Cement News tagged under: international
Alborz cement plant – progress report30 May 2006, Published under Cement NewsAccording to “Tehran Times”, the first unit of Semnan’s Alborz Cement Plant will come on stream by March 2007. The project, which is said to have cost more than 135 billion rials (nearly $15m), is now 32 per cent complete and is expected to produce over 3300tpd cement when its starts operation next year. A consignment of equipment to be installed in the factory was recently imported from Germany. The project is projected to initially create some 920 jobs. The Alborz Cement Plant is to be est... |
C&CA calls for cement ceiling price revision30 May 2006, Published under Cement NewsThe Cement & Concrete Association of Malaysia (C&CA) wants the government to review the ceiling prices for cement following the approval of the electricity tariff hike which could cost the industry an additional RM64 million annually. It said the current ceiling price no longer reflects the market situation in Malaysia and a revision is “long overdue and well justified”. The ceiling price, which averages at about RM198 per metric tonne in Peninsular Malaysia was last revised in 1995. ... |
OCL to invest to increase capacity30 May 2006, Published under Cement NewsOn the back of robust demand, Orissa-based OCL India Ltd is planning to double its cement production capacity for which it has chalked out a Rs 700 crore investment programme. "We are very bullish on the cement sector and therefore have decided to increase the capacity of our existing plant to 3.8 million tonne from 1.8Mt," said,OCL executive director (Finance) Rakesh Malhotra. "We are working on how to finance the expansion plan. It could be a combination of equity, term loans and internal... |
German-Saudi group sets up cement firm30 May 2006, Published under Cement NewsA German-Saudi consortium will build a 3mta cement plant at a total cost of 1.1bn riyals ($293.3m), of which 30 per cent will be floated, Saudi Arabian newspapers reported yesterday. German engineering Cemag Group and Saudi TIG Group signed on Saturday an agreement to build Al Watan Cement plant in Jalajil, a town around 160km north of the capital Riyadh, Al Eqtisadiah and Al Jazirah newspapers reported. Officials at the two companies could not be reached for comment but a spokesman for the... |
Cement in Cordillera, Ilocos overpriced30 May 2006, Published under Cement NewsA bag of cement sold in Bagio City, Philippines, and in some provinces in the Cordillera and the Ilocos reach consumers at a 100 per cent price mark up by retailers, an investigation conducted by the city council showed. Councilor Daniel Fariñas, chair of the council committee on market, trade and commerce, said from the plant, a bag of cement would only cost around P75, but when it reaches the market, the price would increase to between P175 and P200. But Fariñas said consumers should not... |
L&T may import cement to curb price rise, India26 May 2006, Published under Cement NewsLarsen & Toubro may resort to importing cement from countries like Sri Lanka, China and Korea to beat the volatile rise in cement prices. "In the event of increasing cement prices, we may resort to cement imports," KV Rangaswami, senior vice-president, operations, L&T, said. Generally, cement constitutes 15% of the total construction expenditure, Rangaswami said. Importing cement would only be last resort of the company when other options fail. "We will ask our clients to incorporate a cos... |
Cement price surges up by 76%, Dominican Republic26 May 2006, Published under Cement NewsSanto Domingo: Manufacturers have decided to increase the price per the sack of cement, by 76.4 per cent while warehouse owners justified this move, and also raised the cost of construction rods by 25 per cent, alleging that prices during the past eight months had been “fictitious”. The sack of cement that two days ago cost 85 pesos rose to 150 pesos, while the pack of construction rods went from 1,400 pesos to 1,750. The domino effect caused by the hike in cement costs also generated pri... |
Cement company denies cutting back on imports, Jamaica26 May 2006, Published under Cement NewsCaribbean Cement Company Limited is denying claims being made in some quarters that it has cutback on the importation of supplies. Caribbean Cement General Manager Anthony Haynes says contrary to these claims, the company has imported more than 60,000 tonnes of cement since the start of the year. He says another shipment from the Dominican Republic is expected to arrive in two weeks. |
Cement prices ‘stalling civic projects’26 May 2006, Published under Cement NewsContractors responsible for carrying out repairs of roads and bridges in India claim that cement manufacturers are to blame for recent delays in work due to the increase of cement prices by almost 70 per cent in just six months. The Builders Association of India (BAI), which held a meeting over the issue at Indian Merchants’ Chamber near Churchgate on Thursday, is quite convinced that cement manufacturers have formed a cartel to indulge in profiteering. The association is blaming the govern... |
Green nod for Jaypee’s Himachal cement plant, India26 May 2006, Published under Cement NewsWith the ministry of environment and forests giving its clearance, the Jaypee group’s proposed cement plant in Himachal Pradesh’s Solan district is expected to become operational by the end of next year. The 2Mt capacity plant will come up at Baga Bhalag and will be the second plant in the limestone-rich Solan district. The Gujarat Ambuja group already has a plant in the neighbourhood. The state government had allotted the Rs 6bn Baga Bhalag cement plant to Jaiprakash Industries over a yea... |