Cement News tagged under: international
Indonesia Sept cement consumption up 11.5 per cent28 October 2004, Published under Cement NewsIndonesia’s cement consumption grew 11.5 per cent in September from a year earlier to 2.92Mt, the country’s largest cement producer PT Semen Gresik said, reflecting strong building activity. The monthly sales data is closely watched by analysts because the booming property sector, driven by low interest rates, has been a crucial contributor to economic growth in Indonesia. Some analysts have said domestic cement sales would rise eight per cent this year, helped by property projects and ... |
Mary Nour stranded for over 100 days27 October 2004, Published under Cement NewsIt has now been more than 100 days that the ship Mary Nour and its crew of 41 have been stranded in the Mexican port of Altamira, forbidden from unloading its cargo of cement. CDM, the company trying to import the cement says it has every necessary authorisation and accuses Canacem, the cement chamber representing the Mexican cement industry, of using undue influence to protect an overpriced market. Back in July Cemex, the leading Mexican cement company, obtained a court order to prevent... |
Rail tariff increase will affect cement industry27 October 2004, Published under Cement NewsSouth African rail tariff increases will affect the local cement industry - Aveng SA’s largest construction group, Aveng, has warned that the mooted 40% increase in rail tariffs will have a significant effect on the domestic cement industry, creating uncertainty among investors (reports Business Day, Johannesburg). The cement industry is on the verge of making major decisions about potential multibillion-rand investments in new production capacity as current capacity will be sufficient on... |
Readymix seen as springboard for eastern Europe27 October 2004, Published under Cement NewsThe acquisition of UK cement company RMC by Mexican group Cemex will also represent a step towards expansion on the German market for the Mexican company, as Readymix, the German subsidiary of RMC, ranks third among German cement companies. The acquisition of the UK group is not expected to take place before January 12. There is some uncertainty regarding the future of the German company within the Cemex group, as it is suffering the effects of the weak German building market and is said to ... |
Cement unit may go on stream next month27 October 2004, Published under Cement NewsThe first phase of Century Plyboards’ one-million-tonne cement plant in Meghalaya is expected to be commissioned next month, and the second phase in December 2005. According to Mr Sanjay Agarwal, Deputy Managing Director of Century Plyboards (India) Ltd, the plant is spread over a 150-acre plot and is located at a place called Lumshnong, situated between Silchar and Shillong. Century Plyboards’ cement company is called Cement Manufacturing Co Ltd. Century Plyboards holds 50 per cent and... |
Kirchdorfer Group to build US$6.0m plant27 October 2004, Published under Cement NewsAustrian industrial group Kirchdorfer plans to build a $6m facility for production of sand, gravel and concrete near the Bulgarian Black Sea port city of Burgas, Bulgarian business daily Dnevnik said on Tuesday. "This is just the beginning, we plan serious expansion in this business," Dnevnik quoted the director of Kirchdorfer Group’s Czech cement plant, Otakar Vesely, as saying. "We already have two companies, which deliver sand in the region of Sofia," he said, adding that the Austrian c... |
India infrastructure output27 October 2004, Published under Cement NewsIndia’s infrastructure output growth picked up in September, although the pace of expansion was slower compared with the year-ago month. Infrastructure output rose 5.9% on year in September, faster than a rise of 4.4% in August but slower compared with the 7.9% gain in September last year, government data issued Tuesday show. A continued recovery in electricity production and robust output in the coal and cement sectors led the overall growth in September. For April-September, the first six m... |
Saudi Jan-Sept 2004 cement sales27 October 2004, Published under Cement NewsThe combined sales of Saudi Arabia’s eight cement companies rose to 4.0 bln Saudi riyals ($1.067bn) in the first nine months of 2004 from 3.7 bln riyals ($987m) in the year-ago period, it was reported on October 26, 2004. The cement companies’ total cement output stood at 19.5Mt, up from 18.3Mt. Local sales rose to 18.4Mt from 16.9Mt, while exports totalled 1.5Mt, compared to 1.2Mt. The eight cement companies registered a total clinker output of 18Mt, compared to 16.1Mt. |
Nesher Cement to build private gas-driven power plant27 October 2004, Published under Cement NewsNesher Israel Cement Enterprises is Israel’s sixth company to announce plans to build a private natural gas-driven power station that will compete with IEC. Nesher Israel Cement Enterprises, a subsidiary of Clal Industries and Investments, will build a natural gas-driven power station to supply electricity to its factories, mainly in Ramle, but also in Beit Shemesh. Nesher CEO Joel Feldschuh predicts that the power station will begin operating in the first quarter of 2007. Nesher plans ... |
Orascom to invest in cement industry in Pakistan27 October 2004, Published under Cement NewsA senior delegation of Orascom Telecom SAE of Egypt met with Prime Minister Shaukat Aziz in Islamabad recently and discussed opportunities in Pakistan’s fast-growing telecom sector. Mr. Naguib Sawiris, Chairman and CEO of Orascom Telecom SAE, also congratulated Mr. Shaukat Aziz on his appointment as Prime Minister of Pakistan and thanked him for his support extended to Orascom Telecom and Mobilink over the years. The Orascom Group of Egypt, through Orascom Construction Industries (OCI), i... |