Cement News tagged under: international
Holcim to look at new plant10 March 2005, Published under Cement NewsHolcim which supplies half of New Zealand’s cement, is considering building a second $100m plant that would double its capacity and reduce shipping and import costs. It is looking at sites in the South Waikato or King Country, to be close to the coal, limestone and power used to produce cement. Another option is to upgrade its existing Westport plant. That plant, producing 500,000t of cement a year, will stay open. The company also imports between 100,000t and 150,000t of cement from the... |
Zhaoshan starts building cement plant in Liuyang10 March 2005, Published under Cement NewsChinese cement producer Zhejiang Zhaoshan Xinxing Group started building a 1.35 bln Chinese yuan (US$163m) cement plant in Liuyang, Hunan province, southern China, on March 7, 2005. The facility will be the largest cement production base in Hunan and will have a daily production capacity of 5000 tonnes. The facility is planned to accommodate three production lines. Upon completion of the three lines, the annual production value will reach 1.8 bln yuan (US$217m). |
Iran’s cement industry set for higher output10 March 2005, Published under Cement NewsIran’s cement industry is striving to increase its production capacity by utilizing modern technologies, said a senior cement industry official on Tuesday, stressing that the private sector is taking a bigger share in the important sector’s development programmes. Houshang Adhami, a member of the Board of Directors of Iran’s Cement Association, told ISNA that the association is supporting projects to increase the production capacity of cement factories, adding that the giant Abyek facility h... |
Cement output to be raised09 March 2005, Published under Cement NewsThe Pakistani cement industry is poised to enhance the production to 35Mt in next three years from existing around 17Mt. It will be producing the surplus cement beyond the local consumption demands despite heavy taxation on this sector. Cement exports are noted at 90 per cent to Afghanistan with 10 per cent sold into the Middle East. A lack of export facilities hampers further sizeable growth. Local producers say this situation is giving an edge to Indian cement industry, which has captur... |
Holcim NZ looks for expansion09 March 2005, Published under Cement NewsHolcim New Zealand today said it was considering new manufacturing plants in the face of increasing consumer demand and production shortfalls. Holcim NZ’s Cape Foulwind plant, near Westport, was unable to meet current and future demand and extra cement was being imported to meet the shortfall. Holcim NZ today said it was considering upgrading its Cape Foulwind operation, or building replacement or additional plant at Westport, Oamaru, South Waikato, or King Country. "Drilling work is ... |
Argentina cement sales up09 March 2005, Published under Cement NewsArgentina’s cement sales increased 12.8 per cent year-on-year in February 2005, to 514,759t, according to data of the local association of Portland cement producers, released on March 8, 2005. Cement sales in Argentina registered a 5.9 per cent month-on-month decrease in February 2005. The supplies to the domestic market, including imports, stood at 508,745t, a 4.9 per cent month-on-month decrease and a 13.9 per cent year-on-year increase. Analysts maintain forecast for a 9.0 per cent... |
Star Cement in ascendancy09 March 2005, Published under Cement NewsStar Cement Bahrain, which acquired Hyundai Tiger Cement Bahrain, plans to invest US$25m to expand its production capacity to 1.2Mta. At present Star Cement Bahrain has a capacity of 500,000tpa. The company has two plants in the United Arab Emirates, one in Bahrain, one in Bangladesh and a bulk cement terminal in Sudan. Star Cement plans to have an optimum balance of technology and expertise backed by strong investment to ride the huge market boom propelled by rapid expansion of GCC eco... |
Holcim defers open offers as regulators delay approval08 March 2005, Published under Cement NewsHolcim’s twin open offers for 37 per cent in Associated Cement Companies (ACC) and 5.9 per cent in Ambuja Cement Eastern, which were slated to open on March 9, have been deferred with the Securities & Exchange Board of India (Sebi) yet to give its final go-ahead. Holcim, which struck a deal with Gujarat Ambuja Cements earlier this year to take a majority 67 per cent stake in joint venture firm, Ambuja Cement India - the vehicle which will be making the offers - will now have to wait at ... |
Italcementi gets approval to take over Suez Cement08 March 2005, Published under Cement NewsThe Egyptian government has accepted an offer from Italian cement group Italcementi to acquire a majority shares of Suez Cement, Egypt’s largest cement group. Through its French unit, Ciments Francais, Italcementi will increase its stake in Suez from 34.1 to 54 per cent for $153m, becoming entitled to appoint seven of the Egyptian group’s 13 board members. Suez Cement had a domestic market share of 22 per cent in 2003, with operating profit of $46m on sales of $186m. The government had ... |
Saudi Businessmen To Invest $169.9m in new plant08 March 2005, Published under Cement NewsA group of Saudi businessmen will invest 637 mln Saudi riyals ($169.9m) in the construction of a cement plant near the capital Riyadh, it was reported on March 1, 2005. The investors signed in February 2005 a contract with a Chinese company (Sinoma) to set up the plant, which will be operated by a closed shareholding company, to be established for the purpose. The company will later offer part of its shares to the public. The plant will have an initial capacity of 5000tpd clinker. |