Cement News tagged under: international
Gulf Cement Co to begin production by mid-200821 August 2006, Published under Cement NewsThe Gulf Cement Company (GCC) Qatar, which is being listed at the Doha Securities Market (DSM) today, hopes to begin production by the middle of 2008. Land for the project measuring four square kilometers has already been acquired in the Umm Bab Industrial Area and engineering, procurement and design (EPD) contract has been awarded to two reputed foreign companies, one of which is German while the other one is Indian. The project will be executed on a turnkey basis, Abdullah bin Nasser Al Mi... |
Limits set on local expansion bids21 August 2006, Published under Cement NewsThe Philippine Board of Investments (BOI) said it has approved a new measure that will inhibit local cement firms from opening or acquiring new plants if their existing plants are running below capacity. The board said the cement companies can now only open a plant if it is a new project with a whole new production line. Existing firms who wish to acquire a new facility can only do so if their existing plant is operating at 85 per cent capacity utilization and produces a minimum of 1Mta of c... |
CSN receives approval for Rio plant21 August 2006, Published under Cement NewsCia Siderurgica Nacional, the third-largest Brazilian steelmaker, said it got authorization from environmental regulators to build a cement plant at its main steel mill. CSN said in a statement to the Brazilian stock regulator it plans to build a cement plant in Volta Redonda, in the state of Rio de Janeiro, with capacity to produce 3Mt of cement annually. |
Indian cement industry in turnaround mode18 August 2006, Published under Cement NewsA number of Indian cement companies are in a turnaround mode, thanks to rising demand from the infrastructure and construction sectors, reports the Financial Express. Of the 41 listed cement companies that had recorded losses in the March-June quarter of fiscal 2006, 10 of them have registered profits in the same quarter of fiscal 2007. Apart from this, nearly 19 listed companies have more than doubled their profits. "The best examples of turnaround stories are South India-based India Ceme... |
Cement makers unlikely to invest more if no price revision, Malaysia18 August 2006, Published under Cement NewsCement manufacturers are unlikely to pour in more investment to expand capacity unless there is a revision in the ceiling price of the building material, an industry player said. Lafarge Malayan Cement Bhd president and chief executive officer Alain Crouÿ said the company and other industry players had been in talks with the government since May last year to push for a price revision. “At current prices, there is no justification for additional investment as our production costs ha... |
New factory for Namibia18 August 2006, Published under Cement NewsPlans are at an advanced stage to establish Namibia’s very own cement factory, nine years after the closure of the first one at Otjiwarongo. By the end of 2007 or early 2008, Namibia’s own cement plant will be in full production. Farm Cleveland in Otjiwarongo, where ARDEA Investments (Pty) Ltd plans to establish a quarry and cement plant, has 40 years’ worth of supply of raw materials to produce between 750 000 and 900 000 tonnes of cement per year. Brazilian CP Cimento and Whale Rock... |
Bamburi defends stake in Portland18 August 2006, Published under Cement NewsBamburi Cement Company managing director Michael Purchercos addresses the media outside the factory in Athi River during the launch of the firm’s road safety week yesterday. Managing director Michel Puchercos said there were no negative business consequences arising from the stake in East African Portland Cement Company. Lafarge, the 73 per cent owner of Bamburi, directly or indirectly holds 41.7 per cent in Portland. Last week, the Trade and Industry ministry said shareholders of Portlan... |
190,000 tonnes cement exported to Afghanistan in July18 August 2006, Published under Cement NewsCement exports from Pakistan to Afghanistan touched 190,000t mark in July despite withdrawal of rebate for stabilising prices in the local market, official sources told Business Recorder. Sources said the All Pakistan Cement Manufacturers Association (APCMA) had raised serious concern over the withdrawal of rebate a few months ago, arguing that Pakistan would lose its hard-won export market in Afghanistan to India or Central Asian republics, but the current export trend negates their app... |
Madras Cements to double captive power plant capacity18 August 2006, Published under Cement NewsMadras Cements Ltd is doubling the capacity of its captive power plant at its Jayanthipuram factory in Andhra Pradesh. The first unit of the coal-based 18 MW captive power plant is expected to be commissioned by March 2007. With the company’s cement manufacturing capacity expected to go up by 2 million tonnes a year at the Jayanthipuram plant, it has decided to double the capacity of the captive power plant. Thermax Ltd, which bagged the order for the first 18 MW unit at Jayanthip... |
Department rejects plans for ’green’ cement17 August 2006, Published under Cement NewsThe Irish Department of the Environment has refused to support Office of Public Works (OPW) proposals on the use of environmentally friendly cement (using mainly GGBS or fly ash) in public building projects. Documents obtained under the Freedom of Information Act show the department made its opposition clear after a meeting at which cement industry representatives vigorously opposed the proposals. According to documents released to The Irish Times, the department had discussions with ... |