Cement News tagged under: international
Cemex raises prices in Mexico16 May 2006, Published under Cement NewsCemex raised prices for the building material by about three per cent in Mexico, where the company is based, construction traders said on Monday. It is the second time the Monterrey-based company has raised prices this year. A Reuters survey of construction material distributors said Cemex’s cement prices had risen by an average of 3.3 per cent. "The price per tonne rose from 1800 pesos to 1860 pesos, while the 50kg sack went up by 3 pesos," said a vendor in Monterrey, an industrial cen... |
Italcementi acquires full control Zuari Cement, India15 May 2006, Published under Cement NewsItalcementi Group, via Ciments Français, its sub-holding for international activities - has entered into an agreement to acquire the shareholding of Zuari Industries Limited in Zuari Cement Limited, a 50-50 Indian joint venture, for approximately EUR100m. The Italcementi Group entered the Indian market in January 2001 when it acquired 50% of Zuari Cement which operates a 2 Mt/yr plant in the southern part of the state of Andhra Pradesh in Southern India. In early 2002, Zuari Cement acq... |
China’s Conch Cement nears acquisition, China15 May 2006, Published under Cement NewsChina’s biggest cement maker Anhui Conch Cement Co is to acquire a smaller peer, people close to the deal said. The company, together with IFC, an arm of the World Bank Group, plans to take over Auhui Chaodong Cement Co. Chaodong Cement is based in the central Chinese province of Auhui just like the bidder Conch Cement. They are both controlled by the local government. The former has always suffered the fierce competition brought by the larger Conch Cement. IFC, together with a u... |
Taiwan’s Cement makers to see growth in gross profit margins15 May 2006, Published under Cement NewsTaiwan’s leading cement producers, including Taiwan Cement Corp. and Asia Cement Corp., are expected to see their gross operating margins increase by two percentage points in tandem with a 5% hike in export prices in 2007. An institutional investor predicted Taiwan Cement would be able to annually score more than NT$200m (US$6.25m) in additional profits from the rise in export prices in the next few years. Thanks to the rise in international cement prices, Taiwan Cement saw its gross ... |
Cement supply in region 12 stable, Philippines15 May 2006, Published under Cement NewsRegional Sales Head of Holcim Philippines Mr. Ernesto Paredes said that they will not implement price increase despite the temporary shortage of cement in the region. The reason for the temporary shortage is the delay of the arrivals of shipment of raw materials needed in the production caused by strong waves encountered by the vessel along South China Sea-Celebes Sea route. The main reason in sourcing out cement supply as far as from Holcim-Iligan Plant rather than in Davao Plant is the c... |
Pivdentsement increases production 20.5%, Ukraine15 May 2006, Published under Cement NewsIn April 2006, the Pivdentsement company (Olshanske, Mykolaiv region) increased cement production by 20.5% or 14,300 tons compared with April 2005, to 83,900t. Clinker production rose by 4.5% or 1,900t, compared to April 2005. A month earlier, Pivdentsement increased cement production by 44.4% or 12,400 tons compared with March 2005, to 40,300 tons. |
Barak Valley Cements plans IPO15 May 2006, Published under Cement NewsValley Cements Ltd (BVCL), a North-East based cement company, is looking to raise Rs 40-50 crore from its IPO to fund a slew of expansion initiatives. The company, promoted by three North-East based entrepreneurs, plans to raise current capacity of cement production from 460tpd to 600tpd. It is also in the process of putting up a biomass-based power station of 6 MW capacity close to the plant site. | BVCL, which manufactures ordinary Portland cement and Pozzolona Portland cement, is plann... |
Fight promised to keep Westport cement works, New Zealand15 May 2006, Published under Cement NewsThe Buller district has vowed to fight to keep one of its biggest employers, the Holcim Cement works, in Westport. The company is deciding whether to retain its 50-year-old Westport site, where it employs 130 people, or move to Oamaru. Holcim is seeking resource consent to build a new cement plant in the North Otago town, but Westport Mayor Martin Sawyers says that does not mean a final decision has been made. He says the council and the West Coast Development Trust will do all it can to ... |
Cement supply to improve soon, Pakistan15 May 2006, Published under Cement NewsThe completion of capacity expansion in the local cement industry in the next couple of months is likely to considerably ease the supply situation even for high demand periods, industry analysts believe. Information available with this reporter suggests that in the period between the months May and July, Bestway Cement would enhance its existing plants’ capacity by 8,000 tons per annum. In the same period a new plant of this company with a capacity of 189,000 tons per annum would be startin... |
Cement investigations extended, Jamaica15 May 2006, Published under Cement NewsA two-week extension has been granted to the special team appointed to spearhead investigations into the circumstances surrounding the withdrawal of locally produced cement from the market. The team, announced by minister of industry, commerce, science and technology Phillip Paulwell on the March 27, should have handed in its report to permanent secretary in the ministry, Dr Jean Dixon on May 5. The ministry said the report is now expected to be handed in on May 19. |