Cement News tagged under: international
Brazil: Jan-November 2011 sales up 7.5 per cent13 December 2011, Published under Cement NewsPreliminary data and market estimates reveal cement sales in Brazil during January to November 2011 reached 58.4Mt, up 7.5 per cent on the same period of 2010. November 2011 sales stood at 5.5Mt, an increase of 6.6 per cent of on the same month of the previous year. For the 12 months between December 2010 to November 2011, domestic sales were 63.2Mt, which represents an 8.2 per cent advance on the corresponding period a year earlier (December 2009 to November 2010). |
Historic site in Northfleet to be used by Crossrail, UK12 December 2011, Published under Cement NewsTwo chimneys at the Lafarge Cement works, the tallest of which was 550ft, came down in March last year marking the end of nearly 200 years of cement production. Lafarge is currently restoring rail sidings at the site, which are expected to be operational from February next year. The first main user of the line will be Crossrail, which is providing a £16bn rail scheme linking the Thames Gateway and the Thames Valley, from Abbey Wood and Shenfield in the East to Heathrow and Maidenhead in th... |
ACC reports 84.6% growth in 3Q net profit12 December 2011, Published under Cement NewsACC, an all-India player, has benefited from strong cement price realisations, especially in the southern and western regions during the September 2011 quarter. This has enabled the company to report an 84.6% YoY growth in its consolidated net profit for the third quarter of CY11 (the company follows a calendar year for financial results), and also offset high input costs like coal. In contrast, the company had reported a fall in its net profit in the first and second quarters of CY11, on a... |
CNBM to form joint venture in China12 December 2011, Published under Cement NewsChina National Building Materials, a major Chinese cement producer, is to set up a cement joint venture with a registered capital of CNY10bn (US$1.6bn). China National will take a 50 percent stake in the joint venture, with the rest split among three domestic companies, it said on Friday. China National will contribute CNY3bn to the joint venture – Southwest Cement Co Ltd – later this month, and contribute the remaining CNY2bn in two years. The venture should help the company expand in so... |
Semen Gresik prepares to build two new plants12 December 2011, Published under Cement NewsIndonesia’s largest cement producer PT Semen Gresik said it is preparing the construction of two new cement factories next year to cost around US$600m. The factories will be built in Central Java and Sumatra each with a production capacity of 2.5Mta, said Dwi Soetjipto, the president of the state company. Meanwhile, the company have two new factories to come on line next year with a total capacity of 5Mta. Tuban IV, the construction of which began in 2009 is to start operation in January ... |
Holcim Ecuador prepares for Phase 2 expansion12 December 2011, Published under Cement NewsThe Ecuadorean unit of Holcim plans to start in late 2012 the second phase of an expansion project at its cement plant in Guayaquil, the company said Friday. The second phase will require an investment of nearly US$400m. Holcim Ecuador (HLC.GU) started construction of the first phase of the expansion in early 2010 with an investment of US$120m, and whose inauguration will take place in the first quarter of 2012, the company said. Annual production will increase from 3.5Mt to 5.4Mt. Current... |
PIC, Afrisam bondholders agree on Afrisam reorganisation12 December 2011, Published under Cement NewsThe Public Investment Corp and most holders of EUR1.03bn of Afrisam Ltd. bonds due in 2012 agreed to a reorganisation of the debt, saving South Africa’s second-largest cement maker from collapse. The PIC and 80 percent of the noteholders, including Pembani Group (Pty) Ltd. and BlackRock Advisors (U.K.) Ltd., agreed to the restructuring, the Pretoria-based PIC and other bondholders said in a joint e-mailed statement today. Afrisam is not yet part of the agreement, they said. Afrisam’s exist... |
Dalmia to kick off expansion initiatives, India12 December 2011, Published under Cement NewsDalmia Cement is set to start work soon on its proposed cement plants in Karnataka and Meghalaya, reports Business Line of India. Mr T Venkatesan, who recently took over as Deputy Managing Director, Dalmia Cement (Bharat) Ltd, said the company’s expansion plans, which had been going slow till recently, are set to pick up pace. Mr Venkatesan said the company will set up two plants in Belgaum and Gulbarga. Typically, Dalmia Cement envisages an initial capacity of about 2.5Mta for cement pla... |
South Africa November sales up 9.1%09 December 2011, Published under Cement NewsRecent data from the Cement and Concrete Institute of South Africa shows that sales for November 2011 totalled 1.14Mt compared to 1.05Mt in 2010, up 9.1%. Year to-date sales stand at 10.89, up 3.6 per cent YoY from 10.12Mt from the same period of 2010. The moving annual total (12 months to November 2011) reached 11.23Mt against 10.91Mt, representing a YoY advance of 2.9 per cent. |
Beni Suef Cement in new studies, Egypt09 December 2011, Published under Cement NewsFarouk Mostafa, Managing Director of Misr Beni Suef Cement (MBSC), revealed that the company is conducting a study of producing a new type of cement named Sea Water, which is characterised of high resistance of salt, water and sulphate. He added that, such kind of cement used in all concrete works and buildings that exposed to salt and water as well as all kind of pipes made of concrete. He stated that, cement market is facing recession in the shadow of inside an outside challenges that hi... |