Cement News tagged: International
Vietnam’s US$295m Cam Pha cement plant put into operation
The Vinaconex Cam Pha Cement Plant, with a capacity of 1.89Mta, was put into operation in Quang Ninh
Azerbaijan Investment Company to pay 10% equity stake in Garadagh Cement
The realisation of the agreement signed in Baku February 14 between Azerbaijan Investment Company (AIC) JSC and Holcim is nearing completion.
Plantation, mining booms give cement market a boost
The plantation and mining booms are the major factors contributing to the cement market growth outside of Java.
Philippine cement prices up PHP8
Cement prices have risen by at least PHP8 per bag following the recent increase in the prices of coal in the
Colombia Cementos Argos seeks acquisition targets in US
Colombia’s largest cement maker, Cementos Argos SA, is seeking new acquisitions in the US,
Ambuja Cements 1Q08 net slips 42 per cent
Leading cement maker Ambuja Cements’ net profit has dipped by 42 per cent.
Russia’s Basic Element mulls purchase of plants in China
BaselCement, which manages the cement business of Oleg Deripaska’s Basic Element (BasEl), is considering
GCC: profit down 41.8% in 1Q08
Mexican cement maker Grupo Cementos de Chihuahua (GCC) reported a 41.8% fall in profits to MXP167m (US$15.9m) in the first quarter of 2008, compared to MXP288m in the same period of 2007.
Colombia’s Cementos Argos mulls sale of coal mine assets
The board of Colombia’s largest cement maker, Cementos Argos SA, authorised the company’s
ACC, Ambuja Cement merger ruled out
Putting to rest speculation about a merger of ACC and Ambuja Cement, the managing director of ACC has ruled out any such possibility.
Ambuja Cements aims to double capacity in five years
Ambuja Cements, a part of the Holcim group, is planning to double its capacity to 35Mt in the next five years.
Indonesia’s Gresik posts 38 per cent rise in net profit
The net profit of state-owned cement maker PT Semen Gresik shot up 38% to Rp455.29bn (US$50m) in the first quarter of this year, from Rp329.92bn in the same period last year.
India’s cement prices seen stabilising
India’s cement prices are expected to stabilise, the junior industry minister told
Shortage of cement on Guam hinders construction projects
A shortage of cement on Guam is hindering the completion of a number of local construction projects.
CBMI to build Vassiliko clinker plant
Vassiliko Cement Works Pcl has signed a letter of intent with CBMI Constructions Co Ltd of China for the construction of a new modern clinker production unit of 2Mta capacity.
Holcim selects PrimePort as preferred port location, New Zealand
Holcim has been in talks with PrimePort and named Timaru as the preferred port to distribute 500,000t of cement from but production is not expected until 2012.