Cement News tagged under: international
Vietnam plans to increase prices09 August 2006, Published under Cement NewsThe Vietnam Cement Association said it has proposed a road map for a cement price hike in a bid to compensate for the increasing prices of materials. The association said it proposed to raise the price of cement by VND50,000 (US$3.11) per tonne for this year, a rate that was generally supported by industry insiders and relevant ministries. Production costs of cement rose by VND30,000 per tonne last year and if the price of coal and electricity rise by 20 per cent and 10 per cent as schedule... |
Southern Africa cement sales rise in July09 August 2006, Published under Cement NewsCement sales in the Southern African Customs Union, consisting of South Africa and four neighbours, gained 15 per cent in July, rising for a third month after a decline in April. Sales in South Africa, Lesotho, Botswana, Namibia and Swaziland rose to 1,27Mt from 1,1Mt in the same month a year earlier, the Cement & Concrete Institute, based in Midrand, South Africa, said on Tuesday on its website. Sales growth accelerated from 9.1 per cent in June, after falling to 1Mt in April, the first dec... |
Cemex representatives to meet with PCTVL09 August 2006, Published under Cement NewsRepresentatives from Cemex will meet with members of various Latvian parliamentary groups over coming weeks, as the parliamentary group’s press secretary Alina Petropavlovska told local news sources. A delegation from the company will meet with Andris Tolmacovs, member of Saeima Economic, Agricultural, Environmental and Regional Policy Committee, to discuss investment plans of Cemex, the owner of the Broceni cement plant. Cemex executives wish to meet with all parliamentary groups to info... |
Oman Cement net rises09 August 2006, Published under Cement NewsOman Cement Company 51 per cent owned by the Sultanate government, yesterday reported a 26.1 per cent rise in net profit to RO9.752 million during the first half year period ended June 2006 as against RO7.733 million recorded in the same period last year. The company attributed increased sales realisation as the main reason for the higher profit. Cement prices have been staying firm during the first half period ended June 2006 on account of strong demand in Oman and the neighbouring UAE. "... |
Eastern Europe pushes Dyckerhoff ahead08 August 2006, Published under Cement NewsThe separately quoted Buzzi Unicem subsidiary has reported a 6.1 per cent increase in first half turnover to €624m, but thanks to sharply improved profitability in Eastern Europe and in the United States, the EBITDA grew by 26.1 per cent to €150m and the trading profit (EBIT) by 54.0 per cent to €97m. Lower cement deliveries in Germany and Luxembourg were compensated for by higher volumes in Poland, the Czech Republic and the Ukraine, while shipments in the USA and in Russia were stable. O... |
Construction corporation to step up operations08 August 2006, Published under Cement NewsThe Vietnam Construction and Machinery Installation Corporation (Lilama) is stepping up its energy, cement and ship-building projects valued at a combined US$1.8bn, said the company’s general director Pham Hung. Technical designs for infrastructure construction of the Thang Long and Song Thao cement plants have been finished. The 5.2 trillion VND (US$325.6m) Thang Long factory will be capable of producing an annual 2.3Mt of cement while the 1.1 trillion VND (US$66.1m) Song Thao plant, ... |
Inekon Group to build Vietnam plant08 August 2006, Published under Cement NewsCzech firm Inekon Group today signed a contract for the construction of a new cement factory for EUR115m (Kc3.3bn) in Vietnam with the management of Vietnamese company Phu Son Cement JSC. Inekon Group is the general contractor, and PSG International is a sub-contractor. The cement factory’s machinery will be produced by PSP Engineering of Prerov. The first supplies to Vietnam are to be made in the first quarter of next year and the plant is to be completed in three years. The contract’s... |
Minister ‘instigated Mapelu sacking’08 August 2006, Published under Cement NewsTHE East African Portland Cement Company (EAPCC) lost more than Sh48 million through underhand dealings by powerful personalities in the government, a parliamentary committee has claimed. The Parliamentary Committee on Finance, Trade, Tourism and Planning yesterday revealed that two companies involved in the syndicate belonged to a Cabinet minister believed to have conspired to force out EAPCC’s director Zakayo Ole Mapelu. Committee chairman, Bondo MP Dr Oburu Odinga claimed the two compani... |
Portland Cement looks for a new CEO07 August 2006, Published under Cement NewsThe board of directors of the East African Portland Cement Company (EAPCC) has appointed Mr Ndegwa Kagio as the acting managing director as an interim measure. The board resolved to immediately advertise the position of the managing director of the company. The position fell vacant following the resignation of Mr Zakayo ole Mapelu on Tuesday. Mr Mapelu had been sent on forced leave early last month to facilitate a probe on the company’s financial management. Prior to his elevation to th... |
New kiln for Belarusian plant07 August 2006, Published under Cement NewsThe Belarusian Cement Works (BCW) in Kostyukovichi, Mogilyov region, has begun the construction of a new cement kiln with a 600tpd capacity, an executive with the enterprise’s sales department told local reporters. The kiln is expected to be put into operation in the second half of 2007. The BCW also plans to introduce the second cement line worth of $130-140m to produce up to one million tons of cement annually. As much as 1.7 billion roubles have been allocated this year for the co... |