Cement News tagged: International
Indonesia will need more capacity
Indonesia will need additional cement capacity by 2008 when demand is predicted to begin to exceed supplying capacity of existing plants. Construction of new cement factories,
Cementir completes purchase of Edirne facilities
Italian cement firm Cementir has won approval from Turkey’s antitrust authority for its acquisition of firm Edirne in a US$166.5m deal, it said in a statement on Wednesday.
Oman ’s cement production capacity increases
Sayyid Ali bin Saif al-Said, secretary-general at Office of the Minister of the Diwan of Royal Court on Wednesday opened the third production line of Raysut cement factory established
Wintgens has left the building
Randolph Wintgens has decided to retire from Cemex. He joined Cemex in April 1993 as a Cemex Director in Hong Kong, being the first person from Cemex coming to this part of the world. Since then he ha
Indonesian Government will not sell Gresik
The Indonesian government has decided not to sell its 51 per cent stake in PT Semen Gresik Tbk, State Enterprises Minister Sugiharto said in a dialogue with the company’s workers&rsqu
Peru domestic cement sales up
Peruvian domestic cement sales grew to 400,780t in November 2005, up by 14.3 per cent year-on-year, the Peruvian association of cement producers Asocem reported on December 19, 2005. Peruvian cement
JK Cement plans new cement plant
Yadhupati Singhania, promoter of the Kanpur-based JK Cement Ltd, is planning to set up an integrated greenfield cement plant of three million tonnes per annum capacity in Karnataka. A senior official
Afghanistan cement project
The US trade & development agency recently provided a grant to the local ministry of mines & industries to enable the completion of a project feasibility study regarding various cement manufacturing p
Cement tightness will continue, US
US cement makers have reportedly announced 10-15 per cent price increases for January atop a 13 per cent increase in the past 12 months. ‘They probably will stick,’ says Ken Simonson, chief economist
Consumption up 5.1%, Spain
Cement consumption in Spain rose by 5.1 per cent YoY to over 46.8Mt in the 11 months to November 2005, the Spanish cement makers association Oficemen said. Cement output in
Akmenes lifts Jan-Nov sales to EUR33m
Lithuania’s only cement manufacturer, posted sales of LTL113.93m EUR 33m) for the first 11 months of this year, a rise of 16 per cent from sales of LTL98.25m a year earlier.
Teixeira Duarte boosts stake in Cimpor, Portugal
Portuguese construction group Teixeira Duarte spent EUR60m to boost its stake in the share capital of local cement producer Cimpor from 20 per cent to over 22 per cent.
Update on Ilam project
Construction works on the second phase of Ilam cement plant is underway with 27 per cent now complete. All the equipments for the development has been purchased and imported,
Semapa to book EUR390m gain from Enersis disposal
Portuguese cement and paper group Semapa SGPS expects to book a gain of EUR390m from the sale of its 90 per cent in the Enersis renewable energy business to Austrialian investment company Babcock & Br
Saudi Cement Company to invest in two new lines
Embarking on one of the largest regional cement projects, Saudi Cement Company (SCC) is investing around SR2.2 billion (US$578m) to step up production and meet steadily rising local and regional deman
Padang continues to improve
Cement maker PT Semen Padang in West Sumatra targets a 56.15 per cent increase in net profit to Rp212.23 billion (US$21.2m) from this year’s target of Rp135.91 billion. The subsidiary of state-o