Cement News tagged under: international
TCL contributes to Haiti relief efforts12 July 2010, Published under Cement NewsEmployees of the TCL Group recently contributed TT$62,666.87 towards the Group’s Haiti Relief Programme. The monetary donations from employees of Trinidad Cement Limited, TCL Guyana Inc and the TCL Group Corporate Office were presented to Habitat for Humanity to assist in that organisation’s rebuilding of earthquake devastated Haiti. In the aftermath of the January 12 earthquake in Haiti, Habitat for Humanity has been working to meet the needs of Haitians left homeless by this disaster.... |
Mawmlu Cherra Cement plant awaits revamp, India12 July 2010, Published under Cement NewsThe Meghalaya government has decided to revamp its cement plant Mawmlu Cherra Cement Limited (MCCL) at Cherrapunjee (Sohra), which is facing stiff competition from private-owned plants. Chief minister Mukul Sangma visited the cement plant yesterday and stressed the need of making the company more efficient. Though the previous government had said the plant would be revamped, fund constraints had delayed its modernisation since 2007. The plant has the capacity to produce 500tpd of cemen... |
Pakistan cement price rises12 July 2010, Published under Cement NewsPakistan cement prices have jumped steeply from Rs 250 per bag to Rs 305 per bag in recent days - registering an increase of Rs 55 per bag, cement analysts said. The Daily Times reports that cement manufacturers have recently raised prices by Rs 10 and Rs 15 per bag in South and North respectively. The recent hike boded well for the industry in the given stable coal prices as manufacturers are making spot coal purchase. Northern region remains the key beneficiary of the recent hikes due ... |
Titan cement could get a boost from bill12 July 2010, Published under Cement NewsThe House voted 78-29 today to approve the second reading of a bill that could help development projects receiving public incentives to bypass portions of a required state environmental review. The bill, introduced by Democratic Sen. R.C. Soles of Tabor City, is a direct response to a May ruling by a Wake Superior Court that Titan America, an international company offered state and local incentives to build a cement plant in New Hanover County, had to supply a full environmental review. Tit... |
Vietnam PM attends cement ground-breaking ceremony12 July 2010, Published under Cement NewsVietnam’s Xuan Thanh Development Investment JSC started building Thach My cement plant in the central province of Quang Ngai in the presence of Prime Minister Nguyen Tan Dung July 10. The plant capitalised at VND4trn (US$209.49m) will have two production lines with a total designed capacity of 2Mta of cement, the Thoi bao Kinh te Vietnam newspaper reported Monday. Thach My cement plant covering 57.36ha in Nam Giang district is slated for operation after a two-year construction period and e... |
PPC invests in Colleen Bawn plant. South Africa12 July 2010, Published under Cement NewsPPC has invested US$19.5m at its Colleen Bawn kiln plant in a move expected to boost production by 20%. PPC finance director Gavin Stephens on Tuesday told business digest that cement production would soon increase to 2200tpd from 1800tpd in March at its Bulawayo factory. The company secured credit from its South Africa-based parent company before embarking on a four-month recapitalisation exercise. This comes on the back of prevailing shortages of cement and subsequent price hikes on th... |
Egypt to rule on withdrawn cement licences in August12 July 2010, Published under Cement NewsEgypt’s Industrial Development Authority said it will announce early next month what it will do with two cement licences which it has withdrawn because of start-up delays and financing shortfalls. "In August, we’ll be ready to announce," Amr Assal, head of the authority, said in a phone call on Sunday, adding that the authority’s board will meet to approve the fate of the licences in the first week of August. Egypt set a July 1 deadline for new bids for the licences, which it withdrew in N... |
Siam Cement keen to explore opportunities in Myanmar12 July 2010, Published under Cement NewsSiam Cement PCL, Thailand’s largest industrial conglomerate by revenue, is exploring business opportunities in Myanmar to tap the neighbour’s potential, particularly in building materials and cement, the Nation reported Monday, citing chief executive Kan Trakulhoon. Myanmar’s border is close to southern China and the transportation system between the two countries has been improved as part of the Greater Mekong Sub-regional development scheme. So entering the Thai market could allow Siam Ce... |
JK Cement in talks to setup Middle East plant12 July 2010, Published under Cement NewsJK Cement has initiated talks with a few banks to raise debt of over Rs 800 crore to part finance setting up its first overseas plant in the Middle East, said a person close to the matter. The proposed plant with a capacity of 2Mta will require an investment of around Rs 1,400 crore which will be funded by bank loans and internal accruals, said the same person requesting anonymity. The source said JK Cement officials met State Bank of India, IDBI and Bank of Baroda for raising fund. ... |
ASEC to build new Egypt cement plant12 July 2010, Published under Cement NewsAsec for Manufacturing and Industrial Projects, a unit of Asec Holding, said it has signed a US$130m contract to build a cement plant for Building Materials Industry Company in southern Egypt. Asec for Manufacturing, also known as Aresco, will provide all the civil, electrical and mechanical works for the 1.5Mta facility in the governorate of Assiut, the company said in an emailed statement. Aresco will also provide steel fabrication services and will test and commission the plant, it said.... |