Cement News tagged: International
Steppe Cement awards contract
Steppe Cement Ltd said its subsidiary Karcement in Kazakhstan has closed the tender process and has awarded the contract for reconstruction of the raw mills, pre-heater, kiln and cooler of line 5 to F
CIMA mulls cement assets sale to Vicat of France
State-owned Cement Industries of Malaysia, or CIMA, the country’s third largest cement producer, is reportedly considering the sale of 51 per cent of its cement assets to France’s Vicat gr
China to further reform cement industry
China will continue to adjust its cement industry’s structure to ease overcapacity and achieve industry centralization, said the National Development and Reform Commission (N
Indocement warns higher costs in 2006, Indonesia
Indonesia’s second largest cement maker, PT Indocement Tunggal Prakarsa Tbk, expects production costs will rise this year due to high energy costs, inflation and interest rates, but it projected
Antitrust chief says may increase fine on Eurocement, Russia
Russia’s Federal Antimonopoly Service (FAS) may increase Russian cement producer Eurocement Group’s fine to 8 billion rubles from the current 2 billion rubles, if the company continues violating
Cement cos to build on core play, India
The cement sector found no mention in the Budget, but there was much cheer in the industry due to the increased emphasis on infrastructure, which is expected to boost cement demand.
GCC reports record fourth quarter results, Mexico
Mexico’s Grupo Cementos de Chihuahua (GCC) consolidated results for the fourth quarter and full year ended December 31, 2005.
Gresik posts US$100m net profit, Indonesia
State-run cement maker PT Semen Gresik posted a net profit of Rp936.314bn (US$100.8m) last year, up by 83.37 per cent from a year earlier.
Holcim plans merger with Stredoslovenska Cementaren
The largest cement producer in Slovakia, Holcim Slovensko, a.s, Rohoznik wants to merge with Stredoslovenska Cementaren, s.r.o. Banska Bystrica. Both companies deposited a draft agreement on merger in
Cement prices in Andhra at a new high
Cement prices in Andhra Pradesh are at a new high with the onset of summer, which usually sees hectic construction activity in the state.
Cement monopoly damaging Jamaica
The opposition Jamaica Labour Party (JLP) stated yesterday that a monopoly in the cement market is not in the interest of the Jamaican people.
Loss-making cement firms rise in spite of growth
China’s cement industry experienced healthy growth in 2005 despite rising energy costs and lower prices due to more efficient labor. The number of loss-making companies, however, increased.
Portugal’s Cimpor sells 19% Lemona stake, Spain
Cimpor said it has sold its 19 per cent stake in Spain’s Cementos Lemona SA to Cementos Portland Valderrivas SA for EUR69.2m.
Colombia’s Cementos Argos 2005 net up
Cementos Argos SA , the biggest Colombian cement maker, said its net profit in 2005 fell three per cent to COP225bn (US$100.2m) from COP232bn the year before mainly because of lower prices in Colombia
China’s 2005 cement output 1.06bn tons, no new plant approval
China’s cement output for 2005 rose 9.3 per cent to 1.06bn tons, the National Development and Reform Commission (NDRC) said in a statement.
Taiwan Cement sees 2006 profit growth
Taiwan Cement Corp chairman Koo Cheng-yun said company profits in 2006 will surpass the level achieved in 2005 amid its capacity expansion in China, the Economic Daily News reported