Cement News tagged: International
Consumption up 5.1%, Spain
Cement consumption in Spain rose by 5.1 per cent YoY to over 46.8Mt in the 11 months to November 2005, the Spanish cement makers association Oficemen said. Cement output in
Akmenes lifts Jan-Nov sales to EUR33m
Lithuania’s only cement manufacturer, posted sales of LTL113.93m EUR 33m) for the first 11 months of this year, a rise of 16 per cent from sales of LTL98.25m a year earlier.
Teixeira Duarte boosts stake in Cimpor, Portugal
Portuguese construction group Teixeira Duarte spent EUR60m to boost its stake in the share capital of local cement producer Cimpor from 20 per cent to over 22 per cent.
Update on Ilam project
Construction works on the second phase of Ilam cement plant is underway with 27 per cent now complete. All the equipments for the development has been purchased and imported,
Semapa to book EUR390m gain from Enersis disposal
Portuguese cement and paper group Semapa SGPS expects to book a gain of EUR390m from the sale of its 90 per cent in the Enersis renewable energy business to Austrialian investment company Babcock & Br
Saudi Cement Company to invest in two new lines
Embarking on one of the largest regional cement projects, Saudi Cement Company (SCC) is investing around SR2.2 billion (US$578m) to step up production and meet steadily rising local and regional deman
Padang continues to improve
Cement maker PT Semen Padang in West Sumatra targets a 56.15 per cent increase in net profit to Rp212.23 billion (US$21.2m) from this year’s target of Rp135.91 billion. The subsidiary of state-o
Buzzi Unicem to add 1Mt of capacity in the US
Buzzi Unicem is investing US$262m to increase capacity at the Buzzi Unicem USA works at Selma, Mo. A new five stage preheater / precalciner kiln is to replace two existing long dry kilns. The works,
US considers implementing 3Mt cement import quota, abolishing tariff
The US Department of Commerce (DOC) intends to set up a 3Mt import quota for Mexican cement in place of the 55% anti-dumping tariff currently charged, Mexico City daily Reforma reported.
Infrastructure projects to boost cement demand
Despite a predicted fall in consumer purchasing power as a result of higher interest rates, cement demand is expected to remain high in 2006 with a boost from government and private sector spending on
Peru’s November sales rise 13.3 per cent
Peru’s overall cement sales in November rose a sharp 13.3% to 432,110t from the 381,250t sold in the same month a year before, the National Association of Cement Producers, or Asocem, said Thurs
Cement production up by 34 per cent, Ukraine
In November, cement production rose by 34% compared with November 2004, to 941,000t, the State Statistics Committee disclosed. In November, cement production fell by 23.4% to
Lafarge announces further increases in cement capacity
The Paris-based global leader in cement is spending €125m in a new kiln and associated production facilities at its Russian subsidiary Voskresenskcement’s existing works, raising the cement capa
Taiwan Regulator fines cement cartel
Taiwan’s Fair Trade Commission said Thursday it fined 21 local cement companies a total of NT$210m (US$6.3m) for price fixing between 2000 and 2003. Almost all of Taiwan’s major cement ma
Holcim Inaugurates first concrete plant at Cat Lai
Holcim Vietnam on December 9 inaugurated its new concrete plant in Cat Lai in southern Ho Chi Minh City’s District 2. The factory, capitalized at $3 million, covering 15,000m2, has the capacity
UAE Cement Sector Outlook
Projects currently under execution in the GCC, Iran and Iraq are in excess of US$697bn. Out of these, UAE is believed to account for about 32%, or US$224bn worth of projects. Out of an amount of US$29