Cement News tagged under: international
Italcementi H1 results seen up on stronger cement volumes, margins05 September 2006, Published under Cement NewsItalcementi SpA’s first-half results, due today, are seen improving year on year, supported by stronger sales volumes and margins at its cement activities, analysts said. EBIT is seen rising to 459-518 mln eur from 328 mln in the first half of 2005, while EBITDA is expected at 689-720 mln, from 495 mln. Sales are seen at 2.895-2.972 bln, from 2.398 bln, analysts said. ’There is growth in the first half from higher margins, compared to a year earlier. Prices are going well in all the ... |
Venezuela to up cement production05 September 2006, Published under Cement NewsVenezuela is striving to expand cement production capacities to meet the increasing demand for building, reported industry sources. As part of that strategy, the Social Production Enterprise (EPS) Cement Cerro Azul -a subsidiary of the National Company of Basic Industries (Coniba)- will start production of 80,000 tonnes per month by the middle of 2007. Rafael Lugo, manager of the enterprise, said the plant will be able to produce at full throttle by November 2008. The factory is ... |
Govt acknowledges fluctuated cement prices05 September 2006, Published under Cement NewsContractors in Antigua may soon see some reprieve in the woes facing the construction industry in terms of the fluctuating price of cement on the island. In an interview with the Antigua Sun, Trade Co-ordinator Dr. Clarence Henry assured that the government was currently engaged in actively seeking new or additional suppliers of the product. He also revealed that he was currently in contact with a particular supplier and that within a month or so would be able to procure additional suppl... |
Brazil: Family consumption accounts for 22.6 per cent of the cement manufactured05 September 2006, Published under Cement NewsA study by Galanto Consultoria on the Brazilian cement market sampling 48,400 residences included in the stats survey from the economic institute IBGE, showed in 2002 -2003 the families account for 22.6 per cent of the direct purchases of cement, or 8.2Mt worth R$2.7bn. Around 20 per cent of Brazilian families purchased cement in 2002, and families with an income of up to three minimum wages (R$600 per month) represent 17 per cent of the familiar cement consumption, while families up to... |
Ministry to put restrictions on new cement projects05 September 2006, Published under Cement NewsLicensing conditions for the expansion of operational cement projects in Vietnam will be softer, while new projects will face harsh restrictions, said a senior official of the Ministry of Construction. Nguyen Quang Cung, head of the ministry’s Department of Building Materials, told the Daily operational investors in Vietnam would gain an upper hand when seeking to expand production, as the ministry would give successful investors more priorities. “It will be quicker and easier for op... |
Cheetah runs out of cement04 September 2006, Published under Cement NewsCheetah Cement, Namibia has run out of cement and Holcim is reportedly having a field day. It just pushed up its price for cement to about N$49 per bag. The ship with the cement consignment which Cheetah Cement expected from Brazil two months ago is still yet to dock at the Walvis Bay port, the company’s CEO, Zedekias Gowaseb, told the Namibian Economist this week. Cheetah Cement is a joint venture company between the Brazilian company CP Cemento and a Namibian concern, Whale Rock. The c... |
Houston Cement widens shareholder base04 September 2006, Published under Cement NewsTexas Lehigh Cement Company, which is jointly controlled by HeidelbergCement and Eagle Materials has negotiated to take a stake in Houston Cement Company. Houston Cement Company was formed by Alamo Cement Company, a wholly owned subsidiary of Buzzi Unicem, and Ash Grove Texas and operates two cement terminals on the Houston Ship Channel, the latest and largest of which was only brought on stream earlier this year. The new terminal operates a Siwertell ship unloader with a daily capacity of... |
Gujarat Ambuja August cement shipments fall04 September 2006, Published under Cement NewsGujarat Ambuja Cements Ltd. , India’s third-biggest cement maker, said its August shipments fell 0.5 per cent from a year earlier because of heavy rains in the western states including Gujarat. Sales dropped to 976,000t from 981,000t in the same month last year. Production fell to 939,000t, down 4.5 per cent from 983,000t a year earlier, the company said in a statement. |
Holcim plans investment for Davao plant04 September 2006, Published under Cement NewsHolcim Philippines will pour P1 billion (US$20m) over the next 12 months to rehabilitate and improve its Davao City factory to full operations by mid- 2007, the firm’s chief operating officer said Friday. "This P1-billion investment demonstrates our long-term commitment to the economic growth of Davao and the rest of Mindanao," Paul O’ Callaghan said in a statement. Holcim Davao City’s raw mill silo was decommissioned after the plant broke down in December 2005. To be able to supply t... |
ACC announces august data04 September 2006, Published under Cement NewsThe Bombay Stock Exchange of India made the following corporate announcement: Associated Cement Companies Ltd. (ACC) has informed BSE about the Company’s production and despatch figures for the month of August 2006, are as follows: August 2006: Cement production: 1.31Mt. Cement despatches: 1.35Mt. August 2005: Cement production: 1.32Mt. Cement despatches: 1.30Mt. Cumulative January - August 2006: Cement production: 12.45Mt (11.6Mt).Cement despatches: 12.43Mt (11.6Mt) |