Cement News tagged under: international
Jurong Port to invest in new cement terminal, Singapore22 August 2011, Published under Cement NewsJurong Port will be developing a new S$100m (US$82.5m) cement terminal to expand the handling capacity of its existing cement facility by 50 per cent. ’The development of the new cement terminal will enable the port to meet Singapore’s current and medium term demand for bulk cement,’ said Jurong Port’s CEO, Matthew Chan. ’The port’s present cement terminal has a handling capacity of 4Mt of bulk cement each year; with the new terminal, the handling capacity will increase to 6Mt’. The inves... |
Pakistan cement sales likely to reach 2.7Mt in July22 August 2011, Published under Cement NewsPakistan cement dispatches in July are expected to touch 2.7Mt, showing an improvement of 10 per cent over July 2010, industry sources said. This improvement is attributed to higher demand from flood affected areas and inventory buildups by dealers due to lower prices on account of budgetary measures. Domestic dispatches in July are expected to have remained around 1.97Mt, up 13 per cent from 1.74Mt seen in the same period last year. While exports in July have also shown some improveme... |
Holcim new plant decision tipped for early-2012, New Zealand22 August 2011, Published under Cement NewsHolcim NZ hopes a decision by its European parent on whether to go ahead with a new cement plant near Oamaru will be made by December or early next year. The Christchurch-based company has previously said if it gets the go-ahead, the plant could be operating within about three years of a board approval. Holcim had in late 2009 received the required resource consents. The Swiss parent yesterday told the New Zealand subsidiary there was no decision yet on the plant, but instructed it to ke... |
Gresik plans 0.6Mta Papua factory, Indonesia22 August 2011, Published under Cement NewsIndonesian cement producer, PT Semen Gresik, plans to build a new factory in Papua with an investment of US$150m. Dwi Soetjipto, the president of the state company, said the factory would have a production capacity of 600,000tpa. The factory will help cope with problem in cement supply to the country’s easternmost region, Mr. Soetjipto said Implementation of the project could be made earlier if the government provides supporting facilities such as road infrastructure, he said giving no fur... |
Jaypee launches new product, India19 August 2011, Published under Cement NewsJaypee Group, the third largest cement manufacturing company in India, has launched its new cement bag in West Bengal which will replace its old product line. K Swaminathan, President- Commercial, Jaypee Cement, said, “We have launched superior quality slag cement bags with laminated poly- propylene packaging. The product is Rs 5 costlier than market products but we are offering tamper proof bags.” The company’s Bokaro cement plant adjoining to Steel Authority of India (SAIL) has recently ... |
TCL Group helps Haiti set up cement terminal19 August 2011, Published under Cement NewsThe Trinidad Cement Limited (TCL) Group has entered into a long-term agreement with the Win Group of Haiti for the establishment and operation of a cement terminal on approximately five acres of land at Terminal Varreux in the capital, Port-au-Prince. Phase 1 of the project will see the establishment of a Cement Warehouse Facility/Operation within six months, for the supply of bagged cement (42.5kgs) originating at Caribbean Cement Company Limited (CCCL), the TCL Group’s operation in Jama... |
Holcim delays Weston plant decision, New Zealand19 August 2011, Published under Cement NewsHolcim has delayed the decision on a proposed plant in Weston, New Zealand, until the end of the year, according to local press reports. Oamaru leaders have been expecting a final decision this week at Holcim’s international board meeting in Switzerland. Holcim New Zealand says the meeting did review the project but did not make any final decisions. |
Votorantim executive Carlos Ermírio de Moraes dies19 August 2011, Published under Cement NewsCarlos Ermírio de Moraes, Chairman of the Board of Votorantim Participações (VPAR) has died. The son of Mr. Antônio Ermírio de Moraes e Mrs. Maria Regina Moraes, Carlos Ermírio was Chairman of the Board of Votorantim Participações (VPAR) since 2001. With over 30 years of service to the Votorantim group, he also played an active role in Votorantim Cimentos, CBA, Votorantim Metais and Votorantim Energia, the group said in a statement. |
Nigerian price hike attributed to higher LPFO costs18 August 2011, Published under Cement NewsCement Manufacturers Association of Nigeria said on Wednesday in Lagos that the current high cost of cement is due to an increase in the cost of Low Pour Fuel Oil (LPFO). James Salako, secretary of the association, told reporters that the price of the oil had increased from N40 to N68 per litre. Salako said the distributors of cement took advantage of this to increase the price, knowing full well that manufacturers would not cope with the price differential for a long period. |
Boral cement turnover advances18 August 2011, Published under Cement NewsBoral’s turnover in the year to the end of June recovered by 2.4% to AUD4710.5m (€3,415.1m) and the EBITDA improved by 3.4% to AUD522m (€378.5m). The trading profit rose by 10.0% to AUD$277.2m (€201.0m) and net interest charge fell by 34.3% to AUD63.7m (€46.2m) so the running pre-tax profit advanced by 37.8% to AUD213.5m (€154.8m). Without the write-downs on assets that last year gave rise to a net attributable loss of AUD90.5m, there was an AUD167.7m (€121.6m) net profit this time. Capita... |