Cement News tagged: International
Plan to clamp down on cement prices?
Changes in India’s cement prices never made big headlines, not until the first week of April when it touched an all-time high of Rs 240 in Mumbai-India’s largest cement market. The pricing of ce
UAE cement sector sees profits tumble
Amana Capital Financial reported that the profits of local UAE cement companies plunged 52 percent to US$118.6m during the first half of this year, up from US$247.3m for the same period last year, Gul
Consumer Affairs Commission dissatisfied
The Consumer Affairs Commission is reporting that it is dissatisfied with the pace at which claims for compensation for bad cement are being settled. Executive Director of the agency, Dolsie Allen say
Indonesia July cement sales up 2.6%
Indonesia’s domestic cement sales in July rose 2.6 per cent compared with a year earlier, the first annual increase since November, according to local news reports.
Gulf Cement Co to begin production by mid-2008
The Gulf Cement Company (GCC), which is being listed at the Doha Securities Market (DSM) today, said it hopes to begin production by the middle of 2008.
Vietnam: Cement consumption to decrease
The domestic cement demand in the third quarter of this year is predicted to decrease dramatically over the first and second quarter due to rainy reason, said the Ministry of Construction.
New cement plant registration eased, Philippines
The Board of Investments (BoI) has relaxed the rules on the registration of cement projects to enable foreigners to wholly-own cement projects in the country but tightened the rules on the registratio
Lithuania reports cement shortage
Lithuania`s producers of building materials, as predicted, have come across the shortage of cement in August, with the sole cement producer Akmenes Cementas (Akmene Cement) being unable to satisfy the
Ukraine Cement output up 8.8 per cent
Ukraine’s cement output rose by 8.8 per cent YoY to 7.223Mt in the first seven months of 2006, the State Statistics Committee said on August 16, 2006. In July alone, cement output grew by 10.7 p
Lafarge banking on government plans
Lafarge Malayan Cement Bhd (LMC) is banking on fast implementation of the Ninth Malaysia Plan (9MP) projects, the Government’s approval to raise cement ceiling price and new products to improve
Eurocement acquires Uzbek cement producer
The Russian-based Eurocement Group has reportedly purchased a majority stake in Ahangarancement OJSC, the second largest cement producer of Uzbekistan, Russian business daily Vedomosti reported on 21
Estonia’s construction boom pushes prices
The construction boom prevailing in Estonia now has sent the sales of producers of building materials soaring and prompted companies to invest in expansion, with shortage of raw materials and labor as
El Paso sues Cemex
US concrete maker El Paso sued Mexico’s cement companies Cemex and Grupo Cementos Chihuahua (GCC) last week, alleging that both firms sell their products at prices lower than costs in El Paso, Texas.
Ancap to modernise cement plants
Ancap should invest at least US$10m in its cement plant at Minas and other US$2m - US$3m in the Paysandu unit, as part of an effort to modernise and to move them out of losses of around US$3m per annu
Basic Element to construct Serebryany cement plant
Basic Element LLC will construct Serebryany cement plant in the Mikhaylovsky district of the Ryazan region. The enterprise capacity will total 1.5Mt of cement per year. Investments in new equipment wi
Gulf Cement Co to begin production by mid-2008
The Gulf Cement Company (GCC) Qatar, which is being listed at the Doha Securities Market (DSM) today, hopes to begin production by the middle of 2008. Land for the project measuring four square kilome