Cement News tagged: International
Holcim to invest US$100m in Colombia to boost cement output
Holcim Ltd plans to invest more than US$100m in Colombia to boost its output of cement, the company said Tuesday in a statement.
Cement prices to rise in some parts of India
Cement prices are likely to go up by Rs3 per bag in Mumbai, Gujarat and the southern markets from Monday.
CRH spends EUR740m on first half acquisitions
CRH has spent EUR740m in the year to date on acquisitions and is indicating a pre-tax profit for the first six months of around EUR600m, compared with EUR670m last year
Holcim Romania to boost production by 30 per cent
The Romanian unit of Swiss cement producer Holcim said it has recently completed a EUR120m project to modernise its cement plant in Campulung
Gresik fires Rizal Ramli over alleged link to violent protests
The shareholders of state-owned cement producer PT Semen Gresik have fired president commissioner Rizal Ramli,
Credit crunch slows India expansion plans
Costlier raw material and tight credit conditions have slowed down Indian cement companies’ ambitious
EIB loan for Derba Midroc cement factory, Ethiopia
Derba Midroc Cement company (DMC) in Ethiopia has benefited from a EUR29m loan from the European Investment Bank (EIB).
Lafarge’s valuation trimmed on likely slowing demand
Aseambankers Equity Research has adjusted its price target for Lafarge Malayan Cement Bhd given a cloudy outlook on demand despite higher selling prices of cement.
Anil Singhvi to set up cement business at Reliance Natural
Anil Singhvi, former managing director of Ambuja Cements, has joined Anil Ambani’s Reliance Natural Resources (RNRL) as its vice-chairman.
Holcim to establish training facility in Switzerland
Holcim said it has commissioned a new training centre in the Swiss town of Holderbank.
Brazil: Votorantim expands cement distribution
Votorantim Cimentos, engaged in a R$2bil cement capacity expansion investment to add 8Mta by 2010,
Egyptian companies in talks on cement plant in Sudan
Two Egyptian companies have said they are in talks with the Sudanese armed forces on the feasibility of building a cement factory in Sudan.
Thailand price rise to counter-balance cost hike
During January-April 2008, domestic cement sales volumes in Thailand dropped to 9.2Mt, down 5.0% YoY
Holcim scoops up ACC shares to cement control
Holcim is increasing its stake in Indian cement producer ACC through open market purchases in an attempt to get majority ownership of the company.
Cement firm Bolu Cimento to establish plant in Zonguldak
Bolu Cimento is to establish a cement grinding facility in the industrial zone in the city of Zonguldak in the Black Sea region.
Iran to build cement plant in southern Krygyzstan
Iran has announced plans to build a cement factory in Tash-Kumyr, in the south of Kyrgyzstan. This will be the third building materials factory in that region.