International

18 April 2006

Lafarge to invest in Ciment Rezina

Lafarge said on Thursday it plans to invest Euro 30m to 40m in the next four years in the development of its Moldovan unit, cement producer Ciment Rezina. Lafarge director for Moldova Hubert Pillet to

18 April 2006

Russia’s Eurocement to invest more

Eurocement Group plans in 2006-2007 to invest more than 670 million rubles in two cement-producing plants located in Russia’s Belgorod Region, Eurocement Group said in a press release Thursday.

18 April 2006

ACC prepares for expansion

Associated Cement Companies (ACC) India, plans to invest about Rs400 crore to expand capacity at its facility in Lakheri in Rajasthan by 1Mta. The company also plans to set up a 25mW coal-based captiv

18 April 2006

Padang notes rise in cement production

Indonesian producer PT Semen Padang in West Sumatra recorded a 6.4 per cent year-on-year increase in production to 1.26Mt in the first quarter of this year. The production was 9.21 per cent higher t

18 April 2006

Siam City Cement says Q1 revenue hit by political fallout

Siam City Cement Plc, the country’s second largest cement maker, has conceded its revenue in the first quarter of this year has already been hit hard by political turmoil and hopes that the unce

18 April 2006

Gov’t urged to investigate cement capacity

A document obtained from the Philippine Tariff Commission showed that the industry’s reported capacity in 2004 was at a higher 528 million bags of cement but the operating capacity (actual) was at 345

13 April 2006

Iskitymcement to double capacity

Russian producer, Iskitymcement OJSC (member of RATM group) is planning to double its production capacity to 3Mta by constructing one more line.

13 April 2006

Cement shortage hits many southern areas

Fuelled mainly by the construction boom, cement consumption in the south of India grew at a higher rate than the all-India figure in 2005-06 compared to the previous year.

13 April 2006

Government approves cement plant project

Vietnam’s Deputy Prime Minister Nguyen Tan Dung has recently given a nod to a project to build the Trung Son cement plant in Luong Son district of northern mountainous Hoa Binh province.

13 April 2006

Russia may face building materials shortage

Russia may face a shortage of building materials by 2008, including cement, prefabricated ferroconcrete structures, roofing, walls and other materials, Vladimir Yakovlev, Minister for Regions’ Develop

13 April 2006

Saudi Arabia approves new plant

Saudi Arabia’s Ministry of Trade and Industry has approved the establishment of a 1.021 bln Saudi riyals (US$272m) cement plant, it was reported on April 13, 2005.

13 April 2006

Carib Cement to slash fuel costs

Caribbean Cement Company Limited’s (Carib Cement) shift from liquid fuel to solid fuel will allow it to produce cement at a cheaper cost two years from now.

13 April 2006

ACC reports on merger gains

Indian cement maker ACC, said first-quarter net profit rose 42% due to its merger with two of its own units and higher cement prices. Net profit rose to 2.35 billion rupees ($52.6m)

12 April 2006

President supports cement plans

At the meeting with heads of departments of the administration the President Kurmanbek Bakiyev has reiterated his support concerning the recent decision of the government on the beginning of construct

12 April 2006

Ash Grove and Enron

Montana Attorney General Mike McGrath on Monday criticized a proposed settlement reached by the staff of the Federal Energy Regulatory Commission and Enron Corp over allegations that the company rippe

12 April 2006

Lucka boosts sales

Former cement producer Cementaren Lietavska Lucka (CLL) reported sales of its own products and services at SKK 188.8m last year.