Cement News tagged under: international
Vietnam cement outlook in 200623 December 2005, Published under Cement NewsVietnam cement outlook in 2006 Vietnam ’s demand for steel and cement is expected to increase next year. To meet a projected rise of 13.7 percent in steel demand, the country will import some 3.8 million tons of steel billets and finished steel, and 5-5.5 million tons of clinker for cement production in 2006, according to government data. |
Asia Cement expanding operations in China23 December 2005, Published under Cement NewsAsia Cement expanding operations in China One of Taiwan’s leading cement producers is further expanding its operations in mainland China with a plan to invest more than US$200m to build two cement plants in Sichuan Province, each of which is expected to make 1.5Mt of cement per year. Ground has already been broken for one of the two projected plants. In the first stage, Asia Cement plans to fund the project with US$60m supplied by its company in Sichuan, and will later apply for... |
China’s energy outlook23 December 2005, Published under Cement NewsChina’s energy outlook The tight supply of coal, oil and other energy products in China will ease somewhat in 2006, according to a report titled 2006 China and World Economy Development Report released by China ’s State Information Center . The report also forecasts that due to slower growth of fixed asset investment, the performance of industries dependent on capital investment such as iron and steel, engineering machinery, cement and glass industries is unlikely to see a turnarou... |
HeidelbergCement builds up Ukraine base22 December 2005, Published under Cement NewsHeidelbergCement aims to firmly establish itself as the leading cement producer in the Ukraine by agreeing to acquire Dontsement from a group of, mainly US, investors, subject to approval by the local competition authorities. Originally a six kiln wet process plant, the Dontsement works is located at Amvrosijevka in the eastern part of the Ukraine . The plant had been idle for a number of years and was restarted only in 2003, following the injection of fresh capital, and now has an effectiv... |
Competition board approves sales22 December 2005, Published under Cement NewsThe Turkish competition board announced its decision on cement plants, which were previously owned by Uzan Group and offered for sale by the Saving Deposit Insurance Fund (SDIF). Considering antitrust regulations, the competition board approved sale of six plants to best bidders, while approving sales of two plants to second best bidders and annulling the sale of one plant. The board did not approve sale of Gaziantep cement plant neither to best bidder Sanko Pazarlama and nor to second best b... |
Indonesia will need more capacity22 December 2005, Published under Cement NewsIndonesia will need additional cement capacity by 2008 when demand is predicted to begin to exceed supplying capacity of existing plants. Construction of new cement factories, therefore, needs to start in 2006 as it will take about two years to build a cement factory, President of state-owned cement company PT Semen Gresik Dwi Sutjipto said. Based on data at the Indonesian Cement Association (ASI), demand for cement from domestic and export markets have continued to increase. In 2003, cem... |
Cementir completes purchase of Edirne facilities22 December 2005, Published under Cement NewsItalian cement firm Cementir has won approval from Turkey’s antitrust authority for its acquisition of firm Edirne in a US$166.5m deal, it said in a statement on Wednesday. Cementir already controls Turkish cement firm Cimentas, and said the acquisition would boost Cimentas’ capacity to 4Mta. Several Italian cement firms have moved into booming construction markets such as Egypt and Turkey, escaping sluggish growth in Western Europe . However, Italy ’s biggest cement group Italcementi , w... |
Oman ’s cement production capacity increases22 December 2005, Published under Cement NewsSayyid Ali bin Saif al-Said, secretary-general at Office of the Minister of the Diwan of Royal Court on Wednesday opened the third production line of Raysut cement factory established at a cost of Ro. 20 million. Mohammed bin Ahmed al-Dheeb, chief executive officer of Raysut Cement Company said the capacity of the new line is 1.25Mta. He added in a statement to Oman News Agency (ONA) that the project was implemented in 18 months. He said the company expects a 10% growth in domestic demand for... |
Wintgens has left the building21 December 2005, Published under Cement NewsRandolph Wintgens has decided to retire from Cemex. He joined Cemex in April 1993 as a Cemex Director in Hong Kong, being the first person from Cemex coming to this part of the world. Since then he has been working in many Asian Countries (Singapore, Indonesia, Japan, Bangladesh, etc) always showing his total commitment, loyalty and drive to make Cemex bigger and better. Writing on behalf of Cemex, José Luis Saenz De Miera, Cemex’ Asian President notes that during these years of service, ... |
Indonesian Government will not sell Gresik21 December 2005, Published under Cement NewsThe Indonesian government has decided not to sell its 51 per cent stake in PT Semen Gresik Tbk, State Enterprises Minister Sugiharto said in a dialogue with the company’s workers’ union in Surabaya on Monday. He said the privatisation plan was not included in the national budget for 2006. "PT Semen Gresik workers’ union should not worry and hesitate to maximise their performance for the years to come because the government has decided not to continue with its plan to s... |