Cement News tagged: International
South African cement makers may resort to imports
Demand for cement is reportedly coming dangerously close to capacityin South Africa, with some cement makers already contemplating imports. It is estimated that total production capacity in SA and its
Cement producers scale back January 2006 production
In January 2006, Russian cement producers turned out 2.7 per cent less cement than in January 2005. Russian enterprises produced 2.1Mt of cement. Over the period, the residential construction volume d
Mexico cement sales to US seen as tripling
Mexican cement exports to the US could more than triple from current levels once quotas are eliminated in three years, said Kenneth Smith Ramos, Mexico’s lead trade negotiator for North America.
Sebryakovtsement to invest RUR2bln in upgrade
On March 2, 2006 deputy general manager of Sebryakovtsement Aleksey Mikhin said that the plant started the active stage of investment program aimed at upgrading of production. For These purposes the p
Carib Cement insists it can meet demand
Caribbean Cement Company Limited is defending its ability to meet local demand. Concern has been raised in recent weeks that the country’s sole cement manufacturer might be struggling to adequat
Hanson is back in the game
Hanson has made a splash in the UK cement and aggregates sector with its purchase of Civil & Marine. The purchase made the company’s founder and chairman Mike Uren, some UK£245m richer. It was o
Cemex wants to sell Gresik stake
Cemex wants to sell its 25.5 per cent stake held by its Cemex Asia Holding Ltd unit Indonesian state cement firm PT Semen Gresik, Antara News Agency said. Cemex Asia Ltd sent a letter to the office o
TPI reports decline in profits
TPI Polene Plc projects consolidated sales growth of between 15% and 20% this year from 21.4 billion baht in 2005, according to senior vice-president Prasert Ittimekin. Thailand’s third largest
CIM shares rise to two-year high
Shares of Cement Industries of Malaysia Bhd (CIM) rose to their highest in two years on news that it is selling some assets to a French firm. The cement maker gained 16.1 per cent, to close at RM2.38
Taiwan Cement to sell Conch subsidiary stake
Taiwan Cement Corp said its unit TCC International (Jiang-su) Ltd is expected to realize gains of about US$3.57m from planned sale of shares in China-based Xuzhou Conch Cement Co Ltd for US$21.80m. Th
Cement majors post increase in sales
India’s cement majors have reported a substantial year-on-year increase in volume sales for the month of February. The Associated Cement Companies reported a 11.8 per cent increase in sales at 1.534Mt
Algerian cement consumptionin 2005
According to El-Khabar newspaper, Ayman ANIS, General Director Algerian Cement Company (ACC), a wholly owned subsidiary of Egypt’s Orascom Construction Industries (OCI), announced that the cement cons
Cement sector says budget offers nothing concrete
The Indian cement industry has termed Budget 2006 as a mixed bag. The emphasis on infrastructure growth will certainly boost cement demand, said industry officials. But Budget 2006 keeps cement positi
Bestway to revive Mustehkam Cement
Bestway Cement, Pakistan, has planned to start a project in Chakwal, having a capacity of 6000tpd and efforts are underway to revive Mustehkam Cement. The company said, in a notice, to the Karachi Sto
Anti-dumping – winners and losers
Mexico and the US plan to ratify on March 6 an agreement to end a long-standing trade dispute over cement, a spokesman for Mexico’s Economy Ministry said Wednesday. Economy Minister Sergio Garc
Aditya Birla shipments up
Aditya Birla group, India’s top cement producer, said on Thursday its February cement shipments rose 16.1 per cent from a year ago to 2.54Mt. The group, including flagship Grasim Industries Ltd.