Cement News tagged under: international
Grasim aims 5-10% rise in cement exports through higher sales to Gulf24 September 2004, Published under Cement NewsGRASIM Industries Ltd is looking at a 5-10 per cent jump in its cement exports in the current financial year on higher sales to West Asian countries through its UltraTech CemCo division. "We expect exports to pick up further in the second half of the financial year, and growth is likely to be between five and 10 per cent," said Mr O.P. Puranmalka, Group Executive President of Grasim’s cement business. On domestic sales, he said increased construction activity after the monsoon rains were... |
Saudi Yamama Cement To Add Cement Mill24 September 2004, Published under Cement NewsSaudi cement producer Yamama Cement Company (YCC) will put into operation an additional cement mill from the end of October 2004, the company said on September 22, 2004. The cement mill will raise YCC’s daily capacity to 15,000 tonnes from the current 10,000t. YCC’s managing director Prince Sultan bin Mohammed bin Saud al-Kabir has recently visited Germany to meet with an unnamed contractor for the project. No financial details were available. YCC registered an 86 per cent YoY increa... |
US GeoLogistics To Acquire Raw Materials for Mexican Cemex24 September 2004, Published under Cement NewsU.S. logistics company GeoLogistics will acquire raw materials on behalf of Cemex under a three-year agreement signed on September 21, 2004, Cemex said. The agreement also envisages that GeoLogistics will sign private and public services contracts for Cemex. The purchases of raw materials to be carried out by GeoLogistics exclude cement, Cemex’s vice president of corporate supplies, Francisco Cue added. GeoLogistics will acquire raw materials for Cemex from 70 countries worldwide. ... |
Mexico cement industry blocks unloading of Russian cement23 September 2004, Published under Cement NewsThe ship Mary Nour and her 41-member crew have been stuck at Mexican ports for more than two months, barred from unloading Russian cement after local producers, including Mexican cement giant Cemex, used safety concerns and technicalities to keep them out of what some call an overpriced market. (reports Dow Jones Newswires) The saga of the Panamanian-flagged ship, whose crew went without fresh water for a week and whose operators stand to lose around $30,000 per day, has touched a raw ner... |
Eco-friendly cement deal with Ecocem23 September 2004, Published under Cement NewsLISHEEN Mines, the Tipperary-based mining subsidiary of Anglo American, has signed a deal for Ireland’s largest supply contract of environmentally-friendly cement. It is to use 120,000 tonnes of cement which will be supplied by Ecocem over four years to build underground supports to increase safety and protect the integrity of the mine. Normally the production of a tonne of cement results in the creation of one tonne of carbon dioxide. However, the agreement to buy pollution-free cement w... |
India’s cement production, capacity doubles in ten years23 September 2004, Published under Cement NewsThe Government of India’s Ministry of Commerce & Industry has issued the following press release: The capacity and production of the Indian Cement Industry has more than doubled in 2003-04 at 158 million tonnes and 124 million tonnes respectively than the level in 1993-94. It is next only to China in terms of capacity and production. This was indicated by Shri E. V. K. S. Elangovan, Union Minister of State for Commerce & Industry, while inaugurating the 43rd Annual Session of the Cement Man... |
Mexican Cemex Invests in Panama23 September 2004, Published under Cement NewsCemex invested US$135m in its 10 years of operation in Panama, Cemex Panama manager Enzo Moshella, said on September 21, 2004. A total of US$29m were allocated for capacity increase, US$12m for environment protection programmes and US$8.0m for equipment. Cemex started operations in Panama on September 1, 1994 after the acquisition of state-owned cement company Cemento Bayano. Cemex products in Panama are marketed under Cemento Bayano, Flexicem, Tolteca and Cemex Concretos brands. |
Chia Hsin Cement to triple capacity22 September 2004, Published under Cement NewsChia Hsin Cement Greater China Holding Corp plans to more than triple cement production capacity by 2006, in part by acquiring producers hurt by China’s macroeconomic controls, an executive said. The current tightening ’has actually opened up a huge window for acquisition opportunities,’ Executive Director Elizabeth L Wang told Dow Jones Newswires in an interview. ’If the tightening measures don’t loosen, then those targets’ financial situations only get more and more difficult. Then we wo... |
Indonesia domestic cement sales up22 September 2004, Published under Cement NewsIndonesian cement consumption grew 13.6 percent in August to 2.88 million tonnes compared with the same period a year ago, according to data from the country’s largest cement maker, PT Semen Gresik Tbk. Monthly cement sales are closely watched by financial markets as an indicator of building activity and consumer demand, the key driver of economic growth in Indonesia. The data also showed Gresik’s domestic sales grew 13.3 percent to 1.25 million tonnes in August. The August national sales... |
Grasim expects exports to rise22 September 2004, Published under Cement NewsGrasim Industries Ltd, a part of India’s diversified AV Birla Group, expects a rise of between 5% to 10% in its cement exports in the current financial year on higher sales to the Middle East. "We should be doing reasonably well on the export front this financial year," said O.P. Puranmalka, group executive president of Grasim’s cement business. "We expect exports to pick up further in the second half of the financial year, and growth is likely to be between 5% and 10%." Turning to dome... |