International
Cement prices on the rise
Cement prices are on the rise from a combination of increased building and lower supply, and the effect is being felt by construction companies.
Holcim Apasco withdraws from BMV
After changing its name and image from Apasco to Holcim Apasco, the cement company left the Mexico City Stock Exchange Thursday after the conclusion of the stock purchase of its Mexican subsidiary by
Tax exemptions and ailing cement units on acquisition radar
AILING cement companies are in vogue. In a bid to take advantage of the tax shelter accorded to loss-making units, bigger manufacturers are increasingly eyeing them as prime takeover targets.
CCI set to sign MoU for cement plant
Bokaro steel plant and the Cement Corporation of India (CCI) are all set to sign MoU paving way for a cement plant in Bokaro. Already two high level meetings have taken place. Further talks to finalis
Iligan Cement Corp. looks at power options
Cement maker Iligan Cement Corp. is mulling options for sourcing its power needs in light of reports of a power shortage in Mindanao in the next few years.
Economic Indicators Cement consumption, sales down last year
Aggregate cement consumption edged down last year on the back of a slump in importation. Figures from the Cement Manufacturers’ Association of the Philippines (CeMAP) show cement consumption dow
Siam Cement says first to lift output
Siam Cement PCL is to spend Bt200m (US$4.89m) to boost cement production by half, calling it the industry’s first output boost by a Thai firm since the 1997/98 Asian economic crisis.
New Zealand cement bouyant
Cement supply to Otago and Southland regions during the past two years has risen up to 20% - one of highest national increases - and is being serviced from imports from Indonesia. By the end of the y
Vietnam adjusts the plan
The Vietnamese Ministry of Construction chaired a workshop yesterday in Hanoi with participation of all cement producers nationwide to adjust the national cement development plan approved by the gover
Cement production highs in Gujarat
Gujarat state India recorded the highest cement production in the last financial year from its eight integrated works, including Grasim Industries Ltd, Gujarat Ambuja Cements Ltd and Larsen & Toubro L
China in the spotlight
Taiwan Cement Corp is vying with Chia Hsin Cement Corp for the No.1 position in terms of Taiwanese cement production capacity in mainland China. Taiwan Cement boasted it would see annual production c
Cement can halve road construction costs
A Holcim seminar in Bangladesh has noted that the use of cement in road construction instead of bitumen can reduce costs by 50 per cent, according to work done by the local Roads and Highways Departme
Grinding plant for Jamaica mooted
Mainland International has invited firms to submit proposals on the securing of land and construction of a cement plant that the company would operate in direct competition with Carib Cement Company.
Local market needs more cement
Total local consumption of cement in Jordan stood at 2.7Mt last year, Jordan Cement Factories Company (JCFC) General Manager Samer Biriqdar said on Wednesday. He indicated that the local market’
Financing Binh Phuoc
The four main State-owned banks in Vietnam have signed to lend VND1.98 trillion to Ha Tien I Cement Co. for the VND4.75 trillion (US$300 million) Binh Phuoc cement project. The deal was inked at HCMC&
Cement consumption down in May
Spanish cement consumption in May dropped 1.17 percent from the same month a year earlier to 4.09Mt, the first fall in the month since 1996 when the current property boom took off, industry associatio