Cement News tagged: International
Kenyan cement firms complain about costs
Poor roads and inadequate communication infrastructure are making cement manufacturing too expensive Kenyan cement makers Bamburi and Athi River Mining are concerned that the high costs of production
Shree Cement expects good rise in sales
Shree Cement Ltd., whose main market is in north India, expects sales to rise 12-13 per cent in the current year to March, a top company official said on Tuesday, beating the industry average of 8 per
Takeover bid for Cementos Lemona
A unit of Spain’s Fomento de Construcciones & Contratas SA has launched a takeover bid of Euro 248.3m a share, for mid-size cement producer Cementos Lemona SA. The unit, Cementos Portland Valder
Taiwanese groups: profits rising
Due to an expected 10 per cent rise in the price of export cement, Taiwan’s cement firms will likely see their average profit margins increase two per cent next year. An institutional investor
Russia’s Eurocement to hold EGM
Russian cement producer Eurocement plans to hold an extraordinary general meeting of shareholders, or EGM, on February 6, 2006 to elect new members to the company’s board of directors, a spokesm
Indian cement majors lose momentum
Strong projections of sales fail to surface in the cement industry, as despatches continue to show single-digit growth. Apparently, it’s worse for the big four cement manufacturing companies in India.
New Cement Plant in Eastern Sudan
A number of Gulf businessmen will build a US$180m cement plant in Eastern Sudan, local media reported on December 5, 2005. The plant will have an annual production capacity of
Gulf Cement Doha – clinker production
A public shareholding company to be called Gulf Cement Company with a paid up capital of QR800m is being established, said Abdullah bin Nasser Al Misnad, Chairman of the company’s founding committee.
Bermuda: concern over cement supplies
The West End Development Corporation (Wedco) has failed to secure a deal with cement giant Cemex to take over the Bermuda Cement Company plant next month, informed industry sources told the Mid-Ocean
Trinidad also grappling with shortage
Reports have surfaced that Trinidad Cement Limited the parent company of Jamaica’s Caribbean Cement Company is also grappling with a shortage of supplies. A report in the Trinidad and Tobago&rsq
Indonesia’s Gresik profit rise
State cement firm PT Semen Gresik expects its full-year net profit this year to rise by about 50 per cent from R520.59bn in 2004 on better cost efficiency and cement prices, company president Dwi Sutj
Cement sector’s capacity may expand
Pakistan: with all the expansions coming online left right and centre, investors are confused about how much total supply of cement will be there in the market. According to calculations of cement sec
Cement ship sinks in Italian storm
Bad weather has battered much of Italy, sinking a cargo ship off the north-west coast after strong winds drove it into a breakwater.
HeidelbergCement to buy Danish importer
HeidelbergCement, the sole cement producer in both Sweden and Norway, has signed an agreement with the Bach group to acquire Randers Cement and DK Beton. Randers Cement is the sole surviving independ
Cementir invests in white cement
Cementir, which acquired Aalborg Portland Cement last year, is building a new import terminal for white cement at Tampa in Florida. This terminal, which will come on stream in 2006, will be supplied
Afghanistan cement project
The US trade & development agency recently provided a grant to the local ministry of mines & industries to enable the completion of a project feasibility study regarding various cement