Cement News tagged: International
Mexico nears cement deal with US
Mexico is close to a deal with Washington to end a 15-year cement fight over US duties after cement shortages in the United States forced the neighbours to end the dispute.
GCC not planning to pull out of Bolivia
Despite radical left-winger Evo Morales’ comfortable victory in Bolivia’s recent presidential elections, Mexican cement maker Grupo Cementos Chihuahua (GCC) is optimistic about its investm
Steppe Cement to get tax breaks, Kazakhstan
Karcement JSC, a subsidiary of AIM-listed Steppe Cement Ltd, has been given a five year tax exemption by Kazakhstan when it begins work on refurbishing dry kiln lines in 2006 and 2007.
Lafarge to invest more in Ecuador
Lafarge plans to invest US$12 million in its Ecuadorean unit Cementos Selva Alegre over the next three years, the chief financial officer of the Andean unit said Monday. The investment
Indonesia’s Semen Baturaja to launch IPO
State-owned cement producer PT Semen Baturaja said it will launch an initial public offering (IPO) this year and sell 40 per cent of its shares to the public. The company, which is located
Pakistani cement units penalised
The Monopoly Control Authority has imposed penalty of Rs 100,000, and Rs 10,000 per day, from the middle of November 2005, against 18 cement factories for non-compliance of its
Yemeni Al-Barh Cement Plant output
Yemeni state-run al-Barh Cement Plant in the southwestern governorate of Taiz produced a total 569,437t of cement in 2005, the plant’s director general Hussain Saeed al-Malaisi said
State and producers royalties dispute
Government and cement producers are reportedly in dispute over the companies’ refusal to pay a two per cent royalty in a development that has unearthed inconsistencies in the country’s min
Jiangxi joint venture, China
Jiangxi Wannianqing Cement Co, Ltd (Jiangxi Cement) announced on January 5 that the company has clinched an agreement with a building material company in Ganzhou city in
Domestic cement deliveries up 7.9%, Switzerland
The domestic cement deliveries in Switzerland’s cement industry increased by 7.9 per cent YoY to 4.268Mt in 2005, the local industry association Cemsuisse said.
TCL to supply cement to Antigua-Barbuda
The availability of cement on the local market to supply the construction industry, especially the new Sir Vivian Richards Stadium, has been the subject of attention over the past few weeks by the Ant
SAIL’s Bhilai joint venture: three cement cos in fray
Steel Authority of India Ltd (SAIL) is likely to choose one of three leading cement companies - Jaypee Cement, Shree Cement and Birla Corporation - for its proposed joint venture unit at Bhilai.
SHC suspends MCA order
A Sindh High Court bench suspended on Friday an order of the Monopoly Control Authority (MCA), directing cement manufacturers to bring down cement prices to the level of January-March 2003.
Removing dual sales tax on cement a good step
The Tamil Nadu chapter of industry FICCI on Friday said scrapping dual sales tax structure on cement and levying a uniform 14 per cent tax on all grades of cement at the first point of sale by the sta
Cement prices not yet to rise
Cement prices in Ho Chi Minh City have recently increased by VND12,000 – 15,000/t. Until now, the Government as well as cement makers have not signaled to rise cement prices yet
US to announce decision on cement imports
The US Department of Commerce (DOC) will announce on January 12 a decision on its review of the import tariffs it applies to Mexican cement, newspaper El Norte reported.