Cement News tagged under: international
Cement consumption long-term growth intact, Thailand04 August 2005, Published under Cement NewsThai cement consumption growth decelerated in 2H05 and also decelerated to eight per cent YoY in 2Q05 from 18% in 1Q05. Cement consumption grew by 13% YoY in 1H05. According to analysts, cement demand growth will sustain at high single-digits for the rest of the year. This is to take into account the effects from slow sales in the rainy season and the construction slowdown in the residential industry. Cement growth of 11% for 2005E and 12% for 2006E is as follows. Cement growth was revi... |
Govt, Iran to jointly undertake US$200m cement plant04 August 2005, Published under Cement NewsVenezuela and Iran plan to build a US$200mn cement plant with construction commencing in three months as part of the political and economic alliance signed in March between the two nations, according to local news reports. The plant, which will have a cement production capacity of 1Mta, will be set up in the northeastern state of Monagas, basic industries and mining minister Víctor Alvarez was quoted as saying. It will produce Portland types I and II cement and will be 51% owned by Venez... |
ACC launches mobile concrete testing unit04 August 2005, Published under Cement NewsAssociated Companies Ltd (ACC) has announced the launch of `Grihamitra’, a unique mobile concrete testing unit, for its customers. Grihamitra, which will provide onsite services to the `individual house builders’ segment was launched in Bangalore Mangalore and Belgaum in Karnataka. The mobile concrete testing unit is equipped with the latest equipment to test the concrete and the aggregates used at construction sites and is manned by a technically trained customer service engineer ... |
Holcim Romania opens ninth "clean" concrete plant04 August 2005, Published under Cement NewsHolcim Romania said on Wednesday it spent EUR 1.5m ($1.8 m) to open its ninth environmentally friendly concrete plant.The plant employs technology to cut the amount of dust and noise it produces. It plans to open two more of the plants this year. It has nine others already in operation in Romania. |
Birla July cement shipments fall 3.6%, India04 August 2005, Published under Cement NewsAditya Birla group, India’s top cement producer, said July cement shipments fell 3.6 per cent from a year ago to 2.01Mt. The Birla group, comprising flagship Grasim Industries Ltd. and UltraTech Cement Company Ltd., produced 2.01Mt of cement in July, down 4.8 per cent from a year ago, a company official said. |
Gujarat Ambuja July sales down 8% YoY, India04 August 2005, Published under Cement NewsCement sales of Gujarat Ambuja Cements Ltd. stood at 0.9Mt in July as against 1.028Mt in the same month last year, registering a decline of eight per cent. Cement production during the month was 0.9Mt compared to 1.032Mt in July 2004, reflecting a drop of 8.04 per cent. Cement shipments for Ambuja Cement Eastern Ltd grew by 7.82 per cent to 0.12Mt from 0.115Mt in the same month last year. Output jumped by nearly eight per cent last month to 0.122Mt from 0.113Mt in the same month last year... |
Eagle Materials Inc reports record 1Q results, USA03 August 2005, Published under Cement NewsFor the quarter ended June 30, 2005, revenues and net earnings were US$205m and US$35m, respectively. Revenues increased 36 per cent over the prior year first quarter and net earnings increased 50 per cent over the same period last year. Diluted earnings per share for the first quarter of fiscal 2006 were US$1.91 compared with US$1.23 in the same period a year ago, a 55 per cent increase. The company also raised its earnings guidance for fiscal 2006 to a range of US$7.30 to US$7.60, and e... |
Cement Corporation to push up plant construction, Vietnam03 August 2005, Published under Cement NewsThe Vietnam Cement Corporation (VNCC) has just required its affiliates to take measures to accelerate construction of cement projects which are being materialised. Accordingly, in addition to tighten supervision over progress of the constructions, project managing boards need to review year investment plans to work out specific measures for the remaining time of the year. The corporation also asked its subsidiaries to obey orders and processes in the construction arena in parallel with... |
Ministry sees steady rise in prices of production materials in H2, China03 August 2005, Published under Cement NewsChina will continue to see a steady increase in prices of production materials during the second half of the year, though prices of some items will fall from the current high levels due to oversupply, Xinhua news agency reported, citing research notes released by the Ministry of Commerce (MoC). Prices of certain products, especially steel used for construction, will fall from high levels seen in the first half of this year due to increasing pressure of oversupply, the report said. Prices... |
USG to build its largest production line03 August 2005, Published under Cement NewsUnited States Gypsum Company, the domestic plasterboard arm of USG Corporation, is to build what it claims to be the world’s largest plasterboard production line on a 186 acre site at Washingtonville in north central Pennsylvania. Construction is expected to start next year, with completion scheduled for the first half of 2008. The annual capacity has been designed for approximately 93m m² and the new plant will be using desulpho gypsum from a near-by coal-fired power station. An environm... |