International

28 September 2005

CCoP approves highest bids

The Pakistan Cabinet Committee on Privatisation (CCoP), chaired by Prime Minster Shaukat Aziz, approved here on Monday the highest bids received for Mustehkam Cement Ltd (MCL)

27 September 2005

Heidelberg Cement’s Bosnian unit to invest

Tvornica Cementa Kakanj (TCK), a Bosnian cement plant owned by German HeidelbergCement, said on Monday it would invest some 100 million marka ($61.7m) in technology upgrades and environmental protecti

27 September 2005

Mexican GCC buys stake in top Bolivian cement firm

Mexican cement maker Grupo Cementos de Chihuahua has bought a 46.57 percent stake in Bolivia’s top cement maker for $58.2m, the company said on Monday. Under the terms of

27 September 2005

Egypt’s Orascom to build cement factory in Indonesia

Industry Minister Andung Nitimihardja said Egypt’s Orascom Construction Industries plans to build a cement plant in Indonesia with an annual capacity of 2.5Mt. The project will be built in Java

27 September 2005

Lafarge names Bruno Lafont as new CEO

Lafarge said on Tuesday that Bruno Lafont, currently group chief operating officer, would become its new chief executive from January 1. Lafont, who has spent all his career at Lafarge, will replace

26 September 2005

Tasek, Saigon Cement abort joint-venture plan

Tasek Corp Bhd, one of Malaysia’s four large cement producing groups, and Saigon Cement Joint Stock Co have aborted their plan to form a joint venture company to operate a cement manufacturing plant i

26 September 2005

Garadagh Cement increases investment programme

The azerbaijani Garadagh Cement company, the country’s sole cement producer, has increased its investment program from $75m to $87m but postponed its start, Garadagh Cement board chairman Uve Ko

26 September 2005

Pikalevsky Cement production up

In the first eight months of 2005, Pikalevsky Cement (the Leningrad Region) produced more than one million tonnes of cement. The company’s annual capacity is projected at 2.7Mt. In

26 September 2005

Holcim says plant closure will not affect output

PT Semen Cibinong, a unit of Holcim, said the planned closure of one of its plants for seven months will not affect the company’s total cement output as it will raise production at its

26 September 2005

Energy costs trim Asia Cement growth

Asia Cement Plc, Thailand’s fourth largest cement maker, estimates a slight decline in sales growth to seven per cent this year from 10 per cent last year, due mainly to the effect of higher energy pr

23 September 2005

Prizes awarded to sustainable construction projects in Asia Pacific

Zurich/Beijing, September 23, 2005. USD 220,000 in prize money was presented to the best submissions from Asia Pacific in the Holcim Awards competition for sustainable construction projects. The compe

23 September 2005

Cement demand dampens

Demand for cement has dampened slightly due to the lack of new infrastructure projects as well as the slight downturn in the construction industry, the Cement Manufacturers

23 September 2005

Italian and Thai prices depress Italcementi profits

Italcementi increased first half cement deliveries by 9.6 per cent to 26.2Mt, helped by the full consolidation of Suez Cement for three months, with the underlying volume increase being 2.3 per cent.

23 September 2005

US, Mexico officials to meet on Mexican cement tariff

Trade negotiators from Mexico and the U.S. will meet Friday in Mexico City to discuss lifting tariffs on Mexican cement in the U.S. as hurricane damage threatens to make tight supplies of building mat

22 September 2005

East African Portland to buy major stake in Kigali Cement

East African Portland Cement will invest close to Sh150m in a deal that will that will lead to Kenya’s second biggest cement maker buying 49 per cent shares in Kigali Cement Company.

22 September 2005

Old cement plant sold

International cement giant Holcim Ltd.’s sale of its old cement plant in LaPorte, northwest of Fort Collins, and several hundred shares of water rights on Saturday brought the company more than