Cement News tagged: International
Azores Cement Sales Down
Cement sales in Portugal’s autonomous region of the Azores Islands registered a 2.7 per cent year-on-year decrease to a total 27,382t in May 2005, data from the Azores regional statistics office
Sale of TPI shares await court approval
The planned e-auction of TPI Polene Plc’s 250 million shares may be derailed if the court approves Prachai Leophairatana’s latest attempt to regain control over the country’s third l
Cement demand in south up 22% in Q1
After being in the dumps for long, the south is finally showing signs of a strong revival. Cement consumption in the southern region picked up momentum during the first quarter, growing by a breathtak
Gulf Cement Co first-half profit more than doubles
Gulf Cement Co said its half-year profit more than doubled to KWD18.4m (US$63m) from KWD7.6m in the same period of 2004.
Nordic investment bank to help fund Vietnamese cement plant
The Vietnamese government has permitted the Ministry of Finance to borrow EUR30m (US$36.4m) from the Nordic Investment Bank to build the Ha Long Cement Plant.
IFC arranges US$105m for CCC upgrades
The International Finance Corporation (IFC) has arranged a US$105mn financial package for cement holding TCL Group to carry out modernization and expansion works at Jamaican subsidiary Caribbean Cemen
CRH to buy Quester building materials chain
The Quester family signed an agreement to sell building materials retail chain Quester Baustoffhandel GmbH to Irish cement and construction materials group CRH on July 22, 2005. No financial details
Italy Italsigma Plant Starts Working
The plant of Italian concrete admixtures producer Italsigma has started working at full capacity, the company said. Italsigma is a joint venture between Italian concrete admixtures supplier Axim Italc
CSN steps into cement market
The proposed new business of Brazilian entrepreneur Benjamin Steinbruch, majority shareholder and chairman of steelmaker CSN (Companhia Siderurgica Nacional) is reportedly moving ahead. The cement man
Siberian Cement news
In the first half of 2005, Siberian Cement Holdings produced 1.4Mt of cement, the company’s President Andrey Muraviev said. In total, the official was quoted as saying that by the end of 2005 th
New Laos cement factory nears completion
A project to build a cement factory with the capacity to produce 2500tpd is nearing completion. Work on the factory, located at Ban Nalaokham in the Mahasay district of Khammouane province, Laos, co
Polish cement output drops
Cement production in Poland fell to 4.9Mt in the first half of 2005, from 5.3Mt in the first half of 2004, the country’s association of cement producers SPC said. The country’s clinker pro
Cemex net gains after RMC buyout
Cemex posted a better-than-expected 197 per cent increase in quarterly net profit following its $5.8bn takeover of Britain’s ready-mix concrete producer RMC. Cemex said on Wednesday its April-Ju
South African cement sales boom
Cement sales for the first half of 2005 rose by 10.3 per cent year-on-year (y/y) to 5,496,523t, the Cement and Concrete Institute (CNCI) reported.
ACC’s expansion project
The Chief Minister of Jharkhand today inaugurated the modernization and expansion project of ACC’s Chaibasa Cement Works. The project comprises replacement of the earlier plant which was based o
Indonesia June cement consumption up
Indonesia’s cement consumption, an indicator of economic activity, rose 6.7 per cent by volume in June from a year earlier, the country’s largest cement maker said on Thursday. State-con