Cement News tagged under: international
VINACOM wants higher coal prices25 November 2010, Published under Cement NewsThe Vietnam Coal and Mineral Industries Group (Vinacomin) has submitted a proposal to the Government to increase coal prices for the country’s four largest coal consumers as of early next year. In the wake of an instruction from the Prime Minister and the Ministry of Finance, coal prices sold to power, cement, fertiliser and paper producers will increase to gradually match market price levels. Under the proposal, producers of cement, fertiliser and paper will have to pay prices that are ... |
Tartous Cement produces1.2Mt of cement25 November 2010, Published under Cement NewsSyria: Tartous Company for Manufacturing Cement & Building Materials has produced 1.277Mt of cement since the beginning of 2010 with a value of SYP 4.742bn (1US$= 46 SYP) with an output rate of 109 per cent in comparison with 1.155Mt in 2009 with a value of SYP3.967bn with production increasing by 11 per cent. In a report on its production and promotion plan, the Company indicated that during the first ten months of the current year its production of clinker was estimated at 1.177Mt, whil... |
India’s growth potential boosts cement outlook25 November 2010, Published under Cement NewsIndian infrastructure is poised for huge growth in the coming decade particularly with the 12th–Five year Plan and new investments in the nation’s cement sector now includes: Madras Cements Ltd is planning to invest US$178.4m to increase the manufacturing capacity of its Ariyalur plant in Tamil Nadu to 4.5Mt from 2.0Mt by April 2011. Surya Group plans to invest US$873.3m in a new 5Mta cement plan to be set up in Gujarat. My Home Industries Limited (MHI), a 50:50 joint venture (JV) betwee... |
China: cement output set for further gains25 November 2010, Published under Cement NewsChina’s production of steel and cement will increase next year, weighing on prices, as power supplies are restored, China International Capital Corp has said. “Some 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, Luo Wei, an analyst with China International Capital Corp, said. Provinces including Hebei, Shandong and Zhejiang restricted power to plants from September to meet energy-usage targets... |
China: building for people not profit24 November 2010, Published under Cement NewsImproving urban planning and enhancing supervision of the construction industry are desperately needed in China. Statistics show that complaints about the quality of housing increased from 37.1 per cent in 2008 to 52.5 per cent in 2009. The repeated reports about serious quality problems with some newly built residential buildings reinforce concerns that the nation’s housing is of poor quality. Qiu Baoxing, vice-minister of housing and urban-rural development, has said on several occasion... |
IFC invests in Alexandria Portland Cement to support Egyptian projects24 November 2010, Published under Cement NewsInternational Fianance Corporation (IFC), a member of the World Bank Group, has invested €80m in the equity of Alexandria Portland Cement Company (APCC), a subsidiary of the Greek cement manufacturer Titan Group, to support the company’s expansion plans and the development of housing and infrastructure projects in Egypt. IFC’s equity investment in Alexandria Development Limited (ADL), a Titan holding company, will give IFC a 15.2 per cent stake in APCC through ADL. Dimitris Tsitsiragos, IF... |
High public spending boosts Saudi cement demand24 November 2010, Published under Cement NewsCement consumption in Kingdom to exceed 36Mt in 2010. A surge in capital expenditure as part of high public spending prompted by the global fiscal crisis has kept cement demand in Saudi Arabia strong, with sales swelling by over 13 per cent in the first nine months of 2010. Forecasts by National Commercial Bank (NCB) showed cement sales in the world’s dominant oil power and largest Arab economy would surpass 36Mt through 2010, driven by a construction upswing. In a study sent to Emirates 2... |
DG Khan mulls over PKR10bn Sri Lanka investment24 November 2010, Published under Cement NewsPakistan’s one of the largest cement producers, DG Khan Cement Ltd (DGKCL) said today it still considering to invest about PKR10bn (US$117.68m) in setting up a 2Mta cement plant in collaboration with the Sri Lanka government, to export cement in South Asia. A DGKCL official told CemNet that the company is waiting for the Sri Lankan government’s letter of interest, which was earlier sought and then canceled due to local elections. Last year, the Ministry of Industrial Development as called ... |
Port Qasim cement export terminal closer to realisation24 November 2010, Published under Cement NewsQasim Authority Chairman Vice Admiral (R) Muhammad Shafi and CEO of Pakistan International Bulk Terminal (PIBT), Sharique A Siddiqui, signed an ’Implementation Agreement’ earlier this month to build a fully-automated coal, cement and clinker terminal (CCCT) at Port Qasim. The terminal will be established on a build-operate-transfer (BOT) basis for a period of 30 years. The initial project expenditure of US$140m will be disbursed in two phases. The first phase will enable the terminal to ha... |
Paraguay: clinker production restarted at the factory of the INC Vallemí23 November 2010, Published under Cement NewsParaguay’s National Cement Industry (INC) resumed clinker production, last Sunday . The kiln, located in the state factory Vallemí was paralysed for a week because of an overheating of the kiln shell. Until yesterday afternoon, the kiln had not yet reached the capacity of 2000tpd, but had reached 1800tpd. This was reported to our newspaper by plant technician Jose Benitez. He explained that the temperature of the shell was in normal condition "so far." But he warned that the operati... |