Cement News tagged under: international
Indonesia Semen Gresik eight month cement sales up 5% on Year21 September 2005, Published under Cement NewsPT Semen Gresik said its cement sales in the first eight months of this year rose 5% on year to 10.66Mt, driven by an increase in domestic sales. Indonesia’s largest cement maker said its domestic cement sales rose 8.3% to 9.40Mt. Its exports, however, fell 15% to 1.26Mt. |
UAE Dubai Holding, Egypt Orascom Construction Industries set up Emirates Cement Co21 September 2005, Published under Cement NewsUAE Dubai’s state-owned company Dubai Holding and Egypt’s Orascom Construction Industries have announced the establishment of a joint project, the Emirates Cement Company. The newly-established cement company has already started cooperation with Fujairah’s Government, in order to open a cement factory in the emirate with an annual capacity of three million tonnes. Emirates Cement Company is the first project of Dubai Holding in Fujairah. |
Madras cements to set up wind mills, thermal power plant21 September 2005, Published under Cement NewsMadras Cements Ltd (MCL) has commissioned a 38MW (MW) capacity captive thermal power plant at its Alathiyur unit in Tamil Nadu. It is investing Rs110 crore in expanding captive power generation capacity to 100 percent of requirements at its other units. It is adding windmills to increase captive power generation by 12 megawatts for its RR Nagar unit in Tamil Nadu. It is setting up a seven-MW capacity thermal plant at its Jayantipuram unit in Andhra Pradesh. The Company is getting seven... |
Cement production up 9.9%, Ukraine21 September 2005, Published under Cement NewsIn August, cement production fell by 3.7% to 1,328,000t compared with July. In January-August, cement production rose by 9.2% compared with the same period of 2004, to 7,963,000t. As Ukrainian News earlier reported, in July, cement production rose by 13.1% compared with July 2004, to 1,380,000 tons. In 2004, cement production rose by 19.3% or 1,719,000t compared with 2003, to 10,635,000t. More than 15 enterprises produce cement in Ukraine, and their total a... |
Ciments Francais plans acquisitions in India, Turkey21 September 2005, Published under Cement NewsFrench cement producer Ciments Francais SA, a subsidiary of Italian cement group Italcementi, is not excluding the possibility to expand its foreign activities through acquisitions in southern India and Turkey, Ciments Francais president, Yves Rene Nanot said. Nanot was interviewed during a press conference held after the presentation of the company’s first half 2005 financial results. After strengthening its presence in Egypt through local Suez Cement unit, Ciments Franca... |
Cementos de Chihuahua to invest US$4.0m per year in R&D Centre21 September 2005, Published under Cement NewsThe president of Cementos de Chihuahua, Federico Terrazas, said that the new R&D centre would double the innovation and R&D investments of the cement maker. Terrazas said that the company had studied various options to build a similar centre elsewhere, most probably in the USA. The centre cost some US$5.0m (EUR4.1m), Terrazas added. Cementos de Chihuahua plans to research in the centre the possibilities on elaborating a new, fast-drying cement type. The invention of suc... |
Cement prices firm up in Aug, rise by 2.3 per cent16 September 2005, Published under Cement NewsCement prices hardened further last month across the country except in a few markets such as Bhatinda, Chandigarh, Kolkata and Hyderabad. Data from the Cement Manufacturing Association (CMA) show the prices rose by an average 2.3 per cent in August compared with the figure an year ago. The prices during the first five months of the current financial year till August increased by around 1.2 per cent. The biggest rise was recorded in Meerut, Uttar Pradesh, where the prices firmed u... |
UK Blue Circle Sets Up Subsidiary in Argentina16 September 2005, Published under Cement NewsCompanies in the construction sector, which have experienced a downturn in building activity in recent years, are confident the future of the industry may be bright. The construction sector has fallen victim to Zimbabwe’s economic hardships, dramatised by high interest rates and shortages of fuel and building materials that have limited the number of building projects. The construction sector has fallen victim to Zimbabwe’s economic hardships, dramatised by high interest rates and shor... |
UK Blue Circle Sets Up Subsidiary in Argentina16 September 2005, Published under Cement NewsBritish cement group Blue Circle, a subsidiary of Lafarge, has set up a subsidiary in Argentina. The subsidiary will specialise in the retail and distribution of primary materials and construction products. The unit will operate under the Santa Pamela brand. Lafarge also owns the brands Klaukol, Durlock and Cementos Avellaneda. Currently Lafarge is holding talks over the acquisition through its subsidiary Materis Peintures of the Argentine paint company Colorin for around ARP30m (US... |
Offer for Javedan Cement same as PC reference price16 September 2005, Published under Cement NewsIt is a coincidence that the Privatisation Commission (PC) has received the same offer for Javedan Cement Limited (JCL) as was approved by the Cabinet Committee on Privatisation (CCoP), headed by the Prime Minister Shaukat Aziz, it is learnt. Documents made available to this scribe showed that M/s Riaz Ahmad & Co, Chartered Accountants, had worked out Rs 68 per share under asset valuation method and the government had to receive Rs 3.668bn through sale of 96.34 percent shares. The ... |