Cement News tagged under: international

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Lafarge intends to cut more debt

22 November 2010, Published under Cement News

Lafarge, the world’s biggest cement maker, is focused on improving profit and cutting debt in the next 18 months as it cuts investment and costs and steps up asset sales, Chief Financial Officer Jean-Jacques Gauthier said to reporters from Bloomberg. “Post-crisis” margins should be “even better” than pre-crisis margins because of cost cuts, the CFO said. He didn’t say when that “post-crisis” period would be reached. The company is trying to keep its investment-grade credit rating. Europe’s m...

Inteco to invest in construction of cement plant in Omsk

22 November 2010, Published under Cement News

Inteco, which belongs to Elena Baturina, has announced that it will participate in the construction of a cement plant in Omsk, according to a report from PMR Publications. The capacity of the new plant will be 9300tpd of cement. The construction of the Omsk cement plant will allow Inteco to increase its construction market share in the Siberian Federal District to 40-45%.

Vietnam forecast to use 54.5-56Mt of cement in 2011

21 November 2010, Published under Cement News

Vietnam’s cement consumption is forecast to increase to between 54.5Mt and 56Mt next year, compared to the country’s estimated sum of 49.5Mt and 50Mt in 2010, an official of the Ministry of Construction said. The ministry will instruct producers nationwide to ensure sufficient cement supplies and maintain stable prices of the products in 2011, Nguyen Tran Nam, MoC deputy minister was cited by local news sources.   Vietnam Cement Industry Corporation (Vicem) will be assigned to produce 19.5Mt...

Azerbaijan production down in 2010

21 November 2010, Published under Cement News

Azerbaijan produced 1.074Mt of cement in January-October 2010. This is a decrease of 3.4 per cent over January-October 2009.  In 2009, cement output in Azerbaijan totalled 1.28Mt, decreasing by 19.7 per cent over 2008. Garadagh Cement, a Holcim subsidiary, is the main producer of cement in Azerbaijan. Its production capacities cater for up to 1.4Mta of cement a year . The remainder of national demand is covered through imports. In 2007, cement production in Azerbaijan totalled a record 1.77...

ABB SpectraFlow analyser success at Oman’s Raysut Cement

21 November 2010, Published under Cement News

ABB has successfully installed and commissioned the first SpectraFlow raw material online analyser in the Gulf region. Together with RMP (Raw Mix Preparation) ABB has delivered and installed two state-of-the art technologies that help Oman’s Raysut Cement optimise its limestone blending. RMP is a software solution deployed in the Expert Optimizer’s platform, covering all stages of raw mix blending, from the quarry to grinding, ensuring that quality targets are reached at the lowest possible ...

India cement sales up 18% in October

19 November 2010, Published under Cement News

Domestic cement companies registered a sales growth in October, despite a lull in major infrastructure projects. The 275Mt industry witnessed a rise of 18.54 per cent in its sales volumes at 18.22Mt of cement. This is the highest since August last year, when the industry grew a little over 17.2 per cent. Generally, such high growth is recorded in the peak months when construction activities increase (January-March). Production, too, was on the rise to 18.75 per cent at 18.49Mt in October. ...

Cemex announces land donation, Colombia

19 November 2010, Published under Cement News

Cemex announced today the donation of 6000 acres of land to Chingaza National Natural Park in central Colombia. The land was previously an aggregates quarry which for 50 years contributed to the economic and social development of its neighbouring communities. The donation of the land to the country’s park service is the final step of the quarry’s restoration plan and an opportunity for Cemex to give back to the central Colombian community. “The decision to donate this land reflects Cemex’ ...

Shree sees upturn ahead, India

19 November 2010, Published under Cement News

HM Bangur, MD of Shree Cements in an interview on CNBC-TV18 said the cement industry was still expecting a good recovery. "From December we expect the market to grow better as the worst is behind us," he said. With the Indian economy poised to grow at 8-9%, he expects the cement industry to grow at the same rate. He sees Shree Cement’s volumes going up only by 2-3% due to the addition of new players in the cement space. He also sees margins for FY11 to be substantially lower on a year-on-y...

Romania’s Carpatcement Holding sales fall 12%

19 November 2010, Published under Cement News

Romanian cement producer Carpatcement Holding said the value of its sales dropped by 12% in the first nine months of 2010 while sales volume decreased by 10%-12%. Carpatcement Holding is a unit of Germany’s HeidelbergCement. The combined turnover of the German company’s three Romanian units - Carpatcement Holding, Carpat Beton and Carpat Agregate - is estimated to fall 10% in 2010, Carpatcement Holding’s spokesman Bogdan Arnautu told SeeNews. The three companies reported a combined turnov...

FLSmidth CEO sees emerging markets drive growth

19 November 2010, Published under Cement News

FLSmidth expects cement production in India, South America and Africa to rise further and demand in Europe and North America to remain lackluster, the Danish equipment supplier to the cement and mining industries said Thursday. "In North America and Europe ... we still see a very depressed economy with no need for new capacity in the short term," Chief Executive Jorgen Huno Rasmussen told analysts and reporters at a briefing after the company’s third-quarter earnings release. He added that...