Cement News tagged: International
Congress approves US$196m cement plant
Venezuela’s national assembly has approved plans for the construction of a cement plant by government holding company Corporació Venezolana de Guayana (CVG) and Iranian firm Edhasse Sanat, local
Peru domestic cement sales At 329,149t May 2005
Peru cement sales on the local market increased by 8.4 per cent YoY in May 2005 to 329,149t, the local association of cement makers Asocem said.
Cement price increases, Pakistan
An increase of Rs20 to Rs25 per bag in the price cement was recorded in the country making the total price of the bag Rs305 from Rs290. According to Federal Bureau of
Yemeni Bajil cement factory 2004 revenue rises to US$24.5m
The Bajil cement plant in Yemen’s western Hodeidah posted a revenue of 4.71bn Yemeni riyals (US$24.5m) for 2004, up from 4.26bn riyals (US$22.11m) in 2003.
Semen Gresik May cement sales up 9.7%, Indonesia
PT Semen Gresik cement sales in May were up 9.7% at 1.42Mt from 1.29m a year earlier, with strong domestic sales offsetting a fall in exports, the Indonesian Cement Association (ASI) reported.
ACC in expansion mode
India’s ACC has chalked out a capex plan of close to Rs 500 crore for the current fiscal, which would involve large-scale expansion in its grinding capacity. The cement major, in which Holcim has 34.
Semen Gresik May cement sales up
PT Semen Gresik cement sales in May were up 9.7 per cent at 1.42Mt from 1.29Mt a year earlier, with strong domestic sales offsetting a fall in exports, the Indonesian Cement Association (ASI) reported
EuroCement Group intending to invest in the Ukraine
The Eurocement Group, Russia’s largest cement producer intends to invest US$27.5m in modernization of the Ukranian Baltsem cement plant (Balakliia, Kharkiv region) and the Pushka cement plant (Kramato
Cimpor Brazil sees 2005 exports more than double
Cimpor Brasil, the Brazilian unit of Portugal’s cement maker Cimpor, is expected to more than double its exports in 2005, compared with the previous year, it was reported on June 16, 2005. The
Iranian cement production capacity set to increase
According to “Tehran Times”, upon the completion of the construction of several new cement plants across the country, national cement output will rise by 4Mt. Three plants are expected to come into op
Pricing of TPI Polene shares expected in July
Pricing for the 249-million-share private placement of TPI Polene is expected to be finalised by next month, according to Kim Eng Securities, the financial adviser for the offering, the Bangkok Post r
Akmenes cement sales
Akmenes Cementas, Lithuania’s only cement manufacturer, posted sales of 12.324 million litas (EUR 3.57m) for the first five months of 2005, a decline of 2 per cent from the year-earlier figure o
Peru’s May cement sales fall
Peru’s overall cement sales in May fell a tiny 0.02 per cent to 401,846t from the 401,945t sold in the same month a year before, the National Association of Cement Producers, or Asocem, said Wed
FCC completes Giant upgrade
Cementos Portland Valderrivas, the cement division of Spanish construction and services group FCC, has expanded its US activities with the inauguration of a new $132m line at its giant Cement operatio
Philippines’ Fortune Cement to merge with Continental
Fortune Cement Corp said its board of directors has approved the company’s merger with another Philippine cement maker, Continental Operating Corp, with Fortune Cement as the surviving entity.
Thailand’s TPI Polene share sales could raise $250m
Kim Eng Securities (Thailand) has been chosen to advise Thai Petrochemical Industry (TPI) on the sale of its 30-percent stake in cement maker TPI Polene, TPI’s debt administrator said.