Cement News tagged: International
Tasek In JV
Malaysia’s Tasek Corporation Bhd will set up a joint venture with Saigon Cement Joint Stock Company in Vietnam to establish a cement manufacturing plant in Ho Chi Minh City,
Balcem Produces 146,000t
Ukrainian cement plant Balcem, formerly known as Balakleyski cement, produced a total of 146,000t of cement in January to February 2005. Balcem ranked second in terms of cement
Cement Consumption in Spain
Cement consumption in Spain increased 1.07 per cent year-on-year to 7.26Mt in the first two months of 2005, Spanish Cement Makers Association (OFICEMEN) said on March 16,
Cemex dispute set for the courts – again!
Ahead of the hearing on the dispute between PT Semen Gresik and Cemex SA at the International Center for the Settlement of Investment Disputes in Washington DC, scheduled to last from July 28 through
Cement manufactures demand duty abolition
Cement manufacturers in Pakistan have proposed the government to abolish central excise duty (CED) on cement. Talking to newsmen, Managing Director, Dadabhoy Cement, Senator Mohammed Amin Dadabhoy,
HK Chia Hsin Cement 2004 Net Falls significantly
Hong Kong-listed Chia Hsin Cement Greater China Holdings Corp said Tuesday its 2004 net profit fell 22 per cent from a year earlier, on lower Chinese cement prices despite rising raw
Akmenes February sales
Akmenes Cementas, the only manufacturer of cement in Lithuania, boosted its turnover 20 per cent over the first two months of 2005, due to increased sales in Lithuania and Latvia. In January-February
Cemex still wants to do business in Indonesia
PT Cemex Indonesia, which has threatened to turn to arbitration court against the government over Semen Gresik dispute, said it still wants to do business in Indonesia. Chief
Strong domestic demand offsetting rising energy cost
Thailand’s January cement sales were very impressive compared with an average growth of 12 per cent for last year and 5 per cent growth for 2003. Conservative forecast is maintained for domestic cemen
China Resources to launch two cement production lines
The China Resources (Holdings) Co., Ltd. (CRC) signed an agreement on building two new dry process cement production lines with a daily output of 4000t in Nanning of South China’s
EU approves Aggregate buy-out
The European Union Commission Monday approved Swiss construction material company Holcim Ltd.’s acquisition of U.K. rival supplier Aggregate Industries PLC. Holcim is offering
Eagle Materials to increase cement capacity
Eagle Materials in the United States which in January completed the purchase of the outstanding 50 per cent of the equity in Illinois Cement Company for US$72m, is investing
China’s Tangshan Jidong Cement
Tangshan Jidong Cement Co Ltd said its 2004 net profits fell 2.93 per cent from a year earlier to 142.99 mln yuan due to increased costs from coal, power and transportation. The
Philippine Court of Appeals stops SEC order
The Court of Appeals has stopped the Securities and Exchange Commission (SEC) from enforcing its instruction to Cemco Holdings Inc to buy out the minority shareholders of
Turkey’s 2004 Cement output
Turkey’s cement output stood at 38.8Mt in 2004, surpassing 28.1Mt in the previous year, the Turkish Cement Manufacturers Association announced. Turkey produced 26.2Mt of cement
Cemex sees EBITDA flat, revenues up
Cemex expects its core earnings to come in flat in the first quarter, held back by fewer business days because of Easter. Cemex said on Monday it expects EBITDA to be about $560m in the January-March