International

27 May 2005

Romania watchdog fines cement companies

Romania’s competition council fined the country’s main cement producers EUR28.5 million for allegedly fixing prices on the local market, the regulator said in a statement Thursday. The Ro

26 May 2005

China’s Anhui Conch units to acquire more capacity

Anhui Conch Cement Co Ltd, one of China’s leading cement producers, said its board has approved a proposal allowing two units to acquire assets in two joint ventures in the southwestern province

26 May 2005

Taiwanese cement makers expand in China

Despite sharp declines in the prices of cement and premixed concrete in mainland China, Taiwanese cement makers operating production facilities there are ambitiously expanding production capacity in a

26 May 2005

Cement shortages still a problem in Miami

Rising steel costs, low supplies of cement and a shortage of workers still may be delaying construction schedules in Miami-Dade County. One industry executive said last week that a lack of cement coul

26 May 2005

Lafarge repeats 2005 profit growth target

Lafarge reiterated on Wednesday that it expected six to eight per cent growth in operating income in 2005, excluding the effect of currency swings, acquisitions and disposals. "Despite the strong in

25 May 2005

Ex-factory price of construction goods steady in China

The ex-factory prices of construction materials and non-mineral products in March remained the same as in the previous month but decreased by 1.78 per cent on-year. The ex-factory price of cement aver

25 May 2005

Electra order from Lafarge Canada

Electra Gold Ltd. has received a purchase order from Lafarge Canada Inc. for 2200t of chalky geyserite for its cement plant located in Richmond, BC. The chalky geyserite must be delivered to Port Har

25 May 2005

CIMA hit by higher output cost

Malaysia’s third largest cement producer Cement Industries of Malaysia Bhd (CIMA) suffered a net loss of RM14.89 million for the first quarter of the year, buoyed by an increase in its productio

25 May 2005

Siam Cement approves plant investment

Industrial conglomerate Siam Cement PCL said Wednesday its board has approved a plan to invest THB3.2 billion in a new integrated cement plant in Cambodia. Siam Cement will

25 May 2005

Cemex no comment on Gresik

Cemex declined to comment Wednesday on a senior Indonesian government minister’s assertion that the Mexican cement producer agreed to sell its stake in state-owned Semen Gresik. Cemex’s to

24 May 2005

Russian antitrust regulator probes Eurocement Group

Russia’ Federal Antimonopoly Service (FAS) has reportedly initiated a case against Eurocement Group, FAS’ress service said Monday.

24 May 2005

Mykolaivtsement increases Production by 30% in April, Ukraine

In April, the Mykolaivtsement company (Mykolaiv, Lviv region) increased cement production by 30% or 25,900t compared with April 2004, to 112,100 tons. According to a statement by

24 May 2005

Higher cement volumes in 2Q05, Latin America

Standard & Poor’s (S&P) expects higher cement sales volumes in the second quarter this year over Q1, supported by increased activity in the housing and infrastructure sectors, S&P said in part o

24 May 2005

Cemex agrees to sell its Semen Gresik stake, Indonesia

Cemex SA has agreed to sell its 25 per cent stake in PT Semen Gresik to settle a long-standing dispute over a failed option to acquire a majority stake in Indonesia’s largest cement maker, Coord

24 May 2005

Govt Approves cement industry’s development plan, Vietnam

The Vietnam Government has approved a 15-year development plan for Vietnam’s cement industry, leading up to 2020.

24 May 2005

US$150m cement plant in Leningrad Region on the cards, Russia

St Petersburg-based construction company LSR Group is considering an option to build a cement plant worth between US$100m and $150m in Russia’s Leningrad Region jointly with