http://www.cemnet.com/news/default.aspx Be the first to know the latest developments in the cement industry. Updated daily en-us PHP/4.3.6 http://www.cemnet.com/members/news/story.aspx?id=12559 Siam Cement is expected to report a 2Q08 net profit of Bt6.4bn, down 27.5% YoY and 10.2% QoQ. Fri, 4 Jul 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12558 A new cement plant being built by Grupo Cementos de Chihuahua (GCC) of Mexico will start limited operations next week, Fri, 4 Jul 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12557 Unregulated cement exports to Romania may trigger a shortage on the Bulgarian market, Todor Kostov, executive director of cement, Fri, 4 Jul 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12555 Prakash Industries Ltd said on Friday it has signed a deal with the government of the central Indian state of Chhattisgarh to set up cement and clinker plants at an investment of INR4.85bn. Fri, 4 Jul 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12554 China Shanshui Cement Group Ltd, the country’s second largest cement maker, said the retail tranche of its initial public offering (IPO) in Hong Kong Thu, 3 Jul 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12551 Sinoma International Engineering Co Ltd said it has suspended a cement production line construction contract with Union Cement Company Thu, 3 Jul 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12541 Pakistan cement manufacturers are seeking an increase in prices in the wake of rise in international coal prices by 139 per cent during financial year 2008. Wed, 2 Jul 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12540 India’s Aditya Birla Group said on Wednesday its cement shipments in June rose five per cent from a year earlier to 2.58Mt. Wed, 2 Jul 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12547 Holcim Ltd plans to invest more than US$100m in Colombia to boost its output of cement, the company said Tuesday in a statement. Wed, 2 Jul 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12545 The Gaza Strip on Wednesday was to receive cement shipments for the first time in a year as Israel reopened border crossings that shut down. Wed, 2 Jul 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12546 Adelaide Brighton Ltd has spent US$81m buying concrete products business Hanson Building Products Pty Ltd (HBP) Wed, 2 Jul 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12550 CRH has spent EUR740m in the year to date on acquisitions and is indicating a pre-tax profit for the first six months of around EUR600m, compared with EUR670m last year Wed, 2 Jul 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12548 Cement prices are likely to go up by Rs3 per bag in Mumbai, Gujarat and the southern markets from Monday. Wed, 2 Jul 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12534 The shareholders of state-owned cement producer PT Semen Gresik have fired president commissioner Rizal Ramli, Tue, 1 Jul 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12536 Costlier raw material and tight credit conditions have slowed down Indian cement companies’ ambitious Tue, 1 Jul 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12537 Derba Midroc Cement company (DMC) in Ethiopia has benefited from a EUR29m loan from the European Investment Bank (EIB). Tue, 1 Jul 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12538 Aseambankers Equity Research has adjusted its price target for Lafarge Malayan Cement Bhd given a cloudy outlook on demand despite higher selling prices of cement. Tue, 1 Jul 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12530 The Romanian unit of Swiss cement producer Holcim said it has recently completed a EUR120m project to modernise its cement plant in Campulung Tue, 1 Jul 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12524 Anil Singhvi, former managing director of Ambuja Cements, has joined Anil Ambani’s Reliance Natural Resources (RNRL) as its vice-chairman. Mon, 30 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12525 Holcim said it has commissioned a new training centre in the Swiss town of Holderbank. Mon, 30 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12526 Votorantim Cimentos, engaged in a R$2bil cement capacity expansion investment to add 8Mta by 2010, Mon, 30 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12528 Two Egyptian companies have said they are in talks with the Sudanese armed forces on the feasibility of building a cement factory in Sudan. Mon, 30 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12529 During January-April 2008, domestic cement sales volumes in Thailand dropped to 9.2Mt, down 5.0% YoY Mon, 30 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12518 Holcim is increasing its stake in Indian cement producer ACC through open market purchases in an attempt to get majority ownership of the company. Fri, 27 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12520 Bolu Cimento is to establish a cement grinding facility in the industrial zone in the city of Zonguldak in the Black Sea region. Fri, 27 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12521 Iran has announced plans to build a cement factory in Tash-Kumyr, in the south of Kyrgyzstan. This will be the third building materials factory in that region. Fri, 27 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12522 PT Semen Gresik’s first-half net profit will likely grow 40% on year to IDR980 billion on higher sales, Fri, 27 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12523 The continuous rise in international coal prices and an anticipated increased supply may cause further Fri, 27 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12517 Anhui Conch Cement Company Limited will focus on investments in western China in the next five years. Thu, 26 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12516 A Dubai-based business group will set up a cement manufacturing plant named Galadari Cement (Gulf) Limited, near Karachi, Thu, 26 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12506 Uzbekistan is planning to build six more cement plants with total value of US$1.415bn in 2008-2012, Wed, 25 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12507 Bahrain’s construction industry is still experiencing supplies that are too limited to meet demand. Wed, 25 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12509 Trinidad & Tobago-based cement manufacturer Trinidad Cement Limited (TCL) will not increase its prices in the short-term, Wed, 25 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12511 Grupo Espirito Santo’s Angolan holding company Escom has set up a joint venture with Brazilian company Camargo Correa to build a Wed, 25 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12512 The 1st Lao Cement Plant is to increase production capacity amid the surge in high demand of domestic market. Wed, 25 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12513 Nigerian industrial conglomerate, Dangote Group concluded a US$1.85bn financing deal on Tuesday to build four new cement plants in West Africa. Wed, 25 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12500 Russian company Ulyanovskshifer has started building a cement plant at a cost of Tue, 24 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12501 The Romanian unit of Holcim said its net profit fell by 34.5 per cent YoY to RON114.5m (US$48.3m) in 2007, due Tue, 24 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12502 Philippines demand decreased slightly during the first five months of this year, resulting in an oversupply of cement in the local market. Tue, 24 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12503 Binani Cement is close to acquiring an African cement company for around US$100m. Tue, 24 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12504 Vietnam’s cement prices have fallen sharply following Government measure to stabilise prices. Tue, 24 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12505 French cement maker Vicat said it has formed a joint venture with Sagar Cements to build a cement plant at Gulbarga in the Indian state of Karnataka, India. Tue, 24 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12498 ONTRACK will now make the final decision on whether its branch railway line from Waiareka through Weston will reopen. Tue, 24 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12489 Pakistani cement is making way into South Indian markets where its demand is rising. Media reports quoting an official of the Kerala Cement Dealers’ Association Mon, 23 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12491 Russia’s Eurocement Group plans on June 26 to start building a cement plant in the Voronezh Region at a Mon, 23 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12492 Titan America LLC plans to expand its cement terminal along the Elizabeth River’s Southern Branch onto an adjacent parcel of about 7 acres, company officials said Mon, 23 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12493 Bahrain could soon be importing construction material from Turkey, particularly cement Mon, 23 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12494 Indonesia’s biggest cement producer by sales volume, the state-run PT Semen Gresik Tbk, said on Monday its cement Mon, 23 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12495 Lafarge has bought a 35 per cent stake in the Meftah cement plant in Algeria for EUR43.5m, as part of privatisation process. Mon, 23 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12488 The Venezuelan government adopted a decree on Thursday nationalizing the cement industry, giving the state ownership of firms controlled by Holcim, Lafarge and Cemex. Fri, 20 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12487 Sanko Holding signed a partnership agreement with Italian Barbetti and agreed to sell its 30 per cent stake in cement producer unit Cimko Cimento Fri, 20 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12486 FLSmidth has won a contract worth approximately EUR 100m to supply machinery and equipment for a new 4200tpd production line Fri, 20 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12481 The drop in the cement consumption in Spain will not have any importance for the activities of Portuguese cement producer Cimpor Thu, 19 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12483 Saudi Arabia’s total cement output is expected to rise to 43.6Mt in 2008 and 49Mt in 2009, according to a report of local BMG Financial Advisors). The figure stood at 31Mt in 2007. Thu, 19 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12484 Indonesia’s cement consumption surged 23 per cent to 3.57Mt in May from a year ago amid brisk construction activity during the period, an industry official said. Thu, 19 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12479 Strong demand for cement in the North and Midwest regions of Brazil are leading Votorantim Cimentos, Wed, 18 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12478 Pakistan cement exports have touched an all-time high of 137.2 per cent to 6.63Mt during 11 months of current fiscal year 2007-08 compared to 2.80Mt same period last year. Wed, 18 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12475 On 17 June Venezuela’s Supreme Court of Justice approved the nationalisation of the country’s cement industry, which was decreed by President Hugo Chávez in early April. Wed, 18 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12474 The Karnataka Government has given its ’go ahead’ signal for Chettinad Cement Corporation Ltd. to put up a 2.5Mt cement plant at Kallur village in Gulbarga district. Wed, 18 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12467 The Government of Cameroon has been cited in the delay of construction of the Limbe Cement Factory that was supposed to begin last April. Tue, 17 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12469 Following yesterday’s announcement that Rodolfo Danielli has resigned from position of President and chief operating officer of Ciments Francais Tue, 17 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12470 The Federal Government yesterday granted six firms new permits to import and produce cement locally. Tue, 17 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12471 Sales of cement in Spain fell 12.4 per cent from January to May after one of the wettest springs in memory Tue, 17 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12472 Cemex announced today that it expects EBITDA for the quarter ending June 30, 2008 to be close to US$1.4bn, Tue, 17 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12458 Aizaz Mansoor Sheikh, Chairman, All Pakistan Cement Manufacturers Association, has said that the increase in taxes Mon, 16 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12460 Qatar National Cement Company said it has signed a loan agreement with BNP Paribas for a term loan of US$40m to cover the remaining cost for parts of Plant 4 and other projects in progress. Mon, 16 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12461 French cement company Ciments Francais, a unit of Italy’s Italcementi SpA, Monday said its president and Mon, 16 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12462 Investors of a new cement factory in Hidd have been thrown a lifeline after councillors agreed to reconsider a decision taken nine months ago to reject it. Mon, 16 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12464 Binani Cement Ltd of India plans to invest US$100m more into the Chinese cement company Shandong Rong’an Group, Mon, 16 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12465 As part of its social responsibility strategy, today Suez Cement representatives signed a Memorandum of Understanding with the Minister of Housing, H.E. Eng. Ahmed el- Maghraby. Mon, 16 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12466 Cement shipments in India rose four per cent in May from a year ago to 14.85Mt, the Cement Manufacturers’ Association (CMA) said on Friday. Mon, 16 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12463 Finance minister, Amos Kimunya has proposed a raft of measures aimed at bringing down the cost of construction materials. Mon, 16 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12452 Holcim Spain has agreed to acquire 100 per cent of Tarmac Iberia S.A.U. from Anglo American plc, London Fri, 13 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12453 Vietnam’s Ministry of Construction has told several provinces to stop granting investment licences for new cement plants from now until 2015. Fri, 13 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12454 After an increase in excise duty Pakistan cement manufacturers have raised the cement prices by Rs 12 to Rs 15 per bag. Fri, 13 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12455 Bahrain is taking urgent action to break the cement crisis which has crippled the country’s construction industry. Fri, 13 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12456 Dubai: The price of steel has more than doubled in the last seven months, affecting the UAE’s construction sector. But the good news is that cement prices are due for a correction Fri, 13 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12457 Cement sales in Brazil rose 12.7% in May from the same month last year, to 4.167Mt Fri, 13 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12444 Union Cement Co said on Wednesday it is considering using coal to fire one of its kilns instead of natural gas or heavy fuel. Thu, 12 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12447 Prime Minister, Shaikh Khalifa bin Salman Al Khalifa, yesterday reviewed with senior government officials the impact the shortage of cement and other building materials on the local market. Thu, 12 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12449 Construction of the US’ largest cement plant in Ste. Genevieve County is on track for its scheduled completion next year, its plant manager said Thursday. Thu, 12 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12450 Apart from the rising cost of raw materials, power and fuel, Cemex Philippines is said to be concerned over the decline of the demand for its product this year compared to last year. Thu, 12 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12451 The Nigerian Federal Government’s decision to allow the importation of bagged cement into the country has continued to generate controversy, Thu, 12 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12443 While Vietnam is facing a cement shortage, the situation may reverse by 2010 when a series of cement plants start up, warned the Vietnam National Cement Association (VNCA). Wed, 11 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12442 Italcementi and HeidelbergCement are to jointly further develop the photoactive binders market. Wed, 11 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12441 Qatar plans to impose a three-year freeze on cement and steel prices as well as Wed, 11 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12437 Turkish cement producer Cimsa Cimento Sanayi has announced that the competition board has approved Wed, 11 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12436 A senior company official from Holcim Lanka there has been a slowdown in demand for cement from the island’s construction sector Wed, 11 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12431 Taiwan-funded Sichuan Yadong Cement Co, Ltd. is to start the construction of its third cement production line in Pengzhou Cit Tue, 10 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12432 An Iranian company, Mapsa, has applied to invest EUR150m in a cement factory in the city of Taskomur in Kyrgyzstan Tue, 10 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12433 Taiwan Cement Corp has decided to invest US$135m to double capacity at its plant in China’s Jiangsu province to 4.5Mt Tue, 10 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12434 Holcim Lanka said it has made an investment proposal to Lanka Cement to revive production at its defunct plant in the northern Jaffna peninsula or build a new one. Tue, 10 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12435 The Italcementi subsidiary Ciments Français is taking a 12.5% stake in Al Badia Cement, a new cement company being established to build a 3.2Mta cement works in Syria Tue, 10 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12408 Just as Sagar Cements is poised to take the leap into the big league, the mini cement maker from Andhra Pradesh is drawing interest from Mon, 9 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12424 With the reduction of freight charges, the Indian Railways has set aside an ambitious target of doubling the transportation of cement Mon, 9 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12413 According to Karvy Stock Broking report on cement sector: "The hike in diesel price by INR3/l has put an incremental cost burden of INR4140m for the cement industry. We believe cement industry would n Mon, 9 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12415 The Ministry of Construction (MOC) has officially asked the authorities of 14 cities and localities to halt registering more cement projects Mon, 9 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12421 JK Lakshmi Cement, part of JK Group, is adding five more ready-mix concrete (RMC) units as part of its expansion plans. Mon, 9 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12427 Lafarge SA plans to build a cement plant in Russia’s Rostov Region, the press office of the regional economic development ministry Mon, 9 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12391 Lafarge signed an agreement with Chinese supplier CBMI Ltd to expand its Nigerian plant and double output to 4Mta, Lafarge’s Nigerian unit Fri, 6 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12406 On May 27 a gala ceremony took place in Slantsy, Leningrad region to lay the foundation stone for the construction of a new LSR Group cement plant. Fri, 6 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12393 The key drivers for Indian cement demand are real estate sector, infrastructure projects and industrial expansion projects. Fri, 6 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12394 Cement production units in Rajasthan have been forced to cut their capacity utilisation by as high as 50 per cent, following the 12 day violent Gujjar agitation. Fri, 6 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12407 Production is being cut at a North Wales cement factory because of the recession in the construction industry. Fri, 6 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12388 Cemex Venezuela was "obligated" to transfer assets belonging to foreign subsidiaries after President Hugo Chavez ordered a state takeover Thu, 5 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12389 The minister of industry and primary resources ...yesterday officiated and witnessed the signing ceremony of the new partnership between HC Asia Holding GMBH and PJ Corporation Sdn Bhd. Thu, 5 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12374 Tokyo Cement Company, a unit of Japan’s Mitsui Mining, said March quarter group net profit fell Thu, 5 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12375 Seven more cement plants with a combined capacity of 7.81Mt will be put into operation across Vietnam before the end of the year. Thu, 5 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12377 The Gujjar unrest in Rajasthan and surrounding areas of the national capital region (NCR) is likely to hit cement companies Thu, 5 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12378 Merrill Lynch has agreed to spend US$50m for 46 per cent stakes in Wenchuan’s Zi Ping Cement Factory Thu, 5 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12379 Anhui Conch Cement Co Ltd, the biggest cement producer in Asia by output, plans to double its production capacity in the next three years Thu, 5 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12380 Investments in local cement capacity may be endangered, following reports that the government is planning to approve the importation of bagged cement. Thu, 5 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12381 UralKhim, which acquired a licence for the exploitation of a Sordino phosphate deposit in Russia, is now able to build a cement plant Thu, 5 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12387 Two of Bahrain’s largest ready-mix concrete plants, together producing more than 4000m3 of concrete a day, Thu, 5 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12376 The huge projected demand for cement needed for reconstruction following the Wenchuan earthquake is expected to strain supplies Thu, 5 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12359 Cement sector profitability is expected to grow by 11 per cent in fiscal year 2008-09 with record Public Sector Development Programme (PSDP) Wed, 4 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12360 Shares in cement makers Lafarge Malayan Cement Bhd and Gopeng Bhd rallied yesterday Wed, 4 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12361 Cement sales have grown 7.9 per cent as an increased focus on infrastructure projects has pushed up demand Wed, 4 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12371 France’s Lafarge and Iraqi partner Asiacell plan to invest around US4550m to raise cement capacity in Northern Iraq Wed, 4 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12366 The government of the Ryazan Region, about 150 miles southeast of Moscow, Wed, 4 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12369 The 12th Refratechnik International Colloquium commenced this morning with over 670 guests registered from 76 countries. Wed, 4 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12390 Bahrain could run out of cement within days, bringing construction activity to a halt, following tough new measures Wed, 4 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12358 ACC Ltd, India’s largest cement maker, is eyeing potential takeover targets, The Financial Express said Tue, 3 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12342 Cement prices in earthquake-affected areas in China will soar to CNY1000/t without government intervention to control prices, a senior executive at China’s largest cement maker by output said Tu Tue, 3 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12343 Cement brands like Lucky, Maple Leaf and Elephant from Pakistan are helping the construction companies in the south to check prices, albeit to a limited extent. Tue, 3 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12351 Sagar Cements Ltd will be commissioning its INR296-crore brownfield clinker and cement plants in July. This would push up the cement production capacity of the Hyderabad-based company from 0.6Mta Tue, 3 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12352 On May 27 a gala ceremony took place in Slantsy, the Leningrad region to lay the foundation stone for the construction of a new LSR Group cement plant. Tue, 3 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12354 China Resources Cement is building a RMB3.9bn modern dry-process plant in Fengkai county Tue, 3 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12355 HB Capital Partners, manager of the first Indonesia-focused hedge fund, is betting on the nation’s construction and cement industries as provinces outside the main island Tue, 3 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12357 Malaysia will remove the ceiling price of cement from Thursday to boost the country’s building industry, Tue, 3 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12330 Cement demand in the earthquake-affected areas in Southwest China is estimated at between 50Mt and 70Mt Mon, 2 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12331 Stocks of Indian cement companies have been southward bound on sedate numbers and concerns on regulatory intervention on prices. Mon, 2 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12334 Cement production capacity has increased to 53Mta with the inauguration of the third production line of Sepahan Cement Factory Mon, 2 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12335 Dalmia Cement, which has a strong presence in South India, is chalking out a new strategy to reduce its coal costs Mon, 2 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12336 The Marianas Business Journal is reporting the Port Authority of Guam will consider two measures at its June 3 board meeting designed to ease supply and storage of cement on Guam Mon, 2 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12339 French cement maker Vicat and Kazakh group Kazkommerts Invest will build a cement plant in the Central Asian state at an estimated cost of US$230m Mon, 2 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12340 As part of a 28-month strategy aimed at increasing the volume of cement produced by Dangote Cement Limited locally and moving the country from an importer of the commodity to an exporter Mon, 2 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12329 The outlook for the Indian cement sector has taken a turn for the worse in recent months. Mon, 2 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12325 The Polish competition watchdog is believed to be close to completing an investigation into the activities of Irish group CRH and a number of big players Mon, 2 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12324 Market monitoring by the Ministry of Commerce (MOC) shows that China’s cement market has operated steadily Mon, 2 Jun 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12323 Raysut Cement Company, Oman’s second largest producer of building materials, on Wednesday announced the increase of cement prices. Fri, 30 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12321 Mumbwa Cement Limited intends to set up a cement manufacturing plant at Natani in Nangoma, Zambia at a cost of US$4m. Fri, 30 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12315 Russian holding Sibirsky Cement expects to build a RUB57bn cement plant in the Ryazan Region by 2014 Fri, 30 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12313 China-based cement producer West China Cement Ltd. said it is in the final stage of negotiating a $60m credit facility with an international bank. Fri, 30 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12312 Holcim Philippines Inc., the country’s largest cement maker, is reviving its ready mixed concrete solutions Fri, 30 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12310 PT Semen Gresik Tbk allocated US$574m funds or IDR5.34 trillion to build a steamed-based power plant built this year until 2010. Fri, 30 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12305 China may cap steel and cement prices to curb inflation as the nation rebuilds after the May 12 earthquake, Thu, 29 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12306 The Ministry of Finance (MoF) decided to waive import duty on clinker from 10 per cent to zero in the wake of a proposal from the Ministry of Construction (MoC). Thu, 29 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12307 A report released by the Iraqi Ministry of Industry and Minerals showed that the ministry will set aside a total of US$160m from a Japanese loan to rehabilitate Thu, 29 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12308 Vicat and Kazakh group Kazkommerts Invest will build a cement plant in the Central Asian state at an estimated cost of US$230m, Kazkommerts Invest said on Thursday. Thu, 29 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12309 Cimpor said first-quarter net profit to March decreased 14 per cent to EUR57.6m compared with the first quarter of 2007. Thu, 29 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12297 Construction on the Hebei Jingxing Dingxing cement and clinker plant that is funded by Hebei Dingxing Cement Co, Ltd. started on May 22nd. Wed, 28 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12298 Ministry of Mines and Energy (MoME) yesterday signed an agreement with Derba Midroc Cement PLC allowing the latter to mine limestone, marl, gypsum and sandstone in the North Shewa Zone at Mugher local Wed, 28 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12301 Oman Cement and Raysut Cement will from be allowed to import cement and raise prices amid a shortage and construction boom Wed, 28 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12303 The government of India has eased the ban on cement exports from the ports in Gujarat. Wed, 28 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12285 Barely a fortnight after the French cement major Lafarge acquired L&T Concrete, the ready-mix concrete (RMC) business of Larsen & Toubro (L&T), several domestic cement players Tue, 27 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12288 Making efforts to bag major share in the cement industry, Jaypee Group has firmed up plans to enhance its cement capacity from the present 7Mta to 25Mta by 2010. Tue, 27 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12289 Vietnam Deputy Prime Minister Hoang Trung Hai has asked cement producers and businesses to ensure that sufficient supply of cement are available to help stabilise the domestic cement market. Tue, 27 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12290 Holcim (New Zealand) Ltd has announced that it will create a wetland and bird sanctuary on eight hectares of land at Cape Foulwind to help recognise 50 years of operations at its Westport Cement Works Tue, 27 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12291 Holcim Lanka Limited announced yesterday the company is hoping to meet the minister for Consumer affairs to discuss Tue, 27 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12293 Saudi cement producer Yanbu Cement Company (YCC) has signed a memorandum of understanding with Tue, 27 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12294 The price of cement in Nigeria has risen by 20 per cent in the past two months in spite of government lifting the ban on imports. Tue, 27 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12295 Lafarge’s Heracles General Cement Company SA said its first quarter net earnings after taxes fell to EUR1.3m from EUR18.7m booked over the same period last year. Tue, 27 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12296 Cimpor is expected to post a weak set of first-quarter results to March on Wednesday, pressured by lower Tue, 27 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12496 A steep tumble in Panamax rates pushed the dry index sharply down last week after the mid-sizes failed to hold onto the spectacular gains of the previous tendays. But while the BPI Sun, 25 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12276 Holcim’s $300m cement plant cannot be built near Weston unless the Waiareka-Weston branch rail line is reopened, the Waiareka Valley Preservation Society said yesterday. Fri, 23 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12277 Dalmia Cement (Bharat) Ltd posted a 13 per cent rise in quarterly profits helped by better price realisations from cement Fri, 23 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12278 The easing of cement import curbs is not expected to significantly impact domestic producers by making them aggressive exporters, industry observers say. Fri, 23 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12279 Taiwan Cement Corp will raise prices on exports to the Middle East, Africa and the Americas by 9-12 per cent from June 2008 Fri, 23 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12280 According to the Palestine news agency, a recently released study by the Palestinian Economic Council for Development and Reconstruction in Palestine (PECDAR) estimated the total cement sales Fri, 23 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12281 Indian cement maker ACC Ltd sees increasing costs weighing on its margins in the second quarter to June Fri, 23 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12265 Suppliers of coffee, rice and timber husks to Hima Cement could earn sh1.5b annually, Bernard Osawa, the company’s manager for alternative fuel, has said. Osawa said at the launch of the Clean Thu, 22 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12270 Market monitoring by the Ministry of Commerce (MOC) shows that China’s cement market has operated steadily, with comparatively inert prices. Monitoring shows that cement price averaged 316 yua Thu, 22 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12268 China’s Runji Cement located in Anhui Province has announced that it broke ground on the construction of a waste heat-fueled electric generator on May 16, 2008. Currently, electricity represents 23% Thu, 22 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12269 The cement works at Railton in Tasmania’s north west is to be the subject of an asbestos survey and research program. From the 1940s to the late 80s, Goliath Cement was Australia’s third l Thu, 22 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12273 Pretoria Portland Cement (PPC), said yesterday it would hike the price of the building material for the second time this year as manufacturers feel the squeeze of higher input costs. PPC, which has al Thu, 22 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12248 ACC is planning to expand its cement capacity from 22.4Mt to 30.4Mt by 2010. The company expects to commission its captive power plant of 30mW at Bargarh in 2009 and a plant of 25mW at Chanda in 2010. Wed, 21 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12250 By setting up cement projects to make use of the fly ash generated from their power plants, Indian utilities such as NTPC Ltd and Reliance-Anil Dhirubhai Ambani Group’s Reliance Power Ltd (RPL) will a Wed, 21 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12253 India’s ACC group, India’s largest cement manufacturer said it will increase the prices of cement after three month if the market forces and the government allow to do so. "Showing ou Wed, 21 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12255 British based financing company, Delamore Owl & Group said it is ready to provide US$28 million in credit to revitalize a small debt ridden cement maker in Indonesia. Delamore also wants to acquire a Wed, 21 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12257 Registered on the UK AIM listings, with its shares having languished over the past 12 months, Prosperity’s owners are now about to jump aboard the HK bandwagon and aim for a separate listing the Wed, 21 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12234 Gearing up for the 2010 Soccer World Cup, PPC has supplied more than 12,000 tonnes of PPC CEM 1 42.5N cement to WG Wearne Ltd for the upgrade of the FNB stadium in Nasrec. WG Wearne Ltd, contracted to Tue, 20 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12235 The Irani company Azarab has reportedly won tender for exploitation of Padkamenne (the Homel region) limestone deposits Tue, 20 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12237 According to data from the Turkish Cement Manufacturers’ Association (TÇMB), cement facilities in the Marmara region sold a total of Tue, 20 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12239 A recently released report by the Lebanese AUDI Bank, shows that the amount of the total cement deliveries in Lebanon had increased to 511,981t in the first two months of 2008, up from 466,346 tons Tue, 20 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12243 Demand for cement in the western half of the Eastern Cape stood at 143,862t in the year to April as against 114,526t in the same period last year. Against that, sales in the eastern part of the provin Tue, 20 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12245 Cement consumption in Spain dropped by 10.7 per cent year-on-year to 16.74 million tonnes in the first four months of 2008, the Spanish cement makers association Oficemen said on May 19. The fall was Tue, 20 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12225 Tanzania Portland Cement Company Ltd (TPCC) is to invest US$100m in an expansion of its Dar es Salaam plant that will increase its capacity by 90 per cent. Mon, 19 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12226 Despite talk of bringing down the price of cement and steel, the Indian construction market is yet to reflect little of the government’s efforts Mon, 19 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12231 Over the past few days, the price of cement in the domestic market has seen a dramatic price spike defying the Government’s measures to curb price rises. Despite fluctuations in the soaring prices of Mon, 19 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12232 The joint venture cement project at Sargberg in the Otavi district recently entered its final phase before actual construction, after the government issued Mon, 19 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12224 Leading Chinese cement producer Anhui Conch Cement Co Ltd plans to speed up capacity expansion in the aftermath of the most devastating Mon, 19 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12219 China’s cement industry plans to lift prices for the fourth time in the October to December period, 2008 as a result of eliminating 600Mt Fri, 16 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12220 Asia Cement Corp is ready to invest some HK$400m to acquire cement companies based in China Fri, 16 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12222 Alamo Cement Company, a wholly owned subsidiary of Buzzi Unicem, is in the process of acquiring a 50% stake in Dorsett Bros. Concrete Supply of Houston, Texas. Fri, 16 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12223 Lafarge Malayan Cement Berhad on Thursday reported first quarter pre-tax profit of RM66.293 million (US$20.7 m), an increase of 13.2 per cent YoY thanks to higher domestic sales. Fri, 16 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12262 Cemex UK has launched its first UK pallet collection system within the cement industry. Thu, 15 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12213 PT Indocement Tunggal Prakarsa Tbk is going to spend US$608m-US$730m or IDR5.59 trillion- Thu, 15 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12215 Adelaide Brighton Ltd has forecast full year profit growth of nearly 10 per cent as infrastructure and engineering projects spur demand for construction materials. Thu, 15 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12216 Cementir’s first quarter turnover increased by 3.2% to EUR245.1m in 2007. Harsher weather conditions, particularly in Scandinavia Thu, 15 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12217 Lafarge is paying EUR226m to acquire L&T Concrete from the Indian engineering group Larsen & Toubro. Thu, 15 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12203 Ukrainian cement production rose by 9.1% in April 2008, compared with April 2007 to 1.5Mt, Wed, 14 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12204 Union Finance Minister P. Chidambaram has warned the cement industry again of serious “administrative measures” if it did not cooperate in checking inflation. Wed, 14 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12205 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. Wed, 14 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12206 Lafarge has acquired a 35 per cent stake in Algerian cement company ERCC, according to Wed, 14 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12207 Greece’s Titan Cement Co. SA is looking to expand in the Balkans and Russia, Greek financial daily Imerisia reports Tuesday. Wed, 14 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12208 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%, Wed, 14 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12209 Chinese cement maker Asia Cement (China) Holdings Corp said late Tuesday its plants in Sichuan were not seriously affected Wed, 14 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12210 Indonesia’s domestic cement sales growth jumped 28.2 per cent in April from a year ago to 3.08Mt. Wed, 14 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12211 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). Wed, 14 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12212 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 Wed, 14 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12194 The Holcim (US) Inc. Trident Cement Plant in Three Forks, Mont., recently exceeded one million hours without a lost time accident (LTA). Tue, 13 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12195 Asia Cement Corp said its wholly-owned unit Sichuan YaDong Cement Corp will resume production in a day or two after Tue, 13 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12197 During 2007 output of cement production in Russian registered 60Mt. But despite the fast growth of cement production Tue, 13 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12199 The Vietnam Ministry of Construction has confirmed that the price of cement had increased temporarily in Ho Chi Minh City (HCMC), Tue, 13 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12200 Tanga Cement Company has rescinded its decision to sue the Tanzania Electric Supply Company (Tanesco) for disconnecting power to its plant. Tue, 13 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12201 Saudi cement producer Northern Region Cement Co will invest SAR250m (US$66.7m) in the construction of a cement plant in Jordan, Tue, 13 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12202 An Appeals Court has overruled a previous, lower court ban on Titan Cement SA’s mining operations in the Lake Belt district of Florida, and has ordered the lower court to reconsider the case Tue, 13 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12192 Cemex UK has added two new packed products to its cement range. Tue, 13 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12179 OAO Novoroscement has placed a major contract for a 2Mta cement production plant with Humboldt Wedag GmbH Mon, 12 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12180 PT Holcim Indonesia said it will soon acquire PT Bintang Polindo Perkasa (BPP) to increase its cement production capacity, according to local press reports. Mon, 12 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12183 Chongqing Fuling Electric Power Industrial said on May 6, 2008 that its affiliate company Chongqing Shuijiang power company Mon, 12 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12184 Tororo Cement has unveiled a $25m four-year expansion plan involving investments in new facilities, Mon, 12 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12186 Indian cement players have decided to keep cement prices stable in the current quarter, Mon, 12 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12187 Nguyen Quang Cung, a Ministry of Construction official has confirmed sufficient cement supply for this year, Mon, 12 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12181 Cement prices in China are expected to maintain single-digit growth this year because the fragmented sector lacks a few centralised industry leaders to press for a price increase, industry players say Mon, 12 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12189 Including its share of the jointly-owned Texas Lehigh Cement, the turnover of Eagle Materials for the financial year to the end of March fell by 15.2% to US$846.7m. Mon, 12 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12190 HeidelbergCement India, a wholly-owned subsidiary of HeidelbergCement, on Friday announced complete acquisition of Indorama cement and further consolidation of its Indian operation. Mon, 12 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12191 Cement prices are set to rise significantly again from July, although one of the major local producers is resisting the industry pricing trend. Mon, 12 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12170 Indian cement manufacturer ACC Ltd said Friday it will hold cement prices for the next 2-3 months in response to the federal government’s request to help keep rising inflation in check. Fri, 9 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12172 North Queenslands sole cement supplier, Cement Australia, says supplies should be back to normal by mid-May. Fri, 9 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12173 The planned broad-based black economic empowerment (BEE) deal by Pretoria Portland Cement (PPC) has been delayed further, with the ZARR4bn transaction expected to be finalised in the next few month Fri, 9 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12174 India’s Shree Cement expects a 15 per cent growth in sales volumes in 2008/09 on sustained demand Fri, 9 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12175 With the US economy experiencing a severe economic weakness, its impact on cement consumption and the construction industry will not be mild, Fri, 9 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12176 Italcementi’s first quarter turnover declined by 4.5% to EUR1306.6m, the running EBITDA was down by 5.3% to EUR260.9m and the trading profit fell back by 8.8% to EUR157.5m. Fri, 9 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12177 Helped by the consolidation of Hanson, the first quarter results from HeidelbergCement show a 71.8% increase in turnover to HeidelbergCement’s first quarter shows good underlying growth outside the US Fri, 9 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12169 Italian cement group Cementir Holding SpA, a unit of local construction company Caltagirone, posted a pre-tax profit of EUR3.8m (US$5.9m) for the first quarter of 2008 compared to EUR26m (US$40.1m) a Fri, 9 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12160 Lafarge’s turnover increased by 8.3% in the first quarter to EUR4,000m, helped by the consolidation of Orascom from the 23rd of January. Thu, 8 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12161 Indicating the first signs of a roll-back in last three years, the cement companies have slashed the billing price by Rs3 per bag in Gujarat on Monday. Thu, 8 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12162 In spite of the warm winter this year there has been no shortage of construction materials on the market, and, as a consequence Thu, 8 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12163 Holcim Philippines, Inc. will spend P2 billion this year as it upgrades its equipment in preparation for as much as 10% growth in the local cement industry. Thu, 8 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12164 Boral Ltd, Australia’s largest building products maker by sales, Thursday said net profit for the year ending June 30 may drop as much as 21% because of the US housing slump and wet weather at Thu, 8 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12165 The Rajawali Group, which has a 24.9 per cent stake in PT Semen Gresik has recommended the country’s largest cement maker expand operation abroad by acquiring one or two cement producers in Sout Thu, 8 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12166 HeidelbergCement , the world’s third-biggest cement maker, expects to boost sales and profit sharply this year as demand from eastern Europe and Asia offsets a weak North American market. Thu, 8 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12167 Chilean investment group Invesa Briones will invest US$190m over three years in its cement producer Cementos Bío Bío, the holding company’s president Hernán Briones told reporters. Thu, 8 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12168 Germany’s second largest cement producer Dyckerhoff AG booked a net profit of EUR40m in the first quarter of 2008 Thu, 8 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12149 Italcementi booked a consolidated net profit of EUR81.3m (US$126m) for the first quarter of 2008, down 12.4 per cent on the year. Wed, 7 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12150 Shui On Construction and Materials Ltd said it will sell cement and concrete plants in the southwestern province of Guizhou to its 45-per cent owned unit Lafarge Shui On Cement Ltd for HKD352m. Wed, 7 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12151 Cemex is considering the sale of assets including operations in Austria, Hungary and select building products in the United Kingdom. Wed, 7 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12152 Eagle Materials Inc. (EXP) late Tuesday reported its fiscal fourth-quarter net income fell to US$3.2m, Wed, 7 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12153 According to Al-Bayan newspaper (May 5, 2008), a report by the National Investor, an investment bank Wed, 7 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12154 The 39.8 per cent YoY rise of the cement prices in Brazil in the first quarter of 2008 was considered quite positive for Cimpor, Wed, 7 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12155 The Anil Dhirubhai Ambani Group’s (ADAG) proposed foray into cement business is set to start next month with operations Wed, 7 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12156 Helped by the inclusion of Florida Rock, Vulcan Materials’ first quarter turnover increased by 18.9% to US$819.3m Wed, 7 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12157 First quarter turnover at Holcim declined by 3.8% to SFr5,509m (€3,443m), principally reflecting the de-consolidation of the Egyptian and South African businesses but, on a comparative basis, there wa Wed, 7 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12158 Pretoria Portland Cement (PPC) saw its profit increase due to SA’s cement demand for its infrastructural projects, Wed, 7 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12159 Titan’s first quarter turnover emerged 0.6% lower at €340.2m and the EBITDA declined by 14.3% to EUR76.2m, while at the net attributable level there was a 15.8% reduction to €43.7m. Wed, 7 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12139 According to local press reports, the Iranian Ehdas Sanat Company (ESC) has recently won a tender for setting up a cement factory with the capacity of 1 Mta in Syria with US$200m value. Tue, 6 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12138 The construction boom in the region has led to high demand for cement. This has been compounded by supply shortages, causing rapid price increases. Tue, 6 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12137 Indian cement producer Dalmia Cement (Bharat) Ltd said its April cement shipments rose nine per cent to 266,000t from 244,000t in the year ago period. Tue, 6 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12135 The Holcim Inc. cement plant in Mason City is celebrating its 100th anniversary this year. Tue, 6 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12134 Tanzania Portland Cement Company (TPCC) plans to launch a new grinding mill by August to boost annual production by 90 per cent, Tue, 6 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12131 Greece’s Titan Cement Company SA. 2008 first-quarter group net profit is estimated to fall 21 per cent YoY to EUR40m Tue, 6 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12128 Due to the rising demand for cement Sri Lanka is to import 10,000t of cement from Pakistan to meet its requirements. Tue, 6 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12140 Qatar National Cement Company (QNCC) will negotiate a US$120m loan to finance the ongoing Tue, 6 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12141 PT Semen Gresik saw first quarter net profit rise 56% on year because of increased sales, a company spokesman said Tuesday. Tue, 6 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12148 Vicat’s first quarter turnover was off by 2.1% to EUR471m in absolute terms, but improved by 1.1% on a comparative basis. Tue, 6 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12147 Cement production grew by 3.9% compared to 2006 and reached 49.3Mt last year, according to data of the Turkey Cement Manufacturers’ Association. Tue, 6 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12146 Bahrain-based Islamic investment bank Gulf Finance House (GFH) on Monday said it plans to create a US$2bn cement company, Cemena, Tue, 6 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12145 Siam Cement Pcl, Thailand’s biggest producer, may spend as much as THB6bn (US$189m) to build a second factory in neighbouring Cambodia to triple its production capacity there. Tue, 6 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12143 Pakistani cement sales increased 25 per cent in the first 10 months of the 2007/08 fiscal year, Tue, 6 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12142 ACC Ltd has announced Cement production and sales figures for the month of April 2008. Tue, 6 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12144 H.E. Mohammed Ahmed bin Abdulaziz Alshihhi, Undersecretary of the Ministry of Economy, affirmed Tue, 6 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12121 Malaysian maker Tasek Corp Bhd, which recently announced a RM751m purchase, is still on the lookout for more acquisitions. Fri, 2 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12125 The Indian cement industry has added close to 15Mta capacity in the last quarter, including 10Mt in March alone, resulting in moves that might bring down cement prices in the near future. Fri, 2 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12124 Kenya’s Athi River Mining has set aside Sh1.2bn to upgrade its Kaloleni cement plant. Fri, 2 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12123 In an attempt to expand production of cement, Goldsun Development & Construction Co of Taiwan’s will set up new plants and acquire others in mainland China. Fri, 2 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12122 Cemex has said that sales across all its products in the UK will be down this year, according to Fri, 2 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12119 HeidelbergCement, Lafarge and India’s Aditya Vikram Birla Group are the lead bidders for the ready-mix Fri, 2 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12120 Indonesia’s second-biggest cement maker, PT Indocement Tunggal Prakarsa, said Friday its net profit more than tripled in the first quarter ended March, aided by Fri, 2 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12110 Venezuela has offered foreign cement companies subject to nationalisation the chance to form joint ventures with the state, and Thu, 1 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12107 Sri Lanka wants to encourage greater competition in local cement production and has given approval for Birla group officials to visit the site of a defunct northern cement plant the Indian group wants Thu, 1 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12111 Portugal’s Semapa said net profit in the first quarter to March dropped to EUR24.4m from EUR47.2m, due to a lack of the one-time gain booked in the first-quarter of 2007. Thu, 1 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12114 Lafarge Malayan Cement Bhd’s YoY (YoY) cement sales growth rates are expected to decelerate over the remaining months this year, Thu, 1 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12115 UltraTech Cement, a member of India’s Aditya Birla Group, has announced plans to invest Thu, 1 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12116 Bulgaria’s Devnya Cement, part of Italcementi Group, will invest over EUR250m (US$389m) to upgrade its plant, Thu, 1 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12117 China’s urbanisation, new rural development and infrastructure investment boost the demand for cement in 2008-2010, Thu, 1 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12118 HE Mohammed Ahmed bin Abdulaziz Alshihhi, Under Secretary of the Ministry of Economy, affirmed Thu, 1 May 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12099 Managing director of Cement Company of Northern Nigeria (CCNN), Sokoto, Mr Alf Karlsen has Wed, 30 Apr 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12100 Construction of a cement plant with an annual capacity of 1.3Mt has begun in Iskitim, the Novosibirsk Region (Siberia). Wed, 30 Apr 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12101 India’s largest electricity producer, NTPC Ltd, will manufacture cement near six of its power plants through ventures with private firms, said a top official. Wed, 30 Apr 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12102 PT Semen Tonasa is going to start the construction of a 3x15MW power plant in Pangkep, Wed, 30 Apr 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12104 Indonesia’s second-largest cement maker, PT Indocement Tunggal Prakarsa, reported on Wednesday its first-quarter net profit rose three-fold, helped by better margins. Wed, 30 Apr 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12105 Siam Cement PCL, Thailand’s largest industrial conglomerate, Wednesday reported a 25% fall in the first Wed, 30 Apr 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12106 India’s Grasim Industries Ltd said its consolidated net profit for the fiscal fourth quarter rose 58% from a year earlier, Wed, 30 Apr 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12103 Investment earnings last year helped Taiwan’s two leading cement producers, including Taiwan Cement Corp. and Asia Cement Corp, set after-tax earnings record highs. Wed, 30 Apr 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12089 Holcim (New Zealand) Ltd would not recommend its parent company invest in a new $200m cement plant near Weston with the draft Climate Change Bill in its present form. However Tue, 29 Apr 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12087 Union Cement Co, the UAE’s third-biggest cement maker by market value, has announced that its Tue, 29 Apr 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12088 At the beginning of April, Indonesian shipping company PT Rimba Segara Lines ordered a Nordströms cement-handling system from MacGREGOR Tue, 29 Apr 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12091 Hong Leong Asia Ltd. said on Monday it will control 68.3 percent of Malaysia’s Tasek Corp after the sale Tue, 29 Apr 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12092 Asia Cement (China) Holdings Corp, the mainland unit of Taiwan’s second-largest cement maker, Tue, 29 Apr 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12093 China’s cement price in March went up 11.94 per cent year on year and 4.67 per cent month on month despite the first quarter being the traditional Tue, 29 Apr 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12094 President Gloria Macapagal-Arroyo thanked officials of Taiheiyo Cement Philippines Inc. (TCPI) for their Tue, 29 Apr 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12095 Holcim will take complete control of Ambuja Cements India Limited (ACIL) by buying the remaining 11 per cent from Ambuja Cements Ltd Tue, 29 Apr 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12096 TPI Polene (TPIPL) announced a 1Q08 net profit of Bt955m, up 24.3% YoY and 224.6% QoQ. Tue, 29 Apr 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12097 Oman Cement Co , the country’s biggest cement firm by market value, posted its smallest profit in five quarters, Tue, 29 Apr 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12098 At yesterday’s annual general meeting, Italcementi announced the acquisition of two further ready-mixed concrete businesses in Kuwait for a total of approximately US$30m. Tue, 29 Apr 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12077 All Pakistan Cement Manufacturers Association (APCMA), Chairman, Aizaz Mansoor Sheikh has said that the action of Competition Commission has Mon, 28 Apr 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12079 There may not be a shortage of cement in Tanzania, but its prices are still high, according to local press reports. Mon, 28 Apr 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12080 The Vinaconex Cam Pha Cement Plant, with a capacity of 1.89Mta, was put into operation in Quang Ninh Mon, 28 Apr 2008 00:00:00 +0100 http://www.cemnet.com/members/news/story.aspx?id=12081 The realisation of the agreement signed in Baku February 14 between Azerbaijan Investment Company (AIC) JSC and Holcim is nearing completion. Mon, 28 Apr 2008 00:00:00 +0100