Cement News tagged under: international
Portland cement and clinker from Mexico25 October 2004, Published under Cement NewsThe US Department of Commerce is extending the time limit for the final results of the administrative review of the antidumping duty order on gray portland cement and clinker from Mexico until December 20, 2004. This extension applies to one manufacturer/exporter, CEMEX, S.A. de C.V., and its affiliate, GCC Cemento, S.A. de C.V. The period of review is August 1, 2002, through July 31, 2003. Section 751(a)(3)(A) of the Tariff Act of 1930, as amended (the Act), requires the Department to i... |
UltraTech Cement to step up exports25 October 2004, Published under Cement NewsULTRATECH Cement will increase its cement and clinker exports to 4Mt this financial year, up from 3.5Mt during the previous fiscal, said Mr Kumar Mangalam Birla, Chairman UltraTech Cement Ltd, at a news briefing here today. With the firming up of overseas cement prices, cement manufacturers who have facilities along the west coast of the country have been finding exports very profitable. Exports from UltraTech, which accounted for 40 per cent of all cement export out of India in the las... |
Gujarat Ambuja plans captive agro-fuel based power plants25 October 2004, Published under Cement NewsGUJARAT Ambuja Cements Ltd is setting up two captive power plants, a 24 mega-watt plant in Punjab and a 60 MW plant in Gujarat that would run on both coal and agro-based fuels. This would perhaps be the first time that a cement producer is setting up an agro-based power plant, said Mr Anil Singhvi, Executive Director, Gujarat Ambuja Cements Ltd. The plants will be set up at a total cost of Rs 265 crore. While the Punjab plant will be set up by the end of the company’s current fiscal, the ... |
French banks fund equipment imports25 October 2004, Published under Cement NewsSociéte General SG and BNP Paribas of France yesterday signed a credit agreement with the Vietnam Construction Im-Export Corporation (Vinaconex) in Hanoi to finance equipment imports for the first phase of the Cam Pha Cement Plant, currently the largest cement project in Vietnam, State media said. The two banks will lend Vinaconex about $150m within ten years, including a grace period of three years, to fund the imports of equipment for the plant in northern Quang Ninh province. The Cam Pha... |
L&T officially becomes UltraTech Cement, India22 October 2004, Published under Cement NewsL&T Cement will now be sold as UltraTech Cement, the brand-name for products of the spun-off firm the Birlas bought from the engineering major. Kumar Mangalam Birla, who sits at the head of the company culled out of L&T, has decided to shovel Rs 200 crore into plans that will maximise efficiencies and tap assets. Talking to reporters on the transition from the L&T Cement to Ultratech Cement, he unveiled a new tag-line — The Engineers’ Choice — and announced that the brand makeover will be... |
GCC net profit falls 15%, Mexico22 October 2004, Published under Cement NewsMexican cement maker Grupo Cementos de Chihuahua reported a MXP196m (US$17mn) net profit in the third quarter this year, down 14.9% from 3Q03, the company reported. Operating profit grew 2.2% to 308mn pesos. In the quarter, net sales grew 7.5% to MXP1.15bn compared to the same quarter last year thanks to an 18.3% boost in US sales to MXP633m. Meanwhile, Mexican sales dropped 3.4% to MXP513m. According to GCC, the US sales growth reflects strong demand and higher prices, while the dro... |
Grinding plant underway, Vietnam22 October 2004, Published under Cement NewsDonafrance, a venture between Lafarge and Vietnam’s Doan Duc Co., started building a cement grinding plant yesterday in Nhon Trach District of Dong Nai Province. Construction of the station in Phuoc Khanh Commune will cost around US$30m. When it is finished by late next year, the station, covering 60,000 M2, is expected to turn out 500,000 tons of cement a year. Donafrance general director Marc Jarrault said the station would supply cement to HCMC, Dong Nai, Long An, Ba Ria-Vung Tau and the... |
Ivano-Frankivsktsement increases production, Ukraine22 October 2004, Published under Cement NewsIn January-June, the Ivano-Frankivsktsement company, ranking among top five cement producers, increased cement production by 3.5% or 8,700t compared with the same period of 2003, to 258,600 tons. According to a statement from the company, in January-June Ivano-Frankivsktsement increased slate production by 7.4% or 8.7 million relative plates compared with the same period of 2003, to 127m relative plates. In 2003, the enterprise produced 522,700 tons of cement, and 274.5 million relative ... |
Anhui Conch sees pick-up after slow quarter , China21 October 2004, Published under Cement NewsThe mainland’s largest cement producer Anhui Conch Cement expects a stable fourth quarter this year after a sharp rise in energy costs brought what analysts call a "disastrous" performance between July and September. Company secretary Zhang Mingjing said yesterday that energy costs shot up a quarter-on-quarter 19 per cent in the three months to September as four production lines with lower efficiency and utilisation came on stream. Energy costs - coal and electricity - accounted for 59 ... |
Lafarge Opens EUR50m plant in Serbia21 October 2004, Published under Cement NewsLafarge said it would open a EUR50m ($63m) upgraded cement plant in the Serbian town of Beocin. "Lafarge’s expansion in central Europe will take another step forward tomorrow with the inauguration of a fully modernised cement plant with a capacity of 1.5Mt," the company said. The plant represents the largest foreign investment in Serbia in the last five years, the company claimed. "The Beocin plant now has everything it needs to serve the dynamic construction market in Serbia and Mon... |