Cement News tagged under: international
Chinfon receives licence for expansion20 May 2004, Published under Cement NewsThe Chinfon Cement Hai Phong Company has received licence from the government to invest another US$162m in a factory expansion. Located in the northern port city of Hai Phong, the company aims to increase its production to 2.8Mta of cement, according to a Chinfon official. The expansion will include a second cement production line, which will double the capacity of Chinfon’s current 1.4Mt output. With the new funds, Taiwan’s Chinfon Group’s investments in the company will total US$4... |
Cement consumption falls 3.82% in 2003, Philippines20 May 2004, Published under Cement NewsAverage consumption of cement in the country contracted last year on the back of a slump in the importation of cement during the period. Figures from the Cement Manufacturers’ Association of the Philippines (CeMAP) indicate cement consumption fell 3.82 per cent to 302.99m 40kg bags in 2003, reversing the 7.57 per cent YoY uptick in 2002. |
The CeMAP figures cover consumption of local cement and cement imports.20 May 2004, Published under Cement NewsCement consumption of Luzon-based manufacturers remained unchanged in 2003 relative to the year-ago level of 194.40m bags, equivalent to 7.78Mt. Total cement sales in Luzon reached 194.16m bags, up 3.98%, with the island accounting for all cement imports at the time. Manufacturers in Northern Luzon posted a 7.78% dip in cement sales to 42.42 million bags. Limay Grinding Mill Corp., which ceased production in September, sold its remaining 346,918 bags of cement in October and November. Fo... |
The Bulacan plant of Union Cement Corp. registered the highest sales of 36.12m bags.20 May 2004, Published under Cement NewsCebu-based cement producers recorded an 18.31% sales reduction to 46.34 million bags. Both Apo Cement Corp and Taiheiyo experienced cutbacks in sales while Lloyds-Richfield Industrial Corp. ceased operations in 2001 on account of low domestic demand. Similarly, sales of cement manufacturers in Northern Mindanao slipped by about 5.71% to 42.29m bags in 2003. A plant in Lugait, Misamis Oriental, formerly Alsons Cement Corp., saw its sales shrink by 12.95% to 21.78m cement bags. Holcim now ... |
New Zealand carbon tax ‘threatens cement industry,’ says Holcim20 May 2004, Published under Cement NewsThe Government’s proposed carbon tax could put the future of hundreds of jobs in the cement industry in doubt, Holcim says. The Swiss-owned cement business employs 600 in New Zealand and is Westport’s biggest employer, with 120 on the payroll. Managing director Rex Williams said the proposed $25 a tonne levy on carbon issues - which the Government is committed to as part of its ratification of the Kyoto protocol on climate change - would cost $12.5m a year for his business and would ... |
Cement demand in Spain at 15.3Mt Jan-April 200419 May 2004, Published under Cement NewsCement demand in Spain stood at 15.3Mt in the first four months of 2004, up 3.3 per cent YoY, Spanish Cement Makers Association OFICEMEN said. Cement consumption in Spain totalled 46.7Mt between April 2003 and April 2004, a 4.9 per cent increase from the twelve months to April 2003. In the first four months of 2004, the highest increase in cement demand was reported for the Andalusia region, southern Spain, 17.3 per cent, and the Extremadura region, western Spain, 13 per cent. The lar... |
Cement prices in UAE rise to US$65.3/t19 May 2004, Published under Cement NewsCement prices in the UAE increased by some AED40 (US$10.9) a tonne to AED240/t at the beginning of May 2004. The strong local demand for cement driven by the construction activity in the country and especially by Dubai’s booming construction sector is one of the main reasons for the rise in cement prices, said Salim Abdullah Salim, a local businessman and investor in the cement industry. The increase in the prices of raw materials used in the cement industry and the shipping prices also h... |
China’s cement output increases 23.8 per cent in 1Q19 May 2004, Published under Cement NewsChina’s output of cement reached 180.3Mt in the first quarter of this year, an increase of 23.8 per cent over the same period of last year, according to statistics from the State Development and Reform Commission. At the same time, output of concrete, construction sanitary ceramics, plaster plate and cement production equipment posed more 30 per cent growth in the period. |
Cibinong reports loss of US$1.55m19 May 2004, Published under Cement NewsCement producer PT Semen Cibinong reported a loss of Rp14bn (US$1.55m) last year because of falling exports. Increase in labor cost and maintenance cost also contributed to the loss, said its president Thomas Ashley Clough. Clough said the main problem is difficulty in raising the price despite an increase in production cost . He told shareholders in a meeting, the company posted a net income of Rp174bn mostly in foreign exchange gain. Last year, sales by the company totaled 6.04Mt ... |
Cement industry increases turnover in 200319 May 2004, Published under Cement NewsPeter Orisich, the chairman of the Austrian Cement Industry Association (VÖZ), announced to the press Tuesday that the Austrian cement industry had increased its turnover by five per cent to EUR301m in 2003. He predicted a slight, albeit lower, increase in turnover in 2004. Production was stagnant, but the higher quality of what would be produced would result in higher prices. He added that the economic stimulus to be provided by EU enlargement and implementation of Austria’s national traffi... |