Cement News tagged under: international
Egypt will not reissue El Wadi Cement’s licence: IDA30 June 2010, Published under Cement NewsEgypt’s El Wadi Cement will not be reissued a cement licence after the country’s Industrial Development Authority (IDA) said it wanted to open up the region’s booming construction sector to further competition. Egypt, which reopened the cement licence’s bidding process in May, has blocked El Wadi and other cement firms with existing operations from bidding in an effort to boost competition and bring down prices, it said. "The licence will not be returned. We have already announced the bid.... |
Lafarge co-president visits Bangladesh30 June 2010, Published under Cement NewsLafarge Group Co-President (Cement Division) Isidoro Miranda will arrive in the Bangladesh on an official visit today (Wednesday). During his visit, Mr Miranda will be reviewing the business and strategies of Lafarge Surma Cement Ltd (LSC) in Bangladesh. He will meet ministers and senior officials of the government concerned to his business. He will also interact with the board members as well as the staff of LSC. Regional President of Lafarge (Asia Operation) Martin Kriegner will be acc... |
Prism Cement acquires remaining stake in MBF29 June 2010, Published under Cement NewsPrism Cement on Monday said it has acquired the remaining 50 per cent stake in Milano Bathroom Fittings for an undisclosed sum. "Post acquisition, Milano Bathroom Fittings (MBF) becomes a wholly-owned subsidiary of Prism Cement and will continue to be managed through H and R Johnson (India) division," it said in a release. H and R Johnson (India), the tiles division of Prism Cement, had acquired a 50 per cent stake in MBF in 2006. MBF has a manufacturing plant at Baddi in Himachal Pradesh. |
Nigeria: Dangote’ Obanjana facility praised by Minister29 June 2010, Published under Cement NewsMinister of Mines & Steel Development, Architect Musa Muhammed Sada, has commended the president and chief executive officer of the Dangote Group, Aliko Dangote for his vision and courage in building the Obajana cement factory in Kogi State. Sada made the commendation weekend while on a visit to the multi-dollar plant to assess the extent of operations at the plant’s mines. A visibly impressed Sada could not hide his satisfaction with what he saw on ground. The minister expressed his pleas... |
Hercules Cement Co. strike ends. USA29 June 2010, Published under Cement NewsA two-week strike at Hercules Cement Co. ended yesterday as 82 employees returned to their jobs with a new contract. Plant manager Richard Zimmel said the cement maker in Stockertown and Teamsters Local 773 agreed to a new, four-year contract Saturday. Zimmel said workers agreed to the new deal after the company clarified a transfer policy that led to the strike. The company also agreed to pay for the health benefits that covered workers as they picketed. "Everybody’s back to work. We’re ... |
Mangalam commissions wind turbines, India29 June 2010, Published under Cement NewsMangalam Cement has commissioned six 1.25MW wind turbines (total capacity 7.5MW) at Jaisalmer. In March this year, the company had awarded INR39 crore worth of orders for the installation of the six facilities to leading wind turbine maker, Suzlon Energy. |
China: MIIT cracks down on outdated production capacities29 June 2010, Published under Cement NewsThe Ministry of Industry and Information Technology (MIIT) will temporarily suspend the granting of approvals for projects in regions where outdated production methods are not made obsolete in a timely manner, reports China Securities Journal, citing Miao Wei, vice governor of the MIIT. According to Miao, the MIIT could use a differentiated pricing policy for power and initiate reforms on energy prices in order to curb energy consumption and reduce demand for high-emission products. Outdat... |
Hima cement plant ready for October, Uganda29 June 2010, Published under Cement NewsThe US$108m Hima cement plant in western Uganda will be complete and commissioned in October, according to David Njoroge, general manager of Hima Cement. Construction works on the new Hima Cement Rwenzori plant, which is expected to increase capacity from 350,000t to 850,000t is nearing completion. When completed, the plant, built at a cost of US$108m, will add new capacity which will go a long way in meeting local demand thus effectively moving Uganda from being a net importer of cement. ... |
Nesher in talks to sell surplus electricity29 June 2010, Published under Cement NewsNesher Israel Cement Industries Ltd., which operates a power plant at its Ramle facility, is in talks to sell surplus electricity to Israel Electric Corporation (IEC). Sales potential could reach NIS 50m a year. Nesher built a small 48MW natural gas power plant at its facility in Ramle. In May, the company obtained a 20-year production license from the Public Utilities Authority (Electricity). The license allows Nesher to sell electricity in spot trades to IEC, without the need to commit on... |
Cement demand to rise on floods, China29 June 2010, Published under Cement NewsDemand for cement is expected to surge, as severe floods in southern China spur needs for reconstruction, said Taiwan-based cement manufacturers yesterday. Both Taiwan Cement Co. and Asia Cement Corp. operate cement plants in southern and central China. Taiwan Cement’s are in Guangdong and Guangxi Provinces, while Asia Cement’s are in Jiangxi, Hubei and Sichuan Provinces. They said production hasn’t hit a snag due to the deluge, yet logistics operations took a hit as shipping over rivers ... |