International

02 June 2005

Holcim Hungaria invests in new factory

Cement maker Holcim Hungaria Cementipari Rt, a subsidiary of Holcim group plans to invest EUR 220m in the construction of an environment-friendly cement factory in Nyergesujfalu, in northwestern Hung

02 June 2005

Qilianshan Cement invests in two projects, China

Gansu Qilianshan Cement Co Ltd said it plans to build two cement production lines in the northwestern regions of Ningxia and Gansu with a total investment of around CNY900m.

02 June 2005

Heidelberg Bosnian unit upgrade investment

Bosnian cement plant Tvornica Cementa Kakanj (TCK), owned by HeidelbergCement, said it is to invest 6m marka (US$3.8m) this year to upgrade its production facilities.

02 June 2005

Cemex to form joint-venture with Ready Mix USA

Cemex has announced that its US unit plans to form a joint-venture with privately held Ready Mix USA, geared toward the southeastern US market.

01 June 2005

Indian cement consumption up this year

Cement consumption in India recorded a 6 per cent increase during 2004-05 over the previous fiscal year. Cement consumption growth in Chhattisgarh stood at an impressive 45 per cent, followed by Bihar

01 June 2005

Tanga cement private sector boost

Tanga Cement Co. Limited has donated 250 bags (12.5t) of cement to the Tanzania Private Sector Foundation (TPSF). Communication Manager company, Kati Kerenge handed over the donation to the TPSF Vice-

01 June 2005

Poland’s cement usage likely to increase in 2005

Poland’s cement usage is likely to increase for another consecutive year in 2005, even up to five per cent, from a three per cent growth in 2004, Cement Producers Lobby deputy president Andrzej

01 June 2005

Holcim buys from NZ competitor

Holcim has been forced to buy cement off rival Fletcher Building (Golden Bay Cement) because of continuing problems with Westport harbour. Low harbour bar depths, caused by a shortage of rainfall in

31 May 2005

Workers killed in roof collapse

At least 12 people, including five women, were crushed to death and 20 injured when an under-construction roof, crumbled this afternoon in a cement factory in Dalmiapuram in neighbouring Perambalur di

31 May 2005

Santa Cruz, La Paz drive Q1 cement production

Cement production in Bolivia in the first quarter grew 9.24 per cent to 308,973t compared to 1Q04, the country’s national statistics institute (INE) reported. The increase was due

31 May 2005

Kenyan cement sector up by 11.9 per cent

Kenyans completed new buildings worth Sh2.3 billion last year, adding a clean Sh1 billion to the 2003 figure. A major beneficiary of the virtually private-sector-driven boom was the

31 May 2005

Povazska cementaren profit down

Slovak cement maker Povazska cementaren made profit worth almost Sk177 million in 2004, a drop of five per cent on the year, Jozef Sutara, an assistant to Povazska CEO, told CTK today. Sales were fl

31 May 2005

Mega projects in the pipeline

Indian Finance Minister P Chidambaram on Thursday indicated that the Government, with the assistance of the Investment Commission, was actively pursuing the setting up of three mega infrastructure pro

31 May 2005

Semen Padang gets US$120m loan from Central Bank

Semen Padang, a subsidiary of state-owned Semen Gresik, secured a loan of Rp190 billion (US$20m) from Bank Central Asia (BCA). Semen Gresik President Satriyo said the loan fund will be used to refinan

31 May 2005

Indocement to retain profit to repay debt

Cement maker PT Indocement Tunggal Prakarsa said it may not distribute dividends from last year’s profit as it gives priority to repaying debts. Company finance director Christian Kartawijata sa

31 May 2005

Lafarge Malayan to fight pricing trends

Lafarge Malayan Cement Bhd, Malaysia’s largest cement producer, will not initiate a price war despite a fall in cement demand, although it will match competitors’ prices, the Star reported