Cement News tagged under: international
Nizhny Novgorod Cement Group plans new Russia plant?10 August 2010, Published under Cement NewsRussia’s Nizhny Novgorod Cement Group is expected to build a US$300m cement plant in the Nizhny Novgorod Region, a spokesperson for the regional government told PRIME-TASS Monday. The company is expected to build the plant in the region’s Pervomaisky district. The launch of the plant is scheduled for the first half of 2014. The plant’s annual production capacity is projected at 2Mt of cement. At present, the company is searching for a strategic investor to implement the project under t... |
China to cut back further on outdated plants10 August 2010, Published under Cement NewsThe Chinese government has ordered more than 2000 cement, steel and dyeing factories to close down outdated manufacturing units in a large-scale effort to reduce the country’s energy inefficiencies, officials said on Monday. The government has listed 2,087 factories across 18 different industries as having to close down their units by September 30, according to an order issued by the Ministry of Industry and Information Technology. The factories that will have to close down manufacturing ... |
Pakistan cement supplies disrupted10 August 2010, Published under Cement NewsSupplies of cement all across Pakistan have been disrupted due to excessive flooding in Punjab, Khyber-Pakhtunkhwa and parts of Sindh. “Although no major damage has been caused to cement manufacturing plants, supply lines for the transportation of raw materials as well as shipment of finished goods have been severely affected,” commented General Secretary Pakistan Cement Manufacturers Association, Brigadier Niazi. “Dera Ghazi Khan has been completely cut off from the rest of the country. Th... |
Union Cement Co. posts AED9.8m loss for first-half10 August 2010, Published under Cement NewsUnion Cement Company posted a net loss of AED9.8 million against an AED90 million profit for the same period last year in a familiar result for UAE manufacturers squeezed by declining sales and prices. The Ras Al Khaimah-based manufacturer saw revenues fall 23% to AED303.5 million with the cost of sales over the period by 5.7%, or AED16.6 million. After-tax, the company saw a loss ofAED9.81 million, down from AED90.1 million between January and 30th June in 2009. Cash flows from operating ... |
Ohorongo eyes Americas markets10 August 2010, Published under Cement NewsOhorongo Cement is eyeing international markets, as the commissioning date for its plant in Nambia nears. To facilitate the export of cement to the Americas, local press have reported the company is now setting up a new facility at Walvis Bay port, as well as transshipment facilities. The Ohorongo Cement plant at Otavi comes on-stream towards the end of this year. Managing director, Hans-Wilhelm Schütte, says the company is not content to supply only the Namibian and southern Angolan... |
Dominican Republic quarterly consumption down?10 August 2010, Published under Cement NewsThe Dominican Association of Cement Producers (Adocem) stated that cement demand fell 12.9% in the last three months compared to the first quarter of 2010. The institution said that these results reflect a possible cooling of the construction industry, particularly with regard to government expenditure devoted to infrastructure projects, which have been the main promoter of the improved situation in the industry. Between May and July the average daily consumption stood at 10,500t, a figure ... |
Gresik: hold on Baturaja deak09 August 2010, Published under Cement NewsPT Semen Gresik Tbk’s scheme to acquire PT Semen Baturaja remains unclear due to the incomplete studies of the acquisition of the state companies. Finance director of Semen Gresik Cholil Hasan said the company has not planned to acquire Semen Baturaja in the near future despite the official statement earlier to acquire state cement company with 1.25 million tons production capacity here. "There is no plan for Baturaja acquisition. To make it clearer, it may query the investor relation," he... |
Chinese company starts production in Ethiopia09 August 2010, Published under Cement NewsChinese Company, Huang Shan Cement plc of the Guangdong Chuanhui Technology Development Group Co on Sunday officially commenced production of clinker and cement in Mojo town of the Oromia Regional State about 7km south of Addis Ababa, the capital of Ethiopia. Speaking at the official launching ceremony of the production, Gu Xiaojie, Chinese Ambassador to Ethiopia, said the operation of Huang Shan Cement Clinker Production line is an excellent showcase for the successful cooperation in the f... |
Barak Valley Cements expansion, India09 August 2010, Published under Cement NewsBarak Valley Cements Ltd will expand its existing cement grinding production capacity from 750tpd to 1350tpd. The Delhi-based cement maker Barak Valley Cements today informed the investors about the company s plans to expand the cement grinding production capacity by installing an additional 600tpd unit at Debendra Nagar in Karimganj District in Assam. The Board of Directors at its meeting held on August 07 2010 resolved to expand the cement grinding production capacity of the company fr... |
Russian commission OKs draft ruling to cancel cement export duty09 August 2010, Published under Cement NewsThe Russian government’s sub-commission for customs tariffs has approved a draft government ruling to cancel duties on Russia’s cement exports, the government’s press service said Thursday. The measure is expected to make Russian cement suppliers more competitive on the global markets amid falling domestic demand for cement, the press service said. The current duty amounts to 6.5%. |