Cement News tagged: International
India cement prices to dip by 15 per cent
Cement companies, so far defiant on cutting prices, could soon be trapped in their own net with their huge investment plans set to result in oversupply by next fiscal - a situation that would hit prof
Greek Titan Cement agrees to buy US concrete firm
Greek cement firm Titan’s U.S. unit signed an agreement to buy Virginia-based ready-mix concrete firm Powhatan as part of its expansion plans, it said in a statement on Wednesday.
Cement sector achieves 35Mt production capacity
The Pakistan cement sector has achieved annual production capacity of 35Mt, with the addition of 2Mt to be produced by the newly established DG Khan Cement
Cement production in Argentina falls by 2.1% in March
The cement production in Argentina has fallen by 2.1% in March, in comparison with the same month of 2006, and a 4.6% in comparison with February 2007, due to a deceleration of the construction sector
Mika Cement plans to increase output
In 2007 Mika Cement company is planning to increase its output by 1.5 times, says the director general of the company Naira Martirossyan.
Cimpor to invest EUR100m in Turkey 2007
Cimpor says it is to invest EUR100m to build a new cement unit in Turkey in 2007.
Cemex seals 15.3bn deal to buy Rinker
Cemex SA confirmed it has signed a deal to buy Australian building materials firm Rinker Group in a deal valued at US$15.3bn.
Two producers sign agreement with Bolivian Govt
Bolivian cement manufacturers Fancesa and Soboce signed an agreemeent for the provision of cement and its products for BOB 32.
Turkish production reaches record output
Turkey’s cement production rose 10 per cent in 2006, reaching a record amount of 47.5Mt.
Maintenance work worsens cement shortage in Zambia: minister
The shortage of cement on the Zambian market is a result of ongoing maintenance works at the Ndola plant of the Chilanga Cement, the country’s sole cement producer, a minister has said.
Peruvian domestic cement sales at 868,060t Jan-Feb 2007
Peruvian domestic cement sales stood at 868,060t in the period January to February 2007, up 9.42 per cent YoY, the country’s Association of Cement Companies (Asocem) said on April 5, 2007.
Goldsun to construct plant in Hunan Province of Mainland China
Goldsun Development and Construction Corp, one of Taiwan’s listed cement concerns, has resolved to invest US$100m in Hunan Province of mainland
Mexican GCC to invest US$220m in 2007
Mexican cement maker Grupo Cementos de Chihuahua (GCC) will invest US$220m in 2007.
Break Ghacem’s monopoly, contractors appeal to Govt
Some local contractors have decried the hike in the price of cement in the country, and appealed to the government to facilitate the formation of a third cement factory to break Ghacem’s monopol
$13 million in jobs from Cement Plant
“If the proposed Weston cement plant goes ahead it will be worth an estimated $13 million a year in jobs for the area,” Paul Commons, Manager Strategy and Development for Holcim (New Zealand) Ltd
Pakistan cement sales, exports set to rise this fiscal
On the back of upbeat local demand and bright export prospects, the cement sector is expected to have another windfall year in sales as well as in exports.