Cement News tagged: International
Barloworld To Spin Off PPC, CEO Steps Down
Barloworld Ltd is to spin off its majority stake in Pretoria Portland Cement Co and return about ZAR1bn, or $143m, to shareholders in 2007 as part of the South African industrial company’s efforts to
Barloworld To Spin Off PPC, CEO Steps Down
Barloworld Ltd Monday said it will spin off its majority stake in Pretoria Portland Cement Co and return about ZAR1bn
SCG upbeat on investment outlook; Thai fundamentals remain attractive
Siam Cement Group (SCG), the country’s largest industrial conglomerate, believes Thailand’s economic fundamentals remain attractive enough for foreign direct investment (FDI) next year des
Inteko and BasEl construction of new plants
Inteko, a company owned by Yelena Baturina, and Basic Element (BasEl), which belongs to Oleg Deripaska, are to build four cement plants that will be able to produce a total of about 10Mta of cement,
TCL Group cement reaches Guyana market
The first bags of cement packed at the TCL Guyana Incorporated (TGI) cement packaging terminal have reached local markets.
Holcim to up capacity in India
Holcim is scaling up its Indian cement capacity by another 6Mt.
Siam Cement Industry aims to dominate Asean
iam Cement Industry, a subsidiary of Siam Cement Group, aims to be the leading company in Asean in line with its parent company’s policy of boosting the proportion of its international business
Cement prices increase during shortages
The recent building boom in and around Durban has led to a shortage of cement in the city, with the problem worsening.
Malaysia’s CIMA says Vicat’s offer for units remains valid until Jan 30
An offer by French cement firm Vicat to acquire equity interests in five of Cement Industries of Malaysia Bhd (CIMA)’s units will remain valid until Jan 3
Lafarge finalises R1.1bn BEE deal
French construction materials group Lafarge said on Friday that it had concluded the R1,1-billion broad-based socio economic empowerment deal, that resulted in the sale of 26% of its South African min
Gresik November cement sales up 44%
PT Semen Gresik’s cement sales in November grew 44 per cent YoY on the back of a 50 per cent increase in domestic sales, an Indonesian Cement Association (ASI) report said.
Zambia falls short of cement as economy grows
Zambia is experiencing a critical shortage of cement prompting traders to increase prices.
Lafarge sells Yibitas Lafarge stake to Cimpor
Lafarge is withdrawing from its direct joint venture with Yibitas after 12 years.
Cement price rockets as boom causes shortages
The recent building boom in and around Durban has led to a shortage of cement in the city, with the problem worsening.
CCL says expansion project is on target
Officials of Caribbean Cement Company Limited (CCL) say its expansion project aimed at doubling the plant’s production capacity is on track for the scheduled mid-2008 completion.
Votorantim invests in cement distribution centres
Votorantim Cimentos has inaugurated yesterday its 13th distribution centre in the North & Northeast regions, located at Teresina (Piaui), which will attend 43 municipalities and Belem city (Para)