Cement News tagged under: international
German Cement Industry sees 06 sales +4 per cent15 September 2006, Published under Cement NewsGermany’s cement industry expects full-year sales up four per cent from 2005, helped by higher construction orders, Handelsblatt reports ahead of publication Friday, citing the president of the German association of cement makers, Andreas Kern. After the first seven months, the industry’s sales were four per cent higher than in the year-ago period, Kern said according to the paper. However, the industry’s growth isn’t sufficient yet to create new jobs, Kern said. |
RZD Assigns Cement Cars to Eurocement-Group JSC15 September 2006, Published under Cement NewsRussian Railways JSC has assigned a part of its rolling stock of cement cars to Eurocement-Group JSC. Under the RZD telegram, several railway branches are to redeliver the RZD cement cars transporting the products of Eurocement-Group to the loading stations without charging the company. Under the agreement, Eurocement Group is to increase its shipment volumes in 2006, invest into the RZD rolling stock repair and provide its cement cars for transportation services. |
Shares of Hanson jump in Cemex bid talk, UK14 September 2006, Published under Cement NewsShares in Britain’s Hanson rose more than four per cent on Wednesday as traders speculated that Mexico’s Cemex may make a bid for the building materials firm. "There is a rumor that Cemex are looking at Hanson," said Jimmy Yates, trader at CMC Markets in London, one of several to mention the market talk. Hanson declined to comment, as did top executives for Cemex . "No comment. We do not comment on rumuors," Cemex’s Chairman and Chief Executive Lorenzo Zambrano told Reuters at an... |
Grasim to commission plant in Himachal14 September 2006, Published under Cement NewsThe Aditya Birla Group firm, Grasim Cement Industries, is to build the proposed Rs 1,000 crore Sundernagar cement plant in Himachal Pradesh’s Mandi district. Grasim Industries has acquired the works from Harish Chandra Company to set up the Sundernagar cement plant, the source said. The Himachal Pradesh government has signed a deal with the Harish Chandra Company in 1993 to set up the plant which will have an annual capacity of 1.27Mt of cement. But work could not start on the proposed pro... |
LSR Group unit to build cement works, Russia14 September 2006, Published under Cement NewsA subsidiary of Russia’s LSR Group, Tsement, plans to build a EUR160m euro cement plant in the Leningrad Region by 2009, the press service of the region’s government said Wednesday. The plant will produce 1-2Mta of cement, Nikolai Knyazev, senior engineer of Tsement, said. A commission of the regional government has approved the construction of the cement plant, the press service said. Austria’s Asamer and Hufnagl Holding GmbH will be Tsement’s consultant for the construction. ... |
Al Ghurair Investments plans for cement sector, UAE14 September 2006, Published under Cement NewsSultan Al Ghurair, vice president of Al Ghurair Investments, based in the United Arab Emirates, said that the company planned to establish a cement plant with US$200m investment. The plant will be established in the city of Kutahya. The plant will have an annual production capacity of 2Mt cement and 1.55Mt of clinker, he furthered. |
Buzzi Unicem grows in Eastern Europe and Mexico13 September 2006, Published under Cement NewsTurnover at Buzzi Unicem increased by 9.9% during the first half of 2006 to EUR 1,518.6m, with the EBITDA advancing by 28.1% to EUR420.2m, while the pre-tax profit improved by 49.9% to EUR 83.3m. Lower volumes in Italy, Germany and Luxembourg were more or less compensated for by higher sales in much of eastern Europe and in Mexico and group cement shipments were just 0.5% down at 15.5m tonnes. Ready-mixed concrete shipments, on the other hand, improved by 5.1% to 7.8Mm³. Capital investment... |
Aveng hangs Holcim out to dry, South Africa13 September 2006, Published under Cement NewsConstruction group Aveng, which reported sterling annual results yesterday, says it is in no hurry to decide whether to give partner Holcim’s mooted empowerment deal the go-ahead. Aveng would take "however long it is necessary" to consider its options against the sustainability of the deal and its effect on future funding requirements for Holcim SA expansion projects, among other things, said Aveng CE Carl Grim. The proposed deal would see Swiss cement group Holcim, which owns 54 per... |
Cement companies find new export markets in Iraq13 September 2006, Published under Cement NewsCement companies in China may find good business opportunities in Iraq due to Iraq’s high demand of building material for city reconstruction. Comparing to the relative slack cement market in China, exporting to Iraq for city reconstruction or to other overseas markets may present different ways out for many cement companies. The high demand for cement has driven cement prices up to US$130 per ton in Iraq. The price of cement is expected to rise further as city reconstruction continues. ... |
Flour Mills veers into cement manufacturing13 September 2006, Published under Cement NewsNigerian Milling firm, Flour Mills Nigeria Plc, (FMN) have disclosed it has embarked on an expansion drive of its business operations to now include a full scale manufacturing cement process. The company which so far has only been involved in the importation and distribution of cement says its decision veering into cement production is in direct response to Federal Government’s policy initiative which emphasises local manufacturing of the product in the country. To this end, Flour Mills... |