Cement News tagged under: international
Austrian Asamer & Hufnagl expands08 June 2004, Published under Cement NewsAustrian building materials producer Asamer & Hufnagl considers expanding its operations to Libya as the US trade embargo has recently been lifted, it was reported on June 5, 2004. Asamer & Hufnagl expressed interest in the purchase of two out of seven Libyan cement plants which are planned to undergo privatisation procedure. The company’s management has already visited the two production sites, of which one appeared to be in poor and the other in satisfactory condition. The Libyan plant... |
Russian Inteko buys 90 per cent Of Pushka cement08 June 2004, Published under Cement NewsRussia’s Inteko has purchased 90 per cent Of Pushka cement, announced First deputy chairman of the enterprise’s board of directors Ihor Slabousov. Inteko plans to invest about UAH5m in Pushka, where annual capacity currently amounts to amounts to 580,000t of cement and 400,000t of clinker. In 2003 Pushka received UAH 5.2m in profits in January-September 2003, having finished 2002 with UAH 0.827m in profits. According to data of the Agency for Development of Stock Market infrastructure,... |
No public inquiry into Lafarge plans08 June 2004, Published under Cement NewsThe Government has rejected calls for a public inquiry into Lafarge Cement’s plan to burn re-cycled liquid fuel in Westbury. The decision comes despite residents’ fears that the application for a six-month trial period does not properly address potential health problems. The Environment Agency is due to announce its verdict on the proposal by the end of this month and campaigners fear it may give it the green light. Wiltshire’s Liberal Democrat group wrote to environment minister E... |
Pakistan expansion update07 June 2004, Published under Cement NewsDuring the fiscal year 2003-04 the Pakistani cement industry expects to achieve about 82 per cent capacity utilisation, resulting in a growth rate of 15 per cent compared to last year. A number of factors are attributed to this tremendous growth represented by various indicators. Cement exports, mainly to Afghanistan, doubled during the three-quarter period of the current year, attaining a level of 0.78Mt but that accounts for only eight percent of the total production by the industry. In... |
Egyptian Misr Beni Suef07 June 2004, Published under Cement NewsThe net profit of Egyptian cement producer Misr Beni Suef Cement (MBSC) jumped to 6.99 mln Egyptian pounds ($1.13m) in the first quarter of 2004 from 784,000 pounds ($127,000) in the same period of 2003. The company’s net sales surged 204.2 pct year-on-year to 58.39 mln pounds ($9.5m). |
TXI to miss deadline07 June 2004, Published under Cement NewsCement maker Texas Industries Inc which was playing beat-the-clock with new air pollution rules, may have lost. However, Texas officials said they aren’t sure, setting up a possible legal standoff with the US Environmental Protection Agency. The Dallas-based company wants to turn off some pollution controls on its Midlothian plant for half of the year, arguing that they cost too much and work poorly. But EPA officials say that could happen only if the company got a permit change before J... |
Cement Shortage Hits Lusaka07 June 2004, Published under Cement NewsA shortage of cement has hit Lusaka, forcing the prices of the commodity to rise to about K40,000 per 50 kg pocket from the recommended price of K32,000. And the Zambia Competition Commission (ZCC) has said it will have a meeting with Chilanga Cement Plc management on Monday to look into the shortage and to instruct the company to sell cement only to traders who will agree to resell at the recommended price. Chilanga Cement Plc managing director Ian Coulter said yesterday that the shorta... |
Lukavac renovation completed07 June 2004, Published under Cement NewsWith the official re-opening, Friday June 4, of the cement plant in Lukavac, Bosnian-Herzegovina the firm group Asamer & Hufnagl brought to completion one of the largest foreign investments in Bosnia-Herzegovina. So far the Asamer subsidiary ALAS invested 55 million Euro in the purchase and complete renewal of the cement plant Lukavac. With the privatisation contract from October 12, 2001 ALAS International took over 51 percent of the cement factory Lukavac located in the region of Tuzla... |
Consolidation in India07 June 2004, Published under Cement NewsFive years ago, the top five companies accounted for less than 34 per cent of the total installed capacity. Today With the top five companies set to corner nearly 60 per cent of the country’s total installed capacity of 150 million tonnes per annum (MTPA) through the acquisitions and strategic tie-up route, consolidation is the name of the game. According to analysts, the move towards consolidation in the sector is in line with the global trend, where only two or three cement producers do... |
Crown Prince visits Butra Heidelberg07 June 2004, Published under Cement NewsHis Royal Highness Crown Prince Pg Muda Haji Al-Muhtadee Billah consented to visit Butra Heidelberg Cement Sdn. Bhd. On arrival, HRH was greeted by the Chairman of Butra Heidelberg, Pg Hj Abdul Rahman bin Pg Hj Abas and the Company’s Director, Mr Rubyanto A Hamidjojo. This was followed by a tour of the cement processing factory. In commemoration of the visit, the company donated a sum of $15,000 to the Pengiran Muda Mahkota Al-Muhtadee Billah Fund for the Orphans. The cheque was presented by... |