Cement News tagged under: international
Peru domestic cement sales up21 December 2005, Published under Cement NewsPeruvian domestic cement sales grew to 400,780t in November 2005, up by 14.3 per cent year-on-year, the Peruvian association of cement producers Asocem reported on December 19, 2005. Peruvian cement exports increased to 31,329t for November 2005, up 2.1 per cent year-on-year. Peruvian cumulative domestic cement sales totalled 3.92Mt for the period from January to November 2005, up 8.93 per cent year-on-year. Peruvian cumulative cement exports totalled 643,822t for the period from January... |
JK Cement plans new cement plant21 December 2005, Published under Cement NewsYadhupati Singhania, promoter of the Kanpur-based JK Cement Ltd, is planning to set up an integrated greenfield cement plant of three million tonnes per annum capacity in Karnataka. A senior official of JK Cement said that, if needed, a joint venture partner may be invited in for implementing the project. The Karnataka Government has already given the mining lease, which is being held by Jaykaycem Ltd, a special purpose vehicle (SPV). The proposed cement plant is likely to have a grinding un... |
Afghanistan cement project21 December 2005, Published under Cement NewsThe US trade & development agency recently provided a grant to the local ministry of mines & industries to enable the completion of a project feasibility study regarding various cement manufacturing projects. As a result, the ministry subsequently retained the services of US-based Box International consulting to complete the study. The project would reportedly involve the rehabilitation of existing cement plants as well as the construction of a new 1Mta facility. As things currently stan... |
Cement tightness will continue, US20 December 2005, Published under Cement NewsUS cement makers have reportedly announced 10-15 per cent price increases for January atop a 13 per cent increase in the past 12 months. ‘They probably will stick,’ says Ken Simonson, chief economist of the Associated General Contractors of America, because the Portland Cement Association believes cement shortages will continue in 2006. Ed Sullivan, chief economist of the Portland Cement Association, says cement supply was tight in 32 states during 2005 because overall demand increased by... |
Consumption up 5.1%, Spain20 December 2005, Published under Cement NewsCement consumption in Spain rose by 5.1 per cent YoY to over 46.8Mt in the 11 months to November 2005, the Spanish cement makers association Oficemen said. Cement output in Spain stood at 45.5Mt, rising by 5.9 per cent. Spanish cement imports totalled 8.5Mt, up 14.5 per cent. Exports decreased by 10.1 per cenet to 1.27Mt. The highest increases of between 18 per cent and 25 per cent in terms of cement consumption were registered in the regions of Castille-La Manche, Madrid and Extremadura. ... |
Akmenes lifts Jan-Nov sales to EUR33m20 December 2005, Published under Cement NewsLithuania’s only cement manufacturer, posted sales of LTL113.93m EUR 33m) for the first 11 months of this year, a rise of 16 per cent from sales of LTL98.25m a year earlier. Sales for November jumped by 43.1 per cent YoY to LTL10.56m. "Sales rose both in the domestic and foreign markets thanks to growth in the construction sector," Akmenes Cementas CEO Arturas Zaremba said. The company’s major export markets include Latvia, Russia’s Kaliningrad region and Finland. The cement manufact... |
Teixeira Duarte boosts stake in Cimpor, Portugal20 December 2005, Published under Cement NewsPortuguese construction group Teixeira Duarte spent EUR60m to boost its stake in the share capital of local cement producer Cimpor from 20 per cent to over 22 per cent. According to the latest data from Portugal’s national securities regulator CMVM, Teixeira Duarte currently controls 151.1M Cimpor shares, corresponding to 22.49 per cent of the company’s share capital and to 22.62 per cent of the voting rights. |
Update on Ilam project20 December 2005, Published under Cement NewsConstruction works on the second phase of Ilam cement plant is underway with 27 per cent now complete. All the equipments for the development has been purchased and imported, costing about EUR27m. When operational, the second phase would be capable of producing 3400tpd of cement, the plant director said. Daily production from Ilam currently stands at about 2000t. |
Semapa to book EUR390m gain from Enersis disposal20 December 2005, Published under Cement NewsPortuguese cement and paper group Semapa SGPS expects to book a gain of EUR390m from the sale of its 90 per cent in the Enersis renewable energy business to Austrialian investment company Babcock & Brown Ltd, Pedro Queiroz Pereira, Semapa chairman, said at a news conference. Semapa will use the EUR420m total proceeds from the disposal to pay off debt and develop the company’s core businesses, paper maker Portucel and cement division Secil, the chairman said. The aim is to halve group de... |
Saudi Cement Company to invest in two new lines19 December 2005, Published under Cement NewsEmbarking on one of the largest regional cement projects, Saudi Cement Company (SCC) is investing around SR2.2 billion (US$578m) to step up production and meet steadily rising local and regional demand. The company’s board of directors has decided to expand the company’s production at its Hofuf Plant by constructing two complete new lines of 10,000tpd clinker capacity each. ”This is one of the world’s largest cement projects” said Walid Al-Juffali, SCC Chairman and Managing Director about... |