Cement News tagged under: international
Cement shortage expected to ease24 January 2005, Published under Cement NewsRising prices and growing shortages were part and parcel of the life of a US builder in 2004. But there might be a light at the end of the tunnel. Tight materials supplies and their impact on prices "have been a significant concern of builders in the past year," said Michael Carliner, an economist with the National Association of Home Builders. "In the past few months the situation has eased a bit. But builders aren’t out of the woods yet, Carlinger said. With nonresidential construction... |
252 Lafarge employees still missing21 January 2005, Published under Cement NewsLafarge is still reporting that 252 of its 625 employees working at its cement plant in Aceh, Indonesia are still missing after the tsunami swept through the facility on December 26, 2004. 362 others have been found safe and well, 8 are injured, 3 have been confirmed dead. The company has provided emergency aid to employees and their families, and has rented temporary accommodations 600km away to house nearly 450 employees and family members. The local Lafarge team is actively looking for so... |
Mary Nour 189 days and still counting21 January 2005, Published under Cement NewsToday sees the Mary Nour entering its 189th day of enforced idleness in the port of Altamira, Mexico while it awaits a court ruling over its eventual fate. Over Christmas and New Year holiday period, the national courts had been closed, leaving the ship and its long-suffering crew to while away the time on board, keeping the ship and its 26,200t of cement safe. At the last count, it looked as if the local Mexican customs were going to enforce their earlier wish to confiscate the cargo an... |
Falsified cement data?21 January 2005, Published under Cement NewsAccording to a report in the UK press Lafarge workers falsified data on cement supplied to its ready mixed concrete customers Lafarge has been selling its ready mixed concrete customers cement containing excessive levels of alkali High-alkalinity cement has been linked to the development of concrete cancer - alkali silica reaction - which can weaken and damage structures, says Construction News. Now hundreds of contractors are frantically carrying out audits to see if they have used the aff... |
Cemex Venezuela: higher domestic demand boosts profits21 January 2005, Published under Cement NewsCemex Venezuela said on Thursday its 2004 net profits rose to 208.1 billion bolivars from 44.2 billion bolivars a year earlier as domestic cement and concrete demand grew with the country’s economic recovery. Cemex Venezuela’s net sales, which include business by its subsidiaries in Panama and the Dominican Republic, rose by 10 per cent to 1.08 trillion bolivars for the year from 987.9 billion bolivars in 2003. Venezuela, the world’s No 5 oil exporter, is recovering from two years of econom... |
Holcim marches into India20 January 2005, Published under Cement NewsHolcim has entered into a strategic alliance with Gujarat Ambuja Cements to enter the growth market of India and also makes a public purchase offer to the shareholders of The Associated Cement Companies and Ambuja Cement Eastern. Holcim has clearly been evaluating various ways of entering the Indian market for some time. The Board of Directors and Executive Committee have now decided to secure a foothold in the subcontinent by means of a long-term strategic alliance with a strong local pa... |
Ambuja Cement India Ltd to make public bid for ACC and Ambuja Eastern20 January 2005, Published under Cement NewsAmbuja Cement India Ltd to make public bid shareholdings in The Associated Cement Companies Ltd and Ambuja Cement Eastern Ltd. Ambuja Cement India Ltd (ACIL) will be the alliance vehicle. Holcim has entered into an agreement with private investors (AIG/GIC) to acquire a 40 percent stake in ACIL, and has simultaneously entered into a Share Subscription Agreement with ACIL which will allow Holcim to raise its participation to 67 percent in ACIL. In line with the objectives of the strategic ... |
Japanese hike prices on rising materials costs20 January 2005, Published under Cement NewsTo counter the increasing prices of raw materials such as coal and iron ore, steelmakers, cement producers and electric utilities are getting ready to pass the higher costs onto their product prices. Nippon Steel Corp said Wednesday that it plans to ask major customers such as automobile manufacturers and shipbuilders for price hikes as early as February. Although it still has to work out the amount, Nippon Steel needs to raise prices by about 10,000 yen per ton, or 10-20%, to absorb the... |
EAPC eyes Sudan market to raise sales20 January 2005, Published under Cement NewsEast African Portland Cement Company plans to have increased its sales figures in Sudan and Rwanda by the end of December. Managing director, Zakayo ole Mapelu, said yesterday that they would spend up to Sh40 million in the exercise. He was addressing journalists at the company’s sports club in Athi River, shortly after handing over a cheque for Sh100,000 to the Kenya Union of Journalist officials. The money will go towards the Kenya Journalist of the Year Awards, set for later this month... |
Hans Bauer to step down20 January 2005, Published under Cement NewsHans Bauer, CEO of German cement producer Heidelberg Cement, will step down from his post as of January 31, 2005, it was reported on January 19, 2005. Bauer, 60, is resigning due to his age and will retire, the company said. Bauer’s contract was initially fixed until the end of 2007. It is his wish that it be terminated earlier, Heidelberg Cement added. The company’s supervisory board will hold an extraordinary meeting on January 22, 2005 to determine who will succeed Bauer. |