Cement News tagged under: international
Climbing production costs in Thailand02 May 2006, Published under Cement NewsIncreasing costs of production are beginning to bite into the operations of manufacturers of consumer goods. For many, retail prices are becoming their biggest concern. Siam Cement Plc, the country’s leading cement manufacturer, yesterday announced its first increase in cement prices for two years, saying its production costs have risen by 50 per cent since 2004. Siam Cement’s president Kan Trakulhoon said the group had been affected by increasing energy costs, but it stayed its price in... |
Production of cement in Russia up in 1Q200602 May 2006, Published under Cement NewsFor the first quarter of 2006 production of cement in Russia grew 4.6 per cent, outstripping growth rates in the same period 2005 by 1.6 per cent. In total, over the January-March 2006 period 8.1Mt of cement was made. Construction Works in the first three months of 2006 went up 1.5 per cent, in January-March 2006 organizations of all forms of ownership constructed 6.3m sq m of residential housing, 5.5 per cent down versus the same period 2005. In 2006 Russian producers expect to manufact... |
Eastern Cement launches new clinker line02 May 2006, Published under Cement NewsEastern Province Gov. Prince Muhammad ibn Fahd yesterday launched the third clinker production line at Eastern Cement Company, increasing the company’s annual capacity to 3.3Mt of clinker. The governor also opened the company’s tower building on King Fahd Road. Prince Turki ibn Muhammad, chairman of Eastern Cement, thanked the governor for inaugurating the company’s new projects. "Our modernization programs have helped in cutting production cost and increasing output," the chairman said. |
Plan to stop gas supply to power, cement units02 May 2006, Published under Cement NewsThe Pakistani government has decided not to provide gas to the cement sector in future and divert additional gas supplies away from Wapda, KESC and independent power producers (IPPs) after 2011, owing to gas shortfalls. This is part of the new fuel policy approved by Prime Minister Shaukat Aziz a few days ago. The policy will be formally announced soon to enable investors to make their plans accordingly, a senior official of the petroleum ministry told Dawn. As a result, the government will... |
Jebel Ali Cement upgrades capacity02 May 2006, Published under Cement NewsThe JAC’s Board of Directors announced the appointment of Sharaf, who is also the Managing Director of Sharaf Industries, the industrial management arm of Sharaf Group. Sharaf takes over as CEO at a time when JAC has embarked on a major expansion plan. The plant recently completed the construction of an 880,000 tonne per year-capacity production unit in the strategic Jebel Ali Industrial Area and has already confirmed the phase 2 of the expansion to increase the capacity by another one milli... |
Lafarge record first quarter sales02 May 2006, Published under Cement NewsSales were up 28.1 per cent to €3772m as at March 31, 2006. This compares to a weak first quarter in 2005. Volume trends were favorable, reflecting overall good weather conditions and growth in those businesses and markets where the Group is present. Significant price increases were successfully implemented in an environment of high energy and transportation costs. The net scope effect was +2.2 per cent. Foreign exchange variations positively impacted sales by 6.7 per cent. Bruno Lafont,... |
Mexico’s Cemex eyes China, India, Brazil, Russia28 April 2006, Published under Cement NewsCemex has reportedly set its sights set on new business in four of the world’s largest nations – China, India, Russia and Brazil. Chairman Lorenzo Zambrano told a news conference on Thursday that because of their size the nations have enormous future potential, but for the moment Cemex does not have anything firm in mind. "In the countries which investors collectively called BRIC – Brazil, Russia, India and China – we have no presence, so that is an opportunity for us in the future,"... |
Grasim rules out cement price rise28 April 2006, Published under Cement NewsGrasim said that cement prices will no longer ride north but stabilise at the present levels. “Going forward, I see the cement prices remaining at the present levels. Whatever hike in prices had to happen has already happened,” D.D. Rathi, CFO of Grasim, said. Grasim, the flagship company of the Aditya Birla Group, also expects a hike in demand this fiscal. “We expect 8 to 10 per cent growth in demand this fiscal,” Rathi said. Grasim’s observations fly in the face of what most analysts say... |
Gresik net profit forecasts, Indonesia28 April 2006, Published under Cement NewsIndonesia’s PT Semen Gresik expects 2006 net profit to increase by up to 20% on year because of higher sales, its president said Friday. "The increase in net profit would be supported by stronger sales and efficiency in our operations," Gresik’s President Dwi Sutjipto said. He said the company’s sales this year are expected to grow by up to 7%. In 2005, net profit at the nation’s largest cement maker by output rose 80% on year to IDR936bn, thanks to an increase in revenue from higher ceme... |
Ultratech investment plans28 April 2006, Published under Cement NewsIndia’s largest cement maker Grasim Industries, along with its subsidiary UltraTech Cement, is planning to invest around Rs 6,000 crore to increase the total cement capacity of the company to 40Mt by ’08. Currently, Grasim, along with UltraTech, has a cement capacity of 31Mt. Grasim Industries alone is investing Rs 2,475 crore to set up a greenfield cement plant at Kotputli in Rajasthan with a split grinding unit of a total capacity of 4m tonne per annum. Grasim is also expanding its capac... |