Cement News tagged under: international
CMS Cement refutes cement shortage, Sarawak, Malaysia05 January 2012, Published under Cement NewsCMS Cement has refuted claims by a contractor that there was an acute shortage of cement in Miri (a city in northern Sarawak, Malaysia) causing delays to projects. Datuk Richard Curtis the group managing director of Cahya Mata Sarawak Berhad, the holding company of CMS Cement, through a press statement received yesterday, explained that there was no shortage of bulk cement in Miri although there had been interruptions in supply of bagged cement. The statement added that cement was delivere... |
Portland Boardroom war shifts to the courts, Kenya05 January 2012, Published under Cement NewsThe battle for control of East Africa Portland Cement Company will play out in the commercial court this morning as ousted directors seek to quash their suspension by Industrialisation minister Amason Kingi. Mr Kingi fired the cement makers’ entire board and its managing director Kephar Tande on procurement flaws, but the directors reckon that their removal was illegal and that their ouster should have happened at an extra ordinary shareholder meeting. The directors including ousted chairm... |
Talks on Pakistan exports to India05 January 2012, Published under Cement NewsCollector Customs, Ali Sulman Abbassi, on Wednesday said that a fresh round of talks with Indian Custom Authorities over the issue of cement export to India by trucks is going to be held in mid-January this year and hopefully the issue would be resolved. He was speaking at Lahore Chamber of Commerce and Industry where LCCI President Irfan Qaiser Sheikh presented customs related proposals that could help give quantum jump to the country’s exports. The Collector Customs, while agreeing wi... |
Aditya Birla group may bid for Indonesia coal firm stake05 January 2012, Published under Cement NewsAditya Birla group is considering a bid for a 10 to 15 per cent stake in Indonesian coal miner Bumi Resources Tbk PT to secure coal supplies for its expanding cement and aluminium operations, the Economic Times reported on Thursday. The transaction, along with an off-take agreement, could be worth over INR10bn, the paper said. "I wouldn’t say we have made up our mind, but to have a share in one of the largest coal companies would be an attractive option," the paper quoted an unnamed group ... |
Holcim gets land approval near planned New Zealand Plant05 January 2012, Published under Cement NewsHolcim has received approval from New Zealand’s foreign investment regulator to lease port land near a proposed plant. The value of the lease of the 2.3 hectares of land near Timaru on New Zealand’s South Island wasn’t disclosed in the approval notice posted on the Overseas Investment Office website. The lease agreement is with PrimePort Timaru Ltd, which is 71 per cent owned by the Timaru District Council. Holcim New Zealand plans to build a cement storage facility on the site, which is... |
ACC December dispatches rise 6%05 January 2012, Published under Cement NewsACC Cement has posted a 6% rise in its production at 2.03Mt for December 2011, YoY. The cement maker said its despatches also grew 9% to 2.09Mt during the period. For January-December 2011 period, cement production stood at 23.68Mt up 12% YoY. Its dispatches were also up 11% to 23.68Mt YoY. |
Borneo shortage delays drain construction04 January 2012, Published under Cement NewsA prevailing cement shortage in Borneo is delaying the construction of a monsoon drain to mitigate flood in Kuala Baram Industrial Estate. The RM1.9-million project is funded by Ministry of Industrial Development to address the frequent flooding in the area during the monsoon season which is made worse when it coincides with high tide and king tide. Director of Semaring Logistic (M) Sdn Bhd, Mutang Tagal, who briefed Mayor Lawrence Lai on the project during his site visit yesterday afterno... |
Alexandria production continues despite attacks, Egypt04 January 2012, Published under Cement NewsAlexandria Cement sent a statement to Egyptian Stock Exchange about fire blaze in its BOD building stating that an armed group has attacked its plant in Al Max, Alexandria on 30 December 2011. The firm assured that plant production is ongoing and added that its plant is committed to environmental standards. Source: Arab Finance |
Dangote’s new Zambia plant on course04 January 2012, Published under Cement NewsThe construction of Dangote Cement’s plant in Masaiti district on the Copperbelt in Zambia is on course and a consignment of equipment will arrive in the country in the next 10 days, local press reports. Dangote logistics manager, Kampewa Nundwe, said that the Chinese contractor was already on site and works were going smoothly. Mr Nundwe said most of the clearing on site had already been done by the contractor and construction was expected to commence as soon as the equipment arrives in t... |
Indonesia growth to slow compared to high 2011 base04 January 2012, Published under Cement NewsThe growth of cement sales in the domestic market will probably slow in 2012 despite the government’s plans to build many infrastructure projects during the year. Indonesian Cement Association (ASI) chairman Urip Timuryono said in Jakarta on Tuesday that cement sales would rise by only six per cent to 49.82Mt this year after recording a 17.5 per cent increase to about 47Mt in 2011. “Cement consumption will only rise by six percent this year because high growth occurred last year,” he sa... |