Cement News tagged under: international
New Zealand plant decision expected soon18 August 2011, Published under Cement NewsAn announcement on whether Holcim’s planned cement plant planned for Oamaru will go ahead could be made imminently. Holcim New Zealand met yesterday with the project, planned to be built 10km outside of Oamaru at Weston, on its agenda. Waitaki Mayor Alex Familton said yesterday he expected an announcement today or tomorrow. However, the board could decide to delay the decision for another meeting or to request more information, he said. "But fingers crossed there will be a positive outco... |
Vietnam first-half sales up 45%18 August 2011, Published under Cement NewsVietnam’s cement sales stood at 1.1Mt in the first half of this month, rising 45% from the same period of July, the Price Management Department under the Finance Ministry said. The recovery of construction demand after several quiet months were mainly attributed to the increasing, the Thoi bao kinh te newspaper quoted the department as saying Thursday. The country’s cement production in the first two weeks of August rose 3% on-month to 543,000t, the department said. Meanwhile in the first... |
Strong Swiss Franc hits Holcim 1H, new Brazilian investment announced18 August 2011, Published under Cement NewsWhile Holcim reported first-half sales increases in all segments for first-half 2011, these gains were wiped out by currency headwinds, the group said in a statement. Consolidated cement deliveries in 1H11 increased 4.7 per cent to 70.9Mt. Shipments of aggregates rose 11 per cent to 81.3Mt, and the volume of ready-mix concrete sold increased 5.7 per cent to 23.1Mm3. Europe achieved the biggest gain in the cement segment, for aggregates it was Latin America, and for ready-mix concrete North ... |
Anjani Portland to invest in Bijapur plant, India17 August 2011, Published under Cement NewsAnjani Portland Cement Ltd will invest approximately INR300 crore in a greenfield cement plant in Bijapur district of Karnataka. It will have a capacity of around a 1Mta. The Hyderabad-based company has obtaining mining licence for limestone. It will be the first cement unit in Bijapur. The unit will take Anjani Portland’s capacity to over 2Mt from the present 1.16Mta, said KV Vishnu Raju, Chairman and Managing Director. “We plan to raise the funds through a combination of debt, equity an... |
Vietnam: slow construction industry weighs on materials sales17 August 2011, Published under Cement NewsThe Vietnam building materials market has had a tough time lately due to a downturn in the building industry and increased production. The Viet Nam Building Material Association said production at factories making cement and ceramic tiles had increased against the same period last year while consumption had reduced. Nguyen Thi Thuy, owner of Tien Thuy building material shop in Hoang Quoc Viet Street, said sales always fell in the wet season but this year they were down from the beginning o... |
Lipetskcement record monthly output, Russia17 August 2011, Published under Cement NewsRussian cement producer, Lipetskcement, produced 188,000t of cement in July 2011 – the highest monthly output in its 50 year history. For the first seven months of 2011, the company produced 716,000t of cement, and increase of 43,000t on the same period of last year. |
Thai prices expected to climb further17 August 2011, Published under Cement NewsAfter increasing prices three times for a total of 20% during the first seven months of the year, cement makers look set to keep doing so for the rest of the year due to an upward trend in commodity prices, according to Chonburi Concrete Product Plc (CCP). All commodity prices tend to rise further even as oil prices are either stable or falling, noted CCP managing director Chakrit Theepakornsukkasame. To maintain its gross margin, CCP will raise cement prices in line with costs, but Mr Cha... |
Lafarge divestment of gypsum business in Asia17 August 2011, Published under Cement NewsLafarge agreed with Boral to sell them its stake in their common Asian Gypsum joint-venture LBGA (Lafarge Boral Gypsum Asia) for €429m (representing the enterprise value of Lafarge’s 50%-stake in the joint-venture). LBGA is a 50/50 joint-venture formed in 2000 between Lafarge and Boral. The company is a leading supplier of plasterboard and other gypsum-related products across Asia, operating throughout 10 countries with 20 production facilities and employing around 2,100 people. In 2010, L... |
Holcim Sri Lanka to strengthen operations17 August 2011, Published under Cement NewsHolcim (Lanka) Ltd will invest LKR3.6bn (US$32.8m) in the next three years to strengthen its domestic operations. Holcim Chairman Manilal Fernando said this will be mainly to increase their grinding capacity in the factory, as well as expansion of their integrated cement plants in Puttalam and also in Trincomalee and Galle. Fernando also spelled out plans of increasing research in a bid to introduce other raw material for cement manufacture. "We are also looking at another plant in Sri L... |
Azerbaijan production rises16 August 2011, Published under Cement NewsAzerbaijan has reported sales of 759,700t of cement in the first seven months of 2011, up 6.8 per cent YoY. Last year, total cement production reached 1.278Mt, 0.6% less than 1.28Mt produced in 2009, which in turn represented a drop by 19.7% in comparison with 2008. |