Cement Industry News tagged under: International

30 August 2006

National Cement approves fcb expansion

Board of Directors of Qatar National Cement announced on 29/08/2006 the approval to go ahead for an expansion with FCB cement which would be singed next month for the value of approximately Qr. 800 Mi

30 August 2006

US housebuilding slump

Optimism among US house builders has fallen to its lowest level in 15 years, the latest sign that a once booming market has now slowed sharply. The National Association of Home Builders’ index o

30 August 2006

Four investors compete for a cement project at Djelfa

The growing demands of the Algerian cement market has promptewd four investors competing to obtain a transaction of a grey cement factory project in Ain El Bell, Djelfa. The four investors are from Sa

30 August 2006

Renminbi rise helps Taiwan producers

As mainland China’s currency renminbi has appreciated to hit over eight dollars against one US dollar. Taiwan Cement Corporation (TCC) will be able to secure more profits in the second half than the f

Readymix Ireland links with Cemex IT 29 August 2006

Readymix Ireland links with Cemex IT

Irish cement maker, Readymix PLC said it has entered into an arms length commercial agreement with majority shareholder Cemex to use the latter’s proprietary business model and information techn

29 August 2006

Govt asks cement industry to review profit margins

The government has called on the Tanzania Portland Cement Company Limited (TPCC) and the cement industry in general to review its profit margins so as to enable more customers buy the firm’s cement pr

Maple Leaf production rises 29 August 2006

Maple Leaf production rises

The third quarter of the current financial year 2005-06 ended on March 31, 2006. Maple Leaf Cement Factory Ltd (MLCFL) recorded production of grey cement at 1.083Mt. It also produced 252,000t of white

29 August 2006

CSN buys Chinese equipment

Chinese machinery and equipment manufacturing companies have moved into the Brazilian cement sector after Companhia Siderurgica Nacional (CSN) Cimentos signed a deal with two companies for the constru

29 August 2006

Thanh Hoa province sees cement growth

The Vietnamese Cong Thanh Cement Factory is scheduled to be operational in August 2008. This is the third cement factory being invested in Thanh Hoa province. Bim Son and Nghi Son cement factories hav

29 August 2006

Court Approves Euro Cement settlement

A Moscow court validated the settlement of an antitrust case between Euro Cement Group, Russia’s biggest cement maker, and the federal government, which may help provide affordable new apartments in R

29 August 2006

Holcim fined for breach of open offer

The Securities and Exchange Board of India (Sebi) on Friday slapped a penalty of Rs25 crore (US$5m) on Holcim (India) for violation of Sebi’s open offer norms with respect to its indirect acquis

29 August 2006

Irkutsk builders promised China’s cement

Vice mayor of Russia’s Irkutsk region, Igir Bychkov, has said the city administration intended to invite Chinese makers of cement and fittings to the region to establish competitive environment on con

29 August 2006

UltraTech won’t be merged with Grasim

The Aditya Birla group has no plans of merging UltraTech Cement with parent Grasim Industries, chairman Kumar Mangalam Birla said on Monday, putting to rest recent speculation that the group is workin

25 August 2006

Finland: Demand for cement brisk

Demand for cement exceeds supply in the Baltic Sea area at the moment because of lively construction operations. Sales of cement have increased also in Finland in early 2006 by about 13% from the corr

25 August 2006

Rebate on cement export to Kabul

Pakistan is being pressurised by the United States for resumption of rebate on cement export to Afghanistan. The rebate was withdrawn by the federal government to stabilise prices in the local market

25 August 2006

China’s new cement policy spurs development

The State Council, the highest governing body of China, has recently approved the Specific Plan on Development of Cement Industry and the Policy on Development of Cement Industry, according to the Nat