Cement News tagged under: international
Askale Cimento buys Trabzon cement21 October 2005, Published under Cement NewsAskale Cimento placed the highest bid of US$81.25m in the tender held bythe SDIF (Saving Deposit Insurance Fund) for the sale of Trabzon cement plant, previously owned by the Uzan group. Seven investors submitted bids for the cement plant for which the SDIF set a minimum estimated value of US$50m. The sales of nine cement factories previously owned by the Uzan group were completed with the tender held for Trabzon plant. The SDIF set minimum estimated value of US$455m for nine factories, howev... |
Cement consumption in Spain up again20 October 2005, Published under Cement NewsCement consumption in Spain rose 4.85 pct year-on-year in the first nine months of 2005 to 37.99Mt, the Spanish cement makers association Oficemen said on October 18, 2005. Cement consumption in the 12 months to September 2005 totalled 49.73Mt, up 4.6 pct from the period September 2003-September 2004. Cement output in Spain in the first nine months of 2005 totalled 36Mt, rising 5.4 per cent year-on-year. Cement production in the 12 months to September 2005 totalled 48.5mt, up 5.0 per ce... |
IFC Provides loans to Anhui Conch Cement20 October 2005, Published under Cement NewsThe International Finance Corporation (IFC) today signed a contract to provide 650 mln yuan in loans to Chinese cement producer Anhui Conch Cement Company. The loans funds derive from IFC’s recent successful 1.13 b yuan "Panda" bonds issuance in China. IFC said the raised funds will be used as loans to three Chinese companies including Guangzhou Development Industry (Holdings) Co., Ltd, United Family Hospitals & Clinics, and Anhui Conch Cement Company Limited. The first two will obtain 40... |
Limak buys Ergani cement plant for US$120.7m20 October 2005, Published under Cement NewsLimak won the tender held for the sale of Ergani cement plant with US$120.7m bid. The SDIF (Saving Deposit Insurance Fund) previously set the minimum estimated value for the plant at US$53m. 13 investors participated in the tender. |
Peru cement sales up in Sept 200520 October 2005, Published under Cement NewsPeruvian domestic cement sales increased to 389,416t in September 2005, up 11.6 per cent year-on-year, the Peruvian Association of Cement Producers (Asocem) reported on October 18, 2005. Peruvian cement exports totalled 67,491t in September 2005. Peruvian domestic cement sales totalled 3.13Mt for the period January to September 2005, up 7.87 per cent year-on-year. Peruvian cement exports totalled 544,491t for the period January to September 2005, up 21.2 per cent year-on-year. Ceme... |
Chilanga to build $100m Zambia cement plant19 October 2005, Published under Cement NewsLafarge’s Chilanga unit in Zambia will build a US$100m plant in Zambia to meet growing demand for infrastructure by new copper mines, the head of its Zambia unit said on Tuesday. Ian Coulter, managing director of Chilanga Cement Plc, said the new plant would have a capacity of 750,000t of cement coming on stream in 2008. Chilanga Cement will also export to the Democratic Republic of the Congo and Burundi and supply cement for the construction of new power stations in Zambia itself, Coulter... |
Turkish Limak Buys Ergani Cimento19 October 2005, Published under Cement NewsTurkish Limak Group won the tender for the sale of cement factory Ergani Cimento filing the highest bid of $120.7m it was reported on October 18, 2005. Thirteen companies bid for Ergani Cimento, which is one of the nine cement factories seized from Uzan family in February 2004. Ergani Cimento was offered for sale at a starting price of $53m by the Savings Deposit Insurance Fund (TMSF), a fund that manages banks taken into receivership by the state. Ergani Cimento, which is one of the s... |
Taiwan Cement sees export price rise in 200619 October 2005, Published under Cement NewsTaiwan Cement Corp, Taiwan’s largest cement marker, said on Tuesday it expects export prices to rise as much as 10 per cent in 2006 as demand continues to be strong in the Middle East, Africa and the United States. Global cement prices are increasing and supply remains tight, said the company’s vice president of sales, Edward Huang, citing robust demand from the United States in the aftermath of Hurricane Katrina. "I’ve been in talks with our clients about next year’s contract prices and... |
US cement shortage causing construction delays19 October 2005, Published under Cement NewsA critical shortage of cement is reportedly is causing serious problems in Utah’s construction industry. It means lost revenue for construction workers and rising costs for homeowners. The shortage is causing headaches and frustration at building sites around the state. The cement shortage forced Geneva Rock to cut back production of concrete from six days a week to five days, and now four days a week. A related problem: the cost of concrete in an average new home has gone up by about 12... |
Cement makers contradict competition council18 October 2005, Published under Cement NewsRomanian cement producers reject statements of Competition Council, according to which the decision to sanction companies Lafarge, Holcim and Carpatcement, charged with forming a cartel, was followed by a six per cent price decrease. "Because the cement market is very competitive, there has always been a downward tendency after a price increase. The only price increase with Carpatcement compared to 2004 happened at the beginning of the year, when contracts for 2005 were signed", Mihai Rohan... |