Cement News: International

29 August 2006

Maple Leaf production rises

The third quarter of the current financial year 2005-06 ended on March 31, 2006. Maple Leaf Cement Factory Ltd (MLCFL) recorded production of grey cement at 1.083Mt. It also produced 252,000t of white

29 August 2006

CSN buys Chinese equipment

Chinese machinery and equipment manufacturing companies have moved into the Brazilian cement sector after Companhia Siderurgica Nacional (CSN) Cimentos signed a deal with two companies for the constru

29 August 2006

Thanh Hoa province sees cement growth

The Vietnamese Cong Thanh Cement Factory is scheduled to be operational in August 2008. This is the third cement factory being invested in Thanh Hoa province. Bim Son and Nghi Son cement factories hav

29 August 2006

Court Approves Euro Cement settlement

A Moscow court validated the settlement of an antitrust case between Euro Cement Group, Russia’s biggest cement maker, and the federal government, which may help provide affordable new apartments in R

Holcim fined for breach of open offer 29 August 2006

Holcim fined for breach of open offer

The Securities and Exchange Board of India (Sebi) on Friday slapped a penalty of Rs25 crore (US$5m) on Holcim (India) for violation of Sebi’s open offer norms with respect to its indirect acquis

29 August 2006

Irkutsk builders promised China’s cement

Vice mayor of Russia’s Irkutsk region, Igir Bychkov, has said the city administration intended to invite Chinese makers of cement and fittings to the region to establish competitive environment on con

UltraTech won’t be merged with Grasim 29 August 2006

UltraTech won’t be merged with Grasim

The Aditya Birla group has no plans of merging UltraTech Cement with parent Grasim Industries, chairman Kumar Mangalam Birla said on Monday, putting to rest recent speculation that the group is workin

25 August 2006

Finland: Demand for cement brisk

Demand for cement exceeds supply in the Baltic Sea area at the moment because of lively construction operations. Sales of cement have increased also in Finland in early 2006 by about 13% from the corr

25 August 2006

Rebate on cement export to Kabul

Pakistan is being pressurised by the United States for resumption of rebate on cement export to Afghanistan. The rebate was withdrawn by the federal government to stabilise prices in the local market

25 August 2006

China’s new cement policy spurs development

The State Council, the highest governing body of China, has recently approved the Specific Plan on Development of Cement Industry and the Policy on Development of Cement Industry, according to the Nat

25 August 2006

Cement, Steel Prices to Remain Stable

Prices of cement and steel in Vietnam will still be stable as at present despite a recent petrol price hike leading to the increase in prices of many goods, market researchers forecast. An official f

25 August 2006

Cement price ceiling

The Egyptian minister of Trade and Industry has announced a ceiling ex-works price for domestic bagged cement at EGP290/t (EUR40/t). This comes just after the anti-trust investigation launched in July

25 August 2006

Holcim half year data and analysis

In the first half of 2006, Holcim increased its cement volumes by 24.8% to 65.5Mt, with ready-mixed concrete deliveries rising by 20.3% to 20.7m m³ and aggregates shipments advancing by 23.9% to 84.6M

24 August 2006

Siam Cement may buy or build in Indonesia

Siam Cement may invest as much as US$200m to build or acquire a plant to make the building material in Indonesia as growth slows at home in Thailand. Siam Cement, Thailand’s biggest cement and p

24 August 2006

Colombia’s Argos to build $275m plant

Cementos Argos , Colombia’s top cement maker, will try to boost exports by building a US$275m cement plant in Caribbean port city Cartagena, the company said on Wednesday. The plant will be abl

24 August 2006

Semen Gresik July cement sales down marginally

PT Semen Gresik sold 1.43Mt of cement in July, down from 1.49Mt in June and 1.48Mt in the year ago month, data from the Indonesian Cement Association (ASI) showed. In the first seven months, Semen Gre