Cement News tagged under: international
Hurricane contributes to cement shortages in Canada25 October 2005, Published under Cement NewsContractors in Alberta’s booming construction industry say this year’s devastating hurricane season along the Gulf Coast is going to make a cement shortage even worse. Builders say high demand for cement this year has already meant that some smaller projects like driveways and sidewalk repairs have been put on hold. Now, with rebuilding starting in hurricane damaged areas of Texas, Louisiana and Florida, getting the cement that’s needed to make concrete is becoming increasingly difficult. ... |
Cemex Venezuela sees sales growth25 October 2005, Published under Cement NewsCemex Venezuela, a unit of Mexican Cemex expects sales to grow 18 per cent this year from 2004 and sees another 10 per cent increase for next year, the affiliate’s president said on Tuesday. Enzo Moschella said Cemex Venezuela, which produces about 4Mt of cement a year for the local market, the Caribbean and the United States, will see 2005 consolidated sales of around $500m, including its operations in Panama and the Dominican Republic. "Sales are going well," Moschella told reporters a... |
Weak construction sector hits South Korean cement24 October 2005, Published under Cement NewsSouth Korea’s cement industry remains in the dumps as the government’s anti-speculation measures have led to a drastic contraction in construction business, industry sources said Monday. Since October 2003, the government has announced a series of measures to curb soaring housing and land prices, throwing cold water on the construction sector. According to the sources, the nation’s cement production is expected to plunge to 47Mt this year from 54.3Mt in 2004 and a peak of 60Mt in 2003. In... |
Cement output to double in next four years24 October 2005, Published under Cement NewsAll Pakistan Cement Manufacturers Association (APCMA)’s Vice Chairman, Babar Bashir told that currently 18Mt of cement was being produced annually. He told that the mounting demand of cement in general and the upcoming huge earthquake reconstruction works in particular would give a tremendous boost to cement production in the country doubling in next 3/4 years. Elaborating he said that Attock, Lucky, D. G. Khan, Maple Leaf and Pioneer cement factories intend to double their production by eit... |
No cement supply problems in Sarawak24 October 2005, Published under Cement NewsThe Domestic Trade and Consumer Affairs Ministry’s enforcement division in Sarawak has not received any complaints of cement shortage, including from developers. Its director, Mohamed Mokhtar Yeop, said Saturday the cement shortage which hit the state last August had been addressed and since then, there had not been any report of shortage. "There is no problem of shortage in cement supply. However, there is a possibility that there is no supply at some hardware shops, especially in the rural ... |
PM approves construction of Do Luong cement factory24 October 2005, Published under Cement NewsThe Vietnamese Prime Minister has approved the construction of Do Luong cement factory in the central Nghe An province with a total capacity of 3Mt of cement a year. The construction is divided into three phases. The first phase is scheduled to start before mid-December this year and the factory will be operational by early 2008, producing about 900,000t of cement a year. Investors in the factory are allowed to borrow up to 30 per cent of the total investment capital from the Development Sup... |
Indian cement prices24 October 2005, Published under Cement NewsIndian cement prices are expected to rise this quarter by Rs 5-7 per bag, owing to better demand in both domestic and overseas markets. The average price of cement in India now is around Rs 155-165 for a 50 kg bag, according to local news reports Analysts also see rising cost of raw materials including limestone and coal as another factor that is forcing the manufacturers to hike prices. Cement despatches across the country have been growing steadily for the past few quarters. In the nort... |
Lafarge leads a further British price increase21 October 2005, Published under Cement NewsMarket leader Lafarge has announced a price increase of 6.5 per cent for bulk cement in Great Britain from the 1st of January 2006. This would come into effect only nine months after a similar price increase for bulk cement. For bagged cement, the group has pushed through two price increases this year. It is interesting to note that Britain is currently seeing some of the strongest price increases for cement in western Europe, in spite of a combination of declining demand and the coming on... |
Iran’s cement market will stabilise21 October 2005, Published under Cement NewsA senior cement industry official expressed hope that the cement market will return to normal following plans to establish new mills and the much-anticipated decline in demand with the approach of winter. Alireza Sharafi, head of Mining Development and Renovation Organization’s Cement Affairs Department, told ILNA that cement is considered a strategic sector in the development drive, stressing that the government has thus always been concerned about the pricing mechanisms. He said that ex... |
Siam’s cement business outlook21 October 2005, Published under Cement NewsAnalysts estimate that Siam Cement’s sales volume will grow 8% on year to 2.69Mt thanks to more construction works in the domestic market, despite the rainy season in the third quarter. However, sales value will likely fail to reflect all of the gains in volume, as cement prices were under pressure from fierce competition in the industry and government controls. Capital Nomura Securities expects the company’s cement sales in the quarter to be around THB9.62 billion, almost flat with THB9.... |