Cement News tagged under: international
Dyckerhoff chief rejects cement price fixing allegations07 April 2004, Published under Cement NewsDyckerhoff AG’s chief executive officer Wolfgang Bauer rejected cement price fixing allegations, in an interview with Wirtschaftswoche news magazine. Dyckerhoff was among the companies raided by the German cartel office last month amid allegations of cement price fixing. ’No, everything is above board with us,’ Bauer told the magazine. ’The search made absolutely no sense and was unnecessary.’ Following a price war that pushed prices down in Germany’s cement market, they rose in late 2003 ... |
Misr Cement Qena production sold out07 April 2004, Published under Cement NewsThe cement production of Egypt’s Misr Cement Qena is sold out until February 2005 as a result of the increasing demand for the company’s products on the domestic and foreign markets, Misr Cement Qena chairman, Mohamed Mahmoud Ali Hassan reports, mainly because of its high quality and compliancy with global standards. Misr Cement Qena has also carried out a feasibility study on the setting up of a new production line with an annual capacity of 1.5Mt, the chairman said. The line is to become op... |
Chinese producers keep smiling07 April 2004, Published under Cement NewsThe confidence index of China’s entrepreneurs rose 6.3 points in the first quarter from the same period last year, reflecting optimism in the national economy. The benchmark index tracking domestic company managers’ confidence in the economy hit 138.8 points, "the highest level in recent years," the National Bureau of Statistics said in its report yesterday. Manufacturers of steel and cement were among those who were the most optimistic about their future, despite the government’s decision... |
Orissa Cement plans expansion06 April 2004, Published under Cement NewsAccording to The Times of India, Orissa Cements (OCL) has embarked on a Rs 400-crore expansion plan to emerge as a dominant player in the eastern region. The plans include enhancement of brownfield capacity at its existing unit, and acquisition of a unit in the east. Presently, most of OCL’s capacity is consumed in Orissa. The Dalmia-controlled company plans to invest Rs 160 crore in its existing unit to increase capacity to 1.5m tonnes per annum from a little over a million tonnes at presen... |
Thai: strong cement sales in February06 April 2004, Published under Cement NewsDomestic cement demand rose impressively by 16 per cent YoY and 10 per cent MoM to 2.4Mt in February. Cement demand for the first two months also grew by 11 per cent YoY to 4.1Mt Cement demand continued to grow at double-digits in 1Q04, and strong growth is attributed to active construction activity in the residential property market. The forecast assumes cement demand to grow at a conservative rate of 5 per cent. However, based on current strong construction activity in both residential an... |
Living the American dream06 April 2004, Published under Cement NewsAdonel Concrete will open its third cement-mixing plant in Miami-Dade County. Luis Garcia founder and president of the company said he hopes the new five-acre facility will help the 20-year-old firm keep up with the high demand for cement in South Florida. In two decades, Adonel has been doing some growing of its own. The company now employs 150, has 120 trucks and $30 million in revenue. Experts said the boom in both commercial and residential real estate construction in South Florida is fu... |
Cement makers reach limits05 April 2004, Published under Cement NewsPakistani cement manufacturers claimed to have exhausted the existing production capacity of 17.16Mta - 100 per cent output capacity utilisation and the highest since last five years. Some 21 cement units are running across Pakistan, with a production capacity of 55,000 tones per day. "Almost the entire cement produced is dispatched to the local market, besides exports of 5000-6000tpd to neighbouring Afghanistan", a cement manufacturer Razaq Thalpalawal told The News on Friday. Manufacturers... |
Cement firms to build port facility05 April 2004, Published under Cement NewsTwo cement companies are joining forces to construct a new facility at the Port of Houston to supply more than 1.5Mta of cement a year to the local construction market. Kansas-based Ash Grove Cement Co and Alamo Cement Co of San Antonio will add 1.5Mt of cement capacity to markets in Houston and the surrounding areas. With a 100,000-ton storage capacity, the new terminal will have an annual throughput capacity of some 1.5Mt of cement each year. Construction is expected to be completed in th... |
Record sales underpin Fancesa profits05 April 2004, Published under Cement NewsBolivian cement producer Fancesa achieved record sales in 2003 and generated profits of 53mn bolivianos (US$6m), Sucre daily Correo del Sur reported. Sales for the year of 324,000t exceeded expectations by 8% or 24,000t. No comparative figures were given. The Sucre-based company intends to reinvest 75 per cent of the profits to continue the second stage of an expansion program that will allow the company to participate in the Tarija-Potosí southern highway project. Fancesa shareholder and ... |
Cemex clinker line to commission shortly05 April 2004, Published under Cement NewsA US$130m clinker production line that Cemex’s Dominican Republic subsidiary is building will begin operations next semester, the Dominican Republic government reported. The investment will allow for an increased capacity of 2.2Mta of clinker production, compared to the current facility’s 600,000tpa capacity. According to Cemex, the 1.6Mta kiln will be the largest in the Caribbean, transforming Cemex Dominicana into the largest regional cement producer. Construction began in November last y... |