Cement News: International
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
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
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.
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.
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.
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 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
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
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.
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
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
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.
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
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
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
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