Cement News tagged under: international
New cement plant begins production15 June 2006, Published under Cement NewsBestway Cement, situated in District Chakwal, Pakistan, started production Tuesday from its new plant. The facility has been built at a cost of Rs7bn (US$116m). A brief ceremony was held at the plant, which was attended by people of the area and local notables. Representatives of foreign suppliers of the plant as well as the chief executive of the company had specially flown in for the occasion. Chief Executive of the company Zameer Chaudhry stated that the project has been completed in a r... |
Chinese building material producers see profits tumble15 June 2006, Published under Cement NewsThe National Bureau of Statistics of China and China Building Material Industry Association jointly released the country’s top 100 building material manufacturers for 2005. Last year, the 100 companies received combined profits of CNY 8.3 billion, some CNY 3.4 billion down or 29 per cent lower than the same period of 2004. Vice chairman of the association told journalists that the main reasons for the slippage are ever increasing prices of raw materials and fuel and falling factory prices o... |
South Africa plans massive rise in construction14 June 2006, Published under Cement NewsSouth Africa will spend about 27 billion rand (US$3.96bn) in construction over five years in a bid to help hasten economic growth in Africa’s biggest economy, Public Enterprises Minister Alec Erwin said on Tuesday. South Africa has said it wants to inject some 200 billion rand over the next five years to build or upgrade infrastructure in its bid to boost economic growth to about 6 per cent a year -- compared with growth of 4.9 per cent in 2005. "In the private sector the supplier industrie... |
Bazel to reorganise cement business14 June 2006, Published under Cement NewsLLC Bazel (Basic Element) Russia has reorganised its cement business in a separate division and will develop it as independent line of business, managing director of Bazel for construction and construction materials Artur Markaryan has said. The official was quoted that the company is considering construction of two cement plants: in the Krasnoyarsk region and the Ryazan region. Ryazanskiy plant will be based at a large lime deposit and the capacity will be over 3Mta cement. The second plant... |
Ukrainian Cement capacity utilisation14 June 2006, Published under Cement NewsCapacity utilisation in Ukraine’s cement industry stood at 57.5 per cent in 2005, while the average figure for member companies of local cement producers’ association Ukrcement ( which incorporates 12 Ukrainian cement companies) was 60.7 per cent, Ukrcement CEO Petro Lopatiev told the international Cement Industry and Market conference in the Crimean resort of Yalta. Ukrainian cement producers Ivano-Frankivsktsement and Kryvyi Rih Cement, part of the association, worked at an utilisation... |
Cement factory torched in Ganderbal14 June 2006, Published under Cement NewsThe burning of two cement units in Ganderbal, Kashmir, India by a mob has sent shock waves among the industrial fraternity with industrialists accusing government of failing to protect the factory from l;ocals angry at continuing pollution violations. Witnesses said the mob torched the first floor of the company. “I along with around 12 employees were stuck in the company when it was burnt down. Some members from the mob got entry into the second floor and asked us to come out. Having no ot... |
Producers say market will determine cement price14 June 2006, Published under Cement NewsThe Dominican Association of Cement Producers said today the market will set the product’s price, and considered that the cost agreed-to with the Industry and Commerce Ministry to end the “price war” did not cover production. Association executive Miguel Angel Treviño, who is also general manager of Cemex Dominicana, divulged results of a study conducted by the entity on the cement industry situation. He affirmed that, for one-and-a-half years, the Dominican market had not reflected a rea... |
No growth forecast for construction industry in 200614 June 2006, Published under Cement NewsThe Incorporated Masterbuilders Association of Jamaica (IMAJ) says it members are now faced with the task of renegotiating contracts with their clients and absorbing losses. Speaking Monday on Beyond the Headlines, President of the IMAJ, Michael Archer, described the worrying situation facing building contractors. “The clients only underwrite losses to the extent that the losses are a result of their own action. They cannot be blamed for the shutdown and the disruption that’s facing…the mark... |
Holcim keen on stake in Mysore Cement, India13 June 2006, Published under Cement NewsIndustry sources say that after a controlling stake in ACC Ltd and Ambuja Cement Eastern Ltd and buying around 15 per cent in Gujarat Ambuja, Holcim is now keen on acquiring a stake in Mysore Cements Ltd. The SK Birla group company has a capacity of around 2Mt. "The deal, if it materialises, will give Holcim a footing in the south Indian market. Gujarat Ambuja is a predominant player in north and west India while ACC is strong in east and north," sources said. The promoter group hol... |
Italcementi starts feasibility study for new plant, Saudi Arabia13 June 2006, Published under Cement NewsItalcementi SpA said it has signed a memorandum of understanding with its Saudi Arabian partner Arabian Cement Company to start a feasibility study for a new cement plant near the city of Jeddah. Details on production capacity, timetable, and the size of the investment will be defined once the study has been successfully completed, it added. In May last year, Italcementi and Arabian Cement Company signed a five-year cooperation agreement. |