International

20 June 2005

Yemeni Bajil cement factory 2004 revenue rises to US$24.5m

The Bajil cement plant in Yemen’s western Hodeidah posted a revenue of 4.71bn Yemeni riyals (US$24.5m) for 2004, up from 4.26bn riyals (US$22.11m) in 2003.

20 June 2005

Peru domestic cement sales At 329,149t May 2005

Peru cement sales on the local market increased by 8.4 per cent YoY in May 2005 to 329,149t, the local association of cement makers Asocem said.

20 June 2005

Congress approves US$196m cement plant

Venezuela’s national assembly has approved plans for the construction of a cement plant by government holding company Corporació Venezolana de Guayana (CVG) and Iranian firm Edhasse Sanat, local

17 June 2005

Iranian cement production capacity set to increase

According to “Tehran Times”, upon the completion of the construction of several new cement plants across the country, national cement output will rise by 4Mt. Three plants are expected to come into op

17 June 2005

Cimpor Brazil sees 2005 exports more than double

Cimpor Brasil, the Brazilian unit of Portugal’s cement maker Cimpor, is expected to more than double its exports in 2005, compared with the previous year, it was reported on June 16, 2005. The

17 June 2005

Semen Gresik May cement sales up

PT Semen Gresik cement sales in May were up 9.7 per cent at 1.42Mt from 1.29Mt a year earlier, with strong domestic sales offsetting a fall in exports, the Indonesian Cement Association (ASI) reported

17 June 2005

EuroCement Group intending to invest in the Ukraine

The Eurocement Group, Russia’s largest cement producer intends to invest US$27.5m in modernization of the Ukranian Baltsem cement plant (Balakliia, Kharkiv region) and the Pushka cement plant (Kramato

17 June 2005

ACC in expansion mode

India’s ACC has chalked out a capex plan of close to Rs 500 crore for the current fiscal, which would involve large-scale expansion in its grinding capacity. The cement major, in which Holcim has 34.

16 June 2005

Akmenes cement sales

Akmenes Cementas, Lithuania’s only cement manufacturer, posted sales of 12.324 million litas (EUR 3.57m) for the first five months of 2005, a decline of 2 per cent from the year-earlier figure o

16 June 2005

Peru’s May cement sales fall

Peru’s overall cement sales in May fell a tiny 0.02 per cent to 401,846t from the 401,945t sold in the same month a year before, the National Association of Cement Producers, or Asocem, said Wed

16 June 2005

FCC completes Giant upgrade

Cementos Portland Valderrivas, the cement division of Spanish construction and services group FCC, has expanded its US activities with the inauguration of a new $132m line at its giant Cement operatio

16 June 2005

Pricing of TPI Polene shares expected in July

Pricing for the 249-million-share private placement of TPI Polene is expected to be finalised by next month, according to Kim Eng Securities, the financial adviser for the offering, the Bangkok Post r

15 June 2005

Cyprus May 2005 cement sales drop to 134,000t

Cement sales in Cyprus dropped to 134,000t in May 2005 compared to 138,000t for the same month of 2004, according to data published by the island’s National Statistics Service (NSS). It is the

15 June 2005

Philippines’ Fortune Cement to merge with Continental

Fortune Cement Corp said its board of directors has approved the company’s merger with another Philippine cement maker, Continental Operating Corp, with Fortune Cement as the surviving entity.

15 June 2005

Thailand’s TPI Polene share sales could raise $250m

Kim Eng Securities (Thailand) has been chosen to advise Thai Petrochemical Industry (TPI) on the sale of its 30-percent stake in cement maker TPI Polene, TPI’s debt administrator said.

15 June 2005

Spanish consumption at 20.57Mt Jan-May 2005

Cement consumption in Spain increased 5.49% YoY to 20.57Mt in the first five months of 2005, the Spanish Cement Makers Association (OFICEMEN) said.