Cement News tagged under: international
Rochester mill in service31 August 2004, Published under Cement NewsRugby Cement, part of the RMC Group, has re-commissioned Cement Mill 5 at the company’s Rochester plant in Kent to meet growing customer demand in the South East. Following a £1 million investment, the cement mill, which had been non-operational for more than three years, has been fully refurbished and restored to become Rugby’s second largest mill with an approximate capacity of 80tph. During the 37 months when the mill was non-operational it received no maintenance and a major overhaul... |
Titan completes Pennsuco enlargement early31 August 2004, Published under Cement NewsTitan’s first half turnover increased by 7.9% to €5261.7m, which represents a 12.4% advance at constant exchange rates. The operating profit at the EBITDA level rose by 19.5% to €144.2m, which represents a 22.3% improvement excluding exchange rate movements, while the pre-tax profit advanced by 56.2% to €101.7m. Group shipments of cement and clinker rose by around 9% to 6.7m tonnes and the aggregates volume rose by a similar percentage to 10.7m tonnes. Deliveries of ready-mixed concrete, ... |
Vietnam: cement sales rise31 August 2004, Published under Cement NewsThe total volume of cement sales on the domestic market reached almost 16.6 million tonnes in the Jan-Aug period or up 13.2 percent year on year. Local cement factories reported a combined output of 16.2 million tonnes in the period under review, making up 63.3 percent of the annual target and a 7.5 percent increse over last year’s corresponding figure. The Viet Nam Cement Corporation (VNCC), the country’s major producer, has turned out 7.5 million tonnes so far this year. In order to a... |
Colombia’s Argos to sell coal mine31 August 2004, Published under Cement NewsColombian cement group Argos SA and affiliates have agreed to sell their La Jagua coal mine to Swiss-based commodity trader Glencore International AG, the companies said on Monday. The sale by Argos and its affiliates Cementos del Caribe SA (CCB.CN) and CI Carbones del Caribe SA will go through on Dec. 31, 2004, the companies said on the Securities Superintendency Web site. They did not provide a price. An Argos spokesman said the company would not reveal the price of the deal at this time... |
Govt considers using seized cement for housing31 August 2004, Published under Cement NewsThe Mexican government is looking for a way to take advantage of the 27,000 tons of cement that could be retained by customs under to litigation against the company Comercio para el Desarrollo Mexicano (CDM) due to alleged illegal importation. The Housing Commission of the Chamber of Deputies called on the Treasury Secretariat to use the seized cement cargo for the construction of housing in rural areas of the country. Roberto Pedraza Martínez, chairman of the commission, said that this ... |
Sales rush in South Africa31 August 2004, Published under Cement NewsThe property boom, which has seen house prices rise by more than 20% in the past year and has sparked a rush to build new homes, has put pressure on producers of bricks and cement, boosting sales to levels not seen for 20 years or more. Both cement and brick producers report extremely strong demand across the country and many have expanded production to meet what they expect will be a continuation of accelerated sales for some years. Kevin Jacobs, executive director of the Clay Brick Assoc... |
Delhi tops in india’s cement consumption in q131 August 2004, Published under Cement NewsCement consumption, an indicator of overall construction activity, recorded the highest growth rate in Delhi, followed by Haryana and Madhya Pradesh during the first quarter of the current fiscal. The growth rate in Delhi was recorded at 27 per cent, followed by Haryana at 19 per cent and Madhya Pradesh at 17 per cent. Cement consumption growth in central region stood at 9 per cent in April-June 2004 which was higher than the 2 per cent national consumption growth for the same period, said C... |
Holcim Looking For Asian, LatAm Growth31 August 2004, Published under Cement NewsHolcim’s Chief Executive Markus Akermann told Finanz und Wirtschaft Saturday that the cement company is looking for growth in Latin America and Asia. Akermann said Holcim has minority stakes in China and in Central America which it will increase or turn into majority holdings at some point. He added Holcim also plans to take a stake in an Indian producer or build a plant in that country. |
Jaiprakash to invest31 August 2004, Published under Cement NewsJaiprakash Associates Ltd, India is going to make an investment of Rs 375-400 crore in Madhya Pradesh under its capacity expansion plan. The company has two cement-manufacturing units in the Rewa district of the state, whose capacities are to be expanded. The existing plants of the company, namely the Jaypee Rewa Plant and Jaypee Bela Plant have a manufacturing capacity of 2.5 million tonnes and 1.5 million tonnes per annum, respectively. According to a company source, the company is pl... |
Legal challenge to Boral’s take over of AdBri delayed31 August 2004, Published under Cement NewsA hearing over a legal challenge to building group Boral Ltd’s takeover bid for Adelaide Brighton Ltd has been delayed today as the parties are yet to finalise evidence. The Federal Court in Melbourne today granted an adjournment of the hearing of the Australian Competition and Consumer Commission’s (ACCC) proceedings against the proposed takeover. Boral said today the delay in the court action would mean that a resolution of the matter may not be achieved by the end of calendar 2004. ... |