Cement News tagged under: international
Yanbu Cement Jan-Sept 2004 net profit increase, Saudi Arabia12 October 2004, Published under Cement NewsSaudi cement producer Yanbu Cement Company (YCC) posted a net profit of SAR337.5m (US$90m) for the first nine months of 2004, up by 12.9 per cent YoY. YCC registered earnings per share (EPS) of SAR16.08 (US$4.29), up from SAR14.24 (US$3.79). Net sales rose to SAR593m (US$158.1m) from SAR566m (US$150.9m). |
Lafarge substitute fuel to be decided, UK12 October 2004, Published under Cement NewsLafarge Cement UK wants to switch from burning coal in the cement kiln at its Aberthaw works and burn bonemeal as a partial substitute. A final decision on the plan will be taken by Environment Agency Wales which has organised a series of surgeries to allow residents to raise any concerns. Lafarge Cement UK says using meat and bone meal as a partial fuel substitute will provide up to 30 per cent of the thermal energy requirements of the kiln. The products would be processed into a po... |
ACCC acknowledges Boral’s withdrawal of AdBri bid11 October 2004, Published under Cement NewsThe competition regulator today formally acknowleged that legal proceedings against Boral Ltd’s troubled $840m bid for Adelaide Brighton Ltd had been called off. Boral last month abandoned its takeover bid for the cement and lime producer, explaining it was no longer worth the time, money and effort of a court battle with the Australian Competition and Consumer Commission (ACCC). The ACCC had opposed the bid in the Federal Court, with legal proceedings begun in June. However thos... |
Vietnam to face cement shortage Of 6.5Mt In 200511 October 2004, Published under Cement NewsVietnam expects to face a cement shortage of about 6.5Mt next year, as demand is increasing faster than domestic supply, a government executive said. Next year’s requirement is forecast at 29Mt against a domestic output of 22.5 million tons, the executive at the state-owned Vietnam Cement Corp said. "To meet the demand, VCC will need to import several million tons of clinker for domestic plants," the executive, who declined to be named, said. Vietnam plans to produce 7Mt of cement us... |
Government testing center defends Island Cement test results11 October 2004, Published under Cement NewsThe Bureau of Research Standards (BRS) has belied accusations that its testing equipment for cement products are outdated, saying the results of the state-run testing center are reliable. Director Antonio Molano of the Department of Public Works and Highways-Bureau of Research Standards said the agency was standing by the dependability of the results of the government product testing centers, adding that while their equipment may not be new, they were still in good working condition. ... |
Javedan Cement Ltd posts INR121.697m, India11 October 2004, Published under Cement NewsJavedan Cement Ltd (JCL) has posted a record profit of Rs 121.697m during the year 2003-2004. According to JCL here on Thursday, for the first time the company has reported such a big profit in the last 12 years. Chairman State Cement Corporation Abdul Bari Khan said that the earning per share of the company was Rs 1.51, but due to accumulated losses of the past, the payment of cash dividend has been reduced to only 75 paisa per share. Bari Khan said that JCL sold 353,906 tons of clinker... |
INC plans to invest US$15mn next year, Paraguay11 October 2004, Published under Cement NewsParaguay’s state cement company Industria Nacional del Cemento (INC) plans to invest US$15m next year to optimize and increase production, local paper La Nación quoted INC president Amílcar Troche as saying. More ambitious plans call for the construction of a new 1.2Mt clinker production line that would cost US$80mn and assure cement production for 20 years, said Troche, adding however that the lack of public works "dynamism" has stalled sales. Regarding dumping charges filed by the ... |
Govt considers use of cement-concrete mix for roads11 October 2004, Published under Cement NewsDelhi government is in an experimental mode these days. The latest technology being considered to make roads maintenance free and last longer is using the cement-concrete mix instead of bitumen on roads. Urban development minister A K Walia said: "We are considering the use of cement-concrete mix for roads that are more susceptible to waterlogging. This technology has lower maintenance costs." This technology is however 2.5 times costlier. A kilometre of bituminous road, for instance, co... |
Decision time for the Benelux08 October 2004, Published under Cement NewsPlans by HeidelbergCement to rationalise its Belgium and Netherlands cement-making operations are expected to be announced later this month. At present HeidelbergCement operates two large capacity clinker works in Belgium at Lixhe, where a new kiln line was completed two years ago, and also at Antoing together with some recently expanded clinker grinding capacity in the port of Gent. In effect some 3Mta of cement capacity. In the Netherlands, HeidelbergCement subsidiary ENCI operates... |
UK cement price increase analysis08 October 2004, Published under Cement NewsEarlier reports quoted on CemNet earlier this week concerning possible 10-15 per cent price rises by Castle Cement in the UK have prompted analysts at Exane BNP Paribas to delve deeper into the implications for the UK cement and building materials sectors. In essence, the commercial director of Castle Cement (HeidelbergCement’s UK subsidiary), has warned that cement prices are set to rise by 10-15 per cent in the UK in January 2005 (for bagged cement) and March 2005 (for bulk cemen... |