Cement News tagged: International
Sharing the burden - Chinese style
Chinese cement maker Anhui Conch said it will pay up to 1.875bn yuan (HK$1.766bn) in freight charges from 2004 to 2006 to Shanghai Conch Logistics, a subsidiary of Anhui Conch’s parent. Under t
Turkish Nuh Cimento sells power plant
Turkish cement and clinker producer Nuh Cimento sold its 36.5 MW power plant in Gebze, northwestern Turkey, for 35.5 trln Turkish lira ($24.5m) to energy company Nuh Enerji, both part of Nuh Group. T
Further restructuring to come at RMC
The RMC Group is expected to announce a further series of restructuring measures towards the end of June, when the current review of the new chief executive, Mr. David Munro, as well as negotiations o
Cemex To Invest $100m in Mexico
Mexican cement producer Cementos Mexicanos SA (Cemex) will invest $100m in Mexico in 2004, out of the company’s $400m worldwide investments planned for 2004, Cemex president and general director
Gujarat Ambuja looking for acquisitions
Gujarat Ambuja Cements will be scouring its own territories in the North and West regions of India for acquisitions, according to local reports. "Our penetration is deep in Gujarat, Maharashtra, Punja
India Associated Cement price rise likely
Associated Cement Companies Ltd (ACC), India’s second largest cement producer, is likely to raise prices this week due to strong demand, a senior executive told Dow Jones Newswires Tuesday. "Lo
Cementos Lima Q1 profits
Cementos Lima, Peru’s leading cement producer, has reported an increase in net profit of 3.6 per cent for the first quarter 2004 on net sales of 137mn soles (US$39.4m) compared to 132m in the sa
Huaxin Cement commissions new line
Huaxin Cement recently opened a clinker line in Weiyuankou, Yangxin county, Hubei province, central China, with a production capacity of 6000tpd. The line will increase the annual cement production c
Somaliland to reopen cement factory
The Somaliland president, Dahir Riyale Kahin, has announced plans to re-open the Berbera cement factory, after it had been closed for more than a decade. Mr Riyale said the factory could employ thous
President opens US$100m Domicem works
The Dominican Republic’s President Hipólito Mejía inaugurated a US$100m cement plant for company Domicem, the Diario de Hoy reported. The plant, located in south-central San Cristóbal province,
Taiheiyo Cement To Resume Spending Abroad To Boost Output
Taiheiyo Cement Corp plans to ramp up its cement production overseas, starting with an investment of more than 10bn yen for a factory in the U.S. state of Arizona.
China’s cement output increases 23.8 percent.
China’s output of cement reached 180.30Mt in the first quarter of this year, an increase of 23.8 per cent over the same period of last year, according to statistics from the State Development and Refo
Diamond Cement hopes of doubling production
Diamond Cement Ghana Limited (DCGL) is poised to double its current average daily production of 50,000 bags to 100,000 if the favourable market it has so far captured and the current demand level cont
Cement plants hope to offset losses with exports to Iraq
Leading cement companies are expected to increase their exports to the promising Iraqi market this year despite the security deterioration in some parts of the country. Lebanon exported 600,000t of ce
Ash Grove, Alamo team up on Houston terminal expansion
Ash Grove Cement Co. and San Antonio-based Alamo Cement Co. have announced a venture to build a Port of Houston cement terminal with annual throughput capacity of 1.5Mt. The venture will add a 100,000
Turkish Cimsa targets 900,000t sales in 2004
Turkish cement producer Cimsa targets to increase its white cement and clinker sales to 900,000t in 2004, from 800,000 in 2003. Cimsa is seeking to expand on the Russian market. The company has captur