Cement News tagged under: international
Indian producers report improved monthly sales growth03 August 2011, Published under Cement NewsLeading Indian cement manufacturers have managed to achieve better sales growth in the range of 7.4-28 per cent in July in spite of monsoon which is usually a lean season for the sector. While the market leader by capacity, Aditya Birla Group-controlled Ultratech Cement, said its July sales rose to 3.13Mt, a growth of 7.4 per cent, the number two ACC had the best numbers with 28.21 per cent spike in sales during July to 2Mt against 1.56Mt YoY. Ultratech’s production also increased to 3.10M... |
China cement sector first-half growth03 August 2011, Published under Cement NewsChina’s cement industry maintained rapid growth in production, sales and profits in the first half of this year, according to the latest data released by the Ministry of Industry and Information Technology (MIIT). According to statistics, China produced 198Mt of cement in June, an increase of 19.9 per cent YoY. The cement output and the monthly growth rate both hit record highs. In the first half of this year, China’s cement production increased by 19.6 per cent YoY to 950Mt. Cement and c... |
Indocement considers two new factories, Indonesia03 August 2011, Published under Cement NewsPT Indocement, part of the HeidelbergCement Group, is conducting a feasibility study to build two cement factories with a production capacity of 2.5Mta. "Of the two new cement factories, one will be built in Central Java and the other outside Java," the company`s spokesman Sahat Panggabean said here on Monday. Panggabean said the company was optimistic that domestic demand for cement would continue to increase and therefore the feasibility study was being conducted to build the two new... |
Iran cement production up 19%03 August 2011, Published under Cement NewsIran’s cement production has reached 23.41Mt in the first four months of the current Iranian calendar year (started March 21), new figures show. According to a report published by Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO), the new data show a 19 per cent growth in Iran’s cement output compared to corresponding figures last year, Mehr news agency reported. The report added that Iranian companies produced 6.37Mt of cement in Tir (4th month in sola... |
Boral Indonesia’s permit not extended02 August 2011, Published under Cement NewsThe Lebak regency administration in Banten (a province on the island of Java) says it has not renewed the permit given to Australian company Boral Indonesia to carry out land acquisition for a planned cement plant. Lebak regent Mulyadi Jayabaya said in a statement that the permit, which expired in 2009, had been revoked because the company had not made a serious effort to proceed with its plan to build the cement plant. Mulyadi said a permit was previously given to the company to acquire 1... |
TXI expands presence in Central Texas02 August 2011, Published under Cement NewsTexas Industries today announced the acquisition of ready-mix and aggregate operations of Cemex USA that serve the Austin metropolitan market. The transaction was finalised on July 29. This acquisition expands TXI’s operations by three ready mix concrete plants and one aggregate plant. This investment allows TXI to further supplement the company’s growing resources in this region, including the recently-completed acquisition of the Central Texas Ready Mix division and expansion of the Hunte... |
Dangote Cement 1H11 net profit up 8.9%, Nigeria02 August 2011, Published under Cement NewsDangote Cement profit climbed 8.9 per cent in the six months through June as sales rose. Profit after tax increased to NGN57.7bn (US$378.2m) compared with NGN53bn a year earlier, according to a statement published on the Nigerian Stock Exchange’s website today. Revenue advanced 13 per cent to NGN112.7bn, while the net value of its assets was NGN234.3bn from NGN211.5bn, the company said. The cement maker plans to raise funds in a London share sale before the end of 2012, investing US$3.9... |
Khrew Cement to double production, India02 August 2011, Published under Cement NewsMinister for Industries and Commerce, SS Slathia, today said the production capacity of the government-owned cement plant at Khrew is being increased from 600tpd to 1200tpd to bridge the demand-supply gap. Speaking at the Annual General Meeting of the Jammu and Kashmir Cements Ltd here yesterday, Slathia, who is also the chairman of the company, said despite having huge deposits of high quality limestone, the state imports huge quantity of cement from other states to meet its requirement. ... |
Messebo & National Cement team up for coal purchases02 August 2011, Published under Cement NewsFollowing the government directive for cement factories to first use petcoke, and later coal, as alternative sources of energy, Messebo Cement Factory and National Cement SC have jointly imported coal worth a total of around US$7.6m from South Africa. Being the only two factories that use coal for electricity generation, the two companies agreed to transport the coal jointly using a single shipment. Out of the total consignment, 5000t belongs to National Cement. “Since the transport cost d... |
Cement production in Czech Republic grows by 21% in 1H1101 August 2011, Published under Cement NewsCzech cement production grew by 21% YoY to 1.7Mt in the first half of this year and its consumption rose by 11% to 1.4Mt, according to the latest data of the Czech Cement Producers’ Association. Ceskomoravsky cement company board chairman Jan Hrozek, however, said he did not see many reasons to be optimistic. According to him, the figures mean just a slowdown of the steep fall of construction output that occurred in the previous years. "Comparing cement consumption in the 1H09, when the ... |