Cement News tagged under: international
Lafarge’s cement project on track, South Africa18 July 2006, Published under Cement NewsLafarge South Africa’s cement business unit’s SAR1.2bn project - to increase its cement capacity by 1Mta - is on track and scheduled for finalisation and commissioning in 2008. Lafarge South Africa CEO Frederic de Rougemont said groundwork has started and an order for a new plant would be placed in the fourth quarter of 2006. The project involves two major investments, including the installation of a new kiln at the company’s existing Lichtenburg Cement Works, to expand the clinker product... |
Pakistan cement production estimated at 33.8Mt by year-end18 July 2006, Published under Cement NewsPakistan’s total cement production capacity is projected by the industry to grow to 33.802Mt by the end of the current fiscal year and to 42Mt by 2009-10. Total production capacity of the cement industry grew by 17 per cent to 21.641Mt in 2005-06 from 17.91Mt the previous year. The growth during the current financial year is projected to be 36 per cent over the last fiscal ending on June 30, 2006. "The current dynamics and trends of the market require such commitment and the all c... |
Indonesia Government, Rajawali agree on voting rights for Gresik sale17 July 2006, Published under Cement NewsThe government and the Rajawali Group finally reached an agreement on voting rights, paving the way to closing the share sales deal that will make Rajawali a 24.9 per cent shareholder of state cement maker PT Semen Gresik. Talks earlier were deadlocked over voting rights with the government as a 51 per cent shareholder wanting to maintain the principle of one share one vote while Rajawali wants to make decisions based on deliberation. Rajawali is expected to sign the final deal with ... |
Cement sales to rise 10 per cent per year through 2010, Vietnam17 July 2006, Published under Cement NewsCement sales in Vietnam will annually increase by 8-10 per cent from now till 2010, according to the Trade Minsitry. Existing cement and clinker makers in Viet Nam will intensify production in the near future because there will be no new cement plants or major clinker facilities constructed between now and mid-2008. Cement makers in the country have a combined annual capacity of producing 29Mt of cement and 19Mt of clinker, said an official from the ministry. The ASEAN Federation of Cement M... |
Cement firm to expand Rashadiyah plant, Jordan17 July 2006, Published under Cement NewsJordan Cement Factories Company (JCFC) will invest JD20m to expand its production capacity at the Rashadiyah factory, a JCFC statement said. According to General Manager Rasheed Ben Yakhlef, "the JCFC would begin its expansion plans in the first quarter of 2007 to raise production capacity to 4.8Mt. "The company would increase this figure to 5.5Mt by the end of 2008 through developing and extending the Rashadiyah factory production lines," he indicated in the statement. Besides the expans... |
Cement Company petitions senate over closure, Nigeria17 July 2006, Published under Cement NewsThe Ibeto Cement Company, has sent a petition to the Senate, accusing the Federal Government of complicities in the closure of its cement bagging plant. The petition, signed by the company’s Chairman, Chief Cletus Ibeto, and copied to the House of Representatives Speaker, as well as the various caucuses of both the Senate and House, the company alleged that the Federal Government has further “denied us the right to discharge six vessels with about 180,000t of bulk cement.” Ibeto said the c... |
Iran cement increase17 July 2006, Published under Cement NewsOutput of the Iranian cement industry in Spring 2006 saw an increase of 300,000t compared to the same period last year. The predicted amount for this period as 7.9Mt but reached an unexpected 8.4Mt. Iran last year produced 32.7Mt cement which based on this increase this year this figure is estimated to reach 35Mt. |
China’s cement output hits new high in first five months14 July 2006, Published under Cement NewsChina’s cement output in the first five months hit a new high with a rise of 20.4 per cent from the previous year, said a new report on Thursday. The Xinhua-run China Securities Journal quoted statistics published by Digital Cement, an industrial website run by the China Cement Association, that the output of cement from January to May reached 429Mt. The year-on-year growth was the highest in five years, said the report. The average factory price stands between 230 and 232 yuan (US$28.9) ... |
Holcim Indonesia sees lower 06 sales14 July 2006, Published under Cement NewsThe chief of PT Holcim Indonesia Tbk , the country’s third largest cement maker, said on Friday the firm’s 2006 sales could be up to 14 per cent lower than last year due to a slowdown in the construction sector. However, Tim Mackay, CEO and president director of Holcim Indonesia, a unit of Holcim Ltd, said overall industry sales were likely to be only 0.5-1.0 per cent lower than last year, depending on the pace of recovery in the second half of this year. Mackay told Reuters in an ... |
UAE demand to keep rising14 July 2006, Published under Cement NewsGiven the pace of construction in the UAE, demand for cement is expected to increase by up to 15 per cent every year for the next five years, raising prices for the commodity during this period, according to a industry study conducted by the Emirates Industrial Bank. The study predicts that a decline in prices could be expected only when projects to increase cement production go on stream. According to the study, demand rose to around 12Mt in 2006 from 7Mt in 2000. The UAE has a production... |