Cement News tagged under: international
Ghacem capacity upgrade planned11 January 2005, Published under Cement NewsThe Ghana Cement Works (GHACEM) has honoured 40 distributors and customers nationwide at Tema with the assurance that the company would meet the challenges of the competition in the cement industry. Mr Bjarne Schmidt, the Managing Director, said GHACEM has put in place a "capacity project" that will solve problems like milling and packing. The Managing Director admitted that the company faced production problems in 2004 that resulted in some interruptions in its supplies. Mr Schmidt, whos... |
Cemex to suspend arbitration proceedings10 January 2005, Published under Cement NewsMexico’s Cemex SA has agreed to suspend international arbitration proceedings against the Indonesian government over a dispute for control of Indonesia’s largest cement maker PT Semen Gresik, Bisnis Indonesia reported, citing State Enterprises Minister Sugiharto. He said Cemex will not go ahead with the next international arbitration hearing scheduled for January 11 as ’there has been great progress’ in talks for settlement of the dispute. The government said it has short-listed six options... |
Swiss giant makes donation via Siam City Cement10 January 2005, Published under Cement NewsThe largest corporate donation so far for tsunami victims in Thailand was made yesterday through Siam City Cement Ltd by its Swiss-based shareholder, Holcim Ltd. The Bt33 million donation is part of a total of Bt100 million that Holcim has given to its operations in Sri Lanka, Thailand and Indonesia. "Holcim operates principally with a strong focus on sustainability and sustainable development. The tsunami disaster is so big, and we want to support the local companies to play a more vis... |
Ultratech loses ground to rivals10 January 2005, Published under Cement NewsGrasim’s acquisition of L&T’s cement division was supposed to make the combined entity India’s largest cement group. In the market place however, Grasim and Ultratech is losing ground to ACC and Gujarat Ambuja combine. It’s nine months since Grasim formally took over the control of Larsen & Toubro’s cement division and rechristened it Ultratech but the combined entity continues to lag behind ACC & Gujarat Ambuja combine in market share. Gujarat Ambuja has a 14 per cent stake in ACC. What’s... |
Siam Cement branches out10 January 2005, Published under Cement NewsThailand’s largest manufacturing conglomerate, Siam Cement Group, plans to start a new building-services company, as it branches out into the service industry for the first time. The new subsidiary, which will be called Cementhai Home Services, will specialise in providing construction materials and subcontracting such services as installing bathrooms and roofs, said Kajohndet Sangsuban, head of the conglomerate’s building-products business. The company will also start selling home warrant... |
Turkish Denizli Birlik Cimento to invest10 January 2005, Published under Cement NewsTurkish cement producer Denizli Birlik Cimento will invest Euro120m in a cement factory in Yatagan, Mugla province, southwestern Turkey, in cooperation with 123 local businessmen, it was reported on January 7, 2005. Construction works will start in May 2005 and are due to be completed for two to three years. The plant will be built on a 102,000 sq m land plot between the towns Yatagan and Kavaklidere, the company’s management board chairman Kadir Uslu said. The factory will produce 1.6Mta c... |
Fire in Perlmooser’s plant10 January 2005, Published under Cement NewsA fire broke out in Austrian cement producer Lafarge Perlmooser in Mannersdorf, Lower Austria, on the evening of January 6, 2005. The fire, which started in one of the cable conduits was extinguished after four-and-a-half hours. The damage will be cleared up within several days, according to the company, which is part of global Lafarge Group. There were no casualties. |
Swiss cement sales up 7.0 per cent10 January 2005, Published under Cement NewsCement sales in Switzerland rose by 7.0 per cent year-on-year to 3.955Mt in 2004, the Swiss cement industry association Cemsuisse said on January 7, 2005. Cement sales went up by 9.2 per cent year-on-year in the third quarter of 2004 and by 6.9 per cent year-on-year in the fourth quarter of 2004, fuelled by the recovery of the construction industry. The fourth-quarter increase was also due to the launch of cement-intensive infrastructure projects. Cemsuisse expects a 3.0 per cent to 5.0 per ... |
ACC to sell Andhra cement facility10 January 2005, Published under Cement NewsAssociated Cement Companies (ACC), country’s second largest cement maker, has decided to sale off its Mancherial Cement Works in Andhra Pradesh. The decision, which was taken by the ACC board today, will be placed before shareholders for their approval through postal ballot. A K Jain, executive director, said the company was forced to take the sale off decision after the unit became economically unviable. " The unit at Adilabad district of Andhra Pradesh has been running with a product... |
Huaxin Cement outlines investment plan for 200510 January 2005, Published under Cement NewsHuaxin Cement Co. Ltd, China, in which Holcim has a sizeable stake plans to invest 1.258 billion yuan (US$157m) in 2005 to construct two more clinker production lines and two large cement grinding stations. The company also aims to complete projects it started in 2004. According to local sources, the company aims to bring its total assets to 6.7 billion yuan in 2005, up 33 per cent year on year; rake in 3.8 billion yuan from main business, up 73 per cent; produce gross profit of 367 ... |