Cement News tagged under: international
Atbara new line to be inaugurated, Sudan17 January 2011, Published under Cement NewsPresident of the Republic, Field Marshal Omar Hassan Albashir will inaugurate the fourth line of Atbara Cement factory on 25 January 2011. Atbara Cement factory General Director, Uz Hussien Abduljabar , announced to Suna that all preparations for the opening of the factory has been completed , and that the factory’s capacity is 6000tpd. |
Calls for railway line to reduce costs, Uganda17 January 2011, Published under Cement NewsA railway line would boost cement production and lower the cost , Mr Hussein Mansi the Chairman of the Lafarge group’s local operations has said. The comments were made at the commissioning of the a US$120m new Hima Cement factory extension on 8 January. He said the cost of transportation and energy continue to push the price of local cement up. "It costs five more times to transport a ton of cement in East Africa, compared to doing so in China and most of Asia," Mansi said. The Lafar... |
Oman Cement 2010 net profit rises17 January 2011, Published under Cement NewsOman Cement Company’s (OCC) profit edged up to RO24.50m (US$63.6m) in 2010, from RO24.23m achieved in 2009, thanks to a RO7.34m government compensation for keeping cement prices low in the last two years. The Sultanate of Oman’s second largest cement producer said total revenue fell from RO71.92m to RO62.52m, while expenditure moved down to RO34.85m from RO44.56m during the period. "Oman Cement net income came in at RO1.7m, down 77 per cent on a YoY basis and 62.5 per cent on a quarter-... |
Boral: bottom line to benefit from rebuilding, Australia17 January 2011, Published under Cement NewsBoral chief executive Mark Selway said he expected sales of building materials to increase in Queensland once reconstruction commenced. Macquarie Equities said that Queensland accounts for 28 per cent of Boral’s revenue. Other companies expected to benefit from reconstruction work include Brickworks, Adelaide Brighton and CSR. Adelaide Brighton has a joint venture with Boral in Queensland - Sunstate Cement. CSR sold its Sucrogen sugar operations in 2010. Profits of contract mining operators ... |
Indonesian sales exceed target17 January 2011, Published under Cement NewsCement sales in Indonesia totalled 40.7Mt in 2010, exceeding the 40Mt target set by the Indonesian Cement Association. Favourable macro economic indicators and stable bank interest rates contributed to strong sales in 2010, ASI chairman Urip Timuryono said. Timuryono noted that sales were dominated by property projects accounting for 60 per cent of the total sales of cement in the country with the infrastructure sector remaining a minor consumer. Sales to infrastructure project was low as ... |
Pakistan likely to be hit by rising coal costs17 January 2011, Published under Cement NewsThe Pakistan cement sector is likely to feel the heat of the soaring international prices of coal going forward, reports Business Dawn. Global coal prices continue to climb, already 34 per cent up since June last year. The two major reasons listed by market watchers were: Temporary supply shocks from Australia and a higher demand in China. ”Floods in Australia have somewhat caused a chaos in the world coal market”, says Farhan Bashir Khan, analyst at InvestCap. As the biggest exporter of ... |
Ukraine production down 0.4% YoY17 January 2011, Published under Cement NewsCement production in Ukraine fell 0.4% last year compared with 2009, to 9.5Mt. Ukrcement Executive Director Petro Lopatyev forecasted earlier that Ukrainian cement factories will be able to produce 10Mt of cement in 2011, which will be 11% up on the forecast for 2010 (9Mt). He also admitted next year’s forecast might change after the adoption of the national budget for 2011 and the Tax Code. |
South Africa: waiting for the upturn15 January 2011, Published under Cement NewsSouth Africa has reported a decline in sales for full-year 2010 as a continued slowdown in the construction industry and low levels of residential sector activity hamper demand. According to figures by the Cement & Concrete Institute (C&CI), consumption in 2010 amounted to 10.87Mt, down 7.8% YoY from 11.78Mt in 2009, when it decreased 13%. The current decline in consumption is mainly due to a depressed housing market, which has been the major contributor to demand in recent times. This ha... |
Sunstate Cement port of Brisbane site still open15 January 2011, Published under Cement NewsAustralia’s Sunstate Cement Ltd. has sufficient supplies to meet demand after the Brisbane flooding disaster, a person familiar with the situation said Friday. "Our plant at Fisherman Island has had some access issues but that plant is still open," said a person familiar with the situation. "It’s operating and as far as I’ve heard the raw material (clinker stock) is fine. There is some raw material we hope to get in over the next few days depending on access. Of course, as the Port remains ... |
Reliance Industries to foray into cement sector14 January 2011, Published under Cement NewsMukesh Ambani-led Reliance Industries will foray into cement sector. The company signed an agreement to invest in a 5Mt cement project that would come up in Kutch district of Gujarat. An MoU was signed during the two-day Vibrant Gujarat summit which also saw the junior Ambani announcing large investments in the cement sector. |