Cement News tagged under: international
HeidelbergCement’s Turkey Joint Venture Invests €100m10 June 2005, Published under Cement NewsTurkey’s Akcansa, a joint venture of HeidelbergCement AG and Sabanci Holding, said it would invest €100m to increase clinker production capacity to 5.7Mt from 3.8Mt by the end of 2007. Akcansa is the leading cement and ready-mixed concrete producer in Turkey. The company plans to invest in its Canakkale plant on the Aegean coast, which also serves HeidelbergCement AG’s international customers via its own deep water port facility. The joint venture was established in 1996. Akcansa opera... |
Japan Ryukyu Cement posts US$4.5m parent net profit FY 200410 June 2005, Published under Cement NewsJapanese cement and mineral products maker Ryukyu Cement Co in Okinawa, southern Japan, posted a parent net profit of 489m Japanese yen (US$4.5m/€3.7m) for fiscal 2004/2005, ended March 31, 2005, down 19.4 pct YoY The company posted 1.03bn yen (US$9.6m/€7.8m) in parent recurring profit, which is a pre-tax profit excluding extraordinary items, down 19 per cent. Parent sales revenue decreased 7.1 per cent to 9.64bn yen (US$89.9m/€73.4m). Ryukyu Cement marked decreases both in sales and pro... |
Cement prices stable for now10 June 2005, Published under Cement NewsCement prices in India are expected to be stable following the arrival of monsoon. The increase in production and despatches will be countered by the onset of the monsoon, which will prevent any fluctuation in the prices. Cement manufacturers including Associated Cement Companies (ACC) and Gujarat Ambuja Cements Ltd (GACL) registered an increase in production in May 2005. ACC reported a 12.02 per cent increase in cement production at 1.565Mt in May 2005 (1.397Mt in May 2004) while GACL repor... |
Cement Factory Inaugurates new filtering system10 June 2005, Published under Cement NewsAccording to “Jordan Times”, Minister of Environment Khalid Irani and Minister of Industry and Trade Sharif Zu’bi inaugurated a US$3.5m dust filter installed by the Jordan Cement Factories Company (JCFC) to help reduce emissions. The two ministers underlined the government’s commitment to rectifying the environmental situation of all institutions and factories in the Kingdom. JCFC Director General Rashid Ben Yakhlaf said the filter is part of the company’s efforts to address environmental co... |
Mary Nour: going, going, gone?09 June 2005, Published under Cement NewsHard to believe, but the ill-fated Mary Nour, still stranded in the port of Altamira, Mexico after almost one year of inactivity could be about to be given her freedom. After extensive wrangling with the local customs authorities, numerous court appearances, and various legal manoeuvres, ICR was told yesterday that a decision to release the ship could happen "any day". In fact the ship must have become a total embarrassment to local customs officials who might now also be taking the vi... |
China to build cement factory in western Iran09 June 2005, Published under Cement NewsChinese firm CNEEC signed a contact here Wednesday to build a cement production factory in the Western city of Hamedan. The contract was signed between an official of the Chinese company and Hamedan Mayor Khosrow Sameri. Sameri said that the plant will be totally financed by the CNEEC. It has the capacity of producing 3000t of cement daily, he added. The financing was secured by a 7m loan from China Import-Exports Bank. Of the sum US$ 33m will be allocated to cquisition of machinery... |
Price of cement to rise in Kabul09 June 2005, Published under Cement NewsCement prices in the Afghanistan capital Kabul have been on the rise following the closure of the under-construction Mahipar Road linking the city with Torkham. Most cement supplies from Pakistan reach Kabul via the Mahipar Road, which has been closed to all traffic for more than a month due to ongoing construction work. Officials at the Ministry of Mines and Industries reckon Afghanistan needs more than 200,000t of cement annually, with the lion’s share of it imported from neighbour... |
Vietnam to import 4.5Mt of clinker this year09 June 2005, Published under Cement NewsVietnam will this year have to import some 4.5Mt of clinker for cement production, the same amount as last year, the country’s biggest cement producer said on Wednesday. The producer, the state-owned Vietnam National Cement Corporation, will import around 2mt of clinker, mainly from Thailand, in 2005, it said, noting that its import prices currently stand at 28 US dollars per ton, up 30 percent against the same period last year. Vietnam imported nearly 2.6Mt of clinker worth US$77m in ... |
Sinoma wins US$78.87m cement plant bid09 June 2005, Published under Cement NewsSinoma International Engineering Co said it has signed a 652.8m yuan (US$78.87m) contract to build a cement production line for Guochan Industrial (Fujian) Cement Co Ltd. The construction period for the production line will be 20 months, said Sinoma. It also said that one of its units, CBMI Construction Co Ltd, has won a €20.28m (US$24.82m) bid to build a section of a cement production line in Morocco for Holcim Ltd, an international cement supplier. |
Carpatcement appeals over Romanian cartel fine09 June 2005, Published under Cement NewsCarpatcement, a unit of Germany’s HeidelbergCement will ask a local court to cancel an €8.6m fine by Romania’s competition watchdog for price fixing, the company said on Wednesday. The Competition Council fined the three operators in Romania’s cement market a total of more than €27m (US$33m) for forming a cartel to set prices between 2000 and 2004. "Our lawyers Salans are preparing the file for the Romanian Court of Appeal to submit this month. We are not seeking to appeal the decision... |