Gujarat Ambuja has shown interest in investing Rs 1,000 crore in a cement plant in Marwar Mundwa region of Rajasthan. The chairman of Gujarat Ambuja, Suresh Neotia, indicated this while addressing the
Major cement companies reported a decline in production in July this year over the corresponding month last year.
Spanish cement maker Cementos Portland Valderribas SA, a unit of Spanish construction and services group Fomento de Construcciones y Contratas S. A., has reached an agreement to buy local sector compa
Ukrainian plants of Eurocement Group produced 1.5Mt of cement in Jan-July 2005, up eight per cent from the figure posted in the same period 2004, the company’s press service reported.
Turkish cement producer Cimsa will put into operation a US$30m (EUR24.3m) cement plant in 2005. The plant, located in Kayseri, central Turkey, will have a capacity of 1800tpd utilising low fuel and el
Kan Trakulhoon, president of Siam Cement Plc, the country’s largest industrial conglomerate, has forecast a slight upturn in the economy during the remaining period of this year.
Shiva Cement Ltd., has informed BSE that the major shut down of it kiln (June 2005) is going to be restarted on August 16 with major modifications. The company expects improvement in production and ef
Siam City Cement Plc (SCCC), the country’s second largest cement maker, concedes that rising energy costs could cut profit growth this year.
The merger of the eight Grupo Argos cement companies in Colombia has now been approved by the shareholders of all the firms involved and the only remaining obstacle is the green light from the governm
FLSmidth has agreed to a settlement with the German clinker cooler producer IKN Ingenieurbüro Kühlerbau Neustadt GmBH (IKN). Against this background, FLSmidth has dropped the planned civil action and
Suez Cement, Egypt’s leading cement producer and 54.2 per cent controlled by the Italcementi subsidiary Ciments Français, has concluded an agreement to acquire a 68.7 per cent stake in ASEC Ceme
Saudi investments in Algeria have reached US$1 billion in the first half of this year, according to the Algerian Agency for Investment Development, KUNA reported. In a statement it issued, the agency
Inflationary pressures from higher energy prices and a weakening rupiah, in addition to a delay in major infrastructure projects, may result in this year’s growth in domestic cement demand being
Spohn Cement GmbH has raised its stake in German building materials group HeidelbergCement AG to 52.3 per cent as of August 3, 2005. Spohn, controlled by HeidelbergCement’s shareholder Adolf Mer
Argentine cement companies Juan Minetti and Loma Negra have appealed several hundred million pesos in fines that the government imposed on them last week for price collusion in the cement industry.
Domestic cement consumption in Indonesia could grow by less than eight per cent this year in the wake of the government’s move to increase fuel prices last March, a senior company executive said