Cement News tagged under: international
Wataniya insures Saudi Cement Co assets02 January 2012, Published under Cement NewsSaudi Cement Co, Saudi Arabia’s second-largest cement producer by market value, awarded an insurance contract to Wataniya Insurance Co, the company said in a statement filed with the Saudi bourse, according to Bloomberg. Wataniya will insure Saudi Cement’s “assets and possessions”, though the contract does not include medical insurance. The annual insurance premium is estimated at SAR8m (US$2.1m). |
Guyana cement prices hiked02 January 2012, Published under Cement NewsFrom January 1, customers of TCL Guyana Inc will be asked to pay an increase of 9.4 per cent in the price of cement, the company said. According to TCL, the proposed price adjustment is to be blamed on the increase of bulk cement at source. The parent company, Trinidad Cement Ltd, which supplies TCL Guyana Inc, will also be instituting upward price movements for all of its cement brands on January 1. TCL Guyana Inc. has announced prices increases for cement starting next week. The rele... |
Ethiopia: no further licences for new projects02 January 2012, Published under Cement NewsThe Ethiopian government has stopped accepting foreign investments in cement projects, according to local news reports. The Ministry of Industry (MoI) recently informed the Ethiopian Investment Agency not to accept new investment projects. Shimeles Wolde, chemical industries directorate director at the MoI, told The Reporter that the decision was made with the view to avoiding unnecessary competition. “This has to be clear. More than 40 cement companies are now licensed. Twenty-two of them... |
Taiheiyo Cement patents calcium removal method02 January 2012, Published under Cement NewsTaiheiyo Cement Corp. filed a patent on 11 May 2011 for a new calcium removal method designed to reduce operating costs in cement production by avoiding the addition of potassium carbonate to remove the calcium as per conventional methods. According to the abstract posted by the World Intellectual Property Ogranization: : "Provided is a calcium removal method that can reduce operating costs. A solution (L2) that contains potassium and/or sodium and calcium is passed through an ion exchange ... |
Lafarge executive in fatal ski accident02 January 2012, Published under Cement NewsLafarge executive, Ronald Greg Sheardown, 45, has been identified as the man who died while heli-skiiing in British Columbia, Canada, according to local reports. The Canadian father of three was in a group of 11 skiers at Revelstoke when the avalanche struck. Mr Sheardown had recently been promoted to chief executive officer for Lafarge’s operations covering several Persian Gulf countries. He was to take up the new position in early 2012. |
Indonesia cement consumption to rise 7% in 201202 January 2012, Published under Cement NewsIndonesia’s cement national consumption is forecast to reach 48.15Mt in 2012, a 7 per cent increase on 45Mt recorded in 2011, president director of state cement plant PT Semen Gresik, Dwi Soetjipto, according to a report by Asia Pulse. "We actually have been anticipating the books following the operation of two cement plants in 2012," he said in a year-end statement in Gresik, West Java, on Sunday. He added that each of the two new cement plants, namely Tuban IV in East Java and Tonasa V i... |
EAPCC board members seek reinstatement02 January 2012, Published under Cement NewsFormer directors of East African Portland Cement’s Board are seeking reinstatement following last week’s decision by Industrialisation Minister, Amason Kingi, to fire them, reports Business Daily Africa. East African Portland Cement, Kenya’s second biggest cement producer in which the state has a major stake, is in turmoil following the sacking of a section of the Board of Directors and allegations of procurement flaws and improperly arranged tenders amounting to contracts worth approximate... |
Himachall: calls to bring cement under Essential Commodities Act, India02 January 2012, Published under Cement NewsHimachal Pradesh Chief Minister P K Dhumal today urged Prime Minister Manmohan Singh to declare cement as controlled item and bring it under the Essential Commodities Act to make it cheaper in the state. The move was taken after cement manufacturers in the state refused to cut down its prices, officials said. In a letter to the Prime Minister, Dhumal said it is a matter of concern that cement produced in Himachal is cheaper in Punjab and Haryana than that of its producing state. The Ch... |
India: Murli Industries to double its cement capacity30 December 2011, Published under Cement NewsMurli Industries, an Indian city-based business group, which recently forayed into the cement sector plans to double the capacity utilisation of its plant to 80% by 2012. The company built a 3Mta plant at Chandrapur in 2010 which is now being run at 40% capacity. A 50MW power plant has also been set up as a part of the venture. While current cement demand is low, the company expects to be ready to make the most of opportunities in 2014 when it says demand will pick up. |
Siam Cement CEO wins ‘Businessman of the Year’ award30 December 2011, Published under Cement NewsThe Nation, a Thailand newspaper, has announced that Kan Trakulhoon, president and chief executive officer of Siam Cement Group (SCG) is its Businessman of the Year. Kan, 55, safely guided the company through the period of severe flooding in Thailand in 2011 by implementing the company’s business-continuity plan. SCG was outstanding in the way that it experienced minimal disruption in operations, even though the floods at one point or another covered one-fourth of the count... |