TOP STORY
Buzzi Unicem’s first quarter cement sales declined by 4.5% to 6.8Mt because of the weakness of the Italian and US markets, but ready-mixed concrete deliveries did improve by 3.1% to 3.7Mm³
International
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14 May 2008
LATEST CEMENT INDUSTRY NEWS
Anhui Conch Cement Co, China’s largest cement producer by output, said Tuesday it plans to build six dry-process plants in China, which will cost at least CNY4.95bn (US$709.4m).
International
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14 May 2008
Indonesia’s domestic cement sales growth jumped 28.2 per cent in April from a year ago to 3.08Mt.
International
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14 May 2008
UPCOMING EVENT
Pan Pacific Hotel
Singapore
22 - 25 June 2008
The Cemtech Asia Conference and Exhibition will take place at the five star Pan Pacific Hotel in the heart of Singapore, between 22-25th June 2008. With a range of leading industry speakers focussing on regional market analysis and technical advances including waste fuel burning and sustainability, it promises to be an unforgettable event – all of which will be complimented by unbeatable Cemtech hospitality.
CEMENT INDUSTRY NEWS
Chinese cement maker Asia Cement (China) Holdings Corp said late Tuesday its plants in Sichuan were not seriously affected
International
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14 May 2008
The Vietnam Ministry of Construction has proposed the Ministry of Finance to consider cutting tax on clinker imports from ASEAN and non-ASEAN countries to 0%,
International
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14 May 2008
Greece’s Titan Cement Co. SA is looking to expand in the Balkans and Russia, Greek financial daily Imerisia reports Tuesday.
International
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14 May 2008
Lafarge has acquired a 35 per cent stake in Algerian cement company ERCC, according to
International
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14 May 2008
Taiheiyo Cement Corp forecast a half-year net loss of JPY2.5bn for next year, after decreasing net profit 16.1% to JPY20.5bn for the year to March 31, 2008.
International
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14 May 2008
Union Finance Minister P. Chidambaram has warned the cement industry again of serious “administrative measures” if it did not cooperate in checking inflation.
International
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14 May 2008
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ICR EDITOR'S BLOG | LATEST ENTRY
Financials under the spotlight
At the end of March 08, Cemex had a net debt US$18,813m disclosed, and a further undisclosed amount of debt in the form of perpetual notes that were lumped together with minorities. Cemex has not yet published its accounts for 2007, but at the end of 2006, perpetual debt amounted to US$1250m....more