Cement News tagged under: international
Death at Artesia plant investigated28 January 2005, Published under Cement NewsCompany officials and representatives of the US Mine Safety and Health Administration are investigating the death of a cement plant worker in Artesia. Randy G Vibrock Sr, 49, of Columbus, died earlier this week when he apparently got caught in a 42-inch conveyor belt at the Holcim plant. Holcim officials discovered Vibrock after he did not go to lunch or relieve another employee in the plant’s control room. Plant manager James Boyd said in a statement that Vibrock "will be greatly missed and... |
Eagle Materials boosted by higher prices27 January 2005, Published under Cement NewsIn the nine months to the end of December, Eagle Materials increased turnover by 21.8 per cent to US$463.2m and improved the trading profit by 50.6 per cent to US$121.5m. The strongest price increases were seen in plasterboard, when prices rose by 26.6 per cent on volumes that were up by 7.1 per cent, while cement prices rose by 5.4 per cent over the nine months, but by 9.2 per cent in the three months to the end of December, to US$71.75 per short ton, or US$79.09 per tonne. Eagle has annou... |
Lafarge sticks by FY 2004 targets27 January 2005, Published under Cement NewsLafarge said it still expects full year 2004 operating profit to rise more than 10 per cent as it reported sales which reached the top end of analysts’ forecasts. The company said sales last year rose 5.7 per cent to Euro14.436bn from Euro13.658bn in 2003. Forecasts for revenues ranged between Euro14.178-14.434bn On a like-for-like basis, sales over the year grew 7.7 per cent. "We are confident that most of our markets will continue to show favourable trends, in both volumes and pricin... |
Rinker performs well in the US27 January 2005, Published under Cement NewsShares in Rinker Group Ltd jumped higher in early trade after the group upgraded its full year guidance on the back of solid demand and price rises for its building products. The group’s United States business Rinker Materials - which contributes about 80 per cent of group earnings and revenue - has achieved the biggest success. Rinker today said that the combination of price rises and continued strong demand for houses in the US would boost Rinker Materials’ earnings before interest and tax... |
Sanghi plans capacity expansion for Kutch plant27 January 2005, Published under Cement NewsWith full capacity utilisation, coupled with increasing demand from the overseas markets, Sanghi Industries Ltd, part of the Sanghi Group, has decided to go for a massive capacity expansion at its cement plant in Kutch, Gujarat with an investment of over Rs 1000 crore in two phases. The company, as a first step, has decided to expand its capacity from 2.6Mt to 3.6Mt in the next few months, and then increase it further to 7Mt in the next two years with an investment of over Rs 1000 crore, sai... |
Vietnam cement industry outlook27 January 2005, Published under Cement NewsDeputy construction minister Tong Van Nga said the Ministry of Construction estimates demand for cement will increase by 8 to 12 per cent this year. The Viet Nam National Cement Corporation (VNCC) has been assigned the task of stabilising the domestic cement market, and aims to achieve this goal by churning out more than 8Mt of clinker, and between 12 to 12.2Mt of cement. The corporation’s general director Nguyen Van Hanh said the VNCC will definitely meet the proposed target due to the... |
Semen Gresik says Govt’s cement jv plan unnecessary26 January 2005, Published under Cement NewsSatryo, the president director of Semen Gresik, said Tuesday the government’s plan to build a joint venture in the cement industry as part of a dispute settlement with Cemex Asia Holding, is not necessary. He said there was no need for the government to let Cemex take part in the building of cement plants. He said his company would need a new cement plant to cope with increasing demand, but it was capable of building it on its own. Gresik announced the company’s readiness to fully fina... |
Oman Cement signs agreement with Holtec26 January 2005, Published under Cement NewsSayyid Qahtan bin Yaroub al-Busaidi, Chairman of Oman Cement Company, has recently signed an agreement with the Indian Holtec Consulting pvt. Ltd. Company whereby the latter is to conduct detailed technical studies on proposed plans to upgrade the company’s cement plant. Eng. Jamal bin Shamis al-Houti, the Executive President of Oman Cement Co. said that the study will focus on plans to build a new kiln with a daily capacity of 5000t and a grinding unit with a capacity of 3000tpd. |
Indonesia 2004 domestic cement consumption up, exports down26 January 2005, Published under Cement NewsDomestic cement consumption in 2004 totaled 30.04Mt, up 9.1 per cent from the year earlier on the back of growth in demand from West Java and Jakarta, the Indonesian Cement Association (ASI) said. Cement exports in the same period, except for clinker exports, declined 4. 0 per cent to 2.95Mt from 3.07Mt a year earlier, ASI said in a report. Clinker exports grew 9.6 per cent to 4.68Mt from 4.27Mt. Cement consumption in the largest market, West Java, rose 18.5 per cent to 4. 94Mt; Jakarta’s co... |
Lafarge to curb power costs in Brazil26 January 2005, Published under Cement NewsLafarge, Brazil’s fourth largest cement maker, is planning to implement measures for reduction of its electricity costs in Brazil. The company mulls using the local liberalised power market to restructure the power supply to its units in two of the three Brazilian states where it operates. Electricity accounts for 18 per cent of the productions costs in the cement sector. In Brazil, Lafarge has five production sites, three in the southern state of Minas Gerais, another in the neighbou... |