Cement News tagged under: international
Padang continues to improve19 December 2005, Published under Cement NewsCement maker PT Semen Padang in West Sumatra targets a 56.15 per cent increase in net profit to Rp212.23 billion (US$21.2m) from this year’s target of Rp135.91 billion. The subsidiary of state-owned PT Semen Gresik set its sales target at 5.32Mt of cement valued at Rp2.74 trillion in 2006 up from Rp2.11 trillion estimated for this year. Company president Endang Rizal said next year, the company will concentrate more on expanding domestic sales to gain a higher profit margin. In the first ... |
Buzzi Unicem to add 1Mt of capacity in the US16 December 2005, Published under Cement NewsBuzzi Unicem is investing US$262m to increase capacity at the Buzzi Unicem USA works at Selma, Mo. A new five stage preheater / precalciner kiln is to replace two existing long dry kilns. The works, which is located on the Mississippi river, will see its cement capacity increase from the current level of 1.3m tonnes to 2.3Mt, once the investment programme is completed in the second half of 2008. The Selma works will then account for roughly half of Buzzi Unicem USA’s 4.5Mt of cement cap... |
US considers implementing 3Mt cement import quota, abolishing tariff16 December 2005, Published under Cement NewsThe US Department of Commerce (DOC) intends to set up a 3Mt import quota for Mexican cement in place of the 55% anti-dumping tariff currently charged, Mexico City daily Reforma reported. Talks over reducing the restrictions on US imports of Mexican cement have been held on and off for over a decade, but the Mexican producer’s argument has been boosted by the devastation caused by hurricanes in the US, especially Katrina and Rita in Louisiana. Given that reconstruction works in the so... |
Infrastructure projects to boost cement demand16 December 2005, Published under Cement NewsDespite a predicted fall in consumer purchasing power as a result of higher interest rates, cement demand is expected to remain high in 2006 with a boost from government and private sector spending on infrastructure projects. Infrastructure projects are expected to offset a decline in cement demand from the housing and property sector. Overall demand could grow by between 7.5 percent and 8.5 per cent in 2006, said Dwi Soetjipto, president director of cement giant PT Semen Gresik. "... |
Peru’s November sales rise 13.3 per cent16 December 2005, Published under Cement NewsPeru’s overall cement sales in November rose a sharp 13.3% to 432,110t from the 381,250t sold in the same month a year before, the National Association of Cement Producers, or Asocem, said Thursday. In the first 11 months of the year, cement sales totaled 4,572,515t, a 10.18% increase from the same period a year earlier. Cement production, an indicator of domestic demand, is a key component of activity in the construction sector. Construction has been booming due to building of shoppin... |
Cement production up by 34 per cent, Ukraine16 December 2005, Published under Cement NewsIn November, cement production rose by 34% compared with November 2004, to 941,000t, the State Statistics Committee disclosed. In November, cement production fell by 23.4% to 941,000t compared with October. In January-November, cement production rose by 12.6% compared with the same period of 2004, to 11,451,000t. As Ukrainian News earlier reported, in October, cement production rose by 17.3% compared with October 2004, to 1,229,000t, the State Statistics Committee has disclosed. In 2004... |
Lafarge announces further increases in cement capacity15 December 2005, Published under Cement NewsThe Paris-based global leader in cement is spending €125m in a new kiln and associated production facilities at its Russian subsidiary Voskresenskcement’s existing works, raising the cement capacity from a current 1.9Mt to 3.0Mt. The increased capacity should by fully on line by 2009. Elsewhere in Europe, Lafarge has spent US$30m on acquiring Cemento Esfera, which owns a grinding plant in the Spanish port of Tarragona with an annual capacity of 0.5Mt. The statement also mentions the €25m sl... |
Taiwan Regulator fines cement cartel15 December 2005, Published under Cement NewsTaiwan’s Fair Trade Commission said Thursday it fined 21 local cement companies a total of NT$210m (US$6.3m) for price fixing between 2000 and 2003. Almost all of Taiwan’s major cement manufacturers and silo holders or distributors jointly raised domestic prices during that period, the commission said. The companies include Taiwan Cement Corp, the island’s largest cement producer by revenue, and Tung Woo Corp, a local distributor wholly owned by Cemex. Taiwan Cement and Tung Woo were fine... |
Holcim Inaugurates first concrete plant at Cat Lai15 December 2005, Published under Cement NewsHolcim Vietnam on December 9 inaugurated its new concrete plant in Cat Lai in southern Ho Chi Minh City’s District 2. The factory, capitalized at $3 million, covering 15,000m2, has the capacity of 120m3 an hour. The Holcim joint venture is one of the leading cement producers in Vietnam. It currently operates two cement grinding plants in Ho Chi Minh City and Ba Ria Vung Tau province, and a cement plant in Kien Giang province, with combined annual capacity of 3.6Mt of cement. Holcim Vi... |
UAE Cement Sector Outlook15 December 2005, Published under Cement NewsProjects currently under execution in the GCC, Iran and Iraq are in excess of US$697bn. Out of these, UAE is believed to account for about 32%, or US$224bn worth of projects. Out of an amount of US$294bn proposed to be invested in construction projects all across the GCC (over the next 3-4 years), UAE is believed to account for about 60%, or about US$177bn. Assuming that all the investment projects valued at US$177bn announced in UAE so far are implemented, MEED Projects suggests that UAE ce... |