International

05 April 2006

Nevada Cement, union reps still negotiating

Nevada Cement Company officials and union representatives are still haggling over one contract item, and a meeting has been scheduled for April 24 to discuss that final issue. Nevada Cement Executive

05 April 2006

China’s Sinoma signs with Lafarge

China’s Sinoma International Engineering Co Ltd said it has signed a US$74.25m deal to build a cement production line in Zambia for Lafarge SA, the world’s biggest cement maker. The Shang

05 April 2006

Wall Street looks closely at Huaxin

China is the world’s biggest consumer of cement, eating up 40 per cent of global production by volume. Despite government efforts to curb overbuilding, cement will continue to play an important

04 April 2006

Morten Gade’s open house

The Managing Director of Ghacem, Morten Gade, has commended the Government of Ghana for adopting sound fiscal policies, many of which have turned the country into one of the best business destinations

04 April 2006

Orascom suspends US$350m cement investment

Egypt’s Orascom Group, handling construction work at the proposed US$350m Nigerian United Cement Company (UNICEM), cement production plant in Mfamosing, Cross River State, has closed down, following v

04 April 2006

Aditya Birla Group’s cement despatches, India

Aditya Birla group’s cement production for March this year grew by 12.72 per cent at 2.853Mt, while despatches rose by 10.87 per cen

04 April 2006

Pakistan cement market report

While expressing the hope that increase in cement demand will continue in months ahead, as GDP growth levels has stabilised above the six per cent per annum mark, Tariq Saigol, chairman of the All Pak

04 April 2006

Inekon to build cement works in Tajikistan

The Czech Inekon Group will build a new cement works worth US$100m in Tajikistan in two years under a contract recently signed with the company Izmoili Somonij. Inekon Group said in a press release on

04 April 2006

JK Cement expansion on track, India

The capacity expansion programme of both white and grey cement are on schedule say JK Cement India. According to Mr A.K Saraogi, President, Corporate Affairs and CFO the capacity expansion programme o

04 April 2006

ACC monthly cement production, India

ACC cement production and despatch figures for the month of March 2006 were as follows: cement production 1.739Mt; cement despatches 1.746Mt. Over the January-March 2006 period, cement production was

04 April 2006

Lafarge bowing to investor pressure

Lafarge, owner of a 53.2 per cent stake in Lafarge Nor

03 April 2006

EBRD to own 20 per cent of Garagah

The European Bank for Reconstruction and Development (EBRD) will purchase 20 per cent of the stock owned by Holcim, which gained a controlling interest in the company back in 1999 following privatisat

03 April 2006

Cement looks solid

The demand for cement in India continues to grow and despatches of major companies have been showing a concrete trend. With strong demand having firmed up cement prices, shares of the companies have d

03 April 2006

Cement terminal plan angers residents

Local anger at plans for a A$32m industrial complex on Sydney Harbour came to a head in the streets of Balmain yesterday. Reportedly, more than 100 people turned out to protest against a proposed cem

03 April 2006

Russian court cancels antitrust ruling

Russia’s Ninth Arbitration Court of Appeals ruled Friday to cancel a ruling of the Federal Antimonopoly Service (FAS) obliging Russian cement producer Eurocement to cease its alleged antitrust violati

31 March 2006

Cement crisis no surprise

Ellis Hazel, said the current cement crisis in the Caribbean “did not just creep up on” the region. “It was showing signs that we would have a crisis, especially leading up to World Cup 2007,” Hazel t