Cement News tagged under: international
Vietnam Faces Cement Shortage in 200514 March 2005, Published under Cement NewsThe Vietnam Cement Corp. VNCC) has predicted that the shortfall of cement would continue this year due to booming demand. The cement demand is estimated at 29.1Mt while production volume will be just 22.6Mt this year, said the country’s largest cement producer. The annual demand growth has been 15 per cent and supply growth 10 per cent in the last two years, aggravating the deficit. The Ministry of Construction said there were no cement imports so far this year. To cope with this... |
Aceh rebuilding to start March 26, Indonesia14 March 2005, Published under Cement NewsThe Indonesian government will officially kick off rehabilitation and reconstruction programs in tsunami-ravaged northwestern Aceh province on March 26, the Jakarta Post reports. The reconstruction process will follow an official blueprint that Indonesia’s President Susilo Bambang Yudhoyono will approve later this month, the report says, citing Coordinating Minister for People’s Welfare, Alwi Abdurrahman Shihab. Analysts say reconstruction of Aceh, which was the worst hit by the Decemb... |
Cement industry hit by higher coal prices11 March 2005, Published under Cement NewsVietnam’s cement industry has been seriously hit by surging coal prices, a major fuel used to produce cement, said cement producers at an industry seminar in Hanoi March 9. The prices of coal have so far increased from VND110,000 to VND120,000 (about US$7) per ton, according to producers. Also, diminishing supplies of coal for cement kilns are hurting the operations of the domestic cement industry, said Le Van Chung, deputy chief executive of the state-owned Vietnam Cement Corp. (VNCC)... |
Lafarge to complete new cement works in Mexico11 March 2005, Published under Cement NewsLafarge expects to complete the construction of a new cement works in thestate of Hidalgo by the end of 2005 or the beginning of 2006. The head of Lafarge’s Mexican operations, Maximo Dolman, said the plant will initially produce about 600,000tpa of cement, with the possibility of doubling the production capacity in the future. The company has invested US$120m in the new plant. |
Kryvyi Rih Cement increases production11 March 2005, Published under Cement NewsKryvyi Rih Cement (Dnipropetrovska region, Ukraine), one of the countries five largest cement producers, increased cement production by 12,200t or 29 per cent to 54,300t in January, compared with January 2004. According to company spokesman, in January 2005 Kryvyi Rih Cement produced 98,174t of clinker. In 2004 Kryvyi Rih Cement increased cement production by 10.3 per cent or 126,000t to 1,347,000t, clinker production - by 8.7 per cent or 74,000t to 922,000t. The works has a design annual... |
Fletchers to spend on cement expansion11 March 2005, Published under Cement NewsIncreasing demand for cement from the New Zealand building boom has prompted Fletcher Building to spend $60m on its plant at Whangarei. Mark Binns, Fletcher’s chief executive of concrete, said last year was a record for Fletcher’s domestic sales of cement at 673,000t. But when the upgrade of its Golden Bay Cement plant at Portland, south of Whangarei, was completed, Fletchers would be able to produce closer to 920,000t. The plant’s coal-firing system and cooler have already been upgraded,... |
Lafarge starts Batangas expansion10 March 2005, Published under Cement NewsLafarge Cement Services (Philippines), Inc one of the country’s largest cement manufacturer, plans to invest P250 million this year to increase the production capacity of its Batangas plant. But it also wants the government to protect the cement industry from cheap foreign competition. Company president Erdogan Pekena said the capacity of the Fortune Cement plant in Taysan, Batangas will be raised to 3200t daily from 2600tpd. "That’s purely to increase the capacity of the plant and improve i... |
New grinding plant for Sudan10 March 2005, Published under Cement NewsCement Industries Malaysia Bhd (Cima), the country’s third biggest cement producer, plans to set up a M$50m (US$13.1m) grinding plant in Sudan to expand its export market, the New Straits Times reported. The newspaper quoted Cima’s managing director Rosli Shariff as saying that the company is talking to some potential partners from Saudi Arabia and Sudan about setting up the plant. He said the plant will cater for the Sudan market where there is a shortage of cement. Sudan imports about 2Mt o... |
Indonesia expects immediate construction of three plants10 March 2005, Published under Cement NewsThe government is expecting the immediate construction of three new cement plants worth US$481.2m after the issuance of investment permits to three foreign investors, the Investor Daily reported quoting Minister of Industry Andung Nitimihardja. "The foreign investors will team up with local partners. At the latest, they will realise (their investments) next year," Investor quoted Nitimihardja as saying. The Ministry of Industry’s Director for Downstream Chemicals Tony Tanduk said the three f... |
New VAT rates could stimulate market10 March 2005, Published under Cement NewsMuch of India may be losing sleep over a rise in sales tax to 12.5 per cent from 8 per cent once value added tax comes into effect next month. But South-based cement majors such as India Cements, Madras Cements, Dalmia Bharat, Chettinad, ACC and Zuari Cement are anticipating good times with VAT. They expect their sales realisations to go up by at least Rs 12-15 per bag once the four Southern sisters move to VAT from April 1. The biggest impact will be felt by Tamil Nadu and its market lead... |