Cement News tagged under: international
Construction of cement factory begins14 March 2006, Published under Cement NewsThe Vietnam Cement Corporation has started the construction of Cam Ranh Cement Factory at Cam Ranh Commune in central Khanh Hoa Province last week. The VND451 billion factory, to be completed in 2008, will supply cement to markets in southern and central provinces as well as Tay Nguyen (Central Highlands) provinces. |
More on Arabian Cement, Egypt14 March 2006, Published under Cement NewsWith contracts between FLSmidth and newcomer Arabian Cement, Egypt in place, work is about to commence on a US$60m contract that will see the first clinker being produced in just 23 months, possibly less, said a spokesman. This new greenfield plant located close to the main Cairo to Suez road will initially comprise one 6000tpd clinker line only. Engineering of this new line will be supervised by a team from FLSmidth and a recently formed local Egyptian group which includes ex-ASEC personnel... |
Saudi Cement Factory in Yemen14 March 2006, Published under Cement NewsSaudi investor Hussein Attas has announced the completion of registering a cement factory in Yemen with a cost of US$533 million, and a production capacity of 3Mta. He said that there would be an announcement in the next few days on an international bid for the factory, and the start of a geological and technical study. The factory near Aden will be built to latest technical standards. |
FLSmidth wins Egyptian plant order13 March 2006, Published under Cement NewsDanish engineering group FLSmidth said on Friday it had won a contract worth about Euro 60m with Arabian Cement Company for an Egyptian cement clinker production line. The plant, a 6000tpd facility, will be built near the city of Suez and is expected to be operational in the spring of 2008. The buyer is a Spanish-Egyptian joint venture company set up for production of cement clinker for export, primarily to Cementos La Union, the Spanish partner’s clinker grinding plants in Spain, FLS... |
Kazakhstan’s Yuzhpolimetall to build cement plant13 March 2006, Published under Cement NewsKazakhstan’s Yuzhpolimetall Industrial Corporation plans to build a US$50m cement plant with annual production capacity of at least 600,000t in the southern city of Kentau, company president Tursunbek Asanbayev told Interfax. The project will be financed with bank loans. Yuzhpolimetall is now negotiating with the Development Bank of Kazakhstan and China’s Development Bank. Chinese company Sinoma might act as a partner in the project, Asanbayev said. He said it would take 28 months to... |
Competition violators warned in Russia13 March 2006, Published under Cement NewsThe chief of Russia’s anti-monopoly watchdog vowed Friday to step up competition protection and accused those who had violated Russia’s anti-monopoly legislation of fuelling spiraling levels of inflation. Such businessnes generate about 30 per cent of Russia’s inflation, Federal Anti-Monopoly Service chief Igor Artemyev said at a breakfast organized by the Russian Managers Association. Artemyev pledged to step up his fight against companies that engage in monopolistic practices, as well... |
China Resources Cement in capacity push13 March 2006, Published under Cement NewsChina Resources (CR) Cement, a unit of state-controlled conglomerate China Resources (Holdings), plans to invest HK$1.8bn to boost capacity over the next three years, despite profits plunging 85 per cent last year amid high costs. CR Cement said Friday net profit dropped to HK$125.3m last year from a restated HK$82.4m in 2004, mainly because of higher production costs and lower selling prices. It didn’t propose any dividend for last year, breaking a promise in its 2003 initial public... |
Uzbekistan expands exports13 March 2006, Published under Cement NewsUzqurilishmateriallari (Uzbek Construction Materials) increased production by 54.1 per cent in 2000-2005. Uzqurilishmateriallari said production of cement increased to 5.01Mt (155.5%) and export rose from US$12.75m to US$33.5m (263%). Uzqurilishmateriallari joint stock company was founded in 1997 and it united majority of enterprises of construction industry, including companies of cement industry, construction materials, non-order materials and others. In 2005, the company was re-orga... |
Turkey’s Cimsa sets up unit in Romania13 March 2006, Published under Cement NewsTurkish cement maker Cimsa said on Friday it has recently set up a unit in Constanta, southeastern Romania, via which it plans to back its investment plans in the country. "It [Romania] is an attractive country for us considering the EU perspective. We established a company named CIMSAROM Marketing Distributie SRL in Constanta in order to invest in Romania. We are currently working on different investment plans but no major investment should be expected in the coming days," Cimsa’s assi... |
Bamburi invests in plant upgrade13 March 2006, Published under Cement NewsBamburi Cement has announced a Sh30m infrastructure upgrade at its Athi River cement plant also known as Nairobi Grinding Plant (NGP). The project, covering 7000 feet of concrete pavement as a parking yard complete with lights, aims at decongesting traffic caused by cement trucks. Bamburi Cement managing director, Michel Puchercos, on Thursday said poor infrastructure had led to delays in the delivery of cement from the plant. "Most trucks spend weeks to load cement and are parked ... |