The Turkish competition board announced its decision on cement plants, which were previously owned by Uzan Group and offered for sale by the Saving Deposit Insurance Fund (SDIF). Considering antitrust
HeidelbergCement aims to firmly establish itself as the leading cement producer in the Ukraine by agreeing to acquire Dontsement from a group of, mainly US, investors, subject to approval by the local
The US trade & development agency recently provided a grant to the local ministry of mines & industries to enable the completion of a project feasibility study regarding various cement manufacturing p
Yadhupati Singhania, promoter of the Kanpur-based JK Cement Ltd, is planning to set up an integrated greenfield cement plant of three million tonnes per annum capacity in Karnataka. A senior official
Peruvian domestic cement sales grew to 400,780t in November 2005, up by 14.3 per cent year-on-year, the Peruvian association of cement producers Asocem reported on December 19, 2005. Peruvian cement
The Indonesian government has decided not to sell its 51 per cent stake in PT Semen Gresik Tbk, State Enterprises Minister Sugiharto said in a dialogue with the company’s workers&rsqu
Randolph Wintgens has decided to retire from Cemex. He joined Cemex in April 1993 as a Cemex Director in Hong Kong, being the first person from Cemex coming to this part of the world. Since then he ha
Portuguese cement and paper group Semapa SGPS expects to book a gain of EUR390m from the sale of its 90 per cent in the Enersis renewable energy business to Austrialian investment company Babcock & Br
Construction works on the second phase of Ilam cement plant is underway with 27 per cent now complete. All the equipments for the development has been purchased and imported,
Portuguese construction group Teixeira Duarte spent EUR60m to boost its stake in the share capital of local cement producer Cimpor from 20 per cent to over 22 per cent.
Lithuania’s only cement manufacturer, posted sales of LTL113.93m EUR 33m) for the first 11 months of this year, a rise of 16 per cent from sales of LTL98.25m a year earlier.
Cement consumption in Spain rose by 5.1 per cent YoY to over 46.8Mt in the 11 months to November 2005, the Spanish cement makers association Oficemen said. Cement output in
US cement makers have reportedly announced 10-15 per cent price increases for January atop a 13 per cent increase in the past 12 months. ‘They probably will stick,’ says Ken Simonson, chief economist
Cement maker PT Semen Padang in West Sumatra targets a 56.15 per cent increase in net profit to Rp212.23 billion (US$21.2m) from this year’s target of Rp135.91 billion. The subsidiary of state-o
Embarking on one of the largest regional cement projects, Saudi Cement Company (SCC) is investing around SR2.2 billion (US$578m) to step up production and meet steadily rising local and regional deman
In November, cement production rose by 34% compared with November 2004, to 941,000t, the State Statistics Committee disclosed. In November, cement production fell by 23.4% to