Cement News tagged under: international
AdBri shares are over Boral affair01 October 2004, Published under Cement NewsAdelaide Brighton shareholders appear to have recovered from the abandonment of Boral’s $867 million takeover bid, notes the Sydney Morning Herald. Just three days after Boral said it faced too many obstacles getting its deal through, AdBri shares touched a five-month high of $1.50 yesterday before closing up 1c at $1.49. Considering AdBri shares slumped to $1.17 when the Australian Competition and Consumer Commission rejected Boral’s $1.60 a share takeover bid in May, it appears the market... |
Diamond Cement opening01 October 2004, Published under Cement NewsPresident John Agyekum Kufuor on Tuesday inaugurated the 15-million Dollar Diamond Cement (Ghana) Limited (DCGL) at Aflao in the Ketu District of the Volta Region, Ghana. The Indian-owned clinker and slag grinding factory (Managing Director Motaparti Prasad) which began production in 2002 with an annual production of 700,000t, is expected to produce up to 800,000t in the future to provide 400 direct and 1000 indirect employment. President Kufuor, inaugurating the factory as part of his th... |
Conch ranked most competitive company in China30 September 2004, Published under Cement NewsShanghai-listed Conch Cement has been ranked first in competitiveness among listed companies in China in the first half of this year, according to a result of monitoring on competitiveness of China’s listed companies conducted by the China Academy of Social Sciences. The company reported 47.7 per cent in gross profit ratio in the first half, higher than the 36.7 per cent for the same period last year and 41.6 per cent for the whole year of 2003. According to a report issued by the co... |
Cruz Azul to build US$300mn Puebla plant30 September 2004, Published under Cement NewsMexican cement maker Cementos Cruz Azul will start a 24-month construction project on a US$300m, 1Mta capacity cement plant in Puebla state municipality Palmar de Bravo, the state government announced. For improved access, the company will build a 14km railroad and a stretch of road connecting the plant to the Puebla-Orizaba highway. And as an incentive for building the plant on 320ha of "marginalized" land, the state will not charge manpower taxes, the government said. Cruz Azul has... |
Cimpor aims to invest EUR100m in South Africa30 September 2004, Published under Cement NewsCimpor aims to invest nearly EUR100m in its South African factory by 2007, director Luis Sequeira Martins has said. Cimpor wants to boost its production capacity at its factory in Natal eastern South Africa to 1.7Mta from the current 1Mt, Martins said was reported as saying by local news sources. The Portuguese cement maker also plans to increase its production capacity in Egypt, Morocco and Tunisia, the report said. Cimpor wants to boost its overall production capacity to 30Mt a year b... |
Vietnam to face cement shortage next year30 September 2004, Published under Cement NewsVietnam is predicted to experience a shortage of around 6.5Mt of cement in 2005, mainly due to low production capacity of local cement manufacturers and increasing demand for the product. The country will consume 29Mt of cement next year, while its production is estimated at 22-23Mt, the Vietnam National Cement Corporation (VNCC) said. To deal with the expected shortage, Vietnam will intensify clinker imports from ASEAN and non-ASEAN countries, accelerate the construction of new cemen... |
Cimsa to invest US$30m in Kayseri plant30 September 2004, Published under Cement NewsTurkish cement producer Cimsa will invest US$30m in the enlargement of its factory in Kayseri, central Turkey. The company plans to set up a rock crusher, mill and a kiln at the plant which will cut costs and secure annual production of between 800,000t and 1Mt of cement. The project will be launched in October 2004. At present, the Kayseri plant carries out cement grinding and packing operations. Cimsa, which has cement and ready-mix concrete production, storage and packing facilities i... |
Eurocement posts cement output of 5.2Mt30 September 2004, Published under Cement NewsIn Jan-Aug 2004 Eurocement made produced 5.2Mt of cement, an increase of three per cent from the figure reported in January-August 2003. Packed cement output was about 670,000t, an almost 10 per cent rise from 2003. Total output reached 6.4Mt. Products were shipped to more than 50 regions of Russia and abroad, the company’s press service said. |
President inaugurates Diamond Cement factory, Ghana30 September 2004, Published under Cement NewsThe President of Ghana, Mr John Agyekum Kufuor inaugurated the US$15m Diamond Cement (Ghana) Limited (DCGL) at Aflao in the Ketu District of the Volta. The Indian-owned factory, which began production in 2002 with an annual production of 700,000t , is expected to produce up to 800,000t in the future to provide 400 direct and 1000 indirect employment. President Kufuor, inaugurating the factory as part of his three-day official tour of the Volta Region, appealed to the management of t... |
Investment cements the future of plant, UK30 September 2004, Published under Cement NewsLafarge Cement UK has opened a new control room as part of UK£6m investment in its Cauldon Works. The control system is the latest project to be completed in a UK£6m programme of investment at the works in the last three years. The control room, which is manned 24 hours a day, 365 days a year, has been equipped with the very latest computer control systems for controlling all the major processes around the factory. More than 10 miles of optical fibre cable has been installed to take... |