Cement News tagged under: international
Tonasa to build new production unit06 February 2006, Published under Cement NewsIndonesian cement producer PT Semen Tonasa plans to build a new production unit with a production capacity of 2.5Mta to cost up to Rp3 trillion (US$319.1m). President of the subsidiary of state-owned PT Semen Gresik Syattar Taha said the country needs new cement factories to prevent shortage in cement supply in the coming few years. Based on an estimate that domestic consumption grow by eight per cent annually, supply will start to fall short of requirement in 2008, Taha was quoted by the ... |
Ash Grove cements deal to increase regional supply06 February 2006, Published under Cement NewsAsh Grove Cement has acquired a new import terminal facility from Goldendale Aluminum in Portland — a move, Ash Grove said, that will allow the company to increase its annual supply to the region by up to 800,000t of Portland cement. Ash Grove is the only one of Portland’s four cement suppliers that does not currently import offshore cement to the Northwest. Ash Grove has instead supplied Oregon and Idaho from its Durkee manufacturing plant in Eastern Oregon. The Goldendale facility, sched... |
Eurocement to invest US$300m in new plant03 February 2006, Published under Cement NewsEurocement Group has announced an intention to build a new plant worth US$300m in the Ryazan Region. Experts presumed that the company has decided to strengthen its positions in the Volga region capitalising on the present rather disjointed status of competitor plants in this region. Eurocement’s, Filaret Galchev and President of Eurocement Mikhail Skorokhod, held negotiations with Governor of the Ryazan Region Grigory Shpak with a company spokesman saying: "Negotiations have been successfu... |
Italcementi FY sales to rise on improved H203 February 2006, Published under Cement NewsItalcementi SpA’s full year sales, due out today, are expected to rise because of the impact of stronger Italian operations and of international expansion, analysts said. Sales are seen at Euro 4.777-4.968bn, against 2004’s Euro 4.528bn, analysts said. One said the consensus is Euro 4.943bn. This range implies fourth quarter sales of Euro 1.056-1.247bn. ’Italy has recovered very well in the second half and the positive trend is continuing. Prices are going up, and have returned to the level... |
Gujarat Ambuja group to increase capacity03 February 2006, Published under Cement NewsThe Gujarat Ambuja group is set to increase its combined annual cement production by 5Mt to 40Mt in three years. The group comprises Gujarat Ambuja Cements Ltd (GACL), Associated Cement Companies (ACC) and Gujarat Ambuja Eastern Ltd (ACEL). Unveiling growth plans, Anil Singhvi, newly appointed managing director of Gujarat Ambuja Cements, today told Business Standard that the proposed capacity increase would not require much capital expenditure as it would be done through "cost-effective and... |
Maihar Cement to invest in new power plant03 February 2006, Published under Cement NewsBK Birla-promoted Maihar Cement Ltd, a division of Century Textiles and Industries Ltd, has chalked out a plan to invest Rs 120 crore to enhance its cement production capacity of its Satna units by setting up a coal-based thermal power plant. The company has been given state government clearance on tax concessions, etc. in accordance with the industry policy. The company has two units of cement in Satna with a 1Mta capacity each. The company will set up a 15mW power plant to meet the power ... |
Truckload of worries for cement industry in Gujarat03 February 2006, Published under Cement NewsThe cement industry in Gujarat is trying to come to terms with the increase in freight charges following the Supreme Court ban on overloading as the prices in cement are ready to take a further leap. The cement charges have shot up by Rs 5-10 per bag containing 50 kgs after the ban. Although most of the cement companies are opting for rail transport, they still heavily bank on trucks due to increasing demand of cement. According to a senior executive of Gujarat Ambuja Cement Ltd, "We produ... |
Security operatives Shut Ibeto Cement again03 February 2006, Published under Cement NewsStaff of Nigeria’s Port Harcourt, Rivers State-based Ibeto Cement Company Limited were forced out of the company’s premises by security personnel, indicating another closure of the company by the relevant authorities. Already, the personnel manager of the company, Kingsley Kalio, has been taken into police custody. He was arrested last weekend over matters concerning the company. The company was twice shut in October and December last year on the orders of the Nigeria Customs Service (NCS) ... |
South African producers and price increases02 February 2006, Published under Cement NewsClimbing cement and concrete prices are pushing up the cost of building and property ownership – but South Africa’s cement companies won’t comment on prices. According to local analysts, the price of cement has soared 10.1 per cent in recent months. With prices and volumes soaring, PPC, the only listed cement producer, last year reported a 19 per cent headline earnings increase and recently put out a trading statement projecting even higher profits this year. PPC has generated huge amounts ... |
Amidst strike, cement firms demand security02 February 2006, Published under Cement NewsTwo cement companies Andino and Ideal Dominicana today protested to the authorities, amidst a four day shutdown of their facilities by a truckers’ union drivers, guarantees "to be able to work in a climate of legal security." In an open letter to president Leonel Fernandez and Labor minister Jose Ramon Fadul, the companies stated that "we request and we expect the guarantee of the authorities to be able to work in a climate of legal security, social harmony, public order and respect to the ... |