Cement News tagged under: international
Vietnam: Cement consumption to decrease22 August 2006, Published under Cement NewsThe domestic cement demand in the third quarter of this year is predicted to decrease dramatically over the first and second quarter due to rainy reason, said the Ministry of Construction. Cement consumption is estimated to decrease by 400 000t in August compared with that for previous months which was about 2.6-2.7Mt, the ministry said. |
New cement plant registration eased, Philippines22 August 2006, Published under Cement NewsThe Board of Investments (BoI) has relaxed the rules on the registration of cement projects to enable foreigners to wholly-own cement projects in the country but tightened the rules on the registration of expansion projects by existing cement companies. The BoI has approved this policy as the agency is opening up the cement industry to new players, foreign and locals alike, with the ultimate goal that the competition the new cement capacity could bring to the domestic market would result... |
Lithuania reports cement shortage22 August 2006, Published under Cement NewsLithuania`s producers of building materials, as predicted, have come across the shortage of cement in August, with the sole cement producer Akmenes Cementas (Akmene Cement) being unable to satisfy the demand. Amid short supply of Belarus-made cement, Lithuania`s consumers have turned to ‘more expensive’ Polish product. "The price has already become a secondary factor. The main challenge is to satisfy the demand, however, the shortage of cement is obvious all across Europe," said Neri... |
Ukraine Cement output up 8.8 per cent22 August 2006, Published under Cement NewsUkraine’s cement output rose by 8.8 per cent YoY to 7.223Mt in the first seven months of 2006, the State Statistics Committee said on August 16, 2006. In July alone, cement output grew by 10.7 per cent YoY and by 9.8 per cent month-on-month to 1.527Mt. The country’s cement production grew by 6.7 per cent YoY to 1.391Mt in June 2006. Estimates of the local cement producers’ association Ukrcement showed that Ukraine’s overall cement production increased by 8.4 per cent on the year to 7.224Mt ... |
Lafarge banking on government plans21 August 2006, Published under Cement NewsLafarge Malayan Cement Bhd (LMC) is banking on fast implementation of the Ninth Malaysia Plan (9MP) projects, the Government’s approval to raise cement ceiling price and new products to improve its performance this year. In the first quarter ended March 31 2006, LMC returned to the black with RM13.29 million net profit from RM13.43 million of net loss posted in the same period of 2005. Its revenue increased by 14 per cent to RM476.07 million from RM418.15 million. Chief executive offi... |
Eurocement acquires Uzbek cement producer21 August 2006, Published under Cement NewsThe Russian-based Eurocement Group has reportedly purchased a majority stake in Ahangarancement OJSC, the second largest cement producer of Uzbekistan, Russian business daily Vedomosti reported on 21 August. Spokesmen for Eurocement presented information on the deal, which Ahangaran city administration confirmed. The report said Sergey Marchenko would be appointed as director-general of the enterprise. Previously, the main shareholders of the company were Bentonit, Uzbek-US venture, (49.9 ... |
Estonia’s construction boom pushes prices21 August 2006, Published under Cement NewsThe construction boom prevailing in Estonia now has sent the sales of producers of building materials soaring and prompted companies to invest in expansion, with shortage of raw materials and labor as the main obstacles to even faster growth, the business daily Aripaev reported. Total sales by companies that are members of the Estonian Association of Construction Materials Producers in the first half of this year came to 3.7 billion kroons (EUR 236 mln), a 30 percent increase over the same ... |
El Paso sues Cemex21 August 2006, Published under Cement NewsUS concrete maker El Paso sued Mexico’s cement companies Cemex and Grupo Cementos Chihuahua (GCC) last week, alleging that both firms sell their products at prices lower than costs in El Paso, Texas. The on-line edition of El Paso Times newspaper, revealed that Metro Mix, owned by the company El Paso, filed the lawsuit in the state court of the District alleging that both Cemex and GCC are trying to push it out of the market in that city. Jorge Perez, spokesperson of Cemex, confirmed the dem... |
Ancap to modernise cement plants21 August 2006, Published under Cement NewsAncap should invest at least US$10m in its cement plant at Minas and other US$2m - US$3m in the Paysandu unit, as part of an effort to modernise and to move them out of losses of around US$3m per annum. The Uruguayan Minas plans is apparently obsolete and has not been revamped over the last 50 years. One of the goals is to shift the energy source from fuel oil to coke or biomass. The gas and biomass energy feed Paysandu unit is to expand the main furnace to add a 60,000tpa output. Ancap has ... |
Basic Element to construct Serebryany cement plant21 August 2006, Published under Cement NewsBasic Element LLC will construct Serebryany cement plant in the Mikhaylovsky district of the Ryazan region. The enterprise capacity will total 1.5Mt of cement per year. Investments in new equipment will stand at around $65m in 2006 and supplied by Chinese company Sinoma. The plant will use dry method of production, the administration of the Mikhaylovsky district told local news reporters. |