm Rinker Group as shareholders hold out for a better deal. Mexican cement giant Cemex has extended its US$12bn (A$15.26bn) hostile offer to acquire Australian construction materials firm Rinker Group Ltd as shareholders hold out for a better deal. Cemex, the world’s third biggest cement maker, has extended its US$13.00 (A$16.53) a share bid by two months to March 30, telling Rinker shareholders that it ... |
Thailand’s Siam Cement (SCC): Gloomy year in store23 January 2007, Published under Cement NewsBased on the current political and economic prospects, it looks unlikely that Siam Cement (SCC) will be able to maintain its healthy earnings going into 2007, after achieving stable operating profit in 2006. Earnings growth projection is revised down from -1% previously to - 7% for 2007, largely pulled down by the worsening outlook for overall domestic construction activity in both the public and private sectors. The concerns over politics and new regulations to the foreign business law are ... |