Cement News tagged under: international
Thai cement industry outlook23 November 2004, Published under Cement NewsIn 2004, the Thai cement industry exhibited healthy growth after seeing a slowdown in the year before. Demand for cement at home has been high, thanks to favorable construction-related investment domestically, both in private and public construction projects. However, construction-related activities have been confronted with rising costs in raw materials, thus adversely affecting building contractors and leading to delays in construction projects on the whole. Worse, spates of negative facto... |
Conama receives Ventanas cement plant declaration23 November 2004, Published under Cement NewsChilean company Materiales de Construcción Ventanas has submitted an environmental impact declaration for a US$18m cement grinding plant project to the country’s environment authority Conama. The project, dubbed "Planta de Molienda de Cemento, Puerto Ventanas," entails installing a grinding, storage and dispatch plant opposite of Region V port Ventanas, according to information from Conama’s website. The 60,000 sq m facility will have the capacity to produce 350,000tpa cement. According to th... |
Cementir President buys company shares23 November 2004, Published under Cement NewsThe president of Italian cement company Cementir, a unit of local construction company Caltagirone, Francesco Caltagirone Jr, has bought 80,000 company shares for a total 287,200 euro ($374,537), the company said in its report on internal dealings. The shares were acquired in two transactions dating back to November 18 and 19, 2004. The acquisition price stood at 3.59 euro ($4.68) per share in both transactions. |
TPI Founder requests to buy TPI stakes23 November 2004, Published under Cement NewsThe founder of both Thai Petrochemical Industry PCL and TPI Polene PCL, Prachai Leophairatana, asked the Ministry of Finance Monday for permission to buy stakes in the two debt-ridden companies. Thailand’s Bankruptcy Court earlier this month approved an amendment to the US$2.95bn debt restructuring plan of TPI, paving the way for the resumption of the long-delayed rehabilitation of the country’s largest debt defaulter and the sale of a stake to strategic partners. As part of the plan, the... |
Lafarge accused of dirty tricks in Zambia23 November 2004, Published under Cement NewsFrance has asked the Zambian government to rescind its decision of deporting Chilanga Cement managing director Ian Coulter. And sources at Chilanga Cement have revealed that government’s reasons that Coulter was deported on November 5, 2004 because of his alleged involved in activities that endangered Zambia’s security were fake. But home affairs minister Lt Gen Ronnie Shikapwasha has maintained that he had evidence to prove that Coulter was a security risk to the country. In a letter to ... |
BNP Paribas signs for cement plant23 November 2004, Published under Cement NewsBNP Paribas, a French bank, and Viet Nam Construction and Machinery Installation Corporation (Lilama) signed a credit contract on importing equipment for Thang Long Cement Joint Stock Company project on Friday. Under the contract, BNP Paribas will finance US$164.5m to the project including a cement plant in the northern province of Quang Ninh and a clinker grinding station in Hiep Phuoc Industrial Zone in Ho Chi Minh City, according to Lilama, one of two main contractors of the projects.... |
Yemeni expansion in focus22 November 2004, Published under Cement NewsThe Yemeni Establishment for Cement Industry and Marketing is seeking to increase its production through investment via self- financing in modernization and development of the existing factories and calling on the private sector for investment in them. Among plans are for capacity of Amran cement plant to reach 600,000tpa and the establishment of a new production line with a capacity of 1.2Mta starting from the year 2006. With this the factory’s total production capacity would be increased... |
Baticim eyes Uzan cement assets22 November 2004, Published under Cement NewsTurkish cement, clinker and ready mix concrete producer Bati Cimento (Baticim) is interested in two of the cement mills, previously owned by the controversial Uzan family, according to Tufan Unal from Bati Cimento. Baticim plans to bid for the cement factories in Eskisehir and Edirne, both in northwestern Turkey, which will be offered in tenders by the Turkish Savings Deposit Insurance Fund (TMSF). The Turkish financial authorities seized in February 2004 more than 200 companies owne... |
China prices decline on capacity expansion22 November 2004, Published under Cement NewsAverage cement prices in China have declined sharply over the past several months due to capacity expansions, the China Business Post reported, citing government and company officials. "The price of P.0 42.5 type cement was 310 yuan per ton in the July-August period, but dropped to 265 yuan in September-October and 245 yuan at present," an unidentified sales official at Nantong Conch Cement Co Ltd was quoted as saying. "Cement prices in eastern China and Beijing fell the most as product... |
Indonesia hopes Cemex will settle22 November 2004, Published under Cement NewsThe Indonesian government still expects that Mexican cement maker Cemex SA will agree to settle the dispute over the purchase of majority stake in PT Semen Gresik out of court, Bisnis Indonesia reported citing an official. "Hopefully, there will be no arbitration. We will work this out quickly. There have been some alternatives proposed by them (Cemex)," Bisnis quoted Coordinating Minister of Economic Affairs Aburizal Bakrie as saying. The report said Bakrie met Cemex officials on the ... |