Cement News tagged under: international
Eurocement Group Ukraine to build new lines12 July 2006, Published under Cement NewsEurocement Group Ukraine intends to construct a fifth line at its Baltsem works (Balakliia, Kharkiv region) and build a fourth line at the Pushka cement works (Kramatorsk, Donetsk region) by 2008, announced Mikhail Skorokhod, Eurocement Group’s president. Reconstruction of the line at Baltsem will increase the plant’s production capacity by 1Mta of cement. The new Pushka cement line will increase the plant’s cement capacity from 650,000tpa to 1Mta. "...Thus, these two plants will be ready... |
France’s Societe Generale to finance cement project12 July 2006, Published under Cement NewsThe French financial firm, Societe Generale, will provide US$86m loan for the Ha Tien Cement Plant I to carry out a cement plant project in the Mekong Delta province of Binh Phuoc. An agreement to this effect was signed by the two sides in Ho Chi Minh City on July 11. Nguyen Ngoc Anh, Director of the Ha Tien Cement Plant I, said that the loans will be used for supplying clinker production technology and technical services to the 4.8 trillion VND (300 million USD) Binh Phuoc Cement Plant pro... |
Slowly but surely the cement supply improves, Jamaica12 July 2006, Published under Cement NewsThe Government has made headway in increasing the supply of cement locally. The Ministry of Industry and Commerce says 16,000t from Caribbean Cement will be made available to the market this week. The figure was presented during a meeting on Monday involving Ministry officials and representatives of the Incorporated Masterbuilders Association of Jamaica, the Hardware Merchants Association and the Jamaica Chamber of Commerce. It is reported that last week Caribbean Cement sold another 16,00... |
Rajawali signing of Gresik deal draws closer, Indonesia11 July 2006, Published under Cement NewsIndonesia’s government hopes to sign an agreement with the Rajawali group later this week to allow the Indonesian conglomerate to buy Cemex SA de CV’s stake in state-controlled cement maker PT Semen Gresik, a minister said. "The draft of the agreement is expected to be finished later today so that the agreement can be signed in the coming days," Minister of State Enterprises’ Affairs Sugiharto told reporters, without providing details of the timetable. The agreement will state that t... |
Lafarge SA: Federal Agents search offices of unit over ’government pacts’11 July 2006, Published under Cement NewsLafarge North America Inc, the U.S. unit of the world’s biggest cement maker, said several of its offices in western New York state were searched by federal agents in connection with a probe into "certain government contracts," reports the Wall Street Journal. The company said in a regulatory filing with the Securities and Exchange Commission late yesterday it is co-operating with the investigation, and that it is too soon to tell what the impact of the probe will be. "On June 28, 2006, fe... |
Cement companies to post higher price realisation in Q1, India11 July 2006, Published under Cement NewsThe Indian cement sector is expected to post good numbers for April-June quarter despite a major correction in the benchmark Sensex and the government’s admonition of cement companies over abnormal price hikes. Analysts expect the cement sector as a whole to report an impressive 19-20% rise in realisation due to a 7-8% growth in volumes. An analysts’ report from Sharekhan bets big on JK Cement and Shree Cement, which is expected to post, a growth in profits of 273% and 182%, respectively. ... |
Third Thanh Hoa cement plant to be built, Vietnam11 July 2006, Published under Cement NewsThe Cong Thanh Cement Joint Stock Company began construction work on the third cement factory located in the central province of Thanh Hoa on Tuesday. The VND920bn (US$57.6m) factory in Tinh Gia District will have an initial capacity of 1Mt of cement per year and 2.8Mta when fully operational. Cong Thanh Cement said the factory would employ 270 local workers when it opens in 2008. |
Volyn Cement output down, Ukraine11 July 2006, Published under Cement NewsVolyn-cement company (Zdolbunov, Rivne region) decreased cement production by 5.7% or 8.6t to 141,300t compared to the same period of 2005, according to the Ukrcement Association’s press service. In June, the company reduced clinker production by 14%, or 17,000t to 104,100t compared with June 2005. |
Locally produced cement prices remain stable, Pakistan11 July 2006, Published under Cement NewsWhile the fate of around 100,000t of Chinese cement detained at two ports on quality grounds still hangs in the balance, the prices of locally produced cement in Karachi have not changed in the last two months. However, a leading producer claims that prices have been reduced in the Punjab and the NWFP. A random market survey reveals that State Cement is priced at Rs290 (US$4.80) at wholesale and Rs300 at retail stage. Falcon Cement sells at Rs320-325 at retail while its wholesale price is... |
Cement price hike plan sparks angry response, UAE10 July 2006, Published under Cement NewsContractors have launched a furious response to proposed increases in the cost of cement in the UAE. The UAE’s contractor association has vowed to fight for its members if cement prices are increased by US$2.70 (AED10) per tonne. Cement manufacturers and suppliers have been in negotiations with the Ministry of Economy for the past two months to see whether they can increase the price to US$87/t. But if the 3.6 per cent rise is introduced, Humaid Salem, general manager, UAE Contractors’ Asso... |