Cement News tagged under: international
Industry: Holcim Vietnam speeds up US$28m waste heat-to-power project08 March 2011, Published under Cement NewsHolcim Cement Co Ltd Vietnam is speeding up preparations for construction of a waste heat-to-power plant in the Mekong Delta province of Kien Giang. "The plant will cost US$28m, including US$10m used for maintenance," Gerhard Schutz, Holcim’s general director, said. The facility in Kien Luong district is slated for operation in August 2012. The 6.3-MW plant will utilise waste heat discharged from the Hon Chong cement mill as input materials to generate 44m kWh of electricity a year. Elect... |
DR Congo: Lafarge forecasts increased sales08 March 2011, Published under Cement NewsLafarge Cement Plc says increasing local and regional construction activity in the Democratic Republic of Congo is likely to improve the company’s performance after lower cement volumes slowed its profits by 23% last year. Company Secretary Harriet Kapekel said there was moderate growth in domestic demand, with a decline in the first six months which reversed in the second half of the year. Kapekele said regional demand continued to be strong and the Democratic Republic of Congo remained th... |
China Cement Association Predicts 12% growth in 201108 March 2011, Published under Cement NewsWith the world’s second largest and fastest growing economy, China’s construction and development is expected to continue to skyrocket this year. Reports from the China Cement Association (CCA) confirm this, predicting strong cement demand for the remainder of the year. The CCA, in a mid-February report, said the country’s demand for cement may climb 12% YoY to nearly 2.1bnt in 2011. The association pointed to the Chinese government’s heightened financial investment in water projects as a n... |
Kenya: cement share prices hold firm on rising demand07 March 2011, Published under Cement NewsImproving prospects for cement manufacturers and increased cement demand in East Africa have pushed stocks of listed Kenyan cement producers to a new high. East and Central African countries are pumping billions of dollars into upgrading their infrastructure and raising cement demand in the process, which could still edge higher as the continent’s newest nation Southern Sudan begins reconstruction following a successful secession referendum. The total East African cement capacity, includin... |
Cement industry expects staggering growth in India07 March 2011, Published under Cement NewsAccording to RNCOS’ recent research report “Indian Cement Industry Forecast to 2012”, the cement industry in India has emerged as a potential investment hub for international cement giants during the past few years. Even in the wake of economic slowdown, the industry sustained its blistering demand-supply pace and posted positive YoY growth during 2009-10. In view of housing sector developments and along with massive infrastructure projects, cement consumption is expected to advance at 10.6%... |
Angola: cement import to respect law07 March 2011, Published under Cement NewsImporting cement to Angola, in the coming days, will be subject to limits enshrined in the law, on Friday said the Secretary of State for Industry, Kiala Gabriel, the Angolan press agency ANGOP learnt. Speaking to the press at the end of a visit to Nova Cimangola cement factory, he said the government has created a cement commission that has been drafting a diploma that will regulate importing quotas. Kiala Gabriel visited the factory in the company of the Secretary of State for Geology an... |
Lao Cement Co facing coal shortages07 March 2011, Published under Cement NewsThe Lao Cement Company, owner of the Kathing cement brand, is facing a coal shortage while market demand for its products is increasing, according to director of the Lao Cement Factory No 2, Mr Vanthong Sitthikoun. "Presently, our market needs at least 2Mt of cement. This excludes the demand for building hydropower plants as 20 of them are under construction and for the development of high speed railway from China to Laos," Vanthong said. He also said that there were six cement factories i... |
Vietnam Cong Thanh Cement starts 600-MW power plant in central province07 March 2011, Published under Cement NewsCong Thanh Joint Stock Company has begun construction of a 600MW coal-fired power plant in the central province of Thanh Hoa in the presence of Vietnamese deputy prime minister Hoang Trung Hai. The two-turbine plant will be developed in two phases with VND8trn (US$383.5m) earmarked for the first stage and VND5trn (US$239.7m) for the second phase. The facility will be located on a 63ha area at the Nghi Son Economic Zone in Tinh Gia district. GE Energy will provide consultancy and design ser... |
Dangote’s Ibeshe Cement plant to be inaugurated in June07 March 2011, Published under Cement NewsTo help bring down the soaring cement price before year’s end, the Dangote Group, which owns Ibeshe Cement plant in Ogun State, has hinted that the plant will be ready for commissioning in June. Deputy director (projects) in charge of the plant, Ved Prakash Sarkari, made the comment last week while showing media executives around the facility. The cost of the entire plant, including the power plant, according to Prakash, is NGN93bn (US$620m). The plant has two kiln lines with each producin... |
Ohorongo cement now available04 March 2011, Published under Cement NewsThe first product from Ohorongo Cement plant located at Otavi, Namibia is already on the market. Currently, only two cement grades are on the shelves – 32.5 and 42.5. The cement reached the markets a few weeks after President Hifikepunye Pohamba switched on the plant’s machinery on February 3. The company says that the interruption of the railroad link to South Africa due to heavy rains of early mid-February proved that Ohorongo Cement has the “ability to supply Namibia with cement”. Tran... |