Cement News tagged under: international
Chinese cement stocks advance on demand outlook30 November 2010, Published under Cement NewsAnhui Conch Cement Co paced gains among Chinese cement makers on speculation demand for the building material will increase at the same time as energy curbs reduce production, driving up prices. Anhui Conch, China’s biggest cement maker, advanced 5.8 percent to 24.64 yuan at the 3 p.m. close in Shanghai trading, the biggest gain since Aug. 30. Gansu Qilianshan Cement Group Co. climbed 4.1 percent to 17.28 yuan, while Tangshan Jidong Cement Co. surged 8.4 percent to 21.07 yuan in Shenzhen. ... |
Lafarge plans to increase Iraq capacity by 2Mt30 November 2010, Published under Cement NewsLafarge plans to increase its capacity in Iraq by 2Mta by 2013 as the country rebuilds homes and infrastructure destroyed by war, reports Bloomberg. Lafarge currently has capacity of 6Mta across three plants and is producing 4Mt, or 25 per cent of Iraq’s cement, Marcel Cobuz, chief executive officer for Iraq, said in an interview in Amman. “Now the demand in Iraq is constantly growing,” he said. The unit had more than 10 pe rcent growth last year and “a little bit less this year,” he said... |
New order for Wartsila from Al Badia Cement, Syria29 November 2010, Published under Cement NewsWartsila has received an operations and maintenance, or O&M, contract from the Al Badia Cement JSC for its captive power plant. The plant is located within the company’s cement factory grounds in the Abu Al Shamat area, in Syria. The contract is valid for three years. The power plant will be the sole source of electrical supply to this new cement works facility, and is currently in the process of being commissioned for operation. It is powered by five Wartsila 20V32 and one Wartsila 9L32 g... |
ABB turns waste heat into clean energy29 November 2010, Published under Cement NewsABB and Holcim Switzerland have agreed to install ABB’s newly developed heat recovery and electrical power production system at their cement plant in Untervaz, Switzerland. ABB’s state-of-the-art solution is based on the ORC (Organic Rankine Cycle) technology that enables turning exhaust gas heat into clean electricity. Thanks to the re-use of wasted heat as operating power, no fossil energy is required to run the power plant. Consequently, Holcim’s Untervaz operation will be able to consid... |
China Resources Cement embarks on expansion course29 November 2010, Published under Cement NewsCalls to curb the massive loan growth on the mainland are not stopping China Resources Cement Holdings from doubling production capacity. The state-owned firm’s plant in Fengkai, Guangdong, started operation last year. Its annual production capacity is 4Mt, which would double to 8Mt in January, s aid the company’s strategic development director By 2012, the plant would have an annual production capacity of 12Mt of cement, 9.3Mt of clinker and 4Mt of concrete, he said. Currently, the la... |
Cost cuts help Japan producers improve earnings29 November 2010, Published under Cement NewsTaiheiyo Cement Corp and Sumitomo Osaka Cement Co are enjoying improved earnings in their domestic cement segments this fiscal year, thanks to streamlining efforts. Taiheiyo Cement’s operating profit in this segment is expected to jump 190% on the year to JPY7.6bn for the term ending March 2011, while Sumitomo Osaka Cement’s figure is seen at JPY3.4bn, up 24%. Taiheiyo Cement estimates its cost reductions at JPY10.6bn this fiscal year. It halted production at three plants in the first half... |
November record month for Cemex, prices to rise, Poland29 November 2010, Published under Cement NewsNovember will be a record month in terms of sales for Cemex Polska. Already in October YoY sales growth amounted to 20 per cent. According to Cemex representatives, this situation will inevitably lead to cement price rises, mainly due to increasing demand. "The years 2011-2012 will be very good, with funding available for many infrastructural projects," says Cemex Polska President Ricardo Naya. At the same time, there are other factors that will result in cement price rises next year. "The ... |
LSR Group launches a new cement plant, Russia29 November 2010, Published under Cement NewsRussia’s LSR Group has announced the launch of a new cement plant in Slantsy, Leningrad region. The plant has a cement production capacity 1.86Mt of cement. The total amount of investment into the project is EUR445m. The location of the plant in the town of Slantsy, 175 km away from St. Petersburg. The inauguration ceremony was attended by: Valery Serdyukov, Governor of the Leningrad region, Andrey Molchanov, Senator of the Leningrad region in the Council of Federation of the Federal Assemb... |
Ha Tien 1 cement plant begins operation, Vietnam29 November 2010, Published under Cement NewsHa Tien 1 Cement Joint Stock Company (HT1) started operating a cement plant worth VND5.4trn (US$276.92m) in the southern province of Binh Phuoc on November 26. Binh Phuoc cement plant covering 78ha in Thanh Luong commune, Binh Long district has an annual capacity of 1.8Mt of clinker and 1.3Mt of cement, the Tuoi tre newspaper reported. HT1, completing the acquisition of Ha Tien 2 Cement JSC (HT2) in July, now has a registered capital of VND1.98trn, ranking among 50 biggest stocks on the lo... |
How long can French cement prices stay out of line???29 November 2010, Published under Cement NewsFrench cement prices have a tradition of being among the highest in Europe, if not the highest. Now at in excess of €100/t, the prices seem to take little account of the falling demand and, in fact, prices have risen by almost €10/t over the past two years, while national consumption has fallen by some 20 per cent over the same period. In some border areas, ready-mixed concrete deliveries have for some time been ordered from batching plants in, for example Belgium or Germany. As the pr... |