Cement News tagged: International
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
Cement industry to expand four per cent in 2007
Mexico’s cement industry is to expand just four per cent in 2007. One of the main reasons that prevent a bigger dynamics is the lack of great infrastructure works, representatives of the sector said.
Peru Cement Output Rise 13 per cent YoY 2006
Peru’s cement output rose 13 per cent to 5.68Mt in 2006, the country’s Association of Cement Companies (Asocem) said.
Rinker Acquires Leading Construction Materials producer in Oregon
Rinker Group Limited has expanded the group’s operations in the US Pacific north-west, with the acquisition of one of the leading construction materials producers in Salem, Oregon -- the Wallin
Rise in cement price satisfies “only… government", Mauritius
At the end of the day, no one is really happy with the latest cabinet decision on the increase in the price of cement, according to local Mauritian news reports.
Italcementi to invest in Bulgarian upgrade
Italian cement giant Italcementi Group will spend BGN 360m (Blugarian lev) on the upgrade of its Devnya Cement plant in the northeastern Bulgarian city of Devnya, the company said.
Cemex announces organisational changes
Cemex has the retirement of José Luis Sáenz de Miera, 60, President of Cemex’s Southern Europe, Middle East, Africa and Asia Region, after a 12-year career with the company.
Pakistan production likely to go beyond 45Mt in two years
The Pakistan government hopes that cement production will go beyond 45Mta in the next two years, as the existing 28 units are planning to further enhance their output capacity.
Dealers to stop selling cement from February
The Kerala Cement Dealers Association has decided to stop the sale of cement in the State from February 1 in protest against
Proposed cement standard likely to raise competition, South Africa
The proposed introduction of a new compulsory specification for cement has moved a step closer with the publication of a draft specification for public comment.
Indian prices show no signs of relenting
After being range-bound for over six months, cement prices have once again started to rise across the country.