Cement News tagged under: international
Anti-dumping duty imposed on Chinese cement17 June 2004, Published under Cement NewsJamaica’s Anti-Dumping and Subsidies Commission (ADSC) imposed an antidumping duty of 89.8% on cement imports from China, the Jamaica Gleaner reported. The duties will take effect July 30 to run for five years. The decision came after the commission decided that cement imported from China has been dumped on the local market. The ADSC imposed earlier this year a preliminary 96.3% tariff on the importation of portland grey cement from China, effective March 29, the paper said. The ADSC names... |
Cement consumption down in May17 June 2004, Published under Cement NewsSpanish cement consumption in May dropped 1.17 percent from the same month a year earlier to 4.09Mt, the first fall in the month since 1996 when the current property boom took off, industry association Oficemen said. May is traditionally one of the most active months for the construction industry in Spain. Output in the five months to May was up 2.43 percent. |
Financing Binh Phuoc17 June 2004, Published under Cement NewsThe four main State-owned banks in Vietnam have signed to lend VND1.98 trillion to Ha Tien I Cement Co. for the VND4.75 trillion (US$300 million) Binh Phuoc cement project. The deal was inked at HCMC’s Caravelle Hotel yesterday by representatives of the Bank for Investment and Development, the Industrial and Commercial Bank, the Bank for Agriculture and Rural Development, and the Bank for Foreign Trade. Ha Tien I director Nguyen Ngoc Anh said his company would invest the loan and VND527.7 bi... |
Local market needs more cement17 June 2004, Published under Cement NewsTotal local consumption of cement in Jordan stood at 2.7Mt last year, Jordan Cement Factories Company (JCFC) General Manager Samer Biriqdar said on Wednesday. He indicated that the local market’s need of this commodity ranges between 2.5 to 3.5Mt annually. JCFC production capacity stands at 4.4Mta, Biriqdar remarked. JCFC is also preparing programmes to promote and further market its products in Jordan and abroad, according to JCFC chief. |
Grinding plant for Jamaica mooted17 June 2004, Published under Cement NewsMainland International has invited firms to submit proposals on the securing of land and construction of a cement plant that the company would operate in direct competition with Carib Cement Company. Apparently the plan calls for Mainland to partner with Harricrete Ltd, a Trinidadian cement blender that a few years ago aggressively competed in the market of the twin-island republic, against Trinidad Cement Ltd. Officials for Mainland stressed that the project was still at the exploratory sta... |
Cement can halve road construction costs17 June 2004, Published under Cement NewsA Holcim seminar in Bangladesh has noted that the use of cement in road construction instead of bitumen can reduce costs by 50 per cent, according to work done by the local Roads and Highways Department (R&HD) engineers. "Using the technology, I constructed an 80-metre portion of the 24-km Pabna-Paksey road six months ago...and so far no cracks developed on the road," said SM Shafiqul Alam, sub-divisional engineer of the R&HD. The technology is widely used in many developed countries, he in... |
Five month demand at 19.4Mt, Spain16 June 2004, Published under Cement NewsCement demand in Spain stood at 19.4Mt in the first five months of 2004, up 2.4 per cent YoY, Spanish Cement Makers Association OFICEMEN have said. Cement consumption in Spain totalled 46.7Mt in the 12 months to May 2004, a 4.4 per cent increase from the 12 months to May 2003. Spanish cement makers produced 18.8Mt of cement, a rise of 4.5 per cent YoY. Imports of cement and clinker increased 1.1 per cent to 3.1Mt, while Spanish cement exports rose 17.3 per cent to 605,620t. In May... |
Rinker buys Florida premix company16 June 2004, Published under Cement NewsRinker Group Ltd announced that its US subsidiary Rinker Materials Corporation has expanded into the fast growing Florida Panhandle region with the acquisition of RMC Group plc’s premix concrete business, comprising seven concrete plants and a small building products distribution operation. The acquisition is a bolt on to Rinker’s Florida operations but is an expansion in to the northwest of the state where Rinker has not previously had an operating presence except for three gypsum wallb... |
Akmenes Cementas income increase, Lithuania16 June 2004, Published under Cement NewsAB Akmenes Cementas, Lithuania’s only cement producer, announced that its five-month income reached 33.5m litas (EUR9.7m), a boost of almost 29 per cent from the corresponding period in 2003, the business daily Verslo Zinios reported. The cement company, according to the paper, bettered its income in the first five months of the year due to growing sales in both domestic and overseas markets. In the previous year, the company generated 26.1m litas (EUR7.5m) during the first five months. ... |
Union Cement new kiln line, UAE16 June 2004, Published under Cement NewsThe board of directors of UAE Ras al-Khaimah cement manufacturer Union Cement approved on June 13, 2004 a proposal to install a new kiln with an annual capacity of 2.5Mt. The move is aimed at meeting the growing local and regional demand for cement. Union Cement posted a net profit of AED18.9m (US$5.1m) for the first quarter of 2004, up from AED7.4m (US$2m) in the same period of 2003. The company’s 2003 net profit surged to AED46.7m (US$12.7m) from AED1.97m (US$536,000) in 2002 on stro... |