International

12 August 2005

Sabah has enough cement

The Sabah State Government has assured that the supply of cement in the State is sufficient for development projects despite the hike in fuel prices announced early this month. In Sabah, a subsidiary

11 August 2005

Cement M&A activity dries up in India

It’s apparently becoming difficult for prospective buyers to strike takeover deals in the cement sector. Suitors, including some of the top names such as Zuari, Cemex and Dalmia’s, are mov

11 August 2005

New cement plants for Sverdlovsk region

According to a statement of Construction Minister of the Russian Sverdlovsk region A Karlov, several new cement plants will be built in the Sverdlovsk region, API News reported.

11 August 2005

Insurer pays tsunami claim to Semen Andalas

Local insurance firm PT Asuransi Wahana Tata settled on Wednesday the first insurance claim by tsunami-hit PT Semen Andalas Indonesia, whose plant in Nanggroe Aceh Darussalam was badly damaged by the

11 August 2005

SCCC bid to raise cement price

With increasing energy costs eating into its profitability, Siam City Cement Plc plans to raise its cement prices. The country’s second largest cement maker would not say when or by how much it

11 August 2005

Vietnam’s latest plant gets funding

The State-run Development Assistance Fund last week granted a credit of almost VND700 billion (US$43.7m), with an annual interest rate of 6.6 per cent, for the construction of the Tay Ninh Cement Plan

11 August 2005

Lafarge, Shui On China JV

Lafarge SA and Hong Kong-based Shui On Construction & Materials Ltd will apparently merge their cement operations in a joint venture in China, the companies said in a statement Thursday. Shui On Cons

10 August 2005

Cementos Bío Bío net profits up 0.45% in 1H05, Chile

Chilean cement company Cementos Bío Bío posted a consolidated net profit of COP13.1bn (US$24.1m) for 1H05, a 0.45% increase in relation to same-period last year, the company said. Bío Bío’s reve

10 August 2005

Gujarat Ambuja may invess in Rajasthan, India

Gujarat Ambuja has shown interest in investing Rs 1,000 crore in a cement plant in Marwar Mundwa region of Rajasthan. The chairman of Gujarat Ambuja, Suresh Neotia, indicated this while addressing the

10 August 2005

Cement output dips in July, India

Major cement companies reported a decline in production in July this year over the corresponding month last year.

10 August 2005

Cementos Portland to buy local Ceminter , Spain

Spanish cement maker Cementos Portland Valderribas SA, a unit of Spanish construction and services group Fomento de Construcciones y Contratas S. A., has reached an agreement to buy local sector compa

09 August 2005

Eurocement Group produce 1.5Mt, Ukraine

Ukrainian plants of Eurocement Group produced 1.5Mt of cement in Jan-July 2005, up eight per cent from the figure posted in the same period 2004, the company’s press service reported.

09 August 2005

Cimsa to open US$30m cement plant 2005, Turkey

Turkish cement producer Cimsa will put into operation a US$30m (EUR24.3m) cement plant in 2005. The plant, located in Kayseri, central Turkey, will have a capacity of 1800tpd utilising low fuel and el

09 August 2005

Siam Cement boss upbeat, Thailand

Kan Trakulhoon, president of Siam Cement Plc, the country’s largest industrial conglomerate, has forecast a slight upturn in the economy during the remaining period of this year.

09 August 2005

Shiva plans to restart kiln, mid-August, India

Shiva Cement Ltd., has informed BSE that the major shut down of it kiln (June 2005) is going to be restarted on August 16 with major modifications. The company expects improvement in production and ef

09 August 2005

SCC says high energy cost may reduce its profits this year

Siam City Cement Plc (SCCC), the country’s second largest cement maker, concedes that rising energy costs could cut profit growth this year.