International

22 May 2006

Pakistan cement firms cut output

With declining trend in cement prices being witnessed for the last few weeks, some cement firms have reduced their production by over 30 per cent during the last one month. The production of cement, w

22 May 2006

Five new cement plants to become operational

Five new cement plants with a total capacity of about 3.75Mt will become operational in the current year (Iranian year ends March 20), an official at the Ministry of Industries and Mines said, MNA rep

22 May 2006

Cement sector set to grow steadily

China’s cement industry will likely see a steady recovery following a consolidation that will close smaller inefficient firms while a booming economy will spur domestic demand, Morgan Stanley said. "W

22 May 2006

Indonesia’s Semen Gresik four month cement sales

PT Semen Gresik said its four months to April cement sales reached 4.73Mt, up 1.4 per cent year-on-year, with a heavy fall in exports offsetting gains in local sales. It said domestic sales in the f

22 May 2006

Akcansa to invest US$135m in capacity increase

Turkish cement producer Akcansa will invest US$135m to raise the capacity of its cement plant in Canakkale, western Turkey, company general director Mehmet Gocmen said on May 19, 2006. The project is

22 May 2006

Lafarge improving in Malaysia

Lafarge Malayan Cement Bhd, which swung into the black in the first quarter of the year, expects to continue as the local market leader this year, riding on improved operational efficiency and increas

22 May 2006

Cement production to start in Laos

The production of cement at the Saravane cement factory, Laos, will start at the end of this year, according to a local source. The construction of the factory has so far been 70 per cent completed a

22 May 2006

Cement prices up due to demand, not cartel

The Indian cement industry is in the midst of an unwanted controversy. With the prices rising, Commerce Minister Kamal Nath had accused the industry of forming a cartel. Nath asked the industry to cut

22 May 2006

Vested interests could win in Cemex sale

An acute lack of leadership on the part of President Susilo Bambang Yudhohoyono’s government to act decisively on unpopular, yet good, measures, is an apt way to describe this ongoing business s

19 May 2006

Indocement mulls price cuts, Indonesia

Indonesia’s second largest cement maker, PT Indocement Tunggal Prakarsa, is considering the possibility of price cuts in order to regain market share, particularly in the key Jakarta and West Ja

19 May 2006

No change in cement import, export policy, Pakistan

The government rejected on Thursday the demand of cement manufacturers to immediately change the policy on import and export of cement and informed the All Pakistan Cement Manufacturers Association (A

19 May 2006

Dyckerhoff to build two cement lines, Russia

German construction material producer Dyckerhoff AG has decided to build two cement production lines, worth a total of about US$150m, in Russia’s Sverdlovsk Region, Wolfgang Bauer, chairman of D

19 May 2006

Dalmacijacement Q1 2006 profits rise, Croatia

Croatian cement producer Dalmacijacement, part of Cemex, posted a consolidated net profit of 16.2 mln Croatian kuna (US$2.8m) in the first quarter of 2006, up 165 per cent from 6.1 mln kuna (US$1.0m)

19 May 2006

Ancap invests to modernise cement plants, Uraguay

Raul Sendic, vice president of the state run Ancap, Uraguay, said the company board has approved investments of US$13m to modernise its cement plants.

19 May 2006

Cemex expected to reject Indonesian minister’s move

Cemex Asia Holdings Ltd, which wants to sell its 24.9 per cent stake in state cement maker PT Semen Gresik, is expected to reject a move by Minister for State Enterprises Sugiharto, who is seeking to

19 May 2006

Vietnam demand on the rise

Domestic demand for cement is forecast to increase sharply to around 3.2-3.4Mt in May and June this year due to the peak in the construction season, according to the Ministry of Trade. In April, many