Cement News tagged under: international
ACC launches new cement brand Concrete+, India01 August 2011, Published under Cement News@font-face { font-family: "Cambria"; }p.MsoNormal, li.MsoNormal, div.MsoNormal { margin: 0cm 0cm 10pt; font-size: 12pt; font-family: "Times New Roman"; }div.Section1 { page: Section1; } ACC aims to sell 1Mta of its new cement brand `Concrete+’. The company will also gradually phase out its ordinary Portland cements, which contribute 9-10 per cent to its total revenue. “We are targeting selling 1Mta of Concrete+, a premium eco-friendly cement bran... |
ARM’s Tanzania cement plants to start up in 201201 August 2011, Published under Cement NewsKenya-based cement maker Athi River Mining plans to start production at its two Tanzanian plants early next year, company officials said. The Dar es Salaam plant will have a capacity of 0.75Mta and should be operational by February. The second plant to be based in Tanga is expected to be running by September 2012 and will have a capacity of 1.5Mta. The combined capacity will effectively make ARM the single-largest integrated cement producer in the region. “We have invested more than US$1... |
Profits increase at HeidelbergCement01 August 2011, Published under Cement NewsHeidelberg Cement reported a 25% YoY increase in second-quarter net profit to €208m on revenues of €3.4bn, 3% higher than the same quarter in 2010. The company said a sustained recovery in demand for building materials in Europe and Central Asia had boosted results, together with continuing growth in the rest of Asia and Africa. Offsetting this, Heidelberg said deliveries of cement, aggregates and asphalt declined in North America, where weak demand continued. In addition, the company was... |
FLSmidth enters into agreement to acquire Darimec Srl01 August 2011, Published under Cement NewsFLSmidth has signed a share purchase agreement to acquire 100% shareholding in Darimec Srl, an Italian company that designs and manufactures girth gears, pinions and custom-made reducers mainly for the cement and minerals industries. Darimec is a highly-specialised gear manufacturer and has sold more than 1100 girth gears worldwide. Its product range includes kiln and mill girth gears, pinions of all kinds, special reducers, kiln rollers and tyres, overhaul, rebuilding and re-engineering of... |
Oman cement to increase grinding capacity01 August 2011, Published under Cement NewsOman Cement wants to boost its cement grinding capacity to meet increased demand, spurred by the recent boom in infrastructure projects in the country. Dr Abdullah Abbas Ahmed, chairman of Oman Cement, said: “The expansion is the latest in a series of upgrades undertaken by Oman Cement in recent years. Earlier this year, the company commissioned the second phase of the expansion of its third clinker production line, boosting clinker production capacity by 4000tpd. Following the commercial l... |
Taiwan cement sector 2H outlook promising29 July 2011, Published under Cement NewsTaiwan cement sector is expected to deliver a strong 2Q results and its 2H outlook remains "healthy" on strong China profit, says Credit Suisse. For Asia Cement, the house estimates a 45%-50% on quarter earnings growth as its China profits grew 49% on quarter on volume growth and unit profit expansion. Taiwan Cement is expected to double its net income on its China operations and strong profits from its chemical subsidiary. Despite investor concerns over a possible 3Q industry slowdown, ... |
HeidelbergCement 2Q turnover EUR3.4bn29 July 2011, Published under Cement NewsHeidelbergCement today confirmed its outlook for 2011, but reported a decline in second quarter operating income, as price increases failed to offset the rise in energy costs in the cement business. Second-quarter operating income decreased to EUR441m from EUR492m. The company said it still expects turnover and operating income to increase in 2011. Second-quarter net profit rose to EUR159m from EUR120m a year earlier. Turnover rose 3% during the first three months of the year, to EUR3.39bn... |
PPC blames cement shortage on flyash deliveries, Botswana28 July 2011, Published under Cement NewsFor the past month, there has been rumbling in the construction industry as to whether there is shortage of building cement or not. One company owner in Gaborone told Gazette Business that he has had difficulty in try to procure cement to develop a few plots he owns. “There is no cement and if you find any it is of poor quality,” said the developer who preferred to remain anonymous. Another complaint came from a local building material hardware owner, noting that the problem was with the ... |
Oman Cement considers raising grinding capacity28 July 2011, Published under Cement NewsOman Cement is weighing up moves to boost its cement grinding capacity to keep pace with escalating demand. Towards this end, the company has floated a tender for the selection of a consultant to study the best techno-commercial options for enhancing its cement grinding capacity. Based on the findings of the study, a tender will be floated during the next quarter for a turnkey contract for the implementation of the expansion project, Dr Abdullah Abbas Ahmed, Chairman, stated in the Board o... |
Phase one of Guam terminal set for year-end completion28 July 2011, Published under Cement NewsFor Perez Brothers Inc., one of Guam’s two suppliers of ready-mix concrete and concrete block, the Guam military buildup triggered a multi-million dollar plan that has seen it upgrade facilities, partner with Asian investors, and enter two new business arenas. The 60-year-old, family-owned local company will become the island’s second importer of bulk cement when it begins operations at its US$15m cement terminal, the first phase of which is to be operational by the end of the year. The ter... |