Cement News tagged under: international
New factory begin production in Mozambique02 August 2012, Published under Cement NewsA new 240,000tpa cement factory has started operations at the Belulane Industrial Park in the Boane district of Maputo, local newspaper Noticias, reported. The factory is reportedly an investment between Turkish and Egyptian companies and imports raw materials from Dubai to ensure monthly production of 20,000tpa. Beluluane is an industrial and duty free area covering a total of around 700 hectares and is about 16 kilometres from the city of Maputo. The Mozambique government reportedly offer... |
Sagar-Vicat venture to begin operations in October, India02 August 2012, Published under Cement NewsThe joint-venture cement plant between Sagar Cements of India and Vicat Group of France will begin operations in October. “The clinkerisation is expected to be completed by September end,’’ Mr Srikanth Reddy, Executive Director, Sagar Cements, told Business Line. The plant is being constructed in Gulbarga district in the Indian state of Karnataka. Phase 1 of the project has a production capacity of 2.5Mta and total capacity, including Phase 2, would be 5.5Mta by 2014, Mr Reddy added. |
Iran production rises in first four months of Iranian year02 August 2012, Published under Cement NewsIran produced 24.44Mt of cement in the first four months of the current Iranian year (20 March - 21 July 2012), IRNA reported. According to a report by the Industries, Mines and Trade Ministry, about 6.43Mt of cement was produced during the 20 June - 21 July. Clinker production, meanwhile, amounted to 5.64Mt during the same period. Last month, Mohammad Hassan Pourkhalil, secretary of the Cement Industry Contractors Union, said cement production surpassed 17.99Mt during 20 March-20 June, re... |
Semen Gresik new plant construction01 August 2012, Published under Cement NewsIndonesia state-owned producer PT Semen Gresik is expected to start construction of two new cement plants at home and away in the second half of 2012 and first half of 2013, respectively. Construction on Semen Gresik’s 2.3Mta Rembang plant in Indonesia will start at the end of this year, State-Owned Enterprise Minister Dahlan Iskan said on Tuesday. “The construction of the Rembang cement factory will start by the end of this year, after the establishment of Holding Cement Indonesia,” h... |
Lafarge Malayan Cement confirms price hike01 August 2012, Published under Cement NewsLafarge Malayan Cement (LMC) has confirmed it will raise the price of cement effective today, 1 August, due to rising manufacturing and delivery costs, which is expected to bode well for the company’s margins from next year, according to analysts. "The decision was made unilaterally and taking into consideration our increasing costs associated with manufacture and delivery of cement, which we have endeavoured to absorb over the years," its executive director Chen Theng Aik has told SunBiz... |
Trinidad prices to come down01 August 2012, Published under Cement NewsTrinidad Cement Ltd announced that a temporary surcharge imposed on bagged cement has been removed and that cement prices are expected to go down in the coming weeks. Speaking to local press, Satnarine Bachew said a 42.5kg bag of cement had increased by US$13 as the company was forced to raise prices two weeks after workers began strike action on 27 February. "The additional charge was driven by the higher cost of satisfying the local cement demand due to extenuating circumstances crea... |
Bolivian sales increase by 7.36% in the first half01 August 2012, Published under Cement NewsThe Bolivian Institute of Cement and Concrete (IBCH) reported Tuesday that sales of cement in the country grew 7.36% in the first half of this year compared to the same period of 2011, with the department of Beni having the highest rate growth of cement demand with 85.34 per cent of the national total. According to the IBCH, in the first half total sales amounted to 1.27Mt, while in the first half of 2011 they reached 1.18Mt. In 2011, the rate of growth in cement sales reached 7.7 per c... |
Tanzania reiterates support to Dangote project01 August 2012, Published under Cement NewsThe government of Tanzania has underlined its support to Dangote Cement to ensure the timely completion of its cement plant in the East African country. During a tour of Dangote’s Obajana cement factory in Nigeria, Salma Rashid Kikwete, wife of the president of Tanzania, expressed appreciation to the Dangote Group for extending is pan-Africa presence to the country. Dangote is constructing a 1.5Mta cement plant in Mtwara, southeastern Tanzania, which is expected to be completed next ye... |
HeidelbergCement revenues rise driven by North America and Asia31 July 2012, Published under Cement NewsHeidelbergCement has reported a rise in revenue and profit for the second quarter of 2012 driven by increased sales in North America and Asia as well as successful price increases. The group has confirmed its targets for the year and expects sustained growth in Asia-Pacific and Africa-Mediterranean Basin as well as continuing recovery in North America but weaking demand in parts of Europe. The company's revenue for the April-June period rose 11 per cent to EUR3.8bn. Positive exchange rat... |
Shree Cement fined by regulator for price fixing, India31 July 2012, Published under Cement NewsShree Cement Ltd has been fined US$72m by the Competition Commission of India (CCI), the watchdog said in a statement, making it the 12th cement company to be fined for cartel practices. Shree Cement has been fined INR3.98bn (US$72m), the equivalent of 50 per cent of its net profit for the financial years ending in 2010 and 2011, the CCI said in the statement. In June, 11 cement makers were fined a combined US$1.1bn by the CCI in June for collusion and price fixing, the biggest penalty... |