Cement News tagged under: Trading

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New highway in Paraguay

17 November 2004, Published under Cement News

The executive project report on plans to pave Paraguay’s Concepcion-Vallemi highway will be ready for presentation to the River Plate basin development fund (Fonplata) by end-January, the public works and communications ministry said.   The ministry is seeking Fonplata funds to finance the US$65m, 180km project. Paving works could begin by end-2005, minister Alberto Alderete said in the statement.  Paraguay’s state cement company Industria Nacional del Cemento (INC), which has pledged to supp...

Three Arrested for cement theft

17 November 2004, Published under Cement News

Police authority in Monrovia has confirmed the arrest of three persons in connection to an alleged dubious act of reducing the quantity of cement produced by CEMENCO from its original size of 50kg, thereby making the public to believe that the corporation was reducing its products to the detriment of its customers. The suspects were arrested on last Friday on board a truck marked TT-0113 that was conveying cement. According to an investigation conducted by this paper, the three suspects w...

Demand for cement estimated 33Mt by 2008

15 November 2004, Published under Cement News

According to Al-Sharq Al-Awsat newspaper (November 11, 2004), a recently publicised study by the Egyptian Hermes Group foresees the demand for cement in Saudi Arabia to continue to grow until 2008. The study foresees a downward trend in the demand for cement in the Kingdom through the years 2008-2012. The study estimated the cement consumption in Saudi Arabia at 33Mt in 2008 compare with current 22Mt.  

Aditya Birla Group launches UltraTech in Hyderabad

12 November 2004, Published under Cement News

Launching UltraTech Cement, the new name of L&T Cement, in Hyderabad on Wednesday, OP Puranmalka, executive president and chief marketing officer of UltraTech Cement Limited, Aditya Birla Group, said that nothing has changed except the name. "What was earlier L&T Cement now becomes UltraTech Cement. The quality, the technology, the plants and the people remain unmatchable," he said.   Puranmalka said that UltraTech Cement will continue to be manufactured in the state-of-the-art plants at...

German cement prices

10 November 2004, Published under Cement News

Domestic cement prices are up by an average Euro 12/t from the Euro 30-35/t from 2003. No further market share losses in H2 04. Volumes expected to fall for the national market by four per cent in 2004 and four per cent in 2005. Price hike of Euro 9.5/t announced for January 2005 (Exane BNP Paribas).

Mary Nour detention unlawful

10 November 2004, Published under Cement News

With the Mary Nour still docked at the Port of Altamira, Tampico, and the Altamira Customs insisting that the this Panamanian registered vessel should not be allowed to leave, undock or move at all from where it is docked until further notice, the Mexican General Directorate of the Merchant Navy, under section 30 of the Maritime Act has officially complained to the Customs authorities over what it sees as an illegal detention. “This is to advise you that we have received from the Shipowne...

Associated Cement Companies statistics

09 November 2004, Published under Cement News

ACC production and despatch figures for the month of October 2004, are as follows:   October 2004 Cement production 1.394Mt. Cement despatches 1.402Mt October 2003 Cement production 1.268Mt. Cement despatches 1.232Mt. Cumulative April-October 2004 Cement production 9.381Mt. Cement despatches 9.388Mt.    April-October 2003 Cement production 8.789Mt. Cement despatches 8.754Mt.

Saudi cement sales

08 November 2004, Published under Cement News

According to Al-Riyadh newspaper (November 4, 2004), official sources estimated the total cement sales in Saudi Arabia by the local companies at SR 4bn in the first nine months of the current year compared with SR 3.7bn in the corresponding period of last year. The same sources added that the total local cement deliveries rose from 16.9Mt to 18.4Mt in the same period.

Mexico cement output seen as rising

08 November 2004, Published under Cement News

Mexico’s cement output will grow about 3.5 percent in 2005, slightly down from the 4.0 per cent expected this year, the country’s main industry group said on Friday.  "The cement industry is closely linked to the performance of the economy. We expect to grow around 3.5 percent, in line with growth in Mexican gross domestic product for 2005," Osmin Rendon, director of the National Cement Chamber (Canacem). Cement production totaled 22.2Mt in January to August of 2004, up 3.2 percent from ...

German Heidelberg Cement To Raise Prices in 2005

08 November 2004, Published under Cement News

German cement company Heidelberg Cement is planning to raise the price of cement by Euro 9.5 (US$12.24) per tonne as of January 2005, for the third time in a row, so as to take advantage of the improved market situation in Germany, it was reported on November 5, 2004. At the same time, the company also wants to improve the conditions of its Euro1.07bn (US$1.38 bn) credit from 2003 as well as to extend its duration. With this step, Heidelberg Cement will aim at further improvements of its fina...