Cement News: International

21 August 2006

Gulf Cement Co to begin production by mid-2008

The Gulf Cement Company (GCC) Qatar, which is being listed at the Doha Securities Market (DSM) today, hopes to begin production by the middle of 2008. Land for the project measuring four square kilome

21 August 2006

Basic Element to construct Serebryany cement plant

Basic Element LLC will construct Serebryany cement plant in the Mikhaylovsky district of the Ryazan region. The enterprise capacity will total 1.5Mt of cement per year. Investments in new equipment wi

21 August 2006

Ancap to modernise cement plants

Ancap should invest at least US$10m in its cement plant at Minas and other US$2m - US$3m in the Paysandu unit, as part of an effort to modernise and to move them out of losses of around US$3m per annu

21 August 2006

El Paso sues Cemex

US concrete maker El Paso sued Mexico’s cement companies Cemex and Grupo Cementos Chihuahua (GCC) last week, alleging that both firms sell their products at prices lower than costs in El Paso, Texas.

Estonia’s construction boom pushes prices 21 August 2006

Estonia’s construction boom pushes prices

The construction boom prevailing in Estonia now has sent the sales of producers of building materials soaring and prompted companies to invest in expansion, with shortage of raw materials and labor as

21 August 2006

Eurocement acquires Uzbek cement producer

The Russian-based Eurocement Group has reportedly purchased a majority stake in Ahangarancement OJSC, the second largest cement producer of Uzbekistan, Russian business daily Vedomosti reported on 21

Lafarge banking on government plans 21 August 2006

Lafarge banking on government plans

Lafarge Malayan Cement Bhd (LMC) is banking on fast implementation of the Ninth Malaysia Plan (9MP) projects, the Government’s approval to raise cement ceiling price and new products to improve

18 August 2006

Madras Cements to double captive power plant capacity

Madras Cements Ltd is doubling the capacity of its captive power plant at its Jayanthipuram factory in Andhra Pradesh.

18 August 2006

190,000 tonnes cement exported to Afghanistan in July

Cement exports from Pakistan to Afghanistan touched 190,000t mark in July despite withdrawal of rebate for stabilising prices in the local market

18 August 2006

Bamburi defends stake in Portland

Bamburi Cement Company managing director Michael Purchercos addresses the media outside the factory in Athi River during the launch of the firm’s road safety week yesterday.

18 August 2006

New factory for Namibia

Plans are at an advanced stage to establish Namibia’s very own cement factory, nine years after the closure of the first one at Otjiwarongo.

18 August 2006

Cement makers unlikely to invest more if no price revision, Malaysia

Cement manufacturers are unlikely to pour in more investment to expand capacity unless there is a revision in the ceiling price of the building material, an industry player said.

18 August 2006

Indian cement industry in turnaround mode

A number of Indian cement companies are in a turnaround mode, thanks to rising demand from the infrastructure and construction sector

17 August 2006

Fix anomalies at Portland

Over the past month, East African Portland Cement Company has been in the news for all the wrong reasons. Arguably, this could be the very reason major shareholders of the company met last week to rev

17 August 2006

Iran imports more cement?

According to Al-Wefaq newspaper (August 16, 2006), a senior manager at the Iranian Mines & Mining Industries Development & Renovation Organization (IMIDRO) said that Iran had imported 1,320,000t

17 August 2006

Peru cement sales rising

The quantity of Peruvian cement sales stood at 388,013t in July 2006,