Cement News tagged under: international
Block units hit hard by cement shortage19 June 2006, Published under Cement NewsThe ongoing cement shortage has badly affected the companies making cement blocks, said a report in a local Arabic daily. “Because of the shortage, we hardly can meet half of the demand from the construction companies,” said the owner of a block factory. “The current shortage of cement is about 9700 tonnes a day. The only way to meet the deficit is to import the material. We know that there is another cement company coming up but it would take two years to start production. “Less productio... |
Penden to produce cement in Bangladesh19 June 2006, Published under Cement NewsThe Penden Cement Authority Limited in Gomtu, Bhutan and a Bangladeshi company have agreed on a joint venture to produce cement, which is described as a sure ’win win situation’. Bangladesh levies high import taxes on cement and a cheaper alternative is to import clinker and then convert it to cement on their home soil. Producing clinker in Bhutan had the advantage of easier availability of raw materials and cheap energy. “Bangladesh has a annual deficit of about 4 to 5 million metric tonne... |
New cement silos for CHC19 June 2006, Published under Cement NewsChia Hsin Cement Greater China Holding Corporation (CHC) has announced that its two new cement silos in Zhenjiang City, Jiangsu Province, the PRC were completed in late May, and will be put into use on 15 June, each offering a storage capacity of 15,000t. The construction of the two new facilities commenced in October 2005, with the actual investment close to the planned investment of US$4.4m. “The two new cement silos represent an important investment decision made in 2005, when the... |
Akçansa makes major Canakkale investment19 June 2006, Published under Cement NewsAkçansa makes major Canakkale investment With a proposed spend of US$135m, Turkish producer Akcansa will increase its clinker production capacity to 5.7Mt and its cement grinding capacity to 9Mt by end-2007. This advance comes about by the decision to push ahead with a second line expansion at the Canakkale plant in Turkey which will increase the daily production capacity from 2Mta to 4Mta. At the ground-breaking ceremony Akçansa’s board chairman Erhan Kamish has indicated that Akçansa is... |
Cemex ready to discuss arbitrage cancellation16 June 2006, Published under Cement NewsWhile rejecting the requirement of the Minister of SOE Sugiharto, to reconsider the sale of its stake to the Rajawali Group, Cemex Asia Holdings said the company is ready to discuss the cancellation of arbitrage and other legal action the company has taken. The company expressed such readiness by sending a letter on June 14, signed by the Director of Cemex Hector Medina, in respond to the SOE Minister’s letter on May 25. On his latest letter, the SOE Minister asked Cemex to reconsider... |
Russian court to hear Eurocement antitrust case16 June 2006, Published under Cement NewsThe Federal Arbitration Court for the Moscow court district has scheduled for July 3 the hearings of a complaint filed by the Federal Antimonopoly Service (FAS) seeking to oblige Russia’s largest cement producer Eurocement to cease alleged antitrust violations, a court official told Prime-Tass Thursday. The antitrust watchdog is challenging a ruling of Russia’s Ninth Arbitration Court of Appeals, dated March 31, which canceled the FAS’ ruling that obliged Eurocement to cease the violations. ... |
Construction market, put at 6 billion euros in 200516 June 2006, Published under Cement NewsThe construction industry in Romania grew in the first quarter of the year 20 percent, three times faster than the entire economy. The value of construction works for 2005 was estimated at six billion euros and is expected to grow 25 per cent in 2006. The malls, houses, villas and office buildings are being constructed at a rapid pace in Bucharest, the market being fuelled by private projects paying cash. Hidroconstructia, the market leader, reported in 2005 a 160 million euro turnover, up... |
Peruvian domestic cement sales increase16 June 2006, Published under Cement NewsPeruvian domestic cement sales stood at 404,426t in May 2006, up 22.9 per cent year-on-year, the country’s Association of Cement Companies (Asocem) said on June 15, 2006. Peruvian cement company Cementos Lima generated 161,402t of the total cement sales in Peru in May 2006, followed by the local cement company Cemento Andino with 93,392t. Peru’s cement exports stood at 100,940t in May 2006, up 38.9 per cent year-on-year. The entire cement exports were made by Cementos Lima. Cement sales tot... |
Italcementi to invest more in India15 June 2006, Published under Cement NewsItalcementi will invest Rs 800 crore (US$174m) over the next two years in various greenfield and acquisition projects the company’s Chief Executive Officer Mr Carlo Pesenti said. The Italian company has already spent Rs 1200 crore in India having acquired Zuari Cements in 2000 and Sri Vishnu Cements in 2001. As part of its expansion plans, a 5500 tonne-per-day clinker unit will be built at the company’s plant in Yerraguntla, a statement said. This will be operational in 2008. A grinding... |
India Cements looking for more opportunities15 June 2006, Published under Cement NewsIndia Cements Ltd, which has reported a profit for the second straight year plans to have a pan-India footprint. Apart from signing up for a two million tonnes a year cement plant in Himachal Pradesh the company is scouting for mining leases in Rajasthan and Madhya Pradesh for setting up plants in these States. It hopes to finalise the plans for its Himachal Pradesh plant, for which it has signed an agreement with a State Government undertaking, in the next month or so. The company expects ... |