Cement News: International
Czech firm Inekon Group today signed a contract for the construction of a new cement factory for EUR115m (Kc3.3bn) in Vietnam with the management of Vietnamese company Phu Son Cement JSC. Inekon Grou
The Vietnam Construction and Machinery Installation Corporation (Lilama) is stepping up its energy, cement and ship-building projects valued at a combined US$1.8bn, said the company’s general di
The separately quoted Buzzi Unicem subsidiary has reported a 6.1 per cent increase in first half turnover to €624m, but thanks to sharply improved profitability in Eastern Europe and in the United Sta
Saudi Arabia has licensed al-Jouf Cement Co, a firm with a paid-up capital of 1.02 billion riyals (US$267m), the state news agency SPA said on Sunday. The planned company is at least the fifth to be a
Over 180 casual labourers of a Dar es Salaam-based company, Hoageys (T) Limited, who were verbally fired on Thursday this week, have vowed to continue assembling at the company’s grounds pending final
Germany’s HeidelbergCement AG said Friday it will raise cement prices starting early 2007. Chief Executive Bernd Scheifele said Friday in a telephone press conference the company currently isn&r
The Belarusian Cement Works (BCW) in Kostyukovichi, Mogilyov region, has begun the construction of a new cement kiln with a 600tpd capacity, an executive with the enterprise’s sales department t
The board of directors of the East African Portland Cement Company (EAPCC) has appointed Mr Ndegwa Kagio as the acting managing director as an interim measure. The board resolved to immediately advert
Cement producer Lafarge Romcim registered a 24.2 per cent YoY increase in sales value and a 21.4 per cent rise in volume in the first half of 2006.
The Vietnamese cement industry produced 18.8 million tonnes of cement in the first seven months of the year, said the Ministry of Construction. Domestic cement makers have a combined annual production
Rising demands for cement from the international market should be responded by the national cement producers by constructing cement plants overseas, especially in countries that have huge market and a
HeidelbergCement reported operating profit of EUR498m (up from EUR325) operating profit on Friday, thanks to a recovery in demand in Europe, strong growth in North America and cost cuts.
Local firm Mainland International will this year break ground for its previously-announced cement manufacturing plant, that will, at full production capacity, be able to meet the equivalent of a third
The Brennand group, from Pernambuco state, is to invest R$286m in setting up a cement unit at Sete Lagoas (Minas Gerais); works will begin in 2007 and should be concluded as of 2009. The unit would ha
JK Cement Ltd. will invest more than INR7.5bn to set up its fourth plant in the southern Indian state of Karnataka to increase marketshare in the region, a senior official said.
Lafarge’s turnover increased by 21.3% to EUR 8,759m and the EBITDA by 31.5% to EUR 1,699m. The trading profit before exceptional items pushed ahead by 40.6% to EUR 1,177m, while the net attributable p