Cement News tagged: International
Indonesian cement increases by 5.9 per cent
The sales volume of domestic cement in January-November 2005 has increased by 5.9 per cent to 28.864Mt from 27.244Mt in the same period in 2004. However, the total volume of
Four cement projects in Khuzestan
Projects to implement four cement development plans in Khuzestan Province, Iran have already received required credit facilities and the existing capacity of 8500tpd would be
Indian coal supplies get expensive
Domestic coal may soon become dearer for the cement and steel and sectors. Apparently because these sectors have been asked to source at least 20 per cent of their needs from the open market.
Morgan Stanley, IFC US$200m bet on Conch
Conch Cement said 31 December that its parent would sell 180 million shares, or about 14.3 per cent of the share capital, to the two.
Indian building boom spurs cement capacity drive
Indian cement makers are pouring money into new capacity as builders race to meet orders for new homes and roads for an economy
Cementos Argos merger sealed at last
The merger of seven Grupo Empresarial Antioqueño (GEA) cement firms into Cementos Argos, formerly called Cementos del Caribe, has finally
Venezuelan President Establishes State Owned Basic Industries Co
The President of Venezuela, Hugo Chavez, established a National Company of Basic Industries with a decree issued on December 28, 2005
CRH buys stake in Spanish cement maker
In a report first mooted on CemNet back in January 2005, CRH, the Irish building materials company, has now just bought a 26.3 per cent
Anhui Conch Cement confirms MS-IFC investments
MS Asia Investment, an entity controlled by Morgan Stanley Private Equity Asia (MSPEA), Thursday announced here the signing of a definitive agreement
Indonesia’s Nov cement consumption up
Indonesia’s cement consumption, a good indicator of economic activity, rose 3.2 per cent in November from a year earlier, the country’s largest
Malaysia: tougher conditions in 2006
Cement and steel producers, whose businesses have been affected this year due to a weak construction sector, may face an even tougher
Birla group to consolidate cement units?
Close on the heels of the Aditya Birla Nuvo consolidation which gave Kumar Mangalam Birla an upfront 10 per cent increase in promoter’s holding
Lebanese cement sales
According to Assafir newspaper (December 27, 2005), official statistics show that the total delivered cement sold in the Lebanon
Mika Cement modernisation
Armenian cement producer, Mika Ltd has invested US$6.5m in Mika Cement LTD since its privatization in April 2001. Director General
Mexican cement production increases
Cement production in Mexico rose by 3.35 per cent in the first 10 months of this year, according to preliminary figures released by the national cement chamber (Canacem).
UAE cement demand improves
Cement demand in the UAE reached 12Mt in 2005, which is a 15 per cent year-on-year increase, according to the latest report of the UAE Ministry of Finance and Industry, it was reported on December