Cement News tagged under: international
Distributors concerned over INC cement shortage, Paraguay23 November 2006, Published under Cement NewsCement distributors in Paraguay are concerned at the low production of Portland cement in the country by the state-owned company INC because this has caused an acute shortage in the market and has affected consumer prices, local press reported. Some of the cement distributors have been forced to wait up to a week for supplies from INC due to a serious shortage of gypsum, one of the raw materials needed to make the building material. Because of the lack of cement being produced, the sales t... |
Mexican construction industry to slow down to 4.5 per cent in 200723 November 2006, Published under Cement NewsMexico’s construction industry is to expand between 5.5 and six per cent this year. However, according to estimates by Nezahualcóyotl Salvatierra. President of the Mexican Chamber of Construction Industry (CMIC), the expansion pace will go down to 4.5 pct next year, due to the world slow down and higher prices for materials like cement, steel and copper. |
Indonesia’s Oct domestic cement sales down 15.2%23 November 2006, Published under Cement NewsIndonesia’s October cement sales fell 15.2 per cent to 2.25Mt compared to a year ago, data from the country’s cement association showed on Thursday. The data, provided by the country’s largest cement maker, PT Semen Gresik , showed Gresik’s domestic sales, fell 9.6 per cent to 1.06Mt last month. The country’s cement sales have been declining overall this year as the economy slowed following a government decision to sharply hike domestic fuel prices in October last year to scale back ... |
Heidelberg expansion could annoy the neighbours23 November 2006, Published under Cement NewsIt has been announced that HeidelbergCement will build a new cement plant in Volsk (Saratov oblast) Russia. Deutsche Bank has apparently acted for the group and is said to be involved as part-guarantor of this project. The plans call for setting up a state of the art production facility of about 1.5Mta. HeidelbergCement promises to create new jobs workplaces and to pay high wages to the local workforce many of whom currently work for the competition. The town of Volsk is situated on right ... |
CIMA says still in talks with France’s Vicat for stake sale in units22 November 2006, Published under Cement NewsCement Industries of Malaysia Bhd (CIMA) said it is still in discussions with France’s Vicat over the sale of shares in its units and no agreement has been concluded. Responding to a query from Bursa Malaysia, the company said both parties have agreed that Vicat’s offer will remain valid until Dec 15. CIMA ’will make the announcement to Bursa....should there be any further developments on this matter,’ it added. The Star newspaper earlier reported that CIMA and Vicat have agreed ... |
TCC Int’l to add production lines for $115.5m22 November 2006, Published under Cement NewsTCC International Holdings Ltd. said it planned to build two new dry-processing cement production lines and ancillary facilities in the southern Chinese province of Guangdong for 908.8 million yuan (US$115.5 million). The company would award the contract to a third party, Sinoma International Engineering Co. Ltd., and the project would be funded by internal resources and bank borrowings. TCC International said the production lines, which would be used to produce clinker and various t... |
Saudi Arabian Cement Co To Set Up Subsidiary in Jordan22 November 2006, Published under Cement NewsSaudi cement producer, Arabian Cement Company (ACC), said it was currently finalising the procedure for the establishment of a subsidiary in Jordan. The company, to be established in cooperation with an unnamed Jordanian investor, will set up and manage a Portland cement plant in al-Qatranah, central Jordan. No financial details regarding the project were disclosed. On the other hand, ACC said it signed an agreement with Italian cement giant Italcementi Group, under which the two... |
Lafarge Shui On expects China’s cement demand will increase by 30% before 201021 November 2006, Published under Cement NewsCyrille Ragoucy, CEO of Lafarge Shui On Cement, recently announced that from now until 2010, China’s cement consumption volume will increase by 30%. However, due to intense competition, approximately 40% of the 5,000 Chinese cement companies will incur losses. Lafarge Shui On plans to double its production capacity and reach 40Mt in the next few years. |
Zambian gov’t urged to extend cement incentives21 November 2006, Published under Cement NewsThe Zambian government has been urged to extend the incentives given to cement production to the other building materials in order to reduce the cost of construction in the country, according to local press reports. The ‘Zambian Times’ quoted Zambia Institute of Architects (ZIA) president Douglas Katengo as saying here at the weekend that the cost of construction in Zambia has not come down because most of the finished products are expensive. He said that the government in this year’... |
ECF cement closed due to environmental problems21 November 2006, Published under Cement NewsThe Environmental Agency of Albania, announced today the closure of a big cement plant in Elbasan, (central Albania), owned by an Anglo-Libyan company ECF. "We have ordered the closure of the ECF cement factory because the company has failed to fulfill its environmental obligations", - declared Beqir Kila, head of Regional Environmental Agency, according Balkanweb news agency. ECF was ordered to stop operations until installation of a system to decrease the level of pollution. Elbasan is... |