Cement News tagged under: international
USA October shipments up 14% YoY05 January 2011, Published under Cement NewsTotal shipments of Portland and blended cement in the United States and Puerto Rico for October 2010 were 7Mt. This was 14% higher than shipments in October 2009. Year-to-date shipments through October were 60.1 Mt, down slightly from those of the same period in 2009. The leading producing States (Texas, Missouri, California, Michigan, and Pennsylvania, in descending order) shipped 41% of the October total. The leading consuming States (Texas, California, Florida, Illinois, and Ohio, in desc... |
Iran to build cement factory in Tajikistan05 January 2011, Published under Cement NewsTehran plans to invest US$500m in the construction of a cement factory in Tajikistan, a source at Iran’s embassy in Dushanbe announced on Wednesday, reports the Fars News Agency. "A seven-member delegation of the Islamic Republic of Iran’s economic experts, including legal experts, investors and technical experts of Lian Kavan Kania company, are in the Republic of Tajikistan to find out Tajikistan’s cement production potentials and capacities," Abbas Bayani, an economic expert at Iran’s emb... |
Maharashtra prices rise, North may follow suit, India04 January 2011, Published under Cement NewsCement prices in Maharashtra have been increased by INR10 per 50kg bag (US$0.2) in the wake of a spike in demand. Industry officials feel that the rise in price would soon be reflected in the Northern market though similar chances are remote in Southern and Eastern markets. "Cement prices in Mumbai and Maharashtra have increased by an average of INR10 per bag... The Northern region may follow suit soon, but it has not effected any hike," an industry official told PTI. Cement price in the r... |
Prism resumes production at Satna unit, India04 January 2011, Published under Cement NewsPrism Cement Ltd. has resumed production of clinker in Unit-II at Satna which had been temporarily suspended due to an accident in the blending silo. |
Turkish competition board to probe cement firms04 January 2011, Published under Cement NewsThe Turkish Competition Authority said on Tuesday it had launched an investigation into 10 cement companies related to market activities in eastern Turkey. The 10 companies included the listed firms Adana Cimento, Cimsa and Mardin Cimento. Source: Reuters |
ACC’s November sales rise 2% to 1.92Mt04 January 2011, Published under Cement NewsACC Ltd today reported a marginal two per cent rise in December sales to 1.92Mt from 1.88Mt in the same month last year. Production of the company, in which Holcim holds the majority stake, also increased to 1.91Mtin the last month of 2010 against 1.86Mt in December, 2009, ACC Ltd said in a statement. During 2010, total cement sales of the company, however, decreased to 21.17Mt from 21.36Mt during the entire 2009. Production also dipped to 21.21Mt from 21.38Mt in 2009. |
Andhra Pradesh to see significant capacity additions04 January 2011, Published under Cement NewsA little over 17Mt of fresh capacity will be added during 2010-11 in Andhra Pradesh alone, the largest cement market in the southern region, and also the State with the highest installed capacity in the region, reports the Business Line. This comes at a time when the State is going through a prolonged period of slump in cement demand. Of this, the Nalgonda cluster will account for close to 9Mt of fresh capacity, followed by the Yerraguntla (3.2Mt) and the Kurnool with (3Mt) clusters. The c... |
UAE: cement prices fall04 January 2011, Published under Cement NewsThe construction materials’ prices in Abu Dhabi showed a declining trend in November as cement, construction steel and wood rates fell as compared to a month ago. However, the prices of other building materials remained relatively stable, said Statistics Centre – Abu Dhabi (SCAD). In its report on the building materials’ prices, the centre said electrical cables, wires and PVC pipes recorded increase in prices during November. The centre attributed the downward trend in the building mate... |
Bid to prevent Bahrain cement price hike04 January 2011, Published under Cement NewsA call has gone out for the Commerce and Industry Ministry to prevent a 30 per cent increase in cement price in Bahrain. It followed a closed meeting held yesterday between Bahrain Chamber of Commerce and Industry (BCCI) chairman Dr Essam Fakhro and Commerce and Industry Minister Dr Hassan Fakhro. BCCI acting chief executive officer Khalid Al Murbati said since the ministry had the power to intervene and prevent such an unreasonable increase, it should do so and help contractors. ’This inc... |
Portland Cement to convert yen loans to dollars04 January 2011, Published under Cement NewsEast African Portland Cement Company (EAPCC) will next month swap its expensive yen-dominated loans for dollars and convert to a coal driven plant in efforts to cut cost and return to profitability in 2011. The cement-maker reported a loss of KES292m in the year to June, 2010, compared to a profit of KES1.8bn (US$22.22m) a year earlier, with the drop blamed on costs arising from exchange losses from the Japanese loan and high energy costs. EAPCC will swap its yen loans with dollar-dominate... |