Cement News tagged under: international
June cement despatches dip02 July 2004, Published under Cement NewsCement despatches of cement majors Grasim Industries and Gujarat Ambuja Cements have dipped in June due to monsoon, while despatches of UltraTech Cemco have increased marginally. Grasim’s despatches stood at 1.052Mt in June, a 2.78 per cent decline against despatches of 1.086Mt in June 2003. The company’s production stood at 1.032Mt in the month. Gujarat Ambuja Cement’s despatches for the month dipped by 1 per cent at 1.17Mt, against 1.18Mt in the corresponding period of the previous yea... |
Siam Cement eyes top spot02 July 2004, Published under Cement NewsKan Trakulhoon, the heir apparent at the Siam Cement Group, aims to turn the conglomerate into the No-1 player in Southeast Asia in all of its core businesses - reports The Nation."We don’t want to be merely a domestic player. We must be able to compete and become number one in Asean in every core business that we do, be it in cement, building materials, chemicals and paper," he said. "Therefore, a key challenge is that we have to develop our people to become regional citizens, not merely Th... |
Lafarge expands in China02 July 2004, Published under Cement NewsLafarge has undertaken to moves to strengthen its cement interests in China. The first involves the building of a second production line at its Dujiangyan works. This US$58m investment will double the cement capacity at the cement plant, which primarily serves the Chengdu market in south-western China, to 2.8m tonnes. It is expected that the additional production line will come on stream towards the middle of 2006. The original 1.4m tonnes per annum production line at Lafarge’s Dujiangyan... |
Wienerberger moves into Russia02 July 2004, Published under Cement NewsWienerberger AG is investing €30m in a brick plant at Kiprevo, in the Russian province of Vladimir, some 130 km to the north of Moscow. This represents the world’s leading brick producer’s first entry into the Russian market. Work on the Kiprevo brick works is expected to start this autumn, if all goes according to plan. The plant, which, unusually, will be producing both hollow bricks and facing bricks is scheduled to come on stream in the spring of 2006. The initial capacity will be 60... |
Buzzi Unicem to raise additional equity02 July 2004, Published under Cement NewsAlthough Buzzi Unicem already has one of the strongest balance sheets among the international cement groups, it is planning to raise some €205m through a two-for-fifteen rights issue. The proceeds of the issue will be used to finance part of the acquisition of Banca IMI’s 24.19% stake in Dyckerhoff. Buzzi Unicem already owns 67.01% of the ordinary shares in Dyckerhoff and adding the shares parked with IMI Investments will take the holding in the Dyckerhoff ordinary capital to 91.20% of the ... |
Saint Gobain expanding in Russia02 July 2004, Published under Cement NewsSaint Gobain Isover is more than trebling its capacity to produce insulation materials in Russia, where it is already the leading producer. This will take the form of an extension of the glasswool production facilities at its Yegorievsk plant near Moscow. That plant originally went into production during 2003 and has been running at capacity ever since. The new production line should come on stream during the summer of next year and will be supplying both the Russian and neighbouring marke... |
Boy 9, to face death penalty?01 July 2004, Published under Cement NewsMichigan, US: A 9-year-old boy is expected to face a judge next week for allegedly defacing a concrete floor with his bicycle, according to local Detroit news reports. The alleged incident occurred in April 2003 on a freshly-poured concrete floor inside the garage of a home that was being built in the Rowland Meadows subdivision in Chesterfield Township. Police arrested one boy for destruction of property and the 9-year-old boy was apparently accused by other children in the neighborhood, ac... |
Kesoram plans to raise cement capacity01 July 2004, Published under Cement NewsKesoram Industries, the BK Birla group flagship, plans to invest Rs 350 crore to raise the capacity of its cement plant. ’We want to increase capacity in cement . We are examining the issue and a decision is expected in the next four to six months,’ chairman B. K. Birla said to the local Telegraph newspaper. The cement capacity will go up 35 per cent, from 3Mt to 4Mt, at a cost of Rs 350 crore, Birla said. The extent of expansion at the company¹s tyre plant, based in Orissa, is not known at ... |
Cement sales fall01 July 2004, Published under Cement NewsCement sales in Chile totalled 1.57Mt in the first five months of 2004, a 2.8 per cent decrease from sales of 1.61Mt in the same period in 2003, according to a report by a Chilean brokerage house. The drop reflects falling demand for cement from large ongoing infrastructure projects, which have already reached the final phases of their implementation. Cement sales in May 2004, however, increased by 5.4 per cent compared with May 2003. Cement manufacturers Cemento Melon, which is owned by the ... |
Saudi Southern Province Cement01 July 2004, Published under Cement NewsThe cement output of Saudi cement producer Southern Province Cement (SPC) rose to 987,000t for the first three months of 2004 from 883,000t in the corresponding period of 2003. Local cement sales stood at 898,000t, compared to 879,000t. Cement exports increased to 73,000t from 16,000t and clinker exports registered a significant drop to 27,000t from 191,000t. The total output of Saudi Arabia’s eight cement companies rose to 6.1Mt from 5.6Mt. Southern Province Cement was established in 1978... |