Cement News tagged: International
Siam’s cement business outlook
Analysts estimate that Siam Cement’s sales volume will grow 8% on year to 2.69Mt thanks to more construction works in the domestic market, despite the rainy season in the third quarter. However, sales
Askale Cimento buys Trabzon cement
Askale Cimento placed the highest bid of US$81.25m in the tender held bythe SDIF (Saving Deposit Insurance Fund) for the sale of Trabzon cement plant, previously owned by the Uzan group. Seven investo
Cement consumption in Spain up again
Cement consumption in Spain rose 4.85 pct year-on-year in the first nine months of 2005 to 37.99Mt, the Spanish cement makers association Oficemen said on October 18, 2005. Cement consumption in the
IFC Provides loans to Anhui Conch Cement
The International Finance Corporation (IFC) today signed a contract to provide 650 mln yuan in loans to Chinese cement producer Anhui Conch Cement Company. The loans funds derive from IFC’s rece
Limak buys Ergani cement plant for US$120.7m
Limak won the tender held for the sale of Ergani cement plant with US$120.7m bid. The SDIF (Saving Deposit Insurance Fund) previously set the minimum estimated value for the
Peru cement sales up in Sept 2005
Peruvian domestic cement sales increased to 389,416t in September 2005, up 11.6 per cent year-on-year, the Peruvian Association of Cement Producers (Asocem) reported on October 18, 2005. Peruvian cem
Chilanga to build $100m Zambia cement plant
Lafarge’s Chilanga unit in Zambia will build a US$100m plant in Zambia to meet growing demand for infrastructure by new copper mines, the head of its Zambia unit said on Tuesday. Ian Coulter, managin
Turkish Limak Buys Ergani Cimento
Turkish Limak Group won the tender for the sale of cement factory Ergani Cimento filing the highest bid of $120.7m it was reported on October 18, 2005. Thirteen companies bid for Ergani Cimento, whic
Taiwan Cement sees export price rise in 2006
Taiwan Cement Corp, Taiwan’s largest cement marker, said on Tuesday it expects export prices to rise as much as 10 per cent in 2006 as demand continues to be strong in the Middle East, Africa an
US cement shortage causing construction delays
A critical shortage of cement is reportedly is causing serious problems in Utah’s construction industry. It means lost revenue for construction workers and rising costs for homeowners. The short
Cement makers contradict competition council
Romanian cement producers reject statements of Competition Council, according to which the decision to sanction companies Lafarge, Holcim and Carpatcement, charged with forming a cartel, was followed
Indonesia’s Semen Gresik nine month cement sales
Indonesia’s largest cement maker PT Semen Gresik’s nine months to September cement sales rose 5.6 per cent to 12.29Mt, driven by increased domestic sales. Semen Gresik said
Semen Tonasa to build new plant
Semen Tonasa is planning to invest at least Rp 2.5 trillion to increase its production capacity as well as build a new plant in Pangkep, said the company’s newly elected President Direct
Ministry stops use of coral in cement production
The Vietnamese Construction Ministry will close down cement plants using coral as a raw material in production to protect marine ecology. Plants using coral are concentrated mainly in the southern ce
TPI Polene wants loan extension
Thai Petrochemical Industry Plc, the country’s biggest corporate debtor, plans to extend its debt-restructuring process for three months while its cement unit, TPI Polene, wants an extra year, T
Peru’s September cement sales rise
Peru’s overall cement sales in September rose 18.6 per cent to 456,907t from the 385,305t sold in the same month a year before, as the economy continued to expand, the National