Cement News tagged: International
Cement prices add to realty overheating
NEW DELHI: Speculation and demand & supply gaps are sending real estate prices spiralling upwards. But prices of cement too are adding to the boom.
Lafarge Indonesian unit starts reconstruction of Indonesian plant
PT Semen Andalas Indonesia, a unit of Lafarge SA of France, said it has started reconstruction of a cement plant that will have capacity of 1.6Mta.
Unbundling of PPC might be done by June
Barloworld expects to complete the unbundling of Pretoria Portland Cement (PPC), its 72 percent-owned cement and lime producer, by June and the empowerment of both entities before the end of September
Cement prices watched, Philippines
The Trade department is monitoring the prices of cement and warned firms against unreasonable price increases after several cement firms raised their prices ahead of the summer construction season.
Philippines Cement sales down by 2%
The Philippine cement industry became slightly weaker in 2006, with sales declining by nearly 2%, the Cement Manufacturers Association of the Philippines said.
Holcim Romania 2006 turnover Up 28%
The Romanian unit of Holcim said on Wednesday its 2006 turnover rose by 28% to a preliminary 774 million lei ($296 million/228 million euro) driven by the buoyant construction sector.
Fuchuan Cement’s 2,000tpd upgrade project
Fuchuan Cement Plant in Funing County, Yunnan Province, announced yesterday that it had already started the technology upgrade project for its new-type 2,000tpa
PPC says Q1 cement demand up 8.3%
Pretoria Portland Cement (PPC) has said the positive outlook in South Africa continues as evidenced by regional cement demand growth of 8.3 per cent in the first quarter of this financial year.
Vietnam cement prices likely to climb this year
Domestic cement prices in Vietnam are likely to increase by roughly VND20,000 to VND30,000 per tonne this year due to the hike of power and coal prices,
West China Cement to commission milling capacity at Lantian ahead of schedule
West China Cement Ltd said it will commission milling capacity at its new production site in Lantian, central northwestern China, slightly ahead of schedule in February, allowing early sales of cement
Turkish Unye Cimento Plans $27.5m investments for 2007
Turkish cement company Unye Cimento, part of Oyak Group, said it will allocate TRY39m ($27.5m) for investments in 2007
FLS sells marine and turbo gear business in Switzerland
MAAG Gear AG, FLSmidth’s Swiss subsidiary, has today agreed to sell its marine and turbo gear activities to Renk AG, which is part of the MAN Group.
Indian cement prices may not fall following abolition of customs duty
The Indian government’s decision to abolish the custom duty on Portland cement is unlikely to bring down the prices of the commodity in the domestic market.
Cemex extends Rinker offer
Cemex has extended its $A15.26b hostile bid for Aussie construction materials firm Rinker Group as shareholders hold out for a better deal.
Thailand’s Siam Cement (SCC): Gloomy year in store
Based on the current political and economic prospects, it looks unlikely that Siam Cement (SCC) will be able to maintain its healthy earnings going into 2007, after achieving stable operating profit i
Germany lays foundations for revival in construction
The Continental European construction sector rose 34% in 2006 driven by positive organic growth. Despite the hindrance of high energy costs, companies generally had good pricing power and were able to