Cement News tagged: International
Secil boosts Angolan sales
Sales from the Tecnosecil cement factory in the port city of Lobito, Angola, increased by 61 per cent last year to reach a value of Euro 13.4m due
Semen Gresik: local cement sales increase
Indonesia’s largest cement maker PT Semen Gresik’s first half to June domestic cement sales grew 3.4 per cent year-on-year to 6.91Mt from 6.68Mt a year ago, according to a report from the
ACC Q2 net profit soars
Associated Cement Companies (ACC) posted a sharp growth in net profit for the second quarter as firm prices and gains from a non-operating transaction boosted the profitability of India’s second
Permit to build plant in Saudi jazan
A-Sharq Al-Awsat newspaper quoted Chairman of the Board of the Jazan Development Company Khalid bin Salih a-Shathari who announced in early June 2006 that the Company has received a permit from the Sa
Turkish cement demand grows Jan-May
National cement demand increased by 23 per cent in Jan-May, according to a report prepared by the branch association TCMB. Demand is estimated to have increased by a higher 25 per cent in June. To cov
Kabul grants licence to private cement company
Afghanistan’s Mines Ministry granted a licence to a private cement company that will invest US$140m in a new plant. Safi Brothers, which was the only bidder for the license, received the licence
Cement companies to post robust Q1 results, India
Cement companies are likely to report impressive June quarter results, driven by continuing demand growth and a sharp rally in cement prices.
GCC reports second quarter 2006 results, Mexico
Grupo Cementos de Chihuahua (GCC) announced consolidated results for the second quarter of 2006. Net sales in the second quarter of 2006 increased 48.7% to $1,934.9 million pesos. These gains reflecte
Carib Cement cleared of new allegations of faulty cement, Jamaica
Preliminary investigations carried out by the Bureau of Standards have cleared Caribbean Cement Company Limited of allegations that it was still releasing poor quality products to the market.
Lafarge launches three new products designed for road constructions, Romania
Lafarge Romania has released in Romania three new products for the construction of roads, motorways and road platforms, the company informs.
Heidelberg to buy Mysore Cement, India
Barely four months after entering India through a joint venture with Indorama Cement, HeidelbergCement is set to consolidate its presence through acquisition of a majority stake in Mysore Cements.
Anhui Conch to acquire three subsidiaries from parent
Anhui Conch Cement Co. Ltd. has announced that following a meeting of its board of directors, the company has asked for its shareholders’ approval to acquire three subsidiaries from its parent Anhui C
Peru Cement Output at 2.77Mt
Peruvian cement output stood at 2.77Mt for the first half of 2006, up 15.63 per cent year-on-year, according to data of the Peruvian cement producers’ association Asocem.
Lafarge’s cement project on track, South Africa
Lafarge South Africa’s cement business unit’s SAR1.2bn project - to increase its cement capacity by 1Mta - is on track and scheduled for finalisation and commissioning in 2008.
Pakistan cement production estimated at 33.8Mt by year-end
Pakistan’s total cement production capacity is projected by the industry to grow to 33.802Mt by the end of the current fiscal year and to 42Mt by 2009-10. Total production capacity of the cemen
Indonesia Government, Rajawali agree on voting rights for Gresik sale
The government and the Rajawali Group finally reached an agreement on voting rights, paving the way to closing the share sales deal that will make Rajawali a 24.9 per cent shareholder of state cement