Cement News tagged under: international
Chinese steel and cement output to rise as power limits ease26 November 2010, Published under Cement NewsChina International Capital Corp said China production of steel and cement will increase next year, weighing on prices as power supplies are restored, according to a Bloomberg report. Mr Luo Wei an analyst with China International Capital Corp said: “The capacity that has been idled because of power limits will resume operation in January and may cause a drop in prices of the building materials.” Mysteel Research Institute said provinces including Hebei, Shandong and Zhejiang restricte... |
Pakistan to construct cement factory in Tajikistan26 November 2010, Published under Cement NewsTajikistan President Emomali Rahmon met with the visiting Pakistani Prime Minister Yusuf Rizo Geloni who arrived in Dushanbe to take part in a regular session of the Council of heads of governments of the Shanghai Cooperation Organization member states due in Dushanbe on 25 November. The sides have discussed issues of bilateral and multilateral cooperation between the two countries, Tajikistan President’s press service told the AP. President Rahmon noted that Tajik-Pakistani relations have... |
South Africa: cement sales data resume after ban26 November 2010, Published under Cement NewsThe publication of cement and concrete sales statistics, which were banned by the Competition Commission when it launched an investigation into anti-competitive practices in the cement industry, are to resume. Bryan Perrie, the managing director of the Cement & Concrete Institute (C&CI), confirmed on Wednesday that the C&CI would resume publication of the statistics. But, on instruction from the commission, only one national domestic monthly figure would be distributed. Perrie said all prod... |
Loma Negra to invest US$80m to increase production capacity26 November 2010, Published under Cement NewsArgentine cement producer Loma Negra will invest US$80m this year to expand its local production capacity, local paper El Cronista reported. Representatives of the firm, which is controlled by Brazil’s Camargo Correa group, met with Argentine president Cristina Fernandez on 24 November to discuss their plans. The company will invest US$40m to increase productivity at its Catamarca plant by 45 per cent. Also included is the construction of a new US$28m mill at the firm’s L’Amali plant in Bu... |
Portugal’s Cimpor to invest €240m in Brazil by 201326 November 2010, Published under Cement NewsPortuguese cement maker Cimentos de Portugal SA, or Cimpor, said Thursday it will invest €240m in Brazil by 2013 to increase its annual cement production capacity in the South American country to 8.8Mt from 6.5Mt. In a presentation sent to the Portuguese stock market regulator, the company said it will invest €160m in a new facility in the Brazilian state of Paraiba, which will have a cement production capacity of 1.45Mta. And it will use €80m to boost its production capacity at its Cezarin... |
South west African markets in the spotlight26 November 2010, Published under Cement NewsNewbuild activity in Namibia and Angola is top of this week’s news agenda, with Germany’s Schwenk group set to see completion of its new 0.7Mta integrated Ohorongo works in early 2011. Located in Otavi, northern Namibia, the plant is likely to dominate Namibia’s domestic markets, with sales worth about 400,000tpa, and the balance for export. However, the company has yet to develop any sizeable export facilities in Walvis Bay, the main port and at a distance of over 500km from the plant site.... |
Algeria state-owned cement production rises26 November 2010, Published under Cement NewsAlgerian cement production by government-owned plants grew by 7% at the end of October 2010, officials said Thursday at Groupe industriel des ciments d’Algérie (Gica). State-owned cement companies produced 10Mt between Jan-October 2010, compared to 9.47Mt in the same period of 2009. With total production of 11.5Mta, the public sector covers 67% of national output, while the rest is provided by the private sector. Capacity expansions have been undertaken at the cement plants of Chlef (Ou... |
Montezuma cement plant inaugurated, Mexico26 November 2010, Published under Cement NewsGov. Fidel Herrera Beltran on Saturday inaugurated Cementos Montezuma’s cement plant in the municipality of Apazapan, Veracruz. According to El Golfo, the plant had an investment of US$265m and will cater for markets in the centre and south of the country. Cementos Moctezuma, Apazapan plant plans to produce 1.23Mt of cement. |
China prices soar due to energy cuts26 November 2010, Published under Cement NewsCement prices in China have risen to record highs as curbs on electricity supplies by local governments affect output. The production disruption, despite being temporary, has seen the average price of cement reached CNY400/t (US$60/t). In some regions such as the east of the country, prices have rocketed to CNY500/t (US$75/t). The east is reported to have seen overall price increases of some 40% since August. To achieve energy-saving targets for the 11th Five-Year Plan (2006-2010), Zheji... |
Kenyan producer to double capacity25 November 2010, Published under Cement NewsAthi River Mining, Kenya’s third-largest cement maker, will double its cement production capacity in early 2011, after it upgrades an existing plant and builds a new one, Chief Executive Officer Pradeep Paunrana reports. The company is upgrading its Kaloleni production plant in the coastal city of Mombasa and building a new cement facility in Athi River, 35km from the capital, Nairobi, he said. “The upgrading and construction work is about to be finished, and we expect to raise our daily p... |