Cement News tagged under: international
Cement sector says budget offers nothing concrete03 March 2006, Published under Cement NewsThe Indian cement industry has termed Budget 2006 as a mixed bag. The emphasis on infrastructure growth will certainly boost cement demand, said industry officials. But Budget 2006 keeps cement positioned uniquely as "the highest taxed commodity in the country", they added, tongue-in-cheek. There has been no reduction in excise duty which amounts to Rs 408 per tonne — around 30 per cent of the ex-factory price, said Mr D.D. Rathi, Group Executive President and CFO, Grasim Industries Ltd. Al... |
Bestway to revive Mustehkam Cement03 March 2006, Published under Cement NewsBestway Cement, Pakistan, has planned to start a project in Chakwal, having a capacity of 6000tpd and efforts are underway to revive Mustehkam Cement. The company said, in a notice, to the Karachi Stock Exchange (KSE). The civil work is nearing completion and most of the equipment have arrived at site. The erection of mechnical and electrical equipment has also commenced. The management anticipates that the project would be completed by end of the current fiscal year. Regarding Mustehkam Ce... |
Anti-dumping – winners and losers02 March 2006, Published under Cement NewsMexico and the US plan to ratify on March 6 an agreement to end a long-standing trade dispute over cement, a spokesman for Mexico’s Economy Ministry said Wednesday. Economy Minister Sergio Garcia de Alba will travel to Washington to sign the agreement, which was reached in January after years of talks between the countries to end the 15-year-old duties. Under the agreement, Mexican companies will be able to ship up to 3Mt of cement a year to the US for three years, with the duties reduc... |
Aditya Birla shipments up02 March 2006, Published under Cement NewsAditya Birla group, India’s top cement producer, said on Thursday its February cement shipments rose 16.1 per cent from a year ago to 2.54Mt. The group, including flagship Grasim Industries Ltd. and UltraTech Cement Company Ltd, produced 2.52Mt, up 13.3 per cent from a year ago, it said in a statement. |
Pollution eating cement – made in Italy02 March 2006, Published under Cement NewsItalcementi has produced a new type of photocatalytic cement called TX Active, which can reduce the organic and inorganic polluting elements in the air. The product is the result of ten-year long researches and experiments conducted by Italcementi’s technical centre. The cement, which will be marketed at the price of Euro 1.0 per kg, was developed on the basis of the photocatalysis process, according to which a substance, called photocatalyst, can accelerate chemical reactions thanks to the... |
Gujarat Ambuja February cement shipments02 March 2006, Published under Cement NewsGujarat Ambuja Cements Ltd, India’s third-biggest cement maker, said on Wednesday its February shipments rose 15.6 per cent from a year earlier to 1.07Mt. Production in the same period totalled 1.05Mt, up 12.3 per cent from 0.94Mt a year earlier, the company said in a statement. |
Steppe Cement awards contract02 March 2006, Published under Cement NewsSteppe Cement Ltd said its subsidiary Karcement in Kazakhstan has closed the tender process and has awarded the contract for reconstruction of the raw mills, pre-heater, kiln and cooler of line 5 to FL Smidth. The company said the contract price is within budget for the refurbishment of the line No 5. The total budget is US$73m. Steppe said line No 5 remains on schedule for re-commissioning by the end of 2007. |
CIMA mulls cement assets sale to Vicat of France01 March 2006, Published under Cement NewsState-owned Cement Industries of Malaysia, or CIMA, the country’s third largest cement producer, is reportedly considering the sale of 51 per cent of its cement assets to France’s Vicat group for at least US$160m, industry officials familiar with the proposal said. Industry officials said that Vicat was not the only bidder. YTL Cement, which has a 24 per cent market share, also put in a bid, but the industry officials said that Vicat’s offer was ’far’ better. The proposal calls for ... |
China to further reform cement industry01 March 2006, Published under Cement NewsChina will continue to adjust its cement industry’s structure to ease overcapacity and achieve industry centralization, said the National Development and Reform Commission (NDRC). The commission, the nation’s leading industrial watchdog, will speed up the elimination of cement production lines with small capacity and outdated technology, Wednesday’s China Daily reported. It will also order any new project with less than 2,000 tons of daily capacity to apply to the State Council for a... |
Indocement warns higher costs in 2006, Indonesia01 March 2006, Published under Cement NewsIndonesia’s second largest cement maker, PT Indocement Tunggal Prakarsa Tbk, expects production costs will rise this year due to high energy costs, inflation and interest rates, but it projected demand to pick up in the second half. The company , in a statement late on Tuesday, did not provide an estimate for full-year sales growth, which some analysts have projected at about 12 percent. But President Director Daniel Lavalle said an increase in fuel prices in 2005 had increased produ... |