International

28 April 2006

Ultratech investment plans

India’s largest cement maker Grasim Industries, along with its subsidiary UltraTech Cement, is planning to invest around Rs 6,000 crore to increase the total cement capacity of the company to 40Mt by

28 April 2006

Gresik net profit forecasts, Indonesia

Indonesia’s PT Semen Gresik expects 2006 net profit to increase by up to 20% on year because of higher sales, its president said Friday.

28 April 2006

Grasim rules out cement price rise

Grasim said that cement prices will no longer ride north but stabilise at the present levels. “Going forward, I see the cement prices remaining at the present levels. Whatever hike in prices had to ha

28 April 2006

Mexico’s Cemex eyes China, India, Brazil, Russia

Cemex has reportedly set its sights set on new business in four of the world’s largest nations – China, India, Russia and Brazil.

27 April 2006

Lafarge inaugurates a new cement plant, Mexico

Lafarge announces that it is doubling its grey cement production capacity in Mexico with the inauguration of a state-of-the-art ceme

27 April 2006

Cement workers agree with employers

Agreement was reached between the Turkish Çimse-Iş Union and the Cement Producers� Employers Union (CMIS) at the collective bargaining me

27 April 2006

Conch targets 23% rise in 2006 cement sales, China

Anhui Conch Cement Co said Wednesday it is aiming for an increase in cement sales of around 23% this year, despite China’s moves to curb cement production as part of efforts to cool overheated s

27 April 2006

Demand for cement to ebb, Thailand

Siam Cement Plc, the country’s largest producer, expects domestic demand for cement to fall next year due to the government’s mega-

27 April 2006

Court to hear US’ Russia Partners suit vs Eurocement May 16

The Moscow Arbitration Court has scheduled for May 16 the preliminary hearings of a RUB 3.35bn lawsuit filed by US-based investment fund Russia Partners against Russia’s Eurocement Group, an off

27 April 2006

Rising cement price slows down construction, India

Steep hike in the prices of construction material, especially of cement, has served a serious setback to the construction industry in Kerala. During the last couple of months, the price of cement has

27 April 2006

GCC acquisition, USA

Mexico’s Grupo Cementos de Chihuahua (GCC) announced the acquisition of 100% of the share capital of The Hardesty Company, Inc, doing business as Mid-Continent Concrete Company, and Alliance

27 April 2006

Plea to revive CCI unit, India

The Cement Corporation of India Employees’ Union (CCIEU) has asked Chief Minister Y.S. Rajasekhara Reddy to take steps to revive the closed unit. "The Chief Minister out to protect the public se

27 April 2006

Sibirsky Tsement to invest in Krasnoyarsk plant, Russia

Russian holding Sibirsky Tsement (Siberian Cement) plans to invest US$150m in cement production at its plant located in Krasnoyarsk this year, t

27 April 2006

Cementos Lima 1Q net profit up, Peru

A 17% increase in cement sales helped lift Cementos Lima SA’s first-quarter net income to PEN32.2m (US$9.7m) compared with PEN23.4m in the same quarter in the previous year.

27 April 2006

Pioneer to start new line, Pakistan

Pioneer Cement, starting to produce 4,300tpd within this week, would help stabilise cement prices in the domestic market. According to industry sources, Pioneer Cement will start producing 4,300tpd of

26 April 2006

Nevada Cement agree on new contract, USA

Union members at northern Nevada’s largest cement provider have approved a new contract, averting a strike that could have crippled the local construction industry