Cement News tagged under: international
CRH selects ABB’s Expert Optimizer for Ozarow02 May 2011, Published under Cement NewsPower and automation technology group, ABB, announced that CRH plc recently selected ABB’s award winning cpmPlus Expert Optimizer for installation at CRH’s Ozarow cement plant in Poland. CRH has a strong commitment to corporate social responsibility, and so continually seeks ways to reduce waste and improve resource use. Part of this commitment has led to installing Expert Optimizer at five other Western European CRH plants and Ozarow will be the sixth installation. At Ozarow, Expert Optim... |
Jammu & Kashmir Cement to open plant in Samba29 April 2011, Published under Cement NewsThe Jammu and Kashmir Government is setting up a cement plant with a capacity of 300tpd in Samba district of the state. Jammu and Kashmir Cements Ltd under its expansion plan has decided to open 300tpd capacity plant at Samba and the establishment of the proposed plant, estimated to cost Rs 26.96 crore, was approved at the 94th Board of Directors meeting chaired by the Minister for Industries and Commerce S S Salathia, an official statement issued here said. The Board of Directors after a... |
Raysut Cement shipping unit launches operations29 April 2011, Published under Cement NewsRaysut Cement’s shipping subsidiary, Raysea Navigation, has commenced commercial operations, Mohammed bin Alawi Ali Muqaibal, Chairman of the Board of Directors of the parent group, said in the quarterly report of the company’s financial performance for the quarter ending March 31, 2011. Meanwhile Raysut Cement posted an eight per cent decline in sales revenues, which dropped to RO 14.9 million during the three-month period ending March 31, 2011 against earnings of RO 16.3 million during th... |
Oman Cement sales and profits fall29 April 2011, Published under Cement NewsOman Cement Company recorded net income of OMR4.2m in 1Q11 as compared to OMR7.1m in the previous year. Decline in net income was resulted because of drop in the selling price & sales volume. Strong competition from neighboring UAE is hitting the companies quite adversely. Furthermore, the net income was lower because of losses reported on investment in held for trading securities (reports Global Investment House, Kuwait). The company reported 0.8% and 1.6% drop in production and sales volu... |
Pakistan to seek easier cement export route28 April 2011, Published under Cement NewsPakistan is likely to seek the removal of non-tariff barriers on its cement in India at the two-day trade meeting that started in Islamabad today. Indian authorities certify the quality of Pakistani cement every year and do not allow imports to come through road, which are considered as non-tariff barriers by Islamabad. “Cement is a major issue for Pakistan and it is likely to be pushed by Islamabad during the talks. We can expect some progress on the issue as we need cement for our rapid ... |
Goldman keeps ACC at Sell28 April 2011, Published under Cement NewsGoldman Sachs keeps ACC at Sell with a price target of INR934 as it believes that the company’s operating profit level per ton has peaked. "The pick up in cement prices since September 2010 has turned out to be much stronger than anticipated, driving the realisation and margin surprises (in the 1QCY11 results)," says the house. It adds, cement prices in east and central India are seeing some correction in recent weeks, while prices in other regions have peaked and may come off by June. Th... |
Holcim and council settle, New Zealand28 April 2011, Published under Cement NewsHolcim (New Zealand) Ltd and the Waitaki District Council have reached an agreement over changes being planned to the Waitaki district plan which could have affected proposals for a $400m cement plant near Weston. The council proposed two variations covering landscape and visual amenity and general indigenous vegetation clearance, parts of which could have affected Holcim’s plan for a cement plant and quarries in the Waiareka Valley. The plant and quarries already have resource consents fr... |
Zambezi Portland Cement’s profit share initiative, Zambia28 April 2011, Published under Cement NewsManagement of Zambezi Portland Cement (ZPC) in Zambia have agreed to share the benefits of increased production with its employees by giving them a total of ZMK100m (US$21,321). ZPC public relations manager Kelvin Sampa said the increase in production was despite a brief plant shut-down during this month to facilitate maintenance works. “The sum of K100 million was disbursed to the employees in this profit share initiative. In addition, management decided to award the employees a 30 percen... |
Titan shows signs of recovery in US market28 April 2011, Published under Cement NewsTitan Cement administration expects the confirmation of an assessment made by the US Portland Cement Association (PCA) for a sluggish recovery in the US building materials market. Last week, the association revised positively its forecasts for 2011-2013, referring to the increase of cement consumption by 2% (from 1.4%) in 2011, by 8.5% (from 4%) in 2012 and by 18.5% (from 16.9%) in 2013. PCA estimates upward course of growth for the next three years in the US, after a very difficult p... |
Cementos Argos reports strong first-quarter sales28 April 2011, Published under Cement NewsColombian-based producer Cementos Argos has posted strong first quarter 2011 results, registering record sales volumes for the period. Grey cement sales in Colombia for the first quarter of 2011 totaled 1.2Mt, 27% higher than over the same period last year. Similarly, the company also sold 587,000m3 of concrete, with an increase of 48% over the first three months of 2010. In the Caribbean it also made significant improvements in the first quarter. While the market for cement export from ... |