Cement News tagged under: international
China’s CAMC to build cement production line in Kyrgyzstan12 June 2006, Published under Cement NewsChina CAMC Engineering Co Ltd has concluded a deal to construct a cement production line in Kyrgystan, the official Shanghai Securities News reported. The plant is expected to have an output of 2500t of cement per day and will be completed in 2008, the report said. It added that China will provide US$77.8m in preferential export buyer’s credit for the project. CAMC Engineering Co Ltd was the first Chinese firm to launch an initial public offering (IPO) after the China Securities Regulatory ... |
Builders protest against cement price hike, India09 June 2006, Published under Cement NewsThe Builders Association of India has protested against the hike in cement price. A statement issued by Balagopal Menon, chairman of the Kerala centre of the association, said that cement prices ranged between Rs.145 and Rs.170 per bag between 2003 and 2005, but the prices shot up to Rs.210 and Rs.225 between January and April this year. The steep increase has caused a huge loss to the builders. It also led to cost and time overruns for all infrastructure works. The price rise is unjus... |
Cementos Portland Valderrivas increases stake in Cementos Lemona09 June 2006, Published under Cement NewsSpanish cement producer Cementos Portland Valderrivas has invested EUR111,360 in the acquisition of 3,480 Cementos Lemona shares, thus increasing the stake in its subsidiary to 97.403 per cent. Back in February this year, the Spanish group acquired 96.06 per cent of Cementos Lemona through a takeover bid. In March, The Spanish group decided to launch a squeeze-out of the subsidiary’s remaining minority shareholders at 32 euros per share in order to delist the stock. |
Quality of imported cement found satisfactory, Pakistan09 June 2006, Published under Cement NewsThe quality of imported cement is up to Pakistani and British standards and the commodity is excellent for use in construction, said an official statement issued by the ministry of industries, production and special initiatives on Thursday. The ministry said it had ordered the quality test of Cheetah Brand imported cement. The test results of Cheetah Brand imported cement show that its quality is up to British and Pakistani standards, said the statement. According to an official, the cemen... |
85,300t of imported cement expected this month, Jamaica09 June 2006, Published under Cement NewsThe Ministry of Industry, Technology, Energy and Commerce has reported that 85,300t of imported cement is expected in the island this month. This is in addition to the production expected from Caribbean Cement Company Limited, which could range from 60,000 to 80,000t. Speaking with JIS News, Senior Director of Policy and Planning in the Ministry, Reginald Budhan outlined that five companies have indicated their intention to import cement this month. Caribbean Cement Company Limited will be... |
Tanga Cement told to use locally sourced coal09 June 2006, Published under Cement NewsTanga Cement Company should use coal from Kiwira in Mbeya instead of importing the material from South Africa, Tanga Regional Commissioner, Mohamed Abdulaziz said on Wednesday. Abdulaziz made the suggestion when he toured the company’s factory here. Addressing the firm’s senior officials, he said it would be more prudent to use locally available coal rather than import the material. ’’The company can save a lot of money if it uses locally available coal� this will also go a long way to imp... |
M’bishi Materials, S’tomo Osaka Cement Join For Limestone Mining09 June 2006, Published under Cement NewsMitsubishi Materials Corp and Sumitomo Osaka Cement Co announced Thursday that they will jointly develop limestone mines in Kitakyushu. The two companies will invest approximately 13.5 billion yen to build the mining facility, with Mitsubishi Materials putting up 80% of the money. Construction is scheduled to begin in fiscal 2006, and production of limestone for use in cement will start in 2011. The companies are developing an undeveloped site that is owned by Sumitomo Osaka Cement... |
HeidelbergCement signs deal with Istra Cement, Croatia09 June 2006, Published under Cement NewsHeidelbergCement AG signed a contract with Mid Europa Partners on the sale of their 92,4% stake in Istra cement, ’CT’ reports. Ownership stake transfer should be completed by the end June, when Mid Europa Partners should become majority owner of this company. HeidelbergCement AG decided to sell a part of the group related to production of Calcium-Aluminate Cement, which includes Istra cement, in accordance with HeidelbergCement strategy which is to focus on production of Portland cement. ... |
Shareholders approve Binani arrangement, India09 June 2006, Published under Cement NewsBinani Industries Ltd, has informed BSE that the shareholders of the Company at their Court Convened Meeting held on June 6, 2006, have approved the Scheme of arrangement for swap of the Company’s shares with the Shares of Binani Cement Ltd., and Binani Zinc Ltd., with requisite majority, without any modification. |
Mexico Construction Association sees 5.5% sector growth in 200608 June 2006, Published under Cement NewsConstruction activity in Mexico will likely expand at least 5.5% this year, boosted by continued demand for home construction and infrastructure, an official from the country’s construction chamber said Wednesday. Jorge Diez de Bonilla, vice president of housing at the chamber, told Dow Jones Newswires that the sector’s growth will likely slow from the torrid pace at the beginning of the year, when the reconstruction effort from last year’s hurricanes was in full steam. But he predicts tha... |