Cement News tagged under: international
Cement price rise in Azerbaijan16 November 2006, Published under Cement NewsThe price rise in some building materials, in particular cement is closely connected to the increase of the demand for these materials in Russia and Iran, State Customs Committee chairman Aydin Aliyev said. He said Azerbaijan’s annual demand for cement is 2.5Mt, but the demand jumped this year due to construction of new bridges and roads. "Domestic production supplies only half of the demand. In total 940,000t of cement were imported during the past eight months, and plus, 130,000t were im... |
New plant to be established in Lima, Peru16 November 2006, Published under Cement NewsThe Peruvian company Inversiones Portland S.A. and the European partnership World Cement Group have agreed to construct a cement in Lima. The plant is expected to have a production capacity of 400.000tpa during the first phase of the project’s execution. the plant’s execution. |
Portugal’s weakness more than compensated for by Spain15 November 2006, Published under Cement NewsCimpor’s turnover for the first nine months of the year has shown a reduced rate of growth, but still ahead by 7.8% to EUR1,248.9m. Margins improved as the EBITDA rose by 12.5% to EUR434.0m. The trading profit was up by 16.2% to EUR312.0m, but higher interest charges, tax payments and minorities reduced the improvement at the net level to 9.3% to EUR214.3m. Net debt at the end of September stood at 58.8% of shareholders’ funds, or EUR938m. Cement and clinker sales in nine month period was 2.... |
Ukraine cement output up 9.5 per cent Jan-Oct 200615 November 2006, Published under Cement NewsUkraine’s cement output rose by 9.5 per cent YoY to 11.508Mt in the first 10 months of 2006, data of the State Statistics Committee showed. In October alone, cement production grew by 10 per cent YoY, but fell by 4.6 per cent month-on-month to 1.352Mt. Estimates of local cement producers’ association Ukrcement showed that Ukraine’s overall cement production increased by 9.2 per cent on the year to 11.503Mt from January to October 2006. The total output of the 12 companies, members of Ukrce... |
Vietnam: Vinacomin asks State to intervene in price dispute15 November 2006, Published under Cement NewsThe Vietnam Coal and Mineral Industries Group (Vinacomin) has requested the Ministry of Finance to intervene in price negotiations with the company’s four major customers. In October, the State-owned Vinacomin moved to raise coal prices in order to remain profitable and to prepare for global integration. If prices do not increase, it is more advantageous for Vinacomin to sell coal on the world market, which would potentially create a supply shortage at home. Nguyen Tien Thoa, deputy direct... |
Canacem: Mexican cement industry to expand 7%15 November 2006, Published under Cement NewsOsmin Rendón, executive president of Mexico’s National Chamber of Cement (Canacem), said that the industry plans to close the year and the current administration with a seven per cent expansion. Speaking at a press conference, he said that this expansion is especially due to the need of municipal, state and federal administrations to complete construction works before the end of Fox’s administration. “Everything seems to point that our industry will expand seven per cent in 2006; that is, ... |
Semen Kupang to increase production15 November 2006, Published under Cement NewsState-owned cement maker PT Semen Kupang in the eastern Indonesian province of East Nusa Tenggara is planning to increase its annual production to 270,000t starting 2007 from the current 100,000t. "We are optimistic that the target is achievable as we have received Rp50bn in fund from the revised 2006 State Budget. The fund will be used as working capital to increase production and expand market," PT Semen Kupang President Director Abdul Madjid Nampira said here on Wednesday. Nampi... |
India’s cement prices scaling new peaks14 November 2006, Published under Cement NewsRiding high on strong demand, the cement industry in India has been witnessing new peaks in prices, even after scaling up capacity utilisation. In fact, cement prices have surged 30-40 per cent per bag (of 50 kg) in the last one year, across the country. In Mumbai alone, prices went up in the last two months, by Rs 3 in October and Rs 5 last week, to reach Rs 223-225. And it may be revised again in a couple of months. Average price in Delhi is ruling at Rs 208 per bag whereas in Kolkata it... |
VNCC to build $28m cement plant in Khanh Hoa14 November 2006, Published under Cement NewsThe Vietnam National Cement Corporation (VNCC) is planning to kick off a project costing VND450bn (US$28.13m) to build a cement plant next month in central Khanh Hoa province’s Cam Ranh town, a corporation official said. The Cam Ranh cement plant is set to produce 500,000 tons of cement a year when fully operational in mid-2009. The total investment will come from domestic sources with 20% from VNCC and the remainder from banks. The Vietcombank branch and BIDV branch in the pr... |
Cemex says demand for cement to grow 10% a year in Latvia14 November 2006, Published under Cement NewsCemex expects that the demand for cement in Latvia will be growing an average 10 per cent each year, as the company’s press secretary Agnese Praulina told local press. According to the company’s investment plans, it will be able to meet the demand, as well as export cement from Latvia in the future, Praulina said. As reported, Cemex, owner of the Broceni cement factory, will construct a new cement terminal in Liepaja, investing USD 5.2m (LVL 2.8 million) in the project. The co... |