Cement News tagged under: international
TPI Polene plans to sell more bonds25 March 2004, Published under Cement NewsThailand’s number three cement maker, TPI Polene PCL, said on Wednesday it is considering a plan to sell US$650m of bonds to refinance existing debts. The bond issue would be a substitute for loan the company was seeking from state-run Krung Thai Bank, one of its creditors, chief executive Prachai Leophairatana told reporters. "We haven’t got reply from Krung Thai Bank on whether they will give us the loan. If not, a bond issue will be another option. The amount we need is $650m," Prachai ... |
Sales in Peru25 March 2004, Published under Cement NewsDomestic sales of cement in Peru grew by 5.3 per cent in February, to a total volume of 320,283t, according to the industry association, Asocem (Asociacion de Productores de Cemento). The organization is predicting that the trend will continue in March, with estimated growth of 6.6 per cent. In terms of individual companies, Asocem says that Cementos Lima will see its sales up by 6.6 per cent, based on demand from the government’s housing program, while Cementos Pacasmayo will see 16.4 per c... |
North Korea stunted by power shortages25 March 2004, Published under Cement NewsA North Korean government report to parliament in Pyongyang indicates that the communist state is still suffering from acute power shortages as it claws its way back from economic ruin, analysts said. Premier Pak Pong-Ju said in his report to parliament on Thursday that industrial output rose 10 per cent last year from 2002. Power output was up 21 per cent, lead and zinc up 76 per cent, iron ore rose 46 per cent and cement production increased 27 per cent, he said. "Big efforts were direc... |
Cletec Japan to offer bridge repairs using German method25 March 2004, Published under Cement NewsCletec Japan Inc. plans to begin accepting orders for bridge repairs using a German company’s cement technology that is said to be twice as fast and twice as strong as conventional methods. The new technique, which is used to repair cracked and peeling concrete, features a special mortar that is particularly resistant to hydrogen sulfide. To apply the mortar, polymer cement is mixed with sand to form a powder that is blown under pressure through a nozzle, where it is mixed with water at th... |
Spasskcement moving ahead24 March 2004, Published under Cement NewsRussian Far East’s largest cement producer SpasskCement plans to build up production to 1.2Mt by 2007. "According to forecasts for the national construction sector, annual demand for cement may grow to 45-46Mt. Cement plants in the western part of Russia work at full load, and there are projects to put into operation new facilities. This growth will soon affect the Far East as well," predicts Igor Pushkarev, board chairman of management company "Park Group." Primorsky Krai, in particular... |
Tsesla Cement factory investments24 March 2004, Published under Cement NewsHeidelbergCement is planning to invest US$100m into further construction of the open joint-stock company "Slavjansii Cement Factory Tsesla" located close to St Petersburg. The Tsesla factory produces more than 1Mt of cement each year. The German owners of the factory first told of their plans to increase the production capacity of the factory in the summer of 2003. At that time however HeidelbergCement was planning a lower investment spend. Vladimir Dzhabirov, the director general of Tesla s... |
Cementos Bio-Bio wants to lead24 March 2004, Published under Cement NewsCementos Bio-Bio, the Chilean cement producer, is planning to reorganize its three business units under a holding company structure in an attempt to lead the domestic construction material market. If the plans are implemented, the company will operate in the cement, concrete, mortar and lime segments through Cementos Bio-Bio, Ready Mix, Dry Mix and Icesa, respectively. It will operate in the ceramics business through Cisa (Ceramicas Industriales) and in the forestry business through Aserrader... |
Chilanga swells profits24 March 2004, Published under Cement NewsChilanga Cement Plc made an after tax profit of K47.2 billion in 2003 compared to K31 billion in the preceding period to register a profit margin increase of K16.2 billion. According to its 2003 annual report released in Lusaka recently, the increase in the profit margin was due to new record production levels, which swung from 342, 000t of cement in 2002 to 428, 000t in 2003. "Production was at record levels due to the improved efficiency and reliability of both plants (Chilanga and Ndola... |
China output rises - again24 March 2004, Published under Cement NewsChina produced 57Mt of cement in January 2004 and claims that total output was at a record level of 813Mt for the whole of 2003, according to state-produced statistics. The record month for production in 2003 when an output of 77.5Mt was recorded in June. Lowest monthly totals were in February when just 41.6Mt was produced!! |
Egyptian Cement Co output stats24 March 2004, Published under Cement NewsThe Egyptian Cement Company (ECC), a subsidiary of construction group Orascom Construction Industries (OCI), produced a total 6.4Mt of clinker in 2003, the company’s board said in its annual report. The clinker was produced at ECC’s four production lines which operated at full capacity. ECC sales reached 6.89Mt of clinker and cement in 2003, of which 4.8Mt were sold on the local market. ECC workforce increased to 1,039 in 2003 from 1,027 in the previous year. ECC reported a 25.4 per cen... |