Cement News tagged: International
Lack of proper monitoring hindering due tax levying
The production of cement in Pakistan is not being strictly monitored in certain factories, which is hindering proper tax audit of the industry for levying taxes, reports the Business Recorder.
Cement price hike may backfire: Sabah Umno, Malaysia
The Economic Bureau of Sabah Umno Youth described the increase in cement price as not in the interest of the people at large.
Builders cry foul over backdated cement price hike
Builders and property developers’ are bracing themselves for losses after the Malaysian Government’s decision to backdate price hikes in cement, instead of giving them some lead time.
Texas Industries 2Q net income rises
Cement maker Texas Industries Inc. on Thursday said fiscal second-quarter net income rose sharply, helped by increased prices and a gain from a settlement.
Limak Cimento investments, Turkey
Gultekin Akyusek, general coordinator of Limak Cement Group, said that the company would build three cement plants this year.
An eventful year for Pakistan cement industry
The year that ended a few days ago was very eventful for the domestic cement sector as it witnessed very high prices, very low prices, cartel, then break-up of cartel, fights between manufacturers and
CRH expects to increase pre-tax profit by over 23% in 2006
CRH has put in another strong performance in the year just ended, the pre-tax profit rising by some 23.5% to approximately EUR1580m.
Tough year ahead for construction firms despite railway bidding
This year will be a tough one for construction firms, despite the government’s announcement that it will soon open bidding for contracts to build three railway lines totalling 118km and valued
Old zoning may allow new cement works
Zoning rules dating back more than 25 years may allow Holcim New Zealand to renew its decades-old plan for a cement works near Oamaru.
Demand for cement to grow by 9.5 per cent in five years, India
It is being anticipated by trade circles that demand for cement in India would grow at a 5-year cumulative annual growth rate of 9.5 per cent
No shortage of cement, say South African producers
With building expected to start on Cape Town’s 2010 World Cup stadium by the end of the month, cement suppliers are confident there will be enough material to meet increased construction demands
South Africa imports seen as ‘temporary measure’
With building expected to start on Cape Town’s 2010 World Cup stadium by the end of the month, cement suppliers are confident there will be enough material to meet increased construction demands.
India’s ACC Dec cement shipments up 3.1 per cent YoY
ACC Ltd, India’s second-biggest cement producer, said on Wednesday its December shipments rose 3.1 per cent to 1.65Mt from 1.60Mta a year ago.
Vinaconex cement grinding facility comes online
State-run construction biggie, Vinaconex, has commissioned a cement grinding facility in Ba Ria-Vung Tau to help meet market demand in Southern Vietnam.
JK Cement mulls 2Mt plant acquisition
In the midst of buyouts of Indian cement firms by foreign companies, home-grown JK Cement Ltd is keen to add a capacity of around 2Mt via an inorganic route.
Malaysian cement prices go up
The ceiling price for cement has been increased by between 3% and 10% effective immediately for peninsular Malaysia, with Sabah and Sarawak to follow later.