Cement News tagged under: international
Nepal Maoists abduct workers23 June 2004, Published under Cement NewsMaoists have abducted at least 140 workers of Udaypur [southeastern Nepal] Cement Factory Tuesday. According to our Udaypur correspondent, a group of over 50 Maoists abducted the workers from a quarry of Udaypur Cement Factory - country’s largest cement factory - at Jalajale at around 9.30 this morning [local time]. The workers were abducted while they were getting ready to start their works at the site. Maoists are believed to have taken the workers to make them participate in Maoists-alig... |
Unpaid tax claim23 June 2004, Published under Cement NewsPhilippines: Davao City Councilor Liborio V Lumain urged incoming members of the 14th City Council to thoroughly investigate the unpaid taxes of the Bacnotan Cement Corporation (old name of Davao Union Cement Corporation). In his final privilege speech during Tuesday’s session of the 13th City Council, Lumain read a letter from the concerned citizens about the city’s collectible from Bacnotan amounting to P1.2 billion. "The collectible amount is almost equivalent to our annual budget".... |
SCC looks to expand in Cambodia22 June 2004, Published under Cement NewsSiam Cement. Thailand’s biggest industry conglomerate, said yesterday it is analysing an investment plan to extend its business in neighbouring countries which may involve an outlay of $150m. SCC, whose core business is cement, said that the investment mainly focuses in Cambodia, but the political stability of the country would be the key determiner to its planned investments reports the Business Day. SCC also said that it expects to invest another 200 million baht in Thailand to incr... |
Moroccan cement consumption22 June 2004, Published under Cement NewsMorocco’s cement consumption stood at 3.9Mt in the first five months of 2004, up 6.5 per cent year-on-year, it was reported on June 22, 2004. The country’s eastern regions and the northern Tangier-Tetouan region registered the highest increase in cement consumption with respectively 14.4 per cent and 10.6 per cent. The Tangier-Tetouan region accounted for 10.5 per cent of the country’s total cement consumption, while the eastern regions accounted for 10 per cent. The central region of Souss... |
Saudi Q1 2004 cement output22 June 2004, Published under Cement NewsThe cement output of Saudi Arabia’s eight cement companies rose to 6.1Mt for the first three months of 2004, from 5.6Mt in the corresponding period of 2003, recent statistics showed. Clinker output totalled 5.437Mt, up from 5.415Mt. Local cement sales stood at 5.8Mt, compared to 5.2Mt. Cement exports decreased to 398,000t from 477,000t, as only three of the eight companies exported cement during the period. Clinker exports registered a significant drop to 75,000t from 340,000t. |
Paraguayan INC losses22 June 2004, Published under Cement NewsThe losses of Paraguayan state-owned cement company Industria Nacional de Cemento (INC) due to cement imports fro Brazil at dumping prices, are some US$60m at present, Paraguayan economist Jorge Boveda, said on June 20, 2004. These losses are related to the period between 1995 and 2004. Price dumping is an illegal practice according to the World Trade Organisation (WTO), Boveda added. INC accused cement importer Iguazu Cemento, controlled by the Brazilian companies Companhia de Cimento Port... |
Carpatcement inaugurates new line22 June 2004, Published under Cement NewsCarpatcement yesterday inaugurated, at the Casial Deva cement plant, the first automated line in Romania using alternative fuels. including used tyres in cement production, the investment amounting to Euro 600,000. Through this investment Carpatcement has made a first step towards sustainable development in the cement industry. In August, a similar lineis due to be opened in Moldocim Bicaz, and next year in Romcif Fieni, the two investments totaling some Euro 2m, said Mihai Rohan, Carpatcemen... |
Siam Cement says first to lift output21 June 2004, Published under Cement NewsSiam Cement PCL is to spend Bt200m (US$4.89m) to boost cement production by half, calling it the industry’s first output boost by a Thai firm since the 1997/98 Asian economic crisis. The expansion, to be completed in the middle of next year, will lift Siam Cement Industry Ltd’s dry mortar capacity by 200,000tpa to 600,000tpa, the division’s chief, Pramote Techasupatkul, told reporters. Siam Cement Industry Contributes about 30 percent of the profits of Siam Cement PCL, Thailand’s big... |
Economic Indicators Cement consumption, sales down last year21 June 2004, Published under Cement NewsAggregate cement consumption edged down last year on the back of a slump in importation. Figures from the Cement Manufacturers’ Association of the Philippines (CeMAP) show cement consumption down 3.82 per cent to 302.99m 40kg bags in 2003, reversing the 7.57 per cent YoY uptick the previous year. Consumption refers to the sum of local cement sales and cement imports. Cement consumption in Luzon relatively remained unchanged compared to the year-ago level of 194.40m bags, equivalent t... |
Iligan Cement Corp. looks at power options21 June 2004, Published under Cement NewsCement maker Iligan Cement Corp. is mulling options for sourcing its power needs in light of reports of a power shortage in Mindanao in the next few years. Renato C Sunico, president, said the firm is looking at contingency measures. "We’re studying the power situation in Mindanao because there are reports of a power shortage soon. We’re looking at contingency measures." The government had said that if no additional capacity is installed in Mindanao, the island’s power reserves w... |