Cement News tagged under: international
Cimpor acquires 60% of Chinese cement producer17 October 2006, Published under Cement NewsPortuguese cement group Cimpor said it had agreed to take a 60-per cent stake in Shandong Liuyuan New Type Cement from the Chinese manufacturer’s parent company, which will retain the remaining 40 per cent. Cimpor said its Cimpor Chengtong cement Corp unit would pay EUR2.1m for the stake in Liuyuan New Type, which is based in Zaozhuang in the province of Shangdong. |
Domestic sales at 3.7Mt Jan-Sept 2006, Peru17 October 2006, Published under Cement NewsPeruvian domestic cement sales stood at 3.7Mt for the period January to September 2006, up 9.7 per cent YoY, according to data of the local association of cement producers, Asocem. Peruvian cement exports grew to 569,544t for the period January to September 2006, up 4.6 per cent YoY. Domestic cement sales stood at 464,375t in September 2006 alone, against exports of 36,960t for the month. The domestic cement sales were driven up by the higher number of public and private construct... |
Work starts on Dong Banh cement plants, Vietnam17 October 2006, Published under Cement NewsConstruction began on the Dong Banh cement plant in northern mountainous Lang Son province yesterday October 16, according to local news reports. The plant, to be capable of producing 2,500tpd of clinker, is invested by the Dong Banh Cement Joint Venture Company. With investment of VND1.3 trillion ($80.5m) for the first phase, the Dong Banh cement plant will be equipped with a production line capable of producing 910,000t of PCB 40 and PCB 30 cement a year. Dong Banh is the first... |
Lafarge plans to double production in China17 October 2006, Published under Cement NewsLafarge plans to double its production capacity in China in the next few years, according to the company’s chief executive officer. "Our cement production capacity in China should reach at least 40Mt, if we follow China’s 11th Five-Year Plan," Bruno Lafont told reporters during his first visit to Beijing since he took over as CEO in January. The French company is currently able to produce 20Mt of cement a year in China, and has already started to expand its production facilities. Constru... |
Cement cos to see 40% topline growth in Q2, India16 October 2006, Published under Cement NewsThe promising times for cement companies continue. Analysts FE spoke to expect the sector to register a growth of 38-40% in their topline, EBITDA to double and profit to grow three times more than the year-ago period. While Lafarge is already out with its half yearly results, the operating margins from its Asian operations have doubled to 9% from the year-ago period of 4.5%. In its presentation to analysts, Lafarge also says that it performed well in India and the Philippines. Net sales of... |
Cement shortage bites, Kenya16 October 2006, Published under Cement NewsKenya is facing a major shortage of cement due to rising exports to South Africa and to Sudan amid a booming domestic construction industry. Many hardware shops do not have cement, and the building and construction operations are threatened with closure. Retail prices of a 50-kg bag of cement have also gone up to Sh620. Distributors in Nakuru, who gave various reasons for the shortage, say they are rationing sales to maintain customers. One supplier blamed cement manufacturing firms for t... |
Dalmia Cements to set up 4Mt greenfield plant, India16 October 2006, Published under Cement NewsDalmia Cements Bharat Ltd is looking to set up a 4Mt greenfield cement manufacturing unit in Kadapa in Andhra Pradesh and will cater to the southern markets. DCBL would be taking over Eswar Cements, which has 400 acres of land and limestone reserves, for setting up the facility. The new plant is likely to be commissioned by mid-2008. DCBL is also planning to takeover OCL India in Orissa, which has a capacity of 2Mt. The company is in the process of expanding its capacity to 4Mt by 2008-2... |
Cement prices up VND20,000/t, Vietnam16 October 2006, Published under Cement NewsThe Vietnam Cement Corporation has decided to raise the retail prices in the northern region of its PC30 and PC40 cement products by VND20,000 (US$1.25) per tonne. The adjustment was due to increasing cost of imported materials while cement prices in the domestic market have remained unchanged over the past ten years. The corporation added that it would adjust the prices of cement gradually in accordance with cement consumption in each region. |
‘Low-quality’ imported cement distributed in Mindanao cities, Philippines16 October 2006, Published under Cement NewsAbout 30,000 of the 118,000 bags of low-grade cement imported from China have been sold here and in nearby General Santos City, a Trade official said during the weekend. Cement prices in the area range from P160 to P180 per bag and earlier reports noted that the China-made cement was sold at big discount or as low P120 per bag. Marizon Loreto, the Trade department’s assistant regional director, said that an inventory of the stocks of Philman Marketing Corp. showed that a large quant... |
Cement production up by 7.6 per cent, Ukraine16 October 2006, Published under Cement NewsIn September, cement production in the Ukraine rose by 7.6% compared with September 2005, to 1,418,000t, the State Statistics Committee has disclosed. In September, cement production fell by 6.4% to compared with August. In January-September, cement production rose by 9.4% compared with January-September 2005, to 10,156,000t. As Ukrainian News earlier reported, in August, cement production rose by 14.1% compared with August 2005, to 1,515,000t. |