The China Anhui CONCH Group plans to invest three billion yuan ($US362 million) in building three production lines, each with a daily capacity of 10,000 tons of cement clinker in Chizhou,
The Brazilian Polimix Concretos is investing R$70m until the end of 2006 in a cement plant with a capacity of 1.2mil mtpy in Rio Branco do Sul (Parana) to supply the domestic market.
Indonesia’s PT Semen Cibinong aims to produce 7.25Mt of cement this year, up from 6.22Mt in 2004, its president Timothy David Mackay said.
Grupo Cementos de Chihuahua reported a MXP124m(US$11.2m) net profit in the first quarter of 2005, dropping 17.1% from 1Q04, company CEO Manuel Milán said during a conference call.
The general outlook for the Japanese cement sector continues to be stable, comments Moody’s Investors Service in a new report.
Cemex announced that it has divested its 11.92 per cent interest in Cementos Bio Bio, S.A. for approximately US$6 m or an implied enterprise value to EBITDA of nine times.
The Caribbean’s leading producer of cement and ready-mix products, TCL Group, expects to spend up to US$220mn to expand operations at its subsidiaries throughout the region, Daily Nation reporte
Domestic cement companies raised prices in Mumbai by about three per cent as a housing boom and government spending on roads and bridges fueled demand, distributors said. Shares of cement companies ga
Cemex Asia Holdings Ltd said it wants to invest in Indonesia’s cement industry to help the country cope with a cement supply shortage expected in 2007-2008.
In its continued efforts at monitoring the availability of products in the market and their prices, the Ministry of Commerce has noticed the increase in the price of cement. The ministry attributed th
Saudi cement producer Yanbu Cement Company (YCC) posted a net profit of SAR105.2m (US$28.1m) for the first quarter of 2005, slightly up from SAR104.9m (US$28m) in the year-ago period.
ALLAHABAD, Apr 23: Jaypee cement is targetting a total output of 10Mt with its new plant in Himanchal Pradesh expected to commence production in 2007.
Oman’s cement producer Raysut Cement Co achieved a net profit of OMR2.283m (US$5.9m) in the first quarter of 2005, compared to OMR1.382m (US$3.6m) in the same period of 2004, Oman’s bourse
After the negative determination from the New York State Department of State (DOS) the board of directors of the Canadian Holcim Group company has decided not to pursue the project to build a new ceme
Cemex has appointed Juan Carlos Ernesto Rincon Restrepo as chief executive officer of its Croatian subsidiary Dalmacijacement. The new CEO will replace Vinko Janjak, who is retiring, Dalmacijacement
Chile’s leading cement producer Melon, controlled by Lafarge, plans to build a new grinding plant in the southern Chilean port Puerto Montt, it was reported on April 20, 2005. The plant, which