Cement News tagged under: international
Yanbu Cement to double production capacity in 201116 February 2011, Published under Cement NewsYanbu Cement Co. said a new production line will start operations in the third-quarter, doubling output capacity at Saudi Arabia’s fifth largest clinker maker. The new line, the fifth, will increase Yanbu Cement’s annual production capacity by 3.6Mt to 7Mt, said general manager Saud Saleh Islam in an interview with Bloomberg. Saudi Arabia, the largest Arab economy, is increasing cement production to cope with a real estate boom and demand in infrastructure projects. |
China’s cement demand to hit 2.1bn tons this year15 February 2011, Published under Cement NewsChina is likely to continue a strong demand for cement in 2010, which may grow 12% year on year to nearly 2.1bnt this year, said Xiangzhong Kong, secretary-general of the China Cement Association. Kong said that the Chinese government’s increase in investment in water projects will be a new driver for the cement consumption. In late January, the Chinese government announced plans to double its annual investment in water projects to CNY4trn over the next ten years. Last year, China produc... |
Eastern Province Cement Yemeni subsidiary to hike capital15 February 2011, Published under Cement NewsSaudi cement producer Eastern Province Cement Company (EPC) that it would allocate US$15m to participate in the capital hike of its Yemen-based subsidiary, Saudi Yemeni Cement Co Ltd, to US$150m. EPC currently owns 30% in the Yemeni firm. After the capital hike, its stake will be worth US$45m, up from US$30m. The ownership structure and ratio will be preserved and EPC’s stake will remain at 30%. |
Attorney general back EPA cement plant rules, USA15 February 2011, Published under Cement NewsAttorneys general from five states are urging House leaders to uphold Environmental Protection Agency rules to limit mercury and other pollution from cement plants and rebuff legislative efforts to undo them. New York Attorney General Eric Schneiderman and counterparts from Connecticut, Delaware, Maryland, and Massachusetts, who in 2007 sued the EPA challenging old emission standards, say requiring the plants to install state-of-the-art pollution controls from American suppliers will cost U... |
India Cements says Indonesia mine buy delayed15 February 2011, Published under Cement NewsIndia Cements, the South-based cement major which had initially planned to start mining from its Indonesian coal mine by May 2010 is still awaiting environmental clearances from the government there. N Srinivasan, chairman and managing director of the company said in the conference call, "We are waiting for some forest clearances which will take 6-8 weeks more. It will be definitely beyond June." The company had announced the acquisition of the Indonesian mine in October 2009 and has since... |
Russia’s Mordovcement says 2010 cement output up 13%14 February 2011, Published under Cement NewsMordovcement, one of Russia’s largest cement producers, increased its cement output 13% in 2010 to 3.76Mt, the company said on Friday. "We sold 3.75Mt of cement, a 14.5% growth comparing with 2009. We also sold 70,600t of cement clinker to Belarus," the company said. |
Burundi plant begins cement production14 February 2011, Published under Cement NewsBurundi Cement Company (BUCECO) has begun production at its 0.1Mta factory in the northern province of Chibitoke. Burundians have been importing all their cement from their East African Community (EAC) neighbours (Uganda, Kenya and Tanzania). The production of cement in this tiny land-locked east African country will provide a cheaper source of cement . According to Managing director, Aime Mananda, a 50kg bag of cement made in Burundi will be sold at about 19,000 Burundian francs (US$19)... |
Tonasa to build new packing plant, Indonesia14 February 2011, Published under Cement NewsIndonesian cement company PT Semen Tonasa plans to build a cement packing plant with a packing capacity of 600,000pta of cement in Jayapura this year. Semen Tonasa, the largest cement producer in eastern Indonesia with factory in South Sulawesi, plans the project to save distribution cost, said Sattar Taba, the president of the subsidiary of state cement maker PT Semen Gresik. With the packing plant in Jayapura the company could save up to 40 per cent of distribution cost, a major element ... |
Dominican Republic demand up 5% in 201014 February 2011, Published under Cement NewsDomestic demand in the Dominican Republic increased last year by 5%, from a total of 2.8Mt in 2009 to a little over 3Mt in 2010. This figure was influenced by increased public investment during the election period of the first half of the year, where cement demand grew approximately 12% over the same period last year. However, consumption slowed in the second half of 2010, ending the period with a growth of 5%. The companies that make up the Dominican Association of Cement Producers rate... |
JK Cement targets 18% increase in turnover, India14 February 2011, Published under Cement NewsJK Cement Ltd, one of the leading cement manufacturers in the country, has set a turnover target of around INR20bn (US$439m) the current financial year. This would be a growth of 17.64 per cent over INR17bn crore which the company had actually achieved in 2009-10. Addressing media persons here, M P Rawal, president, JK Cement Ltd said, " The growth in turnover will come on the back of the company’s new greenfield cement plant which has been set up at Muddapur village in Karnataka which has... |