Cement News tagged under: international
Companies comment on Egyptian operations08 February 2011, Published under Cement NewsFirms in Egypt have started to resume operations for the first time in a week. Suez Cement, the country’s largest listed cement company said it had resumed shipments of cement stocks that had been suspended by political protests. Suez, a subsidiary of Italcementi, which supplies roughly a quarter of Egypt’s grey cement and 42 percent of its white cement, resumed operations in all its factories as of Saturday. Lafarge announced it has also resumed its cement production and dispatch activiti... |
Venezuela pledges to increase cement production08 February 2011, Published under Cement NewsMinister Ricardo Menéndez said that after the nationalisation of cement companies the government has initiated a process to increase production by 1Mt in 2011. The government said it has initiated a process for operational cost savings, reduced bureaucracy and improved production capacity. Similarly, he said to the government has finalised and developed new investments which target cement production of 10Mt in two years. |
Lafarge Cement dissolves its wholly-owned subsidiary07 February 2011, Published under Cement NewsOAO LafargeCement (the Moscow region) informed that it had dissolved its wholly-owned subsidiary - Chernomorskiy Cement OOO, the company said in an official statement. |
Tokyo Cement poised for better growth, Sri Lanka07 February 2011, Published under Cement NewsRAM Ratings Lanka, which has assigned long and short-term corporate credit ratings of A and P2 to Tokyo Cement Company (Tokyo) respectively, said this week that the company is poised to benefit from more construction activity in the country’s eastern region. Though the group is exposed to the inherent cyclicality of the construction sector, which is the biggest consumer of cement, the long-term outlook for the construction industry is positive, RAM said in a rating statement. The industry ... |
Philippines promotes the use of blended cements07 February 2011, Published under Cement NewsLocal cement producers are promoting the use of blended cement as an attractive option for basic construction material to strengthen or enhance most major infrastructure projects in the country. The move is also seen as an answer to the strong consumption of cement in the past two years especially last year (2010) which posted the highest annual cement consumption for the country. This is the first time that the previous highest annual demand recorded in 1997 has been exceeded. Ernesto M. ... |
Peru production seen rising 16.1%07 February 2011, Published under Cement NewsPeruvian cement production is expected to have risen 16.1 per cent to 8.4Mt and in 2011 is forecast to rise 11.6 per cent to 9.4Mt. Domestic consumption is seen ahead by some 17.4 per cent last year and is forecast to rise 12.3 per cent this year. Imports, excluding clinker, rose 125.2 per cent in 2010 to 322,200t. 2011 growth will be driven by the buoyant construction sector thanks to the execution of major construction and housing projects, road infrastructure, mining, commercial cent... |
Gresik sets out production targets to 2015, Indonesia07 February 2011, Published under Cement NewsSemen Gresik , Indonesia’s largest cement maker by output, aims to boost cement production to 30Mta by 2015, from 20Mt currently, president director Dwi Sutjipto said on Monday. The firm plans to build two factories, on Sumatra and Java islands, costing roughly US$350m each, to achieve the target, he told reporters. |
Dyckerhoff reports modest overall improvement07 February 2011, Published under Cement NewsThe Buzzi Unicem subsidiary Dyckerhoff’s turnover recovered by 3.2% to €1413m in 2010, having dropped by 30.9% in 2009. Capital expenditure in 2010 was reduced by 33.0% to €181m, as major investment projects were completed and others have been deferred. Dyckerhoff group cement deliveries recovered by 5.2% to 13.9Mt and the aggregates volume by 7.3% to 5.73Mt, while ready-mixed concrete improved by 7.9% to 6.62Mm³. Volumes were ahead in all countries other than the Czech Republic, Slovakia ... |
SAVACEM workers/management dispute resolved, Ghana07 February 2011, Published under Cement NewsHon. Salisu Be-Awuribe, the District Chief Executive for Central Gonja in the northern region has resolved a long standing impasse between management and staff of the Savannah Cement Company Limited (SAVACEM) operating in Buipe. The workers numbering about 300 who have been up in arms against the management of SAVACEM laid down their tools on January 11, 2011 in protest against poor conditions of service. The aggrieved workers demanded an upward adjustment of their daily wages from GHC 3... |
La Unión to sell cement to Congo, plans entry into Brazil07 February 2011, Published under Cement NewsSpanish-based producer, Cementos La Unión, which has plants in Egypt, Chile and the Dominican Republic has bought a silo in the Congo, Africa, to introduce there some of their its generated in Spain and plans a grinding unit in the country. With a fall in consumption by nearly half in the Spanish market in recent years, external markets have become a priority for the group Cementos La Unión. The company is now seeking of ways to dispose of its surplus volumes from its Ribarroja plant (Val... |