Cement News: International

23 May 2006

Venezuela to set up US$221m cement plant

Venezuelan President Hugo Chavez announced that the country will set up a US$221m cement plant in Maturin, in the Venezuelan northern state Monagas.

23 May 2006

Qatar cement shortage

A serious shortage of cement has hit the construction industry in Qatar, reports The Peninsula

23 May 2006

Malaysia’s CIMA targets five per cent revenue growth in 2006

Cement Industries of Malaysia Bhd (CIMA) said on Monday it aimed to boost revenues and return on equity this year. The cement maker said in a statement to the exchange it was targeting five per cent r

23 May 2006

Cement plants working at full tilt, South Africa

Cement plants are creaking under pressure from rising demand, and some of SA’s largest cement makers have experienced breakdowns at plants that are being run flat out, reports Businesss Day.

Dam cements place in Chinese history 22 May 2006

Dam cements place in Chinese history

After 13 years of immense effort and technical ingenuity, China has put

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

Five new cement plants to become operational 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