Cement News tagged under: international
Siam City proceeds with Cambodia plant14 February 2011, Published under Cement NewsSiam City Cement Plc (SCCC) is proceeding with plans for a cement plant in Cambodia, brushing aside concerns about the border clashes. Managing director Philippe Arto said the Cambodian plant with annual capacity of one million tonnes was highly likely to be operational within five years. Thailand’s second-largest cement maker has joined with a Cambodian partner to study the market potential and select a site, with the final decision expected within six months. SCCC is the leader in the Ca... |
Djibouti cement project receives loan14 February 2011, Published under Cement NewsExport-Import Bank of India (Exim Bank) has extended a Line of Credit (LoC) of US$14m as additional amount to the government of Djibouti for completing a cement plant project in Djibouti. It has earlier extended two LoCs of US$10m each to finance a cement plant project in Djibouti. Exim Bank will reimburse 100 per cent of contract value to the Indian exporter, upfront upon the shipment of goods/provision of services. |
Nigerian cement dealers concerned over prices14 February 2011, Published under Cement NewsCement dealers in Abuja have decried the scarcity and high cost of the product in the country. Mr Obinna Uzor, a dealer at the Mararaba Building Materials Market, Nasarawa State, bordering Abuja, told the News Agency of Nigeria (NAN) on Sunday that the problem had a negative multiplier effect on the economy. According to him, many cement industries, especially Dangote, are operating below full capacity due to the scarcity of black oil to power industrial machinery. “You know that the dema... |
India calls for uniform rate of excise duty13 February 2011, Published under Cement NewsThe Indian cement industry, which is currently facing a slowdown in domestic demand, has put forwarded its various demands in its Pre Budget Memorandum to the finance ministry to help it sustain a healthy growth. The sector has demanded uniform rate of excise duty be levied on cement. Furthermore, while there is no duty on cement import, all the three inputs – coal, petcoke and gypsum attract 5% import duty. Another demand of the industry is that it wants rationalisation of stamp duties ... |
Suez Cement resumes distribution activities, Egypt11 February 2011, Published under Cement NewsSuez Cement Group, a unit of Italcementi, has announced it has resumed as of 5 February 2011, delivery all its cement products at all its factories in Suez, Qattamiya, Helwan, Tora & Menia. |
FG poised to replicate backward integration policy, Nigeria11 February 2011, Published under Cement NewsThe Federal Government of Nigeria is poised to replicate backward integration policy in the cement sub-sector across other sectors of manufacturing industry in the country. Cement manufacturers have also ignited the country’s hope to become self-sufficient in cement production and to be a net exporter of the product by 2013. The Minister of Commerce and Industry, Senator Jubril Martins-Kuye, while receiving Monitoring Committee Report on the Implementation of Backward Integration Policy in... |
Lafarge Jordan attributes losses to unfair competition11 February 2011, Published under Cement NewsJordan Lafarge Cement Factories Company on Wednesday said the losses it incurred last year, which stood at JD953,000 (US$1.36m) compared to net profits of JD45.7m generated in 2009, is due to the "unfair" competition in the cement industry in Jordan. In a statement, the company attributed the decline in sales to the fact that new companies have entered the local market as these firms import the clinker from countries that subsidise the material, the Jordan News Agency, Petra, reported. Ear... |
Buzzi Unicem USA adds to Mississippi River Distribution Chain11 February 2011, Published under Cement NewsBuzzi Unicem USA announced the acquisition of a 30,000t cement storage dome and distribution terminal from Ozinga Bros., Inc. The latest addition to its extensive river-based terminal network is located at 450 Railroad Street in Joliet, Ill. Buzzi Unicem USA will immediately begin shipping Type-I/II low-alkali cement by barge from the company’s newly expanded plant in Festus, Mo. The Joliet terminal allows the company to significantly expand distribution in Illinois. Buzzi Unicem US... |
Mozambique to introduce price controls11 February 2011, Published under Cement NewsMozambique’s government plans to impose price controls on cement produced by Cimentos de Mocambique, the largest cement factory in the country and a unit of Cimpor, state run Agencia de Informacao de Mocambique said. The company sells a 50kg bag of cement for US$8, while resellers almost double the price on the local market, the Maputo-based news agency said, citing Steffen Kasa, chairman of the company’s executive committee. Cimentos de Mocambique’s three cement plants produced 960,000t o... |
US shipments offer mixed signals11 February 2011, Published under Cement NewsUS Geological Survey preliminary cement shipment data for December 2010 indicate stronger than expected volumes, being 8% up on December 2009 – shipments increasing in Michigan, South Carolina and Texas but declining in California and Florida – and said to be partly due to weather effects – for example, the South Eastern part of the US was unusually cold in December 2010, and the South Western part was unusually wet. US Geological Survey preliminary estimates indicate that US cement shipme... |