Cement News tagged: International
Philippines Republic Cement sees tough year
Republic Cement Corp, part of the worldwide Lafarge empire, expects a tough year in 2005 as it grapples with rising production costs, continued tight government spending on infrastructure, and a possi
China’s output of cement in March 2005
China produced 72.794Mt of cement in March 2005. The output in January-March reached 172.296Mt, up 1.2 per cent year on year, according to the National Bureau of Statistics. In
Rajasthan may slip up on cement output
The largest cement producing state in India, Rajasthan, where no substantial capacity additions have occurred in the past five years, will soon be required to enhance production capacity in the state
Laos cement update
With more than US$10m being used to buy imported cement, news that a local factory is pushing ahead with production improvements is welcome news to government planner. Vanvieng Cement Factory with a p
Sebi gives Holcim okay for Ambuja Eastern open offer
After a four-month delay, Holcim on Wednesday received the go-ahead from Sebi to make its open offer to minority shareholders of Ambuja Cement Eastern (ACEL), who have a five per cent shareholding in
Indocement sees better sales
Indonesia’s second-largest cement maker, PT Indocement Tunggal Prakarsa Tbk , said it expects better operating results this year, though rising interest and mortgage rates could dent housing dem
Higher demand pushes Holcim Romania Q1 turnover
Holcim Romania said on its first-quarter turnover rose 10% YoY as a result of higher demand on the local cement market. The company posted EUR 16m in sales through
Eurocement acquires Baltsem, Ukraine
The Eurocement Group (Moscow), has acquired a controlling stake in the Baltsem plant (Balakliia, Kharkiv region), one of the three major cement producers in the Ukraine. As
US$320m cement company to be established in Saudi Najran
An SAR1.2bn (US$320m) cement company is currently under establishment in Najran, southern Saudi Arabia, local media reported. The company, called Al Rub’a al-Khali Cement,
Increased costs impact Juan Minetti’s Q1
Argentina’s second largest cement company Juan Minetti posted a 23m-peso (US$7.97m) consolidated net profit in the first quarter, down 20.1 per cent from 1Q04, Minetti reported to the country&rs
Growth in gypsum sales expected to moderate
The gypsum market in Thailand will likely expand at a slower pace this year than in 2004, according to Siam Gypsum Industry (Saraburi) Co, a Franco-Thai joint venture between
UAE Union Cement plans new mills
UAE Ras al-Khaimah cement manufacturer Union Cement is leading talks with international companies over the purchase and installation of new cement mills at its plant in the northern area of the emirat
Qatar cement shortage
Qatar is facing severe shortage of cement supplies. This is hampering several construction projects and delaying projects completion. Ministry of Economy and Commerce announced the setting up of a spe
High oil prices fuel construction growth
High oil prices are helping to accelerate the momentum of Bahrain’s construction sector and its rising contribution to GDP is set to continue, says The Nass Group Executive, Sameer Abdulla Nass, whose
Yemen to increase cement production
Yemen is to increase its cement production to 6Mt by 2007, Minister of Industry and Trade Khaled Rajah Sheikh stated.In his remarks to the press, the minister added that the ministry
Siam City Cement Q1 net up
Thailand’s second-biggest cement maker, Siam City Cement PCL , said on Tuesday quarterly net profit rose two per cent, lifted by public construction projects such as a new airport, but margins w