Cement News tagged under: international
Forum urges government to review import duty on tax, Nigeria21 June 2011, Published under Cement NewsThe Cement New Entrant Forum of Nigeria on Sunday in Abuja called on the Federal Government to reduce the 35 per cent import duty on cement to five per cent. The call was contained in a statement signed by David Iweta, chairman of the forum, a copy of which was made available to the press. “Mr President kindly consider the reversal of the imposed 35 per cent duty on an already expensive essential commodity, to five per cent,’’ the statement said. It claimed that the high import duty was ma... |
Jazan plant to increase milling capacity by 50%, Saudi Arabia21 June 2011, Published under Cement NewsHis Highness Prince Abdullah bin Musa’ad bin Abdurrahman Al- Saud, the chairman has signed a contract with Mr Erich Pichlmaier, managing director of Christian Pfeiffer, for the delivery of a third cement mill for Southern Province Cement’s Jazan plant. The contract consist of delivering the full mechanical and electrical equipment, the design, the supervision of the civil works the steel structures- the mechanical and the electrical installations and the commissioning works. Capacity of ... |
Lafarge signs MoU for sustainable construction materials, Russia21 June 2011, Published under Cement NewsUnder the framework of the St Petersburg International Economic Forum 2011, Dmitry Lisenkov, managing director of RUSNANO and Alex de Valukhoff, general director of LafargeCement in Russia signed a Memorandum of Understanding (MoU). This MoU signifies the intention of the two parties to begin working together in the development of innovative and sustainable construction materials designed to provide more value for customers across Russia . "We are delighted to sign a strategic agreement wi... |
Eurocement builds plant in Voronezh Region, Russia21 June 2011, Published under Cement NewsEurocement is to construct a RUB18bn (€451.8m) plant in the Voronezh Region, central Russia. Production will start in 2012. |
Watchdog launches case against cement companies, Hungary21 June 2011, Published under Cement NewsHungary’s Competition Office (GVH) on Monday said it launched procedures against six cement companies in the capital on suspicion of cartel activity. GVH launched the procedures against Betonpartner Magyarorszag Kereskedelmi es Szolgaltato, Cemex Hungaria Epitoanyagok, DBK-Foldgep Epitesi, Frissbeton Betongyarto es Forgalmazo, Holcim Hungaria Cementipari and TBG Hungaria-Beton Befekteto, Gyarto es Forgalmazo. GVH carried out unannounced, on-site checks of some of the companies’ bases on Ju... |
US$110m contract awarded to renovate cement factory, Iraq21 June 2011, Published under Cement NewsIraq has awarded Turkey’s Partner Teknik a contract to renovate a cement factory as part of plans to rehabilitate its dilapidated state industries after years of wars and sanctions, the government said on Monday. Adel Karim, a deputy minister of industry and minerals, said the factory in Samawa, 230km south of Baghdad, was set up in the 1980s and designed to produce 2Mta of cement. It currently only produces 20 per cent of that. The Turkish company, which has an Iraqi partner, needs to s... |
HeidelbergCement’s Tanzania unit may close plant on protests21 June 2011, Published under Cement NewsHeidelbergCement’s Tanzanian unit may close its Wazo Hill plant unless the government removes 952 people illegally occupying its premises, the Dar es Salaam-based Guardian reported, citing Sam Mapande, the company’s lawyer. The squatters refused to move until the government pays them compensation following a dispute over ownership of the land, the newspaper said. In 2008, a domestic court ruled that the company is the owner of the land and the government promised to relocate the villagers, ... |
Egyptian demand seen rising at CAGR of 5.5% to 201521 June 2011, Published under Cement NewsCement consumption in Egypt is set to grow at a Compound Annual Growth Rate (CAGR) of 5.5 per cent between 2010-15 according to forecasts by Cairo Financial Holdings (CFH). Despite the current disruption in economic activity and its negative consequences on the cement sector on the short-term, CFH believe that Egypt’s cement sector long-term outlook is positive, driven by the massive investments required in the field of infrastructure and society development projects, where the country rema... |
Iran to add 9.5Mt of capacity by year-end20 June 2011, Published under Cement NewsSome 9.5Mt will be added to Iran’s cement production capacity by the end of the current Iranian calendar year (March 20, 2012). Iran’s current annual cement output capacity stands at 72Mt, IRNA reported. The United States Geological Surveys (USGS) in its new annual report titled “Mineral Commodity Summaries 2011” stated that in 2010 Iran’s cement production rose 5Mt (9%) and reached to 55Mt. Iran’s cement production in 2009 was 50Mt. There are 57 active cement production units in Ira... |
Holcim Cesko reports 1% 2010 sales drop, Czech Republic20 June 2011, Published under Cement NewsHolcim Cesko registered a one per cent fall in sales to Kc1.96bn (EUR81m) last year from Kc2.1bn seen in 2009, according to data CTK has and to what weekly Euro writes in its Monday issue. Last year can be labelled as the year of the double crisis, said board chairman Patrick Stapfer. Holcim was affected by cuts in state investments in infrastructure projects and public investments in general. The company expected to rebound from the bottom after the less successful year 2009, but this did... |