Cement News tagged under: international
Ex-Holcim CEO expand stake in company past 20%10 October 2011, Published under Cement NewsThomas Schmidheiny, former chief executive of Holcim Ltd, has increased his holdings in the world’s largest cement maker by sales past 20%. Schmidheiny’s investment vehicle, Schweizerische Cement Industrie AG, has increased its holding from 18.2% to 20.1% of the voting rights at Holcim, the Swiss company said late Thursday. Joerg Denzler, spokesman for Schmidheiny, said: "Mr Schmidheiny had a major stake, but after the last increase of capital this went down to about 18%. He always said th... |
Sustainable construction as a key to better urban life10 October 2011, Published under Cement NewsThe Holcim Awards Gold 2011 for Latin America and US$100,000 was awarded to a team led by Alfredo Brillembourg of Urban Think Tank for a multifunctional public building in a favela of São Paulo, Brazil. The structure prevents further erosion and dangerous mudslides and provides social infrastructure to a community that is effectively separated from the formal city. Holcim Awards Silver went to a strategic response to the earthquake and tsunami risk in the coastal city of Constitución, Chile... |
Jamaican cement producers explore coal switch from oil10 October 2011, Published under Cement NewsJamaica’s cement producers, by their estimates, can save roughly US$37m (J$3.2bn) annually by building their own coal power plant, as opposed to purchasing oil fuel from the national grid or any other source. The continued exploration of coal to fuel cement production highlights the impact that high fuel costs have on manufacturers. Caribbean Cement Company Limited, currently the island’s sole manufacturer, asserts that it can save at least US$8m annually were it to build a US$70m 40MW c... |
US July shipments see marginal rise10 October 2011, Published under Cement NewsTotal shipments of Portland and blended cement in the United States and Puerto Rico for July 2011 were 6.8Mt. This was only slightly higher than shipments in July 2010. Shipments for the year through July were 38.8 Mt, essentially unchanged from the same period in 2010. The leading producing States in July were Texas, California, Missouri, Michigan, and Pennsylvania, in descending order, and accounted for about 41% of the total production. The leading consuming States (Texas, California, F... |
Cement plant reopens following mass shooting, USA10 October 2011, Published under Cement NewsLehigh Southwest Cement Plant employees returned to work Monday following a deadly shooting rampage there last week involving a disgruntled truck driver who shot nine people and killed three. The company announced today that workers at its Permanente plant are returning to work and that the plant is open for business. The shooting occurred at about 4:15am on Wednesday at the Lehigh Southwest Cement Plant in Cupertino, Calif. Shareef Allman, 49, of San Jose, opened fire on about 15 other em... |
Goldsun inaugurates Hunan facility, China07 October 2011, Published under Cement NewsGoldsun Development & Construction & Corp recently inaugurated its second cement plant in Loudi City, Hunan province, China, where it will invest US$150m to build two cement lines, each with 2Mta capacity. Goldsun spokesperson, SY Chiu, said the first-stage cement production line, with 2Mt cement capacity, will start clinker production during this month and commence production by the end of November. |
Cement Australia considers fate of Kandos site07 October 2011, Published under Cement NewsKandos cement works employees enjoyed their final days on-site last week but questions still remain over the future of the site. On Thursday afternoon a spokeswoman on behalf of Cement Australia said the company was continuing discussions with government and private entities regarding future opportunities for the site. At Wednesday’s Mid-Western Regional Council meeting, a report from the Kandos Bicentennial Industrial Museum said it would look to acquire some items from the cement works. ... |
Fire at Lafarge Dunbar works, UK07 October 2011, Published under Cement NewsAbout 50 firefighters tackled a blaze at Lafarge Dunbar’s cement works on Wednesday afternoon after a fire broke out. The alarm was raised just after 12:30 at Lafarge cement works in Dunbar, where there was a fire in a concrete bunker housing about 50t of rubber tyre chips. Nearby residents were warned to keep their windows shut due to the toxic black smoke. At the height of the blaze, eight fire appliances were involved. Nigel Blair, works manager at Lafarge, said: "We can confirm no one... |
GC remains positive on Anhui Conch’s outlook07 October 2011, Published under Cement NewsGuocoCapital thinks Anhui Conch’s average selling price will peak in 4Q11, with an average of CNY325/t for 2011, which translates into revenue growth of 50.6% to CNY52bn assuming management’s sales target of 160Mt is achieved. It tips its gross profit per ton of CNY140 in 2H11 and, therefore, full year gross profit of CNY137/t. Given a relative stable fixed cost structure, Anhui Conch will therefore post net profit growth of about 108.3% on year to CNY13.4bn in 2011. "We tend to be positiv... |
Zambezi Portland Cement increases production07 October 2011, Published under Cement NewsZambezi Portland Cement Limited (ZPC) has increased production of cement to 1300tpd from 1100tpd following the installation of new machinery and modification of other facilities at the plant. ZPC managing director Antonio Ventriglia said the company has increased cement production to meet the increasing demand. “We have increased production by another 10 per cent from 1100t to 1300t, this is also complemented with qualified staff,” he said. The company will soon commission a US$2m new ... |