Cement News tagged under: international
Oyak not to bid for Lafarge-Yibitas cement factories.29 November 2006, Published under Cement NewsCelal Caglar, head of Oyak cement group, said that Oyak would not bid for the cement companies to be sold by Lafarge-Yibitas. Caglar noted that the competition board is not likely to approve the acquisition of these factories by Oyak. Lafarge-Yibitas is a joint venture between Lafarge Group and Yibitas Holding and it plans to sell its factories. On a related note, when the process of ending the partnership with Sabanci Group in Oysa Cimento is finalised, Oyak wants to keep Oysa’s Iskenderu... |
Govt urged to encourage cement exports29 November 2006, Published under Cement NewsCement manufacturers in Pakistan have demanded the government to facilitate exports with a view to augmenting foreign exchange earnings. Talking to newsmen here on Tuesday, the Chairman of All Pakistan Cement Manufacturers Association, Sheikh Aizaz regretted that federal government was not encouraging cement exports that could easily be enhanced manifold. He added, “Unjustified levy of excise duty was a major hurdle in this regard.” He was of the view that imposition of excise duty had al... |
Lafarge to invest EUR6.5m in Romanian plant29 November 2006, Published under Cement NewsLafarge plans to invest EUR6.5m to implement the European environment protection standards at its cement plant in Hoghiz, in the Romanian central county of Brasov, by 2007 when Romania will join the European Union (EU), the Hoghiz plant’s director Edmund Piess said on November 29, 2006. The company spent EUR5m (US$6.59 mln) of the total to acquire an air emissions reducing filtre, in compliance with EU standards to become effective in Romania in 2007. The company targets to implement ... |
Eurocement Group will commitU $400m to projects in Ural Federal District28 November 2006, Published under Cement NewsEurocement Group is to invest around RUB10.8bn (US$410m) in the modernisation of cement producing units in the Ural Federal District. This will enable raising the capacity of two Ural plants of the holding company, Nevyansky Cementnik and Katavsky Cement, by 2Mta and 1.6Mta of cement, respectively. Overall, the development strategy of the group’s cement works provides for two ways to raise production capacities. In the short-term, the holding company will raise the capacity by modernisin... |
China’s average cement price remains stable28 November 2006, Published under Cement NewsAccording to statistics from the cement markets in 18 key Chinese cities, the average monthly price of ordinary Portland cement (OPC) 42.5 was RMB328.2/t, up 0.7% over September, but down 0.2% over 2005. The average monthly price of OPC 32.5 was RMB289.5/t, down 0.5% over September, and down 2.3% over 2005. Meanwhile, in the first three quarters of 2006, Conch Cement sold 54.51Mt of cement and clinker, up 42% YoY. The company’s realised main business income was RMB10.67bn and the main b... |
Akcansa fined for breaching competition rules, Turkey28 November 2006, Published under Cement NewsTurkish cement producer Akcansa Cimento Sanayi, announced that it has paid a TRY 0.2mn fine imposed on the company by the competition board. The statement sent to the ISE by Akcansa noted that that the court case regarding the fine is still pending at a court. Akcansa demands the cancellation of the fine. |
Work begins on US$175.8m cement plant in Tay Ninh28 November 2006, Published under Cement NewsVietnam’s FICO-Tay Ninh Joint Stock Cement Co. (TAFiCO) yesterday November 26 kicked off a project to build a cement plant with total investment of VND2.8 trillion ($175.81 million) in the southwestern province of Tay Ninh. The Fico-Tay Ninh cement plant will be capable of producing 4,000 tons of clinker a day or 1.5 million tons of cement a year. The new facility is scheduled to become operational in two years. The new plant, along with the Fico cement plant in Hiep Phuoc (Ho ... |
CBMI wins contract for establishment of Hima Cement’s new plant28 November 2006, Published under Cement NewsUganda-based Hima Cement plans to invest US$93M in the establishment of a new plant in the Namanve Industrial and Commercial Park, near the capital city. According to local news reports, the new plant will be contracted by CBMI Construction. CBMI announced that the establishment of the new plant will be completed by 2008. |
Davao traders urge DTI to further analyse imported cement, Philippines28 November 2006, Published under Cement NewsThe Davao City Chamber of Commerce and Industry (DCCCI) urged the Department of Trade and Industry (DTI) to further analyse the questionable imported cement from China. Salvador Valbuena, chair of Construction and Real Estate Committee, demanded for the "right amount of sample" of the substandard imported cement so they can have it submitted for "independent analysis" in Singapore. This developed in the wake of reports the said Chinese cement, which failed in the initial testing by DTI, ha... |
Portugal Azores cement sales down 0.3% end-Oct 200628 November 2006, Published under Cement NewsCement sales in Portugal’s autonomous region of the Azores Islands dropped by 0.3 per cent in the 12 months to October 2006, data of the regional statistics office SREA showed. Sales of cement on the market of the Azores Islands fell by 2.9 per cent in the three-month period, ended October 2006 alone. |