Cement News tagged: International
Sales of cement increases in Venezuela
Domestic sales of cement in Venezuela totaled 1.54Mt in the first quarter of this year boosted by the construction sector
President Obasanjo to commission Dangote cement factory, Nigeria
President Olusegun Obasanjo will on May 12, formally commission the first phase of the multi billion naira Obajana Cement factory, which consists of lines 1 and 2.
Cemex extends Rinker bid, perpetual to accept offer
Cemex has won over Rinker Group Ltd’s biggest shareholder in its $18bn bid for the Australian building materials maker.
Pakistan cement sales up 33% in first 10 months
Pakistan local producers sold 19.73Mt in the first 10 months of the current fiscal, rising by 32.95 per cent from 14.84Mt sold during the same period of the last year, according to latest data provide
New plants in UAE set to ease shortages
The cement shortage affecting the UAE’s construction industry, and which has seen prices rocket, should ease shortly with new factories coming on line, reported ArabianBusiness.com.
Iran ups cement output
Iran is set to produce around 42Mt of cement in the current Iranian year, which began on March 20, up from 35Mt last year, according to a senior government official cited
Some relief in cement prices, India
Finance Minister P Chidambaram’s efforts to bring down cement prices have finally borne fruit as cement manufacturers have introduced cuts in prices.
Lafarge sees higher demand for cement, Malaysia
Lafarge Malayan Cement Bhd expects cement demand to rise considerably in the second half of this year as construction projects under the Ninth Malaysia Plan (9MP) get implemented.
Sibirskiy Cement to construct plant in Kazakhstan
Sibirskiy Cement intends to construct a cement plant in Kazakhstan with a capacity of 1.2Mta of cement. Investments will total RUR5.25bn
HeidelbergCement says may make offer for Hanson
HeidelbergCement AG said on Thursday it was looking at the possibility of acquiring British building materials company Hanson Plc.
Lafarge boosts first quarter margins
Lafarge increased turnover by 6.2% in the first quarter of 2007 to EUR3,695m. The underlying EBITDA rose by 28.6% to €575m and the running profit before tax improved by 26.0% to €451m.
Australia Rinker Investors Hold Back From Cemex Bid
Rinker Group Ltd investors said Friday they are holding back from taking up Cemex’s US$14.25 billion takeover offer because they believe the bid undervalues Rinker with prospects of a recovery
Indocement plans US$75m capital expenditure this year
Indonesia’s second largest cement maker PT Indocement Tunggal Prakarsa (JSX:INTP) said it will spend up to US$75 million in capital expenditure this year.
Chilean cement maker Empresas Melon to be Lafarge Chile
After 100 years of presence at Chilean market, Empresas Melon to change its corporate identity and to be named Lafarge Chile.
St. Lawrence Cement Group Granted Leave To Appeal By The Supreme Court Of Canada
The Supreme Court of Canada has granted St. Lawrence Cement Group Inc. (ST.A.T) leave to appeal an October 2006 ruling in class action case involving the company’s Beauport, Que. cement plant.
Readymix says current yr starts satisfactorily, in line with prior year
Irish cement maker Readymix PLC said that, against a background of good market demand, the year’s trading has started satisfactorily, in line with the group’s performance for the same peri