Cement News tagged under: international
Indonesia’s Semen Gresik four month cement sales22 May 2006, Published under Cement NewsPT Semen Gresik said its four months to April cement sales reached 4.73Mt, up 1.4 per cent year-on-year, with a heavy fall in exports offsetting gains in local sales. It said domestic sales in the four-month period rose 6.8 per cent year-on-year to 4.51Mt from 4.22Mt a year earlier. Over the same period, export volume dropped 50 per cent to 223,553t from 446, 837t. The decline was in line with the company’s strategy to reduce exports by 25-30 per cent this year in order to maintain ... |
Cement sector set to grow steadily22 May 2006, Published under Cement NewsChina’s cement industry will likely see a steady recovery following a consolidation that will close smaller inefficient firms while a booming economy will spur domestic demand, Morgan Stanley said. "With the government’s tightening policy on small-scale cement producers, we see a steady trend of industry consolidation ahead," said analysts Oliver Du and Alex Gong in a research note. The consolidation, likely to benefit leading cement firms, together with domestic demand driven by China’s ong... |
Five new cement plants to become operational22 May 2006, Published under Cement NewsFive new cement plants with a total capacity of about 3.75Mt will become operational in the current year (Iranian year ends March 20), an official at the Ministry of Industries and Mines said, MNA reported. He put the nation’s current year cement production capacity at 35,200,000 tons and noted that the figure was expected to hit about 72Mt by the end of Iran’s Fourth Five-Year Socio-Economic Development Plan. The total cement produced last year amounted to some 32,656,000t, however, the ... |
Pakistan cement firms cut output22 May 2006, Published under Cement NewsWith declining trend in cement prices being witnessed for the last few weeks, some cement firms have reduced their production by over 30 per cent during the last one month. The production of cement, which stood at 63,500t a day on April 13, stands reduced to 43,700t a day on May 12 as the cement industry is of the view that the drop in the production has been made due to “considerable” decline in demand, a senior government official told the Daily Times on Friday. The cement manufacturers a... |
Dam cements place in Chinese history22 May 2006, Published under Cement NewsAfter 13 years of immense effort and technical ingenuity, China has put the finishing touches to its controversial Three Gorges dam, the world’s largest hydropower project. "I can announce to the Chinese people . . . that the Three Gorges dam is completed," construction manager Li Yong’an said after the last load of cement was poured on to the top of the dam on Saturday. The 2309m-long, 185m-high dam across the Yangtze River is meant to control floods and generate electricity for a power-... |
Vietnam demand on the rise19 May 2006, Published under Cement NewsDomestic demand for cement is forecast to increase sharply to around 3.2-3.4Mt in May and June this year due to the peak in the construction season, according to the Ministry of Trade. In April, many factories increased cement prices by between VND15,000 and VND30,000 per ton, the ministry said, adding that in the coming time, prices of the product are likely to continue rising under the State-owned Vietnam Cement Corporation’s cement price hike roadmap. However, the Ministry of Trade said... |
Cemex expected to reject Indonesian minister’s move19 May 2006, Published under Cement NewsCemex Asia Holdings Ltd, which wants to sell its 24.9 per cent stake in state cement maker PT Semen Gresik, is expected to reject a move by Minister for State Enterprises Sugiharto, who is seeking to form a consortium of state companies to buy the stake. The Mexican cement giant already agreed to sell the stake at a price of US$337 million to the Rajawali Group, but Sugiharto was reported against a deal between Cemex and the Indonesian private conglomerate. Under its contract Cemex has to... |
Ancap invests to modernise cement plants, Uraguay19 May 2006, Published under Cement NewsRaul Sendic, vice president of the state run Ancap, Uraguay, said the company board has approved investments of US$13m to modernise its cement plants. Part of the investments would adapt the units to use coal as energy source instead of fuel oil, slashing costs. Over the next days Ancap is to approach Camargo Correa, the controller of the Argentinean cement major Loma Negra, to negotiate a commercial agrement. Ancap has a 55 per cent share in the Uruguayan cement market and competes with Co... |
Dalmacijacement Q1 2006 profits rise, Croatia19 May 2006, Published under Cement NewsCroatian cement producer Dalmacijacement, part of Cemex, posted a consolidated net profit of 16.2 mln Croatian kuna (US$2.8m) in the first quarter of 2006, up 165 per cent from 6.1 mln kuna (US$1.0m) in the corresponding period of 2005, it was reported on May 18, 2006. Total revenue stood at 189.8 mln kuna (US$33.3m) for January to March 2006, compared to 154.1 mln kuna (US$27m) in the first quarter of 2005, and total costs amounted to 169.6 mln kuna (US$29.8m) in the period, up from 148 ... |
Dyckerhoff to build two cement lines, Russia19 May 2006, Published under Cement NewsDyckerhoff AG has decided to build two cement production lines, worth a total of about US$150m, in Russia’s Sverdlovsk Region, Wolfgang Bauer, chairman of Dyckerhoff’s management board, said Wednesday at a meeting with the government of the Sverdlovsk Region, the government’s press service reported Thursday. The production lines will be built at the Sukholozhsktsement cement plant based in the town of Sukhoi Log. Dyckerhoff acquired a stake in the plant in 1994 through its Russian subsid... |