Cement News tagged under: international
Cement industry grows despite falling indices, Iran23 February 2005, Published under Cement NewsA senior economic official saidthat a major portion of the US$5bn worth of funds the government allocated for private enterprises in the year to March 2005 has been invested in cement industry. Mohsen Safaei-Farahani, deputy Minister of Economic Affairs and Finance, told Fars News Aagency that the cement industry has improved greatly over the past one and a half years due to state financial support. He said the fall in indices of cement companies has come in the wake of the government’... |
Baticim to produce 1.5Mt cement in 2005, Turkey23 February 2005, Published under Cement NewsTurkish cement, clinker and ready mix concrete producer Bati Cimento (Baticim) plans to produce 1.5Mt of cement in 2005. The company increased its cement output by 5.2 per cent YoY to 1.417Mt in 2004, Baticim board chairman and CEO, Tufan Unal, said. The company’s factory broke its clinker and ready mix concrete record in 2004 producing 1.455Mt of clinker, up 2.2 per cent YoY. Baticim achieved cement sales of 881,000t in 2004, up 13 per cent YoY. It exported 568,000t of cement a... |
Lafarge to increase its plasterboard capacity by 50%, UK23 February 2005, Published under Cement NewsLafarge announced that it will invest approximately EUR45m in a new plasterboard plant in the Midlands, which will increase its capacity by 50% in the UK with an additional 25Mm2. The launch of the construction will start in 2005. Once completed this new plant will create employment for more than 60 persons. The plasterboard market in the UK has been growing rapidly since 2001. This new plant will use state of the art manufacturing standards to offer a range of quality plasterboard produc... |
Asia Cement says China unit given until June for Hong Kong listing, Taiwan23 February 2005, Published under Cement NewsAsia Cement Corp said its China-based unit, Jiangxi Yadong Cement Co, has been given until June to list in Hong Kong. "We have been given a six-month grace period even though the approved listing failed to materialize last year," said a company spokesman. He confirmed reports that the company had decided on the delay, as even the share prices of the mainland’s leading cement companies have not been doing so well in Hong Kong. "The timing was not so good nowadays as even the shar... |
Cement shortage to intensify23 February 2005, Published under Cement NewsThere is a shortage of cement in Tucson and southern Arizona, and likely will become more acute this spring. So says David Bittel, plant manager at Arizona Portland Cement Co. in Rillito. Others, too, warn that demand for cement and other building materials could outpace supply this year, driving construction prices higher. While a survey by the National Association of Home Builders indicates that building-supply shortages have eased in recent months, experts warn that construction m... |
Cement corporation vows no price increases in 2005, Vietnam22 February 2005, Published under Cement NewsThe Viet Nam Cement Corporation will not increase cement prices this year in an effort to maintain market stability for the building material, said General Director Nguyen Van Hanh. He said that the decision follows a recent directive by the Prime Minister calling upon industries to refrain from raising prices on major domestic commodities including cement. The corporation, the country’s largest cement producer, has asked its affiliated companies to further their cost-cutting in order ... |
Jan consumption down 4.2% YoY, Indonesia22 February 2005, Published under Cement NewsDomestic cement consumption in January totalled 2.24Mt, down 4.1 per cent from 2.34Mt a year earlier, led by falling consumption in Central Java, the Indonesian Cement Association (ASI) said in a report. The report said cement exports in January declined 2.8 per cent YoY to 250,771t from 257,887 a year earlier. Clinker exports dropped 40.8 per cent to 219,512t, it said. Among the major domestic markets, Central Java reported a 14.8 per cent drop in cement consumptio... |
Production up 12.2% in 2004 to 1.28Mt, Bolivia22 February 2005, Published under Cement NewsBolivian cement production increased 12% in 2004 to 1.28Mt compared to the year before, according to the country’s national statistics institute (INE). Growth occurred thanks to increased production in the Cochabamba and Chuquisaca departments. Plants in Chuquisaca and La Paz had the largest market share with 26.6% and 25.3%, respectively, followed by Cochabamba (21.4%), Santa Cruz (13.9%), Oruro (6.74%) and Tarija (6.1%). |
Holcim Maroc Settat Unit Operational June 200722 February 2005, Published under Cement NewsHolcim Maroc, a subsidiary of Holcim Ltd, will start operating its production unit near Settat, northwestern Morocco, as of June 2007. The site has been chosen for its proximity to the Casablanca market, an important cement consumer, and for the nearby quarry. Some 500 mln Moroccan dirhams (US$58.8m) have been invested in the facility. It will cover 74ha, excluding the 340ha quarry. The unit is expected to create some 100 jobs. The unit will treat some 6,000t of raw material daily. H... |
Butra Heidelberg Cement defends price hike, Brunei22 February 2005, Published under Cement NewsButra Heidelberg Cement (BHC) Sdn Bhd, the sole producer of cement in the country, defended the impending price hike of cement which was the first in eight years. Mr Ardi Wijaya, General Manager of BHC Sdn Bhd, said the price increase was to absorb the rising costs of freight and raw materials in the global market and it would not translate to profit margin. Mr Ardi Wijaya added that the company could no longer absorb the rising costs and this prompted them to apply to the government... |