Cement News tagged under: international
Government to settle Cemex dispute14 December 2004, Published under Cement NewsThe new government aims to settle an investment dispute with Mexico-based cement producer Cemex SA in 42 days, in a bid to help maintain investors’ confidence in the economy, according to a report in the Jakarta Post. State Minister of State Enterprises Sugiharto said that resolving the protracted dispute straightaway was crucial, to show to the outside world that the new government is determined to uphold legal certainty and the sanctity of contract. "We plan to come up with a settlement to... |
Building confidence at 25-year high, South Africa14 December 2004, Published under Cement NewsBuilding industry confidence was at levels last reached in the economic upswing of 1978/81, with the fourth quarter business confidence of contractors in the residential sector at 96 percent compared with 87 percent in the third quarter and only 48 percent as recently as the second quarter 2003, the Bureau for Economic Research at the University of Stellenbosch said on Monday. Building conditions in the non-residential sector have shown a substantial improvement and indications are that ... |
Northern cement works under construction, Vietnam14 December 2004, Published under Cement NewsTrang An Shareholding Co. broke ground at the weekend for a 910,000tpa cement works in the northern municipality of Tuyen Quang, Lao Dong reports. Construction of the trillion-dong factory in Trang Da Commune should take 24 months at most. Meanwhile, the Ministry of Construction has been told to work with the ministries of Finance and Planning and Investment to plan for the establishment of a construction group centered on the Vietnam Cement Corporation. A draft of the proposal must re... |
Plans to double production, Yemen14 December 2004, Published under Cement NewsThe Yemeni Public Corporation For Manufacturing and Marketing Cement is planning to double the country’s cement production capacity by developing and expanding the existing three cement manufacturing factories in association with the private sector. The Deputy Chairman of the Corporation estimates Yemen to double its cement production capacity by 2007. The corporation is currently working on expanding the capacity of the Omran Cement Factory from 600,000t to 1.6Mt by installing a new pro... |
March start set for Warnes US$15m cement mill, Bolivia14 December 2004, Published under Cement NewsBolivian cement producer Itacamba Cemento will start construction of a US$15m cement milling plant near Warnes in Santa Cruz department in March 2005. Development of the 370,000tpa capacity cement mill - Bolivia’s biggest - is part of an expansion plan for Itacamba’s parent, Brazilian cement maker Votorantim Cimentos, according to the newspaper. The plant will come on stream in 2006 and seeks to benefit from the boom in cement demand in the country’s southeast, according to Wilson ... |
Cement may cost 5-10% more in a month, India14 December 2004, Published under Cement NewsFirming up of cement prices post-monsoon, usually considered natural, is delayed this time by about a month. A 5-10% growth in cement prices is expected in the next two months. Associated Cement Companies (ACC) executive director-marketing, AK Jain, said: “Compared with the base levels in October or early November, we will see a firming up of prices in the next couple of months.” In line with the bull run in the markets and on the back of the peak season, cement stocks have been show... |
UAE Union Cement to build new clinker line13 December 2004, Published under Cement NewsRas al-Khaimah cement manufacturer Union Cement signed on December 12, 2004 an agreement, worth over 500 mln UAE dirhams ($136.1m), with China National Building Materials Equipment Corporation (CBMEC) for the construction of a new clinker production facility. The clinker facility will be built at the current location of Union Cement’s plant at Khor Khwair industrial area in Ras al-Khaimah. Under the terms of the agreement, the project is to be completed and handed to Union Cement within a... |
Vietnam govt favours cement projects in remote areas13 December 2004, Published under Cement NewsThe Government has offered incentives such as soft credits for projects specialising in clinker production in remote mountainous communities. The offers were recently announced by the Government Office based on Permanent Deputy Prime Minister Nguyen Tan Dung’s recommendations for the readjustment of the cement industry’s development strategy for the period up to 2010 and orientation for 2020. The Government Office also requested the Ministry of Natural Resources and Environment to simplif... |
Cement may cost 5-10 per cent more shortly13 December 2004, Published under Cement NewsFirming up of cement prices post-monsoon, usually considered natural, is delayed this time by about a month. A 5-10 per cent growth in cement prices is expected in the next two months. Associated Cement Companies (ACC) executive director-marketing, AK Jain, said: "Compared with the base levels in October or early November, we will see a firming up of prices in the next couple of months." In line with the bull run in the markets and on the back of the peak season, cement stocks have been show... |
AV Birla hopes for 100 per cent cement capacity utilisation13 December 2004, Published under Cement NewsThe Indian Aditya Birla group aims to ensure 100 percent utilisation of its existing cement capacity before planning further capacity addition. The group’s total installed cement capacity, following the acquisition of L and T Cement, is estimated at 31Mta. The group now utilises 80 per cent of its cement capacity by producing 25Mt. |