International

25 May 2006

Cement Arrives from Venezuela, Jamaica

A shipment of cement being unloaded at the Caribbean Cement Company’s Rockfort pier.

25 May 2006

Cement producers offer discount, Zimbabwe

Cement producers have agreed to offer 15 percent discount for cement purchased for the ongoing Operation Garikai/Hlalani Kuhle for the next six months.

25 May 2006

Cement prices fall as Pakistan lifts ban

Prices of cement have decreased considerably after Pakistan resumed free-of-duty exports to Afghanistan.

25 May 2006

Oman Cement expansion project on track

The board of directors of Oman Cement Company (OCC) has endorsed a proposal to go ahead with the company’s plan to upgrade its clinker production capacity to 1.8Mta instead of the initially prop

25 May 2006

Heracles swings to profit

Lafarge SA’s Greek unit Heracles Cement said it swung into a net profit of EUR2.6m in the first quarter of 2006 from a loss of EUR3.2m a year before. Sales increased by 17.4 per cent YoY to EUR1

25 May 2006

Holcim looks at feasibility study for new plant, South Africa

SA’s second-largest cement maker, Holcim, said yesterday it would complete a feasibility study in the second half of this year on a new cement kiln that would cost up to R1,9bn.

24 May 2006

HeidelbergCement Buys majority stake in Kartuli Cement

HeidelbergCement AG said Tuesday it has bought a 51 per cent stake in Georgian cement producer Kartuli Tsementi, investing for the first time in the Caucasus region. The Georgian planthas a capacity

24 May 2006

Heracles Cement returns to profitability

Greek cement producer Heracles , majority-owned by France’s Lafarge , on Tuesday reported first quarter net profit of Euro 2.6m, compared to a loss of Euro 3.2m last year. Heracles said first-q

24 May 2006

Italcementi looks to China for further growth

Italian group Italcementi, the world’s fifth cement producer, has been planning to further strengthen its positions and enter the eastern countries, eyeing China and its market as a good growth

24 May 2006

Cemex turns down government offer

Cemex SA has turned down the government’s proposal to buy the company’s shares in state-owned cement maker PT Semen Gresik (SG), saying that most of the government’s proposal goes ag

23 May 2006

China’s output of cement in March 2006

China produced 92,636,700t of cement in March 2006. The output in January-March reached 215,547,900t, up 23.3 per cent YoY according to the National Bure

23 May 2006

Venezuela to set up US$221m cement plant

Venezuelan President Hugo Chavez announced that the country will set up a US$221m cement plant in Maturin, in the Venezuelan northern state Monagas.

23 May 2006

Qatar cement shortage

A serious shortage of cement has hit the construction industry in Qatar, reports The Peninsula

23 May 2006

Malaysia’s CIMA targets five per cent revenue growth in 2006

Cement Industries of Malaysia Bhd (CIMA) said on Monday it aimed to boost revenues and return on equity this year. The cement maker said in a statement to the exchange it was targeting five per cent r

23 May 2006

Cement plants working at full tilt, South Africa

Cement plants are creaking under pressure from rising demand, and some of SA’s largest cement makers have experienced breakdowns at plants that are being run flat out, reports Businesss Day.

22 May 2006

Dam cements place in Chinese history

After 13 years of immense effort and technical ingenuity, China has put