Cement News tagged under: international
Taiwan sets its sights on Chongqing producer, China30 August 2011, Published under Cement NewsTaiwan Cement Group recently announced it has set aside CNY1.6bn to acquire Kehua, the largest cement producer in Chongqing of Sichuan province, China. Thanks to the acquisition, the group’s annual production capacity in China will exceed 64Mt. This is the third time Taiwan Cement has acquired China’s medium- and small-sized cement plants so far this year, following the acquisition of Gangan cement plant and Scitus Cement (China) Holdings in Guizhou province. Taiwan Cement spent NT$11.... |
Cachapuz Bilanciai receives further order from Jaiprakash, India30 August 2011, Published under Cement NewsCachapuz Bilanciai Group has received a further order for its SLV Cement software and automation solution from Jaiprakash Associates (the cement division of Jaypee Group). SLV Cement will be implemented at the Chunar Cement Plant, Mirzapur, Uttar Pradesh. With this new order, Chunar plant will be the third Jaiprakash plant to have the SLV Cement software installed to help improve and organise the cement dispatching processes. |
Vietnam Jan-August production expected to rise 10.7%30 August 2011, Published under Cement NewsVietnam is estimated to have produced 39.3Mt of cement in the first eight months of this year. The figure represents a YoY rise of 10.7%, the government’s General Statistics Office said in its monthly report released Aug 26. In August, the country’s cement output is estimated to have risen 15.7% from a year earlier to 5.3Mt. The Ministry of Construction forecast Vietnam’s cement consumption to stand between 54.5Mt and 56Mt this year, up 9%-10% from a year earlier. |
Anhui to boost capacity by 9.6Mta, acquisitions planned29 August 2011, Published under Cement NewsAnhui Conch plans to purchase an 80 percent stake in Guangxi Sihe Industry and Trade and stakes in several subsidiaries of Shaanxi Zhongxi Cement Group for a total of CNY600m (US$94m), reports yicai.com, citing a company filing. Sihe Industry owns a new dry-process cement clinker production line with capacity of 4000tpd a cement grinding system with capacity of 2.4Mta, and 9MW of waste heat power generation units. Zhongxi Cement’s subsidiaries possess clinker capacity of 7.2Mta, and cement... |
Nigeria sets up Cement Technology Institute29 August 2011, Published under Cement NewsThe Ministry of Trade and Investment, Nigeria, has established the Cement Technology Institute (CTI) in order to support the domestic cement industry and its activities through the acquisition and development of appropriate technology, and to ensure the availability of affordable cement throughout the country. The Board of Trustees for the CTI, was recently appointed by Dr Olusegun Aganga, Minister, Trade and Investment, in the capital Abuja, and is chaired by Alhaji Aliko Dangote, Presiden... |
Birla unit ordered to halt limestone mining29 August 2011, Published under Cement NewsBirla Coroporation announced the suspension of limestone mining at Chittorgarh. The announcement came following the order passed by the High Court of Judicature for Rajasthan at Jodhpur to stop mining within 10 kilometers of Chittorgarh Fort. The company, which is taking legal measures to revoke the court order, has confirmed that the limestone stock available at the Chanderia cement plant is sufficient to maintain production for 6-7 days. |
Indian cement producers under scrutiny, cartel investigation29 August 2011, Published under Cement NewsIn a crackdown on alleged cartel behaviour of cement manufacturers, the Competition Commission of India’s Director General has conducted a detailed investigation on over two dozen companies, including leading players such as ACC, Ambuja Cement and UltraTech. The report submitted to the CCI chairman has held most of the companies guilty of cutting production to raise cement price, according to a report by the Financial Chronicle (India). CCI is now seeking a response from these companies on... |
Tokyo Cement mulls more ready-mix concrete plants26 August 2011, Published under Cement NewsSri Lanka’s Tokyo Cement group plans to set up more ready mix concrete plants around the island to cater to a construction boom led by transport infrastructure projects. The firm has completed a ready mix concrete plant in northern Jaffna, which is recovering from the effects of the island’s 30-year ethnic war which ended in 2009. "The plant, which increased our total number of plants to seven, is already in operation and generating income to buoy our bottom line," the company told shareh... |
Sagar Cements to increase output, India26 August 2011, Published under Cement NewsThe joint venture cement plant of Hyderabad-based Sagar Cements Ltd and Vicat Group of France has said it hopes to increase cement output during the second half of this year. “Between June and December next year, we hope to have 0.75Mt of cement dispatches from the phase 1 of the plant coming up at Chatrasal, in Gulbarga district of Karnataka,” Mr S. Sreekanth Reddy, Executive Director, Sagar Cements Ltd, told Business Line. Cement would be sold in the Maharashtra, Karnataka and Andhra P... |
TCC International new line acquisitions, China26 August 2011, Published under Cement NewsTCC International aid it entered into a framework agreement to acquire an array of cement and clinker production lines in Chongqing, Jiangxi and Zhejiang. Under the framework agreement, the Group will acquire 100% of, or not less than 80% of equity interests in a group of companies and assets under Chongqing Kehua Holdings (Group) Ltd and Zhejiang Kehua Group Company Limited engaging in the manufacture and sale of clinker and cement in Chongqing, Jiangxi and Zhejiang. TCC intends to finance... |