Cement News tagged under: international
Manufacturers blame cost of cement26 August 2004, Published under Cement NewsCement manufacturers in Nigeria, say the prevailing harsh business environment is responsible for the rising price of the product. It will be recalled that a bag of cement is now sold for about one thousand Naira or more, depending on the brand and location. Chairman of Non-metallic mineral products sectoral group of the Manufacturers Association of Nigeria, Dr. Ayola Kolawole Fasina, attributed the consistent price rise on persistent scarcity and exorbitant cost of petroleum products an... |
PPC expansion announced25 August 2004, Published under Cement NewsPretoria Portland Cement Co Ltd (PPC), one of South Africa’s largest cement producers, plans to begin a 1Mta four-year capacity expansion project valued at an estimated R750m, due to the combination of rising recent and future expected cement demand growth and the planned retirement of older PPC production lines. PPC said its board had approved the expansion project for the inland region of South Africa, with the first phase of planning set to begin during the financial year to end-Septe... |
Development plans to help boost construction25 August 2004, Published under Cement NewsThe Taiwanese Legislative Yuan yesterday passed a budget for the long-awaited ten new development plans. These plans seem particularly promising to the cement and steel industries. The NT$36.5 billion budget, originally for this fiscal year, will be used for infrastructure construction. Steel and cement industries believe their earnings will benefit from the plans next year. According the Taiwan Cement Corp., money allocated to cement in the budget is around NT$12.5-15 billion. "At the ... |
Govt fixes cement factory price25 August 2004, Published under Cement NewsHonduras’ government has fixed the factory price of a one-quintal bag of cement at 70 lempiras (US$3.93) in an effort to halt rising prices, local press reported. In the first two weeks of August, cement producers in the country increased the price of a bag of cement by 12%, causing the price in some stores to increase to almost US$5.05 a bag. However, the government has said it is fixing the price in the short-term in the interests of the country. Buyers will now have the option of pur... |
July cement sales dip25 August 2004, Published under Cement NewsCement sales in Peru fell 5.8% in July to 309,956t in comparison with same month last year, according to figures from cement association Asocem. Brokerage Centura SAB attributed the high level of purchases in July 2003 to an anticipated value added tax increase in August last year. Leading cement producer Cementos Lima saw its sales dive 9.1% year-on-year for the same reason and the July 14 national strike, according to the brokerage. The country’s second largest producer Cementos Paca... |
Siam Cement expansion24 August 2004, Published under Cement NewsSiam Cement targets sales to grow in line with the market average to 10Mt this year for domestic sales plus with another 5Mt for export. The company has capacity to produce 23Mta, out of the industry’s total of 53Mta capacity. Furthermore, SCI’s current annual capacity of 400,000 tonnes of mortar cement is totally utilised. To serve the expected rise in demand, the company will invest about 200 million baht to raise capacity by 50%. By mid-2005, capacity for mortar cement, mainly used in res... |
Canacem to fight Russian cement imports24 August 2004, Published under Cement NewsMexico’s national cement chamber Canacem aims to launch a legal offensive against local company CDM (Comercio para el Desarrollo Mexicano), which is trying to import cement from Russia, El Financiero reports. The federal customs agency has embargoed CDM’s ship the Mary Nour at Altamira port as it determines whether the company has the proper permits to unload its 27,000t of cement. In response, CDM is trying to unload its cargo through another company that already has proper permits - Ma... |
China’s cement output growth slows24 August 2004, Published under Cement NewsThe increase rate of China’s cement output in the first seven months of this year continued to fall. Statistics show the output came to 502.62Mt, up 17 per cent year-on-year. Included was the monthly output of 77.62Mt in July, up 10.4 per cent over the year-earlier period but lower than any month of this year. China sold 492.21Mt of cement in the first seven months of this year. Its inventory by the end of July was 42.3Mt, and its sales/production ratio was 97.93 per cent, up 0.23 perce... |
Chia Hsin Cement raises cement prices24 August 2004, Published under Cement NewsChia Hsin Cement Greater China Holding Corp said it raised its cement prices by 5-10 percent at the end of July as China’s macro-economic measures helped to control the supply of cement. "Despite a 30-percent increase in production capacity from its expansion of cement grinding mill, the company still experienced excessive demand for its cement products," Chia Hsia Cement said in a statement. Other factors which kept supply moderate were the power outages which affected certain cement p... |
Constructors Urged to Use local materials24 August 2004, Published under Cement NewsRoad constructors in Uganda have been urged to increase the use of locally manufactured materials to lower the unit cost of roads. This will allow the government to increase investment in road network to spur economic development. Speaking during a presentation on alternative use of cement at the Hima Cement offices in Kampala, Eng. Tom Waiharo of Bamburi Cement, the parent company of Hima, said road construction by its very nature requires the haulage of bulky materials and soils to achiev... |