Cement News tagged under: international
Ash Grove to build US$250m plant15 July 2004, Published under Cement NewsAsh Grove said this week it has struck a deal to build a US$250m plant less than 40 miles northeast of Las Vegas on land owned by the Moapa Band of Paiute Indians. Ash Grove Cement expects the plant would bring a steady influx of cash and 100 to 130 new jobs to the reservation while helping the company meet rising demands for cement in this area. "This should be a long-term revenue source for the tribe and will help us put additional product into a market that’s right now struggling to get... |
Cement demand in Spain rises15 July 2004, Published under Cement NewsCement demand in Spain stood at 23.87Mt for the first half of 2004, up 3.4 per cent year-on-year, Spanish Cement Makers Association OFICEMEN said on July 14, 2004. Spanish cement output stood at 23.03Mt, a rise of 4.6 per cent year-on-year. Spanish cement exports went up 23 per year-on-year to some 749,000t, while imports decreased by 0.2 per cent from the first half of 2003 to 3.69Mt. Spain imported cement chiefly from Egypt, Turkey and Russia, some 1.4Mt of the whole imports for the perio... |
Ultra-high-strength silica fume cement15 July 2004, Published under Cement NewsMitsubishi Materials and Ube Industries have announced their joint development of a ultrahigh strength silica fume cement called Silica Fume Cement Super. By increasing the quantity of silica fume and optimizing the composition and manufacturing method for the cement, the partners have to realized an ultra-high strength of 150N/m2, a compressive strength not possible with silica fume cement of the past. It has also enabled concrete pumping which was impossible in the past. Another featur... |
Royalty on mining production15 July 2004, Published under Cement NewsThe royalty on mining production proposed by Chile’s government to the Congress will not only affect copper miners, but also cement manufacturers since production costs will go up. The government of Chile plans to tax mining companies by 1% of their net annual sales. Specialists say that the measure will affect competitiveness on the domestic market since imported cement may be sold at lower prices compared to the national product. |
Ashaka Cement denies labour lay-off15 July 2004, Published under Cement NewsManaging director of Ashaka Cement, Alhaji Mohammed Daggash, yesterday said the company has not commenced workers retrenchment. Daggash, in an interview with newsmen at Ashaka, said though the company had the intention to retrench workers, the exercise is yet to commence. According to him, the company would not embark on any rationlisation without informing its board of directors and the state Governor, Alhaji Danjuma Goje. The governor, at a recent visit to the company pleaded with manage... |
Dhaka For BIS Waiver15 July 2004, Published under Cement NewsEyeing the land-locked north-eastern states in India to market cement manufactured in Bangladesh, Dhaka has mounted pressure on India for waiving the mandatory Bureau of Industrial Standard (BIS) certification. The issue assumes greater significance as Bangladesh-based Lafarge Surma Cement project is likely to commence production of 1.2Mt of cement from 2005. Bangladesh is looking at cement exports of about 5Mt to the seven north-eastern states at comparative cost advantage of 10 per cent. ... |
Votorantim to build new cement plant, Brazil14 July 2004, Published under Cement NewsBrazilian cement company Votorantim is analyzing the possibility of building a cement plant in the capital of Bolivia’s Santa Cruz region, according to local news reports. Votorantim subsidiary Itacamba Cemento is undertaking studies to build a 350,000tpa plant costing US$15m. The new plant would produce the firm’s Camba brand product, Wilson Dos Santos, president of Itacamba told BNamericas. The new cement plant would seek to take advantage of a boom in the Bolivian cement market and w... |
TPI : disappointing 2Q04, but full year 2004 promising, Thailand14 July 2004, Published under Cement NewsTPI Polene (TPIPL) announced disappointing 2Q04 earnings with a normalised net profit of Bt701m down 46% QoQ, but up 44% YoY. This is below estimated normalised net profit of Bt1216m, this was due mainly to the high cost of goods sold, high SG&A expenses and high interest payments. Although 2Q04 earnings were disappointing, sales and normalised earnings for the first 6 months were Bt10,459mn and 2,004m, respectively, or around 48 per cent of full year estimates. So 2004 forecast for sal... |
Relocation for Bau Holding new plant14 July 2004, Published under Cement NewsAustrian construction company Bau Holding is likely to construct the cement factory, originally planned to be located in Hungary, in some of the country’s neighbouring countries. The company regards Slovakia as one of the possible locations for its investment project. Initially, Bau Holding wished to construct the HUF27bn Hungarian forints (US$133m) factory in the village of Bukkosd, southern Hungary. However, the village residents, being afraid of environmental damages, voted against th... |
Producers to appeal ruling on tariff, Philippines14 July 2004, Published under Cement NewsAn umbrella group of Philippine cement producers said that it will appeal a recent Supreme Court ruling that struck down a special tariff on imports imposed by the government. The Cement Manufacturers Association of the Philippines said in a statement that it has yet to secure a copy of the ruling issued Friday, but noted its readiness to appeal the decision. The government imposed the special tariff - amounting to 20.60 peso/ 40kg bag - in December 2001 after local cement producers ... |