Cement News tagged: International
More cement plants for Afghanistan
Afghanistan’s Mines Ministry said more new private cement factories would be established within three years to help in fulfilling 50 per cent of the country’s cement needs.
Cemex says higher prices of cement due to inflation and energy costs, Latvia
Cemex, owner of Latvia’s Broceni cement plant, has said that cement prices are to be raised due to inflation and increasing prices of energy resources, according to the company’s public re
Lafarge Morocco arm expands to meet demand
The Moroccan arm of Lafarge has launched a drive to expand in the north of the country, where it sees demand for cement growing by 20 per cent this year, its managing director said. It is now making t
Pakistan cement sales up 12.6 per cent
Cement sales during the last fiscal year showed a growth of 12.6 per cent, reaching at 18.4Mt - the highest number of dispatches made by the cement industry in its history. As against last three fisca
Indonesia approves Lafarge expansion plan
The National Investment Coordinating Board has approved Lafarge SA’s proposal to expand cement production capacity at its North Sumatra subsidiary PT Semen Andalas at an investment cost of US$45
Taiwan Cement sees record profits in 2006
Taiwan Cement Corp, the third-largest cement maker in China and Taiwan, expects this year’s profit to exceed the record T$5.70bn ($176m) profit it made in 2005, the company’s chairman said
Work starts on US$210m cement plant, Vietnam
Construction of a US$210m cement plant began in Tinh Gia district of central Thanh Hoa province on July 4. The plant, invested by the Cong Thanh Cement Joint Stock Company, has a designed capacity of
Lebanese company establishes factory in Suleimaniah
Suleimaniah’s General Director for the Promotion of Investments, Mahdi Sheran, has announced an agreement with Lebanese company GRD to construct a cement factory in Bazian.
Cimentos de Cabo Verde, Cape Verde
Sales at Cape Verdean cement company, Cimentos de Cabo Verde (CCV) rose 28 per cent last year driven by increased activity in the archipelago’s construction market, which is expected to continue over
Tokyo Cement’s net profits surge 89%, Sri Lanka
Tokyo Cement Ltd, the island’s biggest cement maker, said that its group net profits had jumped 89 per cent for the 12 months to March, boosted by sustained demand in the construction industry.
Ancap to continue selling cement to Argentina, Uruguay
Ancap of Uruguay and Camargo Correa, the Brazilian group that controls the Argentinian cement producer Loma Negra, have confirmed an extension to their current commercialisation deal that will take th
CRH current business outlook positive
CRH plc said Wednesday that it expects that profit before tax for the six months to Jun. 30, 2006 will increase by approximately one-third compared with the reported 2005 outcome of EUR383 million.
IFC signs loan for Yemen cement plant
The International Finance Corporation (IFC), the private sector arm of the World Bank Group, has signed a US$35m loan to National Cement Company in Yemen. IFC’s loan will support the constructio
Work starts on new cement plant
Construction of a US$210m cement plant began in Tinh Gia district of central Thanh Hoa province on July 4. The plant, invested by the Cong Thanh Cement Joint Stock Company, has a designed capacity of
Eurocement to pay after settlement with antitrust
Russia’s largest cement producer Eurocement will pay a 267 million ruble fine (US$10m) to the federal government, in accordance with an out-of-court settlement to its long-running dispute with t
CAF approves loan to Soboce
The Andean Development Corporation (CAF) has approved a US$25m loan to Bolivia’s largest cement producer, Soboce, CAF reported in a release. Local banks Banco Mercantil, Banco Nacional de Bolivi