Cement News tagged: International
China’s Conch Cement nears acquisition, China
China’s biggest cement maker Anhui Conch Cement Co is to acquire a smaller peer, people close to the deal said.
Taiwan’s Cement makers to see growth in gross profit margins
Taiwan’s leading cement producers, including Taiwan Cement Corp. and Asia Cement Corp., are expected to see their gross operating margins increase by two percentage points in tandem with a 5% hi
Cement supply in region 12 stable, Philippines
Regional Sales Head of Holcim Philippines Mr. Ernesto Paredes said that they will not implement price increase despite the temporary shortage of cement in the region.
Pivdentsement increases production 20.5%, Ukraine
In April 2006, the Pivdentsement company (Olshanske, Mykolaiv region) increased cement production by 20.5% or 14,300 tons compared with April 2005, to 83,900t. Clinker production rose by 4.5% or 1,900
Barak Valley Cements plans IPO
Valley Cements Ltd (BVCL), a North-East based cement company, is looking to raise Rs 40-50 crore from its IPO to fund a slew of expansion initiatives.
Fight promised to keep Westport cement works, New Zealand
The Buller district has vowed to fight to keep one of its biggest employers, the Holcim Cement works, in Westport.
Cement supply to improve soon, Pakistan
The completion of capacity expansion in the local cement industry in the next couple of months is likely to considerably ease the supply situation even for high demand periods, industry analysts belie
Cement investigations extended, Jamaica
A two-week extension has been granted to the special team appointed to spearhead investigations into the circumstances surrounding the withdrawal of locally produced cement from the market.
Indonesian government should stop interfering
The Indonesian government has not yet responded to Cemex SA’s decision to sell its stake in state-owned cement maker PT Semen Gresik (SG) to Rajawali Group,
Italcementi set to buy 50 per cent in Zuari Cement
India’s Zuari Industries is set to sell its 50 per cent stake in Zuari Cement to Italcementi for Rs 500 crore. The deal is expected to be finalised by the company’s board in its meeting on
Gresik ‘should get sale priority’, Indonesia
State-owned Semen Gresik should get first refusal on purchasing shares in the local company being sold by Cemex, Indonesia’s Vice President Jusuf Kalla said Friday.
Cement price update, Philippines
Cement firm Holcim Philippine Inc. has agreed to peg the retail price of a 40kg bag of cement at P178 here, the Department of Trade and Industry, regional office announced on Wednesday. The agreement
India Cements signs deal for new plant
India Cements Ltd, a private cement firm, has signed a deal with the Himachal Pradesh government today to set up a Rs 750 crore cement plant. The MoU was signed by representatives of both the parties.
Cyprus sales increase
According to the Statistical Service of Cyprus, total cement production increased to 155,000t in April 2006 compared to 149,000t in April 2005,
Minister asks cement cos to bring down prices by Monday, India
India’s Commerce & Industry Minister Kamal Nath Friday asked cement companies to come up with a proposal to reduce prices by Monday. "Government cannot and will not remain a silent spectator to
Five firms shortlisted in Uniland sale, Spain
Five companies have been shortlisted for the sale of a 73.7 per cent stake in Barcelona-based cement maker Uniland, report local press.