Cement News tagged: International
HeidelbergCement Buys majority stake in Kartuli Cement
HeidelbergCement AG said Tuesday it has bought a 51 per cent stake in Georgian cement producer Kartuli Tsementi, investing for the first time in the Caucasus region. The Georgian planthas a capacity
Cement plants working at full tilt, South Africa
Cement plants are creaking under pressure from rising demand, and some of SA’s largest cement makers have experienced breakdowns at plants that are being run flat out, reports Businesss Day.
Malaysia’s CIMA targets five per cent revenue growth in 2006
Cement Industries of Malaysia Bhd (CIMA) said on Monday it aimed to boost revenues and return on equity this year. The cement maker said in a statement to the exchange it was targeting five per cent r
Qatar cement shortage
A serious shortage of cement has hit the construction industry in Qatar, reports The Peninsula
Venezuela to set up US$221m cement plant
Venezuelan President Hugo Chavez announced that the country will set up a US$221m cement plant in Maturin, in the Venezuelan northern state Monagas.
China’s output of cement in March 2006
China produced 92,636,700t of cement in March 2006. The output in January-March reached 215,547,900t, up 23.3 per cent YoY according to the National Bure
Vested interests could win in Cemex sale
An acute lack of leadership on the part of President Susilo Bambang Yudhohoyono’s government to act decisively on unpopular, yet good, measures, is an apt way to describe this ongoing business s
Cement prices up due to demand, not cartel
The Indian cement industry is in the midst of an unwanted controversy. With the prices rising, Commerce Minister Kamal Nath had accused the industry of forming a cartel. Nath asked the industry to cut
Cement production to start in Laos
The production of cement at the Saravane cement factory, Laos, will start at the end of this year, according to a local source. The construction of the factory has so far been 70 per cent completed a
Lafarge improving in Malaysia
Lafarge Malayan Cement Bhd, which swung into the black in the first quarter of the year, expects to continue as the local market leader this year, riding on improved operational efficiency and increas
Akcansa to invest US$135m in capacity increase
Turkish cement producer Akcansa will invest US$135m to raise the capacity of its cement plant in Canakkale, western Turkey, company general director Mehmet Gocmen said on May 19, 2006. The project is
Indonesia’s Semen Gresik four month cement sales
PT Semen Gresik said its four months to April cement sales reached 4.73Mt, up 1.4 per cent year-on-year, with a heavy fall in exports offsetting gains in local sales. It said domestic sales in the f
Cement sector set to grow steadily
China’s cement industry will likely see a steady recovery following a consolidation that will close smaller inefficient firms while a booming economy will spur domestic demand, Morgan Stanley said. "W
Five new cement plants to become operational
Five new cement plants with a total capacity of about 3.75Mt will become operational in the current year (Iranian year ends March 20), an official at the Ministry of Industries and Mines said, MNA rep
Pakistan cement firms cut output
With declining trend in cement prices being witnessed for the last few weeks, some cement firms have reduced their production by over 30 per cent during the last one month. The production of cement, w
Dam cements place in Chinese history
After 13 years of immense effort and technical ingenuity, China has put