Cement News tagged under: international
Readymix expects €6.6m first-half loss, Ireland16 July 2010, Published under Cement NewsReadymix is anticipating making another full-year loss in 2010, as trading conditions in the second half of the year are unlikely to pick up significantly. The Dublin-based building materials and cement products provider — which is predominantly owned by Mexican group, Cemex — said yesterday, via its first-half trading update, that it expects its interim results, when published next month, to show a pre-tax loss of €6.6 million for the six months to the end of June. This would only be margi... |
SOBOCE invests in improving Viacha plant16 July 2010, Published under Cement NewsThe Sociedad Boliviana de Cemento (SOBOCE) has expanded its Viacha cement plant, with an investment of US$35m. The cement plant will double clinker, from 1000tpd to 2000tpd, reaching a production capacity of 2000 x 50kg cement bags per day. SOBOCE executives, local and religious authorities inaugurated the expansion of the plant. At the inauguration, the cement businessman, Samuel Doria Medina said: "In La Paz there are few investments, so we wanted to make a gift to this town and with... |
Germany: June sales rise YoY15 July 2010, Published under Cement NewsThe German cement industry registered 2.54Mt of domestic cement sales in June 2010, translating to a 6.7% increase from June 2009. Total cement sales for the second-quarter of this year were 7.078Mt, up 4.8% compared to the same quarter in 2009. Total sales for the first half of 2010 stood at 10.21Mt , down 3.8 per cent on the first half of 2009. Second quarter sales are broken down as follows: Domestic monthly dispatches Old Länder ... |
Lafarge prepares for Iraqi building boom15 July 2010, Published under Cement NewsWith its presence firmly established in the Iraqi market, Lafarge looks set to benefit as the country prepares for a building boom. The Iraqi authorities want to build on a massive scale -- 1 million new housing units in three years. In a single project, plans call for 75,000 units in Baghdad’s Sadr City slum. Gulf companies are bidding for many of the projects. "The local production of construction materials will not be enough for such big projects," said Abdul Rahman al-Mashhadani, an ... |
Carib Cement to challenge dumping watchdog15 July 2010, Published under Cement NewsCaribbean Cement Company Limited (CCCL), having won the first round of a fight over Vulcan-made cement, is now questioning the basis of the final ruling by the anti-dumping commission that there was no threat to the local industry and has signalled that it intends to challenge the decision. The cement maker said its course of action will be determined after review of the commission’s ’statement of reasons’ which is yet to be published. The law allows for rulings to be challenged in the S... |
Vietnam urged firms to boost cement exports15 July 2010, Published under Cement NewsThe Vietnamese Ministry of Construction has requested three cement firms to seek more export markets for their products amid the country’s forecast glut of 1Mt-2Mt this year. Chinfon Cement Corporation, Nghi Son Cement Corporation and Phuc Son Cement Company were urged to export between 100,000 and 150,000t of cement each in the second half of 2010, 50% of their output in 2011 and all their products from 2012, the MoC said on its website. The ministry required cement joint ventures to co... |
Indonesia 1H cement consumption up 12%15 July 2010, Published under Cement NewsIndonesia’s cement consumption rose about 12 per cent in the first half of 2010 versus the same period last year, industry data showed on Thursday. Total cement consumption in the first semester this year was 19,.6Mt compared to 17.6Mt in the same period in 2009, according to data from Indonesian Cement Association (ASI). Cement consumption from April to June was at 9.9Mt Indonesia’s biggest cement producer, PT Semen Gresik, is expected to produce 20.6Mt next year. Investors have pou... |
ASEC to Manage Sudanese Cement Plant15 July 2010, Published under Cement NewsASEC Holding announced that Portfolio Company ASEC Engineering and Management has signed a three-year renewable contract to provide technical management services for Alsalam Cement Production Company (ACPC)’s cement plant near Atbara in Sudan. The Atbara plant produces clinker, which is then ground with gypsum to make cement. The plant has a production capacity of approximately 2000tpd of clinker. ASEC Engineering will receive a fixed fee for every ton of clinker produced in return for a gua... |
Nigeria likely to start exporting by 2011 – Dangote15 July 2010, Published under Cement NewsKnut Ulvmoe, managing director of the Dangote Group, on Wednesday said that Nigeria would soon begin exporting cement to countries. Ulvmoe told the News Agency of Nigeria in Lagos that with the current production trend, the country was likely to start exporting cement by 2011. He said, ”The nation’s cement production will soon hit about 28Mt from about 12.5Mta. ”There is hope that by 2011, Nigeria will begin to export cement to other countries.’’ According to him, there are many ongoin... |
USGS – May 2010 preliminary figures15 July 2010, Published under Cement NewsUS Geological Survey preliminary estimates indicated that US cement shipments in May 2010 were 1.5% higher than in May 2009. This is a smaller increase than analysts at Jefferies International had expected. May was the third successive month in which consumption was higher than in the same month in the previous year, after 45 months of continual decline between May 2006 and February 2010. However, the rate of increase slowed significantly from the 8.7% increase in April. There was a ma... |