Cement News tagged: International
New plant for Jamaica
Local firm Mainland International will this year break ground for its previously-announced cement manufacturing plant, that will, at full production capacity, be able to meet the equivalent of a third
CRH invests in cement joint venture in Florida
CRH plc, the international building materials group, announces that its US subsidiary, Oldcastle Materials, Inc., has taken a 50% equity stake in American Cement Company, LLC (ACC), for a cash contrib
Cementir spends US$110m on Oyak works, Turkey
Cementir is acquiring the Elazig cement works in eastern Anatolia from the Turkish army pension fund Oyak for US$110m. Assuming clearance by the Turkish competition authorities, this deal will bring
Austrian Asamer Holding offer for Bosnian cement plant
ALAS International, a subsidiary of Austrian building materials producer Asamer Holding, on Tuesday made a buyout offer on the Sarajevo Stock Exchange to acquire 100 per cent of its Bosnian cement pla
Gresik to issue bonds to finance new plant, Indonesia
Publicly listed cement maker PT Semen Gresik is planning to issue bonds in the second semester of 2007 to finance construction of a Rp3-trillion cement plant in Java, a company spokesman said.
More cement to fill weekly demand, Jamaica
Another 20,000t of cement is expected to arrive to Jamaica this week. The supply which is being imported by Caribbean Cement Company is expected to help meet the country’s weekly demand for cem
No cement monopoly in Sabah, Malaysia
Sabah Economic Development Corporation (Sedco) subsidiary, Cement Industries (Sabah) Sdn Bhd (CIS), said it is not monopolising the supply of cement in the Malaysian State.
China to restructure cement sector
China will restructure the cement industry by favoring selected cement producers, in a bid to sideline the least efficient companies, the China Securities Journal reported. Various regulators will me
Cimpor gives priority to acquisitions in China
Cimpor is looking at acquisitions of factories in China, a market which it considers to be a priority for its international expansion, due to its high growth rates, the company has said. A source from
JK Cement powers ahead
JK Cement Ltd, one of the leading cement players in India, has two plants at Nimbahera and Mangrol with an aggregate installed capacity of 4.0Mta and is one of the top five producers of grey cement in
Strawberry pickers trigger higher cement demand
Romanian workers (including strawberry pickers) in Spain or Italy who returned to Romania in the first half of the year brought about a 20 per cent growth in cement sales of Carpatcement Holding, the
China’s cement output hits new high
China’s cement output in the first half of the year hit a record high for a six-month period, up 20.9 per cent from the same period last year to 540Mt, the Xinhua-run China Securities Journal re
Century plans mega cement expansion
Century Textiles and Industries has informed the Bombay Stock Exchange that it is embarking on a Rs 790-crore expansion that would raise the cement capacity at its plant in Chandrapur district of Maha
Gresik to seek extra funds for new plant
PT Semen Gresik said it will seek Rp2.28 trillion (US$253m) in additional funds to build a new Rp3.5 trillion cement factory
Cimsa to build new production line, Turkey
Cimsa announced that it would extend its investment in Eskisehir facility. The company will build a new modern grey cement production line with TRY 80.25mn (US$53.5m
Cement companies look at further investments, Indonesia
Some Indonesian cement companies are going to realize their investments to construct new plants in order to anticipate increasing market demands.