Taiwan Cement to benefit from mass plant closures in China
China’s determination to shut down outdated capacity could provide an opportunity for Taiwan Cement, which envisages a 10 – 15% increase in shipments to China this year.
China’s determination to shut down outdated capacity could provide an opportunity for Taiwan Cement, which envisages a 10 – 15% increase in shipments to China this year.
The holiday period combined with the rainy season led to a fall in sales for most producers in Pakistan, with a few exceptions.
Reports suggest that Investment Board of Nepal is set to approve a proposal by the Dangote Group to invest US$800 million in a new cement plant.
Two expansions and one new plant will make up a combined Rs.3000 crore investment in eastern India.
Smaller cement producers without captive power plants claim huge hike in electricity tariff is unfair, when natural gas tariff increase is significantly lower.
Thailand’s Siam Cement Group has announced plans to expand into Myanmar, across Indonesia and Cambodia, and is considering an investment in India.
Despite China’s enormous overcapacity, Anhui Conch Cement Company’s 1H13 results show continued double digit growth in volumes and sales.
The MacGregor cement handling systems are designed to carry three grades of cement at 1000 tph capacity.
Loesche wins a contract to supply the new cement production line at Tubafa with a VRM for clinker, gypsum and limestone grinding.
Thailand’s SCG is to construct a 1.8 million t cement plant in Mawlamyine.
Local press is reporting that UltraTech might be about to acquire JP Associates’ 4.8 million t Gujarat plant.
Australia’s Boral Limited has reported its results for the full year ending 30 June 2013, which show a net loss after tax of AU$212 million due to costs of significant items.
Two cement plants have been closed and sixteen further plants have been banned from supplying products that do not have the Nepal Standard mark.
Loesche wins contract to supply grinding technology to new line at Indocement’s plant in Indonesia.
The company has completed a round of spending on capacity expansion, upgrades and environmental projects and is looking to the future.