Cement News tagged under: international
Plans to resume new Philippine plant project08 June 2012, Published under Cement NewsAPC Group Inc, an energy and mining holding firm affiliated with Belle Corp, plans to resume a US$200m project in Cebu, Philippines, as the government’s public-private partnership projects spur cement demand. APC chairman and president Willy Ocier said during the company’s stockholders’ meeting on Wednesday that the revival of the cement plant project was among the company aims for 2012. In an interview with the Inquirer, Ocier said the cement plant would have a capacity of 1.5Mta and sho... |
Aditya Birla to invest INR57.5bn in cement expansion, India08 June 2012, Published under Cement NewsIndian conglomerate Aditya Birla group plans to invest about INR70bn (US$1.3bn) on setting up new facilities and expanding the capacity of existing units in the southern state of Karnataka, Chairman Kumar Mangalam Birla said on Thursday. Reuters reports that the group plans to invest INR57.5bn rupees in new cement facilities and about INR11.6bn in expanding its metal and chemical plants in the state. The invesments will be made over the next three years and are in addition to about INR60bn... |
High Court stops cement firms from making cement under ACC trade mark07 June 2012, Published under Cement NewsThe Delhi High Court has restrained three cement companies based in Uttar Pradesh and Punjab from producing or selling their product under the trade mark of leading cement manufacturer Associated Cement Companies (ACC) Ltd. The court also appointed a three-member team including a lawyer as court commissioner to inspect their stores in Gorakhpur, Sirhind and Kapurthala. Justice Kailash Gambhir passed the interim order accepting the argument of ACC's counsel Purushottam Mishra that Ajay K... |
Aditya Birla plans Karnataka cement plant, India07 June 2012, Published under Cement NewsAditya Birla group Chairman Kumar Mangalam Birla said the group is planning to set up a 4Mta cement plant in Karnataka plant at an investment of INR27.50bn. Mr Birla said he expects the plant to start operations in the next two years. |
Pakistan budget brings relief measures to cement sector07 June 2012, Published under Cement NewsPakistan's Finance Minister Dr. Abdul Hafeez Shaikh has announced number of incentives and relief for various sectors including the cement industry in the Federal Budget July 2012 - June 2013. Dr Shaikh announced an increase in the Public Sector Development Program (PSDP), which is also spent on infrastructure development, to PKR873bn, up 20 per cent from last year. Federal Excise Duty (FED) on cement pricea has been reduced by PKR100/t (PKR5/bag) to PKR400/t (PKR20/bag). In addition, the... |
Birla Corp eyes cement plant construction in Ethiopia07 June 2012, Published under Cement NewsBirla Corp plans to set up a cement plant in Ethiopia following the establishment of a wholly-owned subsidiary, Birla Corp Cement Manufacturing Plc, in the sub-Saharan African country. “We plan to go there for exploration of mainly limestone, for setting up a cement plant. We would also explore opportunities of setting up power plants there,” said a Birla Corp official, speaking to Daily News & Analysis India. Birla Corp had previously tried to enter the east African country in 2010 by ... |
Dangote Cameroon plant to proceed, Cameroon07 June 2012, Published under Cement NewsDangote Cement Plc is being granted permission by the government of Cameroon to build a factory in the port city of Douala after a dispute over land was resolved, Bloomberg reports. A ban on use of the land was lifted on May 28 and the Nigerian company was granted a construction permit on June 4, Government Delegate to the Douala City Council Fritz Ntone Ntone said in a statement handed to reporters yesterday in Yaounde, the capital. Work has already begun on the site and the project is ex... |
AfriSam adapts cement product portfolio, South Africa07 June 2012, Published under Cement NewsSouth African cement producer AfriSam says it has re-engineered its cement product portfolio to provide fit-for-purpose solutions to almost any building or construction requirement. Speaking to Business Day, CEO Stephan Olivier said: "At AfriSam, we understand that the future existence of our business depends on our ability to continuously adapt and improve our current product and service offerings.” He said the company needed to develop innovative, technologically advanced products to mee... |
Al Khaij Cement Co to raise cement production07 June 2012, Published under Cement NewsThe board of directors of Qatar's diversified holding Qatari Investors Group has approved a project to boost the production capacity of affiliate Al Khalij Cement Co to 14,000tpd, Qatari Investors Group said in a bourse filing yesterday. The project is to be completed by the end of 2014. (Source: SeeNews Middle East & Africa). |
UK construction sector activity 'slowed' in May - survey07 June 2012, Published under Cement NewsGrowth in the UK construction sector slowed to a three-month low in May, according to a survey. The Markit/CIPS purchasing managers' index (PMI) for construction fell to 54.4 last month, from 55.8 in April. However, the reading indicates that the sector is still growing, as a figure above 50 implies expansion. Office for National Statistics figures found a fall in construction output in the first quarter of 2012 contributed to the economy contracting. The latest ONS figures, releas... |