Cement News tagged under: international
CSN buys Chinese equipment29 August 2006, Published under Cement NewsChinese machinery and equipment manufacturing companies have moved into the Brazilian cement sector after Companhia Siderurgica Nacional (CSN) Cimentos signed a deal with two companies for the construction of a clinker production unit in Arcos, in the Brazilian state of Minas Gerais. Marcus Paim, director of CSN Cimentos, said that the deal was closed last week with Shenyang Heavy Machinery and Chengdu Design Institute. The construction and assembly of the unit with an 825,000tpa clinker ca... |
Maple Leaf production rises29 August 2006, Published under Cement NewsThe third quarter of the current financial year 2005-06 ended on March 31, 2006. Maple Leaf Cement Factory Ltd (MLCFL) recorded production of grey cement at 1.083Mt. It also produced 252,000t of white cement during the nine months of current financial year (9M 2005-06). Overall capacity utilisation during nine months was 89 per cent for grey cement and 106.5 per cent for white cement as compared to 85% and 113% for the same period last year (SPLY). MLCFL generated net sales of Rs 4.154 bill... |
Govt asks cement industry to review profit margins29 August 2006, Published under Cement NewsThe government has called on the Tanzania Portland Cement Company Limited (TPCC) and the cement industry in general to review its profit margins so as to enable more customers buy the firm’s cement product. The Minister for Industry, Trade and Marketing, Nazir Karamagi, made the call on Thursday in Dar es Salaam during a gala dinner dedicated to 40th anniversary of the cement producing company. ”Local consumers complain about high prices of cement products. This is because of the low purch... |
Readymix Ireland links with Cemex IT29 August 2006, Published under Cement NewsIrish cement maker, Readymix PLC said it has entered into an arms length commercial agreement with majority shareholder Cemex to use the latter’s proprietary business model and information technology systems. Further, the agreement also grants Readymix the right to use the Cemex brand name and trademarks in Ireland. Initially for a three year term, Readymix has the option of extending the agreement for a further five years (reports AFX News). In a statement, the company said the cost of ad... |
Holcim half year data and analysis25 August 2006, Published under Cement NewsIn the first half of 2006, Holcim increased its cement volumes by 24.8% to 65.5Mt, with ready-mixed concrete deliveries rising by 20.3% to 20.7m m³ and aggregates shipments advancing by 23.9% to 84.6Mt. Holcim’s turnover improved by 38.2% to SFr10,879m (€6,974m) and the EBITDA advanced by 33.4% to SFr2,717m (€1,742m), which, when measured in local currencies, represents an increase of 28.5%. Net debt at the end of June stood at SFr12,240m (€7,796m), which represents a reduction of 3.6% com... |
Cement price ceiling25 August 2006, Published under Cement NewsThe Egyptian minister of Trade and Industry has announced a ceiling ex-works price for domestic bagged cement at EGP290/t (EUR40/t). This comes just after the anti-trust investigation launched in July following the recent surge in cement prices and the recent consolidation in the Egyptian cement industry – reports Arnaud Pinatel from analysts Exane BNP. The ceiling is apparently below recent market prices, estimated at EGP320/t. Cement demand in Egypt is well oriented with a 15.1% increase ... |
Cement, Steel Prices to Remain Stable25 August 2006, Published under Cement NewsPrices of cement and steel in Vietnam will still be stable as at present despite a recent petrol price hike leading to the increase in prices of many goods, market researchers forecast. An official from the Vietnam National Cement Corporation (VNCC) said fuel price hike has pushed up costs for producing one tonne of cement by VND7,000-8,000. However, his corporation has not yet planned to raise cement prices. He added from now to the end of this year, VNCC’s price of cement will still s... |
China’s new cement policy spurs development25 August 2006, Published under Cement NewsThe State Council, the highest governing body of China, has recently approved the Specific Plan on Development of Cement Industry and the Policy on Development of Cement Industry, according to the National Development and Reform Commission (NDRC). The new policy encourages development of new dry-process cement production, and gives priority to construction of new dry-process cement projects with daily production of 4000t and construction of large clinker base and large cement grinding stati... |
Rebate on cement export to Kabul25 August 2006, Published under Cement NewsPakistan is being pressurised by the United States for resumption of rebate on cement export to Afghanistan. The rebate was withdrawn by the federal government to stabilise prices in the local market a couple of months ago. Sources in the federal government told Business Recorder on Thursday the US forces are planning to construct wall at some points along Durand Line to stop influx of al Qaeda terrorists from Pakistani-controlled tribal areas for which they need a huge quantity of cement. ... |
Finland: Demand for cement brisk25 August 2006, Published under Cement NewsDemand for cement exceeds supply in the Baltic Sea area at the moment because of lively construction operations. Sales of cement have increased also in Finland in early 2006 by about 13% from the corresponding period in 2005. Sales of ready made concrete and concrete elements have increased by only 4%, however. High demand has not raised the price of cement particularly. A tonne of cement cost Euro 71.70 in 2003, and Euro 79.70 in the summer of 2006. According to Finnish cement manufact... |