Cement News tagged under: international
China Resources Cement to buy three lines in Shanxi26 May 2011, Published under Cement NewsChina Resources Cement Holdings Ltd, a leading cement producer in Southern China, announced yesterday that it plans to buy three cement production lines for CNY280m (US$43m) in Shanxi Province in North China, sources reported. One of the lines is currently in operation and has a capacity of 370,000tpa of cement. The other two are under construction with a designed capacity of 1.55Mt each. They are expected to be put into operation in 2012 and 2013. |
Rate of global demand appears to have slowed in April26 May 2011, Published under Cement NewsData on cement demand in April is currently available for 11 of the 19 countries where Jefferies track monthly shipments data. It increased in April in all eight of the emerging markets, but the growth rate slowed in five of these countries. Demand in developed markets was generally weaker in April 2011 than in April 2010, but this was partly because there was one less working day this year. Growth slows in developed countries. The weaker demand in Western Europe in April was mainly caused ... |
HeidelbergCement sees capacity build-up, India26 May 2011, Published under Cement NewsIn an interview with the Economic Times (ET) of India, Ashish Guha, CEO & MD of HeidelbergCement India talked about talks about company’s financial health and prospect. Excerpts of the interview are below: ET: Cement volumes on March-April were strong for large cement makers, how much have dispatches grown for you in this period? Do you expect more importantly the trend to continue in the demand scenario? Ashish Guha: For us, dispatches have not grown because we are flat out. So whate... |
Lafarge net profit rises, Nigeria25 May 2011, Published under Cement NewsLafarge Cement WAPCO Nigeria has recorded a net profit after tax of NGN4.88bn (US$31m) for the year ended December 31, 2010. The cement company the sum of NGN750.4m to its as dividend payouts to its shareholders as dividend payout for last year, representing an increase of 150% on the dividend paid on 2009 result. Its turnover dropped by 3.8% compared to 2009 due to the prolonged wet rainy season, rise in inflation rate by 9.8% in 2009 to 11.8% in 2010, significant increase in prices of pe... |
Asia Cement to benefit from rising China prices25 May 2011, Published under Cement NewsUBS Securities said Tuesday that rising product prices in China are expected to boost the bottom line of Asia Cement Corp., one of Taiwan’s leading cement producers. According to UBS, cement prices in Sichuan Province, where Asia Cement has production facilities, rose eight per cent in April from March on an improving pricing discipline and expectations of a power shortage from June. The price hike in April came after a 13 per cent rise in the average selling price enjoyed by Asia Ceme... |
PT Semen Tonasa plant on track for year-end completion25 May 2011, Published under Cement NewsIndonesia’s PT Semen Tonasa’s new cement plant in Pangkep, South Sulawesi, will be completed by the end of this year and start production in January 2012, a senior official has said. "Let us hope completion would be this year, operation in January 2011, and commercialization in February 2012," President Director of PT Semen Tonasa HM Sattar Saba said when receiving South Sulawesi Governor Syahrul Yasin Limpo along with high officials of the South Sulawesi administration at the Tonasa Semen ... |
Recent order for Loesche25 May 2011, Published under Cement NewsOn 9 February, 2011, Askale Cimento Sanayii T.A.S. negotiated with Loesche regarding a CRM and a Coal Mill for a new brown field 3500tpd clinker production line at VAN in the Eastern part of Turkey, close to the Iranian border. To execute the project, Askale Cimento has contracted the consortium Terbay-Aybars Is Ortakligi (TeAy) to built the new line. In this project TeAy is taking care of the purchase of all components. At the same time, they ensure that the interfaces between those are c... |
Pakistan cement exporters identify India’s non-tariff barriers25 May 2011, Published under Cement NewsPakistan cement exporters have identified various non-tariff barriers erected by the Indian authorities that deny them fair opportunity to exploit the actual potential of the Indian markets, according to the copies of TDAP questionnaires available with The News on Wednesday. The non-tariff barriers include delays in granting certification from the Bureau of Indian Standards, restriction on cement exports via train and trucks, and the cumbersome process of obtaining marketing permits in Ind... |
Beni Suef Cement begins second lie25 May 2011, Published under Cement NewsMisr Beni Suef Cement commenced operating its second production line with a capacity of 4500-5000tpd, according to a recent note from Cairo Financial Holding Services. |
ARC distributers backs government decision, Jamaica24 May 2011, Published under Cement NewsCement distributors ARC Systems have thrown their support behind Commerce Minister Karl Samuda’s decision to require a licence to import cement into the island despite the fact that it imports all its cement from the Dominican Republic (DR). ARC is the largest importer of cement in Jamaica and imports all its cement from the DR, the country currently involved in a stand-off with the Jamaican government over what Samuda characterised as a "classic case of the application of non-tariff barrie... |