Cement News tagged under: international
Chile Aims at higher cement sales12 October 2005, Published under Cement NewsChile aims to increase its cement sales to 4.0Mt in 2005, an increase of 6.0 per cent year-on-year, it was reported on October 11, 2005. The sales figure shows an increase compared to the all-time high 3.8Mt, sold in 1998. The sector has been encouraged by the rising sales and investments so far in 2005. Cement sales increased to around 2.6Mt so far in 2005, up 5.4 per cent year-on-year. Higher demand was pushed up by both private and public housing and infrastructure projects in the coun... |
Italcementi interested in five Turkish plants12 October 2005, Published under Cement NewsItalcementi SpA is interested in five of the 10 cement plants which are being privatised by the Turkish government, a spokeswoman said, confirming earlier reports. ’The company is potentially interested in five cement plants,’ she said, without specifying if the company will make a bid for all of them. According to the spokeswoman, the privatisation auction for the plants started yesterday and will end on Monday or Tuesday next week. Prospects of a further expansion in Turkey are suppor... |
Management changes at Padang and Tonasa12 October 2005, Published under Cement NewsThe EGM of Semen Padang and Semen Tonasa decided that the two companies should increase itsproduction capacity utilization by 10 per cent each starting this year. "Overall, we expect that Semen Gresik Group’s production will increase 10 per cent from 15.5Mt last year to 16.5Mt this year," said a senior spokesman. Moreover, SG as the majority shareholder, asked SP management to follow up the special audit on its 2002-2003 financial reports by June 2006 the latest. Of the 133 points highlig... |
Changes ahead for China markets?11 October 2005, Published under Cement NewsWith Chinese cement consumption likely to top the 1bn tonne level in 2005, industry specialists suggest that growth in consumption is likely to moderate significantly in 2006-2007 as Chinese government planners come to terms with an overheating market economy and significant levels of unrest from the majority rural population, many of whom feel they are being bypassed by this recent surge in economic developments and more importantly local living standards, education and employment opportuni... |
Holcim expanding in Romania: New kiln line to be built11 October 2005, Published under Cement NewsHolcim (Romania) will be investing more than CHF 150 million in modernising and expanding cement production capacity over the 2005-2008 period, underpinning the company’s objective to continue profiting from the market’s dynamic growth. The construction of the country’s largest kiln line in Campulung (annualcapacity: 1.5Mta of cement) will mark the final stage of a multi-year process of renewal implemented by Holcim Romania at all its cement plants. With cement consumption likely to go up by... |
Indian cement growth11 October 2005, Published under Cement NewsThe Indian cement industry has posted a 10 per cent growth in both cement production and despatches for the first half of the year ended September 2005, clocking a double digit growth. While cement makers were predicting an eight per cent growth for the year, it has crossed expectations and has reached the 67.04Mt mark in production, 66.82Mt in despatches, for the first half of the fiscal 2005-06, posting a growth of 10.2 per cent and 10.3 per cent respectively. With the best period for the ... |
South African regional cement sales up in Sept11 October 2005, Published under Cement NewsCement sales in southern Africa rose 13 per cent in September to 1.24Mt, the Cement and Concrete Institute said on Monday. Sales for the region, which includes South Africa, Lesotho, Botswana, Namibia and Swaziland, totalled 9.52Mt for the year to September, up 10.1 per cent from the same period last year, the institute added. |
Turkish Cimentas Wins Lalapasa Cimento tender with high bid11 October 2005, Published under Cement NewsTurkish cement producer Cimentas reportedly won the sell-off tender of cement factory Lalapasa Cimento offering the highest bid of $166.5m it was reported on October 10, 2005. Cimentas competed for the factory with Set Cimento, Tracia, Uni Cimento and Akcansa. Lalapasa Cimento was offered for sale at a starting price of $61m by the Turkish Saving Deposits Insurance Fund (TMSF), a fund that manages banks taken into receivership by the state. Lalapasa Cimento was seized from Turkish Uza... |
Italcementi to bid for Turkish Plants10 October 2005, Published under Cement NewsItalian cement group Italcementi is keen to take part in a tender to acquire five plants of Turkish cement group Rumeli, Italcementi’s CEO Carlo Pesenti said. The tender will be held in the week from October 10 to 14, 2005. Each of the plants is estimated at between EUR100m (US$121.7m) and EUR120m (US$146.06m). At the tender 10 Rumeli plants will be put up for sale, but Italcementi is interested only in five of them, Pesenti added. |
Iran, Venezuela to build cement plant in Monagas10 October 2005, Published under Cement NewsVenezuela’s Basic Industries and Mining Minister Victor Alvarez Saturday announced that Caracas and Tehran had signed a joint venture agreement on the establishment of a cement factory in the Venezuelan state of Monagas. The two countries plan to invest US$45m in the project, Xinhua quoted Alvarez as saying. According to the China’s news agency, the plant’s annual production capacity would hit more than 1Mt. Alvarez said feasible study had started six months ago and an Iranian delegation o... |