Cement News tagged: International
AIC expects decision on construction of a new cement plant
Lafarge has completed the raw material study in the provinces of Tovuz and Gazakh in Azerbaijan and is summarising the findings currently, says the deputy executive director of AIC Riyad Gasimov.
IFC, KKR consider buying stake in China cement maker
Private-equity firm Kohlberg Kravis Roberts & Co. and International Finance Corp. may take stakes in a Chinese cement maker planning a US$720m expansion, according to a statement on IFC’s Web si
India cement price freeze won’t cut coal demand
Cement makers attending the Coaltrans India coal conference in Mumbai said that they had been willing to cooperate with the government and freeze cement prices to curb inflation which has been fuelled
Ciments Francais plans EUR1.5bn investments
Ciments Francais, a unit of Italian cement group Italcementi, plans investments worth EUR1.5bn (US$1.964bn) in the next few years to increase its production capacity and modernise its industrial
Iran nominal cement production capacity to grow
Iran is planning to increase its annual nominal cement production capacity to 72Mt by the end of the Fourth Five-Year Socioeconomic Development Plan (2005-2010)
Saudi tycoon sets up $19.5m cement firm in Ethiopia
Ethiopian-born Saudi magnate Sheikh Mohammad al-Amudi paid on Thursday 8 March close to US$19.5m on behalf of Derba-MIDROC (
Cimpor denies involvement in Brazilian cement/concrete cartel
Cimpor said that to the best of its knowledge it is not involved in any cartel to fix prices in the Brazilian cement and concrete business, currently under investigation by the authorities since March
Zenith Bank Wins Award for project finance, Nigeria
Recognition for quality service came the way of Zenith Bank Plc again at the weekend with the award to the bank of the Year for its prominent role in the loan facility to United Cement Company Limited
Italcementi looks forward to another good year
On the back of a 17.1% increase in turnover to EUR5,854.1m, Italcementi pushed up the EBITDA by 26.2% to EUR1,434.5m and the trading profit rose by 32.2% to EUR1,012.3m.
Indian cement makers to hold prices for a year
Indian cement makers have agreed not to raise prices for one year from Friday, Commerce Minister Kamal Nath said.
Lafarge continues to reduce its Greenhouse Gas Emissions and Registers a Third ’’Clean Development Mechanism’’
An initiative launched by Lafarge in India with the aim of reducing its greenhouse gas emissions has been registered as a Clean Development Mechanism
Romanian Carpatcement Holding 2006 turnover up 39%
Romanian Carpatcement Holding, a unit of German building materials and cement maker HeidelbergCement, reported a 39 per cent YoY increase in turnover to 980m
Barbados market expands in 2006
The Barbados cement market has expanded tremendously during 2006 fuelled by a vigorous construction industry, according to the general manager of the Arawak cement plant Mr. Satnarine Bachew.
Ambujas to expand cement plant in Himachal
Gujarat Ambuja Cement Ltd (GACL) plans to double production at its lone cement plant in Himachal Pradesh.
China’s Jiangxi Cement suspended from trading ahead of announcement
Jiangxi Wannianqing Cement Co Ltd said its shares will be suspended from trading in the Shenzhen stock exchange starting today ahead of an announcement.
Mexico: Canacem expecting slower cement growth
During 2007, the cement industry in Mexico is likely to grow at a rate of 3%, well below last year’s 8%