Cement News tagged under: international
Hanson to install GIS system for transport fleet, Australia24 May 2011, Published under Cement NewsHanson has appointed data mapping and location intelligence specialist Esri Australia to develop and implement a geographic information system (GIS) to manage its transport fleet internationally. For the past decade, Esri Australia has partnered with Hanson Australia to deliver GIS solutions that provide input into its advanced fleet allocation processes, reducing costs and time spent on the road, and increasing fuel efficiencies across Hanson’s 1,000-strong Australian metropolitan fleet. ... |
Sino-Zimbabwe firm plans to establish new plant24 May 2011, Published under Cement NewsChinese firm, Sino-Zimbabwe, plans to establish a cement plant in the Nyanda mountain range, along the Masvingo-Beitbridge Highway, Zimbabwe. The decsion to set up the new plant follows the discovery of a large deposit of limestone in the Nyanda mountain range, about 15km southeast of Masvingo. Masvingo Mayor Alderman Femius Chakabuda yesterday confirmed the deal with the Chinese investor and said it was subject to council’s ability to provide water for the plant. The plant’s potential cap... |
TCC Group to see net profit margin grow 10%24 May 2011, Published under Cement NewsThanks to the cement price hike in China, TCC International Holding Co, part of the TCC Group, expects net profit margin increase by 10% and shipments grow 40% in the second quarter of this year. TCC International is expected to ship 10Mt of cement in the second quarter of this year, hitting a historic high. Domestic cement price will go up by 10% to between NT$2000 and NT$2,300/t (US$69 and US$79) by the end of this year. Institutional investors believed TCC Group, Taiwan’s largest produce... |
Bangladesh cement prices rise24 May 2011, Published under Cement NewsOver the last couple of weeks, the price of cement in Bangladesh has risen by BDT20-40/bag (US$0.3-0.5), depending on the brand. The rise is being attributed to rising raw material costs. "We have increased the price by only BDT5.0/bag of cement following the rise in the import costs of fly-ash and clinkers prices, said Jakir Hossain, Marketing Executive (Corporate Sales) of Lafarge-Surma Cement. He also said higher transportation cost have contributed to the rise in cement prices. Cement... |
Credit Suisse downgrades Taiheiyo, Japan24 May 2011, Published under Cement NewsTaiheiyo Cement Corp. Japan’s largest cement maker saw its stocks decline by 1.9 per cent after Credit Suisse Group AG cut its rating on the company. Taiheiyo’s rating has been downgraded to Underperform from Neutral. |
India Cements loses land claim24 May 2011, Published under Cement NewsThe state government has deferred allotment of 127 acres to cement major India Cements in Kadapa district in spite of the company being in possession of the land for more than two decades. The state Cabinet which met on Tuesday took a decision in this regard at the instance of the Chief Minister, Mr N. Kiran Kumar Reddy. While the allotment in a way was a mere formality as the company has been in possession of the said land for over 20 years, it met with stiff resistance from the health mi... |
Union puts Cement Australia on notice24 May 2011, Published under Cement NewsCement Australia has been put on notice by the Australian Workers Union (AWU) to clean up its act after another safety incident where two workers were almost injured. The incident occurred in late March at Cement Australia’s Fisherman’s Landing wharf where the spout of a ship loader came apart and fell to the ground narrowly missing workers. AWU Gladstone organiser Zac Beers said Cement Australia put production before safety. “It’s clear through this incident, that has occurred repeatedly... |
Green light for Cemtech cement works, Kenya23 May 2011, Published under Cement NewsAfter being blocked by red tape for several months, the Indian group Sanghi hopes soon to be able to start construction of its Pokot cement factory in Kenya. No progress has been made in the construction of the factory since Prime Minister Raila Odinga laid the foundation stone in an official ceremony about nine months ago. The block had been instigated by the Kerio Valley Development Authority (KVDA) which had called, for its part, for other investors, such as the Mehta Group, to build a ... |
Cementos Portland chairman becomes president of Oficemen23 May 2011, Published under Cement NewsSpanish association of cement producers Oficemen has named president the chairman of cement producer Cementos Portland Valderrivas, Dieter Kiefer. Kiefer will replace Joaquin Estrada, former general director of Cemex Espana, the Spanish unit of Mexico-based cement group Cemex, Oficemen said in a statement. The chairman of Cementos Portland has been a manager of UBS. |
Caribbean Cement Company seven-year low, Jamaica23 May 2011, Published under Cement NewsCaribbean Cement Company Limited (CCCL), despite its best performance to date on export sales, this week reported one of its worst years of operation in which cement supplied to the market hit a seven-year low and its operating losses climbed above J$2 billion. Tax credits reduced the net loss to J$1.56 billion, or -J$1.83 per share, a result that was 10 times worse than the loss of J$144.5 million, or negative 17 cents per share, of 2009. That result, some of it due to higher production c... |