Cement News: International

25 July 2006

Lafarge set to gain in Malaysia

Lafarge Malayan Cement Bhd, has been singled out by AmResearch in a report released yesterday. With its 44 per cent market share, Lafarge was also the leader in the domestic cement market, said the b

25 July 2006

Kien Giang produces 1.86Mt of cement

The southern province of Kien Giang has produced 1.86Mt of cement so far this year, earning VND1.4 trillion (US$88m) in revenue, says the provincial industry department. Ha Tien Cement Co accounted f

25 July 2006

Taiwanese expect profit decline in China

Taiwan’s cement makers with operations in mainland China will see their profits for the year drop 10 per cent from their projections made in the beginning of this year, because the cement prices in th

24 July 2006

Nigerian cement war affecting prices

A fight among the cement industry’s major stakeholders over bulk cement import allocations has forced government to cancel the importation of some 2.5Mt of cement, and may have resulted in local price

Indonesia’s cement sales fall 24 July 2006

Indonesia’s cement sales fall

The country’s cement sales dropped 4.1 per cent to 14.46Mt in the first half of 2006 from 15.08Mt in the same period last year. Data from the association of cement producers (ASI) show that sale

24 July 2006

Local Banks Lend to Bim Son

Five local Vietnamese banks will jointly give a loan of VND3.4 trillion (US$213.8m) to the Bim Son Cement Company to build a new production line, according to the contract signed between the two sides

China’s output of cement in May 2006 24 July 2006

China’s output of cement in May 2006

China produced 109,093,400t of cement in May 2006. The output in January-May reached 429,265,700t, up 20.4 per cent year on year, according to the National Bureau of Statistics.

24 July 2006

Govt, Rajawali, Cemex sign Gresik deal

Indonesian conglomerate Rajawali Group will buy 24.9 per cent of PT Semen Gresik for US$337m under an agreement signed Monday. As expected, Rajawali is acquiring the stake from Cemex, The Indonesian

24 July 2006

Cemex 2Q results bolstered by domestic sales growth

Cemex is expected to post solid revenue gains in the second quarter, with domestic sales growth making up for some weakness in its US business.

21 July 2006

Secil boosts Angolan sales

Sales from the Tecnosecil cement factory in the port city of Lobito, Angola, increased by 61 per cent last year to reach a value of Euro 13.4m due

21 July 2006

Lafarge: Black empowerment deal

Lafarge has announced a R1.1bn (EUR 120m) Broad-Based Economic Empowerment (BEE) deal, in line with the South African Government policy to transform the country, redress past racial inequalities and b

21 July 2006

Lafarge moves closer to Harleyville expansion

About 70 people gathered at the Harleyville Community Center Tuesday night for a public hearing organized by the S.C. Department of Health and Environmental Control, according to Plant Manager Rafael

21 July 2006

Holcim New Zealand looks at new plant options

Holcim New Zealand has begun consulting Oamaru residents over its plans to consider building a US$200m cement plant near the suburb of Weston. "We are seeking resource consents for the Weston site, bu

21 July 2006

More on the Mysore deal

HeidelbergCement has acquired a majority stake of 51 per cent in the Bangalore-based Mysore Cement for US$100m. The buyout will be followed up by an open offer to acquire a further 20 per cent share i

20 July 2006

Kabul grants licence to private cement company

Afghanistan’s Mines Ministry granted a licence to a private cement company that will invest US$140m in a new plant. Safi Brothers, which was the only bidder for the license, received the licence

20 July 2006

Turkish cement demand grows Jan-May

National cement demand increased by 23 per cent in Jan-May, according to a report prepared by the branch association TCMB. Demand is estimated to have increased by a higher 25 per cent in June. To cov