Cement News tagged under: international
Yemen Corp reports 1.46Mt of output10 January 2007, Published under Cement NewsState-run Yemen Corporation for Cement Industry and Marketing reported a total output of 1,460,545t of cement in 2006, exceeding the planned output of 1,270,000t for the year. The corporation manages the state-run cement plants in Amran, Al-Barh and Bajil. Total production of the Bajil plant reached 325,496t in 2006, some 55,496t above the target for the year. The cement plant in Amran, to the northwest of the Yemeni capital Sana, produced 555,296 tonnes, exceeding the plan by 55,... |
Cement production grows 19.2% in Argentina in 200610 January 2007, Published under Cement NewsCement production has grown by 19.2% in Argentina in 2006, in comparison with the previous year, due to an increase in the activity of the private and public construction. During December 2006, were delivered 713,818t of cement, which represented an increase of 1.7% in comparison with the same month of 2005. The construction in Argentina has grown 8.9% in November 2006 and has reached its highest level of the last 13 years. |
Cement dispatches at all-time high in Andhra Pradesh10 January 2007, Published under Cement NewsCement sales for the month of December last year in Andhra Pradesh touched an all-time high of 1.6Mt, triggering off the demand-supply gap speculation in the state for the first half of the current financial year. The figure is 23 per cent higher, compared with 1.3Mt during the corresponding month in 2005. The total installed capacity of cement plants in the state is about 24Mt a year. Yet, the state was facing supply constraints as the companies here had to first fulfil their export ti... |
Midroc Ethiopia finalises new plant tender10 January 2007, Published under Cement NewsDerba-Midroc Cement Plc, a subsidiary company of Midroc Ethiopia, has reportedly selected the China Housing and Building Company (CHBC) for the turnkey construction of a brand new cement factory near Chancho town, 40km north of Addis Abeba, in the Oromia Regional State. Established with a capital of 2.4 billion Br, Derba- Midroc has received a 123.42ha plot to erect a cement plant with a production capacity of 7000tpd. When completed, the factory is projected to manufacture an amount twice ... |
Holcim to invest in US$15m plant expansion10 January 2007, Published under Cement NewsHolcim Ltd plans to infuse around US$15m to set up stand alone packing and grinding plant in Sri Lanka, a top official said Tuesday. Holcim, the island’s biggest cement player, operates the only fully fledged cement manufacturing facility in Sri Lanka. The company, which commands around 30 per cent of the island’s 3.8Mt cement market, says a shortage of lime-stone supplies is keeping growth on check. With plants in Puttalam (in the island’s west coast) and Galle (in the south), Holcim has... |
Lafarge in talks for Azerbaijan cement works10 January 2007, Published under Cement NewsThe question of building a new 1.5Mta cement plant in Azerbaijan will be discussed at the meeting of the Azeri-French economic committee that began in Paris yesterday. Azer-press learned from sources in Azerbaijan’s Economic Development Ministry that Lafarge is interested in undertaking this project. Presently there is only one major cement plant in Azerbaijan, owned by Garadagh Cement. This plant meets 50 per cent of the local cement demand (Garadagh Cement is capable of producing 1 to... |
Saudi Tabuk Cement Q4 net profit flat at $10m10 January 2007, Published under Cement NewsSaudi Arabia’s Tabuk Cement Company said on Tuesday fourth-quarter net profit amounted to SAR37.6m ($10.3m), unchanged from the same period in 2005. The firm said in a statement posted on the bourse Web site the slowdown was due to a lull during Islam’s fasting month of Ramadan and holidays during the period. Full-year profit grew 41 per cent to SAR218m on higher sales volume. Eastern Province Cement Company said on Tuesday fourth-quarter net profit rose 79 per cent from a year earlier t... |
HeidelbergCement circles India’s Shiva09 January 2007, Published under Cement NewsIn a sign that it still has an appetite for inorganic growth, HeidelbergCement is set to acquire stake in Shiva Cements, based in Rourkela, Orissa. While a confirmation could not be obtained, sources said the German cement major is in talks with the company’s promoters and corporate bodies. At present, the promoters - Rajendra Prasad Gupta and Sudha Gupta - hold 8.37%, corporate bodies 11.4% and IDBI 5.3% in Shiva Cements. The public holds 70%. The company, incorporated in 1985, has a ca... |
Rinker buoyed by housing data09 January 2007, Published under Cement NewsRinker has been boosted by news of the the US housing market will start picking up in 2007, which accounts for about 80 per cent of its revenue, as it fights off a $16.8bn takeover bid. Mexican predator Cemex has insisted any recovery in the US is unlikely this year, but recent data from the US indicates housing growth will pick-up in mid-2007. This would tally with Rinker’s defence strategy that the company is undervalued because of the housing weakness and it is worth more than Ce... |
Uzbekistan produces 5.8Mt of cement – over a half of region’s output09 January 2007, Published under Cement NewsIn 2006 Uzbekistan produced 5.8Mt of cement, which is more than a half of the Central Asian region’s total output. Uzbekistan’s domestic sales exceeded 4.4Mt – the remaining 1.12Mt were sold to foreign construction companies, Uzstroymateriali Company said. In the next few years Uzstroymateriali is planning to launch five new cement productions. The construction of plants in Surkhandarya, Jizzakh regions and Karakalpakstan was first announced last year during the spring construction fair.... |