Cement News tagged under: international
Taiwan Cement positive outlook for 201110 March 2011, Published under Cement NewsWith annual sales breaking the NT$100bn mark last year, Taiwan Cement Corp, Taiwan`s leading cement producer, predicted its sales to hit a historic high record with improved earnings in 2011. Taiwan Cement chairman Leslie Koo said his company saw conspicuous sales growth in the first two months of this year and the cement industry in China is the most promising ever seen in history. Koo noted Taiwan Cement Group will see annual cement production capacity exceed 60Mt in both Taiwan and C... |
PCA: ‘overregulation will cut jobs & increase imports’10 March 2011, Published under Cement NewsTestifying today before the US House Committee on Oversight and Government Regulations Reform, Aris Papadopoulos, CEO of Titan America and chair of the Portland Cement Association (PCA), called for Congress to take immediate action to end the unprecedented regulatory assault against the cement industry that puts millions of American jobs in jeopardy. Led by Rep. Jim Jordan (R-OH), chair of the Subcommittee on Regulatory Affairs, Stimulus Oversight and Government Spending, the hearings so... |
Pakistan earmarks plans for a Tajikistan plant10 March 2011, Published under Cement NewsA Pakistani enterprise plans to establish first cement plant in Tajikistan as a joint venture project, according to Chairman Board of Investment (BoI), Saleem Mandviwalla, in his address to the Business Forum of entrepreneurs of Pakistan and Tajikistan. The President of Republic of Tajikistan, Emomali Rahmon, was also present. He said the bilateral trade was already underway, however, there was need for industrial cooperation between the two countries and the cement factory was one step ... |
Conch to invest CNY10bn in expansion, China10 March 2011, Published under Cement NewsAnhui Conch Cement, the largest cement producer in China, plans to invest CNY10bn (US$1.5bn) this year to upgrade technology, undertake mergers and acquisitions and reduce emissions, reports China Business News, citing company chairman Guo Wensan. Conch Cement achieved market leadership through capacity expansion in the Yangtze River Delta and the Pearl River Delta regions, the two most important markets in China, during the period of the 11th Five-Year Plan. During the same period, the co... |
Mbeya’s new and improved packaging, Tanzania09 March 2011, Published under Cement NewsThe manufacturers and distributors of Tembo Cement, Mbeya Cement Company limited (MCC), has changed the look of its cement bags by adding the Lafarge logo. The new bag with green and brown colours has hits the local market for the first time this week. The MCC general manager Mbuvi Ngunze said in a statement yesterday that the new Tembo Cement bag is also improved to reduce leakages. Lafarge Company is the world’s leading manufacturer of building materials, specializing in production of ... |
Pakistan February sales down 9%09 March 2011, Published under Cement NewsDomestic Pakistan cement sales were 1.78Mt in February, registering a decline of 9.32 per cent while exports were 0.71Mt which was a 25.39 per cent rise compared January 2011. A spokesman of All Pakistan Cement Manufacturers Association (APCMA) said that during the first eight months of current fiscal domestic cement sales were 13.79Mt, down by 8.49 per cent while exports were 5.90Mt, a fall of 14.81 per cent. Total cement sales for the period from July 2010 to February 2011 were 19.699Mt, ... |
NSSF to sell stake in Bamburi, Kenya09 March 2011, Published under Cement NewsKenya’s National Social Security Fund (NSSF) is set to dispose of its 14 per cent stake in leading domestic cement maker Bamburi because of a dim outlook for the stock, Business Daily reported on Wednesday. "NSSF ... said it was cutting back its shares at the firm arguing that the rising competition in the sector was likely to hurt Bamburi’s growth and share price outlook at the Nairobi Stock Exchange," the daily said. Bamburi, which is majority held by Lafarge, posted a 21 per cent drop i... |
Angolan government to set quotas for cement imports09 March 2011, Published under Cement NewsCement imports in Angola will have legally set limits the secretary of state for Industry, Kiala Gabriel said cited by state daily newspaper, Jornal de Angola. Noting that the government had set up a cement commission that was preparing a legal diploma to regulate import quotas, the secretary of state said: “this is not exactly protection of domestic production, because the market is for all economic agents, but will allow national production to also serve as a source of raw materials and... |
Nigeria: Lafarge Wapco enhances logistics system with new trucks08 March 2011, Published under Cement NewsLafarge Cement WAPCO Nigeria Plc has enhanced its logistics project with the planned acquisition of over 1000 state-of-the-art trucks. The company announced the project at its Ewekoro plant where 75 brand new Mark trucks were commissioned by Omooba Gbenga Osinowo, the Ogun state commissioner for commerce and industry. The managing director and CEO of Lafarge WAPCO, Mr Samy Abdelkader said: "Our newly acquired trucks will improve the efficiency and effectiveness of our company’s logistics ne... |
Angola: Nova Cimangola to produce 1.8Mt of cement as of April08 March 2011, Published under Cement NewsAngolan cement company Nova Cimangola is set to produce, as of April, 1.8Mta of cement, as compared to current production of 1.2Mt, said Angola’s secretary of state for Industry, Kiala Ngone Gabriel Friday in Luanda. "The new grinding unit that the company is building will start operating soon, which will make it possible to increase production,” said the secretary of state at the end of a visit to the company. The US$22m grinding unit uses equipment purchased from Austria and Germany. Mr ... |