Cement News tagged under: international
New plant for Yemen?09 March 2006, Published under Cement NewsAccording to Al-Riyadh newspaper (March 7, 2006), Saudi businessman Hussein al-Attas announced that he has decided to build a cement factory in Sanaa, Yemen, following an approval by the General Investment Authority. Mr. al-Attas added that he will invest US$2bn in the new plant, which will produce 3Mt annually. |
German Cement industry turnover up09 March 2006, Published under Cement NewsThe sales of German cement sector stood at Euro 1.8bn in 2005, up 5.8 per cent year-on-year, according to Andreas Kern, president of the Association of German Cement Industry. In volume terms, the sales stood at 7Mt, down 5.6 per cent compared with 2004. According to Kern, the prices in 2005, despite certain increases, remained by between Euro 5.0 and Euro 10 per tonne below the average price of Euro 70 per tonne, which is seen as a condition for the profitability of the German cement pr... |
Gov’t cuts cement import duty09 March 2006, Published under Cement NewsImporters will be allowed to bring cement into Jamaica between now and the end of August, at the reduced duty of 15 per cent, a decision made by Cabinet on Monday in response to complaints of a shortage of the product on the local market. In November 2004, the import duty on cement was increased from 15 per cent to 41 per cent to protect the local cement manufacturer, Carib Cement, which is investing billions of dollars to improve its plant. The effect of the increased duty was that the impo... |
Yanbu Cement unit hit by blaze09 March 2006, Published under Cement NewsSaudi Yanbu Cement said a fire damaged one of four production lines at its sole plant but did not affect supplies. The firm is still trying to determine the causes of the fire which erupted early yesterday at the plant located in the Yanbu industrial zone on the Red Sea, it said in a statement. Saudi newspapers Okaz and Al Riyadh said the fire damaged up to a half of the facility. Company officials declined to comment on the newspaper reports. The firm produces 4.8Mt of cement a year, most o... |
Mexico shipments to US09 March 2006, Published under Cement NewsThere was something for both sides in the cement trade agreement that U.S. and Mexican officials signed March 6. The agreement ends a 16-year dispute and lets Mexico export 3Mt annually to the US. That’s a 50 per cent jump over 2005’s level of 1.92Mt, the Commerce Dept. reports. With last year’s hurricanes in mind, the pact allows exports of up to 200,000 additional tonnes if the US determines they are needed to respond to a storm or other disaster. Mexico’s shipments will apparently be sp... |
More on Concreto09 March 2006, Published under Cement NewsLafarge India has launched its premium cement brand, Lafarge Concreto, in Orissa recently.Lafarge is currently the cement market leader in eastern India with a market share of 20 per cent followed by Grasim and Ultratech with 17 per cent. Concreto is reportedly superior quality cement which helps in building better structures that last longer, a spokesman for Lafarge said. It is an all-purpose cement that can be used for varied applications like roofing, foundations, beams, columns, plasteri... |
Indocement sees its capacity up 600,000t in 200608 March 2006, Published under Cement NewsPT Indocement Tunggal Prakarsa (part of the HeidelbergCement Group) said it may boost its cement capacity by 600,000t this year following a US£20m optimisation of its plant. It also predicted production cost per ton to rise 20-25 per cent this year due to the full effect of fuel price hikes last year. Energy prices account for 50 per cent of the company’s production costs. Indocement is Indonesia’s second-largest cement producer with an installed capacity of 16.5Mta. Last year, it sold... |
Court suspends sale of Ladik cement08 March 2006, Published under Cement NewsThe council of state, the top administrative court, in Turkey ruled for the suspension sale of Ladik cement plant to Turkerler Insaat. Akcansa gave the best bid in the tender held for the sale of the plant, however the competition board decided for the transfer of the cement plant to Turkerler, which placed the second best bid. Akcansa filed a suit against the competition board’s decision and yesterday the council of state suspended the execution of competition board’s decision. Turkerler In... |
Lafarge India launches new cement08 March 2006, Published under Cement NewsLafarge India, a part of Lafarge Group and the market leader in eastern India, has launched a premium variant called Lafarge Concreto. Concreto was developed by Lafarge’s state-of-the-art laboratories that is networked with the Central Research Institute in France. The company has leveraged its combined knowhow of 173 years and its experience across 75 countries to develop this unique product. Concreto, with its superior quality, helps in building better structures that last longer. It is ... |
Rise in cement price unfair, say builders08 March 2006, Published under Cement NewsThe apex organisation of builders in Rajasthan has expressed concern over escalation in cement prices due to alleged cartelisation of big players in the sector. The cement industry is into profiteering and it is high time the authorities resorted to application of Monopolies and Restricted Trade Practices (MRTP) Act to rein in the industry, it has said. The annual meeting of the Rajasthan unit of the Builders’ Association of India (BAI) here observed that cement prices had been showing an... |