Cement News tagged under: international
Misr Cement Qena resumes production as strike action ends02 November 2011, Published under Cement NewsEgypt’s Misr Cement Qena has resumed production at all its factories after employees ended their strike and returned to work, the firm announced in a statement to the stock exchange on Monday. The statement gave no indication of whether a deal had been reached between management and disgruntled employees. The cement producer shut all but one of its factories on Sunday in response to a new wave of industrial action by workers demanding higher wages. Ahmed Imam, an official at Misr Cement, t... |
ACC 3Q consolidated net profit up 84%02 November 2011, Published under Cement NewsACC Ltd Tuesday said consolidated net profit for the fiscal third quarter rose 84% due to higher sales. Net profit for the Indian unit of Holcim rose to INR1.59bn from INR863.1m in the July-September period. Sales rose 30% to INR22.83bn from INR17.59bn. |
Lafarge Cauldon works helps identify builders for the future02 November 2011, Published under Cement NewsLafarge Cement UK’s Cauldon Works has joined forces with one of its merchant customers, Huws Gray, and a specialist construction college in North Wales to host a week long educational visit to find Britain’s builders of the future. The manufacturer’s product experts spent time at Llandrillo College in Rhyl, North Wales, training Building Craft Foundation and other construction-linked students using Lafarge building materials supplied by merchant Huws Gray. Lafarge Cement then took 40 stu... |
AfriSam settles in cartel case, South Africa02 November 2011, Published under Cement NewsSouth Africa’s Competition Commission has entered into a settlement agreement with AfriSam, in which the company admitted that it took part in a cement cartel. AfriSam agreed to pay a penalty of about ZAR124.9m, which represents three per cent of its 2010 cement annual turnover in the Southern African Customs Union (SA, Botswana, Lesotho, Swaziland and Namibia). "This settlement is a reflection of AfriSam’s material cooperation with the commission in uncovering and providing further ... |
Japanese prices rise on robust demand02 November 2011, Published under Cement NewsJapanese cement prices have started to rise throughout the country, due to strong demand from the private sector and ongoing reconstruction efforts in the Tohoku region. At the start of the year, Taiheiyo Cement Corp and other major cement producers began approaching their clients about the possibility of price increases of more than JPY1000/t (US$12.8), due to surging fuel costs. Producers of ready-mix concrete in the Tokyo metropolitan area, where construction demand is high, have already... |
India’s Ambuja Cements Oct shipments up 1.7% YoY02 November 2011, Published under Cement NewsAmbuja Cements Ltd, India’s No. 3 cement maker, said late on Tuesday shipments in October rose 1.7 per cent from a year ago to 1.78Mt. The company, part of the Holcim group, said production in October rose to 1.81Mt from 1.75Mt a year earlier. Ambuja Cements, which follows January-December as accounting year, has posted a 12.5% rise in net profit at INR1.71bn in the third quarter (July-September) ended September 30, in fiscal year 2011. It had posted a net profit of INR1.52bn in the same pe... |
Ahangarancement produces 1.3Mt of cement in 9m 201101 November 2011, Published under Cement NewsAhangarancement open joint stock company, part of Eurocement Group (Russia) produced 1.3Mt of cement in January-September 2011, the Russian company said. The company added that Ahangarancement produced 1Mt of clinker and dispatched 1.31Mt of cement, of which 271,000t were exported. Exports grew by 16,500t YoY. |
Yanbu halts three lines to test new unit due to fuel shortage01 November 2011, Published under Cement NewsSaudi Arabia’s Yanbu Cement Co stopped three of its production lines to use their fuel allocations to test-run a new line, the Jeddah-based company said in a statement to the Saudi bourse today. Testing of the new line, which has a capacity of 10,000tpd, will be completed before the end of this year, the statement said. Yanbu said it took this step, which will curb supplies, after Saudi Aramco failed to provide the cement maker with the required fuel. However, Saudi Aramco denied it was ... |
Taiheiyo Cement to resume production in Ofunato01 November 2011, Published under Cement NewsTaiheiyo Cement Corp. said Monday its plant in the city of Ofunato, Iwate Prefecture, Japan, one of the regions hit hardest by the March 11 earthquake and tsunami, will resume cement production on Friday. Production will restart at one of the two kilns at the plant, which has been used to incinerate debris from the disaster since June. Taiheiyo Cement is also considering restarting the other kiln, company officials said. |
Ancap to export cement in 201401 November 2011, Published under Cement NewsBy 2014, it is expected that the two Portland cement plants located in Paysandú and Mines, Uruguay will have completed their upgrades and produce at full capacity, rated at 1.1Mta. Ancap will invest US$200m in plant restructuring, modifying the process and the energy matrix, lowering production costs, improving the environmental impact and increasing production capacity. Director, Juan Gomez, said in Minas today that the country consumed 800,000t of Portland, of which 500,000t are produ... |