Cement News tagged under: international
Large cement project operational in Heilongjiang03 October 2005, Published under Cement NewsThe first phase project of Binzhou Cement Company, a super-large cement producer in Northeastern China’ s Heilongjiang Province, was completed and put into production on September 29. The first phase project including a cement clinker production line and cement pulverizing line is capable of producing 5,000t of cement clinker daily and 3Mt of cement annually. When the second cement pulverizing production line of the same scale is completed in 2006, the Binzhou Cement Co, Ltd. will f... |
Eurocement Group mills make 15Mt of cement in 8M200503 October 2005, Published under Cement NewsFrom January through August 2005, mills incorporated in the Eurocement Group holding company made 15Mt of cement. The group’s Ukrainian businesses accounted for over 1.8Mt of cement made. |
Jurong Cement warns of H1 to September losses03 October 2005, Published under Cement NewsJurong Cement Ltd said it expects to report losses in its first half to September results, citing operational difficulties in China. It said Beijing’s efforts to cool the Chinese economy had negatively affected cement selling prices in the first half of the company’s financial year. Power interruptions and delays in technical upgrading at one of its production lines also resulted in low sales for the period. "The directors, there anticipate that the China operations and the gr... |
Again Job Cuts at Dutch ENCI03 October 2005, Published under Cement NewsDutch cement factory ENCI will be affected again by job cuts, the parent company, German cement producer HeidelbergCement AG, said on September 29, 2005. Under a large European restructuring HeidelbergCement will cut 68 jobs at its Benelux-based subsidiaries within 18 months, a half of which at ENCI and the other half in Belgium. The job cuts involve administrative and managing personnel. HeidelbergCement said earlier in September 2005, it would cut 1,100 jobs in Europe to improve... |
Cement shortage looms in eastern Africa03 October 2005, Published under Cement NewsAn acute shortage of cement is looming in eastern Africa following the return of peace in Sudan and the easy calm in the Democratic Republic of the Congo, which has sparked a vibrant economic environment, cement producers said here Friday. The increased cement consumption from the construction industry in Kenya, Uganda, Rwanda, southern Sudan and Madagascar have spurred growth and increased demand in the region, coupled with the extension of public utilities in the Middle East, they said.... |
Syria, China to build cement factory03 October 2005, Published under Cement NewsA Chinese public company for construction inked on Thursday a memo of understanding in Beijing with a Syrian private company for development to build a black cement factory near Damascus, Syrian daily on Friday announced. Cino Hydro company for constructions and Syrian Farzat company for development will establish a joint company called the Syrian Company for Cement which is a stock company that will build a black cement factory at Adraa, district near Damascus, Al-Baath paper said. Th... |
Growing demand blamed for cement price hikes03 October 2005, Published under Cement NewsA senior Ministry of Industries and Mines official said that growing international demand and high oil prices are responsible for the recent hikes in cement price, rejecting reports that the Ministry has failed to regulate the market properly. Abbas Safakish, the ministry’s director general for mineral affairs, told ILNA that cement prices have gone up on the international markets, adding that prices increased in Iran despite a meager 1.5 per cent rise in production. He said Iran expor... |
Spanish Prasa Buys Tunisian-Algerian Sotacib30 September 2005, Published under Cement NewsSpanish property group Prasa has fully acquired Tunisian-Algerian white cement company Societe Tuniso-Algerienne de Ciment Blanc (Sotacib) for 97 mln Tunisian dinars ($72.4m), it was reported on September 29, 2005. The transaction has been reported to the Tunis Stock Exchange. Sotacib has a share capital of 24 mln dinars ($17.9m). The company generated a turnover of 33.8 mln dinars ($25.2m) for 2004. In early 2004, the Tunisian and Algerian governments chose French bank BNP Paribas to a... |
JSX Reprimands Semen Cibinong over closure plan30 September 2005, Published under Cement NewsPresident Director of the Jakarta Stock Exchange, Erry Firmansyah temporary suspended the trading of Semen Cibinong’s share on the (26/9) in order to force the management to disclose the information on the plant closure plan to all investors. Erry were disappointed that the management first disclosed the information to the media instead of to the JSX. The capital market regulation stated that all issuers should report its corporate actions to the bourse before disclosing the information to t... |
Paraguay’s new plan to privatise companies30 September 2005, Published under Cement NewsParaguay’s government has asked the International Monetary Fund (IMF) to extend the current economic agreement to give it time to negotiate a new deal that would include private management and injection of private capital into state-owned companies, local press reported. The landlocked country’s present agreement with the IMF expires September 30, so there is very little time for the government to wrap up all the necessary negotiations for a new three-year accord to last until 2008. "For... |