Cement News tagged under: international
Germany lays foundations for revival in construction23 January 2007, Published under Cement NewsThe Continental European construction sector rose 34% in 2006 driven by positive organic growth. Despite the hindrance of high energy costs, companies generally had good pricing power and were able to pass these costs on to customers, allowing them to outperform. Demand for cement for example was high in the fourth quarter due to favourable weather conditions and the turnaround in economic fortunes at a macro level also boosted a number of construction companies in Europe. This includ... |
Cement industry to expand four per cent in 200723 January 2007, Published under Cement NewsMexico’s cement industry is to expand just four per cent in 2007. One of the main reasons that prevent a bigger dynamics is the lack of great infrastructure works, representatives of the sector said. The only thing that will keep the sector afloat will be the construction of half a million houses over the next 12 months. Great infrastructure works won’t start until 2008. In this sense, Osmin Rendon, Director General of the National Chamber of Cement (Canacem), confirmed that the organism wil... |
Peru Cement Output Rise 13 per cent YoY 200623 January 2007, Published under Cement NewsPeru’s cement output rose 13 per cent to 5.68Mt in 2006, the country’s Association of Cement Companies (Asocem) said. Annual domestic sales went up by 16 per cent to 5.08Mt and exports improved by 6.2 per cent to 630,000t. In December 2006 alone, the cement production in Peru stood at 494,296t, as 459,505t were sold on the domestic market and 234t were exported. The higher cement demand in the country was mainly a result of the increased housing construction, Daniel Cordova, ana... |
Rinker Acquires Leading Construction Materials producer in Oregon23 January 2007, Published under Cement NewsRinker Group Limited has expanded the group’s operations in the US Pacific north-west, with the acquisition of one of the leading construction materials producers in Salem, Oregon -- the Walling Sand & Gravel companies (Walling). Walling, a privately-owned group of companies, was established in 1940. It is the number two aggregates producer in Salem, with around 25 per cent of the local market. Walling’s West Salem quarry is the largest quarry in the region. It commenced operatio... |
Rise in cement price satisfies “only… government", Mauritius23 January 2007, Published under Cement NewsAt the end of the day, no one is really happy with the latest cabinet decision on the increase in the price of cement, according to local Mauritian news reports. People engaged in constructions activity will have additional expenses while suppliers consider the increase far from enough. As the latter had asked for a 20% rise in the price of this commodity, the 14,87% increase approved by the government last Friday does not meet their expectations. As a result, the threat of a shortage is sti... |
Italcementi to invest in Bulgarian upgrade22 January 2007, Published under Cement NewsItalian cement giant Italcementi Group will spend BGN 360m (Blugarian lev) on the upgrade of its Devnya Cement plant in the northeastern Bulgarian city of Devnya, the company said. The reconstruction will make the production process more environment-friendly and will raise the plant’s capacity by some 50 per cent. The upgrade will be completed by the end of 2009. The plant exports 30 per cent of its output. The company bought Devnya Cement in 1998 and the cement mill Vulkan in Dimitrovgra... |
Cemex announces organisational changes22 January 2007, Published under Cement NewsCemex has the retirement of José Luis Sáenz de Miera, 60, President of Cemex’s Southern Europe, Middle East, Africa and Asia Region, after a 12-year career with the company. The operations under his responsibility will be integrated into the current European Region, forming a single operating region to be called Europe, Middle East, Africa and Asia Region. Effective as of today, this newly created operating region will be headed by Fernando A. González, President of the current European Re... |
Pakistan production likely to go beyond 45Mt in two years22 January 2007, Published under Cement NewsThe Pakistan government hopes that cement production will go beyond 45Mta in the next two years, as the existing 28 units are planning to further enhance their output capacity. Sources in the Ministry of Industries and Production said that a couple of new plants may be set up, as three investors from UAE, Egypt and Qatar are exploring the opportunities to invest in this sector. However, they have not yet made up their mind, and decision is likely to be taken in the first quarter of this ... |
Dealers to stop selling cement from February22 January 2007, Published under Cement NewsThe Kerala Cement Dealers Association has decided to stop the sale of cement in the State from February 1 in protest against the notice for commercial tax of Rs.30 crore clamped on the dealers. Association president M.R. Francis in a statement here on Friday said that the notice for tax was clamped on the dealers due to the confusion created while implementing Value Added Tax (VAT) from April 1, 2005. The tax was demanded on the credit notice issued by the cement companies to the ... |
Proposed cement standard likely to raise competition, South Africa22 January 2007, Published under Cement NewsThe proposed introduction of a new compulsory specification for cement has moved a step closer with the publication of a draft specification for public comment. If introduced, the new regulation is likely to increase international competition in the local market because it relaxes a key technical barrier to trade. The quality of common and masonry cement has been regulated in South Africa since 1998 by the Harmful Business Practices Act, which was subsequently replaced by the Business Prac... |