Cement News tagged under: international
Lucky Cement to construct plant in Fuliang19 March 2004, Published under Cement NewsLucky Cement Corporation (Lucky Cement), the third largest cement manufacturer in Taiwan, signed a contract with Fuliang County, Jingdezhen City, Jiangxi Province on February 22. Lucky Cement will invest US$100m in a cement project to be constructed in Fuliang County. Lucky Cement sought investment projects in Jingdezhen City half a year ago. After discussion with local government, Lucky Cement is apparently determined to construct a cement project with an annual production capacity of 2Mta ... |
China’s Huaxin Cement to invest in new production line19 March 2004, Published under Cement NewsHuaxin Cement Co Ltd said its board has approved a proposal to invest 200 mln yuan to set up a new production facility. The company will have complete ownership of the production line, which will start construction this year and be put into operation next year. The facility will produce 2.2Mt of cement annual. The company said the production line will generate core revenue of 453.84 mln yuan and net profit of 108.788 mln a year, due to low production costs. The proposal is pending approva... |
Nagaland to set up plant19 March 2004, Published under Cement NewsThe Nagaland regional government in India will soon set up a Rs 470-crore cement plant having an annual production capacity of 1Mt, with an aim to exporting cement to neighbouring Myanmar. General Manager (Projects) Nagaland State Mineral Development Corporation R Angami, who is participating in the ongoing four-day North East Trade Expo (NEXPO), told UNI that the proposed plant would be the biggest of its kind in the North East and the state was expecting to earn revenues from the exports. ... |
Anhui Conch big sales increase18 March 2004, Published under Cement NewsChina’s Anhui Conch Cement Co Ltd said its 2003 net profit surged 180.4 per cent to 739.57 mln yuan, under Chinese accounting standards, on the back of increased cement sales, higher government subsidies and cost cutting measures. Under international accounting standards, the company posted 743.40 mln yuan in net profit in 2003, up 177.8 pct from a year earlier. Core revenue increased 89.7 pct to 5.65 bln yuan under international accounting standards and rose 89.9 pct to 5.7 bln yuan under C... |
Ukraine cement production increase18 March 2004, Published under Cement NewsIn February, cement production rose by 143,000t compared to 458,000t an increase of 45.4 per cent on the previous year and was up 94,000t on January 2004 total. In 2003, cement production rose to 8,916,000t up by 24.7 per cent compared with 2002, More than 15 companies produce cement in Ukraine, and their total annual capacity is more than 20Mt. |
Lafarge raises stake in Serbia18 March 2004, Published under Cement NewsSerbian cement plant Lafarge-BFC said on March 16, 2004 that French cement group Lafarge had raised its stake in the plant to 84 p er cent. Lafarge bought 72,000 shares in the plant from small shareholders in the period February 19 to March 15, 2004, offering a price of US$145.4 (118.8 euro) per share. The price was equal to what Lafarge paid the Serbian Government when it bought a 70 per cent stake in the Beocin-based cement plant in December 2001, George Bobvos, the CEO of Lafarge-BFC, said... |
Saudi Eastern Province Cement output figures18 March 2004, Published under Cement NewsSaudi cement producer, Eastern Province Cement Company (EPC), registered output of 2.698Mt of cement in 2003, compared to 2.461Mt in 2002, recent statistics showed. The company reported total sales of 2.677Mt, up from 2.459Mt. EPC exported 498,000t of cement, compared to 542,000t. The combined cement output of the eight cement companies, operating in the Kingdom, stood at 24.1Mt, compared to 23.2Mt. EPC, based in Dammam, eastern Saudi Arabia, was established in 1982 as a joint stock comp... |
Cement Demand in Spain18 March 2004, Published under Cement NewsCement demand in Spain reached 7.1Mt in January and February 2004, up 4.03 per cent year-on-year, Spanish Cement Makers Association OFICEMEN said on March 17, 2004. Spanish cement makers produced 6.9Mt of cement in the first two months of 2004, a rise of 8.7 per cent year-on-year. In the same period, imports of cement increased 10.4 per cent year-on-year to 1.3Mt, while cement exports dropped 1.5 per cent year-on-year to 186,700t. In February 2004, cement demand rose 3.7Mt up 6.0 per cent ... |
Hawaiian Cement: final offer?18 March 2004, Published under Cement NewsHawaiian Cement submitted what officials called the company’s best and final offer to the Teamsters’ Local Union 996 on Wednesday morning, with an offer to pay 80 percent of the health and welfare premium costs. Employees would pay the remaining 20 per cent. They have no copay arrangements now. "It’s time to end this work stoppage, get our employees back to work and start servicing our customers again," Michael Coad, vice president of Hawaiian Cement, said. Hawaiian Cement has had 67 union e... |
Cement prices may go up by Rs 4 a bag18 March 2004, Published under Cement NewsRetail cement prices in Mumbai are set for another round of increases in the next couple of days. Cement companies Gujarat Ambuja Cement, Larsen & Toubro, Grasim Industries and the Associated Cement Companies (ACC) are looking at increasing the prices of a 50kg bag by Rs4 to around Rs172-174 (US$3.82 or an equivalent US$76.4/tonne). A local cement dealer said: ³Cement pick-up has been good in the last few days and therefore the prices are likely to go up. Major cement makers have indicated ... |