Cement News tagged: International
Andhra Cements to expand cement capacity
According to GP Goenka, Chairman, Andhra Cements, the company’s Phase I capacity is to be increased to at least three million tonnes from the current capacity at 1.7Mt. The cost is likely to be
Holcim to buy UK’s Foster Yeoman
Holcim Ltd said it has made a recommended cash offer, via its UK unit Aggregate Industries, to buy the privately-held UK heavy building materials company Foster Yeoman Ltd. Holcim would not comment on
CIMA and Vicat disagree over control
Cement Industries of Malaysia Bhd (CIMA) said talks to sell a stake in five of its units to France’s Vicat were unsuccessful because it was unwilling to sell a controlling stake, the Edge financ
Lafarge plans to invest more in its Moroccan facilities
Lafarge announced its plans to increase and refurbish its cement manufacturing capacity located in Morocco. The group has its manufacturing plants in Tetuan and Tangier plants, in northern Morocco. La
Lafarge in the race for Himachal
Lafarge is in the running for setting up an Al Sindi cement plant at Himachal Pradesh’s Mandi district. About half a dozen Indian firms are eyeing the project. This is Lafarge’s third attempt to set u
Beer, water and cement tax
Uganda’s Dr Ezra Suruma unveiled a budget designed to encourage savings, create a Ush100 billion ($57.1 million) Energy Fund to fight the crippling power crisis and allow President Yoweri Museve
Rajawali is credible investor says Minister
The Ministry of State Owned Enterprises finally concluded that Rajawali Corporation is a credible investor to acquire 24.9 per cent interest of PT Semen Gresik from Cemex. In the meantime Cemex said t
Relaxed procedures help ease imports into Qatar
Triggered by the construction boom Qatar still faces cement shortage, but the relaxed procedures have facilitated the import of about 3.8Mt of clinker and different types of cement in 2005. A study by
Cement factory for Afghanistan
Two private companies have agreed to launch three large projects in Afghanistan, including a hydropower plant, the construction of cold storages and the establishment of a cement factory. The pact w
Malaysia’s CIMA says resumed talks with Vicat
Cement Industries Malaysia Bhd (CIMA) said it has resumed discussions with French cement company Vicat SA for the latter’s plan to acquire controlling stakes in five CIMA subsidiaries. CIMA had
Turkish news in brief
Akcansa Cimento Sanayi, a cement company, sent a statement to the ISE and said that it did not participate in the capital increase of its subsidiary Enerjisa Enerji Uretim, an energy company, conseque
Vietnam assures consumers on supply and prices
Vu Van Hiep, deputy general director of the Viet Nam Cement Corporation (VNCC), this week assured the nation’s construction companies that there would be no serious shortages of cement and no addition
Semen Gresik sales down
PT Semen Gresik said sales in the five months to May fell 1.3 per cent year-on-year to 6.01Mt, led by a big fall in exports. It said domestic sales in the five months rose to 5.68Mt from 5.45Mt a y
Mayor approves inquiry into cement companies
Mayor Braulio Yaranon has approved a City Council resolution, which called for a congressional inquiry on the alleged overpricing of cement by select manufacturers. The resolution was passed on accoun
Block units hit hard by cement shortage
The ongoing cement shortage has badly affected the companies making cement blocks, said a report in a local Arabic daily. “Because of the shortage, we hardly can meet half of the demand from the const
Penden to produce cement in Bangladesh
The Penden Cement Authority Limited in Gomtu, Bhutan and a Bangladeshi company have agreed on a joint venture to produce cement, which is described as a sure ’win win situation’. Banglades