Cement News tagged under: international
Vietnam to raise Red River delta cement output01 September 2005, Published under Cement NewsThe Ministry of Construction has mapped out a cement production development plan in the Red River Delta up to 2010, aiming to raise annual cement output to 18Mt by that year in a bid to ease shortages of the product in the region. Under the plan, the ministry will invest in building some new kilns in potential areas in provinces of Ha Tay, Ninh Binh, Ha Nam, Hai Phong and some other provinces; and raise capacity of existing plants. In addition, the ministry also encourages shifts from small ... |
Amran Cement Plant Expansion Project01 September 2005, Published under Cement NewsIshikawajima-Harima Heavy Industries Co., Ltd, Japan (IHI), has completed 90 per cent of constructive works and 60 per cent of technical works on the Amran Cement Plant Expansion Project, according to Saba news agency. Last week, Amran Governor Taha Abdullah Hajar, along with the director of Amran Cement Factory met with the Japanese Ambassador to Sana’a Yuichi Ichii, and a representative of IHI. The meeting focused on the work progress and delays in the project. The funding and investme... |
CRH cuts North American seasonal losses31 August 2005, Published under Cement NewsCRH’s first half turnover rose by 12.9% to EUR6,329.3m, with the EBITDA advancing by 14.3% to EUR708.2m and the trading profit (EBIT) moving ahead by 20.2% to EUR444.8m. Capital expenditure in the period rose by 31.9% to EUR347m, chiefly because of higher development expenditure, while spending on acquisitions was a modest EUR207m, compared with EUR802m in the first half of last year, which included buying the 49% stake in Secil. Net debt at the end of June stood at EUR3,268m to give a geari... |
Holcim Bulgaria to invest to raise capacity31 August 2005, Published under Cement NewsThe Bulgarian unit of Holcim will invest Eur 26m by mid-2006 to upgrade one of its plants in the country and bring its output capacity to 1.1Mt of cement a year, a senior official said on Tuesday. The investment will go mainly for reconstruction of the furnace at the Beli Izvor cement plant in northwestern Bulgaria that will increase the output of the facility to 2500t of clinker daily from 1500t now, Holcim Bulgaria’s CEO Todor Kostov told SeeNews in an interview. The Beli Izvor p... |
Cement demand expected to rise sharply31 August 2005, Published under Cement NewsDemand for cement in Vietnam will sharply increase to around 3Mt a month in the fourth quarter of the year, which is the peak construction season, according to the Government’s team for Market Control. The experts said, however, that cement prices will remain stable thanks to sufficient supply. The Vietnam Cement Corporation (VNCC) said to counter the negative effects of rising petrol prices, it has taken many measures to reduce production costs. Particularly, VNCC is accelerating the ... |
Asia Cement to benefit from Chinese region31 August 2005, Published under Cement NewsAsia Cement Corp, one of Taiwan’s leading producers of cement, will see substantial growth in sales because of the rise of the central Chinese region as the mainland government will move to boost infrastructure construction in that region. Asia Cement has made years of investments in such central Chinese provinces as Jiangxi and Hubei. Another Taiwanese cement producer Hsing Ta Cement is also expected to benefit from the development of the central Chinese region as it is planning to set up... |
Pretoria Portland Cement to expand30 August 2005, Published under Cement NewsPPC announces R1.36 billion Batsweledi cement capacity expansion project.The board of the company has approved the investment of R1.36bn to increase the company"s inland cement capacity in South Africa by just over one million tons per annum. The additional capacity will supply both future demand growth in the South African cement market and the eventual replacement of capacity from older production facilities which will be retired when market conditions allow. The ann... |
US, Mexico said to be near anti-dumping resolution30 August 2005, Published under Cement NewsMexico and the United States could be on the verge of resolving a 15-year dispute over Washington’s antidumping duties on Mexican cement, amid growing political pressure in the United States to increase imports to help alleviate shortages that have spread to most states. The Commerce Department imposed duties of as much as 60 per cent on Mexican cement in 1990, after a group of US and foreign cement makers complained their plants in the southern United States were being hurt by Mexican cemen... |
Indian cement prices expected higher30 August 2005, Published under Cement NewsIndian Cement prices are expected to rise sharply in the near future say local analysts. After a good spell of monsoons across the country and increased emphasis on infrastructure development, the demand for cement is likely to pick up smartly. The estimates of GDP growth in the current year have been revised up, indicating higher consumption-driven demand. As the construction sector is booming and capacity additions in cement sector have not kept pace with the rise in demand, cement produce... |
H+H hit by weaker British volumes30 August 2005, Published under Cement NewsH+H International, Europe’s second largest producer of aerated concrete, was its first half EBITDA drop by 24.3 per cent to DKr116.8m (€15.7m) on a turnover 5.6 per cent lower at DKr645.9m (€86.8m), as the British operations suffered from lower demand from the housebuilding industry in addition to the planned closure of the Borough Green plant for up-grading during the first two months of the year. Although prices in Britain were slightly ahead, this was not sufficient to cover the increase i... |