Cement News tagged under: international
Indonesia’s Semen Gresik nine month cement sales18 October 2005, Published under Cement NewsIndonesia’s largest cement maker PT Semen Gresik’s nine months to September cement sales rose 5.6 per cent to 12.29Mt, driven by increased domestic sales. Semen Gresik said it sold 10.83Mt in the local market during the nine-month period, up from 10.03Mt a year ago. Its exports dropped 9.2 per cent to 1.46Mt from 1.61Mt after one of its three operating units, Semen Gresik suspended shipments overseas. Semen Tonasa and Semen Padang saw their exports climb 7.1 per cent and 6.6 per cent, resp... |
Semen Tonasa to build new plant18 October 2005, Published under Cement NewsSemen Tonasa is planning to invest at least Rp 2.5 trillion to increase its production capacity as well as build a new plant in Pangkep, said the company’s newly elected President Director, Drs. Sattar Taba, adding that the investment will be executed upon the completion of a feasibility study on the plan. Taba said that PT Vista had won a tender, held by Semen Tonasa’s shareholders, to construct the new plant. The new plant will be built next to Semen Tonasa’s other plants i... |
Ministry stops use of coral in cement production18 October 2005, Published under Cement NewsThe Vietnamese Construction Ministry will close down cement plants using coral as a raw material in production to protect marine ecology. Plants using coral are concentrated mainly in the southern central region, including the Hon Khoi plant in Khanh Hoa province and the Ninh Hai plant in Ninh Thuan province. Due to the shortage of limestone and inconvenient transport in the region, the plants have used coral as an alternative material, affecting the local biological system and the contin... |
TPI Polene wants loan extension18 October 2005, Published under Cement NewsThai Petrochemical Industry Plc, the country’s biggest corporate debtor, plans to extend its debt-restructuring process for three months while its cement unit, TPI Polene, wants an extra year, The Nation reports. Both TPI and TPI Polene have been negotiating with their respective creditors for a debt workout since 1999. TPI’s rehabilitation plan administrator, a representative from the Finance Ministry, has asked the Central Bankruptcy Court to extend its deadline to exit debt-restructurin... |
Peru’s September cement sales rise18 October 2005, Published under Cement NewsPeru’s overall cement sales in September rose 18.6 per cent to 456,907t from the 385,305t sold in the same month a year before, as the economy continued to expand, the National Association of Cement Producers, or Asocem, said Monday. In the first nine months of the year, cement sales totaled 3,683,074t, a 9.65 per cent increase from the same period a year earlier. Cementos Lima SA led the sales in September, selling 223,511t of cement, which includes 67,356t for export, the association said. |
Antimonopoly service sends claim to Eurocement17 October 2005, Published under Cement NewsThe Federal Antimonopoly Service (FAS) has reportedly sent an invoice to the Eurocement Group for one billion roubles (US$35m)as part of negotiations over claims of excessive profiteering and what it sees as its unacceptable monopolistic position in the markets, particularly the Moscow region. Eurocement Group controls 15 plants with capacity of 33Mt of cement a year. In 2005, the company plans to produce about 20Mt of cement. The group is controlled by Filaret Galchev and partners. Accord... |
Indonesia cement consumption up again17 October 2005, Published under Cement NewsIndonesia’s cement consumption rose 4.2 per cent in September from a year earlier, the country’s largest cement maker said on Monday. State-controlled PT Semen Gresik Tbk , 25.5 percent owned by Cemex SA, said Southeast Asia’s largest economy used 3.04Mt of the building material last month, up from 2.92Mt in 2004. Domestic cement sales of Semen Gresik alone rose 5.8 percent to 1.43Mt in September. Including exports, total Gresik sales rose 9.8 per cent to 1.63Mt, Gresik reported. Indonesia ... |
Turkish Sanko wins Gaziantep tender17 October 2005, Published under Cement NewsTurkish industrial group Sanko Holding made the highest bid of $128m in the sell-off tender of cement factory Gaziantep Cimento, it was reported on October 14, 2005. Sanko entered the open bid session, which started at $127m after the closed bids, offering immediately $128m, which forced the remaining 13 bidders to drop out. Thus Gaziantep Cimento tender proceeded without competition, unlike the other tenders of the Uzan family cement factories. Gaziantep Cimento was offered for sale at ... |
Kalvitis to consider inviting bids for new cement plant17 October 2005, Published under Cement NewsDue to a cement deficit on the Latvian market, Prime Minister Aigars Kalvitis (People’s Party) has ordered Minister of Economy Krisjanis Karins (New Era) to consider inviting bids for building a new cement plant in Latvia, as Kalvitis’ advisor Arno Pjatkins told LETA. Karins will have to report on his findings at the government’s meeting on October 25, and also present a report on availability of limestone resources in Latvia. The Competition Council is to report by October 20 whether it su... |
Companies still trying to broker solution to cement price war14 October 2005, Published under Cement NewsDespite a September 28 deadline set by Colombia’s senate to resolve the price war in the domestic cement market, the companies are still negotiating to find a solution, an official of one of the companies involved told BNamericas. "We are still at the table, our lawyers and the competition’s lawyers, searching for a formula that will allow us to establish clear market policies," said the source, who asked to remain anonymous. "The authorities have been quiet on the issue so as to allow us ... |