Cement News tagged: International
CP Cimento mulls partial sale
Brazil’s seventh largest cement producer, CP Cimento has hired investment bank Goldman Sachs to find a buyer for part of its business, newspaper Valor Econômico reported. The reason behind the d
Indonesia’s Oct cement sales down
Indonesia’s domestic cement sales volumes, an indicator of economic activity, fell 6.1 per cent in October to 2.78Mt from a year earlier, the country’s largest cement maker said on Wednesd
Cement consumption in Spain up
Cement consumption in Spain rose by 4.98 per cent year-on-year to 42.2Mt in the first 10 months of 2005, the Spanish cement makers association Oficemen said on November 15,
New cement factory to be set up in Abu Dhabi
A new Dh 200m (US$54m) cement plant will be set up in Abu Dhabi, local investors revealed as reported by a local daily on Wednesday. The Abu Dhabi-based Al-Ittihad Arabic daily quoted Abdulrazzaq Moha
Cruz Azul starts new plant construction in Mexico
Mexican cement maker Cruz Azul and Polysius, a unit of German heavy industry giant ThyssenKrupp, started the construction of a cement plant in Palmar de Bravo, eastern Mexico, on a 575 hectares area,
Indonesian cement consumption
Cement consumption in Indonesia rose 6.2 per cent in the ten months to October to 26.80Mt from 25.25Mt consumed in the same period last year, according to the Indonesian Cement Association (ASI). Ov
Cement industry needs more workers
Vietnam’s cement industry is estimated to need around 10,000 workers to operate production lines between now and 2010, according to the Vietnam Cement Corporation (VNCC). Of the total, engineer
Buzzi Unicem widens margins
Buzzi Unicem’s cement volume grew by 1.1 per cent to 24.6Mt in the first nine months of the year, while ready-mixed concrete deliveries rose by 2.1 per cent to 11.7m m³. Of those volumes, Dyckerhoff
Benue Cement targets rights offer
Benue Cement Company Plc, Nigeria is targeting N6.93 billion from its rights offer of 1.980 billion ordinary shares of 50 kobo each at N3.50 per share. The offer which opened on Monday, November 14, 2
More on the Lafarge jv China
Lafarge Shui On Cement, which is 55 per cent owned by the Paris-based group and was formed with the local Shui On Construction And Materials Ltd. (SOCAM) group in late summer, is acquiring Shuangma In
Competition board hints of long review on plant sale
Mustafa Parlak, head of Competition Board, said that it did not seem likely for the board to give its decision regarding the sale of cement companies, previously owned by the Uzan group, soon. Parlak
Lafarge, Shui confirm new joint venture
Lafarge and Shui On Construction And Materials Limited, the top cement producer in southwest China, have formed a joint venture partnership to merge their cement operations in China. The joint venture
Cement importers gearing up for renewed lobby
Cement importers are gearing up to renew their lobby for the Government to remove the 40 percent tariff which was imposed on cement one year ago. The move comes in the wake of a shortage of the produc
Group to set up Dh250m cement factory in Al Ain
A new cement factory with an investment of Dh250 million will be set up in Al Ain to meet the growing demand for cement. This private sector factory will initially have a production capacity of 2000 t
Cement exports decline
The start of winter season, coupled with snowfall, in Afghanistan has resulted in a decline of six percent in Pakistan cement exports by the end of October. Sources in the industry have predicted a fu
Cementir sees growth in Turkey
The results of Cementir’s first nine months show the effect of the acquisition of Aalborg Portland Cement and Unicon towards the end of October last year. Turnover rose by 173.3 per cent to €636