Cement News tagged: International
Tanzania cement prices remain high
The prices of cement have not come down significantly despite Tanzania and other East African Community member states having allowed free movement of the commodity across their borders.
Novoroscement to build cement plant, Russia
Novorossiysk-based cement-supplier Novoroscement has announced US$397m plans to build a cement plant in Novorossiysk, Russia.
Banque Audi finances Lafarge cement factory in Syria
Lebanon’s Banque Audi has arranged a US$380m loan to French conglomerate Lafarge to finance a cement factory in Syria,
TPI Polene 2Q08 earnings slightly higher than expected
TPIPL reported 2Q08 net profits of Bt74m, down 91.5% YoY and 92.2% QoQ. Stripping out Bt530m FX losses from its loans, 2Q08 normalised profits were Bt605m, down 20.3% YoY
Indonesia’s Indocement H1 profit more than doubles
Indonesia’s second-largest cement maker, PT Indocement Tunggal Prakarsa Tbk , reported on Monday its first-half net profit more than doubled, powered by robust cement sales.
Lafarge to raise cement prices by MYR20/t
Lafarge Malayan Cement Bhd, Malaysia’s largest cement producer by volume, is increasing the recommended retail prices for its bagged cement products by MYR1 per 50kg bag
Indonesia’s Semen Bosowa to raise capacity
Cement maker PT Semen Bosowa Maros in South Sulawesi plans to increase its production capacity to 3Mt in 2009 from 2Mt at present.
Increasing investment leads Gresik to seek US$1.2bn loan
PT Semen Gresik Tbk seeks out US$1.2bn loan or IDR10.98 trillion to fund the company with its swelling investment up through to US$1.8bn.
Jidong to build CNY1.5bn project in Chongqing
Chinese cement producer Tangshan Jidong Cement Co., Ltd yesterday released a plan of spending CNY1.5bn building two clinker production lines each
Henan cement prices rise
Cement prices in central China’s Henan province in the first half of July rose by 5.61 per cent than the second half of June to CNY 309/t f
Sri Lanka Kankasanthurai factory to reopen soon
Moves are under-way to reopen the Kankasanthurai Cement factory as a step to cater to the local cement demand, Lanka Cement Limited Chairman Sisira Paranagama said.
Pakistan cement prices up by Rs32 in a week
Cement prices during a short span of one week went up by Rs32 per bag to Rs380, according to the Federal Bureau of Statistics (FBS) figures.
Cement projects to help govt in clean Himachal
Cement projects in Himachal Pradesh will soon supplement the ’clean Himachal’ project aimed at making the state clean and green.
Vietnam Deputy PM urges capital disbursement for cement projects in south
Deputy Prime Minister Hoang Trung Hai has instructed that ministries, sectors and banks to co-ordinate, consider thoroughly
Malaysia: cement price likely to rise on higher costs
An increase in the price of cement is possible due to higher operation and transport costs following the hike in petrol and diesel prices early last month.
Cost pressures take Ambuja Cement Q2 net down.
Ambuja Cements Ltd (ACL) on Friday announced that the company posted a fall of 33% in its net profit to for the second quarter ended June 30, 2008 a