Cement News tagged under: international
Nesher price rise announced29 December 2004, Published under Cement NewsNesher Cement, Israel has just announced that the price of cement would rise six per cent in January. It said this was because of higher production costs, particularly of fuel and electricity. The Association of Contractors and Builders in Israel said that the price hike was unacceptable. The association’s president, Aharon Cohen, said Nesher was a monopoly, and that any price rise required government approval. Cohen said that, in the association’s view, the real reason... |
Attock Cement to expand existing works29 December 2004, Published under Cement NewsIn view of the increasing demand for cement in the country and abroad, the Attock Cement Pakistan Limited (ACPL) has decided to expand its clinker production capacity from 2400tpd to 5400tpd by installing an additional production line of 3000tpd per day, a press release said this week. The main plant machinery is being imported from HCRDI of China, the release added while erection and commissioning will be done locally. The plant is expected to cost around US$61m. ... |
Crisis team flies to Andalas29 December 2004, Published under Cement NewsReports that a crisis management team from Lafarge’s Paris headquarters has flown out to Indonesia to assist at the Andalas facility in Indonesia’s Aceh province on Sumatera suggest that the plant may have been badly hit by the offshore sub-sea earthquake and the resultant tidal wave that then hit the nearby Sumatera costline and where upwards of 20,000 people are said to have been killed in various coastal villages not far from the Andalas works. Actual infor... |
Japan domestic cement shipments up28 December 2004, Published under Cement NewsCement shipments in Japan totalled 5.44Mt in November 2004, up 6.7 per cent year-on-year, the Japan Cement Association said on December 28, 2004. Cement shipments in Hokkaido, northern Japan, Kanto region, eastern Japan and Kyushu region, southwestern Japan marked double-digit year-on-year increases in November 2004. Japan cement exports went up by 32.4 per cent to 943,418t in November 2004. Japan’s cement exports to China and Hong Kong decreased while exports to Taiwan, Singapore and ... |
Cemex may have to return Nicaraguan company28 December 2004, Published under Cement NewsAfter the courts ruled in its favor, the Nicaraguan government has presented an appeal to the Supreme Court of Justice for Cementos de México (Cemex) to return Compañía Nacional Productora de Cementos to its old owners, which include the a family of the former dictator Anastasio Somoza. The company was leased to Cemex for 25 years in 2000 after the Mexican company won an international auction. However, President Enrique Bolaños reported that the appeal had been lodged because one law obli... |
UAE cement-makers make record profits28 December 2004, Published under Cement NewsUAE cement companies are expected to report an increase in profit for 2004 of between 400 per cent and 500 per cent over 2003, market sources said at end-December 2004. The record-high growth is expected in the light of the increased cement prices during 2004, which reached 26 UAE dirhams ($7.1/5.2 euro) a bag (50kg) in the middle of the year. The strong local demand for cement has driven some of the cement makers to raise their production significantly, while others have announced plan... |
Government Offers New JV to Cemex27 December 2004, Published under Cement NewsGovernment Offers New JV to Cemex According to local reports, the Indonesian government has offered an option to establish a joint venture between Cemex Asia and PT Semen Gresik to resolve the dispute between the two parties. "The establishment of the new unit will cover three assets of Semen Gresik," said Senior Economic Minister Aburizal Bakrie last week. Bisnis Indonesia source, meanwhile, said that the establishment of new joint venture between Semen Gresik and Cemex would be an opt... |
TCC to invest in Guangdong cement plant27 December 2004, Published under Cement NewsTCC to invest in Guangdong cement plant Hong Kong-listed Taiwan Cement Co International Holdings Ltd will invest one bln yuan to build a Guangdong cement plant which will more than double its construction material production capacity on the mainland, the South China Morning Post reported, citing the company. The Hong Kong-based newspaper said the main board-listed firm, which is backed by Taiwan’s largest conglomerate, the Koos Group, said it had signed an agreement with supplier Sinoma to... |
Loma Negra sale enter its final phase27 December 2004, Published under Cement NewsLoma Negra sale enter its final phase The Argentinean lawyer Eugenio Aramburu is reportedly in New York negotiating the final details of the sale of Loma Negra, Argentina’s largest cement company, to Camargo Correa, the Brazilian holding company. Mr. Aramburu was hired by Argentinean businesswoman Amalia Lacroze de Fortabat to negotiate the sale of her cement business to the Brazilian group. Fortabat, the Argentinean group, put Loma Negra up for sale in August 2004. It hired the US i... |
Apasco looks to moderate growth in 200527 December 2004, Published under Cement NewsMexican cement maker Holcim Apasco expects sales to grow up to 2.5 per cent in 2005, local press quoted spokesperson Gustavo Gastelum as saying. "For 2005 we expect a year similar to 2004, not much more dynamic in terms of premixed concrete demand," he said. The company expects to produce some 7Mt of cement this year, of which roughly 75 per cent is sold in bags and 25 per cent in bulk. For 2004, the company has focused on increasing operational efficiency to offset higher costs while ce... |