Cement News tagged under: international
India: price uptick may not last06 October 2010, Published under Cement NewsAs cement prices rise across India, driven more by the manufacturers’ need to prevent losses, analysts are sceptical if these prices can be sustained as supply is outstripping demand. One analyst tracking the sector said: "The increase in prices in not mainly demand driven, it is an indication by the companies that they don’t want to make losses. This strategy has been tried 10 years back in 2001 and they are doing it again. Though for the second quarter we see some south-based companies ... |
Asia Cement to explore opportunities in Guam06 October 2010, Published under Cement NewsTaiwan-based Asia Cement Corp will in November travel to Guam to check the potential business opportunity generated by the relocation of a U.S. military base to cost US$6bn. K.Y. Lee, president of Asia Cement, said his company has obtained orders of several million dollars from the military base relocation, which will span four to five years to offer Asia Cement several billion dollars of orders. The group to go to Guam will consist of Asia Cement’s subsidiaries, including Ya Tung Read... |
Vietnam: more coal needed for production06 October 2010, Published under Cement NewsThe Vietnam Cement Industry Corporation (Vicem) member companies need more coal to produce cement, officials from the group have said. Le Van Chung, chairman of the corporation’s management board, said cement factories at the corporation’s member companies needed 5000tpd for production, but the Vietnam Coal and Mineral Industry Group (Vinacomin) provided half of their demand at 2500-3000tpd. “We had to halt operations temporarily, and if we don’t receive an adequate supply of coal in the co... |
Ohorongo Cement receives first coal shipment, Namibia06 October 2010, Published under Cement NewsNambia’s only cement producer, Ohorongo Cement, received its first consignment of coal last week, when 30,000t of coal was offloaded in Walvis Bay. International shipping and logistics firm Grindrod shipped the coal from Maputo in Mozambique. From Walvis Bay to Otavi, the coal will be transported by rail. To produce the targeted cement quantities of the first year of production, approximately 70,000t of coal will be burned during the course of the next 12 months. With cement production ... |
Argos to close three clinker lines, Colombia ?06 October 2010, Published under Cement NewsTo make way for urban development from Barranquilla to Puerto Colombia, Argos confirmed the shuttering of three kiln lines. The vice president of corporate affairs of the cement company, Carlos Raul Yepes, said that following the closures, clinker will be brought in from other plants. Yepes said: "Argos is not closing its plant in Barranquilla, nor the facilities Sabanagrande." He said the dismantling of the kilns would gradually, but did not state from when. "Clinker production wi... |
French production likely to be 18Mt in 201006 October 2010, Published under Cement NewsBruno Carré, president of the Syndicat Français de l’Industrie Cimentière (SFIC) expects production to reach 18Mt this year, up two per cent compared to 2009. In terms of the outlook for consumption, Mr Carré said: "Only the new housing market activity supports cement in 2010-2011.” He added: "Despite the lacklustre numbers, the cement market in France defends itself rather better than the European average." |
Panama to see revival in production05 October 2010, Published under Cement NewsThe Panamanian Chamber of Construction is expected that the Government’s order to proceed with infrastructure projects will revive local cement production. The construction of the third set of locks of the Panama Canal is the main project that the local construction industry hopes will revive cement production. An economic report of the Panamanian Chamber of Construction (CAPAC) indicates that in the first four months of 2010 cement production fell 12.9%, ie almost 20,000t to contrast wi... |
Dangote’s ambitions push it to control Sephaku Cement05 October 2010, Published under Cement NewsNigerian industrial giant, Dangote Industries has given notice it aims to become the largest cement producer in Africa by 2014. Dangote will increase its equity stake in Sephaku Cement from 19.76 per cent to 64 per cent through the additional investment. Dangote was established in 1981 and is one of the largest manufacturing conglomerates in sub-Saharan Africa, with interests in cement, sugar, flour, salt and fish. Aliko Dangote, the group’s chief executive, said Sunday that the group was ... |
Camargo Correa expands cement operations05 October 2010, Published under Cement NewsCamargo Correa has approved investments of R$3.6bn (US$2.12bn) from 2011-16 to expand its cement operations via the filial Camargo Correa Cimentos. The sum is part of a R$14bn spree announced by the company that includes the acquisition of 33% on the Portuguese cement company Cimpor in a deal worth R$3.5bn. Other investments would expand the capacity of Loma Negra in Argentina and to set up a foothold in Angola, Mozambique and other South American countries. Camargo Correa Cimentos should ... |
Pakistan cement dispatches fall05 October 2010, Published under Cement NewsAll Pakistan Cement Manufacturers Association (APCMA) said on Monday that private sector dispatches (local and exports) stood at 1.378Mt of cement during the month of September 2010 compared to 1.51Mt in August 2010 - recording a downfall of 8.74 per cent. The fall further increased to 20.85 per cent if compared with total dispatches of September 2009 (1.741Mt). An official of APCMA told CemNet that local and export dispatches have been declined due to unprecedented floods in country,... |