Cement News tagged under: international
Cimpor Brazil sees 2005 exports more than double17 June 2005, Published under Cement NewsCimpor Brasil, the Brazilian unit of Portugal’s cement maker Cimpor, is expected to more than double its exports in 2005, compared with the previous year, it was reported on June 16, 2005. The company exported 84,000t of cement in 2004 and expects to export 200,000t in 2005. The exports of Cimpor Brasil totalled 58,000t in the first five months of 2005, and almost all shipments were earmarked for African counties. According to Cimpor Brasil sales executive, Joao de Avelar Ghira, Cimpor is ... |
Iranian cement production capacity set to increase17 June 2005, Published under Cement NewsAccording to “Tehran Times”, upon the completion of the construction of several new cement plants across the country, national cement output will rise by 4Mt. Three plants are expected to come into operation this year in Fars, Isfahan (Kashan) and Hormozgan (Qeshm). Iran’s cement production capacity will then reach 37Mta. Meanwhile, further new plant completions and upgrade projects will boost the total output up to 70Mta by the end of the Fourth Development Plan (2005-10). Cement industry of... |
Pricing of TPI Polene shares expected in July16 June 2005, Published under Cement NewsPricing for the 249-million-share private placement of TPI Polene is expected to be finalised by next month, according to Kim Eng Securities, the financial adviser for the offering, the Bangkok Post reports. Sittichai Mahaguna, an executive vice-president at Kim Eng, said the company was now preparing information for potential bidders on the stake. Thai Petrochemical Industry plans to auction its 49 per cent holdings in TPI Polene, the country’s third largest cement producer, to raise up t... |
Akmenes cement sales16 June 2005, Published under Cement NewsAkmenes Cementas, Lithuania’s only cement manufacturer, posted sales of 12.324 million litas (EUR 3.57m) for the first five months of 2005, a decline of 2 per cent from the year-earlier figure of 12.556 million litas. In May alone, the sales shrank by 3.8 per cent, year-on-year, to 32.29 million litas. "Although the State Non Food Products Inspectorate (VNMPI) has banned imports of bulk cement with significant content of harmful substances, i.e. hexavalent chromium, from Belarus, imports... |
Peru’s May cement sales fall16 June 2005, Published under Cement NewsPeru’s overall cement sales in May fell a tiny 0.02 per cent to 401,846t from the 401,945t sold in the same month a year before, the National Association of Cement Producers, or Asocem, said Wednesday. In the first five months of the year, cement sales totaled 1,940,261t, a 3.9 per cent increase from the same period a year earlier. Cementos Lima led the sales in May, selling 212,480t of cement, which includes 72,697t for export, the association said. |
FCC completes Giant upgrade16 June 2005, Published under Cement NewsCementos Portland Valderrivas, the cement division of Spanish construction and services group FCC, has expanded its US activities with the inauguration of a new $132m line at its giant Cement operation in Harleyville, South Carolina. The company has three production facilities in the US. The new plant replaces an existing, outdated facility while energy consumption has been reduced by about 50 per cent. Cementos Portland Valderrivas has invested $650m in the US market in the past six years. |
Philippines’ Fortune Cement to merge with Continental15 June 2005, Published under Cement NewsFortune Cement Corp said its board of directors has approved the company’s merger with another Philippine cement maker, Continental Operating Corp, with Fortune Cement as the surviving entity. The merger will improve cost efficiency and widen the two companies’ market reach on the main Philippine island of Luzon, Fortune Cement said in disclosure to the stock exchange. Continental is a unit of another listed company, Republic Cement Corp. The merger will involve the issuance of abo... |
Thailand’s TPI Polene share sales could raise $250m15 June 2005, Published under Cement NewsKim Eng Securities (Thailand) has been chosen to advise Thai Petrochemical Industry (TPI) on the sale of its 30-percent stake in cement maker TPI Polene, TPI’s debt administrator said. Kim Eng will reveal details of the auction of the shares due in the last week of June, Trithip Sivakriskul, a member of TPI’s government-appointed management team, said. "We chose Kim Eng for our financial advisor because the firm proposed the lowest fee at 0.25 percent of the transaction," she said. ... |
Spanish consumption at 20.57Mt Jan-May 200515 June 2005, Published under Cement NewsCement consumption in Spain increased 5.49% YoY to 20.57Mt in the first five months of 2005, the Spanish Cement Makers Association (OFICEMEN) said. In May 2005 alone, cement consumption rose 11.26% YoY to 4.57Mt. Cement production in Spain increased by 5.4% YoY to 19.87Mt in the first five months of 2005. Spanish cement exports went up by 0.76% YoY to 619,418t between January and May 2005. Imports for the period fell by 14.9 pct year-on-year to 3.4Mt. In the 12 months to May 2005, ... |
Cyprus May 2005 cement sales drop to 134,000t15 June 2005, Published under Cement NewsCement sales in Cyprus dropped to 134,000t in May 2005 compared to 138,000t for the same month of 2004, according to data published by the island’s National Statistics Service (NSS). It is the first time after a period of 16 months that the island’s cement sales mark a drop, which might be attributed to bad weather conditions in May 2005, according to NSS. Cyprus cement sales for January to May 2005 increased to 679,000t compared to the same period of 2004 when 612,000t of cement were ... |