Cement News tagged under: international
Construction materials price rise questioned06 October 2004, Published under Cement NewsPhilippine Administration Sen. Manuel B. Villar, Jr. yesterday called for an investigation into the recent hike in the prices of construction materials. "We are in the midst of a fiscal crisis and the public is at the receiving end of its ill effects. We should protect consumers by stabilising the prices of prime commodities. He asked the Senate committee on trade and commerce chaired by Sen. Manuel A. Roxas II to conduct a probe in aid of legislation on the increase in prices of constructi... |
UK Castle warns of cement price hikes06 October 2004, Published under Cement NewsCastle Cement has that warned cement prices are set to rise by 10% to 15% early next year. Mike Eberlin, Castle Cement’s commercial director, said the move has been prompted by "an exceptional set of conditions" in discussions with reporters from the UK Contract Journal. "If anyone is tendering, we want them to know what’s in the pipeline," Eberlin said. "We’re not used to putting prices up by such a lot, but the cement industry faces high energy price increases, with Castle’s coal bill goin... |
Sabanci interested in Uzan plants06 October 2004, Published under Cement NewsTurkish industrial conglomerate Sabanci Holding is interested in the cement factories of the controversial Uzan family in Lalapasa, Eskisehir, Sanliurfa, Ergani and Gaziantep, the holding’s cement group chairman Erhan Kamisli said on October 4, 2004. The holding will not bid for the other cement plants in Van, Trabzon and Bartin, Kamisli said. The Uzan family’s cement factories, estimated at a value of $400m, were taken over by the Turkish Savings and Deposits Insurance Fund (TMSF), which h... |
Agreement Signed for Cement Factory06 October 2004, Published under Cement NewsThe Eastern Cement Company has signed an agreement with a number of Saudi and Yemeni businessmen to establish a large cement factory in the Yemeni city of Mukla at an estimated cost of US$200m, the Saudi Press Agency reported. The Arab Yemen Cement Company, with a capital of $100m, will supply clinker and ordinary cements to meet the region’s requirements. The factory will have a capacity of 1.2 million tons per annum. |
Benue Cement Company to begin full production next month06 October 2004, Published under Cement NewsBenue Cement Company, Nigeria is to begin full production by next month. Governor George Akume announced this recently at the University of Ibadan when he met with members of the Benue Community in the institution. He said the core investor had assured him that the intensive repair and installation of new machinery going on now at the factory would be completed by then. |
Cement Makers In India05 October 2004, Published under Cement NewsIndian cement companies reported strong sales growth in September as exports surged and demand at home grew owing to the government’s infrastructure projects. The robust numbers, which showed average growth of 14% from a year earlier, caught the market by surprise. Sharad Jain of Cholamandalam Securities said he expected a sales rise of between 6% and 7% (reports the Asian Wall Street journal). "I think the main reason is good demand from the northern and eastern markets," he said. Major... |
Pakistan cement sales rise to 3.2Mt05 October 2004, Published under Cement NewsTariq Saigol, chairman of All Pakistan Cement Manufacturers Association (APCMA), has said that the strong growth in demand for cement was evident in the last fiscal year and continued to accelerate in the first quarter of the current financial year. According to a press release issued on Monday, total dispatches by the cement sector during first quarter amount to 3.20Mt, including 0.26Mt for export to Afghanistan. “This represents capacity utilization in the first quarter of 76.64 percent,... |
Vietnamese production gains05 October 2004, Published under Cement NewsViet Nam has so far this year produced more than 18Mt of cement, a year-on-year increase of 7.3 per cent. In September alone, cement plants turned out over 2Mt, meeting the domestic demand. The Viet Nam Cement Corporation (VNCC) shipped 2Mt of cement to southern provinces to stabilise local cement prices, which are forecast to remain stable from now to the year end. VNCC also announced that its affiliates will produce high-quality cement, PCB 40, beginning this month. |
TPIPL to call meeting with creditors05 October 2004, Published under Cement NewsTPI Polene Plc (TPIPL), the country’s third-largest cement producer, said it will call a meeting with creditors to consider the revision of the company’s business rehabilitation plan in November, especially on the extension of the plan’s timeframe. "TPIPL and its creditors’ committee are under the processes of the plan’s revision in order to extend the timeframe of the plan. We expect that we will be able to call for a meeting of all creditors to consider the revised plan by this November,"... |
Russian domestic cement output05 October 2004, Published under Cement NewsIn Jan-Sep 2004 30.5Mt of cement was produced in Russia, up 12.2% against the same period 2003. Growth rate of cement production was 8.7%. Eurocement produced 5.2Mt of cement, Eurocement’s press-service said |