Cement News tagged: International
Cement companies look at further investments, Indonesia
Some Indonesian cement companies are going to realize their investments to construct new plants in order to anticipate increasing market demands.
Iran’s largest cement plant to come on-stream
The largest ever cement plant of the nation is projected to come on stream in the second half of the current Iranian year.
Cemex and Rajawali close deal, Indonesia
Cemex Asia Holding Ltd has handed over a 24.9 per cent stake in state cement maker PT Semen Gresik to the Rajawali Group concluding a US$337m deal.
Cement output boosted to new highs, China
China’s cement output in the first half of the year hit a record high for a six-month period, up 20.9 per cent from the same period last year to 540Mt, the Xinhua-run China Securities Journal re
Heidelberg hungry for more in India?
Hot on the heels of its Mysore Cement acquisition, German major HeidelbergCement is now planning to further increase its presence in India
Construction of new plants, Indonesia
Indonesia’s PT Semen Gresik plans to build a IDR3.5 trillion new cement plant next year in an effort to boost long term sales, its finance director said.
Madras Cements posts four-fold rise in net profit, India
Madras Cements Ltd has posted a net profit of Rs 78.85 crore for the quarter ended June 30, a 4.3 times jump over the Rs 18.06 crore reported in the corresponding period last year. Sales during the pe
OCI launches new plant, Pakistan
Orascom Construction Industries (OCI) announced that cement and clinker production at its new plant in Pakistan has commenced onschedule. OCI subsidiary Pakistan Cement Company (PCC) owns the property
Government sells off Portland Cement, Tanzania
The Government of Tanzania is planning to sell 53,975,900 ordinary shares it holds in the Tanzania Portland Cement Company (TPCC).
Gresik books 20 per cent rise in 1H profit, Indonesia
Semen Gresik Tbk booked an increase of 20% in its revenue to over IDR3.5 trillion in the first semester of this year from the same period last year.
Ministry and industry to meet over price increases, Jamaica
Finance and Planning Minister, Dr. Omar Davies and Industry, Technology, Energy and Commerce Minister, Phillip Paulwell are scheduled to meet with the management of the Caribbean Cement Company Limite
Housing Agency to decide on cement procurement, Ethiopia
The Addis Abeba Housing Agency, which collected proof of purchase from international companies for the supply of cement in its construction of 65,000 houses, said it will reach its decision this week.
Lafarge to invest $450m in two plants, Indonesia
Lafarge is planning to build two new cement plants in Indonesia, a senior government official told Dow Jones reporters on Thursday.
Twiga Cement set aside US$100m for investment
Tanzania Portland Cement Company Limited (TPCC), says it has set aside USD100m as capital investments in the next three years to keep abreast with rising cement demand, and warned it might not declare
Lafarge inaugurates its first cement grinding plant in Vietnam
Lafarge, which first moved into the Ho Chi Minh City region in 2001 with ready mix concrete operations, has just inaugurated its first cement grinding plant on the Long Tau river, 25km south-east of H
CIMA receives fresh offer from Vicat, Malaysia
Cement Industries of Malaysia Bhd (CIMA) said it has received a fresh offer from French cement company VICAT to acquire stakes in its subsidiaries.