Cement News tagged under: international
Cemex announces Mexican price rise02 February 2005, Published under Cement NewsThe average price of cement in Mexico will increase five per cent effective immediately, newspaper El Norte quoted officials from cement maker Cemex as saying. The raise comes as cement makers have had to assume increased production costs, they said. Cement prices increased 1.8% during 2004, compared with a 5.2 per cent inflation rate that year. Cement distributors will increase their prices 7-8 per cent right away, bringing the price for a sack of cement to about 97 pesos (US$8.69), the pa... |
Cement Firm Expects Good Returns02 February 2005, Published under Cement NewsEast African Portland Cement located in Kenya will be the first State corporation to surpass all key annual financial and non-financial targets set by the Government in performance contracts. Managing Director Zakayo Mapelu’s results-oriented management occasioned re-engineering at the cement firm has shown dramatic results. Sources said a fundamental shift in thinking from a firm motivated by political thinking to one driven by commercial motives had returned it to profitability. East Afr... |
Lafarge Polska hikes cement prices02 February 2005, Published under Cement NewsLafarge Polska, the Polish unit of French cement manufacturer Lafarge, raised cement prices in Poland by between 16 Polish zloty (Euro 3.9 euro and 24 zloty (Euro5.9) per tonne, an increase by 10 per cent to 12 per cent, respectively, the company said on February 1, 2005. Lafarge Polska’s move was dictated by growing electricity and fuel prices, the company added. Other cement producers operating in Poland have already said they would hike cement prices for the same reasons. Polish cemen... |
Russian production makes steady gains02 February 2005, Published under Cement NewsAccording to Eurocement, Russian cement production reached 45.6Mt in 2004, an increase of 11.3 per cent from the figure reported in in 2003. Eurocement Group made more than 9.6Mt of cement in 2004, an increase of 13 per cent from the figure reported in the same period 2003. It accounts for 21 per cent of output in this segment of the market market. In 2003 41Mt of cement was produced in Russia, Eurocement Group press service reported. |
Cimento Tupi to target exports01 February 2005, Published under Cement NewsBrazilian Companhia Cimento Tupi, controlled by the group CP Cimento e Participacoes, will start to export next June, initially targeting at the US. The company is investing R$15m resources in the improvement of the terminal owned by Valesul in the Port of Sepetiba (Rio de Janeiro state) and expects that exports may increase turnover by R$45m in 2005. Between January and September 2004, Cimento Tupi reported an income of R$209m or 64.3 per cent of net turnover. Besides owning Cimento Tu... |
Pakistan’s MCA price probe01 February 2005, Published under Cement NewsThe Monopoly Control Authority (MCA) is probing into the cement factories pricing mechanism to determine if any cartel is involved in the price escalation of cement. It is suggested that the cement factories are attributing cement price hikes to the high cost of gas and coal. In the last few days, a bag of cement is sold at Rs 275-290 (US$4.64-4.89), up around Rs 40-50. A final decision on the probe would be taken after the appointment of the new chairman, as the former chairman ... |
Union Cement to raise output01 February 2005, Published under Cement NewsThe new clinker production facility of the UAE Ras al-Khaimah cement manufacturer Union Cement is to raise the company’s annual clinker output to some 4.5Mt of clinker from the current 1.25Mt, it was reported on January 31, 2005. The new facility, to be built by a Chinese company, is estimated at UAD500m ($136.1m), and will have a daily capacity of some 10,000 tonnes. It is scheduled to start operations in August 2006. The net profit of UAE Ras al-Khaimah cement manufacturer Unio... |
Indian cement output up in December01 February 2005, Published under Cement NewsIndian cement production recorded 8.54 per cent growth to 10.93Mt in December 2004 over 10.07Mt registered in the same month of the previous year. Despatches increased 8.84 per cent to 10.84Mt in December 2004 from 9.96Mt in the same month last year, said latest industry updates. Output rose 7.17 per cent to 91.8Mt in April-December 2004 as against 85.66Mt in the same period of 2003. Despatches were up 6.98 per cent to 91.35Mt from 85.39Mt during the nine-month review period. Cement... |
Worker killed in mill unit01 February 2005, Published under Cement NewsA 19-year-old man was killed while working at Portland Cement Factory in Makata industrial area in Blantyre last week after being crushed by machinery. Steven Smart from Dambo Village, Nsanje, was working as a labourer at the cement company and was killed as he was during the morning shift. Police spokesman Willie Mwaluka said Smart entered the mill after it broke down to remove some materials for maintenance people to do repair work properly. He said the machine started functioning wh... |
Indonesia faces deadlock in negotiations with Cemex31 January 2005, Published under Cement NewsThe government faces a deadlock in ongoing talks with Cemex SA to settle a dispute over a failed put option deal involving a 51 pct stake in PT Semen Gresik, Bisnis Indonesia reported quoting an unnamed source. The report quoted the source as saying that Cemex’s legal adviser still objects to some clauses in the amended conditional sale-and-purchase agreement. Bisnis also quoted Lin Che Wei, an expert adviser to State Enterprises Minister Sugiharto, as confirming the deadlock without goi... |