Cement News tagged under: international
Surely some mistake?16 September 2004, Published under Cement NewsThe cost of Cement in Mexico is 15% lower than in the United States despite differences in the two countries’ distribution and marketing practices, reported the director of the National Cement Chamber (Canacem), Osmín Rendón. The official explained that at the close of July, the average price of sacks of cement was US$156 and US$135 per ton in the United States and Mexico, respectively. He explained that this was despite the fact that the conditions in the Mexican market are less favorable f... |
Chilanga Increases Cement Price By 6%16 September 2004, Published under Cement NewsChilanga Cement Plc has increased the price of cement with immediate effect. Chilanga Cement managing director Ian Coulter yesterday said that the company had decided to increase the price of the commodity by six per cent as a result of the fuel increase. Coulter said the country has had a 14 per cent cumulative increase in the fuel prices in the past few weeks but that the company had only passed on six per cent. He said the increase in the price of fuel had also increased the cost of pr... |
DJ Peru’s Aug Cement Sales Rise16 September 2004, Published under Cement NewsPeru’s overall cement sales in August rose 16.9% to 405,095t from the same month a year before, with Cementos Lima SA leading the way, the National Association of Cement Producers, or Asocem, said Wednesday. Cementos Lima sold 203,000t of cement in August, which includes 68,662t sold for export in the month, the association said. Cementos Pacasmayo SAA, the second-largest cement producer, had sales of 61,953t in August, it added. In the January to August period, overall cement sales totaled 3... |
Egyptian Misr Cement Qena H116 September 2004, Published under Cement NewsEgyptian cement producer Misr Cement Qena reported a net profit of 36.51 mln Egyptian pounds ($5.9 mln/4.8 mln euro) for the first half of 2004, against 2.79 mln pounds ($447,000/365,000 euro) in the year-earlier period. The increase in earnings was attributed to the 67.4 pct year-on-year upswing in net sales to 150.11 mln pounds ($24.1 mln/19.6 mln euro). The cost of sales rose 47 pct to 89.9 mln pounds ($14.4 mln/11.8 mln euro), which resulted in a gross profit of 63.21 mln pounds ($10.1 ... |
Mary Nour writes to the president15 September 2004, Published under Cement NewsThe Mexican based Commercio para el Desarrollo Mexicano (CDM), heavily involved in the Mary Nour import case has published a paid-for letter in the national Mexican press stating its case for imports. In essence, CDM saw a new opportunity in marketing cement to the National consumer. That’s why it partnered with CTI Group, of Jordan, and Tradeland Commodities, of Spain. “Threatening visits to CDM offices and our homes by, supposedly, federal agents; nameless accusations of us trafficking... |
Aveng calls for more spend15 September 2004, Published under Cement NewsAveng, South Africa, calls for more spend on infrastructure Trade and Industry Editor SA’s infrastructure is starting to creak, with government not yet spending enough to arrest the deterioration, says SA’s largest construction group. Aveng CE Carl Grim said yesterday that all aspects of infrastructure were "creaking", including roads, ports and railways. "We can’t live at current levels (of spending)." This is alarming as good infrastructure is vital to the economic well- being of the cou... |
Thai Goverment spending favours contractors15 September 2004, Published under Cement NewsThailand’s major construction contractors are set to benefit largely from the government’s plan to spend over a trillion baht in mega infrastructure projects in the coming years. The country’s two largest contractors, Italian-Thai Development PCL and CH Karnchang PCL, are the dominant players in big construction and are expected to get the lion’s share of the planned projects, analysts said. Although an uptrend in overall building material prices, especially escalating steel prices, may wei... |
Local producers under pressure14 September 2004, Published under Cement NewsSouth Africa may face a shortage of cement by 2007. SA’s leading producer, Barloworld subsidiary PPC Cement, recently brought forward its expansion plans, announcing last month that it would add a million tons to its production base in a R750m project that it aims to complete by 2008 – reports The Business Day, South Africa Natal Portland Cement (NPC), the largest producer in KwaZulu-Natal, has already imported some cement to meet demand, as it was operating at full capacity. NPC is also... |
Cemex Denies Semen Gresik Sale plan14 September 2004, Published under Cement NewsCemex SA de CV, owner of a 25% stake in Semen Gresik, denied it had given any approval to Indonesian government’s buy back proposal. "This is totally untrue," a spokesman wa quoted as saying. "We have not received any proposal from the Indonesian government and of course we have not agreed to anything." The statement was a response to a statement addressed recently by BUMN Minister Laksamana Sukardi, who said that the government had obtained Cemex’s agreement to... |
Portugal Cimpor invests14 September 2004, Published under Cement NewsPortuguese cement company Cimpor announced on September 13, 2004 it had invested Euro17.8m in the construction of a cement grinding plant in Sines, southwestern Portugal, in the first half of 2004. The plant, although already operational, has not yet contributed to the the company’s revenue. |