Cement News tagged under: international
Podilskyi Tsement to switch to dry21 March 2006, Published under Cement NewsThe Podilskyi Tsement cement company, which is one of the three largest producers of cement in Ukraine, intends to shift to the dry method of cement production. According to Ukrtsement’s Chairman Anatolii Havriushyn, the first stage of modernization of Podilskyi Tsement is installation of equipment fired by coal fuel, including mills, while the second stage involves replacement of the two exiting furnaces with one. He also said that Podilskyi Tsement would make the shift to the dry method o... |
Zhigulevskiye Stroymaterialy reaches 50Mt of clinker21 March 2006, Published under Cement NewsZhigulevskiye Stroymaterialy JSC (Samara region) has produced 50Mt of clinker and 65Mt of cement. Design capacity of the company is 1.9Mt of cement per year. In 2005 the company produced 880,000t of cement (a seven per cent rise against 2004). In 2005-2007 RUR400mln will be allocated to implement the upgrade program; in 2006 RUR150m will be invested in upgrade of production, Eurocement Group’s press service reported to SKRIN. |
Southern cement company signs21 March 2006, Published under Cement NewsA cement joint-stock company in the southern Tay Ninh Province, Vietnam, has signed a US$93m deal to equip its factory with technology from China’s Tianjin Cement Industry Design and Research Institute. The Chinese Institute is the contractor for engineering, procurement and construction to design, install, and conduct trial runs of the cement manufacturing line in the Tay Ninh Cement Factory. The facility is to have a designed capacity of 4000t of clinker per day and 150t of cement per hour... |
Work starts on central Vietnam cement plant21 March 2006, Published under Cement NewsConstruction on a cement plant, with a phase 1 capacity of 1.4Mta, kicked off Monday in Phong Dien of central Thua Thien - Hue province. The Dong Lam cement plant is to be built on an area of 55 hectares, 3 km from the national roadway No.1 The VND2.2 trillion (US$164.383m) project, equipped with dry kiln technology is to come on-line in three years creating jobs for some 500 local labourers. With most of the capital credited from other international bankers, the shareholders will contribute... |
Orascom to confirm Indonesian plant?20 March 2006, Published under Cement NewsEgypt’s Orascom plans to build a cement factory in the regency of Purwodadi, Central Java, this year. The Egyptian conglomerate also planned to invest in infrastructure projects such as in a toll road project in Central Java, Central Java Vice Governor Ali Mufiz said last weekend. He gave no more details about the planned investment, beyond saying that the factory will be able to meet cement requirements in that province. He said the company had asked for a license, but no agreement had ... |
Fujairah cement plant20 March 2006, Published under Cement NewsThe Emirates Cement Factory has confirmed it will be building a US$475m cement plant in Fujairah, to be partly financed by a US$235m initial public offering, reported Gulf News. Construction of the plant is to start shortly. Emirates Cement is owned by Abu Dhabi Government. |
Govt keeping close watch on cement price rise20 March 2006, Published under Cement NewsThe Indian government yesterday said it would look into reasons for recent abnormal rise in cement price and would not hesitate to intervene to bring down price level. "We are concerned at the price rise," Urban Development Minister Ajay Maken said inaugurating an exhibition organised jointly by FICCI and Builders’ Association of India (BAI). He, however, clarified that Government does not want to interfere in market price mechanism, but would chip in for correction if price goes beyond the... |
Establishment of new plant in northern Saudi province20 March 2006, Published under Cement NewsThe Saudi minister of commerce and industry has approved the establishment of the cement company in the Northern region as a Saudi stock company with a capital of SR1.2 billion. According to the Saudi Press Agency. The period of the company is 99 years effective from the date of the decision of the minister of commerce and industry to announce the establishment of the company. The company will be managed by a 7-memeber board of directors to be appointed by the company’s general assembly for ... |
New Philippino capacity needed20 March 2006, Published under Cement NewsA group of Philippine developers and contractors are pushing for the entry of more cement factories in a bid to bring down prices. Pedro C. Tario, president of the Chamber of Real Estate Builders Associations, said his group was in favour of enticing new players in the cement industry by including it in the list of preferred sectors qualified for incentives under the government’s Investments Priorities Plan. "We are hopeful that such a move would result in more stable prices of cement in ... |
Cimpor improves FY net profit, Portugal17 March 2006, Published under Cement NewsCimpor said it managed to improve full year net profit by 3.9 per cent to EUR266.2m from EUR256.1m despite ’a number of adverse factors’. These included the on-going decline of cement prices in the Brazilian market, the continuing climate of recession which has been characterising the Portuguese market and the substantial rise in energy costs, the company said. Sales grew 12.4 per cent to EUR1.535bn from EUR1.366bn and EBIT expanded 9.9 per cent to EUR355.4m from EUR323.4m, with EB... |