Cement News tagged under: international
LSR Group to build St Petersburg plant30 March 2006, Published under Cement NewsRussia,s St. Petersburg-based construction company LSR Group plans to build a cement plant worth about Euro 200m in Russia’s Leningrad Region, the press service of Ilya Klebanov, the Russian president,s envoy for the Northwest Federal District, said Wednesday. The annual production capacity of the plant is expected to amount to 2mta In May 2005, the group said that it planned to build a cement plant worth between US$100m and US$150m in Russia’s Leningrad Region jointly with one of the wor... |
Gulf Cement Company looks for sizeable expansion30 March 2006, Published under Cement NewsThe Ras Al Khaimah based Gulf Cement Company (GCC) has registered a profit of AED 502.49 million during the year 2005, up from AED 186.74 million in 2004. Speaking at the annual general meeting of the company held at Hotel Hilton here today, Sheikh Omar bin Saqr Al Qasimi, Chairman of GCC, said that the company will be rolling out an ambitious expansion plan that would double the company’s total capacity from the present 2.5Mta to 5Mta soon. He said that the construction of the new product... |
Investment in cement-making to be welcomed, Pakistan29 March 2006, Published under Cement NewsThe government will welcome fresh investment in cement manufacturing as there is a bullish trend in Pakistan’s cement industry, said Minster for Industries, Production and Special Initiatives Jahangir Khan Tareen. The government’s decision to launch mega projects, like dams, and the massive construction work that is going on in the country, especilally after the October 8 earthquake, have contributed to raising demand for cement. Reconstruction in Afghanistan has also contributed to increas... |
Cement industry sees end of crisis, Germany29 March 2006, Published under Cement NewsThe rebound in the construction industry is leading the German cement industry to predict its crisis is almost over, writes Handelsblatt, citing an internal trade group document. The BDZ trade group says that more demand is visible in all construction segments, prompting the cement industry to expect a rise of 1%-2% in the consumption of cement this year. |
New tender for cement mill, Kenya29 March 2006, Published under Cement NewsEast African Portland Cement Company has re-advertised the tender for a new cement mill that was cancelled by government in January citing "serious flaws" in the procurement process. The tender for design, supply and installation of a new 80tph cement milling facility at its Athi River plant closes on April 26, 2006. In an interview, managing director Zakayo ole Mapelu said the cancellation of the tender means the project would fall two months behind schedule. The Government’s action ... |
Italcementi to invest EUR20m research centre, Italy29 March 2006, Published under Cement NewsItalian cement group Italcementi will invest some EUR 20m (US$24.1m) in the construction of a new research centre. The group will invest in a research and innovation centre to support its economic growth, Italcementi’s chief executive officer, Carlo Pesenti, said. The project will also support the cultural and social development of the group, Pesenti added. Italcementi plans to invest EUR10m (US$12.1m) in its two plants in Bulgaria in the next five years to expand its production range of d... |
Polysius acquires Maerz, Switzerland29 March 2006, Published under Cement NewsPolysius has acquired Zurich-based Maerz Ofenbau AG of Switzerland strengthening the German supplier’s lime business. Founded in 1950, Maerz Ofenbau is a leader of shaft lime kilns of which it has so far built over 450. A workforce of 43 generated sales of EUR 28min 2005. Since 2001, Polysius has pursued a strategy of developing and marketing lime production technologies. The acquisition of Maerz Ofenbau is an ideal strategic addition to its portfolio, say Polysius, enabling it to act as ... |
Union rep says strike would be last resort in negotiations with Nevada Cement29 March 2006, Published under Cement NewsNevada Cement is negotiating with union representatives concerning two contract issues—health care premiums and the company’s pension plan—and if those negotiations don’t yield an agreement, union representatives will discuss with Cement Company union employees the possibility of striking. About 89 employees are represented by either Laborers International Union of North America Local 169 or Teamsters Union Local 533; and last Friday, both unions took a vote on Nevada Cement’s contract, whi... |
Cimpor to sell Nova Cimangola stake28 March 2006, Published under Cement NewsCimentos de Portugal SGPS announced that it agreed to sell its stake in Angolan cement maker Nova Cimangola SA to the Angolan government or Angolan investors designated by the government, as a way of settling its dispute with the country’s authorities. The company and the government have agreed a period of 180 days for negotiations. During that period, all the legal procedures taken by the parties will be suspended. Cimpor believes that, by this means of negotiation, it will be possible to ... |
Holcim Indonesia to build new cement plant in Tuban28 March 2006, Published under Cement NewsHolcim Indonesia Tbk, formerly PT Semen Cibinong, plans to set up a new plant in Tuban, East Java, with an investment of about US$300m, the company’s president director, Tim Mackay, said here on Monday. "At present a feasibility study of the project is still being carried out but it is hoped the project could be realized soon," he said. The fund for the investment is expected to come from internal cash supply, but as it would not be sufficient, the shortage would have to be sought from lo... |