Cement News tagged under: international
Cement prices shoot up in UAE26 February 2004, Published under Cement NewsCement prices have climbed to Dh230 /t from Dh180/t at the end of last year. Now there is a fear project costs will rise in the long run. Contractors have been forced to absorb the price rises as many would have committed themselves through long-term supply tenders. T. Siddiqui, project manager of Petron Emirates Contracting, confirmed: "There has been sharp rise in the prices but so far little of it has been passed on to the clients. "And since contractors are unable to pass on the rises... |
Polish cement production25 February 2004, Published under Cement NewsThe output of the Polish cement industry amounted to 11.01Mt last year, a decline of 3.0 per cent. This is the fourth successive year of falling cement production since the peak of 15.40Mt in 1999, but also the smallest drop. Cement consumption, hit by cold weather delaying the start of the construction season recovered in the second half and was down by just 1.0 per cent to 11.25Mt for the full year, with domestic deliveries accounting for 10.57Mt, a reduction of 2.0 per cent and imports ... |
Saudi Yamama Cement to invest25 February 2004, Published under Cement NewsSaudi cement producer Yamama Cement Company will invest 1.5 bln Saudi riyals (US$400m) to expand its daily clinker production by 10,000 tonnes, it was reported on February 24, 2004. YCC signed on February 23, 2004 a contract with German engineering company Polysuis, under which Polysius will supply the equipment for the production line and provide engineering services, consultancy and design, YCC managing director, Prince Sultan bin Mohammed Saud al-Kabir, said. The production line will be ... |
Cementos Argos profits up25 February 2004, Published under Cement NewsProfits at Colombian cement producer Cemento Argos grew to 156bn pesos (currently US$58m) in 2003, up nine per cent on the previous year, Economia en Red reported. Operating revenues for the year were 186bn pesos, up 21 per cent on sales of 2.7Mt. Operating profit grew 10 per cent to 152bn pesos, while the company balance sheet as at December 31, 2003 recorded assets of 2.5 trillion pesos, up 41 per cent on the prior year, while debts were down 27 per cent at 64.1bn. Cemento Argos has i... |
Prices rise in Gujarat25 February 2004, Published under Cement NewsCement prices in Gujarat are set to rise by another Rs10 per bag. This hike, which is expected to be effected from the beginning of March, will take retail prices in the state to the Rs 170 levels. The demand situation in the state, which had been languishing from long, has seen a revival from December last year. The state saw a demand of 1Mt in December and is expected to do around 800,000-850,000t in January, which will however be lower when compared to December figures. Analysts say that ... |
Gresik to delay sell-off?25 February 2004, Published under Cement NewsPresident of state-owned cement producer PT Semen Gresik (SG) Satrio said the government should postpone its plan to sell more shares in the company to Mexico’s cement giant Cemex SA, pending a more conducive business environment. Satrio wants the government to preserve the status quo conditions, waiting for the local people of West Sumatra to calm down. "We hope the government will maintain the current conditions, because the local people are not in their mood for such a plan, especially ... |
Holcim’s Vietnam 2004 cement sales24 February 2004, Published under Cement NewsHolcim Vietnam upbeat about its good performance and the positive market sentiment is looking to boost 2004 sales by nearly 24 per cent year-on-year to 2.6Mt. Sales and marketing director Laurent Houmard said on the sidelines of a function held in HCMC yesterday to introduce new products that according to the company’s surveys, most agents had shown support for the Holcim brand since the company changed its name from Morning Star to Holcim. The joint venture between Holcim and Ha Tien Ceme... |
Antitrust Office looks at Berger Slovakia-PCLA Concentration24 February 2004, Published under Cement NewsThe Slovak Antitrust Office (PMU) launched administrative proceedings on the concentration of Berger Slovakia Ladce and cement producer Povazska Cementaren Ladce (PCLA) in early February. Simultaneously, it started to examine the exception to the ban to execute rights and duties that stemmed from the concentration of the two companies, PMU informed SITA. Berger Slovakia, a subsidiary of German construction company Berger Holding GmbH, controls 70.42 per cent of PCLA. It acquired the stake in... |
Chilean Cemento Melon24 February 2004, Published under Cement NewsChilean cement maker Cemento Melon SA, controlled by French cement and concrete maker Lafarge, will establish a real estate unit, under the corporate policy to enter the property sector, Cemento Melon said on February 23, 2004. The establishment of the unit, to be named Inmobiliaria San Patricio, still needs shareholders’ approval. |
Hawaiian Cement workers resume talks24 February 2004, Published under Cement NewsStriking concrete workers at Hawaiian Cement Co. will be back at the bargaining table Thursday. The federal mediator has asked Hawaiian Cement and the Teamsters Union to look at new approaches to health benefits. The company’s demand that employees pay a portion of their health insurance premium is a big part of what caused the strike. The unions’ suggestion that both companies negotiate together has been rejected because officials say federal labor and anti-trust laws make joint negotiation... |