Cement News tagged: International
Vicat’s offer for Malaysia’s CIMA units lapses
An offer by French cement firm Vicat to acquire equity interests in five subsidiaries of
Egypt’s OCI in deal to build Saudi cement plant
Egypt’s Orascom Construction Industries said on Tuesday it had agreed to a joint venture with the Saudi Khayyat Group to construct a greenfield cement plant in the kingdom for up to $360m.
Real estate developers worried over cement shortage
Ghana Real Estate Developers (GREDA) on Tuesday expressed worry over the non-availability of cement as a core product of the building industry.
Lafarge invest US$50m in plasterboard plant
French cement maker Lafarge and Mexican paints maker Comex have invested US$50m (EUR37.8m) in a plasterboard plant in Mexico, the two companies announced.
Holcim Romania to halt white cement production in 2008
The Romanian unit of Holcim would halt its production of white cement next year due to persistent rise in natural gas prices, the company said on Tuesday.
PPC announces R604m capital expansion project
Pretoria Portland Cement Company Ltd (PPC) today announced details of its latest cement upgrade and expansion project.
Holcim raises Ambuja Cements India holding to 78 per cent
Holcim Ltd confirmed it has raised its stake in Ambuja Cements India Ltd (ACIL) by another 11 per cent, bringing its total holding to 78 per cent.
Cement makers say current product prices justified, India
In its endeavour to curb inflation, the government is proposing to raise the excise duty on cement by introducing a differential duty structure on the commodity
Dung Quat approves new cement plant, Vietnam
The management board at Dung Quat Economic Zone has granted Dai Viet Construction, Materials and Investment a licence to set up a new cement plant.
Location for new cement plant sought, Azerbaijan
Representatives of France’s Lafarge are going to Baku today to examine raw material sources required for production of cement.
Vietnam expected to see cement oversupply in 2010
Vietnam’s domestic supply for cement is forecast at around 60Mt in 2010, while its demand at some 50Mt,
Holcim to offer C$36.50 per share for rest of St Lawrence Cement
Holcim Ltd announced it will make a C$36.50 per share cash offer for all outstanding shares of Canada’s St Lawrence Cement Group Inc (SLC) it does not already own, valuing the total minority sh
Cement scam escalates as shortages trouble suppliers, South Africa
Bogus agents are attempting to take advantage of cement shortages in an alleged scam aimed at building material merchants, government buyers and agents.
Valderrivas enjoys 28% hike in 2006 net profit
Cementos de Portland Valderrivas, Spain’s largest cement manufacturer, said its net profit last year grew 28.3 per cent to EUR175.9m as revenues increased 49.9 per cent to EUR1.466bn on the back
NT boom cements record profits
The terrority construction boom has helped a South Australian cement and lime company make record profits.
Cement road plan announced
The Indore Municipal Corporation (IMC) has chalked out a Rs 8 crore project to build cement roads at Transport Nagar