Cement News tagged under: international
Indian firms see October sales firm up02 November 2010, Published under Cement NewsAfter a long lull, Indian cement majors such as ACC, UltraTech and Ambuja Cements saw their dispatches rise in October. UltraTech, controlled by the Aditya Birla Group, posted a 21.26% jump in dispatches at 3.42Mt production rose 18.16% to 3.47Mt. ACC and Ambuja Cements, both controlled by Holcim, posted an increase of 13.6% and 19.6%, respectively in cement dispatches. ACC’s cement despatches increased to 1.92Mt from last year’s 1.69Mta and production to 1.98Mt from 1.71Mt last year. Amb... |
Cadence new European sales and technical support office02 November 2010, Published under Cement NewsKen Derksen, chief operating officer of Cadence Environmental Energy, a supplier of alternative fuels and combustion technology to the cement industry, announced the establishment of the company’s first authorized sales and technical support office in Europe. In an effort to increase local support for its expanding European customer base Cadence has authorized Klaus-Martin Meier to be their exclusive European Distributor. Mr. Meier’s international experience and technical background ... |
Tucson cement plant fire, USA02 November 2010, Published under Cement NewsA fire ignited at a Tucson-area cement plant concerning a 10t container of asphalt. A hole developed in a container of mixing asphalt and some of the leaked asphalt became ignited, according to Katy Heiden, Northwest Fire spokeswoman. The severity of the situation was heightened because large tanks with flammable materials were near the scene. Fire department crews safely extinguished the fire and only one plant worker suffered minor injuries. The plant is located on the 6600 block of Nor... |
Green tax burden could see cement firms quit the UK01 November 2010, Published under Cement NewsEnvironmental taxes are threatening to drive Britain’s cement producers abroad, a leading think tank has warned. According to research from Civitas, the UK is undermining its domestic industry even though it is one of the world’s most environmentally sensitive and efficient. Emissions trading, industryfinanced subsidies to the renewable energy sector and the Climate Change Levy are making it harder for UK-based cement producers to compete with rivals in countries that do not have equally e... |
Holcim receives Jeffersonian award, USA01 November 2010, Published under Cement NewsHolcim (US) Inc announced that its Ste. Genevieve plant, located in Bloomsdale, Missouri was recently awarded The Jeffersonian Award by the Jefferson County Growth & Development Association. "We are honoured to have been recognised for the contributions Holcim and our employees have made to Jefferson County," said Jeff Ouhl, vice president, manufacturing and plant manager of the Ste. Genevieve plant. "Although our plant is located in Ste. Genevieve County, it is important that we are sup... |
Cimsa mulls new investment01 November 2010, Published under Cement NewsCimsa is analysing investment conditions for a new cement factory in Macedonia. This was disclosed following a business meeting of Macedonian and Turkish businessmen held in Skopje on Thursday, arranged by the Macedonian Chambers of Commerce and the Cabinet of Minister without Portfolio Hadi Nezir. Cimsa is one of the key investors looking into investment opportunities, according to Mr Nezir. Macedonia and Turkey, he added, nourish excellent political ties, but economic cooperation is not ... |
CSN seeking M&A deal in cement in Latin America01 November 2010, Published under Cement NewsBrazilian steelmaker Cia. Siderurgica Nacional SA (CSN), said Friday it’s seeking to purchase cement assets in Latin America as a way of strengthening its presence in this sector. As well as boosting its cement operations in Brazil, CSN is seeking a mergers and acquisitions deal in Peru, Colombia, Chile, Paraguay and Uruguay, company executive director Paulo Penido told analysts on a conference call. "We plan to expand cement as a core business, along with our other core businesses of stee... |
Cementos Molins profit down 26.5%, Spain01 November 2010, Published under Cement NewsSpanish cement company Cementos Molins booked a profit of EUR 37.5m for January to September 2010, losing 26.5% YoY, the firm said yesterday. The revenue, however, surged by 18.1% YoY to EUR 595m. EBITDA were EUR 131.5m adding 5.5%. Earnings before interest and tax (EBIT), in turn, inched down by 0.2% to EUR 93.8m. Net debt rose to EUR 324.8m at end-September from EUR193.6m a year ago. |
India Cements launches operations in the north01 November 2010, Published under Cement NewsAnnouncing its pan-India presence leading cement manufacturer India Cements today announced launch of its operations in North India. The newly-commissioned Mahi Cement Plant, with a capacity of 1.5Mt in Rajasthan, also began dispatches to key Northern regions signaling the intent of the company to be a dominant national player, a company release here said. The Mahi Cement plan would cater to the requirements from Rajasthan, Madhya Pradesh and Gujarat. With the start of commercial product... |
Pakistan: Attock’s earnings fall 60%01 November 2010, Published under Cement NewsAttock Cement Pakistan Limited’s (ACPL) net earnings for the first quarter ended September 30, 2010 were PKR97m (EPS: Rs 1.12) against PKR236m (EPS: Rs 2.72) in same period last year, a decrease of 58.9 per cent YoY. The decline was mainly due to slow cement dispatches owing to devastating floods which hampered construction activities. In addition, globally, cement prices remained weak around US$42 /t which further dragged the earnings down, as per TFD analyst. On account of lower dispatch... |