Cement News tagged under: international
Oman’s Raysut to increase cement output25 August 2005, Published under Cement NewsOman’s Raysut Cement Co. (RCC) said on Wednesday its third production line would increase total output to almost 2Mta to meet the country’s increasing demand. The new line, with a capital expenditure of $50m, is due to come on stream within two months and has an installed capacity of 1Mta. "We are operating at 100 per cent capacity now," said Mohammed Ahmed al-Dheeb, general manager of the company, adding that RCC is also upgrading its two production lines, which will add another 750,000t o... |
South fuels cement boom25 August 2005, Published under Cement NewsIt is the southern states of India that are fuelling the sharp improvement in the fortunes of the cement industry in the first five months of the current fiscal. The southern region witnessed an offtake growth of 18 per cent during the April-July 2005 period as against a negative growth of 6 per cent in the corresponding period of the previous year. This performance has enabled the industry to double the overall cement consumption from just 4 per cent last year to 8 per cent in the April-Jul... |
UltraTech Cement opts for captive power plants25 August 2005, Published under Cement NewsUltratech Cement Ltd has earmarked Rs 600 crore for installation of captive power plants, chiefly a 92-megawatt lignite-based plant at Gujarat Cement Works, which will be commissioned by July 2007. This will lead to savings in power costs of Rs 110 crore annually for the company, said Mr Kumar Mangalam Birla, Chairman, UltraTech, at the company’s AGM on Wednesday. An additional Rs 190 crore has been earmarked as capital expenditure towards de-bottlenecking plants and for introducing measures... |
Calyon Bank Egypt: the financial advisor of Suez Cement Company in the acquisition of ASEC Cement24 August 2005, Published under Cement NewsCalyon Bank Egypt has recently announced being the financial advisor of Suez Cement Company in one of the largest tender offers made on the Cairo Stock Exchange. The acquisition of ASEC Cement, Egypt’s fourth cement producer by Suez Cement Company, Egypt’s top cement producer. The acquisition of ASEC Cement is carried out by Suez Cement Company, of which the Italcementi Group acquired the control at the start of this year through Ciments Français, and in cooperation with other local an... |
Business chamber questions Southern Cross cement imports24 August 2005, Published under Cement NewsCement firm Southern Cross Cement Corp (SCCC) is currently being investigated by the Bureau of Customs (BoC) for allegedly undervaluing its import entry declarations and for the alleged illegal withdrawal of Portland cement it imported from Japan. The probe came after the Philippine Chamber of Commerce and Industry (PCCI) called the agency’s attention to SCCC’s alleged undeclaration of 46,000t of cement it imported from Japan. In a letter to the BoC, the PCCI also claimed SCCC which re... |
Vietnam Deputy PM Praises speedy cement factory builders24 August 2005, Published under Cement NewsDeputy Prime Minister Nguyen Tan Dung has praised officials and workers for their efforts to accelerate the construction of the Hai Phong Cement Factory, a key State project. In a visit to the construction site in the northern port city’s Thuy Nguyen District on Sunday, Dung reminded officials and workers that it was important to keep construction on schedule but warned against compromising quality or safety. The project will have a cement production capacity of 1.4Mta, with total capit... |
Four mega cement projects under construction in Ilam24 August 2005, Published under Cement NewsAccording to Tehran Times, four cement production plants with a daily production capacity of 3,900,000t are being constructed in Ilam, a provincial official in this western Iranian province. Dehloran Cement plant, planned to produce 1Mt of cement per day, will become operational within the next two years. The project is expected to create 400 job opportunities in Dehloran,² noted the head of the Ilam¹s Organization of Industries and Mines as saying. He added that Badreh Cement plant, the cons... |
Zhigulevskiye Construction Materials produce 510,000t of cement in first seven months of 200524 August 2005, Published under Cement NewsZhigulevskiye Construction Materials boosted production almost by 13 per cent in January-July 2005 (part of Eurocement Group). In sum, in the first seven months of 2005 the company made around 510,000t of cement, an increase of 57,700t from the figure posted in the same period 2004, press service of Eurocement Group reported. |
Iranian cement export24 August 2005, Published under Cement NewsIran exported some 188,000t of cement, worth US$9.946m, during the first four months of current Iranian calendar year (started March 21, 2005). According to Public Relations Department of Iran’s Mine House, the figure on export showed increases of 109.3 and 103 per cent in terms of weight and value respectively compared to the similar period the previous year. The average price for each tonne of Iran’s cement stood at US$53, the report said. It added that Iran exported over 42,000t of cem... |
Orascom behind Algeria’s first white cement plant23 August 2005, Published under Cement NewsOrascom Construction Industries, which is rapidly growing its cement interests, has placed a EUR 111m contract with F. L. Smidth to supply equipment for a white cement plant that it is building in northern Algeria. Orascom, which already owns 100% of Algerian Cement Company, that started production at its 2.2Mt grey cement plant last year, with a doubling of capacity already announced, hopes to bring the white cement plant, Algeria’s first, on stream around the middle of 2007. The plant, w... |