Cement News tagged under: international
Vice President complains about high cost of cement, Ghana06 October 2005, Published under Cement NewsGhana’s vice president Alhaji Aliu Mahama has asked cement producers to explore the use of lime and other local materials to beat down the price of the essential commodity. He said the high price differentials from one region to the other made projects expensive as one moved up North. Alhaji Mahama was interacting with Dr Bob Scheiffele, Board Chairman of HeidelbergCement Group; external owners of Ghana Cement Factory (GHACEM) when he paid a courtesy call on him at the Castle Osu. A bag o... |
Bacnotan to Invest PHP1B, Philippines06 October 2005, Published under Cement NewsThe board of Bacnotan Consolidated Industries Inc. (BCI.PH) has approved the appropriation of PHP1bn for future investments. The Philippine investment holding concern will source the funds from its retained earnings. Bacnotan recently sold its cement business and is looking to diversify its portfolio to add the services sector, including education, energy, financial services, affordable housing, and the medical services business. |
Cement plant investment, Yemen06 October 2005, Published under Cement NewsThree cement plants worth a total $500m will be built in southern Yemen in joint Saudi-Yemeni projects. According to forecasts, their capacity will be 3Mta. Reportedly, the three plants are the first project in the field of cement production jointly financed by Saudi and Yemeni organisations. Yemen’s cement output stood at 1,541,352t in 2003, while sales of locally produced cement reached 1,540,308t worth 16.4bn rials (US$84.7m), the Yemeni News Digest reported earlier this year. |
Garadagh Cement disagrees with act on results of tax inspection, Azerbaijan06 October 2005, Published under Cement NewsGaradagh Cement intends to fight with the final act on resuls of tax inspection at the Ministry of Taxes, Uwe Koehler, the President of Garadagh Cement company, told Trend on Tuesday. In compliance with the data obtained by the Taxes Ministry, the Department of Preliminary Investigation under the Taxes Ministry filed a suit on the enterprise in compliance with Article 213.4 (evasion from payment of big taxes). As of totals of field tax inspection at the JSC, held from 21 February to 24 M... |
Vietnam likely to increase cement price06 October 2005, Published under Cement NewsVietnam will bring nationwide cement prices in line with regional rates at the beginning of 2006, the Ministry of Construction said. Locally made cement currently sells for US$45-55/t while Thai cement costs US$65 . Vietnamese producers are finding ways to cut production and transportation costs to keep the new prices competitive compared with other countries in the region. In the first nine months of this year, Vietnamese cement industry produced almost 13Mt more than double the amou... |
Titan and Essroc Sign multi-year cooperative agreement05 October 2005, Published under Cement NewsTitan America LLC and Essroc Cement Corp. have signed a cooperative multi-year agreement to jointly utilise Titan America’s Essex cement import terminal at Port Newark, New Jersey, upon completion of the modernization program underway. This will allow Titan to make better utilisation of its terminal investment and enable Essroc to meet anticipated demand following shutdown of its Nazareth 3 line. Titan America has already started major renovation and construction work at the terminal. The... |
Vietnam Cement Corporation produces 9.4Mt of cement in nine months05 October 2005, Published under Cement NewsThe Vietnam Cement Corporation (VNCC) produced and sold 9.4Mt of cement in the first nine months of this year, 800,000t higher than the same period of last year and fulfilling 78 percent of its yearly target. Despite facing numerous dificulties in production such as high input material prices and a shortage of electricity, the corporation, which controls 45 per cent of Vietnam’s cement market, has ensured stable supply of cement for the domestic market, helping stabilise the price of c... |
East and West regions grow fastest in FY05, India05 October 2005, Published under Cement NewsThe growth of cement consumption in various regions of India has changed significantly in FY05. The eastern and western regions have emerged as the fastest growing regions in FY05, whereas cement consumption has actually come down in the southern region in FY05. On the other hand, cement consumption has decelerated for the northern region. Though a majority of the regions are witnessing strong growth in cement consumption, certain regions have not only been subject to a slow-down in co... |
Port of Sacramento solidifies cement deal05 October 2005, Published under Cement NewsA bulk cement importing facility is to be built at the Port of Sacramento, following approval of the idea Monday by the Sacramento-Yolo Port District. The action clears the way for A&A Ready Mixed Concrete Inc. of Newport Beach to build the facility on 3.5 acres of port-owned land. It would allow ships to unload unbagged, bulk cement brought in from Asia. When in full operation, the cement facility could pay the cash-strapped port more than $1m a year in fees. A&A has been using the Sa... |
Garadagh Cement reports problems in Azeri construction sector05 October 2005, Published under Cement NewsThere are considerable problems in construction sector of Azerbaijan, said Uve Kohler, Garadagh Cement company’s board chair, at a press conference. He said two main factors affect cement market in the country: lack of cement at the market and availability of poor quality output. “Following marketing research we revealed that building materials of poor quality were used when constructing multi-story houses, and that is why they are not stable for earthquakes,” Kohler said. “In our turn,... |