Cement News tagged under: international
Thanh Son cement plant to be put into operation in 3Q, Vietnam06 August 2010, Published under Cement NewsThang Long Investment and Trade JSC plans to put into operation Thanh Son cement plant in the northern central province of Thanh Hoa in the third quarter of 2011. The project in Ngoc Lac district has a total investment of VND1.5trn (US$78.53m), including VND400 billion in the first phase, the Dau tu newspaper reported Friday. The plant with Chinese Sinoma beign EPC contractor will have a daily capacity of 2,00t of clinker. The Ministry of Construction forecast Vietnam will face a cement s... |
Australia construction shrinks at fastest pace in 12 months06 August 2010, Published under Cement NewsAustralia’s building industry shrank in July at the fastest pace in a year, adding to evidence the central bank’s six interest rate increases between October and May are eroding demand for new dwellings. The index fell 3.1 points to 43.3 from June, according to a survey by the Australian Industry Group and Housing Industry Association released in Sydney today. A reading below 50 shows the industry is contracting. Australia’s central bank paused in raising borrowing costs this week for a t... |
British Blackstone plans to invest in Turkish factory05 August 2010, Published under Cement NewsThe British company Black Stone will invest US$200m in a cement factory in the Vezirkopru district of Samsun on the Black Sea coast. Some 344000m2 of land is already allocated for the US$200m factory. Construction of the factory will begin by the end of 2010, according to company officials. Source: Invest in Turkey |
Iran cement production up 16% in 1H05 August 2010, Published under Cement NewsDuring the first four months of the Iranian calendar year (started March 21) cement factories in Iran produced nearly 2Mt which is 16 per cent more than the same period the year before. IRNA news agency stated that in the month of Tir (June 22-July 21) plants produced 5.2Mt of cement showing about 12 per cent rise compared to last year. During this period 19Mt of clinker was produced in the country that is 17 per cent more than the previous time span. |
Pakistan cement exports decline05 August 2010, Published under Cement NewsPakistan cement exports registered a decline of 0.89 per cent during the last fiscal year 2009/10, while local sales grew by 14.63 per cent, according to the data released on Wednesday. The industry recorded 9.30 per cent growth during the financial year ended in June. However, the sliding trend in cement exports persisted from the start of 2010/11 and registered a decline of 31.58 per cent in July. The country had exported only 774,502t cement over 1,131,997t during the corresponding p... |
China Shuangji Cement anticipates further industry drive05 August 2010, Published under Cement NewsChina Shuangji Cement, Ltd said today that it is anticipating that a new round of adjustment in the Chinese cement industry that is expected to be announced by the government will further drive industry growth. According to a July 28 report in China’s Economic Information Daily, a key publication sponsored by the Xinhua News Agency, the government’s new Cement Industry Development Policy has now been finalized, and industry insiders believe that a new round of measures encouraging larger e... |
QNCC expects increased demand, Qatar05 August 2010, Published under Cement NewsQatar National Cement Company (QNCC) yesterday said the domestic cement demand is expected to surge to 25,000tpd by next year due to large projects coming up in the country. QNCC, whose major business include the government projects, is also setting up a calcium carbonate plant at an estimated cost of QR40m, according to senior officials. Presently, cement demand stands at 15,000tpd. Globally there has been a 30% drop in demand due to real estate slump and other reasons brought about by th... |
Brazil’s Votorantim warned by antitrust body on cement05 August 2010, Published under Cement NewsBrazilian industrial conglomerate Votorantim Group was warned Wednesday by the country’s antitrust council, known as Cade, that its interests in Brazil’s cement sector may be rising to unacceptable levels, Estado news agency said. Cade’s legal office, or Procade, issued Votorantim with a document advising the industrial group to reverse the recent purchase by cement company Polimix Concreto, in which it has a minority stake, of Rio de Janeiro-based cement maker Cimento Tupi, Estado said. V... |
Vietnam sees fall in July sales05 August 2010, Published under Cement NewsVietnam cement sales in July fell 17.7 per cent to 3.72 Mt, a Ministry of Construction report said. Cement sales in the first seven months were nearly 28Mt, 55.8 per cent of the whole year’s plan. Industry insiders said the fall in cement sales was normal. "It is easy to understand why the sales are down. The seventh month in the lunar-calendar is coming," said Tong Duy Tan, head of General Director’s Office of Chinfon Cement Corporation. "People often think this is not a lucky time so n... |
Shayona Cement to expand factory, Malawi05 August 2010, Published under Cement NewsShayona Cement Corporation has announced plans to expand its factory in Kasungu in central Malawi with the installation of a rotary plant. Study of resources, the commissioning of the plant and production is expected to finish within 24 months, according to Shayona Cement managing director Jitendra Kumar Patel. Patel said Shayona Cement is already in the process of expanding its existing plant by a further 15,000tpa. Source: The Nation |