Cement News tagged under: international
Lithuanian pm looks to help local producer30 September 2005, Published under Cement NewsPrime Minister Algirdas Brazauskas said on Thursday that the government should consider ways to assist Akmenes Cementas, the only Lithuanian cement manufacturer, in expanding its production facilities. "I think that we and the Economy Ministry perhaps should help, as much as the European Union allow us to, to launch another technological line with a capacity of 600,000t of cement, and that would solve this issue completely," he told lawmakers. Brazauskas said that increased capacities at th... |
Brazil BNDES Approves financing to Polimix30 September 2005, Published under Cement NewsBrazilian National Social and Economic Development Bank (BNDES) approved financing of 75.4 mln Brazilian reais ($33.84m) to the local concrete producer Polimix Concreto Ltda. The funds will be earmarked for the construction of a cement producing plant in Rio Branco do Sul, in the southern Parana state. The plant will produce 900,000t of cement per year and it will start operations in 2007. The company decided to build the plant with the aim to reduce costs related to the purchase of cement. ... |
Lafarge’s management changes29 September 2005, Published under Cement NewsWas the replacement of Bernard Kasriel as chief executive of Lafarge from next January (when he will be only 59 years of age) by Bruno Lafont, brought forward as a result of the investment community’s disappointment with the first half results, or would it have happened anyway? To some extent, the poor first half results could have been foreseen, as the volume and price movements for cement in Brazil, Malaysia and South Korea had been published well ahead, giving analysts every opportunity ... |
SCCC shifts main focus as costs rise29 September 2005, Published under Cement NewsTo maintain its operating margin at a time of high energy prices, Siam City Cement Plc (SCCC), Thailand’s second largest cement maker, part-owned by Holcim, is putting more focus on high value-added products rather than relying on conventional types of cement, according to managing director, Leo Mittelhozer. Increasing energy costs have shrunk the company’s profitability, while at the same time, tough competition has kept cement prices low. As a result, SCCC yesterday introduced a new ... |
Croatian Dalmacijacement plans worker lay-off29 September 2005, Published under Cement NewsCroatian cement producer Dalmacijacement-RMC Group, controlled by Cemex, said on Wednesday it planned to lay off around 100 of its 700 workers under restructuring undertaken by the owner. Dalmacijacement joined the Cemex group in March, when the Mexican company completed the acquisition of the UK-based RMC Group, the parent company of the Croatian cement manufacturer. "The proposed changes would impact the organisation of the production process [...] and come as a result of detailed an... |
Chile cement sales up29 September 2005, Published under Cement NewsChilean cement sales increased to 7.7 million bags in August 2005, up 4.2 per cent year-on-year, the Chilean Chamber of Construction reported on September 27, 2005. Chilean cement sales increased 5.4 per cent year-on-year for the period from January to August 2005, reaching 61.1 million bags. The Chilean cement industry is expected to register a growth of 4.0 per cent in 2005 in comparison with 2004, according to Polpaico general manager Oscar Parada. |
Cement production capacity to reach 70Mt28 September 2005, Published under Cement NewsIran’s cement production capacity will reach 70Mt by the end of the 4th Socio-economic and Cultural Development Plan (2010), said an official at the Ministry of Industries and Mines on Tuesday. Safakish reminded that the country used to spend $1bn in order to produce 14Mt of cement in the past. However, $1.1bn is required to come up with production capacity of 40Mt. This saving mainly stems from using domestically-produced equipments and the country’s determination to move toward indigenizati... |
CCoP approves highest bids28 September 2005, Published under Cement NewsThe Pakistan Cabinet Committee on Privatisation (CCoP), chaired by Prime Minster Shaukat Aziz, approved here on Monday the highest bids received for Mustehkam Cement Ltd (MCL) and Javedan Cement Ltd (JCL). The MCL, at a share price of Rs 305, would fetch Rs 3.20 billion, while JCL, at a share price of Rs 80, would bring to the public exchequer Rs 4.315 billion. The CCOP also authorised Privatisation Commission to make an offer to the highest three bidders to raise their bids for Bolan Te... |
Baltsem Increases Cement Production28 September 2005, Published under Cement NewsThe Ukrainian Baltsem plant (Balakliia, Kharkiv region), one of the three major regional cement producers, increased cement production by 27.6 per cent or 55,100t compared with August 2004, to give a total of 255,100t. Clinker production increased by 39.9 per cent to 188,700t. Baltsem, which is registered as open joint-stock company, finished the year 2004 with a loss of UAH 27.3m. Its net revenues increased by 25.1 per cent or UAH 48.773 million to UAH 243.433 million in 2004, compare... |
Canacem demands tax-free cement exports to US28 September 2005, Published under Cement NewsMexican cement exports to the United States should be tax-free, National Chamber of Cement (Canacem) Adviser Rodolfo Cruz Miramontes said. Indeed, the official stated the 10 per cent customs duties reduction proposed by the United States is insufficient. The US Trade Department had earlier announced in August a preliminary decision for reducing customs duties set to Cementos Mexicanos’ (Cemex) exports from 54.97 to 40.54 per cent. |