Cement News tagged under: international
Cimpor reportedly acquires Lafarge Yibitas Orta Anadolu for EUR 535m.14 December 2006, Published under Cement NewsCimpor) acquired Lafarge Yibitas Orta Anadolu Çimento, a cement manufacturer, for EUR 535mn (TRY 1bn) according to local news reports from the Hurriyet. The deal is said to be announced in a few days. Lafarge-Yibitas is a joint venture between Lafarge Group and Yibitas Holding. The parties decided to end their partnership and put the company on sale. Lafarge-Yibitas Orta Anadolu has three cement factories in the cities of Yozgat, Corum and Sivas with an annual production capacity of nearly... |
Indonesia consumption jumps 52 per cent in November14 December 2006, Published under Cement NewsIndonesian cement consumption rose to 3.2Mt in November, a 52.4 per cent increase on the previous year. Month-on-month, cement consumption in November rose 29.7 per cent, Urip Timuryono, chairman of the association of cement producers (ASI) said. "The surge year-on-year was attributable to a delay in rainfall which normally starts in October," Timuryono said, explaining that the delay increased sales in construction projects. "The cut in interest rates initiated by the central ... |
MRTPC looking into cartelisation by cement companies14 December 2006, Published under Cement NewsThe Indian Monopolies and Restrictive Trade Practices Commission has asked its investigative arm DGIR to probe whether cement companies have formed a cartel. "MRTPC has informed it has referred complaints relating to cartelisation by cement manufacturers to Director General (Investigation and Registration) for investigation," Minister of State for Industry Ashwani Kumar said in a written reply. Kumar said cement prices increased at varying rates across the country between December 200... |
Argentine output up 13.6 per cent YoY14 December 2006, Published under Cement NewsArgentina’s production of Portland cement rose 13.6 per cent YoY in November 2006, the Association of Portland cement makers (AFCP) said. The production of Portland cement increased 7.6 per cent month-on-month in the 11th month of the current year. The sales of Portland cement, including exports, totalled 847,976t in November 2006. The Argentine construction sector has been among the main factors for the good development of the Argentine economy in the last few months. Argentine co... |
Dadri Bill gets LS nod14 December 2006, Published under Cement NewsThe Lok Sabha today gave its nod to a Bill paving the way for the closure of Dadri Cement Factory and auction of its premises. The Dalmia Dadri Cement Limited (Acquisition and Transfer of Undertakings) Amemdment Bill was passed by a voice-vote. Heavy Industries Minister, Sontosh Mohan Dev, said the government had decided to close down seven cement factories of CCL, which had become unviable due to obsolete machinery and mounting accumulated losses. He said since the Dadri Plant was nation... |
Duna-Dráva Cement plans investment project14 December 2006, Published under Cement NewsHungarian producer Duna-Dráva Cement plans an investment which will boost efficiency at the plant and bring it in line with EU environmental norms, company president-CEO Miklós Oberritter. The new kilns will reduce the plant’s emissions of CO2 as well as dust, sales and marketing director János Szarkandi said. The project is expected to start in 2007. Duna-Dráva Cement was formed with the merger of Beremendi Cement and Dunai Cement in 1997. The company’s staff of 550 produces an annual 2.5M... |
Vasavadatta’s unit IV getting ready13 December 2006, Published under Cement NewsVasavadatta Cements, a unit of the Kesoram Industries has set itself a target of more than doubling the production of clinker and cement after the inauguration of its fourth unit on the outskirts of Sedam in Gulbarga district in August. A spokesperson of the company told The Hindu here that the production capacity of the Sedam plant, which was 4.1Mt now, would be increased to 9.1Mt after the inauguration of the fourth unit in August next year. He said work on the new unit was in adv... |
Cement maker sets sights on competing overseas13 December 2006, Published under Cement NewsWith construction of its new facility in Tay Ninh Province commencing last week, Tay Ninh Joint Stock Cement Company (Tafico) aims not only to meet growing domestic demand but also become a competitor in foreign markets over the next five years, according to the company’s general director, Mai Ngoc Liem. "Tafico will focus its investments on technology and equipment for producing high-quality cement, developing human resources and promoting its trademark to penetrate new markets," says ... |
Govt rules out any ban on cement export13 December 2006, Published under Cement NewsThe Government of India today ruled out any proposal to impose a ban on cement exports despite rising input costs putting pressure on cement prices. There is no proposal under consideration at present to ban the export of cement, Minister of State for Commerce and Industry Ashwani Kumar said in the Lok Sabha. He attributed the rising production costs to cost inputs like coal, other fuels and transportation. Though cement is a decontrolled commodity and its price is governed by... |
Azerbaijan prices to rise13 December 2006, Published under Cement NewsThe sale prices of Garadagh Cement could reportedly rise by 12- 15% in 2007. This could be caused by several factors: the expected stiffening of the existing soft prices of gas, the monopolisation of imports, and the new rearrangement of distributors and dealers. However, the retail prices of cement will be shown on the bags in 2007. This will be initially done in Baku and Absheron. The Azerbaijani Economic Development Minister, Heydar Babayev stated last Friday that the retail prices o... |