Cement News tagged under: international
Quarry Supply Companies Under Threat29 June 2005, Published under Cement NewsThe British Aggregates Association is calling for the five multi-national mineral companies who now control almost 80 per cent of the quarrying industry to review their policy on buying in plant, equipment and services. The association received numerous complaints about this practice during the recent Hillhead show from companies unable to get onto preferred bidder lists. Association director - Robert Durward notes: “Although I can understand the desire for a centralised buying regime, unl... |
Poland’s first lady says CRH gave cash to charity28 June 2005, Published under Cement NewsThe wife of Poland’s President, Jolanta Kwasniewska, has confirmed that a children’s charity she founded was the beneficiary of a €125,000 donation from the construction group CRH, Ireland’s biggest company. She strenuously denies there was anything underhand about this.Ms Jolanta Kwasniewska, says that through intermediaries, CRH made the contribution in 1997. A spokesperson for CRH last night denied any direct or indirect payment or any authorisation of payment to any Polish gover... |
Indonesia cement plant study may take a year28 June 2005, Published under Cement NewsIndonesia’s largest cement maker, PT Semen Gresik Tbk, said on Tuesday it may take up to a year to study plans for a new 4-trillion-rupiah cement plant, which could add 2.5-3.0MT of annual capacity. Executives at a shareholder meeting did not say why the study was being extended from previous estimates. In May, the company had said it expected to take a month or two to finish the study. Finance Director Cholil Hasan said after the meeting that the company may seek up to three trillion ... |
Dalmia Cement factory officials get bail28 June 2005, Published under Cement NewsThe Madurai Bench of the Madras High Court has granted bail to the four officials arrested in connection with the collapse of the ’belt conveyor gallery’ at Dalmia Cement factory at Dalmiapuram, near Tiruchi, which claimed 13 lives on May 28. Granting the bail yesterday, Justice S R Singaravelu directed the four to appear before the investigation officer whenever required. The judge also granted anticipatory bail to three other officials of the cement company with the direction that the... |
Boral cements costs rise27 June 2005, Published under Cement NewsBuilding materials group Boral has admitted to a A$44 million cost hike that has almost doubled the cost of upgrading its Waurn Ponds cement plant in southern Victoria. The anticipated costs would now reach $89m, up from an anticipated A$45m, at a project to increase clinker and cement capacity at the Waurn Ponds plant to 800,000tpa, it said. The company blamed higher steel costs, labour issues, an inaccurate original quote from the project’s head contractor, the extended scope of the proj... |
Dyckerhoff job losses27 June 2005, Published under Cement NewsGerman cement company Dyckerhoff said it has decided upon downsizing measures that will result in the loss of 100 jobs, with one-time plant closure costs amounting to approximately EUR30m. The company said its downsizing plan will help it upgrade the capacity utilization rate of its remaining plants and achieve cost and capex cash savings in the range of EUR10m a year on a permanent basis. Dyckerhoff will discontinue the production of clinker for grey cement at the Amoeneburg plant in Wie... |
China’s cement production recovering27 June 2005, Published under Cement NewsChina’s cement production recovered quickly in recent two months after a sharp slide since April last year when the government took harsh macro economic control measures to rein in overheating of fixed assets investments, particularly in iron and steel, real estate, cement and electrolytic aluminum industries. According to official statistics, China produced 361.20Mt of cement in January-May, an increase of 5.8 per cent year on year, up from 4.1 per cent for the first four months and 1.2... |
Taiwan Cement plans more investment in China27 June 2005, Published under Cement NewsTaiwan Cement Corp plans to invest US$300m to increase its annual production capacity in China to 20Mt, the Economic Daily News reported Saturday. Taiwan Cement Chairman Koo Cheng-yun said he plans to establish his company as one of the three biggest cement producers in China, the newspaper cited Koo as saying. The cement market in Taiwan has reached maturity, the paper quoted Koo as saying, and China, which needs 900Mt of cement annually, is the company’s expansion direction, Koo said. T... |
Vietnam to spend $456M on plant conversions27 June 2005, Published under Cement NewsVietnam will invest $456m into changing technology from shaft kiln to rotary kiln for 20 cement plants. The process is expected for completion in 2009 and the 20 plants will attain annual capacity of 6.54Mt, three times higher than their current capacity. The Government will not allow building shaft kiln cement plants and targets to remove the old technology in Vietnam before 2020, said the Construction Material Department under the Ministry of Construction. Besides blast furnace plants, t... |
Indian Century Group to invest27 June 2005, Published under Cement NewsCentury group will invest Rs 50 crore in the North-East (NE) to increase the installed capacity of its existing cement plant in Meghalaya. The cement plant, which is under Cement Manufacturing Company Ltd (CMCL), has an existing capacity of 0.35Mta. The capacity would be increased to 0.5Mta. CMCL is a joint venture between Century group and Shyam group that sells cement under ’Star’ brand in NE states. The chairman of CMCL Sajjan Bhajanka said that the new capacity addition would be... |