Cement News tagged under: international
Yemeni cement markets10 July 2006, Published under Cement NewsYemen currently needs from 3 to 5Mt of cement annually to meet local demands. Yemen has been suffering a cement shortage as demand has increased dramatically due to an augmentation in the building industry, particularly in the major cities, beginning two years ago. Since 2005, the cement shortage peaked, when the price of a 50kg bag rose to YR1200 on the black market. Last week, the International Finance Corporation announced its investment in National Cement Company, to support a green f... |
Cement quarry license sold at auction, Georgia10 July 2006, Published under Cement NewsA license for extraction works in the Tchishuri, Broliskedi and Nakhshirghele limestone quarries was sold to Georgian Cement Ltd for GEL 47.58 m at the auction in the Ministry of Environment Protection on Friday. The initial price of the lot was GEL 1.3 m, Prime-News was told by representatives of the Ministry. The license is valid for 20 years. Georgian Cement, SaqCement and Mikheil Kakulia were taking part in the auction. According to the Ministry, that was the highest price pai... |
Cement sector growth remains buoyant in June, India10 July 2006, Published under Cement NewsThe Indian cement sector maintained its upward trend in production and despatch figures for the month of June 2006 as well, though growth rates have come down modestly from the first two months of the April-June quarter. The best performer was Gujarat Ambuja Cements, which reported double digit growth in both production and despatches over June 2005. Aditya Birla group managed a near double digit growth in despatches though growth in production lagged. There is nothing much to separate betw... |
Gresik to raise export volumes in 2006, Indonesia07 July 2006, Published under Cement NewsPT Semen Gresik will raise its export volume in 2006 in order to anticipate tight product competition and continuing low domestic demand for cement, a spokesman said. PT SG President Director Dwi Sutjipto told local journalists the company’s export volume this year was planned to be about 2.45Mt or 15 per cent of total production which was targetted initially at about 16.2Mt. In the previous year, SG’s export volume was about 13 per cent of total production reaching 15.8Mt. "Apart from ... |
Cement output up Jan-April 2006, Mexico07 July 2006, Published under Cement NewsThe output of Mexico’s cement producing companies increased 12 per cent YoY from January to April 2006, boosted by a rise in the capacity and demand, according to local press reports. National cement demand is expected to increase by four per cent YoY in full 2006, mainly in infrastructure and housings sectors. The rise in cement output in full 2006 will be the highest since 2000, according to Osmin Rendon, president of Mexico’s national Cement Chamber (Canacem). Mexico’s cement sector w... |
More cement plants for Afghanistan07 July 2006, Published under Cement NewsAfghanistan’s Mines Ministry said more new private cement factories would be established within three years to help in fulfilling 50 per cent of the country’s cement needs. Engineer Khozhman Uloomi, spokesman for the mines ministry, said that a license had already been issued to one factory to be set up in the northern Baghlan province, while three others would get licenses in the near future. Afghan Invest Com, which recently received a license, will be the biggest private cement fact... |
Cemex says higher prices of cement due to inflation and energy costs, Latvia07 July 2006, Published under Cement NewsCemex, owner of Latvia’s Broceni cement plant, has said that cement prices are to be raised due to inflation and increasing prices of energy resources, according to the company’s public relations manager Linda Vitola. Cement prices will increase by an average 10 per cent. The increase is due to inflation, higher salaries at the company, increasing energy and transportation costs. No specific day has been set for raising the prices, Vitola said. The company’s clients will be notified timely... |
Lafarge Morocco arm expands to meet demand07 July 2006, Published under Cement NewsThe Moroccan arm of Lafarge has launched a drive to expand in the north of the country, where it sees demand for cement growing by 20 per cent this year, its managing director said. It is now making the most of a programme to improve low-income housing and develop the country’s infrastructure, especially in the long-neglected north where the government is building a massive port and industrial complex near Tangier. The company has raised its forecast for growth in Morocco’s cement market... |
Pakistan cement sales up 12.6 per cent07 July 2006, Published under Cement NewsCement sales during the last fiscal year showed a growth of 12.6 per cent, reaching at 18.4Mt - the highest number of dispatches made by the cement industry in its history. As against last three fiscal years (FY2003-2005) CAGR of 18.2 per cent, cement dispatches in FY2006 depicted growth of 12.6 per cent. Total cement sales in FY2006 stood at 18.4Mt as against 16.4Mt sold last year. As per latest cement dispatches data, local sales stood at 16.9Mt compared to 14.8Mt last year, portraying an... |
Indonesia approves Lafarge expansion plan06 July 2006, Published under Cement NewsThe National Investment Coordinating Board has approved Lafarge SA’s proposal to expand cement production capacity at its North Sumatra subsidiary PT Semen Andalas at an investment cost of US$450m, the board’s chairman Mohamad Lutfi said. Lutfi said the Semen Andalas project was among largest foreign direct investments (FDIs) approved in June, prompting a large jump in FDI approvals for the second quarter. Lafarge earlier said it has secured a US$30m bridging loan from Citigroup Inc ... |