Cement News tagged under: international
Nova Cimangola Cement production set to rise21 November 2006, Published under Cement NewsAngola’s national cement factory, Nova Cimangola, is expecting to rise its current production of 1.2Mt to more than 2Mt as of 2007 with the start of a fourth kiln, under an estimate investment of more than US$100m, according to chairman of the managing board, Manuel Víctor. Considerable growth in the factory is expected, taking into account the investments in progress in the plant, in view of its strategic relevance in this era of the national reconstruction process. With this and further ... |
US cement manufacturers’ 2007 project spending could top $2bn21 November 2006, Published under Cement NewsCapital project spending at US cement manufacturing plants could possibly exceed 2006 figures by 10 to 25 per cent, a total of $2.7bn for 125 projects, according to research conducted by Industrial Info Resources. Currently, there are 65 active projects, totaling more than $1.8bn, which began construction in 2006. The projects range from grassroot plant construction to new import terminals to major maintenance shutdown work. Industrial Info’s research takes into account an industry-wide Co... |
Hubei-based Wudang new line obtains approval21 November 2006, Published under Cement NewsThe 2500tpd new dry-process line, funded by Hubei-based Wudang Cement Company, has obtained approval by the Development and Reform Commission of Hubei Province. Upon completion of the establishment, the company will produce 775,000t of cement clinker and 1.06Mt of cement annually. The project involves a total investment of RMB264.62m. |
Basic Element to invest, Russia21 November 2006, Published under Cement NewsBasic Element, a private equity fund owned by Oleg Deripaska, plans to invest up to $600m in the construction of cement facilities. However, experts doubt that the arrival of a new player will affect the alignment of forces on the market. BasEl Cement said in a statement that the company planned to complete the construction of the first cement plant with a capacity of 1.5Mta in the Ryazan Region southeast of Moscow in 2008. Some $75-$90m will be invested in the project. BasEl’s partn... |
Cement testing, Philippines21 November 2006, Published under Cement NewsIndustry leaders have called on the government to send samples of low-grade cement from China to a laboratory in Singapore to ensure that quality tests are objective. Salvador Valbuena, Subdivision and Housing Developers Association-Southern Mindanao Chapter president, said samples of the "Horse" brand cement imported here recently should be sent to a Singapore laboratory for examination to confirm if it passes international standards. Mr. Valbuena made the comment after his group and ot... |
US$400m cement co to start operations in Saudi Najran21 November 2006, Published under Cement NewsA cement company with a capital of SAR1.5bn (US$400m) is to start operations in Najran, southwestern Saudi Arabia, according to local press. The company will operate under the name Najran Cement. According to Najran Cement’s board chairman, Mohammed Aba al-Alaa, the company will launch a plant with a daily capacity of 6,300t by mid-2007. In 2008, a second production line is to be installed, adding 3200tpd of cement. The plant is being constructed by a local and a Chinese contractor. ... |
Malaysia’s Cima to form jv with France’s Vicat for stake sale in units20 November 2006, Published under Cement NewsCement Industries of Malaysia Bhd (CIMA) has agreed to set up a joint venture with French cement company Vicat SA which the two firms will use as a vehicle for the sale of CIMA’s stakes to the French company, the Star newspaper reported, citing sources. The report said CIMA and Vicat have agreed to set up a 51-49 joint venture company into which CIMA’s units will then be injected. The deal values CIMA’s units at 300 mln usd, the newspaper said. In March, Vicat offered to acquire controlli... |
Hima Cement to open factory at Namanve20 November 2006, Published under Cement NewsHima Cement, a subsidiary of the Lafarge Group, has embarked on the construction of a new plant worth US$93m (Shs165bn) at Namanve near Kampala. The Kasese - based cement giant has contracted CBMI International to undertake the project, which is geared at boosting production capacity from the current 300,000t to over 500,000t to meet huge escalating on the local market and in the Great Lakes region. While meeting the Uganda Investment Executive Director Dr Maggie Kigozi on Friday, th... |
Pakistan cement output to touch 47Mt by 200920 November 2006, Published under Cement NewsCement production in Pakistan will be around 47Mt by 2009 with the expansion in production capacity of the existing 28 units, which will be enough to meet both domestic and export needs, it is learnt. Sources said that three investors, from the UAE, Egypt and Qatar, are also considering setting up cement plants here. However, they said, the final decision to this effect would be taken by January next year whether to set up these plants in Sindh or Balochistan. The production from these u... |
Cheetah Cement’s plant to re-enter cement market20 November 2006, Published under Cement NewsCheetah Cement is planning to re-enter the cement market without any serious losses. The plans include luring local retailers as well as the authorities to help block a possible second price war with Holcim group, which is currently taking advantage of the unprecedented increases in the demand for cement. Although Namibia is currently experiencing an unprecedented growth in the demand for cement, Cheetah Cement said it will not import any cement unless it is assured that there won’t be a... |