Cement News tagged under: international
Cement consumption down in October18 November 2004, Published under Cement NewsCement consumption in Spain in October was down 7.6 per cent from the same month a year earlier at 3.89Mt, industry association Oficemen said. Oficemen officials said the fall in part reflected heavy rains in the month. Consumption in the 10 months to October totaled 40.22Mt, a rise of 2.7 per cent from the same period a year earlier. Consumption in the 12 months to October was up 3.64 per cent, the lowest increase in the past 17 months. |
Cemex confirms US plant sale18 November 2004, Published under Cement NewsCemex announced this week that it has signed a Letter of Intent to sell its Charlevoix, Michigan and Dixon-Marquette, Illinois cement plants to Votorantim Cimentos for US$400m. The transaction is expected to close in the first quarter of 2005.Total production capacity of both cement plants is close to 2Mta and represent about ten per cent of the operating cash flow of Cemex’s US operations. |
Cemex seen selling RMC’s German ops following disposal of two US plants17 November 2004, Published under Cement NewsCemex SA may decide to dispose in the medium term of the German operations of the UK’s RMC Group PLC, after the Mexican cement maker agreed to sell two US plants, analysts said. The sale of two cement plants located in the Great Lakes region to the Brazilian company Votorantim Cimentos, for US$400m was the first sale of cement assets by Cemex since 1998, analysts noted. The two plants, located in Charlevoix and Dixon-Marquette, account for nearly 14 per cent of Cemex’s US production capacity... |
Bamburi set for further gains17 November 2004, Published under Cement NewsBamburi Cement Limited, Kenya’s biggest manufacturer of cement and cement related products, recently celebrated 50 years since it first commenced operations. It was incorporated in 1951, and listed on the NSE in 1970. In addition to cement products, it owns a nature and environmental park developed from rehabilitated quarries. The company operates in Uganda and Kenya and markets its products in the Great Lakes region. In the last five years, annual compounded increase in revenue was 9... |
Peru: cement sales fall in October17 November 2004, Published under Cement NewsCement sales in Peru totalled 346,506t in October 2004, a 0.1 per cent decrease from sales of 346,826t in the same period in 2003, according to a report by Asocem, the Peruvian association of cement producers. It was the third monthly drop in sales registered in the year so far. The last one was recorded in July, when sales fell by 5.8 per cent. Accumulated cement sales, however, increased by 3.4 per cent in the first ten months of 2004 compared with the same period a year earlier. According ... |
Price fall, higher input costs, southern India17 November 2004, Published under Cement NewsThe combined impact of a fall in price and a rise in input costs has adversely affected South India-based cement companies, even as the industry’s prospect at the national level is rated good. The paradox in South India could be on account of limited activity in the infrastructure sector, said industry sources. A large part of demand for the cement industry arises from infrastructure and housing projects. The situation is different at the national level. Mr N. Prasad, Chief Investment O... |
Check for safety after lift failure17 November 2004, Published under Cement NewsMangalam Cement Ltd said the lift structure of serving the preheater tower had collapsed on Tuesday evening during a planned shutdown for maintenance of a unit, according to the National Stock Exchange (NSE). It said the loss was being assessed and the tentative date of restart of clinker production would be decided later. Three contract labourers died in the collapse, it said. |
HeidelbergCement strengthens US involvement16 November 2004, Published under Cement NewsHeidelbergCement’s US subsidiary Lehigh Cement Company together with Glens Falls Cement Co, Inc, a subsidiary of the American joint company of Buzzi Unicem S.p.A. and Dyckerhoff AG, have reached an agreement in principle that the participation of Buzzi/Dyckerhoff in the joint venture “Glens Falls Lehigh Cement Company“ will be acquired by Lehigh Cement Company. The transaction, which is expected to be completed in early 2005, is subject to regulatory approval and approval by the respective b... |
Lafarge to start Mejia plant by 200616 November 2004, Published under Cement NewsLafarge will start commercial production at its proposed 1Mta cement plant at Mejia in Bankura by 2006. The construction work for the plant will start from 2005. "Lafarge will come up with its cement plant at Mejia within the next two years," West Bengal Chief Minister Buddhadeb Bhattacharjee told newspersons here yesterday. Mr Bhattacharjee held an hour-long discussion with Lafarge group chairman Bertrand Collomb and Lafarge India Chief Executive Officer (CEO) Martin Kreigner at the Cal... |
Multiple murders in cement factory16 November 2004, Published under Cement NewsWe had followed the fortunes of one of our Russian cement subscribers over the years with interest, having first met him at the Cemtech St Peterburg conference back in 1993. Initially a plant engineer, he had, following the Yeltin privatisation bonanza, gained a substantial holding in his cement factory - Caucasus Cement in what was to be the breakaway north Caucasus republic of Karachayevo-Cherkessia. A successful period was to follow, with the plant prospering and our subscriber and fami... |