Cement News tagged: International
Foreign investment in KZN on the rise
Foreign direct investment into KwaZulu-Natal is increasing exponentially, with more than R27 billion invested in South Africa’s second- largest economic hub between 2000 and 2005 alon
FM warns cement firms on price hike, India
n a veiled warning to cement companies which have raised prices after the Budget, Finance Minister P Chidambaram today cautioned cement companies against acting as a cartel.
Pakistan cement sector’s first-half profits down 62 per cent
After receiving 32 percent downward revision in profitability during the first quarter of the current financial year, the profitability of the local cement sector remained under pressure for the secon
Orascom Construction Industries expands aggregates operations in Europe
Orascom Construction Industries announced that Group GLA - 50% owned by OCI - has signed an agreement for a total value of EUR 17.4m for a 100% s
Heidelberg open offer falls through
The open offer made by the German cement major HeidelbergCement to the shareholders of Mysore Cements Ltd has fallen through.
Morocco to increase investments in cement industry
The Moroccan cement industry has planned to invest 10 billion dirhams (US$1.18bn) for the period 2006-2010 to keep pace with the "extraordinary development"
Cementir unveils 2007-2009 targets
Cementir, the Italian cement group, has set respective revenue and gross operating margin targets of 1.2bn and more than EUR300m in its 2007-2009 business plan, which it will today present to the sto
Construction investment to increase 70 per cent , Vietnam
Enterprises under the Construction Ministry will implement 493 investment development projects capitalised at over 35.7 trillion VND (US$2.2bn) in 2007, a 70 percent increase over 2006.
India cement prices harden by Rs 12 per bag
Retail prices of cement have risen Rs12 per bag with effect from Thursday nullifying the finance minister’s move to curb prices by linking excise duty to a higher rate.
Taiheiyo Cement liquidates rmc concrete plant
Taiheiyo Cement Corp has confirmed the liquidation of ready-mixed concrete plant Amagasaki Onoda Remicon
Indian expansion leads growth at Holcim
Holcim’s turnover rose by 29.8% in 2006 to SFr23,969m (EUR15,170m) and the operating EBITDA advanced by 31.5% to SFr6,086m (EUR3,852m) as margins improved from 25.1% in 2005 to 25.4
Lafarge completes roof division sale to PAI Partners
Lafarge SA has completed the sale of a controlling stake in its roofing-tile business to Paris-based private equity firm PAI Partners.
India Finance Ministry: cement prices beyond "reasonable limit"
India’s Finance Minister P. Chidambaram Thursday asked cement makers and other manufacturers for help in fighting inflation.
India’s Gujarat Ambuja Feb shipments up 9.7 per cent YoY
Gujarat Ambuja Cements Ltd. , India’s third-biggest cement maker, said its February shipments rose 9.7 per cent to 1.36Mt from a year earlier.
Cimpor completes acquisition of Turkish cement company YLOAC
Cimpor said that it has completed the acquisition of 99.68 pre cent of the share capital of
Ukraine Cement output up 56.9 per cent YoY Jan 2007
Ukraine’s cement output jumped by 56.9 per cent YoY, but declined by 26.9 per cent month-on-month to 767,000t in January 2007, data of the State Statistics Committee showed.