International

13 July 2005

Shares of Malaysian producers rise

Shares of local cement producers rose yesterday on news of a 50 per cent jump in the product price, as investors bet that business prospects would improve following the increase. YTL Cement Bhd, a uni

13 July 2005

Ghacem warns beneficiaries of Cement Foundation

Ghana Cement Limited (GHACEM) on Tuesday said it would not hesitate to take action or blacklist beneficiary communities of its Cement Foundation who used the product for purposes other than what they

13 July 2005

Japanese concrete survey warning

Japan’s bridges aren’t exactly falling down, but industry officials fear that many might be on the verge of severe deterioration. Cement manufacturers say the standard guarantee for concre

12 July 2005

Developing cement shortage in the US

According to the Portland Cement Association’s latest survey of cement suppliers in May, 23 states are currently experiencing cement shortages. The shortage, which has been ongoing since the spr

12 July 2005

Cement price set to rise early next year

Despite higher production costs caused by higher fuel prices, Vietnamese cement prices will be regulated by the government until year-end, when a price hike comes into effect.

12 July 2005

Swiss cement sales up

Domestic sales of the Swiss cement industry rose 14.1 per cent year-on-year to 1.28Mt in the second quarter of 2005, the industry association Cemsuisse said on July 8, 2005. A total 49.4 per cent of

12 July 2005

Nirma to slash cement market prices

Nirma chairman Karsanbhai Patel today said he would unleash a price war in the cement market once the company started producing cement at its proposed 1.2Mta unit in Mahuva, near Bhavnagar, India. He

12 July 2005

Cement price jump surprises association

Malaysian ready-mix producers, caught off-guard by the 50 per cent jump in cement prices to RM180 per tonne since July 1 2005, say the higher price will aggravate the slowdown in the construction and

11 July 2005

More Iranian investment

Tehran Cement Co Managing Director Seyed Mohammad Atabak here Saturday said his company will invest 354.5 billion rials to boost the output. Briefing shareholders, he reiterated the need for an increa

11 July 2005

Saudi Eastern Province Cement to boost capacity

Saudi cement producer Eastern Province Cement Company (EPC) will raise its annual capacity by 5.0 per cent in November 2005, EPC’s director general Zamil al-Muqrin said in an

11 July 2005

Cement shortage may slow building

A cement shortage hitting US Oklahoma state threatens to slow building projects and is edging costs higher. Philip Schwarz, owner of Schwarz Ready Mix, said the shortage is real and will get worse be

11 July 2005

US govt considering end to cement tariffs

US government officials are currently reconsidering antidumping tariffs on cement imported from Mexico, but are facing fierce pressure from interest groups on both sides, a US official told BNamericas

11 July 2005

Court bars ruling on bid to hike cement tariff

The Philippine Supreme Court has barred the Department of Trade and Industry (DTI) and the Tariff Commission from resolving the petition of local cement manufacturers for the extension of safeguard me

11 July 2005

Spohn offer ’is fair’ say HeidelbergCement

HeidelbergCement AG said its supervisory and management boards both agreed that Spohn Cement AG’s Euro 60 per share takeover offer for the company ’is fair.’ The

11 July 2005

Birla to expand cement capacity

Notwithstanding the ongoing bitter legal battle over its control, the Rajinder Lodha controlled Birla Corporation, the flagship company of M P Birla group, plans to substantially expand its cement cap

08 July 2005

Dyckerhoff Ukraine – higher production

In June, Volyn Cement company (Zdolbuniv, Rivne region), increased cement production by 24.6 per cent or 29,600t compared with June 2004, to a total 149,900t. As Ukrainian News earlier reported, Voly