Cement News tagged under: international
Lafarge Shui On investment, China23 September 2011, Published under Cement NewsLafarge Shui On Cement Co Ltd signed a deal on 21 September with the local government of Luquan, Yunnan Province to invest CNY800m into a cement manufacturing project, sources reported. The project will have an output of 4600tpd of cement and will take two years to construct. |
Henan Tongli to acquire 100% stake in Yimei Group Cement23 September 2011, Published under Cement NewsHenan Tongli Cement Co., Ltd. has agreed to acquire a 100% stake in Yimei Group Cement from Yima Coal Industry (Group) Co, Ltd and assume CNY750m (US$117.93m) of its debt. All the companies are based in China. Henan Tongli Cement is engaged in the manufacturing and distribution of cement, while Yima Coal Industry is engaged in coal mining and production. Tongli Cement will offer CNY25m (US$3.93m) to Yi Ma Coal Industry Group as a performance guarantee within 10 days after signing an acquis... |
Holcim plant to grow production by 54%, Ecuador23 September 2011, Published under Cement NewsHolcim expects to increase production capacity at its plant in Ecuadorian capital Guayaquil by 54% starting next year. The company will spend US$120mn on expansion work and new machinery to boost cement production to 5.4Mta from 3.5Mta, local daily El Universo reported. The machinery includes a new mill with production capacity of 250tph, or some 12,000 bags of cement daily. The company is also building two warehouses for clinker and cement storage. The expansion project is currently 85% ... |
Tongli Cement ventures into Mozambique23 September 2011, Published under Cement NewsHenan Tongli Cement plans to set up two joint ventures with two partners in Mozambique, reports according to a company filing. The company will establish a joint venture with Biworld International to build a clinker production facility with capacity of 1500tpd, and cement grinding stations with a capacity of 500,000tpa in Muxungue and in Tete. Investment in this joint venture is expected to hit US$99.29m, of which 35 per cent will be borne by shareholders, and the remainder will be obtaine... |
Moroccan market sees strong first-half recovery23 September 2011, Published under Cement NewsThe market for cement in Morocco has witnessed a strong, recording growth of 7.2% in the first-half of 2011, said Vice Chairman of the Board of the Holcim Group Morocco, M. Abdeljalil El Hassani Sbai This improvement is attributed to tax incentives for the social housing sector. The rate of growth of the sector is very satisfactory, which has put Morocco in a good position in comparison with neighbouring countries including Spain, he said in a statement on the sidelines of the presentation... |
PCA applauds committee passage of “Cement Sector Regulatory Relief Act of 2011”22 September 2011, Published under Cement NewsThe committee passage of “Cement Sector Regulatory Relief Act of 2011” (H.R. 2681) by the House Energy and Commerce Committee illustrates the importance of putting in place regulations that protect American lives and American jobs, says the PCA. The bill next moves on to consideration by the full House, planned for the week of October 3. Introduced by Rep. John Sullivan (R-OK) and Rep. Mike Ross (D-AR), along with a bipartisan group of their colleagues, the legislation requires the U.S. ... |
Indocement to build US$300m plant in Central Java22 September 2011, Published under Cement NewsIndocement Tunggal Prakarsa, Indonesia’s biggest cement maker by value, plans to build a plant in Pati, Central Java, at a cost of around US$300m, reports said on Wednesday. “Investment will be done in stages,’’ Sahat Panggabean, Indocement’s corporate secretary. “The company will set aside around US$100m for its initial investment,’’ Sahat said. The new plant is estimated to produce 2.5Mta of cement. Construction is expected to start next year. Sahat said that Indocement would finance t... |
Lafarge vision becomes reality, UK21 September 2011, Published under Cement NewsLafarge Cement’s vision for the future is starting to take shape at the company’s former cement works at Northfleet in Kent, with a major investment in the reconnection of rail freight facilities to the main north Kent line commencing at the site. Lafarge expects the rail sidings to be operational as from mid February 2012. The first main user of the restored line will be Crossrail who will be transporting excavated material from the western tunnel bore at Royal Oak, near Paddington, by t... |
PPC launches new cement21 September 2011, Published under Cement NewsPretoria Portland Cement (PPC) has launched a new cement mix in Botswana. According Richard Tomes, Customer Executive in the research and development arm of PPC, the new revamped products are set to give customers “at least 15 % more value.” He was speaking at the launch at Boipuso Hall last week, to an audience which comprised mostly of PPC customers. Tomes revealed that they have gone around South Africa launching these new products and they received positive feedback from their already e... |
Lafarge employees go on hunger strike to oppose closure, France21 September 2011, Published under Cement NewsTwelve employees of French cement company Lafarge went on hunger strike to oppose the closure of the company’s plant in Frangey, southeastern France. The closure is scheduled for April 2013. Lafarge took the decision for the shutdown in May 2011. Trade union CGT fears that Lafarge wants to close another five cement units in the future. Abstracted from an original article in Les Echos |