Cement News tagged under: international
Southern Cement safeguard woes29 June 2004, Published under Cement NewsJapanese cement importer Southern Cross Cement Corp. yesterday denied allegations it owes the Bureau of Customs PHP37.8m in safeguard duties, saying recent newspaper reports "are not reflective of the truth and are merely issued in pure harassment." In a statement, Southern Cross said it deposited "more than PHP64m in cash" with Customs since December 2001 when temporary duties were imposed and another PHP35m in irrevocable letters of credit when definitive duties were ordered last year. Sou... |
TPCC Plans DSE listing in 200529 June 2004, Published under Cement NewsThe Tanzania Portland Cement Co Ltd (TPCC), manufacturer of Twiga Cement, has said it will be ready for listing at the Dar es Salaam Stock Exchange (DSE) in early 2005. TPCC, which controls 45 per cent of the market, said its plans to be listed on the Dar bourse remain unchanged. TPCC Managing Director Morten Gade, said: "next year (2005) is when listing will take place.” Last year, TPCC said the company was concentrating and investing heavily on improving quality, service, increasing pr... |
US Builders Group seeks suspension of Mexican cement25 June 2004, Published under Cement NewsCiting rising cement prices and tight supply, a group representing US construction firms has called for suspension of punitive tariffs on imports of Mexican cement. Last month, Mexican cement maker Cemex SA (CX) said Mexican suppliers could probably solve the U.S. shortage, but that exports have been hindered by 14-year-old anti-dumping duties that are now at $52 a ton with cement prices in the low $70s a ton. In a letter Wednesda... |
FLS to build cement production line for Pakistani D G Khan Cement25 June 2004, Published under Cement NewsDanish cement and minerals processing equipment maker FLSmidth A/S (FLS) will build a cement production line for Pakistani D G Khan Cement for 60 mln euro (US$72.3m), it was reported. The line will have a production capacity of 6700tpd of cement. FLS will deliver the equipment and the machines to D G Khan in a 20-month period. D G Khan’s production plant is due to be operational in 2007. FLS said the order would not have a major impact on its 2004... |
Cemex to utilise used tyres in concrete production25 June 2004, Published under Cement NewsMexican cement producer Cemex will utilise used tyres in concrete production, Cemex head of engineering, Luis Mejia, said. Apart from utilising used tyres as an energy source in some of its plants, Cemex will use them as a raw material in the manufacturing of pavement concrete. The new application of tyres is aimed at reducing the tyre waste problem in towns and cities, Mejia added. Tyre recycling and grinding is technically feasible, the problem is in making the technology for grin... |
Indonesia Semen Gresik 5Mt cement sales Up 15 per cent on year25 June 2004, Published under Cement NewsIndonesia ’s largest cement maker PT Semen Gresik said its total cement sales in the first five months of this year rose 15% on year to 5.91Mt from 5.15Mt, due to an increase in domestic sales and exports. Semen Gresik’s domestic cement sales during the period rose 16 per cent to 5.08Mt, from 4.38Mt in the same period last year. Its cement exports gained 7.3% on year to 825,127t in the January to May period from 769,174t. ... |
Greek Halyps Cement eyes Euro 50m investments25 June 2004, Published under Cement NewsGreek cement company Halyps Cement, a subsidiary of Italy’s cement producer and distributor Italcementi Group, plans to invest euro 50m (US$60.3m) in new production technology and environment protection over a five-year period, it was reported. The company’s share on domestic market stands at between six per cent and seven per cent. Halyps management envisages steady economic performance in 2004 due to the company’s involvement in construction pro... |
Bolivian cement production up 12 per cent25 June 2004, Published under Cement NewsBolivia ’s four cement producers have increased cement production to 472,819t during the first five months of 2004, a 12 per cent increase compared to the same period in 2003, Correo del Sur reported. For the five months to May share of production by department was calculated as follows; Chuquisaca 26.7%, La Paz 24.6%, Cochabamba 21.1 per cent, Santa Cruz 14%, Oruro 7.3% and Tarija 6%. Santa Cruz has shown the largest growth, increasin... |
Boral extends bid for Adelaide Brighton to 8 October25 June 2004, Published under Cement NewsBoral Ltd has extended its takeover offer for Adelaide Brighton Ltd by about three months. The offer is now scheduled to close on 8 October and Boral will consider around the end of September whether to extend it further. The offer remains subject to all conditions set out in the bidder’s statement, which includes the ACCC condition. On 4 June, the Australian Competition & Consumer Commission initiated proceedings a... |
Lafarge eyes buyouts to increase capacity25 June 2004, Published under Cement NewsLafarge India will consider acquisitions to enhance its manufacturing capacity following an increase in demand for cement. The company at present has a manufacturing capacity of 5Mt of cement and three million tonnes of clinker. The company has reported capacity utilisation of over 80 per cent. |