Cement News tagged under: international
Lafarge to Build a new production line in Bouskoura, Morocco30 March 2004, Published under Cement NewsLafarge has today announced th edecision by Lafarge Ciments (Morocco), its 50 per cent subsidiary, to build a new production line in Bouskoura, Morocco, to increase the cement capacity by over 900,000t. This investment will significantly reinforce the plant’s profitability. The production is scheduled to start at the beginning of 2006.The project is expected to create value quickly, due to market growth. "Together with the successful start of our new cement plantin Tetouan, the incr... |
Indonesia Feb domestic cement sales up 20 per cent YoY.30 March 2004, Published under Cement NewsIndonesian domestic cement sales jumped 20 per cent to 2.04Mt in February compared to the same month last year, the country’s largest cement maker said. PT Semen Gresik Tbk, 25.5 per cent owned by Cemex said in a statement obtained on Monday that its own sales, including exports, jumped 23.4 per cent in February to almost 1Mt. The company did not elaborate on the reasons for the increases. Some analysts have predicted growth in cement sales of around eight percent this year, mai... |
Cement sales grew one percent last year.30 March 2004, Published under Cement NewsHowever, some cement companies have been less optimistic. PT Indocement Tunggal Prakarsa Tbk Indonesia’s second largest producer, has said it expects another year of flat growth in 2004 for the industry. Gresik’s market share dipped in February to 45.15 per cent from 45.34 per cent the previous month. At the start of 2003, the company controlled around 43 percent of the local market. Ste Genevieve County, Mo, residents to comment on planned cement plant Area residents will have t... |
Ndola Lime bids opened – bottom daily30 March 2004, Published under Cement NewsThe Zambia Privatisation Agency (ZPA) opened bids for Ndola Lime Company (NLC) yesterday with three foreign and two local firms expressing interest to have a 30 per cent stake in the company. Among the companies bidding for NLC are Chillerton Cement Limited, Capital Infrastructure Limited of Mauritius, Tata Zambia Limited and the Associated Cement Companies Limited of India, Kenya’s Athi River Mining Limited, and the Nyimba Group and Agro-Fuel Limited of Zambia. Opening the bids in L... |
Cement sales grew one percent last year.30 March 2004, Published under Cement NewsHowever, some cement companies have been less optimistic. PT Indocement Tunggal Prakarsa Tbk Indonesia’s second largest producer, has said it expects another year of flat growth in 2004 for the industry. Gresik’s market share dipped in February to 45.15 per cent from 45.34 per cent the previous month. At the start of 2003, the company controlled around 43 percent of the local market. Ste Genevieve County, Mo, residents to comment on planned cement plant Area residents will have t... |
Ndola Lime bids opened30 March 2004, Published under Cement NewsThe Zambia Privatisation Agency (ZPA) opened bids for Ndola Lime Company (NLC) yesterday with three foreign and two local firms expressing interest to have a 30 per cent stake in the company. Among the companies bidding for NLC are Chillerton Cement Limited, Capital Infrastructure Limited of Mauritius, Tata Zambia Limited and the Associated Cement Companies Limited of India, Kenya’s Athi River Mining Limited, and the Nyimba Group and Agro-Fuel Limited of Zambia. Opening the bids in L... |
Dyckerhoff plans to sue Cartel Office29 March 2004, Published under Cement NewsDyckerhoff AG is planning to take the German Cartel Office to court for conducting a raid in its offices three weeks ago, chairman Wolfgang Bauer said in an interview to be published in the Financial Times Deutschland. "We are going to file a complaint against the raid made by the cartel office," he is quoted as saying. He said his company has been cooperating with the Cartel Office’s investigations and would have willingly provided the data it had asked in the first place. The Cartel Offi... |
Holcim announces intention to buy29 March 2004, Published under Cement NewsHolcim Investments has announced its intention of buying the remaining 6.57 per cent of the corporate capital of Holcim Apasco in order to become 100 per cent owner of its Mexican subsidiary. On March 15, Holcim Investments purchased 24.54 per cent of the stock in Holcime Apasco of a total of 31.11 per cent that it intended to buy. This raised its stake in the firm from 68.89 per cent to 93.43 per cent. Now, the Swiss group wants the remaining 6.57 per cent to give it full control of the firm... |
Cementos Bio Bio 2003 net profit up29 March 2004, Published under Cement NewsChile’s Cementos Bio Bio posted a 20bn peso (US$32.4m) consolidated net profit in 2003, a 32.8 per cent jump from the year before, Bio Bio said in a statement to the country’s securities regulator (SVS). The increase was due to higher sales and lower operating costs as a result of efficiency and productivity efforts, the company said. For the period, operating profit climbed 24.4 per cent to 28.1bn pesos and revenue was up 12.2 per cent to 146bn pesos. Cement deliveries in Chile grew 4.6% ... |
Largest GLCC put into production29 March 2004, Published under Cement NewsOn March 18, Guizhou Lanhua (Orchid) Cement Co, Ltd (GLCC), the largest cement enterprise in Guizhou, China, put its first product line into production in Qingzhen of Quizhou. And the annual cement output of the first line is 600,000t. GLCC will begin to establish another product line with an annual output of 1 million tons in first half year. When the whole project is completed, GLCC will have a capacity of 4000 tons of cement clinker and 1.6Mt of cement, and become the largest cement ente... |