Cement News tagged under: international
Mexican cement production increases28 December 2005, Published under Cement NewsCement production in Mexico rose by 3.35 per cent in the first 10 months of this year, according to preliminary figures released by the national cement chamber (Canacem). Production in the country, covered by the companies Cemex, Holcim Apasco, Cooperativa Cruz Azul, Corporación Moctezuma, Grupo Cementos de Chihuahua and Lafarge reached a total 28.6Mt in January-October, up 3.35 per cent year-on-year. The increase in production over the course of the year has been stimulated largely by great... |
UAE cement demand improves28 December 2005, Published under Cement NewsCement demand in the UAE reached 12Mt in 2005, which is a 15 per cent year-on-year increase, according to the latest report of the UAE Ministry of Finance and Industry, it was reported on December 26, 2005. The country imported some 2.0Mt of cement plus some unspecified volumes of clinker, while the output of the UAE cement plants stood at some 10.5Mt. For details of the upcoming Cemtech Conference and Exhibition in Dubai – see conference section. |
Narmada Cement to merge with Ultratech28 December 2005, Published under Cement NewsThe Board of UltraTech Cement Ltd (UTCL), an Aditya Birla Group company, on Monday approved the merger of its subsidiary Narmada Cement Company Ltd (NCCL) with UTCL. Ultratech Cement holds 97.80% of the paid up equity share capital of NCCL, a sick company under the provisions of the Industrial Companies (Special Provisions) Act, 1985. The merger is subject to approval of UTCL shareholders, BIFR (Board for Industrial and Financial Reconstruction) and other statutory authorities. NCCL will am... |
Birla Corporation expands Bengal cement plant28 December 2005, Published under Cement NewsWith the commencement of commercial production of its new plant, Durga Hitech Cement, at Durgapur on December 24, Birla Corporation Ltd of the M P Birla group, has become one of the largest cement manufacturers in the eastern region. The combined capacity of its two units was now at 1.6 million ton. The chairman of Birla Corporation, R S Lodha, stated that BCL was proud to be a part of the industrial resurgence of West Bengal. Durga Hitech Cement with an installed capacity of one million ... |
Open access to power distribution28 December 2005, Published under Cement NewsTo encourage captive private power generation in India, an enabling environment to the Electricity Act 2003 is being worked out to harness power from such sources. ’’The fact remains that most of the existing capacity is tied up under long-term power purchase agreements, leaving little scope of availability of firm supply for open access consumers,’’ the CERC contended. In this scenario, harnessing of surplus captive generation seems to be a plausible solution. The Act provides an enabling ... |
Co-Management will help advance socialism in Venezuela28 December 2005, Published under Cement NewsHugo Chavez, Venezuela’s president is moving his socialist agenda into a new phase by turning some expropriated companies into government-financed operations, jointly run by the state and worker cooperatives. Some business leaders fear the corporate initiative is a backdoor attempt to lead the country down the path followed by Cuba’s Fidel Castro, Mr. Chavez’s friend and mentor. Chavez also is promoting the idea to privately owned companies with promises of government loans. Under the plan, ... |
Shaanxi Province project planning28 December 2005, Published under Cement NewsChina’s Shaanxi province plans to undertake ten major projects that will require an estimated 600 billion yuan (US$74.3bn) during the eleventh five-year program period (2006-2010). Priority areas for investment include infrastructure, the building of new socialist rural areas, education, science, culture and health, and energy-efficient and environment-friendly social projects and innovative projects, according to Chen Deming, governor of Shaanxi province. Upgrading of traditional industrie... |
Vietnamese cement markets make gains28 December 2005, Published under Cement NewsDespite a stagnant real estate market, Vietnam is expected to consume 28.9Mt of cement this year, an increase of 9.5 per cent over last year’s figure, according to the Vietnam Cement Corporation (VNCC). The VNCC and other cement makers have taken steps to stabilise the local cement market despite the world price hike this year. Prices on imported clinker have increased but, cement still sells at VND7.2 million (US$45.3) and VND7.6 million per tonne in the north, and from VND8.4 million to VN... |
Ship en-route Albania saved28 December 2005, Published under Cement NewsSouth Korean registered ’DEA’ a bulk carrier loaded with cement and en-route from Greece to Albania was saved from sinking around 2 miles off the Himara shores, Albania. Official sources from Vlora harbor office told ATA newswires that the ship complete with Albanian crew and skipper had been loaded with cement at Igumenica port Greece and was on its way to Durres port." According to sources, at around 21.00 the ship suffered an engine failure and began taking on water, meanwhile its skippe... |
Foreign cement groups evaluate Russian investments26 December 2005, Published under Cement NewsForeign cement groups evaluate Russian investments Recently, foreigh investors are reported to be looking closely at the Russian construction sectors with some announcing their plans to build new cement plants in Russia and modernization of the factories belonging to them. Experts explain expansion of foreign companies by growth of the construction market, as well as by dramatic raising of cement prices and expected future deficit of cement. According to the Federal Antimonopoly ... |