Cement News tagged under: international
Sinai Cement to use fuel oil for longer, Egypt13 July 2011, Published under Cement NewsSinai Cement will use fuel oil for a longer period after an explosion disrupted natural-gas supplies, Al Mal reported, citing a company official. The use of fuel oil as an alternative for natural gas will cost the company 25 per cent more, the Cairo-based newspaper said, citing Alaa Mogahed, investor relations manager. |
HeidelbergCement opens new plant in Greater Moscow13 July 2011, Published under Cement NewsHeidelbergCement officially opens its newly built cement plant TulaCement today in the presence of numerous guests. The plant, which is located approximately 150km south of Moscow in the city of Novogurovsky, in the Tula region, has a production capacity of 2Mta of cement. Construction of the plant began in April 2009. The investment costs for the new plant, which employs around 400 people, amount to approximately EUR300m. "We are very pleased that we are today able to inaugurate our state-... |
Taiwan Cement acquires line in Guizhou Province, China13 July 2011, Published under Cement NewsTaiwan Cement Corp said Wednesday it has agreed to acquire a cement production line in Guizhou Province, southwestern China, to tap into the growing demand on the mainland. Taiwan Cement said it will buy Kaili Shui On from Shui On Construction and Materials Ltd. for HK$218m (US$36m) The deal is subject to approval by Taiwan’s Investment Commission. Kaili Shui On, which operates a 1Mta line, is located near Quiyang, the capital of Guizhou, and enjoys strategic transportation links to neighb... |
Holcim inaugurates new Shurovo plant, Russia13 July 2011, Published under Cement NewsHolcim has inaugurated its new cement plant Shurovo in the presence of the President of the Russian Federation, Dmitry Medvedev, the President of the Swiss Confederation, Micheline Calmy-Rey, and the Swiss Federal Councillor Johann Schneider-Ammann. With an annual capacity of 2.1Mta of cement and a capital expenditure of around EUR500m, the new plant in Kolomna, 100 km south of Moscow, is one of the biggest Holcim plants in Eastern Europe. It primarily serves the growth market of Moscow wh... |
Two bidders are willing to supply clinker to INC?13 July 2011, Published under Cement NewsTwo companies submitted bids yesterday to the Industria Nacional del Cemento (INC) with the intention of providing 40,000t of imported clinker. They are Sociedad Export 2 S&P SA and Distripen de Haydee María Bordón Rodas. The first bid of US$ 4,640,000 and the second of US$5320,000, officials said the cement. |
Mondi and Siam City up for more innovative products12 July 2011, Published under Cement NewsIn August 2010 Mondi and Siam City Cement (SCCC) successfully implemented a high porous bag construction for 50kg cement packaging in Thailand. This 2-ply 80gsm construction for 50 kg cement bags is the benchmark throughout SE Asia. With SCCC’s and Mondi’s shared passion for innovation, combined with SCCC’s focus on optimisation of operations and overall efforts to boost profits, another development has been successfully implemented as of June 2011: 2-ply 70gsm ‘Advantage Select’ sack k... |
Century Ply India to invest in cement facilities, India12 July 2011, Published under Cement NewsIndia’s second largest plywood manufacturer Century Plyboards India Ltd (CPIL) will invest INR16.3bn to establish fibre board, particle board, cement and plywood facilities, firm’s MD Sajjan Bhajanka told the Business Line. The firm’s subsidiary Cement Manufacturing Co Ltd through its unit Star Cement Meghalaya Ltd is establishing a clinker plant with a total production capacity of 1.75Mta at Lumshnong in Meghalaya, Bhajanka said. The Cement Manufacturing Co is also establishing grinding u... |
Madras Cements to divest grinding unit12 July 2011, Published under Cement NewsMadras Cements, the flagship enterprise of Chennai-based Ramco Group, is holding talks with Lafarge and Holcim to divest its cement grinding unit in West Bengal for roughly INR350 crore, said sources. PE giant KKR-backed Dalmia Cements had showed early interest but has since dropped out of any possible deal now. "We have been approached by a number of cement manufacturers to sell the grinding unit. At present we are only exploring the offers made by these people. No decision has been tak... |
Lafarge India may buy majority stake in local firm12 July 2011, Published under Cement NewsLafarge India Pvt Ltd may acquire a majority stake in Meghalaya-based Cement Manufacturing Company Ltd (CMCL), which sells cement under ’Star Cement’ brand. CMCL, which is a 70.48% subsidiary of Century Plyboards India Ltd, has a capacity of 1.2Mt in Meghalaya. The company is also adding another 3.2Mt grinding capacity in Assam and Bihar. Once completed, this is expected to take up the total capacity to 4.4Mt by the end of 2012. |
South Valley begins production at new plant, Egypt12 July 2011, Published under Cement NewsSouth Valley Cement announced that it has started the actual production of clinker and the plant will reach its maximum annual production capacity of 1.5Mt within weeks. In addition, the company paid the third installment amounting to EGP3.0mn and USD5.7mn of the loans granted from HSBC and NSGB. Accordingly, the total loan amounts plus interest paid by the company during the period from December 2010 to June 2011 reached EGP9.4mn and USD17.0mn |