Cement News tagged: International
Cement production grows 19.2% in Argentina in 2006
Cement production has grown by 19.2% in Argentina in 2006, in comparison with the previous year, due to an increase in the activity of the private and public construction.
Cement dispatches at all-time high in Andhra Pradesh
Cement sales for the month of December last year in Andhra Pradesh touched an all-time high of 1.6Mt, triggering off the demand-supply gap speculation in the state for the first half of the current fi
Midroc Ethiopia finalises new plant tender
Derba-Midroc Cement Plc, a subsidiary company of Midroc Ethiopia, has reportedly selected the China Housing and Building Company (CHBC) for the turnkey construction of a brand new cement factory near
Holcim to invest in US$15m plant expansion
Holcim Ltd plans to infuse around US$15m to set up stand alone packing and grinding plant in Sri Lanka, a top official said Tuesday.
Lafarge in talks for Azerbaijan cement works
The question of building a new 1.5Mta cement plant in Azerbaijan will be discussed at the meeting of the Azeri-French economic committee that began in Paris yesterday
Saudi Tabuk Cement Q4 net profit flat at $10m
Saudi Arabia’s Tabuk Cement Company said on Tuesday fourth-quarter net profit amounted to 37.6m riyals ($10.3m), unchanged from the same period in 2005.
HeidelbergCement circles India’s Shiva
In a sign that it still has an appetite for inorganic growth, HeidelbergCement is set to acquire stake in Shiva Cements, based in Rourkela, Orissa.
Rinker buoyed by housing data
Rinker has been boosted by news of the the US housing market will start picking up in 2007, which accounts for about 80 per cent of its revenue, as it fights off a $16.8bn takeover bid.
Uzbekistan produces 5.8Mt of cement – over a half of region’s output
In 2006 Uzbekistan produced 5.8Mt of cement, which is more than a half of the Central Asian region’s total output. Uzbekistan’s domestic sales exceeded 4.4Mt
Six-month cement sales register 25 per cent increase
Cement sales in Pakistan stood at 9.975Mt during the first six months of the current financial year, rising by 25 per cent compared to the same period of last fiscal.
Holcim sees strong growth lasting into 2007, continues expansionary course
Holcim’s strong performance leading to record-breaking results in the first nine months carried over into the fourth quarter of 2006, and the group expects growth to continue in 2007
Cemex plans to enter India
Financial analysts consider it positive that Mexico’s Cemex, the world’s third biggest cement maker, starts negotiations to purchase India’s cement company Deepak Cements and Chemicals.
Cement industry profits to hit record figures, 2007
According to the report ‘Prospects for 2007 and the Economic Operating Situation Analysis on Cement Industry in 2006’, released by the China Cement Association yesterday, the profits made by the
Vinacomin coal price hike approved
Vietnam National Coal-Mineral Industries Group (Vinacomin) received the approval by the Prime Minister for the increase in coal prices to its four major customers in the cement
Lack of proper monitoring hindering due tax levying
The production of cement in Pakistan is not being strictly monitored in certain factories, which is hindering proper tax audit of the industry for levying taxes, reports the Business Recorder.
Cement price hike may backfire: Sabah Umno, Malaysia
The Economic Bureau of Sabah Umno Youth described the increase in cement price as not in the interest of the people at large.