Cement News tagged under: international
New roads for China16 January 2006, Published under Cement NewsChina will invest hundreds of billions of yuan in constructing rural roads over the next five years, aiming to provide more bitumen and cement roads for rural people. The Minister of Communications, Li Shenglin, made the announcement at a meeting Sunday in Beijing. He added that relevant bodies will give more capital support to rural construction in the future. He also noted that road construction should proceed in accordance with relevant policy and laws, and the destruction of farmland is ... |
Colombian Authorities investigate cartel13 January 2006, Published under Cement NewsAn increase of more than 50 per cent in cement prices in Colombia in recent months would appear to show that a very amicable ceasefire has been agreed to end the price war allegedly raging since last year, local press reported. The trade and industry regulator (SIC) has begun a preliminary investigation into whether an agreement has been struck between cement firms to raise prices, after they rose recently to over 12,000 pesos (US$5.30) a bag despite having spent much of 2005 hovering around... |
Keystone gets extra funding13 January 2006, Published under Cement NewsFirst commissioned in 1928, Keystone Cement Co located in Pennsylvania’s Lehigh Valley, is now pushing ahead with more investment thanks to some extra funding from the state Department of Community and Economic Development Keystone now hopes that US$7m in loans and grants released Thursday by the state Department of Community and Economic Development will boost its US$165m investment to help keep the plant competitive and put some of the old machinery to pasture. The state Department of ... |
Argentina fixes cement prices13 January 2006, Published under Cement NewsThe Argentinian government signed an agreement on January 11, 2006 with the Association of Portland cement makers in the country to retain cement prices unchanged over the next 90 days. The association said it would recommend to all its members not to change cement prices over that period. The agreement is similar to that signed by the Government with other sectors of the Argentine economy in its efforts to control inflation. The major cement makers in Argentina, namely Loma Negra, Cemen... |
US Commerce Dept cuts duties13 January 2006, Published under Cement NewsThe US Department of Commerce Thursday lowered tariffs on imports of grey portland cement and clinker by Mexico’s Cemex SA (CX) from 54.97 per cent to 42.26 per cent, slightly higher than the 40.54 per cent preliminary result released in August. "The department has found the weighted-average margin for Cemex and its affiliate GCC Cemento in this review to be 42.26 per cent," the department said in a statement. This translates into a per-unit rate of US$26.28 per metric ton. Shares of Cemex, ... |
Polish cement sales show improvements13 January 2006, Published under Cement NewsSales of cement in Poland stood at 11.3Mt in 2005, slightly up from the 2004 levels, but analysts expect a better performance in the next few years. The combined sales of cement in Poland amounted to 11Mt in 2004; 10.6Mt in 2003; 10.8Mt in 2002; 11.3Mt in 2001. The country’s cement sector is lead by foreign investors, including Lafarge, HeidelbergCement and CRH. Analysts forecast the annual cement output will grow to between 17.5Mt and 18Mt over the next five years. Annual cement consumptio... |
VNCC to inject cash into new projects13 January 2006, Published under Cement NewsThe State-owned Vietnam Cement Corporation (VNCC), the country’s largest cement producer in Vietnam, is expected to spend over VND3.8 trillion ($240.5m), a four fold year on year rise, to build new cement factories and equip with advanced technology the existing cement factories this year, reported State media. The money will be pumped into new cement factories including Tam Diep and Hai Phong cement factories and other major projects such as the But Son cement factory 2, the two new product... |
Solid cement sales in South Africa12 January 2006, Published under Cement NewsThe Cement and Concrete Institute of South Africa reports that cement sales last year increased 10 per cent over 2004. A record 12.9Mt of cement were sold in SA and its customs union partner countries — Botswana, Lesotho, Namibia and Swaziland in 2005 compared with 11.7Mt in the previous year. SA accounts for more than 90 per cent of cement sales in the Southern African Customs Union. Cement sales in SA were buoyed by the expanding building market, where strong demand for residential, ... |
Cement discussions with US ’advanced’12 January 2006, Published under Cement NewsMexican Economy Minister Sergio Garcia de Alba said Wednesday that talks with the US aimed at settling a 15-year-old dispute over cement import duties are "very advanced," and that an agreement could be announced in coming weeks. Speaking at a press conference, Garcia de Alba declined to go into any detail about the talks, which have generated optimism that Mexican cement makers could soon boost their exports to the US to help confront shortages there. Shares of Cemex reportedly rose 4.7 p... |
Russian court upholds FAS’ decision12 January 2006, Published under Cement NewsOn January 10, 2006 Moscow arbitration court fully upheld the Federal Antimonopoly Service’s decision involving Eurocement Group JSC. As was earlier reported, the Federal Antimonopoly Service brought to light that the cement company had violated the antimonopoly legislation by setting overestimated price for cement. Besides, the Federal Antimonopoly Service commissioned Eurocement Group to eliminate the violation by setting fair price for cement as well as transfer illegally gained profit of ... |