Cement News: International

18 July 2006

Peru Cement Output at 2.77Mt

Peruvian cement output stood at 2.77Mt for the first half of 2006, up 15.63 per cent year-on-year, according to data of the Peruvian cement producers’ association Asocem.

18 July 2006

Anhui Conch to acquire three subsidiaries from parent

Anhui Conch Cement Co. Ltd. has announced that following a meeting of its board of directors, the company has asked for its shareholders’ approval to acquire three subsidiaries from its parent Anhui C

18 July 2006

Heidelberg to buy Mysore Cement, India

Barely four months after entering India through a joint venture with Indorama Cement, HeidelbergCement is set to consolidate its presence through acquisition of a majority stake in Mysore Cements.

17 July 2006

Iran cement increase

Output of the Iranian cement industry in Spring 2006 saw an increase of 300,000t compared to the same period last year. The predicted amount for this period as 7.9Mt but reached an unexpected 8.4Mt. I

Cement Company petitions senate over closure, Nigeria 17 July 2006

Cement Company petitions senate over closure, Nigeria

The Ibeto Cement Company, has sent a petition to the Senate, accusing the Federal Government of complicities in the closure of its cement bagging plant.

17 July 2006

Cement firm to expand Rashadiyah plant, Jordan

Jordan Cement Factories Company (JCFC) will invest JD20m to expand its production capacity at the Rashadiyah factory, a JCFC statement said.

Cement sales to rise 10 per cent per year through 2010, Vietnam 17 July 2006

Cement sales to rise 10 per cent per year through 2010, Vietnam

Cement sales in Vietnam will annually increase by 8-10 per cent from now till 2010, according to the Trade Minsitry. Existing cement and clinker makers in Viet Nam will intensify production in the nea

17 July 2006

Indonesia Government, Rajawali agree on voting rights for Gresik sale

The government and the Rajawali Group finally reached an agreement on voting rights, paving the way to closing the share sales deal that will make Rajawali a 24.9 per cent shareholder of state cement

14 July 2006

Oman’s Raysut Cement H1 net soars over 100 per cent

Oman’s Raysut Cement Company (RCC) said its first-half net profit shot up 100.6 percent to 10.07 million rials ($25.98 million) on enhanced production capacity.

14 July 2006

SAIL, Jaypee may team up for Bokaro cement plant

The Jaypee group is leading the race to become the strategic partner in Steel Authority of India’s (SAIL) proposed cement plant at Bokaro. As per the plans, SAIL is to hold 26% stake in the join

14 July 2006

UAE demand to keep rising

Given the pace of construction in the UAE, demand for cement is expected to increase by up to 15 per cent every year for the next five years, raising prices for the commodity during this period, accor

14 July 2006

Holcim Indonesia sees lower 06 sales

The chief of PT Holcim Indonesia Tbk , the country’s third largest cement maker, said on Friday the firm’s 2006 sales could be up to 14 per cent lower than last year due to a slowdown in t

14 July 2006

China’s cement output hits new high in first five months

China’s cement output in the first five months hit a new high with a rise of 20.4 per cent from the previous year, said a new report on Thursday.

13 July 2006

Eurocement to investigate Middle East markets

Eurocement Group Ukraine, a subsidiary of Eurocement Group (Moscow) has plans to develop the markets of Mid East. Hennadii Donets, the director of the Eurocement Group Ukraine, said to Ukrainian News.

13 July 2006

Al-Jazira Cement signs new plant contract, Saudi Arabia

Saudi Al-Jazira Cement, a newly established cement company, has signed a SAR1.54bn (US$411m) contract with an unnamed German company for the construction of a cement plant. The plant will have a combi

13 July 2006

Cemex to close sale of Indonesia Gresik Friday, Indonesia

Cemex SA should complete the US$337m sale of a 24.9 per cent stake in Indonesia’s top cement maker to the Rajawali Group on Friday, a senior Rajawali executive said.