Cement News tagged under: international
Its just not cricket27 March 2006, Published under Cement NewsThe International Cricket Council (ICC) Cricket World Cup 2007 has expressed disappointment at cement shortages across the Caribbean affecting preparation for the tournament. Don Lockerbie, venue development director for the tournament, said late on Saturday, that the Caribbean was "let down" by the cement industry and called for something to be done immediately to "rebuild the situation". "The Cricket World Cup office is very seriously monitoring the situation and we have made demands to t... |
New cement plant for Ebonyi State?27 March 2006, Published under Cement NewsThe Ibeto Group of Companies is reportedly to build a US$500m cement manufacturing industry in Ebonyi State, Nigeria. Chairman and chief executive officer of the company, Chief Cletus Ibeto, revealed this to newsmen in Abakaliki after he had taken the Minister of Industries, Chief Fidelis Tapgun, round the site for the industry . Ibeto explained that the company is expected to commence operations in 2009 with initial workforce of about 3000. He explained that he had left the Inyaba area of t... |
Cement prices shoot up27 March 2006, Published under Cement NewsThe Indian construction sector has been hit hard as the cement manufacturing companies, which appear to have formed a cartel, have increased the price of cement by Rs 100 per bag in the past few months. In the retail market, the cement is available at Rs 225-230 per bag while in bulk it is available at Rs 220 per bag. Builders, contractors and other bulk users of cement have urged the Union Government to set up a Cement Regulatory Authority to regulate price and cement trade. They have also... |
Krasnoyarsk Cement overhauls equipment27 March 2006, Published under Cement NewsAs part of the preparations for the new construction season, Krasnoyarsk Cement Ltd. conducted the overhaul of the production equipment. It finished overhaul of the fourth kiln ahead of schedule. Overhaul of the fifth kiln was conducted at the end of 2005 – the beginning of 2006. The next capital repairs are scheduled for November 2006. Siberian Cement’s representatives emphasise that the plant is planning to extend the kiln overhaul life initially to one year and by 2011 to a year and a hal... |
Cuban imports designed to force prices down24 March 2006, Published under Cement NewsVenezuela will begin to receive this week the first consignments of 500,000t of Cuban cement to help resolve the existing supply deficit in the market, local press quoted housing minister Luis Figueroa as saying. However, despite the claims by Venezuela’s President Hugo Chávez that the agreement to bring in cement from Cuba was because of shortages in the local market, domestic cement industry sources said that the real problem was the low market prices for the product. Venezuelan comp... |
PPC awards contracts for cement expansion project24 March 2006, Published under Cement NewsSouth Africa’s largest cement producer PPC has awarded four major contracts for its R1.36bn Batsweledi expansion project, which has been tweaked to produce more cement with no increase to the cost tag. PPC awarded the main cement manufacturing plant contract to FL Smidth, which supplied and installed the existing Dwaalboom cement plant in 1985; the company awarded the installation contract to FFE Minerals-Vecor and it awarded the handling supply and installation contract to Bateman Africa. ... |
Cemex hires JP Morgan to advise on Gresik sale24 March 2006, Published under Cement NewsCemex Asia Holding Ltd has named JP Morgan Securities as its financial advisor in its plan to sell its 25.53 per cent stake in state cement company PT Semen Gresik, a report said today. JP Morgan is still seeking prospective buyers of the stake, bankers told the newspaper Bisnis Indonesia. Cemex has opted to sell the stake and plans to build a new cement factory in the country ending its long dispute with the government, observers said. Cemex has also filed lawsuit against the government f... |
Eurocement group to invest in Lipetskcement24 March 2006, Published under Cement NewsEurocement group will invest RUR537m in development of Lipetskcement within two years to maintain and boost capacities, automate production, develop quarries and infrastructure of the plant to improve quality of products. As a result output of cement in 2006 will go up to 1.68Mt, in 2007 up to 1.84Mt. Over RUR20m will be allocated for environment protection - in 2006-2008. The plant will upgrade electric filters, install dust-controlling units at cement silos. Total investments in the const... |
Cemex announces construction of new cement mill in Spain23 March 2006, Published under Cement NewsCemex has announced that it will invest over Euro 47m in the construction of a new cement mill and dry mortar production plant at the Port of Cartagena, in Spain. The new facilities are expected to have a production capacity of almost 1Mta of cement and 200,000t of dry mortar per year and are part of a Cemex worldwide US$500m expansion capital program planned for 2006. The new facilities will occupy almost 45,000 square meters and will include structures for the reception of supplies, stora... |
Germany’s HeidelbergCement eyes more India buyouts23 March 2006, Published under Cement NewsHeidelbergCement is in talks with cement makers in south and central India for buyouts and joint ventures at valuations of between US$80 and US$120 per tonne of capacity, a senior official said on Thursday. The world’s fourth-largest cement maker announced on Wednesday a joint venture with India’s Indorama Cement Ltd. to set up a grinding plant in the western state of Maharashtra. HeidelbergCement aims to produce 5-10Mt in India over the next three years, managing board member Daniel Ga... |