Cement News: International

16 June 2006

Russian court to hear Eurocement antitrust case

The Federal Arbitration Court for the Moscow court district has scheduled for July 3 the hearings of a complaint filed by the Federal Antimonopoly Service (FAS) seeking to oblige Russia’s larges

16 June 2006

Cemex ready to discuss arbitrage cancellation

While rejecting the requirement of the Minister of SOE Sugiharto, to reconsider the sale of its stake to the Rajawali Group, Cemex Asia Holdings said the company is ready to discuss the cancellation

15 June 2006

Chinese building material producers see profits tumble

The National Bureau of Statistics of China and China Building Material Industry Association jointly released the country’s top 100 building material manufacturers for 2005. Last year, the 100 co

15 June 2006

New cement plant begins production

Bestway Cement, situated in District Chakwal, Pakistan, started production Tuesday from its new plant. The facility has been built at a cost of Rs7bn (US$116m). A brief ceremony was held at the plant,

India Cements looking for more opportunities 15 June 2006

India Cements looking for more opportunities

India Cements Ltd, which has reported a profit for the second straight year plans to have a pan-India footprint. Apart from signing up for a two million tonnes a year cement plant in Himachal Pradesh

15 June 2006

Italcementi to invest more in India

Italcementi will invest Rs 800 crore (US$174m) over the next two years in various greenfield and acquisition projects the company’s Chief Executive Officer Mr Carlo Pesenti said. The Italian com

No growth forecast for construction industry in 2006 14 June 2006

No growth forecast for construction industry in 2006

The Incorporated Masterbuilders Association of Jamaica (IMAJ) says it members are now faced with the task of renegotiating contracts with their clients and absorbing losses. Speaking Monday on Beyond

14 June 2006

Producers say market will determine cement price

The Dominican Association of Cement Producers said today the market will set the product’s price, and considered that the cost agreed-to with the Industry and Commerce Ministry to end the “price war”

14 June 2006

Cement factory torched in Ganderbal

The burning of two cement units in Ganderbal, Kashmir, India by a mob has sent shock waves among the industrial fraternity with industrialists accusing government of failing to protect the factory fro

14 June 2006

Ukrainian Cement capacity utilisation

Capacity utilisation in Ukraine’s cement industry stood at 57.5 per cent in 2005, while the average figure for member companies of local cement producers’ association Ukrcement ( which inc

14 June 2006

Bazel to reorganise cement business

LLC Bazel (Basic Element) Russia has reorganised its cement business in a separate division and will develop it as independent line of business, managing director of Bazel for construction and constru

14 June 2006

South Africa plans massive rise in construction

South Africa will spend about 27 billion rand (US$3.96bn) in construction over five years in a bid to help hasten economic growth in Africa’s biggest economy, Public Enterprises Minister Alec Er

13 June 2006

Cement producer pays compensation to foreign customers, Turkey

Due to a boom in the construction sector, Nuh Çimento prefers to sell cement to domestic customers, thus reducing its exports and having to compensate international customers as a result.

13 June 2006

US$290m cement plant on way, Saudi Arabia

Gazan Agricultural Development said it plans to build a SR1.1bn ($293m) cement plant, the latest in a series of such projects amid a surge in demand in Saudi Arabia. Shares in the company soared by ne

13 June 2006

Cement prices up Rs 3 a bag, projects’ costs to rise, India

Within a month of the government demanding an explanation from the country’s cement manufacturers for exorbitant rise in prices, cement rates have been hiked again, making it fifth hike in last

13 June 2006

China’s CAMC to build cement production line in Kyrgyzstan

China CAMC Engineering Co Ltd has concluded a deal to construct a cement production line in Kyrgystan, the official Shanghai Securities News reported.