Cement News tagged under: international
Ghacem keeps on giving14 July 2005, Published under Cement NewsThe Ghacem Cement Foundation yesterday presented to 29 beneficiaries 30,000 bags of Portland cement worth C1.3 billion for the first half of the year. Addressing the beneficiaries, the Managing Director of Ghacem Mr. Morten Gade said that Ghacem has been supporting needy institutions in the health and education sectors that are deprived with cement to help in the construction of better facilities since 2002. He said the foundation was set up to give needy institutions that qualify, to benefi... |
Japanese concrete survey warning13 July 2005, Published under Cement NewsJapan’s bridges aren’t exactly falling down, but industry officials fear that many might be on the verge of severe deterioration. Cement manufacturers say the standard guarantee for concrete durability is 50 years. It means that a large number of concrete bridges, buildings and other structures erected during the nation’s high economic growth era will reach the end of the guarantee period in the coming years Taiheiyo Cement Corp and Oki Electric Industry Co. plan to market a new diagnost... |
Shares of Malaysian producers rise13 July 2005, Published under Cement NewsShares of local cement producers rose yesterday on news of a 50 per cent jump in the product price, as investors bet that business prospects would improve following the increase. YTL Cement Bhd, a unit of YTL Corp Bhd, rose nearly five per cent to close at RM2.20 yesterday. Cement Industries of Malaysia Bhd closed up five per cent at RM1.29. Leading cement maker Lafarge Malayan Cement Bhd gained 7.4 per cent, while Tasek Corp Bhd rose 0.4 per cent to close at RM2.31. The cement price sho... |
Ghacem warns beneficiaries of Cement Foundation13 July 2005, Published under Cement NewsGhana Cement Limited (GHACEM) on Tuesday said it would not hesitate to take action or blacklist beneficiary communities of its Cement Foundation who used the product for purposes other than what they have stated in their applications. Consequently, the Company has put in place a monitoring team that would ensure that cement given to communities were used for stated reasons and not for other purposes that they later defined after receiving the cement. Mr Morten Gade, Managing Director of G... |
Cement price jump surprises association12 July 2005, Published under Cement NewsMalaysian ready-mix producers, caught off-guard by the 50 per cent jump in cement prices to RM180 per tonne since July 1 2005, say the higher price will aggravate the slowdown in the construction and property sectors. Prior to the increase on June 30, the cement price was RM117 per tonne. The National Ready-Mixed Concrete Association of Malaysia (NRMCAM) said its members were caught by surprise. "One of our members received a phone call from one of the cement makers informing him of... |
Nirma to slash cement market prices12 July 2005, Published under Cement NewsNirma chairman Karsanbhai Patel today said he would unleash a price war in the cement market once the company started producing cement at its proposed 1.2Mta unit in Mahuva, near Bhavnagar, India. He also said that the group has decided to set up a 0.3Mt capacity coke unit in the same location primarily for captive consumption by Nirma’s soda ash and cement business. The surplus produce will be sold to other soda ash and cement companies, he added. “ I do not believe in cartelisation. ... |
Swiss cement sales up12 July 2005, Published under Cement NewsDomestic sales of the Swiss cement industry rose 14.1 per cent year-on-year to 1.28Mt in the second quarter of 2005, the industry association Cemsuisse said on July 8, 2005. A total 49.4 per cent of the cement deliveries were transported by rail and 50.6 per cent by road in the second quarter of 2005. In the first half of 2005, cement sales rose 8.1 per cent year-on-year due to the higher construction activity, primarily in the building construction sector. Cemsuisse expects a 6.0 per cen... |
Cement price set to rise early next year12 July 2005, Published under Cement NewsDespite higher production costs caused by higher fuel prices, Vietnamese cement prices will be regulated by the government until year-end, when a price hike comes into effect. According to Deputy Minister of Construction Tong Van Nga, nearly all cement producers have committed to keeping cement prices stable until the end of 2005. Quan Trong Dan, Deputy Director General of Holcim Cement Joint Ventures said that cement producers have been suffering losses due to oil price increases. More e... |
Developing cement shortage in the US12 July 2005, Published under Cement NewsAccording to the Portland Cement Association’s latest survey of cement suppliers in May, 23 states are currently experiencing cement shortages. The shortage, which has been ongoing since the spring of 2004, is due to both domestic and international factors. While domestic cement production increased from 93Mt to 95Mt in 2004, domestic consumption increased from 114Mt to 121Mt, according to data from the United States Geological Survey. The increasing consumption is most directly due to th... |
Birla to expand cement capacity11 July 2005, Published under Cement NewsNotwithstanding the ongoing bitter legal battle over its control, the Rajinder Lodha controlled Birla Corporation, the flagship company of M P Birla group, plans to substantially expand its cement capacity. A completely new one million tonne cement unit, Durgapur Hitech Cement, was in the final stages of completion adjacent to the company’s existing cement plant at Durgapur. With the commissioning of this new plant, the total capacity of the Durgapur unit would go up to 1.6Mt and on completi... |