Cement News tagged: International
India’s ACC eyes acquisitions
ACC Ltd, India’s largest cement maker, is eyeing potential takeover targets, The Financial Express said
DJ Anhui Conch: will government intervene to stop prices soaring?
Cement prices in earthquake-affected areas in China will soar to CNY1000/t without government intervention to control prices, a senior executive at China’s largest cement maker by output said Tu
Cement firms of Pakistan enter India
Cement brands like Lucky, Maple Leaf and Elephant from Pakistan are helping the construction companies in the south to check prices, albeit to a limited extent.
India: Sagar Cements’ new units launch in July
Sagar Cements Ltd will be commissioning its INR296-crore brownfield clinker and cement plants in July. This would push up the cement production capacity of the Hyderabad-based company from 0.6Mta
LSR Group lays foundation stone for construction of a new cement plant
On May 27 a gala ceremony took place in Slantsy, the Leningrad region to lay the foundation stone for the construction of a new LSR Group cement plant.
China Resources Cement builds new plant to get RMB3bn revenue
China Resources Cement is building a RMB3.9bn modern dry-process plant in Fengkai county
Komodo Hedge fund bets on Indonesia building, cement companies
HB Capital Partners, manager of the first Indonesia-focused hedge fund, is betting on the nation’s construction and cement industries as provinces outside the main island
Malaysia to remove cement price ceiling
Malaysia will remove the ceiling price of cement from Thursday to boost the country’s building industry,
China’s cement price remains stable
Market monitoring by the Ministry of Commerce (MOC) shows that China’s cement market has operated steadily
Inquiry into CRH Polish activities
The Polish competition watchdog is believed to be close to completing an investigation into the activities of Irish group CRH and a number of big players
Cement’s pressure points
The outlook for the Indian cement sector has taken a turn for the worse in recent months.
China’s cement demand increases 50Mt to 70Mt
Cement demand in the earthquake-affected areas in Southwest China is estimated at between 50Mt and 70Mt
‘Capacity additions may be delayed’
Stocks of Indian cement companies have been southward bound on sedate numbers and concerns on regulatory intervention on prices.
Iran boosts cement production capacity
Cement production capacity has increased to 53Mta with the inauguration of the third production line of Sepahan Cement Factory
Dalmia Cement to use high moisture coal to cut costs
Dalmia Cement, which has a strong presence in South India, is chalking out a new strategy to reduce its coal costs
Guam: PAG to consider plans for cement silos
The Marianas Business Journal is reporting the Port Authority of Guam will consider two measures at its June 3 board meeting designed to ease supply and storage of cement on Guam