Cement News tagged under: international
Titan inaugurates new Albanian plant16 September 2010, Published under Cement NewsTitan has officially opened its Antea cement factory located in the Boka e Kruja area of Albania. ANTEA Cement is part of the TITAN Cement Group a multi-regional cement producer. European Bank for Reconstruction and Development (EBRD) and the International Financial Corporation (IFC) are also shareholders of Antea Cement. Prime Minister of Albania, Mr. Sali Berisha honored and performed the inauguration ceremony in the company of senior government representatives, local authorities, ANTEA ... |
Flying Cement resumes operations, Pakistan16 September 2010, Published under Cement NewsPakistan’s Lahore-based leading cement manufacturer and exporters - Flying Cement Company Limited (FCCL) said on September 15, 2010 that it has resumed its operations after remained suspended for seven months due to expensive power supply, low cement price and other factors, says a top official of company. Mr. Mubashir Asif, Company Secretary told CemNet that resumption of production was possible due to the installation of 132 KVC Grid Station, which has been energized by Water & Power Deve... |
Nigeria government to establish cement institute15 September 2010, Published under Cement NewsIn a bid to optimise cement production capacity, the Federal Government of Nigeria, yesterday, unveiled plans to partner with stakeholders in the cement industry to establish a Cement Technology Institute. The Minister for Commerce and Industry, Senator Jubril Martins-Kuye, who spoke at a stakeholders forum, in Lagos, yesterday, said “this Institute would serve as a base to make cement adequate and available as a low cost building material for the average Nigerian. We are partnering with re... |
Lafarge keeps debt under control - report15 September 2010, Published under Cement NewsLafarge keeps its debt under control and it does not need a new capital increase, CEO Bruno Lafont said in an interview for French daily La Tribune on Tuesday. The group’s financial situation remains solid although its perf |
Ambuja Cements 2Q results15 September 2010, Published under Cement NewsAmbuja Cements Ltd registered a growth of 20.50 per cent in net profit at INR391.21 crore in the second quarter ended 30 Jun 2010 over Apr-Jun 2009. The net sales grew 10.83 per cent to INR2047.56 crore, while the operating profit rose by 24 per cent to INR644.01 crore. While the production rose to 5.49Mt despatches increased to 5.39Mt. The market capitalisation of the company grew by eight per cent to INR17,918 crore for the fortnight ended 30 Jul 2010. |
Vietnam-Japan JV operates cement grinding plant15 September 2010, Published under Cement NewsNghi Son Cement Corporation, a joint venture between Vietnam and Japan, has put into operation Ninh Thuy cement grinding station in Vietnam’s central province of Khanh Hoa, the Nhan dan newspaper reported Wednesday. The station located on an area of 28.64 hectare in Ninh Hoa district, has a total investment of $18 million and an annual grinding capacity of 500,000 tons of cement. The station’s products will be served for the central and central highlands regions. Nghi Son sold 1.6 million... |
Peru’s Cementos Lima to double planned investments15 September 2010, Published under Cement NewsPeru’s leading cement producer, Cementos Lima, said it will double planned investments for the period 2010 to 2013. In a report to Peru’s securities regulator late Monday, the company said it would increase its investment levels to US$610m from the US$307m it announced in May. Demand for cement in Peru has been rising in line with a booming economy and increased spending on basic needs such as houses and electricity, as well as a series of public works projects. Cement production in the f... |
Taiwan to cap cement exports15 September 2010, Published under Cement NewsThe Taiwan government said it will cap cement exports at 30 per cent of the country’s total production by 2015 to encourage the phasing out of old inefficient plants that are heavy polluters, Economic Affairs Minister Shih Yen-shiang said Tuesday. Shih said that with domestic demand on the decline, Taiwan’s cement producers have raised their export volume in the past few years to about 50 per cent of total production to make use of idle capacity. As limits on cement exports are phased ... |
Indonesia: Baturaja to invest in new factory15 September 2010, Published under Cement NewsState cement company PT Semen Baturaja announced it will construct a new cement factory in South Sumatra, absorbing IDR2.35trn (US$236m) in investment. President director Pramudji Rahardjo told reporters Tuesday that a feasibility study was underway so as to have the factory in full operation by 2013. Sahala Lumbang Gaol, the deputy minister for strategic industries and energy for the state-owned Enterprises Ministry, said the construction of the new factory was necessary as existing fac... |
HeidelbergCement further expands activities in Africa15 September 2010, Published under Cement NewsHeidelbergCement has signed an agreement with George Forrest in order to expand the cement production capacity in the Democratic Republic of the Congo (DRC). The newly agreed shareholder structure will give HeidelbergCement a majority position in Forrest Group’s cement activities in DRC. HeidelbergCement will hold majority stakes of 55 % in the Cimenterie de Lukala (CILU) cement plant, located close to the capital city of Kinshasa, and of 70 % in the two Interlacs plants, located in the ea... |