Orascom Construction Industries has established its first manufacturing presence in Europe by acquiring a controlling interest in Cementos La Parrilla. An indirect 51 per cent stake in the company ha
The East African Portland Cement will use its own money to finance the building of a Ksh800 million (US$10.9m) fifth clinker mill that will see its production capacity increase by nearly 100 per cent.
USG Corporation, the leading North American plasterboard producer, increased turnover by13.9 per cent to US$3,804m in the first nine months of the year, with the trading profit advancing by 38.3 per c
Holcim has repudiated charges of misconduct in Hungary. The company said a Hungarian court has supported Holcim’s role in the privatization of the Hejocsaba cement plant. Holcim said unrealistic
South African cement supplier Holcim said it is committed to free enterprise and welcomes competition in Namibia, which, the company said has always been to the benefit of consumers. In a statement, H
Cemex Venezuela, a unit of Mexican Cemex expects sales to grow 18 per cent this year from 2004 and sees another 10 per cent increase for next year, the affiliate’s president said on Tuesday. En
Contractors in Alberta’s booming construction industry say this year’s devastating hurricane season along the Gulf Coast is going to make a cement shortage even worse. Builders say high demand for cem
Mexican cement manufacturer GCC is close to investing $200m to build a new plant in Pueblo. It comes at a time when shortages of cement are reportedly delaying construction projects around the state.
China’s largest cement maker Anhui Conch Cement Co Ltd said its third quarter net profit fell 9.4 per cent year-on-year to 119.2 mln yuan, with market demand weakened by the government’s m
The Namibian Ministry of Trade and Industry says it will see to it that the new Cheetah Cement Company is not squeezed out of business by South African suppliers and their local distributors. Trade an
Indian cement prices are expected to rise this quarter by Rs 5-7 per bag, owing to better demand in both domestic and overseas markets. The average price of cement in India now is around Rs 155-165 fo
The Domestic Trade and Consumer Affairs Ministry’s enforcement division in Sarawak has not received any complaints of cement shortage, including from developers. Its director, Mohamed Mokhtar Ye
The Vietnamese Prime Minister has approved the construction of Do Luong cement factory in the central Nghe An province with a total capacity of 3Mt of cement a year. The construction is divided into t
All Pakistan Cement Manufacturers Association (APCMA)’s Vice Chairman, Babar Bashir told that currently 18Mt of cement was being produced annually. He told that the mounting demand of cement in genera
South Korea’s cement industry remains in the dumps as the government’s anti-speculation measures have led to a drastic contraction in construction business, industry sources said Monday. S
Askale Cimento placed the highest bid of US$81.25m in the tender held bythe SDIF (Saving Deposit Insurance Fund) for the sale of Trabzon cement plant, previously owned by the Uzan group. Seven investo