Cement News tagged under: international
Pakistan cement sector posts...22 November 2004, Published under Cement NewsStock market listed cement companies posted aggregate earnings of Rs1.7 billion for the first quarter (July-Sept) of the current year (1QFY05) , which represented 58 per cent increase over the profit earned in the comparable period of the previous year. Excluding Zeal Pak and Pakland, which had not announced results until the first week of this month; Saadi Cement which was under trial production and Mustehkam and Chakwal, which were non-operational, the remaining 16 of the 21 stock ... |
G-20 Ministers Say Oil Price May Decline to US$35-40 a barrel22 November 2004, Published under Cement NewsThe cost of oil will probably decline though prices will fluctuate as production capacity remains limited, finance ministers and central bankers from the Group of 20 industrialsed and developing nations said. Based on futures markets oil prices are expected to fall to the US$35-$40 range in the medium term,’’ according to a note prepared for this weekend’s meetings. The likelihood of the continued low level of spare capacity indicates that oil prices are likely to remain sensitive to unantic... |
Italcementi looks at new plant in Kazakhstan19 November 2004, Published under Cement NewsCiments Francais, the French arm of Italy’s Italcementi, is considering constructing a cement production plant in the Aktobe region in western Kazakhstan, the regional administration said in a statement Thursday. The capacity of the plant would be 1Mta. "Western Kazakhstan is a priority for development of cement production," the statement quotes the executive director of the company, Jean Martre, as saying. Martre also said that annual consumption in Kazakhstan may rise to 9Mt of cement in... |
Votorantim plans expansion in Europe 200519 November 2004, Published under Cement NewsBrazil’s industrial group Votorantim’s holding’s cement production arm, Votorantim Cimentos, is seeking to expand operations in Europe in 2005, as part of its plans to conquer economically stable markets. The expansion is in line with the recently signed letter of intent with Mexican cement maker Cementos Mexicanos (Cemex) for the purchase of two cement plants in the USA for US$400m. According to analysts, Votorantim Cimentos will be the engine for growth and expansion of its owner, the Braz... |
Holcim holds $2m construction contest19 November 2004, Published under Cement NewsSwiss-based Holcim Foundation has invited architects, planners, engineers and project owners in Asia to enter the US$2 million Holcim Awards, a competition for projects in the area of sustainable construction. The world’s largest cash-prized sustainable construction contest will be staged by the Holcim Foundation, an independent initiative of Holcim Ltd., one of the world’s leading suppliers of cement, aggregates (gravel and sand) and concrete. Holcim executive committee member Paul Hugento... |
Criminal mobs behind Karachayevo-Cherkessia crisis19 November 2004, Published under Cement NewsWhat is happening in the Russian internal republic of Karachayevo-Cherkessia is a crisis, President Vladimir Putin said in an interview with national television channels, a transcript of which has been made available on the presidential website. "The developments in Karachayevo-Cherkessia are now in the focus of attention. What we see there is a crisis triggered by common crimes committed by mobs trying to grab more property," he said. "We often say that certain things that work in othe... |
Lafarge North America announces gypsum upgrade19 November 2004, Published under Cement NewsLafarge North America Inc, the leading supplier of construction materials in the US and Canada, today announced that it will invest approximately $75 million to substantially upgrade and double the capacity of its gypsum drywall manufacturing facility in Buchanan, NY. The new production line will operate at world-class manufacturing standards, producing 650 million square feet of gypsum wallboard annually to meet the growing demands of Lafarge’s residential and commercial customers in the No... |
Gulf Cement Company plans expansion19 November 2004, Published under Cement NewsGulf Cement Company (GCC) is expanding its cement capacity to 2.5Mt from 1.6Mt. The new capacity is expected to go on stream this month and the company is also investing in additional coal grinding capacity, to be commissioned by the end of this year. At present, it is one of the biggest integrated cement companies in the UAE, with a current clinker capacity of 1.3Mt and cement capacity of 1.6Mt. Gulf Cement is expecting a capital expenditure of Dh75million this year and has also recentl... |
Cementir moves into China18 November 2004, Published under Cement NewsCementir, which completed the deal to acquire Aalborg Portland Cement at the end of October, has moved quickly to extend the leading position in white cement that came with the Danish acquisition. A €7.5m deal has been concluded that gives an entry into the manufacturing of white cement in China by the purchase of the Anqing White Cement plant in Anhui. This is the larger of two plants operating in that location and has an annual capacity of 0.1Mt. Plans already exist to double capacit... |
Vietnam to entice more foreign investment18 November 2004, Published under Cement NewsVietnam is expected to lure 4.2-4.5 billion US dollars worth of foreign direct investment (FDI) next year, partly by opening wider doors to investors in such important industries as cement and electricity. The country, which attracted FDI of 3.5 billion dollars between January and mid-November, is likely to entice 4 billion dollars in the whole year, sources from the Ministry of Planning and Investment said on Thursday, noting that it initially targeted to lure 3.3 billion dollars in 2... |