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PCAL declares 70% dividend 20 April 2009 particularly gloomy, said Tshering Phuntsho. Market in India too showed a downward trend. "With the finalization of 10 hydro power projects coming up, however, we hope that this year will witness a promising domestic market," he said, Kuensel reported.... Type: Article Category: Financial Bolivia and Venezuela building new cement plant 18 April 2009 to Bolivia, we have worked on geological surveys in tandem, in order to build a cement plant," said Minister of Peoples Power for Basic Industries and Mining, Rodolfo Sanz, Los Tiempos reported. The Venezuelan minister explained that the bi-national... Type: Article Category: Mergers & Acquisitions Holcim Philippines profits off by half 16 April 2009 Philippines said the P2,3-billion increase in cost of sales and freight services was mainly due to the P1-billion hike in power and fuel costs, P450,8-million increase in the prices of raw, packaging and production materials, and the P403,3-million... Type: Article Category: Financial Holcim Philippines profits off by half 16 April 2009 Philippines said the P2,3-billion increase in cost of sales and freight services was mainly due to the P1-billion hike in power and fuel costs, P450,8-million increase in the prices of raw, packaging and production materials, and the P403,3-million... Type: Article Category: Shipping & logistics JK Lakshmi Cement fires up plant in Ahmedabad 13 April 2009 products to the customers, we have introduced state-of-the-art Ready Mix Concrete (RMC) with the brand name "JK Lakshmi Power Mix", which has become a preferred brand within a short span of time. Currently, the company has 11 fully operational RMC... Type: Article Category: Plant Expansions Votorantim announces opening of cement plant in July 02 April 2009 of the required clinker by truck, with the balance by barge. The new factory will supply cement for the construction of hydropower plants. The forecast is that the peak of the power plant construction will be in July of next year, when the plant will be... Type: Article Category: Plant Expansions Indocement profits rise, but expects sales to fall 20 March 2009 to avoid adding new supply. "Economic slowdown, tight liquidity and lower commodity" prices are affecting the purchasing power of farmers and miners, and reducing demand from construction, Kartawijaya said in an interview with The Jakarta Globe. Still,... Type: Article Category: Financial Cement co's in Orissa told to use 25% of fly ash 17 March 2009 drawn the attention of the state government as additional 5 million ton of fly ash are likely to be generated by the thermal power plants which have signed the MoU with the Orissa government for setting up power plants, the Business Standard added.... Type: Article Category: Markets & Competition Semen Gresik seeking to avoid price war 17 March 2009 we plan to start construction of our two new cement plants in Pati,Central Java, and Pangkep, South Sulawesi, and two power plant projects, later this year," The Jakarta Globe added. Each of the two new cement plants will have an annual production... Type: Article Category: Markets & Competition Semen Gresik seeking to avoid price war 17 March 2009 we plan to start construction of our two new cement plants in Pati,Central Java, and Pangkep, South Sulawesi, and two power plant projects, later this year," The Jakarta Globe added. Each of the two new cement plants will have an annual production... Type: Article Category: Markets & trade Nepal's largest cement factory shut down 13 March 2009 of electricity. Nepal's largest cement factory is said to incur a loss of Rs 4,5 million to Rs 5 million per day due to a power shortage. (CW Group) The Nepal Electricity Authority (NEA) is supplying power from just 4 to 11 am despite its promise to... Type: Article Category: Markets & Competition United Cement's Mfamosing factory starts production 04 March 2009 the South-South and South-East regions of Nigeria" he added. He said that the major problem facing the plant is the issue of power supply as it runs the engines with diesels 24 hours per day which amounts to hundreds of thousands of Naira monthly. The... Type: Article Category: Plant Expansions Adani to enter India cement sector 03 March 2009 clinker unit in Kutch for an estimated investment of Rs 1800 crore. [$] (CW Group) Adani is currently building a 4.600 MW power project in Mundra which together with TataÔÇÖs UMPP in the same area is expected to generate about 4 mtpa of fly-ash, the... Type: Article Category: Plant Expansions Reliance to set up plant in Uttar Pradesh 01 March 2009 from Teliance's integrated cement plant at Satna in Madhya Pradesh. Fly ash would come from the 1.200 MW coal-based thermal power plant Reliance proposed to build in Roja in the Shahjahanpur district. The first unit of 600 MW capacity is targeted to be... Type: Article Category: Plant Expansions Kenya demand surges 36%, but outlook weak 18 February 2009 warn that the growth rate will slow down this year as they factor in the effects of the slowing economy. The purchasing power of the middle class is expected to drop as donor countries scale down developmental loans awarded to poor nations due to the... Type: Article Category: Volume & Pricing CRH falls on report of Ôé¼1BN rights offering 16 February 2009 "CRH bolstered its balance sheet using a deeply discounted rights issue, surprising the market, but reinforcing its buying power when asset prices were cheap," Bloxham analyst Kevin McConnell said in a report. McConnel added: "With CRH competitors faced... Type: Article Category: Financial India demand to rise with government programs 07 February 2009 in the 11th Five Year Plan. This plan includes building road infrastructure which will require 75 million tons of cement and power infrastructure that demands around 45 million tons of cement. Apart from this, railways, urban infrastructure, ports,... Type: Article Category: Markets & Competition Iraq's Kufa plant buys generators from Finland 07 February 2009 Southern Cement Company has received six large power generators to supply its Kufa cement plant with electricity. Each one of the generators have a 5MW capacity. (CW Group) Nasir Idris, general director of Southern Cement Company, said that the power... Type: Article Category: Equipment Paraguay kilns shut down on lack of fuel oil 03 February 2009 Trucks that are transporting oil to power Industria Nacional del Cemento's (INC) Vallem├¡ plant in Paraguay, have not been able to reach the plant due to bad road conditions, INC's president Optaciano Gomez Verlangieri said today. As a result, clinker... Type: Article Category: Markets & Competition Semen Gresik enlists Credit Suisse for expansion 31 January 2009 plan to spend $1,4 billion between 2009 and 2012 in capital expenditure, including the construction of two factories and a power plant, the newspaper wrote. Of the total capital expenditure, around 30% would be spent this year, Dwi said. The company is... 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