International

22 June 2005

UEM may bail out of CIMA

THE UEM Group is believed to be reviewing its position in Cement Industries of Malaysia Bhd (CIMA) after the current price war has affected the bottomline of the latter, analysts covering the industry

21 June 2005

Protesters block road over plans to bone meal, UK

Local residents in east Co Meath have pledged to blockade a cement plant because of plans to burn meat and bone meal (MBM) in its kilns.

21 June 2005

Thailand’s Siam Cement buys more shares in National Petrochemical

Siam Cement (SCC) has increased its stake in National Petrochemical (NPC) to 35 per cent, a report in Krungthep Turakij said.

21 June 2005

Cimpor Brazil increase

Cimpor Brasil, the Brazilian unit of Portugal’s cement producer Cimpor, is expected to register a 138 per cent YoY increase in its exports to African countries in 2005, it was reported on June 1

21 June 2005

Parliamentary committee discusses reasons behind cement shortage

A parliamentary committee discussed here on Monday with the Director of the Amran Cement Factory Noman Dowaid the current cement shortage and reasons of the rise in prices of cement in the local marke

21 June 2005

Cement prices likely to firm up in North India

The widening demand-supply gap is likely to result in a 4.5-5% increase in cement prices in North India this year, HDFC Securities has said in a report. The report titled ’Regional Cement Play f

20 June 2005

Semen Gresik May cement sales up 9.7%, Indonesia

PT Semen Gresik cement sales in May were up 9.7% at 1.42Mt from 1.29m a year earlier, with strong domestic sales offsetting a fall in exports, the Indonesian Cement Association (ASI) reported.

20 June 2005

Cement price increases, Pakistan

An increase of Rs20 to Rs25 per bag in the price cement was recorded in the country making the total price of the bag Rs305 from Rs290. According to Federal Bureau of

20 June 2005

Yemeni Bajil cement factory 2004 revenue rises to US$24.5m

The Bajil cement plant in Yemen’s western Hodeidah posted a revenue of 4.71bn Yemeni riyals (US$24.5m) for 2004, up from 4.26bn riyals (US$22.11m) in 2003.

20 June 2005

Peru domestic cement sales At 329,149t May 2005

Peru cement sales on the local market increased by 8.4 per cent YoY in May 2005 to 329,149t, the local association of cement makers Asocem said.

20 June 2005

Congress approves US$196m cement plant

Venezuela’s national assembly has approved plans for the construction of a cement plant by government holding company Corporació Venezolana de Guayana (CVG) and Iranian firm Edhasse Sanat, local

17 June 2005

Iranian cement production capacity set to increase

According to “Tehran Times”, upon the completion of the construction of several new cement plants across the country, national cement output will rise by 4Mt. Three plants are expected to come into op

17 June 2005

Cimpor Brazil sees 2005 exports more than double

Cimpor Brasil, the Brazilian unit of Portugal’s cement maker Cimpor, is expected to more than double its exports in 2005, compared with the previous year, it was reported on June 16, 2005. The

17 June 2005

Semen Gresik May cement sales up

PT Semen Gresik cement sales in May were up 9.7 per cent at 1.42Mt from 1.29Mt a year earlier, with strong domestic sales offsetting a fall in exports, the Indonesian Cement Association (ASI) reported

17 June 2005

EuroCement Group intending to invest in the Ukraine

The Eurocement Group, Russia’s largest cement producer intends to invest US$27.5m in modernization of the Ukranian Baltsem cement plant (Balakliia, Kharkiv region) and the Pushka cement plant (Kramato

17 June 2005

ACC in expansion mode

India’s ACC has chalked out a capex plan of close to Rs 500 crore for the current fiscal, which would involve large-scale expansion in its grinding capacity. The cement major, in which Holcim has 34.