Cement News tagged under: international
Lucky Cement plans Congo plant05 August 2011, Published under Cement NewsPakistan’s Lucky Cement plans to form a joint venture with Groupe Rawji of Democratic Republic of Congo to build a 1Mta plant in the African nation. The factory will be completed in about three years after construction begins in the next 3-5 months, Abid Muhammad Ganatra, director of finance at Lucky Cement, said in an interview with Reuters. Lucky Cement will pay US$40m for a 50 per cent stake in the project, it said in a statement to the Karachi Stock Exchange on Aug. 1. As much as 54 p... |
Mexican first-half cement sales rise05 August 2011, Published under Cement NewsMexican cement producers concluded the first half of the year with positive sales. According to reports from the three cement companies traded on the Bolsa Mexicana de Valores (BMV), Cemex, Cementos Moctezuma and GCC, combined sales grew 18 per cent during the first six months of 2011, driven by volume growth and prices. Between January and June this year, the average growth of cement volume was 3.7 per cent. According to Cemex, the infrastructure, industrial and trade sectors were the m... |
Cemex celebrates Kollenbach plant centenary, Germany04 August 2011, Published under Cement NewsCemex in Germany recently celebrated the 100th anniversary of its Kollenbach cement plant in Beckum, Germany. The Beckum-Kollenbach plant was founded in 1911, built in 1912, and shipped its first railway carriage of cement on March 15, 1913. With this shipment, the plant began a history of technical innovations in both production and the environment, some of which were groundbreaking for the entire cement industry. In his address to the celebrants, including the mayor of Beckum and a memb... |
Operations at Mombasa Cement still halted, Kenya04 August 2011, Published under Cement NewsOperations at the Mombasa Cement Company in Takaungu, Kilifi was suspended for the second day running as engineers continued to remove sand from the silo that collapsed last Monday in bid to recover any one who might still be trapped. The police confirmed that the technical engineer, who was at the site, succumbed to injuries. Four other workers admitted at a local hospital, have been discharged. Kilifi police boss Clement Wangai said it may take up to three days to clear the rubble and es... |
JK Lakshmi looks to Bengal for new grinding unit04 August 2011, Published under Cement NewsJK Lakshmi Cement, part of the JK Group, may look at Bengal to establish a 1Mt cement grinding unit. JKLC director S Chouksey told local press that it would set up two 1Mta grinding units in the east, an area where it does not already have a presence. "We have already identified land for one unit in Orissa. The second unit will be set up near Jharkhand Bengal border or in Bengal. |
Vietnam producers seek new export markets04 August 2011, Published under Cement NewsVietnam cement companies are seeking new outlets such as Bangladesh, Africa, Hong Kong, Singapore and Myanmar. The Viet Nam Cement Industry Corp (Vicem), the country’s leading cement producer, last month made a trip to Myanmar to explore the market there. Myanmar had a huge demand for cement as its factories had failed to meet domestic consumption. For years, Myanmar had imported cement from Thailand, Malaysia and China, the company said in its report. Export prices of cement to Myanmar ... |
Ohorongo comments on end to Angola import ban04 August 2011, Published under Cement NewsThe temporary ban on the importing cement from Namibia to Angola will be lifted and Ohorongo expects to export to the neighbour by the end of the year. In an interview with Nampa on Tuesday, the managing director of Ohorongo Cement, Hans-Wilhelm Schütte, said the ban caught the company by surprise, as they had just started exporting cement to Angola in May this year. “The ban has hurt us, but the good news is that the two countries have had positive negotiations and the importing of cemen... |
Vulcan achieves higher prices, except for cement04 August 2011, Published under Cement NewsVulcan Materials’ first half turnover declined by 3.3% to US$1,189.2m and the EBITDA was down by 6.2% to US$146.4m. After a net interest charge 30.1% higher at US$113.2m, the pre-tax loss for the period rose by 22.1% to US$149.5m. However, a greater availability of tax losses limited the reduction in net attributable earnings to just 0.2%, to US$62.9m. Capital investment was increased by 22.2% to US$51.5m, but the full year estimate has been reduced by 20% to US$100m and compares with the... |
MoU signed for Ivory Coast plant03 August 2011, Published under Cement NewsIvory Coast will soon have a second cement plant as a Memorandum of Understanding was signed to this effect last Friday between the Director of the Addoha group (Morocco) and the Minister of Construction, Sanitation and Urban Development, Mamadou Sanogo in Plateau. |
HeidelbergCement’s Bosnia sales fall03 August 2011, Published under Cement NewsCement sales of HeidelbergCement’s Bosnian division declined in the first-half of 2011. "In the cement business line, sales volumes increased substantially in most countries; only in Bosnia-Herzegovina were our cement deliveries still significantly below the previous year’s level in the first half of the year," HeidelbergCement said in its first-half financial report published at the end of last week. In Bosnia and Herzegovina HeidelbergCement operates the the Kakanj cement plant (TCK), ... |