Cement News tagged: International
RAK Cement profit drops 63 per cent on fuel cost
Ras Al Khaimah Cement Co first-quarter net profit fell 63 per cent on higher fuel cost and a 21-day annual shutdown.
Indian government bans cement exports
The Indian government has decided to ban export of cement to arrest rising prices.
Divestment plan of Semen Gresik unit approved
The Ministry of SOE approved the plan of PT Semen Gresik Tbk to restructure its three units through
Taiwan Cement Hikes product prices 20% in Mainland China
Taiwan Cement Corporation, one of Taiwan`s largest cement producers, recently decided to hike selling
Asia Cement Corp plans US$200m HK listing
Asia Cement Corp, a subsidiary of Taiwan-based Far Eastern Group, plans to raise as much as US$200m
Holcim Indonesia to build $500m cement plant in East Java
PT Holcim Indonesia, the country’s third-biggest cement producer, said it is planning to build a new cement
Nigerian Dangote buys into South Africa cement firm
Nigeria’s leading industrial conglomerate, Dangote Group, has acquired a 45 per cent stake in South Africa’s Sephaku Cement for ZAR3bn ($378m) through a private placement,
Brazil cement sales grow 2.9% in March
Brazil’s domestic cement sales totaled 3.8Mt in March, 2.9% more than a year before, the Brazilian Association of Cement Industries (Sinc)
Indonesia Q1 cement consumption up 16.8 per cent YoY
Indonesian cement consumption rose 16.8 per cent in the first quarter to March from a year ago,
SCHADE equipment in South American cement plants
SCHADE Lagertechnik GmbH – a member of the AUMUND Group – is currently processing orders for the South American cement market,
Carib Cement modernisation programme on track
Caribbean Cement Company Limited said it is on track to completing its modernisation programme with its new kiln expected to come on-stream next month.
Jordan’s Ready Mix acquires stake in local cement plant
Jordan’s Ready Mix Concrete and Construction Supplies will acquire a stake in the new US$400m Qatranah cement
Lafarge prepares to invest in Polish production
Lafarge Cement, will invest EUR320-350m in its new production facility in Poland, which will boost its domestic production capacity by 1.5-2Mt,
Saudi cement-firm profits rise as economy advances
Three of Saudi Arabia’s five biggest cement producers by market value posted first-quarter profit growth of at least 11 per cent on a jump in domestic demand.
South Africa cement sales fall 18.7% in March
Cement sales in South Africa fell 18.7 per cent YoY in March 2008 to 1.039Mt after
China’s Anhui Conch receives approval for A-share issue plan
Anhui Conch Cement said it received final approval from the China Securities Regulatory Commission on