The Sabah State Government has assured that the supply of cement in the State is sufficient for development projects despite the hike in fuel prices announced early this month. In Sabah, a subsidiary
It’s apparently becoming difficult for prospective buyers to strike takeover deals in the cement sector. Suitors, including some of the top names such as Zuari, Cemex and Dalmia’s, are mov
According to a statement of Construction Minister of the Russian Sverdlovsk region A Karlov, several new cement plants will be built in the Sverdlovsk region, API News reported.
Local insurance firm PT Asuransi Wahana Tata settled on Wednesday the first insurance claim by tsunami-hit PT Semen Andalas Indonesia, whose plant in Nanggroe Aceh Darussalam was badly damaged by the
With increasing energy costs eating into its profitability, Siam City Cement Plc plans to raise its cement prices. The country’s second largest cement maker would not say when or by how much it
The State-run Development Assistance Fund last week granted a credit of almost VND700 billion (US$43.7m), with an annual interest rate of 6.6 per cent, for the construction of the Tay Ninh Cement Plan
Lafarge SA and Hong Kong-based Shui On Construction & Materials Ltd will apparently merge their cement operations in a joint venture in China, the companies said in a statement Thursday. Shui On Cons
Chilean cement company Cementos Bío Bío posted a consolidated net profit of COP13.1bn (US$24.1m) for 1H05, a 0.45% increase in relation to same-period last year, the company said. Bío Bío’s reve
Gujarat Ambuja has shown interest in investing Rs 1,000 crore in a cement plant in Marwar Mundwa region of Rajasthan. The chairman of Gujarat Ambuja, Suresh Neotia, indicated this while addressing the
Major cement companies reported a decline in production in July this year over the corresponding month last year.
Spanish cement maker Cementos Portland Valderribas SA, a unit of Spanish construction and services group Fomento de Construcciones y Contratas S. A., has reached an agreement to buy local sector compa
Ukrainian plants of Eurocement Group produced 1.5Mt of cement in Jan-July 2005, up eight per cent from the figure posted in the same period 2004, the company’s press service reported.
Turkish cement producer Cimsa will put into operation a US$30m (EUR24.3m) cement plant in 2005. The plant, located in Kayseri, central Turkey, will have a capacity of 1800tpd utilising low fuel and el
Kan Trakulhoon, president of Siam Cement Plc, the country’s largest industrial conglomerate, has forecast a slight upturn in the economy during the remaining period of this year.
Shiva Cement Ltd., has informed BSE that the major shut down of it kiln (June 2005) is going to be restarted on August 16 with major modifications. The company expects improvement in production and ef
Siam City Cement Plc (SCCC), the country’s second largest cement maker, concedes that rising energy costs could cut profit growth this year.