Cement News tagged under: international
Bosowo plans US$120m expansion, Indonesia07 October 2011, Published under Cement NewsBosowa Corporation plans to spend US$120m expanding its cement production and distribution capacity as it looks to capitalise on a planned infrastructure spending spree by the government and a rapidly developing property market. Combined production at its two cement units, Semen Bosowa Maros and Semen Bosowa Batam, is expected to reach 3.5Mt this year, said Erwin Aksa, president director of Bosowa, the largest business group in eastern Indonesia. Between January and September, the comp... |
Dangote signs business pacts in Congo, Ethiopia07 October 2011, Published under Cement NewsThe Dangote Group of Nigeria has signed fresh investment agreements worth US$750m with the government of two African countries for cement production. According to a statement, the Dangote Group has signed a US$350m investment agreement with the Central African Republic of Congo and another US$400m with the Ethiopian government. The deals were signed at separate occasion in the capital of both countries where President and Chief Executive Officer of the Dangote Group, Alhaji Aliko Dangote s... |
New tax could force Cemex UK to ‘move abroad’07 October 2011, Published under Cement NewsBosses at Cemex’ Rugby cement plant Cemex claim a new government “green tax” could force them to move their UK operations abroad in the future, local press report. The firm, which employs 170 staff at its Warwickshire base, believes the planned new taxation on energy usage may prove too costly. Sustainability director Andy Spencer estimates the green tax, along with additional annual energy bill increases, will cost the firm an extra UK£20m a year. And now Cemex is calling for the governm... |
Cimpor invests EUR60m in Spanish units07 October 2011, Published under Cement NewsThe chairman of the executive committee Cimpor Group, Francisco de Lacerda, and the Minister of Environment of the Council of Andalusia, José Juan Diaz Trillo, held a meeting yesterday during the annual convention that brings together executives of the cement company in Spain and Portugal, and which this year takes place in Seville. During the meeting, the chief executive of Cimpor exposed the difficulties facing the sector in Spain and stressed the efforts made by the company to modernise p... |
Holcim puts New Zealand plant on hold06 October 2011, Published under Cement NewsHolcim has put plans for a new factory near the South Island town of Oamaru on hold, according to local press reports. A decision on the US$400m plan was expected in August this year but Holcim New Zealand’s project manager, Ken Cowie, said the company’s Swiss headquarters has put the project on hold due to global economic uncertainties. He added that the project is not to be considered again until next year. Source: Radio New Zealand |
Vicem receives green light to acquire stake in Cam Pha Cement06 October 2011, Published under Cement NewsVietnamese Prime Minister has given the Vietnam Cement Industry Corporation (Vicem) to purchase a 75 per cent stake in Cam Pha Cement JSC, an affiliate of Vietnam Construction and Import-Export JS Corp (VCG). The PM assigned the ministries of Finance, Construction, Justice and other departments to handle the issues related to restructuring the capital of Cam Pha Cement JSC. VCG had earlier agreed to sell its 51 per cent stake in Cam Pha Cement Plant to Vicem with a price not below VDN10,00... |
Preview: Asia Cement sees nine-month net to soar, Taiwan06 October 2011, Published under Cement NewsTaiwan-based producer Asia Cement said it expects over 450% YoY increase of its unaudited net profit for the nine months ended 30 September 2011. The increase is primarily attributed to an increase in production capacity and sales volumes following new lines becoming fully operational in China. Such kilns include: Line No 3 at its Sichuan Yadong plant, Line No line at Huanggang Yadong plant, Line No 4 at Jiangxi Yadong Plant and Line No 2 at Hubei Yadong Plant and Wuhan Yaxin Cement Co, Ltd... |
Swiss 3Q cement shipments decline marginally06 October 2011, Published under Cement NewsDomestic cement deliveries in Switzerland declined in the 3Q11 by 2.3% YoY to 1.26Mt. The third quarter of 2011, however, included one less working day, and therefore deliveries can be considered to be constant, the Swiss Association for the Cement Industry in a statement Wednesday. From January to September 2011, cement shipments rose 3.8% to 3.58Mt. For the full year, the association expects a volume up to the level of the previous year. |
Ukraine’s largest clinker line comes on-stream06 October 2011, Published under Cement NewsIn August 2011, CRH brought the Ukraine’s largest clinker production line online at the Kamenets-Podilsky plant. The 7500tpd line was built with state-of-the-art components from the raw material preparation to the clinker production system. ThyssenKrupp Polysius’ scope of supply includes a clay crusher, a circular blending bed, three online analysers, a QUADROPOL roller mill, and a tangential blending silo, as well as the kiln plant consisting of DOPOL preheater with PREPOL MSC calciner,... |
“Arab Spring” impacts on Turkey’s cement exports05 October 2011, Published under Cement NewsThe “Arab Spring” has negatively impacted Turkey cement exports in the first half of 2011 as export volumes registered a 27% decline to 5.9Mt when compared to the equivalent period last year. However, output from the country’s cement plants went up 1.11% to 30.624Mt with 24.7Mt sold domestically, which represented a YoY rise of 11.6%. Turkey’s Mediterranean regions performed particularly strong as it registered a 19% increase. |