Cement News tagged under: international
Strike action causes Tobago shortage23 March 2012, Published under Cement NewsBuilding contractors in Tobago have been affected by strike action at Trinidad Cement’s plant in Claxton Bay, the Trinidad and Tobago Express reports. Local companies told the daily that sales had only just started to improve since a slowdown over the Christmas period but the dispute between TCL and the Oilfields Workers Trade Union (OWTU) have placed business owners back to “square one.” The month-old strike is due to members of the OWTU refusing to accept anything less than a 12 per ce... |
Indocement to invest in new factory, Indonesia23 March 2012, Published under Cement NewsPT Indocement Tunggal Prakarsa, part of the HeidelbergCement Group, is set to construct a new cement factory in Citereup, West Java, according to local press reports. Asia in Focus has reported that the company is investing US$440m in the new facility. Corporate secretary Sahat Pangabena, however, refused to give details about the plan, saying Indocement will announce details later this month. |
SCG Trading targets 30% rise in revenues, Thailand23 March 2012, Published under Cement NewsSCG Trading, a unit of Siam Cement Group, targets annual sales growth of 30 per cent from this year onwards, driven by coal and building-materials business, particularly overseas, The Nation reports. Managing director Kalin Sarasin said the company was accelerating investment and expansion in both coal and building-materials trading in Asia, as they were both fast-growing sectors in the region. |
Himachal sees capacity reaching over 22Mt by 201523 March 2012, Published under Cement NewsCement and clinker production in Himachal is expected to reach 22.37Mt by 2015 after the north Indian state commissions the 3.75Mt JP Himachal Cement plant, according to Minister Krishan Kapoor told local press. Speaking to local press, Mr Kapoor said ACC had set up two cement plants at Barmana and Bilaspur district with 7.7Mta capacity while an agreement has been signed with JP Cements for the establishment of a second unit at Bagha with a capacity of 3.75Mt in August 2010 and the plant w... |
UltraTech Cement in talks to buy northeastern plant22 March 2012, Published under Cement NewsUltraTech Cement, the largest cement producer in India, is in talks to buy north-eastern cement producer Adhunik MPS Cement’s Meghalaya plant for over INR7bn., according to reports from the Economic Times (ET) of India. The report said that the 1.5Mta cement facility will boost UltraTech Cement’s presence in the fast-growing but largely untapped northeastern market. A multinational cement producer is also reported to be interested in the unit, the ET notes. |
CPA: Budget brings no short term benefit, UK22 March 2012, Published under Cement NewsThe UK’s Construction Products Association (CPA) welcomed the Chancellor’s strong commitment to business in his Budget Statement but says it will not bring any significant short term benefit to a construction industry that is forecast to see output fall by 5% in 2012. Commenting on yesterday’s Budget Statement the Association’s Chief Executive, Michael Ankers, said: “The government clearly recognises the constraints on our economic growth imposed by the poor quality of our infrastructure ... |
India Cements to raise capacity in Tamil Nadu22 March 2012, Published under Cement NewsIndia Cements has begun the process to expand capacities at two of its plants in Tamil Nadu, according to reports from the Times of India. The company has applied to the Ministry of Environment and Forests to obtain the Terms of Reference (TOR) to expand capacities at its existing plants in Dalavoi in Ariyalar district and Padaveedu in Salem district. India Cements has seven plants all situated in South India with a total capacity of 15Mta. It recently commissioned a plant in Mahi, Rajast... |
Lucky Cement inks power supply agreement, Pakistan22 March 2012, Published under Cement NewsLucky Cement plans to sell additional electricity to the Peshawar Electricity Supply Company through its plant in Darra Pezu, Pakistan. The daily Business Recorder reported that Lucky Cement is holding meetings with Pesco to sell 15-20MW of electricity to overcome prevailing power shortages in the district of Lakki Marwat and Dera Ismail Khan and the adjacent areas of Lucky Cement’s plant. Lucky Cement has its own power generation units at both its production faclities in Karachi and D... |
CMS Cement opens new terminal, Malaysia22 March 2012, Published under Cement NewsCMS Cement, the sole cement producer in the state of Sarawak, East Malaysia, has opened a new cement terminal in Miri as the company aims to better its supply chain operations. In a statement issued by parent company Cahya Mata Sarawak, the terminal is equipped with 6000t of storage capacity, a sealed pneumatic pipeline and two 150t steel hoppers. The new terminal will make cement distribution in Miri more reliable as bulk cement manufactured at the company’s Kuching plant can be trans... |
Southern Cement improves market supply22 March 2012, Published under Cement NewsSouthern Cement Company Chairman Prince Abdullah bin Musaed bin Abdurrahman Al-Saud said the company has started implementing the royal decree related to cement prices. Addressing the company's General Assembly meeting held yesterday at the general administration building of the company in Abha, the prince said that the availability of additional fuel has enabled cement factories to produce more and improve its market supplies, thus checking the price-rise. The meeting approved distribut... |