Cement News tagged under: international
Vinacomin affiliate puts plant into operation, Vietnam26 January 2011, Published under Cement NewsTan Quang Cement JSC, an affiliate of Vietnam National Coal-Mineral Industries Group (Vinacomin) has put into operation its VND1.5trn (US$76.92m) cement plant in the northern province of Tuyen Quang on Jan 25. The plant, located in Trang Dang commune, has clinker capacity of 2500tpd, the state-run Vietnam News Agency said late Tuesday. |
Uganda cement prices yet to stabilise26 January 2011, Published under Cement NewsThe retail prices of cement, which abruptly shot up in late last year, are not yet stable. The price rose from UGS23,000 to UGS26,500 per bag (US$10 to US$11.5) in December last year, but has not moved to the original status though steadily reducing. Dealers attribute the situation to the weakening of the shilling against the dollar among other market forces. The current price ranges between UGS23,500 and UGS24,500 per bag in some city centre and suburb outlets. Cement prices were ... |
Pakistan optimistic on 2011 prospects26 January 2011, Published under Cement NewsThe Pakistan cement industry is quite optimistic that 2011 will be more prosperous for the industry as new export markets/orders are being explored in East Africa, Middle East, Asia and the Far East. Local dispatches are expected to rise on post-flood reconstruction activity coupled with surging cement prices in the domestic market. In addition, total Pakistan capacity is set to increase from 42.4Mt of clinker and 44.68Mt of cement to 44.56Mt and 46.95Mt respectively due to the addition of... |
Raysut sees sharp drop in sales, Oman26 January 2011, Published under Cement NewsRaysut Cement’s fourth quarter profit fell 62 per cent on a sharp drop in sales, missing analysts expectations. Net profit for the Oman’s largest cement producer by market value dropped to OMR1.7m in the fourth quarter, according to Reuters calculations. It had profit of OMR4.5m in the prior-year period. Analysts had forecast average profit of OMR4.99m in the quarter, according to a Reuters poll. Raysut had full year net profit of OMR20.7m, it said in a statement on Wednesday. Reuters ca... |
Ghacem claims unfair competition??, Ghana25 January 2011, Published under Cement NewsGhana is said to be losing substantial sums of customs revenues due to the practice of allowing imported bagged cement from neighbouring Nigeria, at unfair low taxes, claims senior executives from Ghacem the country’s leading cement producer. Ghacem notes that some companies believed to be operating in Nigeria bring in finished cement evading taxes and indulging in unfair competition with local cement manufacturers who are taxed at the manufacturing stage of production. Managing Directo... |
Ha Tien 1 to build road to Phu Huu ICT port, Vietnam25 January 2011, Published under Cement NewsHa Tien 1 Cement Joint Stock Company will start construction of a 2.6km road leading to Phu Huu ICT General Port in Ho Chi Minh City’s District nine next month, according to the city Department of Transport. Bui Xuan Cuong, deputy director of the department, said in a document sent to the city government early last week that the 30m wide road connecting the port and Nguyen Duy Trinh Street in District 2 would need total capital of some VND460bn (US$23.59m). Cuong petitioned the city govern... |
China Prosperity’s Chaodong Cement capacity at 4.8Mt25 January 2011, Published under Cement NewsProsperity Minerals Holding reports that associate company, Anhui Chaodong Cement’s second 2Mta has been commissioned and commenced commercial production in January 2011. Prosperity International said it has been informed by its 51.64 per cent-owned subsidiary Prosperity Minerals Holdings Limited (PMHL) that Anhui Chaodong Cement Co., Lt. (ACC), a 33.06 per cent-owned associate company of PMHL, has been awarded the "The Excellent Foreign Investment Enterprise of 2010" by China Association o... |
Foundation stone laid for new Hidalgo plant, Mexico25 January 2011, Published under Cement NewsMexican company Trituradora y Procesadora de Materiales Santa Anita has begun construction of a 600,000tpa cement plant in the state of Hidalgo. Governor Miguel Angel Osorio Chong of Hidalgo was present during a ceremony to mark the laying of a foundation stone. The new plant will be situated in Santiago de Anaya in the Mezquital Valley region of Hidalgo. The plant is expected to begin production in October 2012. |
Indian companies may rise prices by INR10/bag24 January 2011, Published under Cement NewsIndia’s cement companies may raise prices by INR10 per 50kg bag in the western part of the country, owing to a shortage of railway wagons, said a dealer Monday. The hike will likely to take effect February 1, a dealer in Mumbai, who didn’t want to be identified, told Dow Jones Newswires. "This is a seasonal shortage [of wagons] that impacts the supply of cement in most parts of the country at the same time," the dealer said. Cement supply shortages are a common feature during the winte... |
SAIL unit to start production in March, India24 January 2011, Published under Cement NewsBokaro Jaypee Cement Limited (BJCL), a joint venture company of Steel Authority of India Limited (SAIL), Bokaro Steel Plant (BSL) and Jaypee Associates Limited (JAL) has proposed to start its production from the new cement plant by March at Bokaro Steel City. With 2.1Mt production capacity and an estimated cost of INR405 crore, the BJCL would produce cement using the slag generated by BSL’s blast furnaces. "We are ready with our setup and hope that the production will begin by March this ye... |