Cement News tagged under: international
INC seeks approval to increase cement prices, Paraguay17 June 2011, Published under Cement NewsParaguay’s National Cement Industry (INC) has put forward a plan to officially increase cement prices from PGY35,000 to 42,500 per bag (US$8.7 to US$10.7), before the Ministry of Industry and Commerce (MIC). According to president of INC, Edgar Acosta, who recently met with Minister Francisco Rivas, while the state cement company is independent and autonomous as a public company, he and his team prefer to work with the support of the MIC. Among other subjects discussed, Mr Acosta said t... |
Dyckerhoff enhancing Ukraine operations17 June 2011, Published under Cement NewsDyckerhoff (Ukraine), will invest EUR3m in installing a new separator for the two cement mills at Volyn Cement. The company said it was the biggest investment for 2011 and work began earlier this year and will be completed in April 2012, said director genera of Dyckerhoff Ukraine, Paolo Selano. In addition, the company expects to invest EUR2m in renovating its kiln line No 2 at Yugcement. This project is scheduled for completion by the end of the year, Mr Zelano said. He also noted tha... |
Saudi Aramco responds to complaints on cement fuel shortage17 June 2011, Published under Cement NewsThe Sub-National Committee of Cement Companies of the Council of Saudi Chambers warned of a new crisis facing the cement industry due to fuel shortages experienced by companies in the Kingdom, Yalla Finance reports. Saudi Aramco defended the amount of fuel it allocates to cement companies in the Kingdom, stating that the fuel allocated to these companies is enough to increase the production capacity of cement by 16 per cent. The company said the cement companies’ didn’t exploit available fu... |
Euroconstruct: slower construction recovery expected17 June 2011, Published under Cement NewsThe recovery in European construction output is expected to be slower than had previously forecast, Euroconstruct said on Friday. The market research firm said a recovery was under way but cautioned that it expected construction output in the 19 European countries it monitors to fall by 0.4 per cent in 2011 compared to the 0.1 per cent drop it had forecast in December. This follows a provisional 3.7 per cent slump in 2010. For 2012, Euroconstruct said it forecast a 1.3 per cent rise in c... |
Wonder Cement looks to launch its brand nationally17 June 2011, Published under Cement NewsRajasthan-based Wonder Cement, is looking for a a creative partner and has called for a pitch that includes six creative agencies – of which, three are local agencies based in Rajasthan, besides Ignite Mudra, Cheil Worldwide and the Percept Hakuhodo-promoted IBD. Sources say the company is looking for an appropriate look as it plans to launch the cement brand on a national scale. |
China prices up 13.6% YoY16 June 2011, Published under Cement NewsAcross China, the price of ordinary Portland cement (OPC) 42.5 grew 13.6 per cent YoY to CNY420/t (US$65) in the first five months of 2011, of which the price in eastern China posted the highest growth rate of 44.9 per cent, according to Digital Cement. Cement production nationwide volume grew 19 per cent last month. According to China’s National Bureau of Statistics, investment in the real estate industry – one of the main drivers of the domestic cement sector – grew 34.6 per cent YoY to... |
BGC examines offshore cement capacity options16 June 2011, Published under Cement NewsAustralian construction giant, BGC is in the early stages of developing offshore cement production capacity as it looks to offset the risks of manufacturing in Australia amid rising costs, notably the potential for a carbon tax. BGC founder Len Buckeridge said he already had agreement from the relevant authorities to develop a US$650m plant in Indonesia.. Mr Buckeridge said the cost of cement and clinker was expected to rise sharply under the proposed carbon tax because big amounts of ener... |
Holcim Inc announces price increases, USA16 June 2011, Published under Cement NewsHolcim (US) Inc announced today that the company will increase cement prices effective August 1, 2011. The price increase is due primarily to burgeoning energy and operating costs, in addition to costs associated with anticipated environmental regulations. "Like many companies, Holcim has undertaken several cost reduction projects over the past few years and has successfully increased efficiencies in many areas," said Bernard Terver, president and chief executive officer of Holcim (US) I... |
Iraq approves new cement factory16 June 2011, Published under Cement NewsIraq’s cabinet has approved the construction of a cement factory in southern Iraq, a government official said. The factory will be built in Diwaniya province, 150km south of Baghdad, and will cover an area of about 185 acres, according to a statement from the office of government spokesman Ali Al-Dabbagh. The contract was awarded to a joint venture group consisting of an Iraqi company and an Italian firm, the statement said. Officials declined to give further details. “(The cabinet) ha... |
National Cement announces expansion plans, Kenya16 June 2011, Published under Cement NewsNational Cement, a subsidiary of Devki Group, has revealed plans to increase its production by the end of next year. The firm has announced plans to invest an additional KES13bn (US$145m) to expand production capacity to 2.5Mta, from the current 400,000t. The investment is likely to heighten competition in the sector that has already seen older players cede more than 10 per cent market share to new entrants since January last year. President Kibaki who presided over the commissioning of it... |