Cement News: International

03 July 2006

IFC agrees $35m Yemen cement loan

The International Finance Corporation, the private sector arm of the World Bank Group, has agreed a $35m loan to the National Cement Company in Yemen. The loan is to enable the construction of a green

03 July 2006

Aditya Birla group June cement shipment up

India’s Aditya Birla group on Monday said its cement shipment in June rose 9.4 per cent on year to 2.47Mt. The group, including flagship Grasim Industries Ltd. and UltraTech Cement Ltd, produced

03 July 2006

UAE ministry stops bid to raise cement price

The UAE Ministry of Economy has thwarted an attempt by the country’s cement producers to raise cement prices by Dh10 (US$2.72) per tonne.

03 July 2006

Cement demand forecast to recover, Indonesia

Indonesian cement demand is estimated to recover in the second quarter this year after in the first quarter of 2006 saw consumption dipping by five per cent compared to the same period last year.

Mumbai cement prices cut marginally, India 30 June 2006

Mumbai cement prices cut marginally, India

Cement prices have come down by Rs2-4 per bag in Mumbai even as the first shower of monsoon lashed the city. The price of a cement bag in Mumbai is around Rs 245 now.

30 June 2006

Cement prices should drop shortly, Guyana

Government is expecting that the price of cement will significantly be reduced shortly, following a response by the Venezuelan government to a request made earlier by Guyana to receive imports.

Birla to set up cement unit in Jharkhand, India 30 June 2006

Birla to set up cement unit in Jharkhand, India

Birla Corporation has informed the Jharkhand government that it was keen to set up a 2Ma cement plant in in the state of Jharkhand at an investment of Rs 1,000 crore. The company’s Senior Joint

30 June 2006

RATM to expand production, Russia

The RATM group has announced it will start construction of a second line at Iskitimcement, Russia. The new line will have a capacity of 1.3Mta with an investment of around US$120m. RATM will finance

30 June 2006

Cement expansion moves ahead, South Africa

The growth in the South African economy and continued high demand in both the residential and non-residential building sectors has boosted cement volumes to record levels.

30 June 2006

Chettinad Cement completes merger of two subsidiaries, India

Chettinad Cement Corporation Ltd (CCCL) today said its two wholly-owned subsidiaries have completely merged with the company, following the approval of the scheme of amalgamation by Tamil Nadu High Co

30 June 2006

Gresik to construct new plant on Java, Indonesia

PT Semen Gresik says it will start constructing a cement plant on the island of Java next year at a cost of IDR2.802 trillion. A written statement says the new plant, due to be completed in 2011, will

29 June 2006

Eleven companies now produce cement in Azerbaijan

The Azerbaijan State Agency for Standards, Metrology and Patents (SASMP) has awarded certificates to Mineral LLC and Azerit JSC to produce cement this year. Eleven companies produce it in Azerbaijan.

29 June 2006

Adis Ababa considers reopening plant

Faced with a chronic cement shortage that risks derailing condominium construction, an expert committee of the Addis Ababa City Administration is seriously considering re-opening the Addis Ababa Cemen

29 June 2006

China cement sector reduces losses

Thanks to increasing demand for cement due to rapid growth of fixed assets investment and export increase, the amount of loss suffered by China’s cement industry has dropped by a large margin. Accordi

29 June 2006

Gresik to construct new cement plant on Java

PT Semen Gresik says it will start constructing a cement plant on the island of Java next year at a cost of 2.802 trln rupiah. The new plant, due to be completed in 2011, will have a capacity of 2.5Mt

29 June 2006

Cement firm expect boost from private sector

The prospect of high borrowing costs in the Philippines, which could dampen construction spending, does not worry the industry right now, an official of a major cement manufacturer said yesterday. In