Cement News tagged under: international
Egypt may scrap cement licences on weak demand01 July 2010, Published under Cement NewsEgypt’s Industrial Development Authority said on Wednesday interest in bidding for two cement production licences had been subdued ahead of this week’s deadline and the permits could end up being scrapped. Amr Assal also said the authority he heads wanted to attract investment in textiles, food processing, chemicals and other industries as part of Egypt’s effort to double exports to 200 billion Egyptian pounds by 2013. Egypt re-opened bidding for cement licences previously held by El Wad... |
Kerosam Industries plans capex, India01 July 2010, Published under Cement NewsKesoram Industries Ltd plans to invest INR11.25bn on capex in FY11, its chairman said on Thursday. "Considering the expected growth in demand for cement, we have decided to further expand the clinker production capacity by 1.7Mta," BK Birla, chairman, Kesoram Industries Ltd, told shareholders during the company’s annual general meeting. The firm also plans to set up a new 2.5Mta cement grinding plant in Maharashtra, he added. Source: The Economic Times |
Lafarge WAPCO looks ahead to Lakatabu project01 July 2010, Published under Cement NewsThis year, Lafarge Cement WAPCO Nigeria Plc. is celebrating five decades of what they termed ‘bringing materials to life’. According to its company’s Chairman, Chief Olusegun Osunkeye, the 50 years are not only measurable in the length of time alone “but, importantly, Lafarge WAPCO has had tremendous positive impact on its stakeholders, while leaving a visible and enviable landmark on the Nigerian industrial landscape.” Osunkeye said that the company’s brand, Elephant Cement, has consist... |
Mbeya cement concludes safety activities, Tanzania01 July 2010, Published under Cement NewsMbeya Cement Company has concluded safety month activities in Mbeya with community outreach activities. This year’s health and safety month which had a theme of taking pride in ’Housekeeping’ included various cleanliness activities around the company and surrounding areas on Wednesday. Speaking at the closing ceremony, Mbeya Cement General Manager Mbuvi Ngunze, said that the company’s first priority is safety and the month of June was the chosen safety and health month for the Lafarge Gr... |
HeidelbergCement to close Wetzlar plant, Germany01 July 2010, Published under Cement NewsHeidelbergCement is to close its factory in Wetzlar, Hesse byt the end of the year. The company cited declining German demand and under utilization as the reasons behind its decision for the closure. Source: Reuters Deutschland |
Cheap imports pile pressure on E. Africa cement producers30 June 2010, Published under Cement NewsWhen the Indian conglomerate, Sanghi Group, launched the construction of its cement plant in West Pokot, Kenya, recently, they made known the market they were targeting. Rajesh Rawal, the group’s managing director in charge of Africa investments, told top government officials led by Prime Minister Raila Odinga the Sh4 billion plant would produce additional 2.4Mt mainly for export to Uganda and Southern Sudan. The first phase of the plant run by the group’s subsidiary – Cemtech Ltd – is exp... |
Garadagh all set to receive ADB loan, Azerbaijan30 June 2010, Published under Cement NewsOpen joint stock company Garadagh Cement has said that all the necessary details are almost in place for conclusion of a deal of EUR20m loan to be extended by the Asian Development Bank (ADB) The loan will help GC raise its cement production capacity by around 30% to 1.7Mta. At the same time, the replacement of the existing four wet kilns with a single, more efficient dry kiln “The loan agreement will be signed as soon as technical issues are solved. It can happen for the next few days,” ... |
New Khazakstan plant commissioned30 June 2010, Published under Cement NewsMynaral Tas Company, together with French investor Vicat Group started up its 1.2Mta cement plant on Monday. The plant is located in Zhambyl Oblast, in southern Kazakhstan. "The plant will produce cement for construction of Western Europe - Western China highway and the Balkhash power plant," said Zhambyl region akim Kanat Bozumbayuev during the commissioning. He noted that the first shipment of cement clinker is planned in two months. |
ACC sees marginal YoY rise in sales, India30 June 2010, Published under Cement NewsIndian producer ACC Ltd expects a marginal year-on-year rise in its cement sales in August because of an improvement in transportation facilities, Managing Director Sumit Banerjee said Wednesday. "Traditionally, August is a lean month for the cement industry, but compared to August of last year, sales will be marginally better this year," Banerjee told reporters at a news conference. Demand in July will be low due to rains, he said. Cement demand falls during the June-September monsoon se... |
Birla Corp sees best performance in FY09-1030 June 2010, Published under Cement NewsAt the adjourned 90th annual meeting of the company in Kolkata on Tuesday, Mr Lodha, Chairman of the Birla Corp, said the company recorded its best performance ever in 2009-10. It is expanding capacity and continuing its efforts to control and reduce costs across all its divisions. At Satna, debottlenecking of the cement clinker capacity is expected to be completed by July 2010, increasing the capacity to 9600tpd from 7400tpd. Similarly, at Chanderia, the expansion programme had already bee... |