International

12 January 2006

Cement discussions with US ’advanced’

Mexican Economy Minister Sergio Garcia de Alba said Wednesday that talks with the US aimed at settling a 15-year-old dispute over cement import duties are "very advanced," and that an agreement could

12 January 2006

Solid cement sales in South Africa

The Cement and Concrete Institute of South Africa reports that cement sales last year increased 10 per cent over 2004.

11 January 2006

Steppe Cement to get tax breaks, Kazakhstan

Karcement JSC, a subsidiary of AIM-listed Steppe Cement Ltd, has been given a five year tax exemption by Kazakhstan when it begins work on refurbishing dry kiln lines in 2006 and 2007.

11 January 2006

GCC not planning to pull out of Bolivia

Despite radical left-winger Evo Morales’ comfortable victory in Bolivia’s recent presidential elections, Mexican cement maker Grupo Cementos Chihuahua (GCC) is optimistic about its investm

11 January 2006

Mexico nears cement deal with US

Mexico is close to a deal with Washington to end a 15-year cement fight over US duties after cement shortages in the United States forced the neighbours to end the dispute.

11 January 2006

Cement industry expects to grow at least 2.5% in 2006

Mexico’s national cement chamber (Canacem) believes that the industry will grow by around 2.5% this year, but factors such as the presidential elections could lift growth even further, according

11 January 2006

Chilean Melon to build US$20m plant in Central Chile

Chile’s leading cement producer Empresas Melon, controlled by the French based construction materials group Lafarge, plans to build a new cement grinding plant in Chile’s Region V, in the

11 January 2006

Analysts expect strong growth for cement sector this fiscal

Analyst expect the cement sector go through strong growth during the current fiscal year with higher demand and profit margins, however they estimated it to be unsustainable due to continuous increase

10 January 2006

State and producers royalties dispute

Government and cement producers are reportedly in dispute over the companies’ refusal to pay a two per cent royalty in a development that has unearthed inconsistencies in the country’s min

10 January 2006

Yemeni Al-Barh Cement Plant output

Yemeni state-run al-Barh Cement Plant in the southwestern governorate of Taiz produced a total 569,437t of cement in 2005, the plant’s director general Hussain Saeed al-Malaisi said

10 January 2006

Pakistani cement units penalised

The Monopoly Control Authority has imposed penalty of Rs 100,000, and Rs 10,000 per day, from the middle of November 2005, against 18 cement factories for non-compliance of its

10 January 2006

Indonesia’s Semen Baturaja to launch IPO

State-owned cement producer PT Semen Baturaja said it will launch an initial public offering (IPO) this year and sell 40 per cent of its shares to the public. The company, which is located

10 January 2006

Lafarge to invest more in Ecuador

Lafarge plans to invest US$12 million in its Ecuadorean unit Cementos Selva Alegre over the next three years, the chief financial officer of the Andean unit said Monday. The investment

09 January 2006

Cement prices not yet to rise

Cement prices in Ho Chi Minh City have recently increased by VND12,000 – 15,000/t. Until now, the Government as well as cement makers have not signaled to rise cement prices yet

09 January 2006

Removing dual sales tax on cement a good step

The Tamil Nadu chapter of industry FICCI on Friday said scrapping dual sales tax structure on cement and levying a uniform 14 per cent tax on all grades of cement at the first point of sale by the sta

09 January 2006

SHC suspends MCA order

A Sindh High Court bench suspended on Friday an order of the Monopoly Control Authority (MCA), directing cement manufacturers to bring down cement prices to the level of January-March 2003.