Cement News tagged under: international
Vietnam: CPI forecast to rise in Q1/200626 December 2005, Published under Cement NewsVietnam: CPI forecast to rise in Q1/2006 Vietnam’s consumer price index (CPI) is estimated to surge three per cent in the first quarter of next year, a fall of 0.7 per cent on-year, the market management group forecasts. The group said that domestic prices would be affected by the high material prices in the world market, which would be maintained at high levels in the first months of 2006. The international prices of crude oil would be fluctuated at around $60 per barrel, urea ... |
Real estate boosts Indian cement sector26 December 2005, Published under Cement NewsReal estate boosts Indian cement sector The ongoing real estate boom backed by soft retail loans and increased infrastructure spending has strengthened the cement sector to new heights and riding on this Associated Cement Companies (ACC) has positioned itself well on the bourses. The scrip is consistently outperforming the benchmark index and within the period of one year has given the return of 70 per cent against the Sensex return of 44 per cent. ACC is mainly engaged in the busine... |
Hurricane price warning26 December 2005, Published under Cement NewsHurricane price warning The hurricanes that battered the Gulf Coast and Florida this year devastated communities and left tens of thousands of people homeless. Now consumers everywhere are likely to feel the impact of the storms in the form of rising prices for construction and building materials.Many of those materials already were going up in price, but within six months, prices might be much worse. Tack US$7000 onto the cost of building a typical house in 2006, says Michael C... |
Birla’s Durgapur unit begins production26 December 2005, Published under Cement NewsBirla’s Durgapur unit begins production The Durgapur Cement Works of Birla Corporation Ltd, the flagship company of MP Birla Group, has begun commercial production. According to a press release issued by the company, with this development the combined capacity of the two units taken together will now be 1.6Mta. The company also claimed that it is now the largest cement manufacturer in West Bengal. In 2004-05, Durgapur Cement Works had registered a capacity utilisation of 114 per cen... |
Cimsa starts clinker production at Kayresi plant26 December 2005, Published under Cement NewsCimsa starts clinker production at Kayresi plant Turkish Cement company Cimsa Cimento Sanayi announced that the new kiln in Kayseri grinding facility become operational as of Dec 22 and clinker production started. Cimsa added a kiln line to the plant located in the city of Kayseri thayt had previously operated as a grinding/packaging facility. |
Taiwan Cement predicts higher gross profits26 December 2005, Published under Cement NewsTaiwan Cement predicts higher gross profits Taiwan Cement predicted its gross profits in the final quarter of this year would grow by 12 per cent, posting the highest level in a decade thanks to the increasing shipment monthly in domestic market. In addition, prices for export cement and clinker increased. Institutional investors predicted the profits per share would be over NT$2 this year, similar to Asia Cement with total profits predicted to reach over NT$6 billion. |
Cement production rises in Vietnam26 December 2005, Published under Cement NewsCement production rises in Vietnam Vietnam estimates that its industrial production rose 19.4 per cent year on year in December on strong demand for processed seafood products, steel and cement, according to data published Monday by the General Statistics Office. Cement production was noted at 27.868Mt up 11.9 per cent. |
Maharashtra cement plant planned26 December 2005, Published under Cement NewsMaharashtra cement plant planned Murli Agro Products Ltd of the Maloo Group has planned investments of Rs900 crore in the Vidarbha region of Maharashtra, India in the next three years. The investments would go towards setting up a 2Mta greenfield cement plant along with a 30mW captive power plant in Chandrapur district. The company has recently signed a memorandum of understanding for the project with the Government of Maharashtra. The first phase of the project is slated for complet... |
Outlook for Thailand’s cement industry23 December 2005, Published under Cement NewsOutlook for Thailand’s cement industry The Thai cement industry has exhibited decelerating growth in 2005. Even though demand for cement at home had expanded vigorously during the first half of the year, it slowed steadily during the latter half. This slowdown came mainly from sagging demand as a result of decreases in public works projects in Q3/2005 from that seen in the same period of last year. Worse still, private construction has also seen deceleration in line with the slowing ... |
Argentina Loma Negra sale finalises23 December 2005, Published under Cement NewsArgentina Loma Negra sale finalises The sale of Argentina ’s cement maker Loma Negra to Brazil ’s Camargo Correa for US$1.025bn has finalised. The purchase contract to acquire Holdtotal SA shares was signed in New York . Holdtotal S.A. is the holding that controls Loma Negra, Cemento Portland and Cocif. Until the deal is approved by Argentina ’s National Commission for the Defense of Competition, both parts agreed a joint administration of the business. Of the US$1.025bn, US$4... |