International

27 April 2006

Sibirsky Tsement to invest in Krasnoyarsk plant, Russia

Russian holding Sibirsky Tsement (Siberian Cement) plans to invest US$150m in cement production at its plant located in Krasnoyarsk this year, t

27 April 2006

Cementos Lima 1Q net profit up, Peru

A 17% increase in cement sales helped lift Cementos Lima SA’s first-quarter net income to PEN32.2m (US$9.7m) compared with PEN23.4m in the same quarter in the previous year.

27 April 2006

Pioneer to start new line, Pakistan

Pioneer Cement, starting to produce 4,300tpd within this week, would help stabilise cement prices in the domestic market. According to industry sources, Pioneer Cement will start producing 4,300tpd of

26 April 2006

Nevada Cement agree on new contract, USA

Union members at northern Nevada’s largest cement provider have approved a new contract, averting a strike that could have crippled the local construction industry

26 April 2006

Jordan Cement to raise capacity

Cement producer Jordan Cement Factories Co (JCFC) plans to raise its annual capacity to 5.5Mt in 2008, the company said on April 24, 2006.

26 April 2006

Sibtsement announced production acceleration, Siberia

Kemerovo-based holding Sibirskiy Tsement intends to start building a new US$150m cement facility in by capacity of 1.2Mta

26 April 2006

UltraTech net figures show excellent returns

Ultratech Cement has reported net sales of Rs 1022 crore for the quarter ended 31 March, ’06 as against Rs 698 crore for the corresponding quarter in the previous year. The company has indicate

26 April 2006

Holcim Expects Asia-Pacific sales to rise in 2007

Holcim expects its sales growth in the Asia-Pacific region to climb to around 25 per cent in 2007 from an estimated rate of 13 per c

25 April 2006

IFC supports Mauritania’s concrete company

Washington-based International Finance Corporation, has signed a loan for US$10.8m to BSA Ciment SA, a Mauritanian compa

25 April 2006

CRH would prefer increased Uniland stake

Irish building materials maker CRH PLC (CRH) is interested in increasing its stake in Spanish cement producer Uniland should

25 April 2006

Mexico’s Cemex to sell Indo stake

Cemex SA has reached a deal to sell its 25.53 per cent stake in Indonesia’s largest cement maker, Semen Gresik, to the

25 April 2006

Chinese cement producers warned about foreign competition

A Chinese official warned here on Monday that the nation’s cement producers would face tough competition from foreign counterparts if they do not step up mergers and acquisitions (M&As). Niu Ji

25 April 2006

Midroc Ethiopia has announced cement factory plans

Signing the project’s memorandum of understanding (MoU) with Chief of the Oromia State Abba Dulla Gemeda yesterday

25 April 2006

National cement consumption rate declines

Indonesian cement consumption rate in the first quarter of 2006 reached 6,967,900t, down by 3.3 per cent from 7,208,335t

24 April 2006

Local cement plant at capacity

According to the Associated General Contractors of America, total consumption of cement in 2005 was 126Mt, 29Mt more than domestic producers could make. Imports accounted for 24 per cent of consumptio

24 April 2006

Murli Agro to enter cement market

Murli Agro Products (MAPL) has decided to enter the Indian cement market. The company is setting up a 2.1Mt greenfield cement manufacturing plant in the Chandrapur district of Maharashtra with an inve