Cement News tagged: International
Industry misinformed about Mexican cement antidumping
Joe Dorn, a Washington-based attorney representing the Southern Tier Cement Committee accuses Mexicans of double standards: "The bottom line is, Cemex cannot have it both ways," "The Mexican cement gi
Holcim Shutdown ’No Threat to Supply’
The planned shutdown of a cement production line by Holcim South Africa, at the end of the year was unlikely to affect supply in Gauteng, the group said yesterday. The disclosure by Holcim follows a
ACC sells refractory units
As part of its strategic plan to exit non-cement businesses, ACC on Wednesday reached an agreement with ICICI Venture Funds to sell off its refractory business in what is possibly the largest 100 per
Bank signs with Pioneer Cement
A Memorandum of Understanding (MoU) was signed between the Bank of Punjab (BoP) and Pioneer Cement Limited, Pakistan, under which the bank would act as the company’s main banker and handle its c
James Hardie explain Chile exit
The Australian firm James Hardie’s surprising departure from the Chilean fibre-cement sector - it has sold its assets to Compania Industrial El Volcan - linked to the Matte family - can be expla
Ghacem keeps on giving
The Ghacem Cement Foundation yesterday presented to 29 beneficiaries 30,000 bags of Portland cement worth C1.3 billion for the first half of the year. Addressing the beneficiaries, the Managing Direct
Japanese concrete survey warning
Japan’s bridges aren’t exactly falling down, but industry officials fear that many might be on the verge of severe deterioration. Cement manufacturers say the standard guarantee for concre
Shares of Malaysian producers rise
Shares of local cement producers rose yesterday on news of a 50 per cent jump in the product price, as investors bet that business prospects would improve following the increase. YTL Cement Bhd, a uni
Ghacem warns beneficiaries of Cement Foundation
Ghana Cement Limited (GHACEM) on Tuesday said it would not hesitate to take action or blacklist beneficiary communities of its Cement Foundation who used the product for purposes other than what they
Cement price jump surprises association
Malaysian ready-mix producers, caught off-guard by the 50 per cent jump in cement prices to RM180 per tonne since July 1 2005, say the higher price will aggravate the slowdown in the construction and
Nirma to slash cement market prices
Nirma chairman Karsanbhai Patel today said he would unleash a price war in the cement market once the company started producing cement at its proposed 1.2Mta unit in Mahuva, near Bhavnagar, India. He
Swiss cement sales up
Domestic sales of the Swiss cement industry rose 14.1 per cent year-on-year to 1.28Mt in the second quarter of 2005, the industry association Cemsuisse said on July 8, 2005. A total 49.4 per cent of
Cement price set to rise early next year
Despite higher production costs caused by higher fuel prices, Vietnamese cement prices will be regulated by the government until year-end, when a price hike comes into effect.
Developing cement shortage in the US
According to the Portland Cement Association’s latest survey of cement suppliers in May, 23 states are currently experiencing cement shortages. The shortage, which has been ongoing since the spr
Birla to expand cement capacity
Notwithstanding the ongoing bitter legal battle over its control, the Rajinder Lodha controlled Birla Corporation, the flagship company of M P Birla group, plans to substantially expand its cement cap
Spohn offer ’is fair’ say HeidelbergCement
HeidelbergCement AG said its supervisory and management boards both agreed that Spohn Cement AG’s Euro 60 per share takeover offer for the company ’is fair.’ The