Cement News tagged under: international
Fauji Foundation to sell cement firm stake12 December 2005, Published under Cement NewsPakistan’s Fauji Foundation on Monday put up for sale a 52 per cent stake in Fauji Cement Company Ltd. (FCCL) . FCCL shares were up 4.8 per cent at 28.25 rupees in a broader market that was down 0.4 per cent, making a 52 per cent stake worth about US$91m. Fauji Foundation, a local investment group run by former military men, said in a newspaper advertisement that expressions of interest should be submitted by Jan. 10. FCCL is a public listed company and was incorporated in 1992. It has a pai... |
FLS South African orders12 December 2005, Published under Cement NewsFLSmidth A/S said Monday it has been awarded a contract for a cement line by Pretoria Portland Cement in South Africa. The contract is worth some DKK200 million. In addition to FLSmidth’s supply contract, the company’s other core business, FFE Minerals, has won an order for installation and supervision of the cement project. The value of this second contract is around DKK90m. Over the coming 20 months FLSmidth is to supply all the machinery for the production line which is an expansion of an ... |
Boral to build $US55m clay brick plant in Indiana12 December 2005, Published under Cement NewsBoral Ltd will invest $US55m to build a new clay brick plant in Terre Haute, Indiana. The new facility will produce a variety of brick sizes and colours with a capacity to produce 120 million standard brick equivalents annually. Boral expects production to commence at Terre Haute in the December 2007 quarter. CEO and MD Rod Pearse said, Boral the market leader in clay bricks in the USA, was committed to maintaining its strong performance in this key business and growing the business for value. |
Chile cement sales increase12 December 2005, Published under Cement NewsChilean cement sales increased to 8.4 million bags in October 2005, from 7.7 million bags for the same period of 2004, Chilean Construction Chamber CChC said on December 9, 2005. Chilean cement sales totalled 77.2 million bags for the period from January to October 2005, compared to 72.9 million bags for the same period last year. Cement sales in the country were pushed up by the higher number of public and private sector projects, announced in the last months. The original forecast for 2005 ... |
JK Cement plans expansion12 December 2005, Published under Cement NewsJK Cement, India is embarking on an expansion plan for which it is planning an initial public offering (IPO) to raise Rs 300 crore in January 2006. "Plans are afoot to increase the production capacities of our grey cement facility at Nimbahera and white cement plant at Gotan. We are also setting up captive thermal power plants and heat recovery systems, which will require a total investment of Rs 250 crore," A K Saraogi, chief financial officer and president (corporate affairs) of JK Cement,... |
supplies ’could run out next week’09 December 2005, Published under Cement NewsBermudan cement supplies could run dry by early next week, an industry chief warned last night. Bermuda Cement Company president Jim Butterfield predicted a "week of agony" loomed with silos at Royal Naval Dockyard so depleted workers now had to get inside and shovel cement out. Butterfield warned it would be "touch and go" whether the remaining cement would last until next Monday or Tuesday. Fresh supplies are due to arrive from South America next Wednesday. But the president said that s... |
Algerian ECDE exceeds output targets09 December 2005, Published under Cement NewsAlgerian cement producer l’Entreprise des ciments et derives de Chlef (ECDE) exceeded its 2.0Mt output target for full 2005 on December 2, 2005, the company CEO said. The company now expects to close 2005 with an output of 2.09Mt. ECDE produced 1.02Mt in 2003 and 1.82Mt in 2004 selling cement into five provinces - Chlef, Ain Defla, Relizane, Tissemsilt and Tiaret The two Japanese-made cement production lines of ECDE were put into operation in 1978 with a capacity of 2Mta. However, this v... |
Lafarge North America to improve pipe production09 December 2005, Published under Cement NewsLafarge North America, the leading supplier of construction materials in the US and Canada, today announced that it will build a new concrete pipe plant in Edmonton, Alberta and expand its Calgary, Alberta and Winnipeg, Manitoba pipe operations. These investments demonstrate Lafarge’s commitment to serving its customers’ expanding requirements. Construction of the new facility will commence in the spring of 2006 and will replace the existing Edmonton operation. The new plant will have ... |
Federal Antimonopoly Service withdraws claims09 December 2005, Published under Cement NewsThe Russian Department of the Federal Antimonopoly Service for the Nizhniy Novgorod region has notified Eurocement that it withdrew its requirement for the company to submit on 29th day of each month data on its wholesale prices for cement. In this connection, the arbitration court of the Nizhny Novgorod region has now stopped litigation on the claim of the department of FAS for the Nizhny Novgorod to declare invalid act of FAS. As it was earlier reported, arbitration court of Br... |
Cement sales up in November09 December 2005, Published under Cement NewsPakistan ’s total cement sales during the month of November as compared to the previous year went up by eight per cent and were noted at 1.194Mt. The All Pakistan Cement Manufactures Association’s figures made available said that the local sale of cement soared by about eight per cent remained at 1.97Mt, while the exports up by 13 per cent stood at 0.97Mt. During the first five months of current fiscal year July-November, cement’s local sale aggregated to 6.576Mt, showing a jump of 12 per... |