Cement News tagged: International
Vorotantim invests US$450mil in Florida, after the cement market
Votorantim Cimentos has wrapped up the acquisition of the concrete company Prestige in Florida (US) for US$200m and
1Mta Shuangma Cement project starts production
The first phase cement project with annual output capacity of 1Mt of Shuangma Cement Factory in Gongxian of Sichuan Province
Belarus, China negotiating investment for cement production upgrade
Belarus is currently in talks with China over drawing investments for upgrading Belarusian cement plants, Alexander Pankevich of Belarus’ Ministry for Architecture and Construction told reporters
Construction industry braces for cement shortage, Jamaica
Despite desperate attempts by the Government to prevent a wide scale shortage of cement the local building industry is bracing for disruptions come next month.
China National Building unit inks four China deals
China National Building Material Co Ltd (CNBM) said 75 per cent-owned unit Nanfang Cement Co Ltd has signed four separate deals that will eventually help the group expand its cement and clinker produc
Jamaica announces reduction in import taxes on cement
The Jamaica government has announced an 80 per cent reduction in the taxes paid by importers of cement as the island seeks to deal with a shortage.
Indonesia’s Gresik first half profit up 9.5 per cent
Indonesia’s largest cement maker Semen Gresik said Thursday its first-half net profit rose 9.5 per cent to IDR700bn (US$76.5bn) from a year earlier, on higher sales and better cost efficiencies
Ultratech Cement operations at Kovaya stopped due to flood
Ultratech Cement Ltd has announced that Heavy rains in the Amreli district of Gujarat have resulted in floods in the area
Chinese cement industry recovery is on track
Year to date, cement prices in Guangdong province have increased by RMB 50-60/t, or 16.7-20 per cent, to RMB350-360/t. This is reported
Ethiopia gets $208 mln China loan for power, cement
Ethiopia on Tuesday signed a $208 million loan agreement with China, to finance new power generation and expand a cement factory, according to the country’s finance minister said.
Turk cement firms to import 30% more coal by 2009
Turkey’s cement producers will import 30 per cent more coal by the end of next year compared with 2006, the chief coal purchaser for Turkey at concrete maker Cimpor Yibitas said.
Construction begins on Tongchuan Shengwei’s second production line
Construction on the second 4500tpd cement clinker production line of Tongchuan Shengwei Building Material Co, Ltd began on September 20th
New cement plant built in Quang Ninh province
Ha Long cement joint stock company, a joint-venture between Song Da construction corporation and Vietnam Oil and Gas Group, is building its 2.02Mt plant.
Cement companies queue up for facilities near mega power plants
Plans to build several 4,000MW ultra mega power projects in India are expected to have an interesting fallout—a major expansion of cement manufacturing capacity.
Lucky Cement likely to be key beneficiary
Lucky Cement is likely to be the biggest beneficiary of the ongoing regional cement supply shortfall in the Middle East and India as it is the only cement producer located near the Karachi port.
Basel Cement restarts Achinsk cement plant
Basel Cement has restarted cement deliveries from its Achinsk cement plant, the company’s first cement works in Russia.