Cement News tagged under: international
Podilskiy Cement receives approval to buy Lvivskyi Beton, Ukraine24 January 2011, Published under Cement NewsThe Antimonopoly Committee of Ukraine granted permission to Podilskiy Cement, one of the three major producers of cement based in Kamyanets-Podilskyi, Khmelnytskyi region, to buy more than 50% of Lvivskyi Beton (Lviv), according to a statement made by the Committee. "Granted permission to the Podilskiy Cement open joint-stock company for acquisition of the authorised share capital of the Lvivskyi Beton limited liability company (Lviv), ensuring the buyer’s excess of 50% of votes in the issu... |
EAPC diversifies product range, Kenya24 January 2011, Published under Cement NewsEast African Portland Cement Company (EAPCC) will start making cement related products such as paving blocks and kerbs as it races to diversify in market that is in the throes of a price war and stiff competition. The firm will be targeting Kenya’s vibrant construction sector in a move that will put it in a head to head battle with rival Bamburi Cement, which serves the same market with its subsidiary Bamburi Special Products Ltd. This comes at a time when the sector is faced with stiff c... |
Demand, prices to boost India cement sales24 January 2011, Published under Cement NewsIndia’s top cement companies are likely to post a rise in sales in October-December, helped by higher prices of the building material and an uptick in demand. But the companies’ profitability will likely be hurt by higher costs. UltraTech Cement Ltd is expected to post a higher profit over a year earlier, helped by its merger with Samruddhi Cements, ACC and Ambuja Cements are to post a fall in net profit in the just-ended quarter, according to analysts. Significantly higher prices of coal,... |
Vicat’s latest downstream acquisition24 January 2011, Published under Cement NewsVicat has acquired the aggregates and concrete producer Louis Thiriet & Co. that is active in the Lorraine in eastern France. Louis Thiriet & Co. operates four pits and quarries and three ready-mixed concrete batching plants and has an annual turnover in the region of €19m. The annual aggregates production amounts to around 0.5Mt and the ready-mixed concrete volume is in the region of 100,000m³. Vicat is set to announce its turnover for 2010 on the 2nd of February and its full results o... |
Angola factory awaiting enviromental clearance24 January 2011, Published under Cement NewsThe start of construction of the Cimentos Palanca plant in Angola is now only awaiting licensing from the Environment Ministry, said board member Victor João of the Gema group, which is responsible for the project. Cited by Angolan news agency Angop, João (who was speaking at the presentation of the environmental impact study to the civil society of Benguela province) said that Gema group had all the material conditions in place to start the project. The plant, is to be built in th... |
Ethiopian authorities close two plants on low standard24 January 2011, Published under Cement NewsTwo small-sized Ethiopian cement plants operated by Huwaei Plc and Debresina Business Industries, respectively have been banned from manufacturing cement, after the Ethiopian Quality and Standards Authority (EQSA) found their products to be below standard. Both factories are to return the quality authentication seal given to them by the authority. This comes as a result of a surprise inspection the authority made on nine cement factories, in November 2010, according to Gashaw Tesfaye, acti... |
Dangote recognised for quality production, Nigeria21 January 2011, Published under Cement NewsThe Standards, Organisation of Nigeria (SON) presented three awards to Dangote Cement for quality production at its plants in Obajana, Apapa and Gboko. Director-General of SON, Dr John Ndanusa Akanya lauded the management of Dangote Cement for taking quality seriously, noting that the company has made the country proud with the high quality of its cement production. According to him: “By this achievement, Dangote Cement has thus joined the lofty class of occupational health and Safety/qua... |
Nepal sector affected by slowdown21 January 2011, Published under Cement NewsNepal is having to import around 40 per cent of cement requirements to meet domestic demand. "Some 29 already established big cement industries with installed capacity of around 12,700tpd can supply only around 60 per cent of the demand," said Jayandra Chudal, executive director of the Bishal Cement. Bishal Cement is a Rs 500-million close-circuit plant planning to start production by this April. Last year, when the country witnessed a construction boom, cement industry emerged as a new in... |
Thai demand expected to return to pre-recession levels21 January 2011, Published under Cement NewsThailand cement consumption is expected to grow by nearly 10% this year to return to pre-recession levels even though demand is likely to slow in the property sector, says Siam City Cement Plc (SCCC). Thailand’s second-largest cement manufacturer said construction of the Purple and Red mass-transit train lines would drive demand to increase in 2011 from about 25Mt last year. But speculation in the property sector, in which a large number of condominiums were built in 2010, will recede some... |
Israel’s Public Utilities Authority grants licenses21 January 2011, Published under Cement NewsIsrael’s Public Utilities Authority (Electricity) has granted three licenses for private power projects. One license is to Mashabfor for a 76MW cogeneration plant at its Nesher Cement plant in Ramle. The second is for independent power producer Delek Alon Tavor for a 55MW cogeneration plant at a site owned by Tnuva, Israel’s largest food company. The third license was granted to Tsomet Energyfor a plant of up to 360 MW at Kibbutz Netiv Halamed Hey in central Israel. All the plants would run... |