Cement News tagged under: international
Government may further cut duty on imported cement, Philippines19 May 2004, Published under Cement NewsThe government may further reduce the duty on imported cement following the recent rise in prices of local cement, Trade and Industry Undersecretary Adrian Cristobal Jr. said. He said the Department of Trade and Industry had required the Cement Manufacturers Association of the Philippines (CMAP) to justify the price increases. If the department finds the increases unjustifiable, it "will be forced to reduce safeguard duty," Cristobal said. The government lowered the tariff in Ma... |
Qatar National Cement, French FCB-Ciment to build Qatar plant18 May 2004, Published under Cement NewsQatar National Cement Co. (QNCD.DO) and France’s FCB-Ciment have signed a protocol to establish a new cement plant to help meet rapid urban expansion in the tiny Gulf state. The new plant, Qatar’s third, is expected to enter operation around the fourth quarter of 2005 and will produce some 4,000tpd. The project, set to cost 581m Qatari riyals, will almost double the country’s current cement output of 4,800t . An official wouldn’t say what the financial terms between the two would be. ... |
Cement sector resumes growth18 May 2004, Published under Cement NewsThe Brazilian union of the cement industry SNIC (Sindicato Nacional da Industria do Cimento) expects a 2% increase in 2004 over an 11% fall in 2003. The sector has been falling since 2001 and reported an 1.9% decrease in the Q1 2004 (Jan-Mar) jumping to a 24.2% increase in March over February and a 12.4% raise over March 2003. SNIC estimates an 1% drop between January and April 2004. The overall 54 plants have operated with a 50% idle capacity (less than 34mil m tons) over a total capacity o... |
Cementos Bío Bío reports 14 per cent sales growth18 May 2004, Published under Cement NewsCement company Cementos Bío Bío reported 14% YoY sales growth in the first quarter of 2004, due to better exploitation results and lower non-operating losses. The firm reported that cement sales increased 1.4% in the period January-March 2004 compared to the same three months of last year, while concrete sales rose 23.6%. Sales of lime increased 32.3% "due to greater purchases by mining companies in the north of the country."Bío Bío has a 28.4% market share in the sector, behind the firm... |
Colombia cement sales at 500,244t March 200418 May 2004, Published under Cement NewsColombian cement sales in March 2004 totalled 500,244t, exceeding the threshold of 500,000t, registered in September 2003, the Colombian Institute of Cement Makers, ICPC, said on May 14, 2004. Cement sales in March 2004 rose 10.4 pct year-on-year and marked a 35.4 pct rise from March 2002, the institute added. Rising cement sales are in line with the recovery of Colombia’s construction sector in the past months. Cement sales in Colombia over the first quarter of 2004 totalled 1,440,0... |
Duna-Drava plans HUF5bn development18 May 2004, Published under Cement NewsCement producer Duna-Drava Cement Kft (DDC) is planning developments at its factory in Beremend (southern Hungary) that could total as much as HUF 5bn. Duna-Drava is owned 50-50% by German firms HeidelbergCement and Schwenk Zement. The firm is currently considering several options for a modernisation programme that would start in 2005, but it has not been decided yet whether this will mean the upgrading of existing production equipment, or buying new technology, said CEO Miklos Oberritter... |
Ghacem to mine limestone for cement18 May 2004, Published under Cement NewsThe Marketing Director of Ghacem, Dr. George Dawson-Ahmoah has said "a limestone deposited in the Eastern Region will soon be mined to supply lime stone to our cement factories for the production of cement". He said this will create more jobs for Ghanaians and reduce the cost of cement in the country. Dr. Dawson said these at a day workshop organised by GHACEM Limited in Accra. The aim of the workshop was to "educate the public and cement users on the correct application of Ghacem’s new... |
Kogi Acquires 30% of Cement Coy18 May 2004, Published under Cement NewsIn an effort to grease the wheel of industrial development in Kogi State, the State Government has acquired 30 percent equity shares in the Obajana Cement Company. The acquisition came in the wake of re-negotiation with Dangote Group of companies by the State Government for the industrial development. The State Commissioner for Solid Minerals, Lawyer Bamidele Suru disclosed this to journalists in Lokoja. However, he added that the state stands to benefit from the 5,000 job opportuni... |
Iran increases cement output18 May 2004, Published under Cement NewsIran plans to increase its annual cement output by 2.4Mt to 34Mt in the current Iranian calendar year to March 2005, Iran’s Industries and Mines Minister, Eshaq Jahangiri, was quoted as saying at the inauguration ceremony of the cement plant in Yasuj, Kohkiluyeh and Boyer Ahmad Province, western Iran. Iran’s cement consumption increased by 90 per cent for the past three years, Jahangiri said. This calendar year’s demand for cement is estimated at 33Mt. Iran has set an ambitious goal i... |
Turkish Cimentas hits all-time high exports of 900,000t in 200318 May 2004, Published under Cement NewsTurkish cement and clinker producer Cimentas achieved all-time high exports of 900,000t of cement and clinker in 2003. Cimentas exports exceeded its domestic sales in 2003, according to the company’s management board chairman Walter Montevecchi. The company seeks to achieve a similar performance in sales on the domestic market, Montevecchi said. Cimentas’ consolidated profit totalled 10.4 trln Turkish lira (US$6.8m) in 2003. Cimentas was bought by Italian Cementir, the cement making uni... |