Cement News tagged under: international
Holcim and Gujarat Ambuja08 December 2005, Published under Cement NewsThe presence of Swiss cement maker Holcim’s CEO Markus Akermann and his board colleague Paul Hugentobler in Mumbai to attend the Associated Cement Companies Ltd (ACC) board meeting on Tuesday sparked rumours of a change in the ownership of the local cement company. ACC officials were vehement in their denials, though sources said a stake in Gujarat Ambuja could also be a possibility (see below). “It was a normal routine board meeting,” a ACC spokesperson told reporters, on being quizzed a... |
Cement consumption growth to slow in 200608 December 2005, Published under Cement NewsUS experts predict cement consumption this year to increase more than five per cent over 2004 levels, despite this year’s hurricanes. Residential construction is expected to decline due to raising mortgage rates in 2006; however, increases in commercial construction and public works construction will more than offset the residential slowdown and provide a net cement consumption gain in 2006. Closely in line with its summer, pre-Katrina forecast, the Portland Cement Association (PCA) Fall ... |
Yemen production increase planned08 December 2005, Published under Cement NewsAccording to the Al-Bayan newspaper, Mr. Mohammed Shanef, Vice Chairman of the Yemen Corporation for Cement Industry and Marketing, revealed that his company is planning to increase its cement production capacity from current 1.8Mt annually to 5Mt annually by 2008. To achieve that goal, the Yemen Corporation for Cement Industry and Marketing is intending to expand the capacity of its current three cement manufacturing factories in Yemen. He also estimates the cement consumption in Yemen at ... |
Savinskiy Cement increases production08 December 2005, Published under Cement NewsSavinskiy Cement Plant (the Arkhangelsk region) increased production of cement by eight per cent in January-November 2005, to 668,000t, up 8,0 from the figure reported in entire 2004. Design capacity of the plant is 1.4Mt, Eurocement reports. |
Holcim Romania opens "clean" concrete plant08 December 2005, Published under Cement NewsHolcim Romania said on Wednesday it spent US$2.36m to open its 11th environmentally friendly concrete plant. The new plant has an output capacity of 120 cubic metres of concrete per hour and is completely automated, Holcim Romania said in a statement. The plant is located in Targu Mures, central Romania. It employs technology reducing the amount of dust and noise it produces. |
TCL back on-stream08 December 2005, Published under Cement NewsBy the end of this week, Trinidad Cement Ltd (TCL) will raise its production to meet the demands of local and foreign markets. This assurance was given yesterday by TCL chief executive officer, Dr Rollin Bertrand, at a press conference at the company’s Claxton Bay offices. Bertrand also said that the company does not intend to raise prices given the current shortage. He explained that the cement shortage occurred because the company was engaged in connecting the new US$18m upgrade to existin... |
Holcim may bid for Huaxin Cement07 December 2005, Published under Cement NewsHolcim is expected to become the largest shareholder of China’s second largest cement producer Huaxin Cement. The two companies are in acquisition talks, an official from the city government of Huangshi, where Huaxin Cement headquarters, said in a telephone interview on November 28. Holcim may pump more than CNY 800 million to add its stake in the Chinese cement company, a source close to the talks disclosed. However, Huaxin Cement has not confirmed the report. Huaxin Cement, which has... |
Romanian cement market up in 200507 December 2005, Published under Cement NewsThe Romanian cement market is reported to have grown 8.0 per cent in 2005 compared to 2004 due to the high number of supply contracts for the reconstruction of buildings damaged by floods, the cement industry employers association CIROM’s president, Mihai Rohan, said on December 7, 2005. The cement market was worth Euro 300m of sales in 2004. The local cement producers forecast a 5.0 per cent growth of the cement market for 2006. However it could rise to 10 per cent in 2006 if the local p... |
US could drop duty on Mexican cement07 December 2005, Published under Cement NewsThe United States could phase out a 55 per cent duty on Mexican cement under a plan that would establish a 3Mt annual import quota for three years, a US group said on Monday. Stephen Sandherr, chief executive of The Associated General Contractors of America, mentioned the possible agreement in a letter to US Commerce Secretary Carlos Gutierrez. The constuction industry group blames the 15-year-old duty on Mexican cement for a cement shortage in two-third of the 50 US states. The industy h... |
Kenyan cement firms complain about costs07 December 2005, Published under Cement NewsPoor roads and inadequate communication infrastructure are making cement manufacturing too expensive Kenyan cement makers Bamburi and Athi River Mining are concerned that the high costs of production in the country will reduce the competitiveness of their product in the Comesa region and other regional trading blocs. The firms say that the high cost of power and poor infrastructure are eating into their profits. "We are concerned about the poor state of roads, cost of power and inadequate... |