International

30 December 2005

Malaysia: tougher conditions in 2006

Cement and steel producers, whose businesses have been affected this year due to a weak construction sector, may face an even tougher

30 December 2005

Indonesia’s Nov cement consumption up

Indonesia’s cement consumption, a good indicator of economic activity, rose 3.2 per cent in November from a year earlier, the country’s largest

30 December 2005

Anhui Conch Cement confirms MS-IFC investments

MS Asia Investment, an entity controlled by Morgan Stanley Private Equity Asia (MSPEA), Thursday announced here the signing of a definitive agreement

28 December 2005

Ship en-route Albania saved

South Korean registered ’DEA’ a bulk carrier loaded with cement and en-route from Greece to Albania was saved from sinking around 2 miles off the Himara shores, Albania.

28 December 2005

Vietnamese cement markets make gains

Despite a stagnant real estate market, Vietnam is expected to consume 28.9Mt of cement this year, an increase of 9.5 per cent over last year’s figure, according to the Vietnam Cement Corporation

28 December 2005

Shaanxi Province project planning

China’s Shaanxi province plans to undertake ten major projects that will require an estimated 600 billion yuan (US$74.3bn) during the eleventh five-year program period (2006-2010).

28 December 2005

Co-Management will help advance socialism in Venezuela

Hugo Chavez, Venezuela’s president is moving his socialist agenda into a new phase by turning some expropriated companies into government-financed operations, jointly run by the state and worker

28 December 2005

Open access to power distribution

To encourage captive private power generation in India, an enabling environment to the Electricity Act 2003 is being worked out to harness power from such sources.

28 December 2005

Birla Corporation expands Bengal cement plant

With the commencement of commercial production of its new plant, Durga Hitech Cement, at Durgapur on December 24, Birla Corporation Ltd of the M P Birla group, has become one of the largest cement

28 December 2005

Narmada Cement to merge with Ultratech

The Board of UltraTech Cement Ltd (UTCL), an Aditya Birla Group company, on Monday approved the merger of its subsidiary Narmada Cement Company Ltd (NCCL) with UTCL.

28 December 2005

UAE cement demand improves

Cement demand in the UAE reached 12Mt in 2005, which is a 15 per cent year-on-year increase, according to the latest report of the UAE Ministry of Finance and Industry, it was reported on December

28 December 2005

Mexican cement production increases

Cement production in Mexico rose by 3.35 per cent in the first 10 months of this year, according to preliminary figures released by the national cement chamber (Canacem).

26 December 2005

Maharashtra cement plant planned

Murli Agro Products Ltd of the Maloo Group has planned investments of Rs900 crore in the Vidarbha region of Maharashtra, India in the next three years. The investments would go

26 December 2005

Cement production rises in Vietnam

Vietnam estimates that its industrial production rose 19.4 per cent year on year in December on strong demand for processed seafood products, steel and cement, according to data published

26 December 2005

Taiwan Cement predicts higher gross profits

Taiwan Cement predicted its gross profits in the final quarter of this year would grow by 12 per cent, posting the highest level in a decade thanks to the increasing shipment monthly

26 December 2005

Cimsa starts clinker production at Kayresi plant

Turksisk Cement company Cimsa Cimento Sanayi announced that the new kiln in Kayseri grinding facility become operational as of Dec 22 and clinker production started