Cement News tagged under: international
Cement sales rise on construction boom, India06 July 2005, Published under Cement NewsCement sales rose strongly in June as firms stepped up construction activity across the country spurred by strong growth in Asia’s fourth-largest economy. Sales rose 9.8% to 2.3Mt in June 2005 for the cement companies in the Aditya Birla Group over the year-ago period, while production climbed 13.5% to 2.3Mt. ACC said that its June shipments rose 10.5% over the year to 1.5Mt. The Mumbai-based company said production totaled 1.44Mt, up 9.9% YoY. Gujarat Ambuja reported a 10% rise in... |
Cemex And Ready Mix USA Complete JV05 July 2005, Published under Cement NewsThe US subsidiary of Cemex and Ready Mix USA, a private ready-mix concrete company with operations in the Southeastern United States, today announced that they have established a Joint Venture to satisfy the growing construction needs of the Southeast region of the country. Under the arrangement, Cemex will contribute two cement plants (Demopolis, AL and Clinchfield, GA), eleven cement terminals, and its ready-mix aggregates, and block assets in the Florida Panhandle and South Georgia to... |
CRH pretax profits rise again05 July 2005, Published under Cement NewsCRH announced that it expects that profit before tax for the six months to Jun. 30, 2005 will show a percentage increase in the high teens compared with 2004 (2004: Euro 319m on an IFRS basis). The company’s AGM statement issued on May 4, 2005 indicated that overall trading had been positive in the first four months with a strong start in American operations partly offset by the effects of severe March weather in Northern Europe which hampered activity in a number of its operations. T... |
Lafarge, Comex team up to build gypsum plant05 July 2005, Published under Cement NewsLafarge will team up with Mexico’s largest paint manufacturer Comex to build a gypsum production plant in the central state of Querétaro, local press reported. The two firms will also create a new company, Comex-Lafarge, to produce and sell gypsum panels. The products will be sold at Comex’s 3000 retail stores around the country. The companies expect the plant to begin operating in the second half of 2006. In June, Lafarge kicked off construction works on a new US$120mn plant in north... |
Oman Cement to boost output capacity05 July 2005, Published under Cement NewsMajority state-owned Oman Cement Company said on Monday it will increase its production capacity by 88 per cent to 3Mta, to meet increasing demand in local and international markets. Current output at Oman’s leading cement producer is 1.6mt annually, said Jamal Shamis al-Hooti, chief executive officer of the company. "The capital expenditure of the expansion project will largely depend on the technology," he said, adding that the cost would be met from general reserves and commercial loan... |
Qilianshan Cement to build two production lines04 July 2005, Published under Cement NewsQilianshan Cement Co. Ltd in northwest China’s Gansu Province announced recently that the company will invest 530 to 610 million yuan (approx US$70m) in building two new cement production lines. Sources with the company said one of the production lines will be built in Huangzhong County, Xining City, capital of northwest China’s Qinghai Province. Another production line will be in Baiyin City in Gansu Province. According to the company’s announcement, the 5000tpd dry cement production lin... |
Cement prices on decline, no need for import duties04 July 2005, Published under Cement NewsThere will be no need to impose regulatory duty on Pakistan’s cement imports since its the prices have already started to decline after increased supply by the industry, said Tariq Sehgal, the chairman of the All Pakistan Cement Manufacturers Association. “It won’t be needed, since the prices are going down already,” he said. The prices in the northern region have started to decline fast and have already come down to Rs 300 per bag, while the prices in the southern region are already unde... |
QNCC production capacity to increase04 July 2005, Published under Cement NewsQatar National Cement Company (QNCC) production capacity is expected to reach a total of 7000tpd cement by the end of this year when the new unit currently being assembled goes on stream in October, QNCC Chairman of the board Salem bin Butti Al Noeimi said recently. Al Noeimi told reporters during a field visit of the cement factory, that 80 per cent of the works on the unit being assembled has been completed and that once completed it would increase the plant’s production capacity by 3000tp... |
India Gujarat floods stop production04 July 2005, Published under Cement NewsHeavy rains over the past week in the industrialized western Indian state of Gujarat have halted operations of some companies, but major financial impact is unlikely, say analysts. Ultratech Cement said its plant in Amreli stopped producing cement on June 29. "The plant is still under water but production is likely to resume soon," a company spokesperson said, adding that Grasim’s textile units had not been affected. Gujarat Ambuja Cements Ltd. India’s third-largest cement maker by capacity,... |
Hainan’s largest cement production project operational04 July 2005, Published under Cement NewsA 2Mta cement plant has been put into production recently in Changjiang Li Autonomous County, South China’s Hainan Province, after construction for one year and a half. The plant, undertaken by the Sanya Huasheng Economic Development Company with an investment of 480 million yuan (US$58m), adopts the dry process. The annual output value is expected to reach 600 million yuan. |