Cement News tagged under: international
Chinese plan US$12.5m white cement plant in Lindi21 June 2010, Published under Cement NewsA Chinese firm will construct a US$12.5m cement factory in Lindi, south of Dar es Salaam, starting this September. With a capacity of 300,000tpa, the factory is expected to strengthen Tanzania’s position as a cement supplier in East Africa. The firm’s country representative, Feng Hu said in a telephone interview last week that Lee Building Materials Ltd will specialise in white cement, which is not produced in abundance locally. “We also hope this will boost the district’s economic prowes... |
Spanish cement consumption falls 16.7 per cent in May21 June 2010, Published under Cement NewsIn the first five months of the year, domestic sales of cement have been reduced by 17 per cent compared with the same period last year, and equate to 9.3Mt. Total consumption in the same period has fallen slightly less, 16.7 per cent and amounts to 9.6Mt. Integrated cement plants have produced 1910t in May, this figure represents a decrease of 13.3 per cent compared to that produced in the same period of 2009. The downturn has been offset by a higher rate of exports. So, until last month ... |
May YoY cement sales in Germany slightly up21 June 2010, Published under Cement NewsThe German cement industry registered 2.22Mt of domestic cement sales in May 2010 – up 0.5 per cent from 2.14Mt in May 2009. From January 2010 to May 2010 the industry recorded 7.66Mt of domestic cement shipments, whereas over the same period in 2009 cement shipments amounted to 8.22Mt. While the month of May was better than a year ago, the overall cement sales for the period from January to May are still down on last year’s figures by some 6.29 per cent. German cement industry statistics... |
Semen Gresik to acquire kraft paper producer18 June 2010, Published under Cement NewsIndonesian state owned cement maker PT Semen Gresik will establish a joint venture with Japan’s Marubeni Corp to acquire kraft paper producer PT Kertas Kraft Aceh (KKA), according to reports by Asia Pulse. Semen Gresik, which needs KKA to guarantee supply of kraft paper for cement bags will holds the majority stake in the joint venture, Minister for State Enterprises Mustafa Abubakar said yesterday. KKA, which has an installed production capacity of 135,000 tons of kraft paper, will need a c... |
Pakistan prices on the up18 June 2010, Published under Cement NewsCement manufacturers in the Northern region have pushed up price of 50 kg bag of cement by PKR40 after the budget to PKR285-290 from PKR245-250, according to local reports. In other parts of the Northern region, a 50 kg bag was available at PKR280-285 as compared pre-budget price at PKR260-265. However, cement makers in Southern region said they have not raised prices yet. Chairman, All-Pakistan Cement Manufacturers Association, Asmat Ullah Khan Niazi, linked the price-hikes to the April pow... |
Vietnamese prices weaken18 June 2010, Published under Cement NewsRetail prices for bagged cement are reported at VND69,000-70,000 per bag from Ha Tien 1, VND68,000-69,000 from Holcim, and VND65,000-66,000 from Nghi Son Cement, falling VND1,000-1,200 per bag on average. According to retail stores, cement consumption is weaker compared to the same period last month with estimated reduction of 40-50%. |
Akcansa looks to Azerbaijan18 June 2010, Published under Cement NewsTurkish cement company AkcansaCement (Sabanci Group), has indicated an interest in entering the Azerbaijan market, according to a report by ABC. AZ Daily News. “We intend to study Azerbaijani market. We are ready to consider work prospects in Azerbaijan depending on demand for cement and begin implementing long-term projects,” a representative of Akcansa is reported as saying. Cement output in Azerbaijan reached 470,800t in May 2010, up 0.1% versus May 2009; unsold stocks equalled 26,100 on... |
Bulgarian cement factories operating at half capacity18 June 2010, Published under Cement NewsCement exports from Bulgaria have plummeted in the last two years, especially exports by sea across the Black Sea, Alex Car, General Manager of Deynya Cement (Italcementi) has told local agency BTA. This is both due to the global downturn and to the very strong euro, Car said. Cement sales by the plants in Bulgaria halved in 2009 from 2008 due to the economic crisis. The industry was also hit by the harsh winter. "We expect a further drop in sales in 2010," he said. Both Bulgarian plants, D... |
Indian producers face lower profitability18 June 2010, Published under Cement NewsA sharp fall in demand, excess capacity and the onset of South-West monsoon may hamper the profitability of Indian cement manufactures for the next few quarters, according to a report in the Hindu Business Line. Monthly cement dispatches reported by most leading cement manufacturers such as ACC, Ambuja Cement, UltraTech Cement and Grasim Industries have shown a steady fall when compared month-on-month in last two months. Cement sales year-on-year also grew at a lower pace of 8.1 per cent i... |
Asia Cement Corp to boost capacity18 June 2010, Published under Cement NewsAsia Cement Corp has announced a five-year development plan with a target to boost total annual capacity to in excess of 37Mta in Taiwan and China within five years, making it one of the top-10 cement producers in the Greater China market, according to the Taiwan Economic News. Asia Cement will also speed up the development of the downstream premix concrete business, aiming to bring total annual output to 5.5 million cubic meters in Taiwan and China this year. Asia Cement said it will adop... |