Cement News tagged under: international
Hanson Cement set to axe 30 jobs in Clitheroe, UK29 November 2011, Published under Cement NewsBosses at Hanson Cement, previously known as Castle Cement, in Clitheroe announced 30 jobs losses – reducing its Ribblesdale factory workforce from 108 to 78. The company has also revealed that it is proposing to reduce production by 30 per cent. Hanson Cement meets 25 per cent of the UK demand for cement and employs around 240 people in Clitheroe. But the losses will only affect production staff, with transport workers and management, saved from the cutbacks. The proposal comes agai... |
Cement consumption in Honduras seen up 10%29 November 2011, Published under Cement NewsCement consumption in Honduras this year increased by 10 per cent over 2010, resulting in part from improvements made in the rural sector. Domestic demand amounted to 1.5Mt of the construction product, according to the commercial director of Industria Cementera Honduras (Lafarge Incehsa), Dario Mencia. "What is giving growth is the concrete market, coffee prices and remittances because there aren’t that many big projects," said Mencia, then referd to the company which closed sales at ab... |
China aims to eliminate 250Mt of outdated capacity29 November 2011, Published under Cement NewsChina aims to eliminate 250Mt of outdated production capacity in the cement industry in the 2011-2015 period, the Ministry of Industry and Information Technology (MIIT) said Tuesday. The country’s top 10 cement companies will see their combined output account for 35 percent of the national total by 2015, up from 25 per cent in 2010, according to the 12th Five-Year Plan for the building material industry released by the MIIT. Cement producers are expected to cut emissions of nitrogen oxid... |
Seven Circle exports 0.8m bags cement annually29 November 2011, Published under Cement NewsSeven Circle Bangladesh Ltd, exports about 800,000 bags of cement per year and contributes to country’s foreign exchange reserve by earning large amounts of foreign currencies, Managing Director (MD) of the company Mohammed Ali Palash told the Financial Express (FE). The company also meets 12 per cent of domestic demand of cement which helped it occupy the fourth position among cement manufacturing companies in the country. The MD unveiled company’s prospects and future plan to the FE in a... |
Colombia sees October rise in production and dispatches29 November 2011, Published under Cement NewsColombian cement production in October 2011 totaled 948,900t, 13.8 per cent more than the same month in 2010, according to the Departamento Administrativo Nacional de Estadistica (DANE). Cement shipments were also up 11.6 per cent YoY during the month to reach 887,700t. A total of 18 of the 21 departments showed YoY increases in demand, especially Casanare (58.3 per cent), Cordova (48.1 per cent), Nariño (39 per cent) and Cesar (38.6 per cent). For the first 10 months of 2011, cement produ... |
UK: boost for infrastructure welcomed by construction industry29 November 2011, Published under Cement NewsThe UK’s Construction Products Association (CPA) welcomed the Chancellor’s announcement confirming an increase for investment in infrastructure projects in today’s Autumn Statement, although overall capital spending continues to fall. Responding to this announcement, CPA’s Chief Executive, Michael Ankers, said: "Improving the quality of our infrastructure has a key part to play in raising business competitiveness and stimulating economic growth and it is encouraging that the government has... |
UAE cement sector sees decline28 November 2011, Published under Cement NewsAccording to the GCC cement sector quarterly report by Global Investment House, the third quarter of this year saw reduced profits of the sector. The report highlights the consolidated net income of listed cement companies in UAE for 9M11 declined by 86.6% to USD10.9m as compared to USD81.3m in 9M10. Out of the total nine listed cement companies, five of them were in losses totalling Dh112.4m (US$30.6m). While on a QoQ basis the 3Q11 results were in loss of Dh8.4m as compared to a Dh12.6m p... |
Siam City Cement sets sights on Cambodia28 November 2011, Published under Cement NewsSiam City Cement Plc (SCCC), Thailand’s second-largest cement maker, is ready to build a cement plant in Cambodia costing up to US$150m. Managing director Philippe Arto said the company is in the final stage of a feasibility study for the one-million-tonne cement plant that will take a few months to complete. The study has shown good potential with rich deposits of limestone, a raw material for cement production, he noted. A final decision should be made around May. A plant will take two... |
Saudi cement licenses for Abdul Aziz Al-Amran & Partners28 November 2011, Published under Cement NewsPetroleum and Mineral Resources Minister Ali Al-Naimi has signed two more licenses to exploit limestone for cement production, bringing the total number of such licenses to 23, which were given to 17 Saudi companies. Sultan bin Jamal Shawly, undersecretary at the ministry for mineral resources, said Al-Naimi signed the two licenses on Saturday that were won by Abdul Aziz Al-Amran & Partners. Abdul Aziz Al-Amran, director general, signed the deal on behalf of his company. He said the licen... |
Siam CEO comments on Thai flood factor28 November 2011, Published under Cement NewsThe Thailand government must outline measures to assist flood-affected companies and quickly restore confidence, business leaders say, as the private sector has done its part to aid flood victims, the Bangkok Post reports. Kan Trakulhoon, the president and chief executive of the Siam Cement Group (SCG), says recovering confidence is an immediate challenge for Thailand. "I think the short-term issue for the country is how the government can help companies affected by floods quickly resume o... |