Cement News tagged under: international
TCL to boost capacity15 April 2004, Published under Cement NewsTrinidad Cement (TCL) posted revenues of 1.2bn Trinidadian dollars (US$195m) in 2003, a 2.1 per cent increase from 2002, the company said in a statement. Operating profit was US$43m, up 7.0 per cent from the previous year and pre-tax profits increased by 8.1 per cent to US$28m, while net profit increased by 2.5 per cent to US$19.7m for the period. This year the group has begun a capacity upgrade project for its plants in Trinidad and Jamaica estimated at US$120m, funded through a combinatio... |
Soaring cement prices worry contractors15 April 2004, Published under Cement NewsThe price of cement in UAE has hit a new high of Dh260 per tonne as against Dh190 per tonne same time last year. The rise in cement prices has been attributed to growing demand from the construction sector. Prices had touched a peak of Dh230 per tonne in February this year. T. Siddiqui, Project manager of Petron Emirates Contracting Company, said: ’There has been rise in cement prices as against the corresponding year and contractors are not feeling comfortable as Dubai is also a re-export h... |
Yemen projects for development15 April 2004, Published under Cement NewsThe Yemeni state establishment for industry and marketing of cement is in the process of implementing investment projects to expand production lines in the government factories of cement for the purpose of meeting the escalating local demand at a rate of 5.6 per cent compared to the last year situation. The developing projects include the expansion of production of Amran cement factory by building a new production line with a capacity amounting to 1Mt. It is expected that the expansion pr... |
Indian cement maker profits rising on firm prices14 April 2004, Published under Cement NewsIndian cement makers are expected to report robust earnings growth for the January to March quarter as prices revive in a busy construction season in the world’s biggest cement market after China. However, analysts said the near-term view was clouded by overcapacity, with more than 50 cement manufacturers producing 117 million tonnes of the commodity in India in the year ended March. The total installed capacity is about 142 million tonnes. Cement prices in the past quarter were about 1... |
Cement makers’ capacity utilisation at 82 per cent14 April 2004, Published under Cement NewsCement makers¹ capacity utilisation at 82 per cent DAILY The capacity utilisation of Pakistani cement manufacturing companies during the quarter ended March 31 stood at 82.1 per cent, with around seven per cent of the capacity being taken up by the exports to Afghanistan. Tariq Saeed Saigol, chairman, All Pakistan Cement Manufacturers Association (APCMA), stated this in the financial statement of the sector for the third quarter of the ongoing financial year, issued here Tuesday. Mr S... |
Cement consumption down by 2.15 per cent14 April 2004, Published under Cement NewsThe Brazilian cement industry association (Sindicato Nacional da Industria do Cimento) has announced the consumption of cement in the Brazilian market was 8.04Mt in the Q1 2004 (Jan-March) some 2.15 per cent down the registered in same period in 2003. SNIC estimates the consumption over the first half of the year will be lower than in 2003, when the production also fell by 11 per cent. In 2003, the consumption of cement totaled 33.79Mt against 37.98Mt recorded in 2002. The low buying pow... |
Angarskcement plans to produce 735,000t of cement14 April 2004, Published under Cement NewsJSC Angarskcement plans to produce 735,000t of cement in 2004, up 17 per cent y-o-y, Teleinform said referring to General Manager Vladimir Ilyushin. In 2003, some 630,000t was produced. Over the last three years output has been expanding 17-20 per cent. In 2003 10,000t was also exported, in 2004 15,000t are expected to be sold. |
Indonesia’s cement consumption rises14 April 2004, Published under Cement NewsCement consumption in Indonesia jumped 20 per cent to 2.04Nt in February from 1.7Mt in the same month in 2003. Exports however fell 39.5 per cent to 357,915t, according to data released by the Indonesian Cement Association. Sales including exports rose to 2.4Mt in February 2004 from 2.29Mt in the same period last year. In the first two months of this year sales including exports totaled 5.37Mt, up slightly from 5.16Mt in the same period in 2003. State-owned PT Semen Gresik, with subsidiari... |
Dalmias plan to invest in more capacity14 April 2004, Published under Cement NewsIndia: The Dalmias, which control a cement unit in Tamil Nadu and another in Orissa, is investing almost Rs900 crore to double their cement manufacturing capacity. With this, the company will come close to the present market leaders in South and East India. The Tamil Nadu-based Dalmia Cement is a niche operator in Tamil Nadu and Kerala, and Orissa Cement Ltd (OCL) is a leader in the Orissa market. OCL has embarked on a Rs400- crore expansion plan, including acquisition of an existing unit at ... |
Hau Giang set to build cement factory14 April 2004, Published under Cement NewsVietnam: The Midland Construction Corporation (COSEVCO) has registered to invest nearly 100 billion VND (about US$6.3m) in building a cement factory (grinding plant?) in the Mekong Delta province of Hau Giang. The 300,000t capacity plant will be built on an area of 14 hectares in the Song Hau Industrial Park (IP). This was the first project to be registered for investment in the IP since it was re-organised some months ago. The factory with an annual capacity of 100,000t will be built in thr... |