Cement News: International
India Cements Ltd, which has reported a profit for the second straight year plans to have a pan-India footprint. Apart from signing up for a two million tonnes a year cement plant in Himachal Pradesh
Italcementi will invest Rs 800 crore (US$174m) over the next two years in various greenfield and acquisition projects the company’s Chief Executive Officer Mr Carlo Pesenti said. The Italian com
The Incorporated Masterbuilders Association of Jamaica (IMAJ) says it members are now faced with the task of renegotiating contracts with their clients and absorbing losses. Speaking Monday on Beyond
The Dominican Association of Cement Producers said today the market will set the product’s price, and considered that the cost agreed-to with the Industry and Commerce Ministry to end the “price war”
The burning of two cement units in Ganderbal, Kashmir, India by a mob has sent shock waves among the industrial fraternity with industrialists accusing government of failing to protect the factory fro
Capacity utilisation in Ukraine’s cement industry stood at 57.5 per cent in 2005, while the average figure for member companies of local cement producers’ association Ukrcement ( which inc
LLC Bazel (Basic Element) Russia has reorganised its cement business in a separate division and will develop it as independent line of business, managing director of Bazel for construction and constru
South Africa will spend about 27 billion rand (US$3.96bn) in construction over five years in a bid to help hasten economic growth in Africa’s biggest economy, Public Enterprises Minister Alec Er
Due to a boom in the construction sector, Nuh Çimento prefers to sell cement to domestic customers, thus reducing its exports and having to compensate international customers as a result.
Gazan Agricultural Development said it plans to build a SR1.1bn ($293m) cement plant, the latest in a series of such projects amid a surge in demand in Saudi Arabia. Shares in the company soared by ne
Within a month of the government demanding an explanation from the country’s cement manufacturers for exorbitant rise in prices, cement rates have been hiked again, making it fifth hike in last
China CAMC Engineering Co Ltd has concluded a deal to construct a cement production line in Kyrgystan, the official Shanghai Securities News reported.
The country consumed 13.3Mt of cement in the first five months of the year, a YoY increase of 15 per cent, according to the Ministry of Planning and Investment.
Italcementi SpA said it has signed a memorandum of understanding with its Saudi Arabian partner Arabian Cement Company to start a feasibility study for a new cement plant near the city of Jeddah.
Industry sources say that after a controlling stake in ACC Ltd and Ambuja Cement Eastern Ltd and buying around 15 per cent in Gujarat Ambuja, Holcim is now keen on acquiring a stake in Mysore Cements
China CAMC Engineering Co Ltd has concluded a deal to construct a cement production line in Kyrgystan, the official Shanghai Securities News reported. The plant is expected to have an output of 2500t