Cement News tagged under: international
China cement prices drop for three consecutive weeks14 December 2011, Published under Cement NewsCement prices in China were down for the third consecutive week last week, dragged down by price declines in Sichuan and Qinghai provinces, falling 1.12 per cent from the previous week. Industry experts predict a rebound in the cement market will only take place in the second half of 2012 at the earliest due to the expected slowdown in economic growth. At present, the prices of P.042.5 cement and P.C32.5 cement in Xining were CNY290/t and CNY260/t, respectively. Cement prices in Chengdu,... |
Ethiopia to launch Cement Technology Institute14 December 2011, Published under Cement NewsThe Ethiopian Ministry of Industry has approved of plans to establish a Cement Technology Institute in Ethiopia. The institute, proposed by Mugher Cement factory, will be engaged in training personnel for the sector. The demand for trained professionals by new cement factories, is expected to increase job mobility in the industry said Mekonnen Zergaw, CEO of Mugher. Mugher but could lose the few trained professionals it has to new competitors he said. The training institute will be loc... |
Cemex threatened with pension strike ballot, UK14 December 2011, Published under Cement NewsCemex workers at Rugby Warwickshire and South Ferriby works are threatening to hold an industrial action ballot over growing unrest about the company’s pension scheme. Union Unite is asking staff whether they want to be balloted. Unite is challenging the decision to close the defined benefit pension scheme to existing members and claims its defined contribution scheme provides less benefits than Cemex’s two main rivals. The union claim Cemex has refused to enter discussions about ... |
TCL withdraws Oilfields Workers’ Trade Union injunction14 December 2011, Published under Cement NewsIn a victory for the union, Trinidad Cement Limited (TCL) and its subsidiary, TCL Packaging Limited, withdrew its application to continue an injunction against the Oilfields Workers’ Trade Union (OWTU) yesterday. Both parties are engaged in bargaining for collective agreements. The company also withdrew its application to pursue an industrial relations offence by the union, following a situation last Friday where workers downed their tools, stopping the company’s operations. The companies we... |
Uncertain outlook for Spanish cement sector14 December 2011, Published under Cement NewsSpanish cement consumption will continue to fall over 2012, and the companies estimate that the drop could range between 8% and 10%, which are figures similar to those of 40 years ago and would constitute a series of five years of falling. according to Oficemen’s President, Dieter Kiefer. The group says that if this situation continues in the medium-term, cement companies, many of which are multinationals, might consider closing some of the plants located in Spain. Today, the 37 cement p... |
Weak shilling inflates cost of Pokot cement factory, Kenya13 December 2011, Published under Cement NewsThe new cement factory being put in Pokot will cost more than the projected KES12bn due to inflation and poor infrastructure in the country. Managers of Cemtech Limited, the company licensed to construct the factory, said the weakening of the shilling against international currencies would drastically increase the cost on importing raw materials for the project. "We have reviewed the projected cost of the project and realised that the amount we quoted would have to rise," Cemtech Limited D... |
Mixed results for two leading Taiwanese cement producers13 December 2011, Published under Cement NewsTaiwan Cement Corp, the No. 1 cement maker in Taiwan, scored combined revenues of NT$5.68bn (US$189.33m) in November, down 9.92% from October, while and Asia Cement Corp., the No.2 in the line, managed to have its revenue post a slight growth of 2.1% to reach NT$952m (US$31.73m). In the first 11 months Taiwan Cement saw its accumulated revenue shoot up 23.45% from a year earlier to reach NT$59.14bn (US$1.97bn), while Asia Cement raked in revenues of NT$9.862bn (US$328.73m) in the same perio... |
Thai cement firms await government schemes13 December 2011, Published under Cement NewsThe Thai cement industry is waiting to see more details of the government’s programme for infrastructure projects in the new year before it can determine whether growth of this sector will exceed the normal annual rate of 3-5 per cent. The government so far has not laid out clear plans on repairing the flood damage to roads and other infrastructure, or for how it intends to bolster the Kingdom’s disaster-protection system with floodways or drainage tunnels. Kan Trakulhoon, president and ch... |
Recent order for Cargotec, Australia13 December 2011, Published under Cement NewsCargotec has won an order to supply Adelaide Brighton Cement with a Siwertell SSL 700 screw-type shiploader. A leading supplier of cement, lime and pre-packaged dry blended products into the South Australian market, and an exporter of cement to Victoria and clinker to Queensland, Adelaide Brighton Cement, specifically requested the Siwertell unit for its environmental credentials. "Our enclosed Siwertell system ensures minimal environmental impact for the owner," says Bertil Andersson, S... |
India Nov cement output up 20% YoY, down 2% MoM13 December 2011, Published under Cement NewsIndia’s cement production in November was 14.08Mt, up 20% from a year ago but down 2% from a month ago, data released by the Cement Manufactures Association showed. Cement despatches rose 17% on year to 13.98Mt but fell five per cent on month. In the current financial year that started April, India’s cement production has risen marginally to 112.80Mt, as against 108.67Mt last year. Despatches have also shown a tepid increase during Apr-Nov to 111.92Mt from 107.76Mt in the corresp... |