Cement News: International

08 June 2006

JK Cement to double capacity, India

JK Cement is likely to invest Rs 1,200 crore in the next 3-5 years for doubling its manufacturing capacity of grey cement, which will include setting up of greenfield units in Karnataka and North Indi

08 June 2006

Suez Cement expanding its interests

Suez Cement Company is expanding its investments in the cement industry and its related industries as it signed a preliminary agreement to purchase 52 per cent in two ready-mix companies.

08 June 2006

Mexico Construction Association sees 5.5% sector growth in 2006

Construction activity in Mexico will likely expand at least 5.5% this year, boosted by continued demand for home construction and infrastructure, an official from the country’s construction cham

07 June 2006

Vassiliko lifts sales and profits, Cyprus

Vassiliko Cement Works (VCW) reported a strong set of first quarter results with net profit rising four per cent YoY to CYP 1.89m as sales domestically and abroad increased.

Syria seeks to buy 1Mt of Ukrainian cement 07 June 2006

Syria seeks to buy 1Mt of Ukrainian cement

Syria is seeking to buy 1Mt of Ukrainian cement, Syria’s Finance Minister Muhammad al-Husayn said during the Ukrainian-Syrian business forum in Damascus, Syria. He noted that his country needs t

07 June 2006

NTT Government Eyes Semen Kupang’s Stake

The government of East Nusa Tenggara (NTT) will take over the stake of Bank Mandiri at PT Semen Kupang by injecting IDR50bn to the cement processing company.

Argentina cement production up 28 per cent YoY 07 June 2006

Argentina cement production up 28 per cent YoY

Argentina’s cement production rose 28 per cent YoY in May 2006 reaching its highest level for the past six years, the Association of Portland cement makers said.

07 June 2006

Government suspends protective tariff on cement, Liberian

The Liberian government is not leaving any stone unturned in ensuring what is appropriate for the citizens as well as the huge development initiatives ahead.

07 June 2006

Giant Cement fined US$36,000 for Air Violations, US

The United Steelworkers (USW) today said that according to the Union’s research, Giant Cement Holding, Inc. has been fined US$36,000, the largest fine in the recent history of the plant, for rep

07 June 2006

Big cement firms target UP, India

Gujarat Ambuja Cement and Grasim Industries Ltd are in the process of setting up a flyash-based cement plant each in Uttar Pradesh. Both the plants are to be set up in Dadri near Greater Noida.

07 June 2006

Gresik to get banking loan for expansion, Indonesia

PT Semen Gresik Tbk will not issue any bonds to finance the development of new facility. Instead, the company will get banking loans. The Commissioner of PT Semen Gresik Tbk Agus Tjahjana said that th

06 June 2006

Sanctions loom for Caribbean Cement Company, Jamaica

Despite accepting responsibility and apologising for releasing 500t of faulty cement into the market earlier this year, Caribbean Cement Company Limited (CCCL) is now facing the possibility of heavy p

06 June 2006

Oleg Deripaska aims for Cement holding

Russian aluminium king Oleg Deripaska, the director of RUSAL Holding, is establishing a cement holding. The basic element company he owns is reportedly building two cement factories, in the Ryazan R

06 June 2006

Eurocement Group Ukraine to invest

Eurocement Group Ukraine, a subsidiary of Eurocement Group (Moscow) plans to invest about UAH100m in development of its cement plants Baltsem (Balakliia, Kharkiv region) and Pushka (Kramatorsk, Donets

06 June 2006

Republic eyes government projects to boost revenues, Philippines

Republic Cement Corp of the Philippines is eyeing government infrastructure projects this year to boost its revenues.

06 June 2006

CRH locked in legal battle for Spanish cement firm

CRH is facing a massive legal battle in Spain, according to local news reports, following Spanish cement company Cementos Portland Valderrivas (CPV) said it has paid EUR 1.09bn for 51% of the Catalan