Cement News tagged under: international
Taiheiyo to start burning disaster debris at Ofunato plant, Japan14 June 2011, Published under Cement NewsTaiheiyo Cement Corp. said Monday it will start incinerating debris left by the March 11 earthquake and tsunami in two cities in Iwate Prefecture at its plant in Ofunato next week as part of efforts to reconstruct the cities devastated by the disasters. Japan’s largest cement producer will burn debris mainly from collapsed houses scattered around the cities of Ofunato and Rikuzentakata from June 22 using its Kiln No 5, which is located on higher ground and avoided damage. The company halte... |
Bahrain ‘meeting cement requirements’14 June 2011, Published under Cement NewsBahrain is supplying the local construction market with 6750tpd of cement to meet its growing needs, and reports of a shortage in the kingdom were exaggerated, said a senior government official. Of this, 4,750tpd is imported while the remaining is produced locally, an Industry and Commerce Ministry spokesman said. "Weekly cement supplies average 33,000t, about 3,000t more than requirement," he added. He was responding to reports claiming that Bahrain is hit by cement shortage. He describe... |
Holcim Croatia new appointments14 June 2011, Published under Cement NewsFollowing the retirement of Jadranko Garilović in June of former member of the Board of Holcim Croatia, the company has made some new appointments. Nenad Juretic, director of sales of cement and logistics is a new board member. Meanwhile, Virna Višković Agušaj has become the new technical director and a member of the management team. |
Dangote outlines African expansion14 June 2011, Published under Cement NewsThe Dangote Group has recently shed light on its cement projects in Africa, from Senegal to Gabon, through Cameroon and Cote d’Ivoire, countries in which it intends to invest no less than US$2.5bn. Dangote Cement, has announced plans to invest in a broad plan of cement across the continent within three years. Starting next year, Dangote Cement should have built and operated a cement plant with a capacity of 1.5Mt in Senegal, and a grinding unit of 1Mt in Cameroon. In early 2013, the gro... |
Steppe Cement looks for 7% market growth this year14 June 2011, Published under Cement NewsSteppe Cement is expecting the Kazakh cement market to improve by around 7% this year to about 6.1Mt. This is after a 12% increase last year to 5.7Mt. Imports were reduced further in 2010 to some 20% of consumption. Average cement prices were relatively stable last year at about US$54/t ex. factory and US$63/t delivered. Last year, Steppe Cement increased cement sales by 24.3% to 1.17Mt and in the first quarter of this year volume was ahead by 5.6% in a static market, helped by improved ex... |
Ndola lime ordered to shut down plant, Zambia13 June 2011, Published under Cement NewsThe Zambia Environment Management Agency (ZEMA) has directed Ndola Lime Company to shut down its plant which is releasing dust emissions higher than the legal limits. ZEMA northern region manager Patson Zulu said in Ndola yesterday that his organisation, which is formerly known as the Environmental Council of Zambia, directed Ndola Lime to shut down its plant following the suspension of the licence for the kiln which was releasing excessive dust emissions polluting the environment. "The co... |
Shiva revises expansion investment, India13 June 2011, Published under Cement NewsIndia’s Rourkela-based Shiva Cement on Friday said the cost of its proposed brownfield expansion has been revised upwards by nearly 52 per cent to INR248 crore (US$55.6m). "...The Project Co-ordination Committee (authorised by the Board) has approved revision of project cost from INR163.5 crore to INR248 crore in view of revision in the expanded capacity up to 1Mta," the company said in a filing to the Bombay Stock Exchange (BSE). Earlier, Shiva Cement had said that it has received environm... |
Lafarge Cement bond issue increases dividend prospects, Nigeria13 June 2011, Published under Cement NewsAnalysts at Meristem Securities Limited, an investment banking firm, have said that the proposed NGN45bn (US$290m) bond issue by Lafarge Cement WAPCO Nigeria Plc to refinance its medium-term loan (MTL), will enhance the dividend payment ability of the cement firm. A NGN45.27bn multi-currency syndicated MTL comprising US$114.5m and NGN27.9bn with tenor of 45 months and 60 months respectively was obtained by the company in 2008 to finance its expansion project called Lakatabu. Due to a morat... |
Lafarge inaugurates distribution centre, UAE13 June 2011, Published under Cement NewsLafarge Emirates Cement inaugurates its first distribution centre in the region, in cooperation with Al Saeed AL Zaabi General Trading. The new centre In Mussaffah Industrial Area in Abu Dhabi was inaugurated by Antoine Duclaux, CEO of Lafarge Emirates Cement in the presence of many strategic partners. Mr. Antoine Duclaux, CEO, Lafarge Emirates Cement said, "The new showroom of 250 / 350 square meter located in Mussaffah Industrial Area is a big achievement as per Lafarge strategic plan to... |
HeidelbergCement sees price correction, India13 June 2011, Published under Cement NewsAshish Guha, MD of HeidelbergCement has said that with the onset of monsoon there has been correction in prices in various parts of the country in a recent interview with CNBC-TV18. The company is expecting the correction to be in the range of INR5-10 a bag in most regions. Heidelberg has a bigger presence in the central India and their capacity utilisation in that region is about 100%. However, the company expects the realisation in Central India to decline in coming quarter. He elabo... |