Cement News tagged under: international
Cement company planning second limestone quarry08 December 2006, Published under Cement NewsThe Arizona Portland Cement Company is planning a second limestone quarry on federally controlled acreage next to state land where mining was already approved. The company intends to take 150,000t to 300,000tpa for 20 years from a quarry on 60 acres near Davidson Canyon where the Bureau of Land Management controls the mineral rights. Over time, the company plans to dig a 150-foot deep open pit. The state land commissioner approved leases last month for the cement company to take a similar... |
Holcim eyes raising stake in Gujarat Ambuja07 December 2006, Published under Cement NewsHolcim is looking to raise its stake in India’s Gujarat Ambuja Cements Ltd, the Business Standard newspaper said on Thursday, quoting a Holcim official. Holcim, which recently raised its holding in Gujarat Ambuja to 18.4 per cent, will continue to increase its stake, the newspaper quoted Holcim director Thomas Schmidheiny as saying. The Swiss company last month purchased 50 million shares in Gujarat Ambuja in a private placement at 137 rupees ($3.07) a share, to add to its existing holding... |
Sanghi to increase capacity07 December 2006, Published under Cement NewsSanghi Industries to increase capacity. Sanghi Industries, a cement producer based in Andhra Pradesh state, has announced plans to increase its capacity from 3.3Mt to 10Mta. The company will expand the capacity of its existing plant in Gujarat state by 5.7Mta and also plans to build a plant at Dadri in Andhra Pradesh with an annual capacity of 1Mt. .The company is confident that increased investment in India’s infrastructure sector will continue to push demand for cement. |
German court to rule in February on cement claims07 December 2006, Published under Cement NewsA German court said on Wednesday it will decide in February on compensation claims by a Belgian firm against six cement companies following alleged price-fixing. Cartel Damage Claims (CDC) is seeking at least EUR113m compensation, alleging that Lafarge , Dyckerhoff , HeidelbergCement , Readymix, Holcim and Schwenk formed a cartel between 1993 and 2001 which caused customers to pay inflated cement prices. CDC specialises in taking over possible damage claims from companies or individu... |
French cement demand grows by 6% in 200607 December 2006, Published under Cement NewsAccording to the industry association Syndicat francais de l’industrie cimentiere, demand for cement in France should grow by 6 per cent in 2006, to nearly 24Mt, compared with 22.5Mt in 2005. Cement sales have been boosted since 2004 by a healthy construction and public works sector. The association has also forecast 3 per cent growth in demand for cement in 2007, due to the continuing positive outlook. |
KZN’s concrete industry ready for growth challenges07 December 2006, Published under Cement NewsDespite some of the challenges, there are huge opportunities to be had in the construction industry, with massive public infrastructure and private sector investment not seen in South Africa since the 1970s. The cement industry is already feeling the effect of the boom and is increasingly coming under capacity pressures. But Alex Hall, KwaZulu-Natal General Manager of industry giant Holcim, believes the industry will deliver: “Our industry is also seeing multi-billion rands of inves... |
Mugher Cement Enterprise, Sinoma International sign accord07 December 2006, Published under Cement NewsEthiopia’s Mugher Cement Enterprise (MCE) and the Chinese Sinoma International Company yesterday signed an agreement for the construction of the third production line that would be carried out at a cost of US$129.97m. During the signing ceremony held here at Sheraton Addis, MCE Manager, Tefera Abebe said though the enterprise has been exerting efforts to meet the country’s demand for cement, the ever-increasing construction activities necessitated the immediate implementation of the expa... |
Castle invests extra £10m in Welsh site07 December 2006, Published under Cement NewsCastle Cement is investing a further UK£10m at its Padeswood production plant in north Wales. It will build a cement mill alongside the UK£63m cement kiln that began production last year. The mill will be capable of producing 100tph of cement and is expected to begin production by early 2008. The rise in capacity will ensure Castle keep imports to a minimum and continues to manufacture most of its material in the UK. Castle commercial director Mike Eberlin said: "Using more efficient plan... |
Cemex signals higher offer for Rinker is possible06 December 2006, Published under Cement NewsCemex could raise its $11.7bn hostile bid for Rinker Group after stopping short of saying that the bid was its final offer, analysts said Tuesday. Cemex on Monday defended its $13 a share offer for Rinker, the biggest Australian building materials maker as "full and fair," rejecting Rinker’s claims that the bid was 36 per cent too low. Under Australian law, once a bid is declared final it cannot be raised. "We anticipate Cemex management will sound out key shareholders as to what price is ... |
Singapore’s San Teh to build 2nd cement plant in China06 December 2006, Published under Cement NewsSan Teh Ltd said it build a new cement plant in Dali City in Yunnan, China at a cost of S$60m. This will be San Teh’s second cement plant in China. SanTeh currently operates a plant in Fujian Longyan, China. The Dali plant, which will be built on a 266,000m2 site, will have the capacity to produce 1Mt of cement a year and 2,500tpd of clinker, San Teh said. The new plant will help augment the group’s capacity since the existing plant in Fujian Longyan is running at near full capacity, it ... |