Cement News tagged under: international
Holcim Slovensko modernisation continues, Slovakia07 February 2005, Published under Cement NewsThe largest cement producer in Slovakia, Holcim Slovensko, a.s, Rohoznik, plans to complete the second phase of modernisation at its production plant in Rohoznik in March. The company will install new technology to improve usage of alternative fuels, save electricity and reduce CO2 emissions. Costs to implement the new technology will amount to SKK 300m. The project aims to increase production efficiency and optimise production levels. This year Holcim plans to make use of used tyres and ... |
Italcementi still targets Mediterranean markets04 February 2005, Published under Cement NewsAt its latest news conference, after releasing its preliminary results for 2004 Italcementi stated that it is to enhance its presence on the markets in the Mediterranean area. Among Italcementi priorities is the Egyptian market, where the Italian company has recently failed in an offer for taking over the control in local cement company Suez Cement. Italcementi will also aim at the Turkish market. The group also plans to make more investments in India. Italcementi generated a turnover of Eu... |
HeidelbergCement sees large losses in 200404 February 2005, Published under Cement NewsHeidelbergCement expects to post a loss of up to Euro 400m in 2004 after booking Euro 700m in one-off charges, the world’s fourth-largest cement maker said on Thursday. "The loss will be around Euro 350m up to a maximum of Euro 400m," Bernd Scheifele, the newly appointed chief executive of HeidelbergCement, said during a conference call. Scheifele also said he would not rule out further provisions if there was a restructuring of the company. Standard & Poor’s Ratings Services said the... |
Holcim aims to expand in China04 February 2005, Published under Cement NewsHolcim which recently announced big acquisition plans in India and the UK, plans to expand its position in the Chinese market as well, Chief Executive Officer Markus Akermann said Thursday. "We today hold around 24 per cent in Huaxin Cement and we hope we can increase it to a majority at a certain point in time," Akermann said in a speech at a financial conference in Zurich. Holcim is interested in building modern, high-capacity plants, also outside the Shanghai province where Huaxin Cemen... |
Ivano-Frankivsktsement to switch to dry04 February 2005, Published under Cement NewsThe Ivano-Frankivsktsement company, one of the five biggest producers of cement and sale in Ukraine, intends to switch to the dry method of cement production before 2007. A representative of Ivano-Frankivsktsement said: "We have since been planning to switch to the dry method. Consultations on technical and economic issues are presently underway," the representative said. "The volume of production will also increase 1.5-2-fold," As Ukrainian News earlier reported, the Ivano-Frankivsktseme... |
Public offering for Libyan cement company Public offering for Libyan cement company04 February 2005, Published under Cement NewsLibya plans to raise US$270m by selling shares in a cement company, in the first initial public offering and biggest sale of a government-owned business as the country tries to create a stock market. The offering of the company, the Arabian Cement Company, comes as Col Qaddafi’s government is stepping up efforts to attract private investment and open the economy after the lifting of international sanctions on Libya last year. |
Mary Nour gives up the fight03 February 2005, Published under Cement NewsA Mexican importer has given up on selling within the country a shipment of Russian cement that has become for many analysts a symbol of the difficulties of competing with big business in Mexico. Importer CDM has been barred for the last six months from discharging 26,000t of cement because of injunctions obtained by local cement producers including market leader Cemex. The orders first blocked the boat "Mary Nour" from anchoring at one port and then customs authorities impounded the shipm... |
Dyckerhoff sees continued German downturn03 February 2005, Published under Cement NewsDyckerhoff, in which Buzzi Unicem now controls 91.2 per cent of the voting shares and 76.7 per cent of the total equity, generated a turnover of €1,199m, underlying increase of around five per cent but 9.2 per cent lower in actual terms because of disposals and exchange rate movements. Overall capital expenditure was some €35m lower at €74m. In Germany, the turnover was 6.2 per cent lower at €502m reflecting disposals and lower construction activity that was partially offset by a €12 to €13... |
China’s Huaxin sees rapid growth03 February 2005, Published under Cement NewsHuaxin Cement Co. Ltd sold 11Mt of cement and clinker in 2004, up 111.5 per cent year-on-year. Huaxin, one of the top 10 cement producers in China, is headquartered in Huangshi City, central China’s Hubei Province. Holcim has a substantial minority stake in the group. With a capital base of US$137.8m in 2004, the company now has an annual production capacity of 9Mt of clinker and 17Mt of cement. At present the company is reportedly building six new plants with a total daily productio... |
Nuh Cimento posts good results03 February 2005, Published under Cement NewsTurkish cement and clinker producer Nuh Cimento expects to post at least 100 per cent year-on-year rise in its profit for 2004. The company ended 2003 with a net profit of 20.666 trln Turkish lira (US$15.4m). Nuh Cimento registered a 15 per cent increase in domestic sales for 2004. The company will shortly start production at its US$110m new clinker line, whose construction took two years to complete. The new line raises the company’s total clinker capacity to 4.1Mta. Nuh Cimento exp... |