Cement News tagged under: international
New plant for Azerbaijan?09 February 2004, Published under Cement NewsPrivate Azeri investors plan to build a large cement plant in Gazakh, Azer-press sources claim following discussions at the Ministry of Economic Development. This private group are considering attracting overseas investors for a joint-venture project. The annual capacity of the new cement plant will be good enough to match that of the 1Mta cement plant of Garadagh Cement near Baku. Furthermore, say the investors, the market is actually big enough to support a second new plant taking into acc... |
Indian cement prices09 February 2004, Published under Cement NewsCement prices in the Hyderabad state are likely to go up by Rs 15 a bag by the first weekend of March. Amidst allegations of cartelisation, especially from the construction industry in the state, leading cement companies in the state reportedly held a meeting last month to put in place stringent despatch control mechanisms which should see prices go up, sources said. Cement prices in the state have hovered around Rs 145 a bag in the Hyderabad market since January. Cement prices plunged t... |
Indonesia set for Cemex litigation06 February 2004, Published under Cement NewsThe Indonesian government is in for a multimillion dollar litigation after the Washington-based International Center for Settlement of Investment Disputes (ICSID) has registered a request for arbitration submitted by Cemex regarding a dispute involving the Mexican company and its late-1998 acquisition of 25.50 percent of state-controlled PT Semen Gresik. Cemex’s representative office here confirmed on Thursday the decision by the ICSID, an affiliate of the World Bank, but declined to provid... |
Thai Cement Monitor06 February 2004, Published under Cement NewsDomestic cement consumption continued to rise by 25 per cent YoY to 2.15Mt in December (+14% MoM). Cement demand for 2003 grew to 24.2Mt, up 5% YoY. Cement demand grew at a faster pace especially in 4Q03, which was mainly driven by active construction in the residential property market. Cement demand in 2004 is expected to grow further year on year, supported by ongoing strong construction activity in the residential housing market. An indicator supporting cement demand growth is the total... |
Venezuelan-Iranian cement plant06 February 2004, Published under Cement NewsA cement plant will be built in Monagas, northern Venezuela, as a result of a strategic alliance between Venezuelan state heavy industry holding company CVG and Iranian cement company Ehdasse Sanat Corporation, CVG said on February 5, 2004. The construction sector will be able to offer more cement after the plant starts operations in Monagas. The plant will have a capacity of some one million tonnes of cement annually. The start of the construction works is yet to be defined. Ehdasse San... |
Bulgaria Plevenski Cement Raises 2003 Profits06 February 2004, Published under Cement NewsBulgarian cement producer Plevenski Cement said on Thursday its net profit rose 19.5 percent in 2003 compared to a year earlier, supported by healthy growth in sales and cost cutting. "The positive results are due to rising sales volume, lower prices of the fuel we use in our production and cost cutting," the company executive director Alexandar Chakmakov told ADP News. The 2003 net profit totalled 2.63 million euro (US$3.3m) up from 2.20 million euro a year earlier. The company sold 2... |
Cemex Colombia Improves two cement products06 February 2004, Published under Cement NewsCemex Colombia, a unit of the Mexican cement producer Cementos Mexicanos (Cemex) has considerably improved two of its cement products before re-launching them on the local market, company’s officials reported on February 4, 2004. The improved cement products were Cemento Samper and Cemento Diamante. Cemento Samper is reportedly one of the most popular high-quality cement brands in Colombia due to its phisical and mechanical qualities. Cemento Samper, sold in the country since 1909, and Ceme... |
Heidelberg wants to lease Belarusian plant06 February 2004, Published under Cement NewsHeidelbergCement is in talks with Belarus’ Architecture and Construction Ministry to take a lease of the Belarusian Cement plant, based in the Mogilev Region, for five years with an option to extend the lease, a ministry official told Prime-Tass Thursday. HeidelbergCement proposes to invest about US$3m in the plant during the five years, which would allow it to increase cement output at the plant by 48 per cent to 1.061Mt and enter foreign markets via the German company’s distribution networ... |
Cimpor to invest in Morocco06 February 2004, Published under Cement NewsPortuguese cement group Cimpor announced on February 4, 2004 its plans to invest 27.6 mln euro (US$33.5m) in Morocco by 2005. The investment targets the capacity increase of Cimpor’s Asment de Temara plant in the country. The installation of new machinery, including two grinding mills, will increase the annual cement production capacity of Asment de Temara to 1.2Mt from the current 840,000t. The Portuguese group has had a 54 per cent stake in the Moroccan cement company Asment de Temara’ c... |
Hawaii Cement Workers Prepare To Strike06 February 2004, Published under Cement NewsJust when it seemed hard times were over for Hawaii’s construction industry, it faces a crippling strike. The Teamsters Union said it will strike Oahu’s two cement/concrete companies if new contracts cannot be reached. The first strike would begin at Ameron International, Oahu’s largest supplier of concrete. The second strike, against Hawaiian Cement Company could begin Saturday. The union said the companies are demanding that workers pay a bigger share of their health care premium. Work... |